Author

Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 183. (Read 1031025 times)

hero member
Activity: 868
Merit: 1000
March 13, 2014, 07:02:57 AM
Come on guys lets get this going we are at 82 we need 500, get your friends and families, influential people you know, those who have lots of friend or followers to support this. It's going to be big, but only with your help.

Support the THUNDERCLAP
https://www.thunderclap.it/projects/9706-let-s-reinvent-money-together
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
March 12, 2014, 08:29:54 PM


There's plenty of good services in the US. Not sure what your point is there. New ones popping up all the time, e.g Atomic-Trade, licenced to trade crypto to USD, and bittrex, also US based. The UK has also just clarified tax laws to make it easier for UK services.

I don't want to come across as a troll who just turned up on your quark thread, but I took issue with QRK being called "fast" and "the most secure". To be fair to you guys, you have a great community. Best of luck to your coin.

I don't think you were trolling, its an aspect of different markets this market here is a mining market just like Cryptsy is a mining exchange, i'm not saying mining is not important it is , but one has to recognize that there is a whole other world out there.

the big question is confidence so that was my point, when Crypto is existing in a hostile environment in the US, when Banks and Banking agents are setting up institutions to fail, this come from that hostility its a known fact that BRICs nations do not have that hostility because they are not directly threatened by Crypto, only the Financial institutions that are attempting to rule the world are threatened.

if you have not been keeping up with things they are not in BRICs nations, while the Central Bank of China has influence its ultimately an institution, same with the Russian general situation etc.

in the West, due to weak government structures these financial institutions rule absolutely, that's ok if many can not understand that it take a little time to understand these things.

so in summary its about where is the safer place, in the West unless an exchange is definitly linked to a name we can trust, how do we know its not a Bank setup job?

then even if it is legit how can we know how much pressure Banks are putting on the owners? , this was obvious with the MtGox USD withdrawal issue.

BRICs Exchanges exist with no molesting hands, the best they can pull off is a DDos.

so right now the future of Crypto looks eastward to me, its not that simple but just how it looks.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
March 12, 2014, 06:20:21 PM

Let's get the pool to put up alerts for latest qrk projects too.

The thing i am trying to get across the most is that there are some wealthy people that like qrk, show them some returns and i am certain they could be persuaded to fund all types of projects.

POS added, wallet serious upgrade with more features , messages and news, even trading.  Advertising for businesses that adopt qrk in the wallet... the wallet really has to become the hub...people leave the wallet open constantly, it is news regarding qrk advancements, it is trading, it is advertising, it has some sophisticated mining stress controls. People leave it going and it has intensity controls so it only taxes their system 10%-15%... they don't notice it but are helping secure the network. They are rewarded for this. So much could be done with the wallet but it will cost quite a bit in dev. However if there were some good services through the wallet that charged a very small fee....those fee's are split to those that paid for this development.

Now to fund this kind of development is hard to reward the people that contribute and not just everyone owning qrk. Most people do not help projects, they do not donate. We need to give incentive.
With service based projects that charge a fee of a couple of % it is easy to pay back the contributors ... this way there will be plenty of funds for new projects... to hire coders, designers ...whatever we need.

I agree though for the most part people at ground level are not aware of the higher priorities and goals for the qrk foundation. A qrk membership site or mailing list is essential.

Qrk has a big community but for the most part is not working together ... with things like marketing there is a lot that can be done but we need to co-ordinate and reach qrk supporters when new campaigns are starting.

A lot of qrk development goes on without most of the qrk community being aware...qrk news and praise of those helping needs to be pushed out to the qrk community.

This thread is a good place to discuss projects and new development , and organise things like the fb thunderclap


Hey cryptohunter - believe me I'm hearing and really liking your insightful suggestions.

1. - Agree on the pools; I'm going to email them now.

2. Agree on trying to get the ball rolling on big, potentially profitable business ventures that are Quark centric.

3. I need to let Max comment on the wallet issue. Those suggestions - POS, etc are great.

4. Agree that ROI for big projects could self-propel by providing money for infrastructure, hiring, etc. I really like this suggestion.

