Quarkchain
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Quarkchain in numbers
Quarkchain (QKC) ranks #731 by market capitalization, at $19.45M. It belongs to the Networks sector (Layer-1). It has traded since Jun 4, 2018, across 41 markets on 8 exchanges, with $588.32K of volume in the last 24 hours. Its all-time high of $0.341425 was reached on Jun 5, 2018; the current price is 99.4% below that peak. Its cycle low of $0.0013803 came on Mar 13, 2020.
7.28B QKC are in circulation. 5 investors are recorded as backers, including LD Capital, Fenbushi Capital, HASHED. On Ethereum, 10,119 addresses hold QKC.
About Quarkchain
QuarkChain is a blockchain infrastructure company that utilizes blockchain sharding technology to create a flexible, scalable, and user-oriented platform. It offers features such as multi-VMs, multi-consensuses, multi-ledgers, and cross-shard transactions. QuarkChain also supports the development of decentralized applications and provides an ecosystem with numerous partner projects.
Background
QuarkChain aims to build a high throughput blockchain targeting 10,000 transactions per second. To accomplish this the team is building a multi-layer blockchain that leverages sharding. It runs using the Ethereum Virtual Machine and like Ethereum targets general purpose smart contract applications. Currently, the project uses a placeholder ERC-20 token and will complete a token swap during a planned mainnet launch in late 2019.