Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 120. (Read 1031025 times)

I like the idea if the coin will have some good developers behind it and the main qrk team are on board. I hope it will all be transparent and community input will be key to decisions.

I still am not sure how proof of burn is any better than qrk only ipo. I hope you'll build in a development pot of at least 10% that is transparent anyway so we have some funds to spend.

The actual burning is kind of trust related isn't it?   better to keep the qrk in a pot and release for projects.

Either way thankfully someone is doing something.  I hope you and VIC and Coinmama can get together and work on this. I think VIC is key to qrk even being 1c tbh.

Instead of all the hassle of merge mining, a small % of the companion coin could be held back for mining on foundation pools. Set up some qrk mining foundation pools taking 2% cut and top hashers get some companion coins as reward. Then again i guess proof of burn (if the qrk is really burned for good) is going to perhaps lead to the total replacement of qrk with another currency so maintaining qrk's chain security is not that important.

The key is getting some very good developers onboard, for that we would need to reserve at lot of the coin for them and release it to them over a period of time for continued development.

Either way i am pleased to see something being done.

Wtf? You haven't understand a word of the approach, otherwise your post doesn't make any sense at all.


So you think a new coin is better? Guess what,  proof of burn is exactly that: a new coin. It is also not unfair because everyone can decide on his and her own whether he or she likes to burn or stick with Quark. Of course if the majority of people and their infrastructure are withdrawing from Quark this could cause Quark to become less valuable or even worthless but this would be anything else but letting the market determine the price.

What is the difference to a new coin? Only Quark holders would receive shares.  This is a way to SAVE the potential, time and ressources that many of us spent into Quark. The new coin would start at 0 with all the relevant tasks to be done (exchange rate listing etc.) but it may be a good option for those who don't agree with the current events.

So all in all, proof of burn is not really a concurrent approach to merge mining. It is rather a new coin to allow Quarkers to leave the community without losing their sahre. You don't need to like it. If it becomes reality you can still stick with Quark as is.

Volume can skyrocket very fast, it's not such an issue, see reddcoin, it was dead and 51% attacked couple time with low volume, but now it's has high volume. It's the matter of marketing and developments and quark really has the team with talented guys, i do agree that kolins unprofessional behaviour has played a rol in quark progress, but the rest of the guys are really an amazing team

Given how the value of bitcoin dropped just from Dell selling, I think if 10% of the big bitcoin purses dumped, bitcoin would crash to below $100.

It's real value currently is the scarcity caused by hoarding. In my opinion.

As markets open to bitcoin and spending starts to take place, it's value will correct. New adoption in bitcoin is dying.

Yes thats exactly it, just like Bitcoin isn't worth 8 billions, because if 10% of the big purses(much larger in percentage than quark holders) drop them on the exchanges the price would collapse back to $300 or $100, making a HUGE VOLUME on that day but the VALUE of a BTC much LOWER. Thats why you can only judge a coin by its market cap, not volume. Volume is very important but not when judging the VALUE!

Yes and I don't like it. It essentially means anyone who doesn't like/want the new coin is left holding a coin that is worthless.

It would be better to come up with a new coin and let the market determine its worth through exchanges.

In my opinion.

However I think sticking with quark is better, what's wrong with it that can't be fixed except by creation of a new coin and proof of burn?

not if the coins where giver out for free and are hold in a few hands or do you really wanna tell me that as example Bytecoin isd worth $3.7 millions with a $400 trade volume ?

Well you kinda hit the point there, we don't have strong traders involved in creating liquidity. As an example for Bitcoin the 7-11 million daily volume almost 95% is from trading and less than 5% is from real buyers/sellers, same goes with all coins. Thats why I made a point earlier for quakers to get involved in the market in order to create liquidity so that we  attract traders and new services who wish to accept quark as payment method!

Anyways in the financial world, any bond, shares, business is judged by market cap not volume so the top 20! is a valid VALUE indicator.

Based on volume which is the important indicator of a coin its 56
at the same lvl like  Nas , Unobtanium , Myriadcoin

wow nice to come back and read so much FUD here.. good signs! ... I have some catching up to do, lets see...

Quark is still in top 20! Looks good, we're still up there with all the FUD on this thread! Quark! so good, so fast, so much stability!!

