Quark as it stands now is well known . . .
Can we clearly express in 20 words or less just what that is?
We need a starting point, and if we don't know where we've come from or who we currently are, then I would argue that trying to do anything with that basis would indeed be "pissing in the wind".
Like the old saying goes, "don't put the cart before the horse".
What is Quark well known for?
I would also stress the need to try and frame the response in positive since negative thinking usually leads nowhere.I will work on my summary description and post later. Hopefully we'll have something to compare.
Cheers,
You must not have been around Quark in November/December 2013 there were only a handful of crypto coins on coinmarketcap.com back then and Quark had a all new algo and new security features and was CPU optimized as lots could already foresee the mining monopoly bitcoin was heading toward. Quark was the most innovative creation back then.
So I should say that those who have been following this space since 2013 know Quark and Quark is famous. I apologize for my poor use of language, I am an Aussie so slang comes naturally to me.
Sorry, but I'm not talking about what Quark was. It's not about what it was, and even less so what those of us who were around in 2013 remember it to be. Quark is no longer famous like it was. It's a fading memory for those who remember it.
It's about what Quark is NOW. Obviously the CPU optimized angle no longer works as a marketing strategy. The "all new algo" needs revamping into something like "one of the most secure", for example. What else does it have that can be leveraged into a PR slogan? Still a widely distributed p2p? I think so.
What do you guys have to say about Quark's current positive points? (Reading your posts one gets the idea that you want to throw everything out with the bath water.)
qrk, cbx, wdc, dgb, mec
all the first wave super alts of 2013 are dead
I am totally up for throwing the baby out with the bath water. This coin and all those others are a prime example of total not moving with the times in and industry where moving constantly is key to success.
In 2014 if we have did what i said and move to POS with a built in dev fund and kept the foundation and development team funded you can be sure qrk would not have sunk to this dead level it is at now.
The only good thing qrk had going for it was the novel at the time algo.
It has nothing going for it now except the once famous name. Everything else about it needs a radical overhaul. So radical only a coin swap will take care of it.
Caution has no place in this industry right now except for those that have such luxury like perhaps the top 3 or 4 coins.
There is no point at all qrk just being coin 1001 on cmc going nowhere and getting more and more a distant memory. The only hope is of a collectors coin in perhaps 25 -100 yrs time.
Coin swap and burn to a PIVx type codebase is the way to go. Give it more than 3 months and that will not be worth doing either because every coinn and his dog is now switching to masternodes and POS.
The only hope is to action it now since we do have a developer with some kind of coding skill as opposed to those other coins that are renting journeyman type devs who will not stick to that project.
quark has a few advantages over a lot of these new ones trying to jump on the dash pivx train
1. famous name
2. good distribution
3. a dev that can code and update
4. a good exchange that many dont have btc38 (although we are not on bittrex or polo)
5. many investors outside of this board that are long term investors i suspect many want good returns so they will hold perhaps until 100k sats
6. therefore easy to restore a reasonable cap
7. I suspect some powerful whales. There were 1 million qrk buys at 15000 20000 sats price. I wonder where they are and who is holding them
Plan of action...
1. official announcement we are moving to this updated system - think PIVx but with our own improvements tagged on too.
I would think - tiered POS levels up to that of the level of becoming a masternode depending on coins held and duration of coins held. Also even masternodes could be tiered and get more for uptime and duration of masternode. I'm sure it would not be hard to think of other improvements too.
We need the funding and governance features.
MUE just announced going masternode and their price went from 80 sats to 5000 - that is just ANNOUNCED IT that was just the effect of announcing it not implementing it.
MUE is not quark.
We need a full time dev team. Quark is reduced to this level because of lack of development and community. Where there is no development you will find zero community and interest.
Devs even those with great tech abilities are often the worst at marketing and gaining traction for their creations.
This thread is dead. There are 3 people discussing the future of qrk.
We need a new thread. We need a new coinbase. We need a new dev team and foundation and funding. This dev has skill and can over see all of this but he is hardly ever here and I suspect owns little qrk so has little motivation and incentive. Probably has a great job and isn't going to give that up anytime soon to go full time on qrk.
We need bounties for devs that have done this before on other coins and can just replicate their work on QRK.
Inaction or caution is the death of coins. I'd rather qrk goes to 0 sats and I close my book on it and move to projects that are moving ahead than sit here twiddling thumbs discussing forever the same things I was discussing 3 yrs ago.
Do or die for qrk now. Time is running out.