Buy QuarkChain (QKC)
What is QuarkChain?
QuarkChain is an EVM-compatible blockchain infrastructure designed to enhance scalability and customization. It utilises sharding technology to increase transaction capacity and support cross-shard transactions. QuarkChain aims to provide a secure, decentralized, and highly scalable platform capable of processing over 100,000 transactions per second (TPS).
How does QuarkChain work?
QuarkChain operates on a two-layered architecture consisting of shards and a root chain. Shards process transactions independently, while the root chain confirms transactions to ensure security and decentralization. It uses a Proof of Work (PoW) consensus mechanism on shards and plans to implement Proof of Staked Work (PoSW) on the root chain. QuarkChain also supports Ethereum smart contracts via EVM compatibility, facilitating the migration of decentralized applications (dApps) from Ethereum to the QuarkChain platform.
What are the potential use cases for QuarkChain?
QuarkChain's scalable architecture makes it suitable for various use cases, including:
- Decentralized Applications (dApps): Supports Ethereum-compatible dApps with enhanced scalability and lower fees.
- Gaming and Entertainment: Powers gaming platforms and applications with high throughput demands.
- Financial Services: Facilitates DeFi products like staking and trading platforms.
- Artificial Intelligence and Big Data: Supports applications requiring high transaction speeds and capacity.
- Environmental Governance: Utilized in blockchain-based environmental management platforms.
What is the history of QuarkChain?
QuarkChain was founded in 2018 by Qi Zhou to address blockchain scalability issues. The project launched its testnet in 2018, followed by its mainnet in 2019. Key milestones include achieving over 318,000 TPS in competition and launching mainnet upgrades and staking features. QuarkChain collaborates with various partners, including AWS, to expand its technological capabilities and use cases in different sectors.
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Frequently Asked Questions (FAQs)
What is the current price of QuarkChain (QKC)?
The QuarkChain price is $0.01621249 AUD, representing a +4.33% from the day prior.
Where is the best place to buy QuarkChain (QKC) in Australia?
The best place to buy QuarkChain (QKC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell QuarkChain (QKC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of QuarkChain (QKC)?
The trading volume of QuarkChain (QKC) is $10.8M AUD in the last 24hrs, representing a +4.33% from the day prior.
How can I buy QuarkChain (QKC)?
QuarkChain (QKC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of QuarkChain (QKC)?
The current market cap of QuarkChain (QKC) is $113.4M AUD.
Can I convert QuarkChain (QKC) to cash?
Yes - With Coinstash you can convert your QuarkChain (QKC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many QuarkChain (QKC) are there?
The current circulating supply of QuarkChain (QKC) is 7.1B.
Is Coinstash a safe place to buy QuarkChain (QKC) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling QuarkChain (QKC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.