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#QKC A QuarkChain Network is an innovative permissionless blockchain architecture that aims to meet global business standards. It provides a secure, decentralized, and scalable blockchain solution capable of performing over 100,000 transactions per second (TPS) on-chain. The main features of the QuarkChain Network are:
Flexibility
QuarkChain is the only public blockchain that can support multiple consensus mechanisms, different transaction models (including virtual machines - VMs), ledger, and token economy all within a single network. The network easily adapts to innovations in blockchain by customizing consensus mechanisms, transaction models (including VM), ledger, and token economy in each shard to meet the different requirements of various industries/companies/DApps.
Currently, the network supports two consensus mechanisms, PoW and PoSW (a combination of PoS and PoW), and more consensus mechanisms (DPoS, PoS, among others) will be added to different shards in the future.
Additionally, QuarkChain is compatible with the EVM, making it easier to deploy DApps created on ETH. In the future, we will add more virtual machines (such as the EOS VM) across different shards, offering more options to developers.
Scalability
QuarkChain aims to offer over 100,000 TPS on-chain.
So far, a peak of over 55,000 TPS has already been reached in TPS competitions held by the community.
Decentralization
QuarkChain adopts a two-layer structure and encourages individual miners, with different levels of capacity, to mine directly, without the need to join mining pools. Miners can choose to mine on the root chain or on the shard.
Usability
QuarkChain supports native tokens, allowing each shard to have its own token economy. It also supports scalable cross-shard transactions. Only one account is needed to access all features across all shards, and smart wallets facilitate management.