QuarkChain

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Parity Technologies

by Parity Technologies

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Mainframe

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QuarkChain

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Parity Technologies

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Mainframe

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What problem does this service solve?

QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.Mainframe's decentralized communication protocol aims to make it easier to create DApps that prioritize privacy.

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Company Description

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

Mainframe is creating a blockchain development platform for decentralized applications. Their marketing materials place a strong emphasis on encryption, privacy, and interoperability. Onyx, a decentralized workplace messaging tool, is the first application to be built on the Mainframe network.
Mainframe is powered by the MFT token.

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