Quark QRK to BOMB BOMB Exchange

Crypto Pair Details: QRK to BOMB

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.

BOMB BOMB

The world's first self-destructing currency. BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency.  The rules are simple. 1) There were originally 1,000,000 Bomb in existence. 2) Each time a Bomb is transferred, 1% of the transaction is destroyed. 3) There will never be newly minted Bomb. The intention is not to be used as a transactional currency, but rather a consistent and decentralized store of value. Through a system of immutable smart contracts and continuous hyperdeflation, BOMB is the world’s first self-destructing currency.

SOURCE: COINGECKO

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