Litepaper
QuarryChain Litepaper
Architecture, consensus, economics, and the case for QuarryChain — distilled into a single read.
QuarryChain in one paragraph
QuarryChain is an L1 blockchain built for high throughput, sub-second finality, and near-zero per-transaction cost. It runs a 3-layer protocol stack with a Delegated Proof of Stake consensus, an EVM-compatible virtual machine for Solidity contracts, and a native token model designed for both fungible value transfer and real-world asset tokenization at scale.
The thesis is simple: most production blockchains force a tradeoff between speed, cost, and developer ergonomics. QuarryChain is engineered to refuse that tradeoff. The QVM runs existing Solidity contracts unmodified. The bandwidth model gives every account 5,000 free daily transactions. The DPoS validator set is elected by token holders every six hours. The whole network is designed to feel free at the point of use, while remaining cryptographically and economically sound underneath.
100,000
TPS
3s
finality
27
validators
EVM
compatible
A 3-layer protocol stack
QuarryChain is structured as three layers stacked on top of each other: Storage at the bottom, Core in the middle, Application at the top. Each layer has a single, focused job, and they talk to each other through a protocol built on Google Protocol Buffers — meaning every API is language-neutral, version-tolerant, and 3 to 10 times smaller on the wire than the JSON or XML alternatives.
Application Layer
Where developers live. DApps, wallets, custom interfaces, and the QuarryChain Solidity smart contracts that drive on-chain behavior. Anything you build sits here.
Core Layer
The protocol heart: stack-based virtual machine, account management, smart contract execution, and DPoS consensus. This is the layer that turns transactions into agreed-upon state.
Storage Layer
Two engines working together: LevelDB for the canonical chain, and KhaosDB — an in-memory store that holds forked chains so witnesses can switch to a new main chain without crashing or losing state.
The protocol exposes both a Protobuf API for language-native clients (C++, Java, C#, Python, Ruby, Go, Objective-C, and more) and a RESTful HTTP API for everything else. Same interface, two transports — pick whichever fits the tooling you already use.
Delegated Proof of Stake
Proof of Work spends real-world energy to secure the chain. Standard Proof of Stake replaces that energy bill with a hoarding incentive — the more tokens you hold, the more influence you get, which tends to concentrate validation in a small number of large bagholders. QuarryChain runs Delegated Proof of Stake, which keeps the energy efficiency of PoS but takes the validator selection out of pure stake-weight and puts it in the hands of the community.
Election
Through time-based voting, QRY holders who freeze their tokens vote for Quarry Miner candidates. The top 27 by vote weight earn the right to produce blocks for the next round. 1 frozen QRY = 1 Quarry Power.
Block Production
The 27 Quarry Miners produce one block every 3 seconds in round-robin fashion. A transaction is fully confirmed after ~19 blocks, or roughly 1 minute.
Becoming a candidate isn't free. The protocol burns 9,999 QRC from an applicant's account when they enter the Quarry Miner race — enough to make sybil candidates economically painful, low enough that a serious team can self-fund a campaign. Candidate ranks 28 through 127 also earn vote rewards, so the long tail has skin in the game even without producing blocks.
TaPoS — Transaction as Proof of Stake
Every QuarryChain transaction includes a fragment of a recent block header hash. This forces every transaction to commit to a specific version of history — making it impossible to replay a transaction on a forked chain that doesn't include the referenced block. The same mechanism doubles as the network's defense against denial of service, 51% attacks, selfish mining, and double-spend attacks. It costs nothing extra and runs invisibly under every transaction the network processes.
Three node types
Witness Node
Run by elected Quarry Miners. Produces blocks and creates governance proposals.
Full Node
Exposes APIs and broadcasts transactions and blocks to the network.
Solidity Node
Syncs from Full Nodes and provides indexable APIs for downstream apps.
The QuarryChain Virtual Machine
The QuarryChain Virtual Machine is a lightweight, Turing-complete VM forked from the Ethereum Virtual Machine. It tracks Solidity ^0.4.24 and is approximately 100% compatible with EVM bytecode. If a contract deploys to Ethereum, it deploys to QuarryChain — same source, same ABI, same wallet integrations.
The compiler reads Solidity and emits bytecode. The QVM executes that bytecode through opcodes against a stack-based finite state machine, then accesses on-chain data through an interoperation layer. Standard EVM mental model, faster execution, and a different fee model underneath (covered in the next section).
