Hey I'm new to the thread can anyone give me the cliff notes on why I should drop a couple BTC here. Thanks!
Same here.
I sense an extensive post coming.
Well, apart from having the chance to get in and ride the train of the BEST 2nd GEN cryptocurrency,
here are some of the features in brief:
- New code, totally built from scratch, original and not a clone.
- Naming exchange integrated. You can buy/sell key pairs.
- Voting feature implemented (community already voted for the sequence in which features will get implemented). Democratic and fast.
- Asset exchange with advantages that NO OTHER crypto has - eg. an asset can have dividends & asset/asset exchange is supported.
- Qora has the best approach for user simplicity - it is so user friendly that even a total newbie can use it.
- It has a new POS algorithm - depends on activity and amount of coins your wallet holds, if I remember well.
- The block time depends on network activity.
- It has arbitrary transaction support integrated into the core, so developers can build apps on top of qora (eg. chat/blog apps).
- It boosts the transaction speed, by not having to broadcast the transactions to the whole network.
- There is maximum wallet security -> you have to enter a seed and not just a password to gain access to your wallet.
- You can forge new blocks without leaving the wallet unlocked.
- Qora will have Automated Transactions build-in to the core, once the crowdfunding succeeds. It will be the first to have such huge innovation. See https://bitcointalksearch.org/topic/why-blockchains-might-want-to-consider-using-at-turing-complete-txs-822100
- The developer has shown that he has extremely high competence in programming, he is very communicative and to me he is the only one who can code efficiently and at an extremely high speed.
- Qora is just starting..so don't miss the chance to get in. It's way too cheap now imho. It should be in the top 3 list of cryptocoins worldwide. With such a dedicated dev and features being constantly built inside qora, it's a win-win situation.
but is it even open source?
nothing else matters at all if its closed source.
Have a little patience.. It will all be revealed in time. There has been a community vote.
Let's see the result:
http://qora.co.in/?q=first+voting+on+the+source&poll^^ this is another example of the community participation and the democratic voting feature
My proposal regarding Open Source is the following: Only parts of the code should be given to the public first, or the full first version (without AE etc). But if it is for the full first version, then I suggest to put some bugs in it, perform some contest and bounties. This way people will have the chance to examine the code carefully, study it with interest and not copy-pasting it without having any clue. But I also propose to get OS after the wallet GUI enhancement, there is space for much embellishment and eye-candy. And the first impression counts a lot.
So, it is all a matter of time.
Another proposal would be that 2 other legendary members (or members that community can fully trust) get a snapshot of the code, so that there are also other persons apart qora who have the source.