Ha! Bytecoin has dropped 5-6 places in the market, leaving its clone Monero to hold its spot. This proves its all about community/marketing/promotion when it comes to a coin, not about coding! Take note quarkers!

Lol! a new scam has been added in the top 10 BitSharesX. Along with Nxt and Ripple, this is another artificially backed coin which will maintain its place in top 10 for a long time.

Bitcoin, our beloved & flawed crypto, has dropped a bit in price, no problem we'll see it reach $1K before the end of year! To the Moon!

Some serious pumping done on ReddCoin, when will the fucking speculators learn that people lose faith in crypto every time they manipulate the market. Thats the problem though, they don't care about going forward, they care only about making FIAT profit. FUCK!

Meanwhile, I'm seeing the same discussions here about companion coin, changing quark protocol and centralizing Quark by selecting a `captain`. Quarkers, if you want to do something pro-active I suggest you create a service that uses Quark(of any kind), promote Quark features to any existing crypto service(send emails request to add quark, etc), support an existing quark service/game/whatever just get involved, participate in the market activity because we need to have strong liquidity available if we want to be added as a valid payment method, take part in the community discussions because honestly no one is in charge we all decide the changes by accepting to mine/use Quark, if you want to create a coin which merge mines for quark then good for you promote it and let the free market decide about your new coin.

I'll catch up with the core quarkers in the next few days to see how's the new forum going, anyone who wants to get involved see the above points and get active, thats the way we're going to move forward in these hard times for almost all crypto coins, not only Quark.

max isnt the dev.Max just modified the crypto a bit.Max created a copy of a russian crypto created from a russian programer.

So calling him dev is a bit out of space and another question would be if he is even able to do these changes himself


Kolin,as you posted the last time QRK is doing great the coin crashed from $0.45 to $0.1



Also you guys still didnt released what destroyed quark and its community.It was nothing else as Kolin and the big wallets.Half of the community has been banned by Kolin for telling their concern about these wallets and not beliving in Kolins nonsense excuses.
These people went to create another coin without the mistakes of quark.

QuarkFX,
 Proof of burn is essentially the conversion of Quark to the "new" coin correct?

YC

Just wanted to let you know that I will contact developers for a proof of burn project. I explained my thoughts on this some pages ago. I will also encourage to use the forum that we are working on for the proof of burn concept if it appears feasible.  We put a lot of work into this and I am not neither willing to donate this work of mine nor Bubble up to the current state of Quark.

70.87640 QRK = $1 USD

Is that accurate?

These trolls might be talking shit on quark which i don't agree with them, on a side note though you released a companion coin which nobody was aware off. As you see it failed and i don't understand what makes you to decide yourself without cooperating with other members who also been active regarding this?

yeah mate its great - as predicted our Trolls are back this is great news these guys are quite nervous , no i both approached and was approached the other currency after i posted for clone to contact me - but we have seen that the block times are vastly different so we are not totally sure about it?

these Tards "Kitaco" who is Canon ha ha we love them, they are really sadly low IQ keyboard monkeys, but they have a job and its great to see.

: D

Quark is moving beautifully  of course keyboard monkeys get caught up in their own narrative and believe that this forum matters. which is kind of cute.

^

lol it's not beaten at all you idiot, just because they have more hashing doesn't mean it's better. So x11 has been beaten by x13 and x13 by x15? lol gtfo, also quark has random hashing as well which x11 doesn't, all these x13 x15 x17 xblabla are pure hype and overrated

Wow, did I successfully predict the demise of this coin would be Kolin and that fact that promises were never fulfilled . Kolin was a problem which I (and the infamous king, poopkingofrome) temporarily got rid of because he did and said stupid things and I called him out directly, making him look like a complete asshat on twitter and among ##quark on IRC. Unfortunately he wiggled his way back in, started back up control of Quark, and continued his conspiracy theories ad nauseam. He said it's his game, and you were all playing it. Guess he was in the end, correct. This coin was done and over with a long time ago.

That 6 rounds of hashing functions is beaten by X11, x13, X15, and now X17 which include all of the Quark hashing algorithms + tons more.

We. Didn't. Listen.