$0.002387
-$0.000006(-0.26%)
Market Cap
$693.84K
24h High
$0.002393
24h Low
$0.002385
24h Turnover
$829.00
Total Supply
300.00M
Market Sentiment
Neutral
About Quark (QRK)
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.
Quark (QRK) Basics & Market Insights
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