r/QuarkCoin

3.6K archived posts · Aug 2013 – Mar 2025

QuarkCoin Cryptocurrency

r/QuarkCoin

Quark is a decentralized digital monetary system. It facilitates sending Quarks to Friends, Family Members Online Payments free of charges and charge-backs. Military Grade Encryption. No Bank or Government Control. Quark coins are based on the original idea of Bitcoin but improved, more secure, faster transaction times and zero fees. With improvements to design and security. There is also a greater coin supply with higher block rewards for miners. Quark is fully Open Source.

Created Aug 12, 2013 · restricted

3.9KMembers (last snapshot)

3.6KArchived posts

###What is Quark?

Quark (also known as QuarkCoin/QRK) is an independent decentralized person-to-person digital money based of the idea of Bitcoin, but with improvement to security, speed and long-term economic model.

A secure 9 rounds of hashing from 6 hashing functions ([blake](https://en.wikipedia.org/wiki/BLAKE_(hash_function), bmw, grøstl, [JH](http://goo.gl/OqZYKi(hash_function), keccak, skein. 3 rounds apply a random hashing function.
CPU mining inside the wallet
Super-Fast confirmation: 30 seconds
Transaction fees: $0.00
247,605,120 QRK + 1,050,000 QRK p.a. (~0.5% inflation)
Block reward will never drop below 1 QRK
Difficulty retargets every 20 blocks (maximum 10% up or 50% down)
Hybrid POW/POS
POS (Proof of Stake) parameters:
- 3.5% pa POS interest
- 30 days minimum stake age
Masternodes --