FairQuark 13/01/2014
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Crypto Currency > F
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niet leeg


FairQuark FairQuark is a free open source peer-to-peer electronic cash system that is completely decentralized, without the need for a central server or trusted parties. Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending.

Information FairQuark Scorecard

Merchants No
Audited No
Website Yes
Twitter Yes
CoinWarz Yes

Total 40%
Please invest at your own risk

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Information Information

Launched: Monday, 13 January 2014
Hash Algorithm: SHA-256
Symbol: FRQ
Scheme: Proof-of-Work

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Windows wallet Source & Wallet

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Rating FairQuark Rating

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Extra information Extra information & Specifications

Specifications: Quark Algo
Super secure hashing: 9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein). 3 rounds apply a random hashing function.
247 million FairQuarks will be mined in ~ 12 months, after that ~ 1 million FRQ annually
Block average time: 60 seconds
Difficulty retarget time: 1 hour (max. 10% up or 50% down)
Block reward: 2048 at first, halving every 42 days approx

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