What is Quarkchain?
Quarkchain is first ever public chain network which introduced state sharding into blockchain technology, as sharding means cutting down data in big data base into to smaller parts. With experience team in developing large scale distributed system wanted create network who can handle million of transaction per second. network build to provide higher flexibility, in which in one network it supports number of virtual machines, ledger forms, consensus algorithms and different native token.
Currently Quarchain is delivers more than 15k TPS as per report of early testnet and aims to peak 1 million on chain TPS in future. it has followed different two-layer structure to improve mining, where user have freedom to not joining mining pool so individual miners can find easy way in mining. So, providing better user usability by enabling scalable cross-shard transactions, and by allowing access for all shard in one account with simple account management.
Quarkchain Price Prediction
In last 7 days, QKC was hiked by 80% and able to settle 90% growth in last month. to outshine in market Quarkchain need to show big growth to have bull run in market. the ROI dropped to a negative figures, so this concern is Quarkchain is very closed to reach its ICO price level. the minimal price for 2020 year is $0.0055 and potential by record and price chart it could reach $0.0080 USD till December 2020. As still many top predictors not strongly recommend this project, just because they don’t have the potential to put everyone notice, as somehow, they manage to get small spike in chart but in future, again prices dropping with huge percentage. in the current market ranking really matters, as Quarkchain was never able to enter into the top 100 biggest crypto list by market cap value.
Quarkchain Price Prediction 2020
|Month & Year||Price Prediction in USD|
|August 2020||$0.0070 USD|
|September 2020||$0.0064 USD|
|October 2020||$0.0068 USD|
|November 2020||$0.0083 USD|
|December 2020||$0.0098 USD|
Most expected prediction 2030 will be hitting $1 USD mark. initiallly during launching project manages to get 50 investors, but after that they hardly getting new investors, as they also failed to established new partnership. In 2020 things are changed as many cryptocurrencies not only focusing on scalability, as this problem not trends at all, as having product to engaging transaction and also staking should be a great addition in the Quarkchain network.
Future Forecast 2021 to 2025
|Quarter & Year||Price Prediction USD|
|Q1 2021||$0.0067 USD|
|Q2 2021||$0.0082 USD|
|Q3 2021||$0.01043 USD|
|Q4 2021||$0.0131 USD|
|Q1 2025||$0.0122 USD|
|Q2 2025||$0.302 USD|
|Q3 2025||$0.496 USD|
|Q4 2025||$0.576 USD|
|Q1 2030||$2.3 USD|
|Q2 2030||$2.52 USD|
|Q3 2030||$2.43 USD|
|Q4 2030||$2.23 USD|
Quarchain Fundamental Analysis
|Total Supply||5,526,747,032 QKC|
|Based on||State sharding|
|ICO Ended on||3rd June 2018|
|All-time Best||$0.341594 USD|
|Trading Exchange Platform||Upbit, Bithumb, Binance, Bilaxy, Bitrue, Exrates, Gate.io, Kucoin, MXC, WazirX, CoinDCX, DragonEX, Bitbns, HitBTC, IDEX, Kyber Network, LATOKEN, Lukki Exchange, coinbene|
|Wallet||QuarkChain singularity Wallet, Lumi wallet, Ledger, Trust Wallet.|
Quarkchain ICO Overview
Project has got average response in ICO in which project was raised by $20 million USD. during ICO i.e. before launching mainnet network Quarkchain was using ERC-20 Token, as this token most popular platform for ICO distribution. Adding further in ICO launching they project already backed by 50 investors including 8 Decimal capital, bixin capital, genesis, Fenbushi Digital, Bitrise capital, direction capital, alpha chain, Consensuslab, continue Capital and other. In the ICO 20% token supply available for sale with reach token cost $0.019 USD, as more than 10 country is not restricted in token sales including china, Canada and USA, as this was very bold decision by Team. 40% of supply was distributed for mining, bounty program and community reward.
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It provides very unique and advanced mining technology even using proof of work mechanism, as with the help of unique framework, all hash power is distributed in same amount in the all shards and this stable mining will help to increase number of transactions. As validation are applied on token mining to eliminate attacks from hackers.
QKC is utility token use to exchange between user on the network, as the main goal to launch this token is to focus on financial and gaming tech industry as it plays important role of transaction medium in Exchange.
Can Quarkchain Reach $1?
may be in 2030.
Is Quarkchain a good investment?
no, there many better option available in crypto market.
The Project claim to replace Ethereum Blockchain to become next generation blockchain. In the achievement list Quarkchain wanted deliver 1 million transaction per second without any loss of security and privacy i.e. Decentralization. So, Sharding recently brought by Ethereum Blockchain, as it takes more month to complete that upgradation, however this project already adapted that change and begin to solve many different problem. the project already having ex-employees google and other tech giant company and with Blockchain they expected to do something big.