Quark QRK to Zipper ZIP Exchange

Crypto Pair Details: QRK to ZIP

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.

Zipper ZIP

Zipper is a decentralized value transfer network that enables point to point Message communication, Transaction Transfer and Transaction Settlement across multiple blockchain networks among different financial institutions. Zipper enables and empowers rich and comprehensive blockchain-based services for global financial institutions. Zipper, composed of ZipperNet, Z0 and other ecology participants, is an ecology supporting digital assets transaction and switching within same chains or cross chains, and is committed to construct a financial grade blockchain network with safety and flexibility.

SOURCE: COINGECKO

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