Quark (QRK)

Quark Coin Price & Market Data

Quark price today is $0.008119773497 with a 24-hour trading volume of $71,926. QRK price is up 0.2% in the last 24 hours. It has a circulating supply of 270 Million QRK coins and a total supply of 300 Million. If you are looking to buy or sell Quark, AEX is currently the most active exchange.

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.