[2013-12-18] QuarkCoin: Noble Intentions, Wrong Approach

[LiteCoinGuy]

QuarkCoin: Noble Intentions, Wrong Approach

http://bitcoinmagazine.com/8972/quarkcoin-noble-intentions-wrong-approach/

[bryant.coleman]

I bought a few hundred Quark coins a few hours ago. Got them pretty cheap. Who knows? May be Quark will become the next Litecoin.

I had bought a few hundred Litecoins many months ago, at the rate of 0.0025 BTC. Now they are worth 12 times as much.

[bitbouillion]

“Being only CPU mined,”

Doesn't it make QuarkCoin vulnerable against 51% attacks by big CPU-clusters aka supercomputers?

[atleticofa]

“Being only CPU mined,”

Doesn't it make QuarkCoin vulnerable against 51% attacks by big CPU-clusters aka supercomputers?

Not at all, Quarkcoin is pretty much secure that other alt-coins.

By the way, tomorrow will be a huge day for QRK. I bought today all that I can now that is yet cheap.

[bitrebel]

sounds like the author never got into Quark in time, and is crying now that litecoin and primecoin are suffering, but quark has hardly been hit.
 

[bitbouillion]

“Being only CPU mined,”

Doesn't it make QuarkCoin vulnerable against 51% attacks by big CPU-clusters aka supercomputers?

Not at all, Quarkcoin is pretty much secure that other alt-coins.

Can you explain why it is immune against a 51% attack? I am not against QuarkCoin, but want to understand what makes the substantial difference to other crypto coins.