Altcoins

QRK – Quark

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quark coin

QRK – Quark coin details

Official website – http://www.quarkcoin.org
Quark Forum – http://forum.quarkcoin.org/

  • Super secure hashing: 9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein). 3 rounds apply a random hashing function.
  • 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)

Quark was released as “super secure cryptographic coin”

Quark sources and downloads

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

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

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

Neisklar’s Quark version of CPU Miner (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 post your IP there.

Quark exchanges and mining pools

Exchanges 
https://www.cryptsy.com/markets/view/71
https://www.coins-e.com/exchange/QRK_BTC/

Block explorer 
http://176.221.46.81/chain/Quarkcoin

P2P mining pool 
http://176.221.46.81:8372/static/

Comments

9 responses to “QRK – Quark”

  1. nyan

    Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation).

    That’s the definition of pre-mining.

    Reply
    1. dE

      You lost your opportunity to mine, and now you’re fretting over it.

      Reply
    2. Stephen

      So you don’t even know what a pre-mine is. Why are you typing?

      Reply
  2. Brian

    This is called Insta Mining.
    The Coin will fail after the 6 months because no one will mine it. There will be a few, but the network will then be vulnerable to 51% attacks and will fail.

    If PoS was added to it, it may have survived, unfortunately it will not due to botnets/vps/hackers.

    Still, Insta-mined/pre-mined coins are scams.

    Reply
    1. dennis

      incorrect on both counts

      Reply
    2. Stephen

      And you don’t know what a pre-mine or insta-mine is…. Why are you typing?

      A pre mine is when a substantial amount of coin is mined before the ANN topic. Do some research.
      Insta-mine is when block 1, mined by the dev, has a substantially higher block reward than all others.

      Reply
  3. John Dodds

    Pre-mine is mining before the official launch
    Insta-mine is mining the first block (HUGE payout for one block) the second the coin is launched.

    This was neither.
    It was created for fast distribution with a 2 fold purpose.
    1) There will be NO time for anyone to develop ASIC machines to mine because the bulk will be done before one can be developed.
    2) It allows for super fast distribution and penetration of the coin.

    The 1 million per month helps ensure that the network is still viable even after the initial mine is finished.

    If you look into it, you will find that the top 100 wallets hold 25% of the coin. That is right on target with every other major coin out there.

    Reply
  4. mikeymike

    Is it possible that the developers actually developed something that would NOT make a FEW people rich? If you think real hard a few rich doesnt work for THAT long cause everyone else is left and out and gets mad. You dont need to know about coins money crypto or otherwise to get it. When we were kids, if we had healthy parents, we were taught to “share” our toys.

    Reply
  5. Quark Altcoin – NXTinfo

    […] . Alternate cryptocurrencies – bitcoin alternatives. Home. Exchange. […]

    Reply

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