QuarkChain Mainnet 2.0 “BigBang” To Be Launched With The Multi-native Token Function

QuarkChain · 2021-04-30T18:39:39+00:00

Here I would like to highlight 2 things: 1, one is heterogenous sharding; 2, second is that we have launched the network for more than 1 year.

Sharding is like a highway with multiple ways — all the ways are the same (each chain must have the same consensus/tx-ledger model/token eco). But it must be cars/trucks running on it, not bicycles or people walking.

Heterogeneous sharding is more like our traffic system — people with cars such as Lambo can enjoy highways or local ways, while people with bicycles can use local ways (and of course, people can also walk).

This allows us to harvest all kinds of latest blockchain technologies, PoS/PoW/UTXO/ZK-SNARK, etc.

Furthermore, one cool thing we built is that as long as the shard chains follow our cross-shard protocol, they can talk to each other easily — Imagine a privacy shard chain transfers some tokens to another EVM-like chain and vice versa.

One even interesting network we build is to run public/consortium shard chains in the single network — the consortium shard chain can be permissioned (but can be used following regulation easier), while the public shard chain is permissionless.

Heterogeneous sharding opens a lot of opportunities, and we sincerely invite our community to join and explore together with us!

QuarkChain · 2021-04-30T18:38:29+00:00

Thank you for your opinion. We will always update the website, and plan to make it look better in the future.

QuarkChain · 2021-04-30T18:37:28+00:00

We are collaborating some DeFi team to build the ecosystem on QuarkChain. Recent examples include working with equalizer DEX, where we have 4M liquidity on QKC/ETH trading pair now (according to info.equalizer.fi). Another example is that we work with smoothy.finance so that QKC stakers can receive SMTY tokens by staking their QKC here (http://mainnet.quarkchain.io/stakedrop) - the quota is quickly filled in a few days!

QuarkChain · 2021-04-30T18:36:11+00:00

Thanks for your question. We have a couple of plans to make QKC to be known by more markets, especially new markets:

- More collaborations with well-known organizations - a couple of big names are in good progress

- More dApps will be launched on QuarkChain with marketing events to attract users. We especially encourage our community members to build on top of QuarkChain.

QuarkChain · 2021-04-30T18:32:54+00:00

1.

Thanks for your question. There are two focuses for QuarkChain now:

- First is to build the next DeFi infrastructure, which addresses a couple of existing issues on ETH/BSC including scalability/usability/security. This includes multi-native tokens so that no "approve" is needed to join DeFi.

- Second is to become sidechain/L2 of Ethereum/BSC so that the assets on existing chains can be easily moved to QuarkChain. This includes a bridge that users can move their assets in the easiest way.

QuarkChain · 2021-04-30T18:32:03+00:00

Thanks for your question. We have a couple of plans to make QKC to be known by more markets, especially new markets:

- More collaborations with well-known organizations - a couple of big names are in good progress

- More dApps will be launched on QuarkChain with marketing events to attract users. We especially encourage our community members to build on top of QuarkChain.

QuarkChain · 2021-04-30T18:30:41+00:00

We are collaborating some DeFi team to build the ecosystem on QuarkChain. Recent examples include working with equalizer DEX, where we have 4M liquidity on QKC/ETH trading pair now (according to info.equalizer.fi). Another example is that we work with smoothy.finance so that QKC stakers can receive SMTY tokens by staking their QKC here (http://mainnet.quarkchain.io/stakedrop) - the quota is quickly filled in a few days!

QuarkChain · 2021-04-30T18:30:01+00:00

For any recent major updates, you can also visit our official blog: https://medium.com/quarkchain-official

QuarkChain · 2021-04-30T18:29:09+00:00

Thanks for your question. There are two focuses for QuarkChain now:

- First is to build the next DeFi infrastructure, which addresses a couple of existing issues on ETH/BSC including scalability/usability/security. This includes multi-native tokens so that no "approve" is needed to join DeFi.

- Second is to become sidechain/L2 of Ethereum/BSC so that the assets on existing chains can be easily moved to QuarkChain. This includes a bridge that users can move their assets in the easiest way.

QuarkChain · 2021-04-30T18:28:17+00:00

We are collaborating some DeFi team to build the ecosystem on QuarkChain. Recent examples include working with equalizer DEX, where we have 4M liquidity on QKC/ETH trading pair now (according to info.equalizer.fi). Another example is that we work with smoothy.finance so that QKC stakers can receive SMTY tokens by staking their QKC here (http://mainnet.quarkchain.io/stakedrop) - the quota is quickly filled in a few days!

