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      "body": "Hey everybody. I’d little to give you all a little heads up about an exciting new blockchain called QuarkChain.\n\nIn my opinion it is THE most exciting blockchain project of 2018. Its a very promising blockchain which utilizes sharding to provide a high-capacity peer-to-peer transactional system and has been recieving a lot of interest from websites such as Ico Drops as well as youtubers such as Ian Balina\n\nHere are some of the amazing features of QuarkChain:\n\n50% or more of the hashpower will be dedicated to the root layer to prevent any double spending attacks. No lower limit as to the number of nodes required for a shard. Supports GPU mining. Support cross shard transactions. The more nodes there are, the higher the scalability.\n\nThe architecture of the project incorporates all the innovations available in the market of decentralized solutions. The project also has a high level of security. QuarkChain architecture allows to easily scale the system to achieve throughput of 1,000 TPS.\n\nQuarkChain Principles:\n\nflexible scalability with decentralization and security guarantees the ability to conduct transactions across shards (cross-sharding) easy account management open standard and source code motivating ecosystem\n\nTo further increase adoption and ease of use, QuarkChain will provide support for and integrate the Ethereum Virtual Machine for smart contracts, as it is the most commonly use execution engine. This will allow dApps built on the EVM to have the ability to be deployed directly on the QuarkChain Platform.\n\nCurrently, all blockchains solve two main tasks. First, it is a ledger that checks the status of the blockchain, carries out transactions, and records the result. The second task is to confirm transactions, which is solved by mining. It is thanks to mining attack on the network is economically unprofitable. Quark chain went its own way and divided these functions into two layers, while increasing both scalability and security. The system has one layer of separating blockchain, which contains a list of all the main shards. Each shard handles transactions independently. Due to this, with the increase in the number of shards increases and the power of the entire system. There is also a root blockchain, which deals only with the fact that confirms the blocks of other shards, but does not perform any transactions. At the same time, to prevent hackers from attacking the root layer, 50% of the power of the entire system is allocated for its mining.\n\nHash power is distributed evenly between shards. Since the share of the root blockchain is 50% of the capacity, the miner needs to have at least 25% of the capacity to carry out a double spend. The system can also adjust the hash distribution of capacities and transfer up to 100% of capacity to any of the chains. Each Quark blockchain has different mining complexity and different rewards for work. This creates an open economic model, where miners can choose any of the available blockchains in the system.\n\nIn QuarkChain validation node and the root of the blockchain and all shards are called super-full Node. The developers have provided a case where large players can take control of a large number of network capacity. The possibility of creating clusters of separate small nodes was implemented. Each node in the cluster validates a specific subset of the networks. Once all these checks cover all blockchain, the validation process is complete. If one part of the cluster fails, its other constituent elements are in force to complete the validation process without a lost node.\n\nQuark Network has as inside shards as cross shard transaction. Transactions inside shard are quite simple, as shard already has all the necessary information from the register. In the traditional blockchain to implement cross-shard is quite problematic due to the complexity of synchronization of two shards in Quark this option is implemented through the first class function. Accordingly, each user can initiate a cross-shard operation at any time, the transaction will be confirmed in a few minutes, and the network bandwidth is scaled along with the growth of shards.\n\nThe team already has a test version of mvp. At the moment, they are gaining 100 technically experienced testers alpha version. Soon it is planned to open Github.\n\nThe Quarkhain team has quite a few all-stars. Advisers very cool, excellent mix of businessmen and technicians. A big plus is the partnership with leading venture funds.\n\nThe token metric\n\nTicker QKC, ERC20. \nHard cap 20 000 000$ \nTotal Tokens: 10 000 000 000 \nPrivate Sale Is done. \nCrowdsale: late May or early June\n\nI hope this is of some interest to everybody - I am really excited about this one",
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      "permlink": "quarkchain-best-ico-of-2018",
      "title": "Quarkchain - Best ICO of 2018?",