Lightweight
Architected to keep resource consumption predictable and small. Validators can run on commodity hardware without performance cliffs.
Robust
Each computational step has a fixed bandwidth cost, so consumption is deterministic and the VM can't be DoS'd by pathological contract code.
EVM-Compatible
QVM forked from EVM and tracks Solidity ^0.4.24 syntax. Existing Ethereum contracts run unmodified, and tooling like web3.js, ethers, and MetaMask connect natively.
Low Cost
Energy model replaces gas. Most transactions cost zero QRC at the user level — fees come out of the bandwidth budget every account gets for free.
Bandwidth, energy, and the cost of using QuarryChain
Most blockchains charge a per-transaction fee. QuarryChain doesn't. Every account on the network gets 5,000 free bandwidth points every day, refilled automatically. Standard transactions and token transfers are paid out of that bandwidth budget — not out of the sender's QRC balance. The user experience is closer to using a free internet service than paying gas.
How bandwidth points work
The cost of a transaction is its byte length × the network's bandwidth rate. A 200-byte transfer consumes 200 bandwidth points. Run out of free daily bandwidth? You can freeze QRC to earn more — frozen tokens stay yours, you just opt out of moving them in exchange for capacity.
Energy is separate from bandwidth
Smart contracts use a second resource called Energy. Where the EVM meters every contract operation in gas paid out of the sender's balance, QuarryChain accounts gain Energy by freezing QRC — and the amount of Energy you get scales with your share of total frozen supply. Energy is purely computational, separate from the bandwidth cost of broadcasting the transaction. State-changing functions consume Energy. Read-only calls don't.
The few things that do cost QRC
A small set of network operations have fixed fees, paid in QRC, that exist to discourage spam and fund the network:
The combination — free bandwidth for normal use, frozen-stake Energy for smart contracts, and fixed fees only on network-altering operations — is what lets QuarryChain claim 100,000 TPS without forcing every user to think about gas. The network earns from deployment fees and a 0.25% transaction-level revenue share, not from nickel-and-diming individual transfers.
Native token standards
QuarryChain ships two production token standards today, with two more on the roadmap. The split between protocol-level (QRC-10) and contract-level (QRC-20) is intentional — most projects don't need a custom contract for a simple payment token, and protocol-level tokens are dramatically cheaper to transfer.
Live today
QRC-10
System tokens
Issued at the protocol level for 3 QRC. Accessible via API and smart contracts. Transfer fees are roughly 1,000× cheaper than QRC-20. Best for high-volume payment tokens, in-game currencies, and anything that doesn't need custom contract logic.
QRC-20
Smart contract tokens
ERC-20 compatible. Implemented inside Solidity contracts with the standard interface (totalSupply, balanceOf, transfer, approve, transferFrom). Customizable, but only accessible from inside the QVM. The right choice for governance tokens, rebasing tokens, and anything with on-chain logic.
On the roadmap
QuarryChain Solidity tracks the same versioning as Ethereum's, so any token standard that compiles on EVM can be ported with minimal work. The two standards prioritized for native support are:
QRC-1400
Security tokens
For tokenized securities — KYC-gated transfers, partition support, and forced redemption by an authorized controller.
QRC-721
Non-fungible tokens
ERC-721 equivalent for unique on-chain assets. Tokenized art, fractionalized real estate, collectibles.
Real-world asset tokenization
QuarryChain wasn't designed only for digital-native assets. The protocol's most distinctive bet is on tokenizing real-world assets — taking value that already exists in the physical or legal world and giving it a programmable, transferable on-chain representation. Anything from a kilogram of gold to a building to a film royalty becomes a token you can trade, fractionalize, or use as collateral.
What can be tokenized
Practically anything with provable ownership and a stable enough valuation to settle on. The categories the protocol is explicitly engineered around:
Collectibles & Unique Objects
Fine art, virtual collectibles, automobiles, medical devices
Precious Metals
Gold, silver, platinum
Consumables
Food & beverages, pharmaceuticals, coffee
Financial Instruments
Real estate, certificates, fixed income
Intangible Assets
IP, copyrights, royalties, trademarks, patents, licenses
How tokenization works on QuarryChain
From the developer side, every tokenization project follows the same four-step process. The order matters — once a contract ships, it can't be unshipped.
