Topic: [SNIFF] Quarkcoin - The truth about this coin (Read 7131 times)

You can also just ignore it if you think it is of zero relevance ;-)

It is ironic that Max never answered when Quark foundation members e-mailed or tried to contact him. And now he reacts instantly.

(ah , Max deleted his last post below I see
I already didn't understand what his message was)

For the people who just jumped in here, click here to go up again: https://bitcointalksearch.org/topic/m.10363898

This is really over the top. A new coin is launched without the source code, and I point out this coin has no source code. Now I'm the dev.

Get a life dude.

Where did I say you are THE dev? I only mentioned you are involved

I was not finished reading all the nonsense threads where you posted, my initial post is edited regarding Qcoin.
The rest is correct I quess... by developing a wallet you are involved with woodcoin. And you advice Unobtanium with merge mining with your coins (XJO and Zeta), therefore you are also involved...
Thanks for your help to be more accurate.

And no you are not THE dev of all the coins where you posted. You also posted in threads were you suspected that developers copied your coins (eg Joincoin) to troll a little bit?

You Satoshi??...lol...in your wildest dreams maybe . But please, don't share your dreams here . This thread is about the truth about Quark, not your dreams.

Lol, now I am ocminer too, I'm honoured.

If you read my posts, e.g. QCoin, I was pointing out that it is a shitcoin with bugs in it. So now I'm the dev. Lol.

For Woodcoin I compiled a wallet because I wanted to use it on Windows and the dev didn't provide a wallet.

Unobtanium is Bryce Weiner's coin, so now I'm Bryce Weiner too. Lol.

You've gone full retard with your conspiracies.

P.S. I posted in Bitcoin threads too, so therefore I could be Satoshi!

Recently a sockpuppet account is revealed of Max Guevara (the creator of Quark): "WillowRosenberg"
https://bitcointalksearch.org/topic/m.10331605

If you look at the post history of Willow Rosenberg you can find out that the creator of Quark is involved in more coins:

- Unobtanium (UNO) (he didn't create it, but wants to merge mine his coins (XJO/Zeta) with UNO)
- Joulecoin (XJO)
- Myriad (already suspected but confirmed now)
- Woodcoin (Willow is listed as the developer and he created the wallet as pointed out in his post below)
- Zetacoin (already suspected but confirmed now)
- Qcoin (dead after one week) (not sure he created it but why would he bother that the announcement is not correct?, then you can keep posting till you drop dead with all the false announcements at bitcointalk )
- Full Integrity coin (FIC) (also dead)
- ...

With FIC it seems that Willow created the coin for somebody else.
The following conversation is interesting at FIC:

1. Willow points out to the OP (fullintegrity) that there is something wrong at the github. (most probably Willow checked whether everything is ok with the coin after he handed the coin over to the OP):
 https://bitcointalksearch.org/topic/m.9359231

2. The OP has not much experience with github and can't update it: https://bitcointalksearch.org/topic/m.9362504

3. Then the OP gets help (not from WIllow but from "pineapples"): https://bitcointalksearch.org/topic/m.9364954

It seems that Max/Willow works closely with DI (If I check the post history of "pineapples" it seems that "pineapples" is a sockpuppet account..of DI??) (not 100% sure but posts of "pineapples" are hard to read and he supports DI related coins):
https://bitcointalksearch.org/topic/m.4363417
Also "pineapples" posts to confuse readers.

Maybe "tuaris" is also interesting to read if you want to know more about "max". In a few threads "tuaris" take over the discussion from Willow: https://bitcointalksearch.org/topic/m.8437711. Not sure yet who "tuaris" is.

If was pointing out the lie that Max abandoned the coin after release. Max is still updating the coin more than a year after release. Max has done a lot in Github more than most devs. That's what he's supposed to do: look after the Core Quark code.

He can't be fully engaged, he has half a dozen other scamcoins to take care of and others to extort...

