Why people should check out Quarkchain ICO Project?
What is the Quarkchain? If you invest in Quarkhain ICO. So, to answer this question, let’s look a little further into this & review Quarkchain ICO Project!
What is the Quarkchain?
The QuarkChain project wants to build a third generation of blockchain with multiple layers of scalability through the Sharding solution with consists of two main classes that perform separate functions.
The first layer of shards performs a subset of transactions independently. As the number of strings increases, the number of transactions that can be processed increases. The second layer, the original string, can validate transactions (blocks) in the first string without performing transaction processing.
Quarkchain supports two types of cross-shard and in-shard transactions. An in-shard transaction is a transaction that has a send and receive address in the same shard. Cross-shard transactions are transactions that have received and sent addresses in two different shard strings. Support for cross-shard helps speed up the system.
QuarkChain develops the smart wallet, which allows you to store all types of electronic payments in different strings, all with just one private key.
Support for intelligent contracts via EVM (Ethereum Virtual Machine), this solution makes Quarkchain easily compatible with the current Dapp.
Quarkchain aims to improve the existing blockchain network and achieve transaction speed of 1 million transactions per second.
When investing in ICO the most important thing is the team!
So, who are QuarkChain’s founders?
The development team consists of 10 members and 6 advisors. Overall, the development team is quite experienced in both research and in large companies such as Facebook, Google, Dell ...
Qi Zhou: Co-founder and CEO of Quarkchain, graduated from Beijing Post and Telecommunications University, PHD at Georgia Tech. He has experience working in Facebook, Google, and EMC
Zhaoguang Wang: Software engineer, served as research assistant at the University of Michigan, engineer at Google. He has extensive experience in researching and building distributed storage systems.
Xiaoli Ma: Project team leader, faculty member at Georgia Tech. He is co-founder of Ratrix Technologies, which specializes in the optimization of data transmission systems.
In addition, the project has six mentors, most of whom are experienced in technology such as Leo Wang, executive director of PreAngle VC, Mike Miller, director of Liquid2 Ventures. Overall, the team is strong, but has little experience about blockchain.
What is the Pros and Cons of Quarkchain?
Strengths of the project
The first version of Quarkchain Testnet are currently already running. The project focuses on solving the main problem of current electronic money, which is quite open. the Testnet to run 2k TPS. Development Roadmap, the team aim to achieve 10k TPS.
There are samples, expected to release testnet in May.
Support for intelligent contracts via EVM (Ethereum Virtual Machine), this solution makes Quarkchain easily compatible with the current Dapp.
The development team is experienced in the technology employed by large companies.
The project received great attention from the community with 79,000 members on the telegram. The number of members increases very fast.
