Total Market Cap: 221,293,517,429
Volume 24h: 64,296,769,319
CryptoCurrencies: 5896
Exchanges: 100
Dominance: BTC 66.04%

Quark
QRK

$ 0.008780
6.99 %
Change 24h
Genesis
July 21, 2013
Market Cap
$ 2,293,020
Volume 24h
$ 120,671
Circulating Supply
260,782,000
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.