Wow Max did something at github
You know exactly what bitcoinnaked means...Max has never been fully engaged with Quark, the community and/or the projects for Quark. It was so bad that foundation members wanted to pay him to get him more engaged:

https://bitcointalksearch.org/topic/m.10005860

https://github.com/MaxGuevara/quark/commits/master

Active 9 days ago

this fcking scam lost people lots of money, fcking dev disappeared right from the bat, kolin evans along with bill still should be jailed.

The truth about this coin was already published in December 2013:

http://www.quora.com/What-is-presently-known-about-the-crypto-currency-competitor-to-Bitcoin-Quarkcoin

Well this is a sniff thread and that is more information than I have but I was saying that it looked to be a fair launch with the possible exception of a small premine in the first 1000 blocks or so.

I did read somewhere in the Quark thread about them joking about creating a coin that could only be run on an outdated computer.


I fully agree with this, hosting and ongoing development requires an ongoing source of income and you would need some BTC in reserve to get help from people on critical issues or bugs that could render the Coin inoperable. The question with this is trust, competency and security and being too open can have unforeseen consequences.

"Fair" in that respect that there was a thread, and right thereafter you could mine "it" therefore you can say now; "no, Quark is not a pre-mined coin".

But:
1)
People had no idea what they could mine at launch, because it was not properly announced:
https://bitcointalksearch.org/topic/m.2774534

2)
There was at launch not a windows wallet available and you needed to be an expert in mining coins at linux. Quark supposed to be a mining coin for everyone, but it wasn't:
https://bitcointalksearch.org/topic/m.2774809

3)
The first time the developer showed himself in the Quark thread was 5 days after launch. But still he didn't say anything actually.
https://bitcointalksearch.org/topic/m.2806797
The developer uses a fictional name, and has not any objectives for the coin. Many months later (end 2013) you will find somewhere an interview with Max http://quarktalk.org/resources/interview-with-quark-developer-max-guevara.5/
, but that is the same thing as an interview with Donald Duck who created "Duckcoin". In that interview Max doesn't say anything about himself or what other coins he created.

Coins Max created or is associated with:
- Myriad (confirmed by Kolin and Adam (shake) ) and to a certain extent by Max him self in an IRC meeting.
- Mimiccoin: https://bitcointalksearch.org/topic/m.9007804
Note: this post also shows how nervous Max is to be associated with other coins created by him. So I don't doubt one second that he created many many more.
- Zetacoin: (why authored Max for Zeta to be included with vanitygen? ) https://github.com/llamasoft/securecoin-vanitygen/pull/1/commits

In my opinion "No pre-mined coin" will never work, because if you want your coin to succeed you need to have a lot of money to pay for infrastructure, development and marketing for your coin. Who is going to pay for that?? Therefore I advocate for transparent pre-mines, and that people working for that coin are not anonymous. The very few people still "working" for Quark don't show their self. I regular visit bitcoin meetings, and then it is open who is who and who is doing what. People are proud of what they are doing for bitcoin in an open way (or other altcoins).

Too bad you can't explain the spreading of Quark two hours ater launch. I still have not found somebody who could give me a logical explanation for this.


EDIT 1:

Some additional information about "digitalindustry" and related coins.
"digitalindustry" is active at github. He authored for his coin "Nibble" two years ago: https://github.com/digitalindustry/nibble
It would not surprise me if he is active at github with multiple accounts.
At github there is also a DGCFoundation active, where digitalindustry related coins are developed:
https://github.com/DGCFoundation

Well, you had quoted me on it from something I had read before and posted about so I thought I'd add to it. IMO it can still be called a fair launch as it was launched within a few minutes of the original post and a lot of people jumped on it pretty quickly, the Original Post was about the same time as the first block and isn't any hidden premine or extra code or viruses as far as I can tell. The only stuff I ever heard about Quark being unfair was about the first 1000-1500 blocks and even that is still better than most launches.

I was never a fan of Quark, hate the name, could have never mined it on my 4 yr old laptop and didn't want to buy it because my realization a month in was that all POW coins were going to plummet in value and they all did.

Ah thanks you did a re-calculation and came to the same results?

Can you clarify what happened at block 1576? Why would somebody spread his mined Quark over multiple wallets 2 hours after launch?