5. I agree that this is a good venue to help organize. This forum provides a lot of exposure to potential investors, and I agree a lot more of the discussion should occur here.

Part of what we are trying to accomplish with the thunderclap campaign and associated Shaq campaign is to stir up interest in people regarding Quark again. Its been a little too quiet, and it is a VERY good coin for a number of reasons that could serve as a great foundation for a lot of payment related infrastructure. Its speed lends itself to point of service use. Its encryption both provides protection against attacks, and is a great marketing point. We're trying to spark public adoption which should get interest back in the coin, which should prompt services to start appearing. I totally agree that we should start brainstorming on services that have a fee component that could reward investment and provide salaries, etc. This is not lost on me, and I really encourage anyone with good ideas to start brainstorming here.

Vic

Hey yep i love the shaq thing 100% i think it's a great idea.

Also max has been great i mean qrk has been awesome from the start and is still a pleasure to use and one of the best coins around without doubt. I mean even the qrk clones have to try and latch on to the qrk name also. These coins i prefer to think now of them as tribute coins really.

However there is only so much one programmer can do. We need to bring in many more coders and get many more useful quark services going asap.


There are so many service where a small % can be returned to investor either to say a limit of 3x their investment then the % goes into the qrk future development fund. Or else the retain this % endless.

I mean endless return is going get people throwing qrk in the pot for development pot, show people a return on their investment and risk they will come.




legendary
Activity: 2044
Merit: 1008
March 12, 2014, 04:05:49 PM
I'm very impressed by the creativity from the community. We are creating a bond, people are backing each other up, helping each other out. I like our community more and more.
We need to keep the momentum. The Quark topic at Bitcointalk has been active again. Quarks dev showed up too. Remember that we should keep this momentum.
Also remember that the success of a Crypto is 50% features and 50% promotion and raising awareness. The first 50% we have already in the pocket, we need to focus on the second part which we are doing good lately. If a coin is going to succeed it needs to be attacked in every conceivable way and show it can't be hurt.
We need to keep it up so that when bigger exchanges start to trade alts we will be noticed. So raising awareness and promotion is what we should focus on so when the big rise happens we are on the first row to ride the wave of success.
sr. member
Activity: 359
Merit: 250
March 12, 2014, 03:55:02 PM

Let's get the pool to put up alerts for latest qrk projects too.

The thing i am trying to get across the most is that there are some wealthy people that like qrk, show them some returns and i am certain they could be persuaded to fund all types of projects.

POS added, wallet serious upgrade with more features , messages and news, even trading.  Advertising for businesses that adopt qrk in the wallet... the wallet really has to become the hub...people leave the wallet open constantly, it is news regarding qrk advancements, it is trading, it is advertising, it has some sophisticated mining stress controls. People leave it going and it has intensity controls so it only taxes their system 10%-15%... they don't notice it but are helping secure the network. They are rewarded for this. So much could be done with the wallet but it will cost quite a bit in dev. However if there were some good services through the wallet that charged a very small fee....those fee's are split to those that paid for this development.

Now to fund this kind of development is hard to reward the people that contribute and not just everyone owning qrk. Most people do not help projects, they do not donate. We need to give incentive.
With service based projects that charge a fee of a couple of % it is easy to pay back the contributors ... this way there will be plenty of funds for new projects... to hire coders, designers ...whatever we need.

I agree though for the most part people at ground level are not aware of the higher priorities and goals for the qrk foundation. A qrk membership site or mailing list is essential.

Qrk has a big community but for the most part is not working together ... with things like marketing there is a lot that can be done but we need to co-ordinate and reach qrk supporters when new campaigns are starting.

A lot of qrk development goes on without most of the qrk community being aware...qrk news and praise of those helping needs to be pushed out to the qrk community.

This thread is a good place to discuss projects and new development , and organise things like the fb thunderclap


Hey cryptohunter - believe me I'm hearing and really liking your insightful suggestions.

1. - Agree on the pools; I'm going to email them now.

