Topic: [ANN] [QRK] Quark | POW/POS | 0.10.6.3 - New Self Moderated Thread - page 19. (Read 64181 times)

Last block was 7156399 at 2019-08-25 00:52:55 (UTC). An again no information from the developers.
What a pity!

It looks that there is no new block anymore since more than 5 hours. Have other the same problem?

The addition of Masternodes also means that Quark will now have a development fund to use for future projects.

Reward of masternode

Calculate 1% of the total amount each year as a reward for the MN in a year
The reference for ROI is （2019-2020）
Suppose 500 MN， ROI is ≈50%
Suppose 1000 MN， ROI is ≈25%
Suppose 2500 MN ，ROI is ≈10%

Each node requires 10000QRK

Thanks for recent attention
I'll answer some of the latest questions
I hope I can help as much as possible

-----

In 2017, after years of observing the market
Quark team think pure POW has been unable to meet the demand of development
After the team communicates with the community, the exchange and the mine pool
The vote has decided to upgrade POW+POS+MN

Funded by Max, Crage and Vic, the first phase of upgrade was initiated
They are fantastic contributors
Crage is responsible for the upgrade of the MN
But upgrading from the original chain is far more difficult than copying a piece of code
The test found that our masternode section did not work properly
So in November 2017
We prioritized the release of POW/POS as a transition phase
In the months that followed, third-party development teams stopped providing follow-on development for some reason
（I think the main reason is that the difficulty of development is out of proportion to the reward.This is where the old foundation model feels powerless.）
Then Crage left

After team coordination
I borrowed $20,000 from the owner of the AEX Exchange.（Mr. Huang）
MJ takes over the second phase of masternode development
After nearly ten months of development
The code passed the test.
But did not pass Max's friend's third-party test
MJ thought he was hurt. I think I can understand him to a certain extent.
Then MJ left with the code.
He went to publish QRK2, which you mentioned.（Of course, I don't like him to do that, because that's the code that cost the Foundation $13,000 to complete. It should belong to the Foundation's property.）

Next, at Max's suggestion
I took over the development of the main node.
Because 0.10.6.3 has invalid master node code
So first we need to delete them and release stable versions.（0.10.6.5）
Then add the MN code of DASH.（0.10.7）
Then I met a great developer who had enough skills to help us accomplish the task.And he's very reliable.
The only disadvantage is that his time is not stable enough, often because of some reasons can not be timely development.
I personally lent the foundation new development costs.
The third phase of upgrading officially began
It still takes a long time.
Our simultaneous release of 0.10.6.5 and 0.10.7

You should have heard about the next developments.
We have been strongly attacked.
In 0.10.7.1, we repaired the broken fork.
But there are still two problems to be solved.（These include frequent wallet crashes.）
We have fixed these problems in 0.10.7.2.
At present, the network has restored stability.
But 0.10.7.2 still needs a few days to be officially released, and I hope it will be completed in a week.

I'm sorry for many accidents during the upgrade process.
But I believe that in the future we will have sufficient conditions to ensure that everything works smoothly.

Thank you very much, due to carelessness I was mistaken in topics

If you're talking about Quarkchain then you're in the wrong thread.  Try here.  https://bitcointalk.org/index.php?topic=3587645.400

I have several thousand QRK tokens in my wallet (mobile qPocket). Will the exchange for new QRK2 tokens be made automatically in the wallet? Or should I withdraw to some exchange where a swap of coins is held?

Not the same thing at all.
QRK2 was another quark clone with the Pivx MN built on top.
It has been rebranded Pivx Lite.

The original Quark is always QRK.  It now has in addition the Dash MN code.
Hope that helps.

You can know how much masternodes are online from the wallet with the command "masternode count".
If you have the number of coins produced by the time frame that interests you, you just have to divide the total production by the number of the masternodes and you get in theory of how much coins each masternode will have.

How much is masternode currently ?? And what is roi ?? because the data from masternodes.online is incorrect

Can someone give complete information about when the bonus program will be credited? The coin swap, as I understand it, is already in full swing, but there is no expected accrual. Will the final date for accrual be announced?

Hello, I'm new, how to set masternode for this coin ??

I see QRK and QRK2 coins in the exchanges.

I have read the last pages of this thread and from what I understood there was an upgrade to move from the original Quark algorithm to a masternode system.

However, on the exchanges websites, there are two coins listed, QRK and QRK2. Are these the same thing ?

Great work!

But trust has something to do with communication. We understand all problems and stand behind you, but you also have to inform us. Especially if there are no rewards for 1.5 days.

We will continue to set up MN and hope that there will be more frequent updates now.

The rewards are coming again ;-)

still looking to see if there is a script for masternodes?

Quark is a very good project
Quarks upgrade from the original chain, some problems are inevitable

There is even interference from attackers, which causes the recent master node not to allocate rewards



But you have to trust quarks to get out of this mess



There will be a reward distribution from today
We have ensured that the pool has used the new version

Now that we have upgraded to the master node version, The biggest problem has been solved
Then it's just a matter of optimization

Now already one and a half days no master node reward and no reaction or a definite appointment from the developers. It's a shame because it seemed to be a good project, but it seems more and more dead.
We will probably remove our 2 master nodes from the net tomorrow, because unfortunately a cooperation with the developers seems impossible here.

Now no reward for more than 1 day. How can this be a problem from hackers?

since 15 hours no rewards :-(