Also any idea about the involvement of "hazard"?
(I will explain this later when I can post some links)

Your calculations are mostly right but I think you are mistaken about the relationships between the people with it, for the most part people around the forums don't communicate as much and are just skeptical of each other in general.

The First Blocks that would have been mined then or Premine through Instamine might be about 2 Million or so? I guess it would depend on how long it was released after BitcoinTalk launch and how many Blocks were mined before then to get an idea of the amount of hashrate that the initial rigs were outputting.

Height: 1
 Version: 112
 Transaction Merkle Root: 7db74d7bdacb6068375d799062dbe044a0fa77debdf43c02bca55c7e8a5f7243
 Time: 1374422630 (2013-07-21 16:03:50)

looking at the Quark Block Explorer, 28 Blocks were mined in the first 5 minutes (average time 10.7 seconds)

Height: 28
 Version: 112
 Transaction Merkle Root: cfcaad1952520c853c4376e6dfea85c9dd0815bf46ee5041890e1964a3ff8fe4
 Time: 1374422928 (2013-07-21 16:08:48)


95 blocks after 10 Minutes (average time 5.7 seconds)

Height: 95
 Version: 112
 Transaction Merkle Root: 0038481bdc7830eee0ca15b18082f1459840ff2052b7225817ae5e4d30350137
 Time: 1374423222 (2013-07-21 16:13:42)

500 blocks after 45 minutes (average time 5.4 seconds)

Height: 500
 Version: 112
 Transaction Merkle Root: f3a9c374a5fe484c12602592a02cdef33d4c1da8d1a6e791a4a5f88bc41380dd
 Time: 1374425372 (2013-07-21 16:49:32)

750 blocks after 1 hour and 6 minutes (average time 5.28 seconds)

Height: 750
 Version: 112
 Transaction Merkle Root: 8b58465d421d334280b471272a3fa381dd48981fd04203bbedc89db7034db4a8
 Time: 1374426572 (2013-07-21 17:09:32)
 Difficulty: 1.991 (Bits: 1e008091)
 Cumulative Difficulty: 1.583

1000 blocks after 1 hour and 40 minutes (average time 6 seconds)

Height: 1000
 Version: 112
 Transaction Merkle Root: 0bfc8ae71f8d1316e80e36d115cc1012dd6450ab5d189a209677f5d8183c3544
 Time: 1374428578 (2013-07-21 17:42:58)
 Difficulty: 6.949 (Bits: 1d24d6f1)
 Cumulative Difficulty: 5.363

1500 blocks after 3 hours and 50 minutes (average time 9.23 seconds)

Height: 1500
 Version: 112
 Transaction Merkle Root: deede55bf518b02db7532b706dab0e7cf8451d4e9f6aaef495cb9511f8aab737
 Time: 1374436403 (2013-07-21 19:53:23)
 Difficulty: 76.878 (Bits: 1d035477)
 Cumulative Difficulty: 59.770


Now you can go to the Quark topic main page https://bitcointalksearch.org/topic/ann-qrk-quark-core-010-upgrade-260031 and you can see that everyone was complaining about orphans but lots of people got blocks, one guy got 50 blocks of the first 1000 blocks.


Conclusion:

With low starting difficulty and a long retarget time, the reward output increases until the hashrate levels out.

If there was a large rig put on to Quark after it was launched by the developers that made it, that hashrate would have been pushed out by the time it hit block 1500 or so, a lot of miners found the difficulty getting too high to mine quite early on in the life of Quark.

This is very interesting to read, and people can learn how scammers work by trying to follow this thread.

The main character in this thread is "Kolin Evans"  aka "digitalindustry" : https://bitcointalksearch.org/topic/kolin-evans-pump-and-dump-bribe-scammer-674410 and made many profits with Quark and acted as if he was the spokes man of Quark **

It is still difficult to find out which persons in this thread alone which are real and who are just another account name of digitalindustry (or a shill account).
But first the investigation. There are calculation mistakes and the OP overlooked (on purpose?) a few interesting things while he pointed to it.