2. Agree on trying to get the ball rolling on big, potentially profitable business ventures that are Quark centric.

3. I need to let Max comment on the wallet issue. Those suggestions - POS, etc are great.

4. Agree that ROI for big projects could self-propel by providing money for infrastructure, hiring, etc. I really like this suggestion.

5. I agree that this is a good venue to help organize. This forum provides a lot of exposure to potential investors, and I agree a lot more of the discussion should occur here.

Part of what we are trying to accomplish with the thunderclap campaign and associated Shaq campaign is to stir up interest in people regarding Quark again. Its been a little too quiet, and it is a VERY good coin for a number of reasons that could serve as a great foundation for a lot of payment related infrastructure. Its speed lends itself to point of service use. Its encryption both provides protection against attacks, and is a great marketing point. We're trying to spark public adoption which should get interest back in the coin, which should prompt services to start appearing. I totally agree that we should start brainstorming on services that have a fee component that could reward investment and provide salaries, etc. This is not lost on me, and I really encourage anyone with good ideas to start brainstorming here.

Vic
full member
Activity: 222
Merit: 100
March 12, 2014, 01:50:15 PM
Updated Windows wallet available - 0.8.3r18

huge change in the orphan rate since the new wallet app was released.

http://bitinfocharts.com/comparison/orphaned-qrk.html

fork?

We're investigating - at this time, thanks a to a quick email from Max, there is NO FORK detected. I'll let him further confirm though.

Vic

No fork detected on this side. I checked several nodes running both the old and new version of the wallet/daemon and they are all in sync.

Quark has both hard-coded checkpoints and broadcast check-points to mitigate forks in the block-chain.

If anyone would like to double-check that they are on the correct chain:

Code:
getblockhash 716590
0000000002b691588888763201805d6dc9ba679f83df5c3e655f64d1a8457b0a

Confirmed
received block 0000000002b691588888763201805d6dc9ba679f83df5c3e655f64d1a8457b0a
CheckSyncCheckpoint: nHeight=716590, hashSyncCheckpoint=000000000b7ff81465bda640b6897471a20f6eac0d4c8ec7d890aae93c01d884
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
March 12, 2014, 12:03:10 PM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

Fast IS important. If you are using a point of service device to purchase in a store, you can get several confirmations within 30s-1min for Quark, unlike other coins. This provides a close approximation to using a debit or credit card and provides the merchant security and insurance against fraudulent transactions.

Darkcoin will never get widely accepted. The name screams black market, as does the anonymity which will cause mainstream adopters to shy away. It will have a large and important niche - but in a different sector than Quark. We can, and desire to co-exist.

Everyone keeps screaming that the coin is mined out. Are they in this to make a quick buck or to establish a viable payment system? Quark has real benefits over bitcoin for merchants and service providers. It is a quality product, and if you want to make money, you can invest in it as it increases its market share. Also, the Quark Foundation mining pool is coming down the pipeline, as well as an auto mining wallet which will use a small proportion of your CPU power to mine and support the network. As the adoption increases, and the average number of wallets open at any time increases, the Quark hash rate will increase on its own, ensuring its survival.

Support a Quality product and service. Support Quark.

Support the THUNDERCLAP
https://www.thunderclap.it/projects/9706-let-s-reinvent-money-together


Vic

Yes spread this everywhere, we should get influential or those with lots of Facebook/twitter friends to support it. Or influential people in the business/tech industry as long as the social reach will be high. I send a message to Vitaly he makes prank video on Youtube has 800k subscribers on FB, hopefully he will support, oh well it's a try. Lets go Thunderclap!!


Simple we give out some qrks to people to help spread this on social networks... we just need someone to run it. We start a pot and give out coins for people helping to promote this.

Really we should already have a website where quark owners can sign up and get notifications ....we then sent out the message we are starting this campaign... qrk owners all help. Problem is most store their qrk and do not keep appraised with qrks progress.

Be good to get coding new wallet, where the quark owners could get messages pop up for stuff like this, latest qrk news.... with enough funding is this kind of thing possible?

