Topic: [ANN] Qora | Released 16 May | 100% POS | New Source - page 316. (Read 748250 times)

I do understand, yet I also understand the reasons why the dev would like to sit on the code for a couple of months.

Qora's distinct disinterest in money and marketing makes that I trust him (or her) to not have hidden anything nasty in the code.

I cannot but support a third party review but it will have to be at the developers discretion. And since only our lord Theymos knows who we are behind our nicknames this is not so easy.

this

Now following you, whats a seed

You have the seed though?

If I was, I dont remember. I have a set number of passwords which I rotate. I used them all and none of them work....

Sorry, I don't understand your point

All other crypto currencies that I know of are open source. Anyone can inspect the source, understand for themselves how it works, and check for no nasties (like a hidden premine, or code that lets dev get away with printing money). Most people won't need to, as it will already have been inspected by people who know more about how the code should work; but still, the option is there.

We can't yet do that with Qora. We don't even know how it works - the design - never mind get to see the actual implementation in a readable/understandable form.

Sitting and looking is one option. But maybe we'll sit and look at it for some weeks, and wake up one day to find it is frozen on Poloniex, and our funds are worthless. At least one critical flaw was found in Nxt, fortunately by a good guy who didn't abuse it. People want to know their funds are backed up by code that is solid and watertight, and we need to start the process of proving that's the case.

EDIT: I have no reason to believe there are any technical problems with Qora design/code. I just want to base decisions on facts rather than faith.

You were prompted to enter a seed and a password upon installing the client?

The POS is a black box. We'll all sit and look at it for some weeks and see that it won't be frozen on Poloniex like any other (semi) POS coin. Qora must be doing something right.

why is my wallet locked and I dont have a password?

This is a valid and important question. Something can walk like a duck, and quack like a duck, and yet not be a duck. We all know that Qora can do the basics - send/receive funds, register/buy/sell an alias, etc - but as a community we have zero proof that it is a crypto currency in the normal sense. It's likely that some people have examined the obfuscated code, either to find attack vectors or to satisfy themselves that it is a sound investment, but if so the results aren't being shared.

It's fine to have faith in the dev to a certain point, and those who were involved in the IPO (myself included) have struck lucky in the sense that he appears to have delivered the goods. But outside investors putting in their hard earned money will be put off by this "black box" coin, as will the enterprising individuals who will need to build the surrounding services that are required if Qora is to be a success. If I had no Qora, I wouldn't buy 50 million at today's prices with today's information (although I would buy a lesser amount).

I also understand the concerns about open sourcing the code leading to it being cloned. Nxt (whose code was never obfuscated) managed a staged release of the code, an approach which worked well. Can we do the same?

I would ask the dev to release a white paper describing the Qora design, in particular the PoS algorithm, the crypto aspects, and P2P aspects, and any other aspects that are innovative or unique to Qora. Can be brief, nothing fancy. Can be written and edited by a trusted forum member after a short Q&A session with the dev, if he's short on time and busy with coding. This won't help those building clones in any way (it's only the design, not the implementation), but it would go some way towards getting Qora accepted in the wider community.

Qora has been launched 11 days ago   You're talking like there's a couple of months past. The dev isn't doing any marketing, not asking anyone to buy into Qora. He just launched it and implementing new features. If the client was completed, assets/colored coins, anonymity and other features implemented and the source is published the price would be 700-1000 satoshi, not 70-100.

If everyone is going to make decisions for themselves, nothing will happen. I'm discussing and giving ideas.
Sitting here, hoping the everything will work out fine is a very dependent way of thinking. My daughter does that, she is ten.
The dev already stated in the past, that the release of the code will be community based. What is desired will be done.
So, I am giving Ideas and Vektors to further the cause of the coin. And as blind believe is not my modus operandi, I try to offer some food of thought for this "community". It should grow. And an unreviewed, closed source project that could contain anything (not saying that it does), is not the best foundation for a long lasting and prosperous coin.

NXT people are not educated yet? First attack NAS, and now again attacked QORA.
I would like to ask the whole community, the whole whole earth is only NXT it?

Hippie Tech, gtfo of here with your crap. It's development thread. You want keep posting crap, here you go — https:// all internet is open for you.

Let ye who has not double spent cast the first troll ! EDIT.. THATS ME !

You are all a fucking joke.

NO ONE is buying into this sockpuppet spam bot bull's shit.

See no reasons for it at this point.

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

We're need someone with skills to write some kind of press release or something like that. Otherwise it'll pretty hard for every news website dig into it. We should be able to give them short description.