Coindar QuarkChain will participate in The Verified Dubai 2024 conference on April 17th, 2024. The event, co-hosted by NEAR and Paramita VC and with Binance as a special partner, aims to address scalability issues in current blockchain systems by employing a two-tiered structure and supporting cross-shard transactions.
QuarkChain to Showcase Scalable Blockchain Technology at The Verified Dubai 2024
Dubai, United Arab Emirates - March 14, 2023 - QuarkChain, an emerging blockchain platform, has announced its participation in The Verified Dubai 2024 conference, a prestigious gathering of technology leaders and industry experts. The event, scheduled for April 17th in Dubai, is organized by 0x499 and co-hosted by NEAR, Paramita VC, with Binance as a special partner.
QuarkChain is poised to showcase its groundbreaking blockchain technology at The Verified Dubai 2024. Built to address the scalability challenges of existing blockchain systems, QuarkChain employs a unique two-tiered structure. The first layer consists of a network of independent blockchains, known as shards, which process transactions in parallel. The second layer, the root chain, confirms the blocks from these shards, ensuring data integrity and security.
This innovative architecture enables QuarkChain to achieve exceptional throughput, processing thousands of transactions per second. The platform's cross-shard transaction capabilities allow for seamless transfer of assets and data between different shards, further enhancing its scalability.
QuarkChain's native token, QKC, plays a pivotal role in the ecosystem. It serves as a governance token, allowing holders to vote on proposals that shape the platform's future. QKC is also utilized for transaction fees and participation in the QuarkChain ecosystem, incentivizing network participants to contribute to the platform's growth.
Speaking ahead of the event, Dr. Qi Zhou, Co-founder and CEO of QuarkChain, stated, "We are thrilled to participate in The Verified Dubai 2024 and showcase our next-generation blockchain technology to the global stage. QuarkChain's scalability and efficiency address critical industry pain points, making it an ideal solution for a wide range of applications. We look forward to engaging with industry leaders, investors, and developers at this prestigious event."
The Verified Dubai 2024 conference serves as a platform for industry experts to discuss the latest trends and innovations in blockchain technology. QuarkChain's participation highlights its position as a thought leader in the blockchain ecosystem and demonstrates its commitment to shaping the future of decentralized technology.