We are trying to centralize the news on the official Quark website - that's what I've been posting about for the last 1.5 weeks... I agree though - I will talk with James about adding a button to subscribe to email updates.

On the wallet - we'll have to see. There are more pressing things like the mining pool.

Setting up a facuet with a Thunderclap link might work... hmmm...

www.qrk.cc/press

Vic

Let's get the pool to put up alerts for latest qrk projects too.

The thing i am trying to get across the most is that there are some wealthy people that like qrk, show them some returns and i am certain they could be persuaded to fund all types of projects.

POS added, wallet serious upgrade with more features , messages and news, even trading.  Advertising for businesses that adopt qrk in the wallet... the wallet really has to become the hub...people leave the wallet open constantly, it is news regarding qrk advancements, it is trading, it is advertising, it has some sophisticated mining stress controls. People leave it going and it has intensity controls so it only taxes their system 10%-15%... they don't notice it but are helping secure the network. They are rewarded for this. So much could be done with the wallet but it will cost quite a bit in dev. However if there were some good services through the wallet that charged a very small fee....those fee's are split to those that paid for this development.

Now to fund this kind of development is hard to reward the people that contribute and not just everyone owning qrk. Most people do not help projects, they do not donate. We need to give incentive.
With service based projects that charge a fee of a couple of % it is easy to pay back the contributors ... this way there will be plenty of funds for new projects... to hire coders, designers ...whatever we need.

I agree though for the most part people at ground level are not aware of the higher priorities and goals for the qrk foundation. A qrk membership site or mailing list is essential.

Qrk has a big community but for the most part is not working together ... with things like marketing there is a lot that can be done but we need to co-ordinate and reach qrk supporters when new campaigns are starting.

A lot of qrk development goes on without most of the qrk community being aware...qrk news and praise of those helping needs to be pushed out to the qrk community.

This thread is a good place to discuss projects and new development , and organise things like the fb thunderclap.



sr. member
Activity: 359
Merit: 250
March 12, 2014, 11:45:00 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

Fast IS important. If you are using a point of service device to purchase in a store, you can get several confirmations within 30s-1min for Quark, unlike other coins. This provides a close approximation to using a debit or credit card and provides the merchant security and insurance against fraudulent transactions.

Darkcoin will never get widely accepted. The name screams black market, as does the anonymity which will cause mainstream adopters to shy away. It will have a large and important niche - but in a different sector than Quark. We can, and desire to co-exist.

Everyone keeps screaming that the coin is mined out. Are they in this to make a quick buck or to establish a viable payment system? Quark has real benefits over bitcoin for merchants and service providers. It is a quality product, and if you want to make money, you can invest in it as it increases its market share. Also, the Quark Foundation mining pool is coming down the pipeline, as well as an auto mining wallet which will use a small proportion of your CPU power to mine and support the network. As the adoption increases, and the average number of wallets open at any time increases, the Quark hash rate will increase on its own, ensuring its survival.

Support a Quality product and service. Support Quark.

Support the THUNDERCLAP
https://www.thunderclap.it/projects/9706-let-s-reinvent-money-together


Vic

Yes spread this everywhere, we should get influential or those with lots of Facebook/twitter friends to support it. Or influential people in the business/tech industry as long as the social reach will be high. I send a message to Vitaly he makes prank video on Youtube has 800k subscribers on FB, hopefully he will support, oh well it's a try. Lets go Thunderclap!!

Awesome! We're trying to get Bill Still onboard too!
Vic
sr. member
Activity: 359
Merit: 250
March 12, 2014, 11:37:11 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

Fast IS important. If you are using a point of service device to purchase in a store, you can get several confirmations within 30s-1min for Quark, unlike other coins. This provides a close approximation to using a debit or credit card and provides the merchant security and insurance against fraudulent transactions.

Darkcoin will never get widely accepted. The name screams black market, as does the anonymity which will cause mainstream adopters to shy away. It will have a large and important niche - but in a different sector than Quark. We can, and desire to co-exist.

