Quark Quick overview

No pre-mine

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 / GPU mining

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 ~3.5% p.a inflation

Difficulty re-targets every 20 blocks (maximum 10% up or 50% down)

A new POW/POS+MN distribution scheme, Inflation rate ~3.5%