Select the model
Pick the right token standard for the asset. QRC-20 for fungible (a kilo of gold is a kilo of gold). QRC-1400 for regulated securities. QRC-721 for unique, indivisible items like a single artwork or a specific property.
Model the asset
Decide what lives on-chain and what stays off-chain. Legal constraints, level of trust required, business process, scalability requirements. Real estate needs different on-chain data than a coffee shipment.
Audit the code
Once deployed, the contract is immutable. Run automated security audits — either through QuarryChain's standardized templates or a third party like CERTIK — before anything goes live.
Deploy
Publish the contract to QuarryChain — public or permissioned, depending on the use case. Tokens issue automatically (or manually, if the design calls for it) and start trading on-chain.
Why bother
Fractionalization
High-barrier assets like real estate become accessible to smaller investors.
Customizability
Build portfolios down to the individual asset level instead of buying a sector index.
Liquidity
Wider investor pool plus secondary markets unlocks capital that was previously stuck.
Automation
Smart contracts handle compliance, document verification, escrow, and dividend payouts automatically.
Cost Efficiency
Removes brokers, custodians, and clearinghouses from the chain of intermediaries.
Faster Settlement
DPoS finality settles trades in seconds — versus T+2 or T+3 in traditional markets.
Transparency
Every transfer, every dividend, every piece of metadata is visible and auditable on-chain.
Structured Products
Once the underlying is tokenized, baskets and derivatives become a few lines of Solidity.
Quarry Mining and the Committee
QuarryChain's governance has two layers. The first elects the validator set and pays them. The second lets that validator set vote on the protocol's own dynamic parameters — block rewards, transaction fees, and other knobs — without requiring a hard fork.
Layer 1 — Quarry Mining
Anyone can become a Quarry Miner candidate. Applying burns 9,999 QRC from the candidate's account, which prevents trivial sybil spam. Every QRY holder can vote, weighted by frozen tokens — 1 frozen QRY equals 1 Quarry Power, and votes are recounted on a time-based cadence. The top 27 by vote weight become active producers for the next round.
Rewards are split into two streams, both denominated in QRC:
Block Reward
230 QRC / round
336,700 QRC / year
Split across the 27 active Quarry Miners each voting round, less any blocks they missed. Compensates the cost of running validator infrastructure.
Vote Reward
230 QRC / round
336,700 QRC / year
Distributed across the top 127 candidates — including the 100 ranks below the active set — proportional to vote share. Rank 28 through 127 still earn for showing up.
Block production rewards land in a sub-account that the QM controls but can't spend directly. A withdrawal can be made once every 24 hours — small friction that prevents validators from leaking rewards to compromised wallets in real time.
Layer 2 — The Committee
The 27 active Quarry Miners collectively make up the Committee. Only Committee members can propose changes to dynamic network parameters (block rewards, transaction fees, energy multipliers). Once a proposal is created, it's active for 3 days.
19 of 27 to pass
A proposal needs at least 19 yes voteswithin the 3-day window to be approved. Members who don't vote count as a no. Passing proposals are applied at the next maintenance period (3 days later). The proposer can cancel at any time before the proposal becomes effective.
The two-layer split matters. Stakers control who validates, but validators — accountable to those same stakers because they can be voted out at the next voting round — control the dials that tune the protocol. Neither layer can capture the other without losing its position.
Quarry (QRY)
QRY is the native token of the QuarryChain network. It pays for bandwidth, drives validator elections, and is the unit of account for smart contract deployment. The supply is fixed at 200 million tokens, and every allocation is on a public, contractually-enforced vesting schedule.
200M
QRY Total
Total Supply
200,000,000 QRY
Seed Price
$0.25
Symbol
QRY
Decimals
18
Every slice, accounted for
Five categories cover the entire 200M supply. No tokens are unallocated, none are reserved for the foundation outside of the ecosystem grant pool, and the team allocation is the strictest-locked of the five.
Public Sale
50% · 100,000,000 QRYAllocated for the public ICO at $0.50 per QRY. Funds DEX liquidity and exchange listings at TGE. 25% liquid at TGE, remainder released linearly over 6 months to preserve the price floor without creating a single sellable cliff.
Staking & Farming
20% · 40,000,000 QRYBlock rewards for Quarry Miners and staking rewards for QRY holders. Emitted over 4 years on a decreasing schedule — not an investor vesting tranche.
