Topic: Trading Thread of Qora :: Second Generation Coin - page 8. (Read 7297 times)

Willing to buy.

How many coins are there?
Is the POS algorithm inflationary?

Edit: Not assuming any market cap at the moment. It seems there are some serious problems with this code and coin. The questions stand nevertheless.

Qora is a new crypto-currency designed from the ground up to solve Bitcoin’s biggest problems while also adding new promising features. Qora is being built from scratch and will not rely on any other crypto-currency. Qora uses a new proof-of-stake algorithm making it future-proof. Qora is being developed in Java and relies on native C libraries to perform the most CPU intensive tasks.

Basically, there are only three real competitors on the market: Qora, Nxt and Bitcoin.

Main thread https://bitcointalksearch.org/topic/ann-qora-released-16-may-100-pos-new-source-522102

Technical details
• Algorithm: 100% POS
• 10'000'000'000 coins

Features
• Ed25519 DSA to verify and sign messages.
• 1-5 minute block time depending on the network activity.
• Retargeting every 10 blocks.
• Password protected wallets that can be recovered/generated from seeds.
• New Proof-of-Stake algorithm.
• A JSON RPC API to directly communicate with the client.
• Naming Service: Allows the user to register a key-value pair which can be used for various purposes (URLS, addresses, …)
This Naming Service will also include an exchange where users can buy and sell keys.
• Colored Coins/Assets.
• Arbitrary Transactions: A simple feature which allows users to send any payload they want over the network. This can be used by third-parties to build additional features on top of Qora (data storage, chat).
• Transaction Boosting: Higher transaction processing speed by not having to broadcast the transactions to the whole network.

Possible Features
• Anonymous transactions/Zerocoin: One of the biggest problems of Bitcoin is of course that every transaction is traceable. Currently Zerocoin is the most promising project which is trying to solve that problem in a decentralized way.
• Cross Blockchain trading.
• Finite Blockchain/Blockchain shrinking.