Great, when was this created?
Has some typos in it though... :-)
The moment I posted that post.
Can you please fix or tell so I can fix?
sorry, of course...
Here I marked it with red colors where something is either missing or wrong:
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Quark is a cryptocurrency which, unlike most other cry
tpocurrencies uses cust
um hashing algorithm which includes hashing functions blake, Blue Midnight Wish, Grøstl, JH, SHA-3 and Skein.[1]
Contents
1 Specifications
2 Software
3 Exchange
4 Adopt
ation
5 Press
6 References
7 External Links
Specifications
Block in
ver
vel - Every 30 seconds a new block is generated.
Confirmation time - A transaction is confirmed in 3 minutes after the block in which the trans
action is recorded is under 6 blocks.
Issuing Interv
el - In the first 6 months, 247 million QRK will be mined; after that around 1 Million quarks will be mined in a year. This has been done to sustain mining activity and keep the block chain resistant against 51% attacks to which Bitcoin is vulnerable.
Difficulty - Every 20 blocks (10 minutes) difficulty is retargeted. Difficulty can increase by 10% at most and down by 50% at best.
Software
Wallets have been released for Windows and Unix systems (includes BSD, Linux and Mac). Both daemon based wallets and GUI (QT) wallets are av
ailable.
The wallet is itself
is capable of mining blocks, but cpuminer has also been modified to work with the algorithm Quark uses.
There has been an OpenCL based miner av
ailable, but it's credibility is no
wt known as of now.
Exchange
The following exchanges are a
vailable to buy and sell Quarks for Bitcoins
Cryptsy - Since July 26, 2013. [2]
Bter - Since November 29, 2013 [3]
Coins-e - Since July 22, 2013 [4]
btc38.com has plans to introduce Quark in it
's trading system [5]
Adopt
ation
Quark has seen sudden increase in prices (value in Bitcoins) since November 27th 2013. Since then, it
's prices were up almost 3000% till November 1st 2013 in the Cryptsy exchange. Other exchanges follow
a similar trend.
Currently, in terms of market capital, Quark is in the top 10 Cryptocurrencies.
Difficulty to mine has also increased exponentially since late November 2013.
Press
Quark was referenced in The Guardian website as one of the top cryptocurrencies which can be seen as an alternative to Bitcoin in he future. [6]