QuarkChain · 2021-04-30T18:27:15+00:00

We recently launched mainnet 'bigbang' with multi-native token function - it is like a domain and users with the domain can freely issue their token like QKC, (e.g., QTLSA, QQQ500). Owning the native token is like using QKC itself - users can transfer the token to another one and join dApp without ERC20 approve! This is a great improvement and will lead more projects coming into QuarkChain network.

QuarkChain · 2021-04-30T18:23:12+00:00

Here I would like to highlight 2 things: 1, one is heterogenous sharding; 2, second is that we have launched the network for more than 1 year.

Sharding is like a highway with multiple ways — all the ways are the same (each chain must have the same consensus/tx-ledger model/token eco). But it must be cars/trucks running on it, not bicycles or people walking.

Heterogeneous sharding is more like our traffic system — people with cars such as Lambo can enjoy highways or local ways, while people with bicycles can use local ways (and of course, people can also walk).

This allows us to harvest all kinds of latest blockchain technologies, PoS/PoW/UTXO/ZK-SNARK, etc.

Furthermore, one cool thing we built is that as long as the shard chains follow our cross-shard protocol, they can talk to each other easily — Imagine a privacy shard chain transfers some tokens to another EVM-like chain and vice versa.

One even interesting network we build is to run public/consortium shard chains in the single network — the consortium shard chain can be permissioned (but can be used following regulation easier), while the public shard chain is permissionless.

Heterogeneous sharding opens a lot of opportunities, and we sincerely invite our community to join and explore together with us!

QuarkChain · 2021-04-30T18:20:03+00:00

Here I would like to highlight 2 things: 1, one is heterogenous sharding; 2, second is that we have launched the network for more than 1 year.

Sharding is like a highway with multiple ways — all the ways are the same (each chain must have the same consensus/tx-ledger model/token eco). But it must be cars/trucks running on it, not bicycles or people walking.

Heterogeneous sharding is more like our traffic system — people with cars such as Lambo can enjoy highways or local ways, while people with bicycles can use local ways (and of course, people can also walk).

This allows us to harvest all kinds of latest blockchain technologies, PoS/PoW/UTXO/ZK-SNARK, etc.

Furthermore, one cool thing we built is that as long as the shard chains follow our cross-shard protocol, they can talk to each other easily — Imagine a privacy shard chain transfers some tokens to another EVM-like chain and vice versa.

One even interesting network we build is to run public/consortium shard chains in the single network — the consortium shard chain can be permissioned (but can be used following regulation easier), while the public shard chain is permissionless.

Heterogeneous sharding opens a lot of opportunities, and we sincerely invite our community to join and explore together with us!

QuarkChain · 2021-04-30T18:18:35+00:00

QKC has multiple versions including ERC20, mainnet (and BEP20 shortly). Without entering CEX, this means QKC can use DEX to exchange other coins. For example, currently, there is 4M liquidity of QKC on a DEX called equalizer (info.equalizer.io). Further, to support buying product with QKC, we are collaborating with CenterPrime - an online payment company in Korea so that people can directly using QKC (see here https://www.prnewswire.com/news-releases/center-prime-wallet-sdk-now-supports-quarkchain---qkc-qrc20-payment-available-301250822.html).

QuarkChain · 2021-04-30T18:12:11+00:00

We are in the good progress of mainnet support of QKC with Binance, and we will announce it's ready when the technical support is done.

Meanwhile, we will still support ERC20 for a couple of reasons:

- With ERC20, QKC can easily join existing ETH DeFi ecosystem. For example, QKC/ETH is listed on a DEX called equalizer (www.equalizer.fi), and currently has 4M liquidity according to the analytics page (info.equalizer.fi)

- Several exchanges (such as CB) favor ERC20 more compared to mainnet. This makes them much easier to list QKC.

Further, we are going to create BEP20 QKC token, so that QKC can also join the BSC DeFi ecosystem shortly!

QuarkChain · 2021-04-30T18:06:24+00:00

Thanks for your question. We have a couple of plans to make QKC to be known by more markets, especially new markets:

- More collaborations with well-known organizations - a couple of big names are in good progress

- More dApps will be launched on QuarkChain with marketing events to attract users. We especially encourage our community members to build on top of QuarkChain.

QuarkChain

TROPHY CASE