Team
20% · 40,000,000 QRYReserved for founders and core team. Fully locked for 12 months, then 25% released annually over 4 years — aligns team incentives with long-term network health.
Angel Investors
10% · 20,000,000 QRYThe Seed round — earliest-stage backers who bought at $0.25 (50% discount to public). Matches the investment terms on deck slide 15.
Vesting timeline
Tokens unlock gradually over 48 months. Team tokens are completely locked for the first 12 months, then vest linearly over the next 24. No allocation reaches full circulation before month 24, and the public sale tranche is the only one with significant TGE liquidity.
Cumulative supply over time
Stacked across all five allocations, this is what circulating supply actually looks like month-by-month. The curve flattens as private and team allocations finish vesting, leaving long-tail emission from the staking pool.
Tools, networks, and applications
The protocol on its own is just rails. What makes a chain useful is what people build on top of it. QuarryChain ships with a first-party ecosystem of user-facing apps, plus a developer toolchain designed to get a Solidity engineer from git clone to a deployed contract on testnet in under an afternoon.
Core applications
QuarryWallet
Non-custodial wallet for QRY and QRC-10/20 tokens. Manages keys, signs transactions, and votes for Quarry Miners.
QuarrySwap
Native AMM-based DEX. Liquidity pools, yield farming, and stacked yields from protocol fees, LP rewards, and lending interest.
QuarryScan
Block explorer for the network. Indexes every transaction, smart contract, account, and on-chain stat.
QVM
The Solidity-compatible execution environment. Where every smart contract on the network actually runs.
Developer toolchain
QuarryStudio
Integrated development environment with a built-in private testnet. Compile, deploy, and debug Solidity contracts before they hit testnet or mainnet.
QuarryBox
A test framework for smart contracts. Wraps the QuarryWeb API to make integration tests fast and deterministic.
QuarryGrid
Load-balanced, hosted node clusters running on AWS worldwide. Lets DApps connect to the network without operating their own infrastructure.
QuarryWeb
JavaScript library wrapping the protocol's 60+ HTTP APIs. The fastest path from a frontend to on-chain data.
Two networks, one toolchain
QuarryChain ships with a public testnet and a production mainnet. Every dev tool can target either one with a config flag — local privatenet for unit tests, testnet for integration, mainnet for production. Same code, three environments, no rewrites.
The path forward
Four phases. Each phase has a single goal and a fixed list of deliverables. We're currently mid-Phase 2.
Foundation & Network Launch
- •QuarryChain Seed Round
- •QuarryChain Testnet Development & Launch
- •Core Team Expansion
Ecosystem Infrastructure & Private Sale
- •Development of QVM (Quarry Virtual Machine)
- •QRC-20 Development & Testing
- •Development of QuarrySwap & QuarryWallet
- •Development of No-Code API
Network Maturation & Public Entry
- •QuarryChain Mainnet Development
- •QuarryChain DPoS Network Launch
- •Quarry (QRY) Public Sale (ICO)
- •First Delegate Voting Round
- •QRC-20 & QuarryWallet Desktop Launch
- •Development of QuarryWallet Mobile App
Global Ecosystem & Marketplace
- •QuarrySwap's Real-World Marketplace
- •QuarryWallet Mobile App Launch
- •Ecosystem Expansion (DApps)
- •No-Code API Global Rollout
Built by builders
QuarryChain is built by a small, focused team across engineering, design, and operations. The protocol's ambition is large, but the decision-making surface is intentionally small.
Alec Arrambide
Founder & CEO
Tanner Hanks
COO
Gabby Parsons
CMO
David Aneo
Lead Web Developer / Graphic Designer
Toyama Haruo
Senior Full Stack Developer
John Wachi
Full Stack Developer
Start building on QuarryChain
QuarryChain isn't a thought experiment. The protocol is live on testnet, the QVM runs Solidity contracts unmodified, and the ecosystem has working wallets, an explorer, and a DEX. Mainnet, listings, and the first delegate elections are next.
If you build smart contracts, deploy one to our testnet and see what running with free bandwidth and 3-second blocks feels like. If you run a project that needs cheap, fast settlement, talk to us about what migration looks like. If you want to validate the network when mainnet goes live, the candidate process is documented and open.