Quark QRK to Teloscoin TELOS Exchange

Crypto Pair Details: QRK to TELOS

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.

Teloscoin TELOS

Transcendece combines an open-source, decentralised blockchain with existing services as like AmiCloud and the indieGO-Appstore. All of them accept the Transcendence Network Token called Telos. The longterm plan is to move the cloudstorage and cloudcomputing aspects of the closed source software to the opensouce blockchain.

SOURCE: COINGECKO

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