MargiX MGX to Quark QRK Exchange

Crypto Pair Details: MGX to QRK

MargiX MGX

MargiX is a multi-platform ecosystem: integrating AI and Bigdata Technologies to provide signals to traders. Beside it, MargiX is developing automated tools to support leveraged trading, building a decentralized commission system and Online payment system ERC20, Google Pay for businesses. In the near future, MargiX Chain is going to be integrated Multi-layers Blockchains, Crosschain Communicationm and RBG Technology.

Quark QRK

Quarkcoin is a coin which increases security by using 9 rounds of hashing from 6 different hashing algorithms - blake, bmw, grøstl, JH, keccak, skein. 3 of the hashing rounds apply a random hashing function. This compares with Bitcoin's solitary use of SHA-256 algorithm. There is no pre-mine for this coin. A new block is generated every 30 seconds and 2048 Quark is given out as reward per block at the beginning. This reward halves every 60480 blocks or roughly every 3 weeks. The initial supply of Quark is 247 million and this is expected to be mined in roughly 6 months since launch date. The supply will then continue to increase at an inflationary rate of 0.5% per year. Quarkcoin was launched on 21 July 2013.

SOURCE: COINGECKO

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