Everyone keeps screaming that the coin is mined out. Are they in this to make a quick buck or to establish a viable payment system? Quark has real benefits over bitcoin for merchants and service providers. It is a quality product, and if you want to make money, you can invest in it as it increases its market share. Also, the Quark Foundation mining pool is coming down the pipeline, as well as an auto mining wallet which will use a small proportion of your CPU power to mine and support the network. As the adoption increases, and the average number of wallets open at any time increases, the Quark hash rate will increase on its own, ensuring its survival.

Support a Quality product and service. Support Quark.

Support the THUNDERCLAP
https://www.thunderclap.it/projects/9706-let-s-reinvent-money-together


Vic

Yes spread this everywhere, we should get influential or those with lots of Facebook/twitter friends to support it. Or influential people in the business/tech industry as long as the social reach will be high. I send a message to Vitaly he makes prank video on Youtube has 800k subscribers on FB, hopefully he will support, oh well it's a try. Lets go Thunderclap!!


Simple we give out some qrks to people to help spread this on social networks... we just need someone to run it. We start a pot and give out coins for people helping to promote this.

Really we should already have a website where quark owners can sign up and get notifications ....we then sent out the message we are starting this campaign... qrk owners all help. Problem is most store their qrk and do not keep appraised with qrks progress.

Be good to get coding new wallet, where the quark owners could get messages pop up for stuff like this, latest qrk news.... with enough funding is this kind of thing possible?

We are trying to centralize the news on the official Quark website - that's what I've been posting about for the last 1.5 weeks... I agree though - I will talk with James about adding a button to subscribe to email updates.

On the wallet - we'll have to see. There are more pressing things like the mining pool.

Setting up a faucet with a Thunderclap link might work... hmmm...

www.qrk.cc/press

Vic
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
March 12, 2014, 11:31:15 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

Fast IS important. If you are using a point of service device to purchase in a store, you can get several confirmations within 30s-1min for Quark, unlike other coins. This provides a close approximation to using a debit or credit card and provides the merchant security and insurance against fraudulent transactions.

Darkcoin will never get widely accepted. The name screams black market, as does the anonymity which will cause mainstream adopters to shy away. It will have a large and important niche - but in a different sector than Quark. We can, and desire to co-exist.

Everyone keeps screaming that the coin is mined out. Are they in this to make a quick buck or to establish a viable payment system? Quark has real benefits over bitcoin for merchants and service providers. It is a quality product, and if you want to make money, you can invest in it as it increases its market share. Also, the Quark Foundation mining pool is coming down the pipeline, as well as an auto mining wallet which will use a small proportion of your CPU power to mine and support the network. As the adoption increases, and the average number of wallets open at any time increases, the Quark hash rate will increase on its own, ensuring its survival.

Support a Quality product and service. Support Quark.

Support the THUNDERCLAP
https://www.thunderclap.it/projects/9706-let-s-reinvent-money-together


Vic

Yes spread this everywhere, we should get influential or those with lots of Facebook/twitter friends to support it. Or influential people in the business/tech industry as long as the social reach will be high. I send a message to Vitaly he makes prank video on Youtube has 800k subscribers on FB, hopefully he will support, oh well it's a try. Lets go Thunderclap!!


Simple we give out some qrks to people to help spread this on social networks... we just need someone to run it. We start a pot and give out coins for people helping to promote this.

Really we should already have a website where quark owners can sign up and get notifications ....we then sent out the message we are starting this campaign... qrk owners all help. Problem is most store their qrk and do not keep appraised with qrks progress.

Be good to get coding new wallet, where the quark owners could get messages pop up for stuff like this, latest qrk news.... with enough funding is this kind of thing possible?
legendary
Activity: 2044
Merit: 1008
March 12, 2014, 11:19:25 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

Fast IS important. If you are using a point of service device to purchase in a store, you can get several confirmations within 30s-1min for Quark, unlike other coins. This provides a close approximation to using a debit or credit card and provides the merchant security and insurance against fraudulent transactions.

Darkcoin will never get widely accepted. The name screams black market, as does the anonymity which will cause mainstream adopters to shy away. It will have a large and important niche - but in a different sector than Quark. We can, and desire to co-exist.

