All Sports SOC to Quark QRK Exchange

Crypto Pair Details: SOC to QRK

All Sports SOC

With the increasing popularity of blockchain technology, All Sports public blockchain hopes to fill in the blank of blockchain application in sports industry through blockchain technology, which is a sun-rising industry all over the world. What we want to create is a decentralized, globalized, infiltrated into sports industry chain, shared by both parties and value co-created.

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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