Quark
QRK

0.008798
8.02 %
Verandering 24 uur
Genesis
21/07/2013
Marktkapitalisatie
€ 2,298,115
Volume 24 uur
€ 843,767
Circulerende voorraad
261,202,000
Totale Voorraad
247,000,000
QRK
Omschrijving
Quarkcoin is a coin which increases security by using 9 rounds of hashing from 6 different hashing algorithms - blake, bmw, grøstl, JH, keccak, skein. 3 of the hashing rounds apply a random hashing function. This compares with Bitcoin's solitary use of SHA-256 algorithm. There is no pre-mine for this coin. A new block is generated every 30 seconds and 2048 Quark is given out as reward per block at the beginning. This reward halves every 60480 blocks or roughly every 3 weeks. The initial supply of Quark is 247 million and this is expected to be mined in roughly 6 months since launch date. The supply will then continue to increase at an inflationary rate of 0.5% per year. Quarkcoin was launched on 21 July 2013.