      "body": "What is Quarkchain and what are they trying to do?\n\nQuarkChain is a decentralized, scalable & secure permission-less blockchain that aims to deliver a million on-chain Transactions Per Second (TPS)by applying sharding technology. QuarkChain has a two layer structure encouraging weak miners to mine directly to the source without joining mining pools. It’s aim is to encourage decentralisation by allowing multiple cheap nodes to form a cluster running as a supper full node. This is good as it will help the everyday crypto enthusiast to try running a node at a low cost.\n\nAll transactions on QuarkChain are protected by 50% hash power of the network, therefore things like a double spending attack will be much harder to perform due to the decentralised nature. QuarkChain supports cross-shard transactions and only one account is needed for all shards which is quite a cool feature. It’s a high capacity peer-to-peer transactional system, changing the world with this revolutionary blockchain technology.\n\nKey Technology Functions\n\n• Two-layered blockchains — QuarkChain consists of two layers of blockchains. They will use elastic sharding blockchains (shards) as the first layer, and a root blockchain that confirms the blocks from the shards as the second layer. This increases it’s safety & security.\n\n• Cross-shard Transactions — Cross-shard transactions can be issued at any time, and confirmed in minutes. The throughput of cross-shard transactions increases linearly as the number of shards increases.\n\n• Market Driven Collaborative Mining — They have designed a game theoretic framework for incentives, where hash powers are incentivized to distribute evenly among shards. There are at least 50% of overall hash power allocated to the root chain to prevent double spending attack as mentioned above.\n\n• Simple Account Management — There is only one account needed for all shards. All cryptocurrencies from different shards are stored in one smart wallet.\n\n• Horizontal Scalability — Because a super-full node can be extremely expensive when TPS goes high, they will allow multiple honest nodes forming a cluster running as a super-full node.\n\nTOKEN SALE: MAY — JUNE\n\n• Token: QKC • Token type: ERC20 • Hard Cap:$20,000,000 USD • Whitelist: YES • Know Your Customer (KYC): YES • Website: https://quarkchain.io/index.html • Whitepaper: https://quarkchain.io/quark.pdf\n\nBefore I start reading a Whitepaper, I always like to see if the three most important factors to a successful ICO are within investable range.\n\nThese variables can be summed up into three groups: 1st — Token economics & Product. 2nd — Team and Advisors. 3rd — Social media and general publicity.\n\nToken Economics:\n\nThere will be a total token supply of 10 Billion QKC, of which, 20% will be sold in the public and private sales, 15% will be reserved for the team (2 year lockup), 15% will be reserved for the foundation (2 year lockup), and 5% will be reserved for advisors (2 year lockup). The remaining 45% of the tokens will be generated through mining. In addition, during the public sale there will be a personal cap although exact numbers are yet to be released.\n\nOnce live the QKC token will act as a transaction currency (similar to Ethereum) where there will be a small fee for processing transactions. The QKC token will also act as a reward to community members who continually help contributing to the system, , this is a good incentive to be a part of their crypto family.\n\nTeam:\n\nThe team is made up of 10 very capable and highly experienced members. Lead by Qi Zhouthe fouder & CEO he is a former Google employee and is an expert in high-performance SYS. He was also the principle software engineer at Dell & also spent some time at Facebook, all highly respected companies in the technology/internet sector. Zhaoguang Wangwho is one of their Software Enginee is an expert in large scale distributed systems with 6 years work experience at Facebook, Instagram and Google. He also holds a Master in computer science from University of Michigan. Again, highly experienced and a great asset to the team.\n\nAdvisors:\n\nThe team is highly experienced as you’d expect for a project of this calibre:\n\nArun G. Phadke is a University Distinguished Professor emeritus in the Department of Electrical Engineering at Virginia Tech. He has written a series of well regarded books including:\n\n• Computer Relaying for Power Systems • Handbook of Electrical Engineering Calculations • Power System Relaying\n\nBill More is a distinguished Engineer at Sun Microsystems. He Co-led the ZFS team and served as Chief Engineer for Storage at Sun Microsystems and is President of DSSD / EMC Fellow. Leo Wang is a Crypto Fund Manager which we believe is the most relevant advisor. He’s invested in Over 50+ Project allover the world, including: Ontology, ArcBlock, SmartMesh, Elastos, Penta, MedicalChain, AppCoin to name a few. So, all in all a very good advisory board to have for QuarkChain.\n\nConclusion With an experienced team and an Alpha already boasting 2,000 TPS QuarkChain is likely to be one of the top ICOS of 2018. I would not be surprised to one day see this Blockchain in the top 25 if not top 10 if they continue to complete their roadmap.",
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      "body": "Serious post for once! \n\nHi guys!\n\nI have an extra NEX ICO spot/lottery registration that I am willing to sell!\nI was successful in the lottery and I have finished the KYC.\n\nBinance coin did 220x from June to January and has a 1,47 billion marketcap... and that is in a bear market...\nNEX is coming out at 25 million marketcap... Imagine the multipliers!\n\nIf you are interested leave a comment :)",
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