Everyone keeps screaming that the coin is mined out. Are they in this to make a quick buck or to establish a viable payment system? Quark has real benefits over bitcoin for merchants and service providers. It is a quality product, and if you want to make money, you can invest in it as it increases its market share. Also, the Quark Foundation mining pool is coming down the pipeline, as well as an auto mining wallet which will use a small proportion of your CPU power to mine and support the network. As the adoption increases, and the average number of wallets open at any time increases, the Quark hash rate will increase on its own, ensuring its survival.

Support a Quality product and service. Support Quark.

Support the THUNDERCLAP
https://www.thunderclap.it/projects/9706-let-s-reinvent-money-together


Vic

Yes spread this everywhere, we should get influential or those with lots of Facebook/twitter friends to support it. Or influential people in the business/tech industry as long as the social reach will be high. I send a message to Vitaly he makes prank video on Youtube has 800k subscribers on FB, hopefully he will support, oh well it's a try. Lets go Thunderclap!!
member
Activity: 70
Merit: 10
GambleX Exchange/Gambling
March 12, 2014, 11:08:34 AM
PSA: Gamblex has added QuarkCoin to their supported coins. We will provide an exchange and a gambling section where you can trade and gamble with QRK! Check out now, how you can profit from this. Investing is open now!

Thread: https://bitcointalksearch.org/topic/anninvest-gamblex-last-chance-to-invest-today-join-now-498311
sr. member
Activity: 359
Merit: 250
March 12, 2014, 10:56:39 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

"Darkcoin in terms of hashing functions it is a combination of Quark's 6 hashing functions and Qubit-coin's 5 hashing functions, so in total Darkcoin has 11. Five of Quark's hashing functions (Blake, Grøstl, JH, Keccak and Skein) were the finalists of the NIST competition https://en.wikipedia.org/wiki/NIST_hash_function_competition
But Quark is using 9 rounds of hashing: while using 6 rounds from Blake, Blue Midnight Wish, Grøstl, JH, Keccak and Skein it adds 3 more rounds of hashing randomly: so the computer doesn't know whether it will be Keccak or Grøstl or Blake. And that's one of the uniqiue beauties of Quark. Unfortunately, Darkcoin or Qubitcoin don't do that: the computer remains certain about which hashing function will be used.

In addition, Darkcoin's block generation time is 2.5minutes (150seconds), while Quark is 30 seconds. Which means that Quarks algorithm with an element of randomness (unpredictability) will have to be cracked in 30 seconds to create a double-spend fork, while for Darkcoin this window of opportunity for the attacker is 5 timeslonger: 150 seconds with no element of randomness. If you take all these factors into account, Quark is still the most secure - it's not only about the number of hashing functions."

Great explanation - FYI, I'm going to copy this for future reference and to use it for promotion if you're okay with that.
Thank you!
Vic
full member
Activity: 140
Merit: 100
March 12, 2014, 10:21:49 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

"Darkcoin in terms of hashing functions it is a combination of Quark's 6 hashing functions and Qubit-coin's 5 hashing functions, so in total Darkcoin has 11. Five of Quark's hashing functions (Blake, Grøstl, JH, Keccak and Skein) were the finalists of the NIST competition https://en.wikipedia.org/wiki/NIST_hash_function_competition
But Quark is using 9 rounds of hashing: while using 6 rounds from Blake, Blue Midnight Wish, Grøstl, JH, Keccak and Skein it adds 3 more rounds of hashing randomly: so the computer doesn't know whether it will be Keccak or Grøstl or Blake. And that's one of the uniqiue beauties of Quark. Unfortunately, Darkcoin or Qubitcoin don't do that: the computer remains certain about which hashing function will be used.

In addition, Darkcoin's block generation time is 2.5minutes (150seconds), while Quark is 30 seconds. Which means that Quarks algorithm with an element of randomness (unpredictability) will have to be cracked in 30 seconds to create a double-spend fork, while for Darkcoin this window of opportunity for the attacker is 5 timeslonger: 150 seconds with no element of randomness. If you take all these factors into account, Quark is still the most secure - it's not only about the number of hashing functions."

