QuarkChain High capacity peer-to-peer transfers

QuarkChain focuses on high throughput transactions and Turing complete smart contracts by combining a two-layer blockchain and sharding technology on top of the Ethereum Virtual Machine.

Background

QuarkChain aims to build a high throughput blockchain targeting 10,000 transactions per second. To accomplish this the team is building a multi-layer blockchain that leverages sharding. It runs using the Ethereum Virtual Machine and like Ethereum targets general purpose smart contract applications. Currently, the project uses a placeholder ERC-20 token and will complete a token swap during a planned mainnet launch in late 2019.