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Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 357. (Read 1031025 times)

sr. member
Activity: 350
Merit: 250
DTC unofficial team
November 30, 2013, 09:38:54 AM
I am trying to understand the description of quark.  I particularly unsure about how many coins is really available.  From this statement "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)", what does it mean?  What does the abbreviation "p.a. inflation" mean?

per annum

Thanks, so let me understand this. After the first 6 months there are a total of 247million quarks, 1 year after that, there will be 248million total, or 247 + 248 = 495millions total? my guess is 248millions, but I am not clear about the language.
247+1 = 248 Million

thanks


Doesn't that seem like a HUGGGE mistake for Quarkcoin? The few people that came on board to tinker with it at the start will literally already have about 99% of the coins that will be mined for years to come. How many miners of Quarkcoin are there?

The developer of Quarkcoin wasn't Satoshi - that's for sure.

I was QRK miner, mined a lot, but dumped at low price several months ago Sad
hero member
Activity: 924
Merit: 506
November 30, 2013, 09:37:14 AM
I am trying to understand the description of quark.  I particularly unsure about how many coins is really available.  From this statement "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)", what does it mean?  What does the abbreviation "p.a. inflation" mean?

per annum

Thanks, so let me understand this. After the first 6 months there are a total of 247million quarks, 1 year after that, there will be 248million total, or 247 + 248 = 495millions total? my guess is 248millions, but I am not clear about the language.
247+1 = 248 Million

thanks

Doesn't that seem like a HUGGGE mistake for Quarkcoin? The few people that came on board to tinker with it at the start will literally already have about 99% of the coins that will be mined for years to come. How many miners of Quarkcoin are there?

The developer of Quarkcoin wasn't Satoshi - that's for sure.
member
Activity: 100
Merit: 10
November 30, 2013, 09:32:05 AM
Holy moly! Just woke up and saw the price for 1 quark = 0.00021000 BTC
I bought some @ 0.00002100 BTC
Quark going to the moon!  Tongue


Thinking about buying some more, but now I get one 3rd of what I could get yesterday. Hard call
member
Activity: 83
Merit: 10
November 30, 2013, 09:24:37 AM
I am trying to understand the description of quark.  I particularly unsure about how many coins is really available.  From this statement "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)", what does it mean?  What does the abbreviation "p.a. inflation" mean?

per annum

Thanks, so let me understand this. After the first 6 months there are a total of 247million quarks, 1 year after that, there will be 248million total, or 247 + 248 = 495millions total? my guess is 248millions, but I am not clear about the language.
247+1 = 248 Million

thanks
legendary
Activity: 1901
Merit: 1024
November 30, 2013, 08:50:32 AM
Please help with quark wallet , have some immature 15 weeks old block inside but it would not sync, no block source available, need addnone?

legendary
Activity: 2674
Merit: 3000
Terminated.
November 30, 2013, 08:47:13 AM

Bill Still's Youtube video only has 9000 views at this point. I hardly think that is significant enough to cause this run-up.
That's a very small number.
sr. member
Activity: 434
Merit: 250
November 30, 2013, 08:36:24 AM
qrk... What are you doing going up like this!!

I think Bill Still was bribed and Max Keiser is helping indirectly.

Someone convince me this alt isn't a scam with the 6 month primary distribution - is there a top 100 QRK holder list?


Bill Still's Youtube video only has 9000 views at this point. I hardly think that is significant enough to cause this run-up.
full member
Activity: 222
Merit: 100
November 30, 2013, 08:30:53 AM
I am trying to understand the description of quark.  I particularly unsure about how many coins is really available.  From this statement "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)", what does it mean?  What does the abbreviation "p.a. inflation" mean?

per annum

Thanks, so let me understand this. After the first 6 months there are a total of 247million quarks, 1 year after that, there will be 248million total, or 247 + 248 = 495millions total? my guess is 248millions, but I am not clear about the language.
247+1 = 248 Million
member
Activity: 83
Merit: 10
November 30, 2013, 08:26:22 AM
I am trying to understand the description of quark.  I particularly unsure about how many coins is really available.  From this statement "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)", what does it mean?  What does the abbreviation "p.a. inflation" mean?

per annum

Thanks, so let me understand this. After the first 6 months there are a total of 247million quarks, 1 year after that, there will be 248million total, or 247 + 248 = 495millions total? my guess is 248millions, but I am not clear about the language.
sr. member
Activity: 308
Merit: 251
Giga
November 30, 2013, 08:25:01 AM
Too many coins means only short term returns and large dumps. On the long run it's not a great investment but a fantastic day to day digital online currency.
hero member
Activity: 798
Merit: 500
November 30, 2013, 08:13:04 AM
I am trying to understand the description of quark.  I particularly unsure about how many coins is really available.  From this statement "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)", what does it mean?  What does the abbreviation "p.a. inflation" mean?

per annum
member
Activity: 83
Merit: 10
November 30, 2013, 07:59:58 AM
I am trying to understand the description of quark.  I particularly unsure about how many coins is really available.  From this statement "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)", what does it mean?  What does the abbreviation "p.a. inflation" mean?
sr. member
Activity: 337
Merit: 250
https://streamies.io/
November 30, 2013, 07:58:32 AM
Max Keiser ‏@maxkeiser 41m
If Jesus were born today, the 3 wise men would bring him BTC, LTC and Quark.

https://twitter.com/maxkeiser

Cheesy
sr. member
Activity: 420
Merit: 250
"Proof-of-Asset Protocol"
November 30, 2013, 06:59:46 AM
About mining,

as i see in my pool  (http://qrk.mine-pool.net/) now 51 MH/s and if you have not so strong miner you don't receive payments well,

thats why i make another pool for mining: http://qrk2.mine-pool.net/index.html

PS: optimal hashrate is 20-30 MH/s for fast QUARK blocks Smiley
sr. member
Activity: 406
Merit: 250
November 30, 2013, 06:51:00 AM
qrk... What are you doing going up like this!!

I think Bill Still was bribed and Max Keiser is helping indirectly.

Someone convince me this alt isn't a scam with the 6 month primary distribution - is there a top 100 QRK holder list?
full member
Activity: 222
Merit: 100
November 30, 2013, 06:48:37 AM
Cryptsy Volume Quark at #1
QRK/BTC    Quark    1711 BTC    0.00011900    0.00014500    0.00002000
MEC/BTC    MegaCoin    1032 BTC    0.00223500    0.00223500    0.00067990
LTC/BTC    LiteCoin    1006 BTC    0.03650000    0.04099998    0.02610000
WDC/BTC    WorldCoin    408 BTC    0.00055450    0.00059500    0.00026720
PPC/BTC    PPCoin    193 BTC    0.00667000    0.00800000    0.00349995
full member
Activity: 222
Merit: 100
November 30, 2013, 06:44:14 AM
So, does any Chinese website have quark?
Bter.com is a chinese site that lists quark.
hero member
Activity: 1039
Merit: 507
November 30, 2013, 05:52:48 AM
qrk... What are you doing going up like this!!
sr. member
Activity: 350
Merit: 250
DTC unofficial team
November 30, 2013, 05:48:48 AM
Guys, I'm trying to syncronize my wallet - it stucks every 500 blocks, and only 1 connection (though I added some nodes). Tried on 2 machines in different places - the same result Sad
hero member
Activity: 686
Merit: 500
November 30, 2013, 05:31:54 AM
At least we can get a Chinese website up quick to convey them the specifications at a minimum.
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