Quark algo will not be the future cause it's not good on GPU in comparison to CPU. My bet is now on darkcoin algo, cause 11 hashing algo will make it ASIC resistant for a long long time, yet it's very fast on GPU. Then there's fudge also.
There's HUGE profit to me made off these new algo coin, since there'll be replacing scrypt coins. Scrypt coin value will slowly fall down as the new coins overtake.
I disagree
1) Speeds hashing Quark or X11 on a GPU are pretty much identical from what I have seen using smelter for Quark since its release and sph-miner for X11 and Quark since its release. Quark minimally slower vs X11 with sph-miner, likely since it is more complicated. Since Qaurk hashing speed of smelter is greater than that of sph-miner, it is likely the quark algo of sph-miner could be further optimized, even further minimizing any speed difference.
2)X11 is less asic resistant than Quark. More rounds of hashing don't make it more asic resistant. The 11 rounds of X11 are linear and unchanging, pretty easy to make an asic.. Quark has random rounds that adds complexity and make it more asic resistant. realisticly either one can be 'asic'ed' if there was enough incentive.
Only way X11 would win against Quark algo is if marketing of X11 better than marketing of Quark algo. On their own technical merit, Quark wins hands down.
can others with technical knowledge confirm this (not saying hilux does not have technical knowledge but just good to hear a few more opinions before i smash the bullshit x11 hype) ?
the main hype around drk and a couple of other coins is the x11 algo............if this x11 hype is all bullshit lets crush that down right now before it gets out of hand.
However we have to be rock sure it is not superior to the QRK algo in anyways.
Any hardcore coders here to show the merits of qrk above x11
what are the pros and cons of each algo?
X11 is overhyped and overrated, also read this comparison
Darkcoin in terms of hashing functions it is a combination of Quark's 6 hashing functions and Qubit-coin's 5 hashing functions, so in total Darkcoin has 11. Five of Quark's hashing functions (Blake, Grøstl, JH, Keccak and Skein) were the finalists of the NIST competition
https://en.wikipedia.org/wiki/NIST_hash_function_competitionQuark is using 9 rounds of hashing: while using 6 rounds from Blake, Blue Midnight Wish, Grøstl, JH, Keccak and Skein it adds 3 more rounds of hashing randomly: so the computer doesn't know whether it will be Keccak or Grøstl or Blake. And that's one of the uniqiue beauties of Quark. Unfortunately, Darkcoin or Qubitcoin don't do that: the computer remains certain about which hashing function will be used.
Another advantage of Quark might be, Darkcoin's block generation time is 2.5minutes (150seconds), while Quark is 30 seconds. Which means that Quarks algorithm with an element of randomness (unpredictability) will have to be cracked in 30 seconds to create a double-spend fork, while for Darkcoin this window of opportunity for the attacker is 5 timeslonger: 150 seconds with no element of randomness. If you take all these factors into account, Quark is still the most secure - it's not only about the number of hashing functions."
interesting..... so x11 is just over hyped junk.