QuarkChain price
Current price
$0.001924
−2.43% 24h
Live Updated just now
Today QuarkChain falls 2.4%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour −1.03%
- 24 hours −2.43%
- 7 days −10.93%
- 30 days −19.45%
- 1 year −57.76%
QuarkChain's move in context
Lagging the market today
−2.43% in 24 hours against −1.77% for the market as a whole, a gap of 0.7 points. Small gaps like this are common, so they don't point to anything specific.
- We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$240.54K traded in the last 24 hours on the exchanges we read, close to its usual day.
- The price of each exchange's last trade, read in the past few minutes, in US dollars or dollar stablecoins; markets with little trading are left out. Gaps under 1% are everyday: fees and the gap between buying and selling prices take up most of them.
QuarkChain's last prices on 3 exchanges we read are within 0.26% of each other, so the price above isn't one exchange's quirk.
Part of a slide
−10.9% over 7 days and −19.5% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade QuarkChain
Prices agree within 0.26% across these 3 exchanges.
- Binance Most traded QKC/USDT $133.44K 24h volume Last price $0.001924 0.00% vs our price
- MEXC QKC/USDT $86.67K 24h volume Last price $0.00192 −0.21% vs our price
- Gate.io QKC/USDT $20.42K 24h volume Last price $0.001919 −0.26% vs our price
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About QuarkChain
Overview
QuarkChain is a high-throughput blockchain architecture designed to address the challenges of scalability and performance in the evolving cryptocurrency landscape. The core mission of QuarkChain is to provide a secure and accessible platform that can enable thousands of transactions per second, making it suitable for various applications including decentralized finance (DeFi), gaming, and more. One of QuarkChain’s distinguishing features is its two-layer structure, which consists of a main chain and multiple shard chains. This innovative architecture allows for parallel processing of transactions, thereby significantly increasing overall network efficiency and throughput.
Technical Features
QuarkChain employs a unique consensus mechanism known as "Proof of Work and Proof of Stake Hybrid" to ensure the security and integrity of transactions across its network. This hybrid model balances the energy efficiency of proof of stake with the robust security of proof of work. In terms of network architecture, QuarkChain’s sharding technology divides the blockchain into smaller, manageable pieces, or shards, each capable of processing transactions independently. This not only enhances transaction speed but also reduces the load on any single node. Additionally, QuarkChain utilizes a unique algorithm called "Dynamic Sharding," which enables the network to adaptively manage its shards based on traffic demand and transaction volume, enhancing flexibility and performance.
Use Cases
QuarkChain has a diverse range of use cases that highlight its versatility and capability as a blockchain platform. In the realm of decentralized finance (DeFi), QuarkChain can facilitate instant and low-cost transactions, enabling various financial applications such as lending, borrowing, and stablecoin issuance. Through its support for smart contracts, developers can create and deploy decentralized applications (DApps), making it attractive for developers looking to innovate in the blockchain space. QuarkChain also aims to support non-fungible tokens (NFTs), allowing for the creation and trading of unique digital assets. Additionally, it can serve as a solution for cross-border payments, providing a secure and efficient way to transfer value across different jurisdictions.
Development Background
Launched in 2018 and founded by a team of experienced blockchain professionals, QuarkChain has garnered significant attention within the blockchain community. The whitepaper was released detailing its visionary approach to addressing blockchain scalability challenges. Among its notable contributors is a team with extensive backgrounds in both the technology and finance sectors. Since its inception, QuarkChain has experienced several major milestones, including the successful launch of its mainnet and various partnerships aimed at enhancing its technology and expanding its ecosystem.
Community and Ecosystem
The QuarkChain ecosystem boasts a vibrant community of developers, supporters, and users. Various partnerships with companies in the blockchain space have helped enhance its technological offerings and broaden its market reach. Furthermore, QuarkChain's commitment to supporting developers has led to the creation of numerous applications and projects built on its platform. Regular hackathons and community engagement events encourage participation and innovation, fostering a collaborative atmosphere for growth within the ecosystem.
Future Potential
The future potential of QuarkChain is promising, given its cutting-edge technology and adaptable architecture. The platform is well-positioned to capitalize on the rising demand for scalable blockchain solutions, especially in the growing DeFi market. Upcoming features on its roadmap include enhancements to its smart contract capabilities, increased interoperability with other blockchains, and ongoing improvements to its sharding mechanism. As the global adoption of blockchain technology increases, QuarkChain’s role as a high-throughput network could become increasingly significant, paving the way for broader applications and integration into various sectors.
QuarkChain market
- Position by market cap among the coins we track whose circulating supply is checked.
- #330
- Position by market cap among the coins we track whose circulating supply is checked.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $14.29M
- Price × coins in circulation. It measures a coin's size, not its quality.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $240.54K
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $0.001893 High $0.001998
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $0.3388
- Now 1% of it Reached 5 Jun 2018 · Needs +17,507% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- 7.43B QKC
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 10B QKC
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
QuarkChain converter
1 QuarkChain = $0.001924