1/ I do not think we can compare QRK to a country. We should compare QRK to other crypto currencies. They are very different. The biggest difference is that QRK will only ever decide as a community to expand their minting, and indeed unless people want to expand they will not use the new fork and the extra 30M would never exist.
How is the community going to decide this?
One vote for quark owned? One vote for member?
How are you going to count the votes?
With a mining poll having 90% of the hashing rate (sorry i'm using old numbers , i don't know if the situation changed) how is this going to be fair.
You know why bitcoin devs don't say a word about any real changes that would imply a hardfork?
Because they know that they can't take a fair decision and can't have a real vote. This is one major flaw in cryptos.
A few can decide the faith of others...like in the actual economy. Nothing changed.
ps
Although I'm saying this and I have an avatar of a polar bear , I'm still bullish in regards to cryptos future.
But not the ones that are currently alive.
Hi Niothor,
Yes, i do see your point with regarding the difficulty of consulting every qrk holder out there. For me personally it would be enough to PM every single person on this thread, announce in the main section and give time for all qrk holders 1 month to vote and have their say on the introduction of the super block and which escrow members would hold it if it took place.
Yes again i agree, people holding 100k qrk should have more say than those holding 50qrk. It should really be 1 qrk per vote. Even then people could find away to cheat the voting system
It is impossible to do it in a perfectly fair way right now.
However, imagine you were a qrk holder and your share was diluted 10% but as a result the value of your holdings had risen 1000% vs Fiat would you be happy?
For me personally at this time as a largish qrk holder i vote to do it. Sure the planning will have to be well thought out and agreed upon. Everything perfectly executed and managed. Transparent 100%.
I know drastic changes can have ill effect. There could be criticism. However. this is not a snatch and grab for the good of a few, this is will be a discussed and agreed upon action that will lead to many new developments/services and get the community back involved with qrk. Right now there is nothing to discuss, nothing to talk about, nothing to make decisions on, argue about, debate. There is just nothing at all. If we all can't get together, discuss and plan, then execute some projects and services that will at the very least x10 the interest in QRK then we should all just pack up and get out of this.
Let's just let QRK fizzle out since we obviously have nothing in this community except a bunch of people waiting to make money for nothing, not willing to do anything, gamble anything, donate anything, change anything or discuss anything . This action would be a gamble but a gamble taken for the good of the entire qrk community not just a few. If one of us loses we all lose. That's why we have to make sure this funding is put to maximum effect. We need to bring in some great teams that are paid out only for completed projects.
I think we need to present this idea to the community and let the debate begin. We need to pick out the pros and cons and then either go for it or not.
There is indeed no way to guarantee we would never do this again. I mean i guess it would depend how it turned out. If for example we did this and the services and projects created boosted qrk interest and uptake by 10000% by the time the qrk dev pot ran dry it would be view as an amazing success. If in future we wanted a nice development pot set up again, then it would again be up for vote. The bigger and more active you can grow this community on here and get people together the more the results of the vote have more power.
My opinion is that if was as a community (which i view to have some pretty smart people) can not take this 10% and use it to create at least a 100% gain in interest and uptake in QRK we need to quit this and join other communities that are attracting people and creating new inventive projects daily. I mean to fail we have to attract less than 10% new investment and interest in qrk. If that happened i am happy to accept we deserve to perish.
If the vote was no, then so be it. The community have spoken. I do think though a lot of people say yes or no without fully considering all possible outcomes and the level of risk and reward. To me the risk is nothing to the possible reward. We are at about 1/15th of qrks peak value, yes i know we could be back up with a few btc worth of qrk taken off of the market but still we are sinking against BTC daily.
Right now we can sit here watching QRK sink or do try some things.In this case we're having a discussion when we both understand each other point of view.
But we will never come to an agreement on what is the best choice.
In my case , there is no financial motivation for any move. I see the superblock as a Pandora box that gets opened in a crypto world driven by hype.
If quark fails , from my point of view , it fails.Why bother reviving it when we could just as easy start a new coin without the faults.
In yours , there is the financial motivation.
You simply can't just say drop dead. You have only two choices:
- sell and take the loss
- bet everything on the superblock card.
I understand your point of view and your motivation. I would do the same if I were in your position just like you would be probably indifferent about the coin fate if you had 0 quarks.
One final rant...
Do you quark fanatics (not you cryptohunter) remember how you talked about doge and trashed it as a hype coin that would die in a week , a clone , a meme , a stupid coin
Seems like that coin has only one advantage , which is quark main weakness, a community that can raise at any time a huge amount of coins to sponsors any project.
Hi
Yes, of course you are correct. My motivation financial only. Yes again our choices are as you say.
You simply can't just say drop dead. You have only two choices:
- sell and take the loss
- bet everything on the superblock card.
I do think there are other choices. ROI projects and building services and features out slowly without the superblock. Changing the minimum block reward or moving to a full POS type set up.
However, yes at the end of the day my motivation is financial and those without that burden will perhaps see things differently. The only thing i would say is that ALL qrk holders should have the same motivation as myself, so they should me motivated toward the same actions. I guess since we have different motivations in this case then we will perhaps always see it differently
I hold to my belief that if every qrk holder is willing to take a 10% dilution in stake but at possible 10000% increase in financial gain measure against btc or fiat, they should be willing to take this chance. To lose here we would have to increase interest and input into qrk by less than 10%. If we do that and we really can not together plan,vote and execute some development and services that attract even a 10% gain in interest and financial investment in qrk then it is time for us to do as you say. Let it go and join other communities that have some kind drive and talent. I take nothing away from VIC and the core that are slogging away and have accomplished some HUGE things for qrk that could still turn this all around. I just think they alone with no funding will find it a long hard road to compete with communities full on enthusiasm and involvment from hundreds of active members.
If the super block idea is turned down then we need to find another way of getting people holding all of this qrk involved with the future developments. You simply can not have the vast bulk of a currency held by people outside of the community with no involvement with it. There is then simply no driving force to push it onward.
I would really like VIC, and the other core members to give opinion on this. I know they never say much about it but they must be highly frustrated with having no funding but working VERY hard on projects for very little personal return.
QRK is pretty much at the bottom i guess, because the big qrk holders have just taken most of it off of the market and forgot about crypto. However, we need to rise from here or it will just flouder around going nowhere fast. The shaq fu thing i think is very large and full credit to those that made that possible. That's the thing about qrk the core team do pop out now and then with very good news. However the lack of involvement from everyone else is what makes qrk appear dead, the thread never moves or has the same few people posting. Let's fix this and move ahead. The superblock managed perfectly with full transparency is the key. We are merely doing what should have been done at the start and has been done with most other successful coins. You need a bunch of coins that motivate the development of the coin. Not all the coins hoarded by investors who sit around waiting for others to make them rich.
There is another way but i just don't think it is as fair to the qrk community as a whole compared to the super block that will benefit all qrk holders from a financial perspective.
Let's hear from the foundation members ..... come on what about the superblock. Yes, no, and why you give your answer.
If nobody else wants it then fine let's forget it and move on to another plan but....When people in life offer me double or nothing i think about it, when people offer me more favourable odds i don't. The superblock in my opinion offers much better odds - it is a no brainer. If we fail after this then we deserve to go down. As others have said the management of it and the transparency are the key factors. This could bring back qrk holders to get involved and have their say. LOL even if we PM them all to vote and get them back in here to say yes or no.... they will be here and time to roll out some proposals for some big ROI projects