Great to see DI , VIC and some others back on the thread discussing things.
Even though sadly DI is seems is set against radical change for QRK, at a time i really believe it is needed. However, yes, i appreciate on here there are some people whom have a deeper understanding of things and can see perhaps more long term.
Firstly though the name. I love the name quark, i don't think we should even consider changing it. To be it is the best name of any alt coin. I of course prefer it to bitcoin too.
Let us focus on one thing first and thrash out all possible negatives and positives of the companion coin since i see the core members seem very anti superblock or features being coded into qrk itself. For me the super block is used correctly could have been great for qrk. However, let's let that drop for now.
The companion coin - what can it achieve and is it even part of QRK?
There are different ways it can be born.
A -It is a sidechain of qrk - with 10-20% greater minting (the development pot)
- could have anon,pos, all made of gadgets features and gimmicks - and i can tell you these must not be underestimated to draw in new interest in terms of investment and activity. A lot of very smart people sit there scratching their heads wondering why their projects which are clearly superior fail against lesser projects.
It would create a funding pot for this coin - every bit of work done on it can clearly be transferred and used on qrk if found to be very desirable or beneficial. It is kind of like a free R and D project for qrk. Every bit of marketing paid for from this development pot can benefit qrk also. Projects and services for this coin can be replicated or enabled to accept qrk. Even if it was not hard linked to qrk forever it would give a lot of great things to qrk and be no more competition than any other alt out there. To claim it the QRK holders outside of qrk that have even perhaps forgotten they own qrk could be induced to come back to qrks forum and register getting involved with the qrk community to get their new companion coin released to them over time, and also an incentive to keep their qrk.
I see zero negatives for the companion coin - it can not detract from qrk if done correctly.
B - The ipo companion - the companioin coin is only available to purchase in QRK.
This way i didn't like at first. However the more i thought about it the more i realised it has a lot of merit to it. People will need to buy QRK to purchase the new coin directly from the companion coin dev team ( this should be obviously the qrk dev team) so they are funding the qrk dev team directly. These funds should all go into a development pot to fund and give incentive for full time work and time put into qrk and the new companion coin. The companion coin of course could still have a development pot coded in say 2-5%. Anything reasonable will be accepted if it was held by the qrk foundation or companion foundation and held in public wallets with ledgers for where the coins were spent. Nobody now grudges devs taking coins for doing work. The ipo version though would need to be top of it's class in terms of what people now want ...if they are wrong to want it makes no difference they fact they do want it is enough to mean you are missing out on a lot by not giving it to them.
I would love to see an actual list of positives and negatives regarding the companion coin. I can think of zero negatives at all. Detracting from qrk means nothing. There are 300 alts doing this now hence why qrk is not a top 5 coin. However this companion coin will give a LOT back to quark and it's community. It solves a lot of the issues qrk is facing with zero negatives. Can't ask for more than that. However if someone can point out some real negative impact for qrk here that would be both interesting and helpful.
The end goal is hundreds or more ROI projects and services for qrk holders and investors.
There are still just say 4 or 5 people discussing our future here, where are the other few 1000?
Personally i favour the superblock over companion coin - i just see think if managed correctly it could have such great benefits for such minor risk. However, that does not seem popular so let's thrash out the companion coin idea in detail first.
Even if none of it happens it is good to see some debate and life back in the qrk thread. Let's get another few 100 people back on here then get the ROI projects and services going