That's a great explanation, thanks. Good to see an informed opinion.
hero member
Activity: 868
Merit: 1000
March 12, 2014, 10:12:48 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

"Darkcoin in terms of hashing functions it is a combination of Quark's 6 hashing functions and Qubit-coin's 5 hashing functions, so in total Darkcoin has 11. Five of Quark's hashing functions (Blake, Grøstl, JH, Keccak and Skein) were the finalists of the NIST competition https://en.wikipedia.org/wiki/NIST_hash_function_competition
But Quark is using 9 rounds of hashing: while using 6 rounds from Blake, Blue Midnight Wish, Grøstl, JH, Keccak and Skein it adds 3 more rounds of hashing randomly: so the computer doesn't know whether it will be Keccak or Grøstl or Blake. And that's one of the uniqiue beauties of Quark. Unfortunately, Darkcoin or Qubitcoin don't do that: the computer remains certain about which hashing function will be used.

In addition, Darkcoin's block generation time is 2.5minutes (150seconds), while Quark is 30 seconds. Which means that Quarks algorithm with an element of randomness (unpredictability) will have to be cracked in 30 seconds to create a double-spend fork, while for Darkcoin this window of opportunity for the attacker is 5 timeslonger: 150 seconds with no element of randomness. If you take all these factors into account, Quark is still the most secure - it's not only about the number of hashing functions."
full member
Activity: 140
Merit: 100
March 12, 2014, 09:16:36 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

thats a tiny bit ironic considering your signature has Premine coin in it ?

of course it looks dead here - this is a development forum plus a forum full of increasingly angry miners that are losing profit due to the slow/fast death of both SCRYPT and SHA256 as decentralized algos.

if we tied Quark to this boat it would surely sink just like the MtGox set up, no , with all due respect we will seek new waters, anyone here that sees outside the narrow confines of a mining profitability calculator can come along for the ride, if not, that's really no problem.

in fact with all due respect it remains to be seen if Crypto really has much of a future in the USA at all, with all the trusted exchanges now in Russia or China, and lots of services popping up in both EU proper and Eastern EU / Dev nations.

it looks like the combined effort of Regulation and the Banks that run the Government are going to turn some parts of the "west" and specifically the USA into a Soviet Crypto state.

the rest of the world will move forward.

a good way to look at it is , Russia China and the BRICs are "Android" and the West and the USA are "iOS".

there will be a clear winner and loser here.

so should Quark tie its self to a loser nation run by Banks , or try to develop anywhere it can but specifically in the areas that are obviously less risky, fortunately intelligent US citizen can come along for the ride as Crypto is supranational.

some will lots won't , that life , that's the free market.

There's plenty of good services in the US. Not sure what your point is there. New ones popping up all the time, e.g Atomic-Trade, licenced to trade crypto to USD, and bittrex, also US based. The UK has also just clarified tax laws to make it easier for UK services.

I don't want to come across as a troll who just turned up on your quark thread, but I took issue with QRK being called "fast" and "the most secure". To be fair to you guys, you have a great community. Best of luck to your coin.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
March 12, 2014, 08:44:51 AM
speaking of non gimmicky Merchant of the week has to go to:

APPs for Coins - here essentially is the future of Quark type payments, notice these guys "get it" hosting Quark and Bitcoin.

Bitcoin because its known and in the market Quark because its the future of micro transactions.

1000++ points for selling Communist iOS APPS for Free-market Crypto !  

 http://www.appsforcoins.com/?currency=QRK

Apps for Coins is the perfect example of a great mico business, they should add a donation 1% option like Pock.io.

ive already purchased APPs its great, i gave them away to the poor unfortunate that own Apple products ha ha .

legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
March 12, 2014, 08:22:26 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

Another person who does not see things as they actually are.. QRK has a great foundation, and great community and is very well known. Mining means nothing as has been explained to you a million times over. It is merely a form of distribution, the fact is qrk is distributed via the market and has been for months, the mining stage is no longer needed. It is good actually since cost of maintaining price is very cheap. The market price you are seeing is nothing more drastic that the ltc drop or most other alts.