The most important doubtful things I found:

1) the blocks 1, 100 and 1000 and timestamps:

block 1: 13:03:50
Block 2: 13:04:06 (=16 seconds block time)
block 100: 13:14:18 (=average block time of 612 seconds/100 blocks = 6 seconds!)
block 1000: 14:42:58 (=average block time of 5932 seconds/1000 blocks = 6 seconds!)

With the 30 second blocktime of Quark you would expect:
Block 100 after: 100*30 seconds = 50 minutes. Not 10 minutes after launch
Block 1000 after: 1000*30 seconds = 500 minutes = 8 hours and 20 minutes. Not 1 hour and 38 minutes after launch.

Above is exactly the reason why Quark is called an instamined coin by many persons:
https://bitcointalksearch.org/topic/m.9341740
https://bitcointalksearch.org/topic/m.2774252

Nowhere in his investigation this is discussed.

2) Multiple wallet addresses direct after launch.

When you check the blockchain you will find multiple Quark wallet addresses mining Quark.
This is mostly used as an argument for good distribution of Quark.
However...
Is each wallet address a single miner, or have single miners multiple wallet addresses? Or was a mixing device used? I have no idea....

But...
If there were so many miners at launch why was the hashrate so low??
https://bitinfocharts.com/de/comparison/difficulty-qrk.html
As can be seen, the hashrate increased when the price exploded in November/December 2013. Not at launch.
Also what is doubtful is that Quark was spread over multiple addresses just two hours after launch (see block 1576: http://qrk.blockr.io/block/info/1576 )

Nowhere the OP discussed this in his investigation.

3) Total amount of Quark

Quark is designed that after 6 months there were 247M Quark in circulation, and thereafter there can still be 1M Quark mined each year.
This means that at the moment about 248M Quark is in existence.
According to the OP there are about 782M Quark in circulation at 20NOV2013 (4 Months after launch). A miscalculation of more than 500M Quark by the OP.


So far in my opinion the lousy investigation by the OP.
I notified him, but of course he didn't react or corrected his investigation.

Further about the reactions afterwards.

That is also interesting to see.

According to " digitalindustry" (DI) and "Spoetnik" (a person associated with Kolin, who have problems to distinguish himself from DI (https://bitcointalksearch.org/topic/m.9366830 ) this is a great investigation and compliment the OP.
.
The Quark holders (netnox, coinmama, quarkfx, quarkcheck and reraise), are also happy and relieved that they haven't invest in a "scam coin" and show appreciation to the OP.

But then there is one person "Stealthcoin" who knows more about Quark and knows this whole investigation is just one "theater play" by scammers.
He tried to show, but he is attacked by (shill)accounts of DI, and the OP removes some of his posts.
The (shill)accounts of DI who attack "stealthcoin" are: StephenJH, AliceWonder, Spoetnik and BitcoiNaked.

It is interesting to see that scammers attack the attackers (try to denigrate the attacker) and try to confuse. But that real investors are done with posting in this thread after they showed their appreciation.


**
Kolin created multiple accounts and has many shill accounts. It is one big Digitalindustry family on bitcointalk.
Some examples of accounts from DI himself:
"philipkdick" https://bitcointalksearch.org/user/philipkdick-121013
"cyberkiller" https://bitcointalksearch.org/user/cyberkiller-121469
"cryptocurrencybroker" https://bitcointalksearch.org/user/cryptocurrencybroker-128669
"mimimimimi https://bitcointalksearch.org/user/mimimimimimimi-345512

Shill accounts (most probably other people, but always on the defence of DI (related stuff))
"Hilux74" https://bitcointalksearch.org/user/hilux74-135976




And this is only the tip of the iceberg lol.

I think these are the last days of cheap quark. It bottomed at 0.00001198BTC some two weeks ago and refuses to go lower since. Current price in $$$ is around 0.7 of a cent.
It is the best coin by far!!

No mining supply left to be dumped = new ATH during/after the next BTC bubble


QRK is down more than 10X of its ATH with solid bid support on Cryptsy, screaming buy for me!

Absolutely! I am buying more.