I'm guessing Max has the last say in this?
Decred.
Yay or Nay, President
That's not really how decentralised projects work. Many a project has a community take over.
However yes max will have a big say of course but not the final say.
If the communities will is to become a decred or pivx type coin then thats how it will go.
Of course if max has a very good reason that makes sense to not go that way the community I am sure will listen to this and take heed.
Im sure every quark holder wants what is best for quark and their quark investment.
I am very interested to hear what max says on this myself.
I can see no good reason not to do this but then if you don;t understand the tech it may sound a good idea but may not be one in actuality. I await to hear if max says there is a negative side to going this route.
If nothing there are not proven negatives to going that route then I am sure the community will want to do something now that quark has been reduced to practically a shadow of itself.
We cant hang around forever though waiting for this.
I think if after another 7 days no negatives are outlined for this course of action it will be time to proceed.
We seem to have been chasing our tail for months and this has resulted in a crash from 4k sats to 50 sats. This is not the intended consequence we all had in mind.
Sorry - wanted to think about things and chat with Max before I weighed in at all, as I'm also not as familiar with the technical side.
The benefits of a coin swap are obvious - rapid move forward to a modern code base from which to develop further, which removes the lengthy development cycle and reduces manpower, capital investments, and time to achieve the result. These are all very valuable assets, and this does probably serve current investors well in my opinion.
The drawback is that you are eliminating the old blockchain with its history, and are potentially leaving people holding historic assets out in the cold in favor of currently active members given that there is a bias towards those people being able to know about and act upon the swap. You could potentially also commit to swapping for people that pop up later as well, but it makes it a little difficult I'd think, and is certainly a barrier for those people.
On potential coins to swap to - according to Max, when he looked the majority of coins that would be reasonable swap candidates, he found that most are based upon and older bitcoin code base than what we are sitting at, which means in order to get segwit, etc, then you'd have to turn around and upgrade the code base, which I believe would take a lot of work for many of these more complicated projects.
Decred is an exception to this - however, from what Max indicated, it is actually not based on bitcoin code - it has been built using a new code base written not in C++, but GO. Therefore, there are few/no other projects that you can easily employ code from for upgrades, and you would either have to build the upgrades completely yourself, or rely upon the Decred team to do it first. This has advantages and disadvantages - if you have a skilled team, you'd have a good code base to start from and could focus on innovation. However, alternatively it could pose a real struggle to upgrade if you don't have the manpower.
With the decentralized governance/funding, you could hire - however Max did also indicate that developers with the required skills would be harder to find. Max himself is not as familiar with GO from what I understand.
