Total Market Cap: 279,674,132,390
Volume 24h: 86,236,868,156
CryptoCurrencies: 5455
Exchanges: 302
Dominance: BTC 68.70%

Quark
QRK

$ 0.01045
7.23 %
Change 24h
Genesis
July 21, 2013
Market Cap
$ 2,710,670
Volume 24h
$ 1,410,350
Circulating Supply
259,274,000
Total Supply
247,000,000
QRK
$
Date Price (USD) Market Cap (USD) Volume 24h (USD)
Name Pair Volume 24h Price Volume % Updated
Description
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.