Quarkcoin is a relatively new crypto-currency that allows online coin transactions. Quarkcoin is totally going for the security as Unique Selling Point and it seems to pay out. Quarkcoin (also know as Quark) uses 9 rounds of secure hashing from 6 different algorithms. Quarkcoin is now the 4th largest crypto-currency worldwide. Litecoin is still in second place, after Bitcoin.
Quarkcoin bigger than Namecoin & Primecoin
With all the extra security measures Quarkcoin has risen significantly last couple of weeks. One QRK is now worth about $0,26. It has even passed Namecoin and Primecoin in Market Capitalization. The value of the Quark market is 66,5 million at the moment. The official website of Quark is: http://qrk.cc/
- Block interval – Every 30 seconds a new block is generated.
- Confirmation time – A transaction is confirmed in 3 minutes after the block in which the transition is recorded is under 6 blocks.
- Issuing Interval – In the first 6 months, 247 million QRK will be mined; after that around 1 Million quarks will be mined in a year.
- Difficulty – Every 20 blocks (10 minutes) difficulty is re-targeted. Difficulty can increase by 10% at most and down by 50% at best.
- Mined coins till now: 246,128,337.00 QRK
Buy or sell Quarkcoin
You can buy or sell Quark (QRK) at Vircurex.com