Posts Tagged ‘QRK mining’

Quark (QRK) Quark-based alternative cryptocoin

29, Jul 2014

quark-logo
Quark (QRK) is a medium of exchange and a store of value. It is a digital currency with the power to profoundly influence the non-digital world. However, it is more than a currency, it is an ideology which adheres to the belief that the control of money should not be in the hands of the few, but in the hands of the many.

Quarks are a form of online payment system but in a decentralized monetary system. Quarks to Friends, Family Members & Online Payments. Free of charges and chargebacks. Military Grade Encryption. No Bank or Government Control. Quark Coins are based on the original idea of Bitcoin but improved, more secure, with improvements to design and security. There is also a greater coin supply with higher block rewards for miners.

Website:
– http://www.quarkfoundation.cc

Block Explorer:
– https://coinplorer.com/QRK
– http://e-pool.net/explorer/QRK/

Coin Specifications

  • Quark Algorithm
  • Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK
  • 2048 QRK per block (halving every 60480 blocks ~ 3 weeks)
  • Block reward will never drop below 1 QRK
  • Quick block generation: 30 seconds
  • Difficulty re-targets every 20 blocks (maximum 10% up or 50% down)
  • Transaction confirmation time: 6 blocks or ~9 minutes
  • Block maturity time: 100 blocks or ~2 hours
  • Kimoto Gravity Well for difficulty readjustment

Wallet:
– Windows

Source Code:
– at GitHub

Ports:
– RPC Port: 8372
– P2P Port: 8373

Mining Pools:
– https://qrk.suprnova.cc/
– http://qrk.e-pool.net:8910/static/

Coin Exchanges:
– Bleutrade


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