* Super secure hashing: 9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein). 3 rounds apply a random hashing function.
* CPU mining
* Quick block generation: 30 seconds
* 2048 QRK per block (halving every 60480 blocks ~ 3 weeks)
* Block reward will never drop below 1 QRK
* Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)
* Difficulty retargets every 20 blocks (maximum 10% up or 50% down)
I'm guessing this a clone coin, but with very well chosen parameters.
Likes
- Sounds GPU resistant - won't expect a GPU miner during the bulk of the allocation.
- Very deflationary. These will be difficult to acquire if it does take off.
- 0.5% p.a inflation. Ongoing subsidy, but a small one.
Dislikes
- 30 second block generation is a bit fast.
- No innovation to capture attention
Overall - thumbs up.
