Crypto-Currency Financial Directory and Information

Quark

The Quark crypto-currency is based upon the bitcoin decentralized currency.  It mainly differs in security, where bitcoin uses one algorithm, this crypto uses 6 hashing functions- BLAKE, Blue Midnight Wish, Groestl, JH, Skein and Keccak.  That’s some serious math.

 

quark currency

quark currency

Primary Differences from Bitcoin:

  1. proof of work algorithm
  2. its block interval
  3. its distribution model

 

About Quark Crypto-Currency:

  • Super Secure Hashing: 9 rounds of hashing from 6 hashing functions (blake, bmw, grøstl, jh, keccak, skein). 3 rounds apply a random hashing function. Uniquetechnical specifications.
  • CPU mining
  • Quick block generation: 30 seconds
  • 2048 QRK per block (halving every 60480 blocks ~ 3 weeks)
  • Block reward will never drop below 1 QRK
  • Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)
  • Difficulty retargets every 20 blocks (maximum 10% up or 50% down)

 

Source Code and Downloads

Source code:
https://github.com/MaxGuevara/quark

Linux Qt wallet (x64) https://docs.google.com/file/d/0ByuuhJDWrO0wbWVjN056bkdtTzQ/edit?usp=sharing

Windows Qt wallet: https://docs.google.com/file/d/0ByuuhJDWrO0wX2VOUjlEREFNdTQ/edit?usp=sharing

Neisklar’s Quark version of CPU Miner (GitHub source code): https://github.com/Neisklar/quarkcoin-cpuminer
https://docs.google.com/file/d/0ByuuhJDWrO0wVXhULTFEOWMtaTQ/edit?usp=sharing

*Quark uses 11973 Network port. Please open port 11973 on your router and any create an exception in any firewalls.