Quarkcoins (or simply Quark) is another peer-to-peer digital currency that its creators stated uses the most advanced and latest algorithms in cryptography, making what they believe to be more secure than Bitcoin and other crypto currencies. Quarkcoins are mined by CPU only and thousands have done so at home. It is a digital currency with the power to profoundly influence the non-digital world. It was created as a response to ideology: that the control of money should not be in the hands of the few, but in the hands of the many. They believe that no one should have the exclusive right to centralize this currency under any nation state, corporation, community or individual.
While Bitcoin is a limited coin supply with a maximum of 21 million Bitcoins to ever be released, Quark distinguishes itself by having no cap on the amount of eventual produced coins. After the initial 247 million are mined, they will continue to be produced at an inflation rate of .5% per year.
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