Polis POLIS to Quark QRK Exchange

Crypto Pair Details: POLIS to QRK

Polis POLIS

Polis is a new digital currency supporting peer-to-peer transactions without an intermediary. These transactions are verified by the network, approved by consensus and recorded in a public ledger. Supports: Instant transactions, Decentralized Governance, Proof-of-Work, X11 Algorithm encryption.

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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