Also if you know anything at all you will see there is only a tiny fraction of qrk for sale at anytime compared to the over all minting. The market value is so EASY to manipulate just a few btc like 10.... can move the price 50% either way.

The big wallets never move their qrk it is locked in. These people are not selling.

However if you watch carefully you can see exactly what is happening .... i watch the market CONSTANTLY.  Watch it yourself.

Whales are dripping the market price down with little bits...... trying to get panic sellers to dump largish chunks.... then all of a sudden BOOM 5 BTC order comes in and takes away the big chunk. Happens over and over. Keep watching.  Someone or some people want qrk for cheap and are sucking it up chunks so as not to bump the price back up.

Where qrk is succeeding is at the top level, they are working on non gimmicky things with a view to seeing qrk accepted where btc and ltc will be ...and forget a lot of new blood likes to see gimmicks or really not gimmicks but tangible useful things they can see are fun or useful to them now. This is where qrk is not doing as well as other coins. They have a LOT of wealth in this coin they should be pushing out services privately funded that give returns to investors that fund the creation of that service.

However long-term qrk is a great buy, if you are a serious crypto investor without qrk in your portfolio then something is certainly wrong with your portfolio.

Right now 90% of coins are slumped including LTC.... that does not mean these are not the coins to be in looking to the mid- long term.

I hold over 100 different coins.... however i will always have a good % of qrk in there. Same for doge and ltc. I do dip in and out trying to increase my number of coins so i like dips and spikes.



hero member
Activity: 798
Merit: 1000
‘Try to be nice’
March 12, 2014, 08:16:44 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

thats a tiny bit ironic considering your signature has Premine coin in it ?

of course it looks dead here - this is a development forum plus a forum full of increasingly angry miners that are losing profit due to the slow/fast death of both SCRYPT and SHA256 as decentralized algos.

if we tied Quark to this boat it would surely sink just like the MtGox set up, no , with all due respect we will seek new waters, anyone here that sees outside the narrow confines of a mining profitability calculator can come along for the ride, if not, that's really no problem.

in fact with all due respect it remains to be seen if Crypto really has much of a future in the USA at all, with all the trusted exchanges now in Russia or China, and lots of services popping up in both EU proper and Eastern EU / Dev nations.

it looks like the combined effort of Regulation and the Banks that run the Government are going to turn some parts of the "west" and specifically the USA into a Soviet Crypto state.

the rest of the world will move forward.

a good way to look at it is , Russia China and the BRICs are "Android" and the West and the USA are "iOS".

there will be a clear winner and loser here.

so should Quark tie its self to a loser nation run by Banks , or try to develop anywhere it can but specifically in the areas that are obviously less risky, fortunately intelligent US citizen can come along for the ride as Crypto is supranational.

some will lots won't , that life , that's the free market.
sr. member
Activity: 359
Merit: 250
March 12, 2014, 07:36:55 AM
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

Fast IS important. If you are using a point of service device to purchase in a store, you can get several confirmations within 30s-1min for Quark, unlike other coins. This provides a close approximation to using a debit or credit card and provides the merchant security and insurance against fraudulent transactions.

Darkcoin will never get widely accepted. The name screams black market, as does the anonymity which will cause mainstream adopters to shy away. It will have a large and important niche - but in a different sector than Quark. We can, and desire to co-exist.

Everyone keeps screaming that the coin is mined out. Are they in this to make a quick buck or to establish a viable payment system? Quark has real benefits over bitcoin for merchants and service providers. It is a quality product, and if you want to make money, you can invest in it as it increases its market share. Also, the Quark Foundation mining pool is coming down the pipeline, as well as an auto mining wallet which will use a small proportion of your CPU power to mine and support the network. As the adoption increases, and the average number of wallets open at any time increases, the Quark hash rate will increase on its own, ensuring its survival.

Support a Quality product and service. Support Quark.

Support the THUNDERCLAP
https://www.thunderclap.it/projects/9706-let-s-reinvent-money-together

Vic
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