Topic: [ANN] Qora | Released 16 May | 100% POS | New Source - page 178. (Read 748233 times)

Hmm... just keep moving the decimal.

calculated in US.

40 sat = $0.0002359

x10 = 00.002359

x100 = 000.02359

x1000 = 0000.2359

Now in sat:

.0000004

x10 = .000004

x100 = .00004

x1000 = .0004

.0004 BTC for 1000 Qora

.0004 BTC = 0.2356 US$ according to Preev.com

Another way.

40 sat x 1000 =  40000 sat or .00040000

(edit, I see now you said 1000 NXT is $65 above)

I'm not great at math but it would cost you about $65 to buy 1000 NXT right now!


Even with the 10x amount of Qora the equivalent would cost $6.50.


So   25: 650    thats 26x cheaper than NXT....and I think its better than NXT.  


No disrespect to NXT, its a great system but it shows the possible potential price upside!


As a long term investment 5 BTC now might make a small fortune in a year or so if Qora does as well as I have a hunch it can.

42 sat. That's about 25 US cents for 1000.

Don't know how possible this is, but I think it'd be super sweet to have an android wallet.

Maybe you could easily pay for things. We have a naming service, Maybe we could use it to easily send payments.

For example: A kid at school sold you his text book. I send the guy 100 qora right from my phone and he can see he received the payment (instantly?) and transaction complete.

Just trying to think outside the box, separate ourselves from the other chump coins.

I'm probably stupid.

I'm sure we can reach out respected long term community members who would be willing to help with this...may be even for a fee...

This would give us enough legitimacy in the short term....then ofcourse we can begin delayed open sourcing of the code in phases....may be start open sourcing parts of the code base in about 8 months time and keep releasing it in 'chunks' over a year or so...

Yes you really should

Are you from China? Maybe you can help us promoting in China, we still would like to have more connections with China

Yes, this is what needs to be done. It would either kill Qora or provide a substantial foundation. The obstacles here are who is the trusted third party and would Qora even do this?

Many people said it is a new coin.

What if we have the code audited by various trusted third parties, instead of having the code fully open sourced?
"What if we have the code audited by various trusted third parties" I agree,So that we can delay open source.

But open source is must to do,it is responsible for all the people.

I missed the qora.
Maybe I should buy some.

If I am correct there will be soon an new give away for the new interested people who want to get some Qora. Please stay tuned.

"open source" is necessary to ensure that not a clone.

Any idea when the Qora source will be released? I see there is a clone starting distribution today.

I think that is great advertising for Qora since the clone will be freely distributed, no harm in claiming a stake and also buying some of the real thing  

QORA是好币啊 可惜上市就被爆炒 价格还是高了 别忘了100亿啊

What if we have the code audited by various trusted third parties, instead of having the code fully open sourced?...or may be opensource only parts of it...

That way, people can still gain the trust that its a totally new system and we can avoid copy paste clones.

Thanks for the link...this is what we need to begin with Qora. Qora has the API document but not much in terms of math and overall theory behind qora...it's really not for Qora to write a whitepaper now imo...Qora is busy writing code (far better for development)...the product is what tells me Qora is a quality product. Yes a few bugs but it's high quality; bugs can be worked out.

A paper from a technical member of the Qora community who can interview Qora and write a "gray" paper is the best solution if the community sees this as critical.

I support some of the obfuscated code be released for review. Why is this a problem?


The voting platform is very important and as a community has great advantages to moving forward. Qora once mentioned that vote "weight" or number of votes will be equivalent to the voter's account balance of which he/she votes. Voting can be as simple as yes/no or have many options I suspect.

Some ideas to vote on based on the op:

1. Bounties: Vote on priorities for bounties and what exactly to develop next (outside of Qora's priority list)

2. Guaranteed Features - these are awesome features and qora has/will do well to implement these, maybe we can vote on the priority?  

