QuarkChain 2022 Yearly Report

Product Development Update:

• Officially received a supporting grant from Ethereum Foundation on Data Availability Research.
• Proposed EIP-5027 (May 2022): aims to remove the contract code size limit of Ethereum. With EIP-5027, the developers can deploy a large contract without worrying about the current 24KB contract code size . The complete proposal can be viewed here: Link
• Implemented EIP-4488 proposed by Vitalik Buterin (Jun 2022). EIP-4488 is one of the most major upgrades for ETH besides the Merge. The main purpose of EIP-4488 is to reduce the cost of uploading off-chain data to on-chain to ~20% without introducing potential attacks on the network.
• Proposed to the ENS community to integrate a dynamic decentralized website (Jun 2022). The details: Link
• Proposed EIP-5478(CREATE3) (Aug 2022) which could dramatically reduce the gas cost of creating account abstraction contracts (e.g., EIP-4337) that have identical codes. The complete proposal can be viewed here: Link
• QuarkChain’s mainnet v1.6.0 was activated on April 11 to improve root chain security.

Ecosystem Update

New Partnerships:

QuarkChain partnered with a number of projects to better build QuarkChain’s ecosystem.

- Encentive: Encentive is the world’s first Fiat-DeFi integrated Web3 SAAS platform. Encentive will cooperate with QuarkChain in the deployment of Web3 applications including DeFi, NFT, GameFi, and more. (Link)

- WITH: WITH is a Blockchain-based sports data platform. QuarkChain will cooperate with Project WITH in the fields of NFT and DID. (Link)

- RocketX:RocketX Exchange partners with QuarkChain, supports QKC token and aims to support the “QuarkChain network” on RocketX exchange in the near future. (Link)

- Handy Labs: Handy Labs is a blockchain-based forecasting platform with 3.6M users. QuarkChain and Handy Labs will cooperate in blockchain technology, cross-marketing, and more through the partnership. (Link)

- VIW is an NFT verification technology provider. QuarkChain will work with VIW for NFT security and NFT authentication..

- SwapSpace: SwapSpace is a crypto exchange aggregator offering 17+ services for cross-chain swaps (Link)

New listings and more wallet supports QKC: Binance and more.

• Binance added QKC/BUSD trading pairs on Oct 28 (Link)
• QKC can now be purchased with major fiat currencies using credit and debit cards through Binance. (Link)
• QKC has been added to Binance Convert. You can now trade QKC against BTC, BUSD, USDT and any other tokens supported by Binance Convert at zero fees (Link)
• New listings: Bitget on Oct 17 (Link), ZT exchange on Oct 31(Link), BitKeep, SimpleHold.

QuarkChain x web3://, powered by EthStorage is available at https://w3link.io

You can now browse web content on QuarkChain using web3:// access protocol. Web3:// access protocol’s features are:

• Decentralized DNS — Whereas traditional DNS points browsers to central servers, decentralized domains point to a distributed registry. It provides censorship resistance, better privacy, and full ownership.
• On-Chain/L2 Storage — Web contents are stored in multiple computers (nodes) around the world, instead of centralized locations. It provides more security and lower cost.
• Dynamic Composition — Web Content can be accessed and composited by smart contracts. It opens many unexplored areas like on-chain dynamic website rendering, wearable NFTs, etc.

The testnet is live — Visit the faucet page to get testnet tokens to start building!

QuarkChain proposed setting up the QuarkChain Eco Fund to work together with partners and communities to build a robust ecosystem.

In order to promote innovation and the development of an on-chain ecosystem, QuarkChain foundation raised the proposal of inviting funds and partners to jointly set up the QuarkChain Eco Fund. This fund focuses on on-chain application investments in the fields of DeFi, NFT, GameFi, cross-chain bridge, metaverse, etc.

We always welcome everyone to join in the development of the QuarkChain ecosystem, and we are willing to provide financial and technical support to teams with unique ideas, even through market uncertainty. Feel free to contact us to jointly create the future of the QuarkChain ecosystem.

More details can be found here.

Marketing and Events Update:

• Qi Zhou gave a speech at Devcon Bogota titled “On the Future of Web3 — Paving the Way on End-to-End Fully Decentralized Web”
• Qi Zhou gave a speech at DAppLearning Open Source University to introduce PoS / Tendermint consensus, its application in blockchain systems and Polynomial Commitment (KZG) (Link)
• QuarkChain participated at the Polkadot Decoded Conference, OffChain Beijing, Korea Blockchain Week’s main conference Impact to communicate with the participants, and discussed the future development direction of Web3.
• QuarkChain CMO Anthurine participated in Dalifornia Web3 Conference and introduced the EIP-4804.
• Qi Zhou attended Ethereum EDCON and held an EDCON after party with Ethereum Foundation.
• Qi Zhou attended The Science of Blockchain Conference 2022 (SBC’22) and had a lunch meeting with Vitalik Buterin.
• Qi Zhou hosted a meetup named “Proof of Storage on Large Dynamic Datasets.”
• Qi Zhou gave a speech at ETC Builders Webinar to present how we could help the growing ETC community and secure the network with our Proof of Staked Work algorithms! (Link)
• Qi Zhou gave a speech, “On the Future of Web3” at UC Berkeley CESC (The Crypto Economics — Security Conference) which is a part of SF Blockchain Week.
• QuarkChain participated in Korea Blockchain Week 2022 (Link) and sponsored the Web3 Music Party and Women in Web3 meeting during KBW2022.
• Attended Ethereum EDCON and held an EDCON after-party to introduce data availability

Introduced Binance Referral program that users can invite friends and earn 10% commissions.

QuarkChain introduced Binance Referral program for users to experience a new way of earning crypto without trading by inviting your friends to join the Binance community.

For every new user successfully referred to Binance, the referrer will receive a commission on fees anytime the new referred user trades on Binance.

You can also give your friends a discount on trading fees when they sign up using this specific link. https://accounts.binance.com/en/register?ref=SJUXMZQG

Accolades

Qi Zhou, the founder of QuarkChain became a member of Forbes Technology Council

Qi Zhou became a member of the Forbes Technology Council — a platform to reach/educate more international audiences about Web3 technologies including Ethereum, data availability, sharding, web3:// access protocol, EthStorage.io, etc.

This is an invite-only organization and only respected tech leaders are selected for the council based on their deep knowledge and diverse experience in the industry.

Learn more: Link

QuarkChain and QKC were selected by several organizations as one of the top promising projects

• Top 5 Coins by Alt Rank: September 21st by G. Crypto
• QuarkChain was selected by GCrypto, an investment and research institution, as “Top 15 Promising Projects with Market Cap Under $100 million”. (Link)
• TOP-13 GAINERS by weekly social volume by Cryptoluxy (Link)
• QKC was listed as one of HotBit’s Top gainers on its Global Select list. (Link)
• QuarkChain was listed in the Top 10 ERC20 Blockchain Infrastructure by Market Cap.

For more information, please visit QuarkChain community below:

• Website: https://www.quarkchain.io
• Telegram: https://t.me/quarkchainio
• Discord: https://discord.me/quarkchain
• Twitter: https://twitter.com/Quark_Chain
• Medium: https://medium.com/quarkchain-official
• Reddit: https://www.reddit.com/r/quarkchainio/
• Developer Community: https://community.quarkchain.io/

QuarkChain 2022 Yearly Report was originally published in QuarkChain Official on Medium, where people are continuing the conversation by highlighting and responding to this story.