Coin-related
Price calculator
Price history
Price prediction
Technical analysis
Coin buying guide
Crypto category
Profit calculator
QuarkChain priceQKC
QuarkChain price calculator
More cryptocurrencies calculator >QuarkChain price live data summary
What is the highest price of QKC?
What is the lowest price of QKC?
QuarkChain price prediction
When is a good time to buy QKC? Should I buy or sell QKC now?
What will the price of QKC be in 2025?
What will the price of QKC be in 2030?
QuarkChain ratings
About QuarkChain (QKC)
What Is QuarkChain?
QuarkChain is a blockchain architecture, conceptualized in 2017 by Qi Zhou, a former engineer at Google and Facebook. It emerged as a solution to the scalability challenges faced by existing blockchains. By March 2018, QuarkChain introduced its unique multi-layer sharding approach, designed to significantly enhance transaction speeds without sacrificing security. This innovation led to the successful launch of their mainnet in December 2018, boasting an impressive capacity of handling 100,000 transactions per second (TPS).
QuarkChain’s development has been marked by continuous advancements and expansions in its ecosystem. The platform’s core mission is to offer a scalable, decentralized blockchain solution that upholds the fundamental values of blockchain technology: decentralization, security, and scalability. This is achieved through its innovative architecture and commitment to maintaining a global, inclusive blockchain community.
Resources
Whitepaper: https://quarkchain.io/wp-content/uploads/2018/11/QUARK-CHAIN-Public-Version-0.3.5.pdf
Official Website: https://quarkchain.io/
How Does QuarkChain Work?
The essence of QuarkChain’s functionality lies in its sharding technology. Sharding divides the network’s data into smaller segments, known as “shards,” each capable of independently processing transactions and smart contracts. This parallel processing allows for simultaneous handling of different transaction sets across multiple shards, thereby exponentially increasing the network’s throughput.
QuarkChain’s architecture is dual-layered, comprising a primary layer of shards and a root layer that confirms the blocks from these shards. Transactions are quickly confirmed at the shard level and then further validated on the root chain, ensuring overall network security. This structure effectively balances scalability with security.
Additionally, QuarkChain has introduced collaborative mining, a strategy that promotes decentralization and equitable reward distribution. This approach ensures that miners of varying hash powers have proportional opportunities to mine new blocks, thereby preventing the dominance of larger mining pools and maintaining network integrity.
What Is QKC Token?
QKC is the native token of QuarkChain. With a maximum supply capped at 10 billion tokens, QKC plays multiple roles within the network. It is used for transactions, as a medium for incentives, and to cover transaction fees. The token’s distribution was planned during QuarkChain’s ICO, with allocations for mining, marketing, community, the QuarkChain foundation, and the team.
What Determines QuarkChain's Price?
The price of QuarkChain (QKC), like many cryptocurrencies, is influenced by a complex interplay of various factors, deeply rooted in the principles of supply and demand within the blockchain and cryptocurrency markets. One of the primary determinants is market sentiment, which is significantly swayed by the overall perception of QuarkChain's technology, its scalability, and its potential to revolutionize blockchain efficiency. As investors and users recognize the innovative sharding technology and the high transaction throughput that QuarkChain offers, their growing interest and trust can positively impact QKC's price. This sentiment is often reflected in media coverage, expert opinions, and community discussions across various platforms, including social media and cryptocurrency forums.
Another crucial factor is the network's adoption and partnerships. As QuarkChain expands its ecosystem through strategic alliances and integrations, it gains more utility and visibility in the broader blockchain and cryptocurrency communities. For instance, collaborations with other blockchain projects, adoption by decentralized applications (dApps), and integration into larger blockchain infrastructures can enhance the perceived value and utility of QKC. Additionally, the overall market trends and movements in the cryptocurrency sector play a significant role. Like other digital assets, QKC's price is subject to the fluctuations and trends of the crypto market, which can be influenced by global economic factors, regulatory news, and technological advancements in the blockchain space.
Lastly, the technical and fundamental aspects of the QuarkChain network, such as updates, improvements, and the overall health and security of the blockchain, are critical in determining QKC's price. Investors and users closely monitor these developments, as they can directly impact the network's performance and reliability. The balance of supply and demand, driven by factors like token distribution, mining rewards, and the total supply cap of 10 billion QKC, also plays a pivotal role in shaping its market value. In essence, the price of QuarkChain is a reflection of its technological prowess, market dynamics, and the evolving landscape of the blockchain and cryptocurrency sectors.
For those interested in investing or trading QuarkChain, one might wonder: Where to buy QKC? You can purchase QKC on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.
QuarkChain price performance in USD
QuarkChain price history in USD
QuarkChain market information
QKC to local currency
Crypto calculator- 1
- 2
- 3
- 4
- 5
How to buy QuarkChain(QKC)
Create Your Free Bitget Account
Verify Your Account
Buy QuarkChain (QKC)
Join QKC copy trading by following elite traders.
QuarkChain news
See moreBuy more
FAQ
What is the current price of QuarkChain?
What is the 24 hour trading volume of QuarkChain?
What is the all-time high of QuarkChain?
Can I buy QuarkChain on Bitget?
Can I get a steady income from investing in QuarkChain?
Where can I buy QuarkChain with the lowest fee?
Where can I buy QuarkChain (QKC)?
Video section — quick verification, quick trading
Trade
Earn
QKC/USDT
Spot
QuarkChain Social Data
In the last 24 hours, the social media sentiment score for QuarkChain was 3, and the social media sentiment towards QuarkChain price trend was Bullish. The overall QuarkChain social media score was 0, which ranks 983 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with QuarkChain being mentioned with a frequency ratio of 0%, ranking 1179 among all cryptocurrencies.
In the last 24 hours, there were a total of 104 unique users discussing QuarkChain, with a total of QuarkChain mentions of 3. However, compared to the previous 24-hour period, the number of unique users decrease by 17%, and the total number of mentions has decrease by 84%.
On Twitter, there were a total of 0 tweets mentioning QuarkChain in the last 24 hours. Among them, 0% are bullish on QuarkChain, 0% are bearish on QuarkChain, and 100% are neutral on QuarkChain.
On Reddit, there were 8 posts mentioning QuarkChain in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 20% .
All social overview
3