Ed25519 DSA to verify and sign messages. done!
1-5 minute block time depending on the network activity. done!
Retargeting every 10 blocks. done!
Password protected wallets that can be recovered/generated from seeds. done!
New Proof-of-Stake algorithm.done! BUT Vote on release of code for review
A JSON RPC API to directly communicate with the client.done!
Naming Service: done!
Voting System: Allows voting inside the client to make community decisions such as which feature will be implemented next. in progress - this week!
Colored Coins/Assets. not yet done
Arbitrary Transactions: a simple feature which allows users to send any payload they want over the network. done!
This can be used by third-parties to build additional features on top of Qora (data storage, chat). for community to do
Transaction Boosting: higher transaction processing speed by not having to broadcast the transactions to the whole network. not yet done

3. Possible Features - also a BIG category to vote on...which of these should the community suggest for qora to implement first. Qora will have to agree obviously no matter what the community votes.

Anonymous transactions/Zerocoin One of the biggest problems of Bitcoin is of course that every transaction is traceable.
Currently Zerocoin is the most promising project which is trying to solve that problem in a decentralized way.
Cross Blockchain trading
Finite Blockchain/Blockchain shrinking

4. Exchange - Vote which exchange to swarm next for adding qora. If established which exchange, we can be more effective.

5. Resources/Community - IMO it is very important is to vote whether the community agrees to have someone "review the code" at least in bits...Qora may not agree to this, and I think most of the community already want this, but if we vote that we believe strongly that this is good for qora, Qora can at least see our interests.

As far as I know, the Qora voting system will not be...one account, one vote or even...one seed, one vote. This is a severe limitation of digital voting...anyone can open as many accounts/seeds as they want and vote as many times as they want if this were the format. It seems that "weight", as Qora mentioned, is the best way to work around the multi-voting limitation but it's not the most ideal...this really favors original stakeholders who carry the majority of coins. None-the-less, weight is probably the best solution. It is better than say TAC where you "buy" votes and the fee goes to the genesis (although in a way, Qora vote is "bought" votes in effect).

Another aspect of voting is accountability to implement decisions made. Anyone can start a vote ..ie the best beer is a) Guinness b) Hoegaarden c) Budwiser...but the most important votes are what matter: what feature Qora will implement next, community development fund decisions, how to deal with other tasks in our development global plan, etc. These will be voted for and I think we will begin to see a "POS democracy" take effect.

As qora grows, we will certainly need a forum to deal with the up coming topics..."Qora Chat" is okay but I suggest for seamless adoption, we design a Qora reddit and/or a Simple Machines forum, similar to the many out there..like the one we are on now...or NHZ has a good one. http://forum.nhzcrypto.org/index.php I can work on this in 3 weeks as I am traveling soon but if someone can take this one now, the better...Dzarmush (where is he) do we have development funds for this?

TLDR:

1. Voting seems to favor original stakeholders.
2. Important voting may focus on optional Qora features and how to use development funds.
3. Will we keep pushing Qora for someone to "review the code" by voting and will Qora agree?
4. We will need an additional forum as Qora grows. I will do it in 3 weeks when I return from traveling if no one can do it soon.
5. Where is Dzarmush - what's status of dev funds?

Well you won't be able to 'Mine' it after the source code is released either. 



Do people read OP's anymore?

Im sorry, but I do not believe a coin whithout readable source code.

After some time you can discover that some coins were made while developpment, and someone can be rich whith this. Im not accusing anyone, but it can happen.

I really do not believe people whith good intention. Everyone wants pump and dump schemme.

And i dont know why you belive the coin.

Im not here to make confussion, but think wisely. Its your choise.

Im telling this cause i've mined a coin that the first block was about 60% of total coin. The code was showed some time later coin launch... and dev didnt get rich, but he f*cked whith a lot of people who beileved the coin (the mining process didnt paid the electric bill).

Maybe this is not the problem here.

I can mine this after I see the source code. Not before.

See you around.

I want to buy some Qoras @20s

exactly, but I do believe we should release it before 6 months though.

I think you got to go legit path and release the SC. but even NXT took it's sweet time, with the added faults. It doesn't need to be tomorrow but once established no reason not to, clones add to the marketing for Qora.


It should be made known that it was the community that wanted the Developer to hold back on the SC, in fact Qora was talking about releasing quite quickly.

NXT released fully only after about 4-5 months I do t see why we have to any earlier. The problem with holding back on the SC is scammers who want to make a clone with a big Premine etc FUD a coin till everyone goes nuts. that's another reason to start a moderated thread.