Quark - anything with coding? It's top notch but why is it with its current state?  create another coin more superior coding than quark, I guarantee it will go up but without marketing, I wonder what would happen to it? Dogecoin.... what's with the code? Anything special? but the community support has been tremendous. Yeah. Lately the drop has been bad but their only hope is still the community. Now... the future. I bet reddcoin is on the rise. Anything special on the code? What's with the social function? Sounds familiar. I'm not launching personal attack or to make anyone feel bad. I see all quark supporters like we are all in one big boat with the same objective and direction. I just need to voice out ok just to add further. Thulle has been a strong critic of quark. Although I don't agree entirely to what the guy said and definitely disagree on the part on launching attack on kolin. One quote which I pick up which i think is definitely true. So this was written by thulle. "Another thing the value of a coin is not based on security or features but based on marketing and public acceptance." I agree. A lot here don't even understand fundamental of economics. How can price go up without demand, marketing. New coin is just trying to fix a broken record using another broken record. Instead go the basics. Coding part is not the solution. The more they talk the more complicated it gets. Putting a companion coin on top of another companion coin ends up nowhere. There's nothing wrong with Quark. Just let Bitcoin keep making strides until enough people start to see how bloody slow it is. Quark is like a UFO in the hanger just waiting until people are ready to get around faster!
Edit: Look I'm not trying to say nothing needs to happen, but any 'solutions' to Quark being overlooked at the moment should NOT involve a hard fork, that's my stance on the matter.
CODING is a BIG part of the solution. Look to the new coins doing exceptionally well. You will notice they have one thing in common. A skilled coder with a detailed whitepaper on anon implementation. Or a white paper for some other new feature the market wants. Sure mainstream adoption would be better but if you are talking about marketing to those in the crypto community they want the latest and greatest. Don't give it to them and watch you coin die. Look to coins with no coders = dead. So either push for mainsteam adoption with some big companies, games etc. Or focus on marketing here to the ever expanding community. New features and projects bring in new interest, new interest brings new btc to fund more projects and features. No point arguing against it. Look at the new coins that are most successful and i don't mean one big pump and dead i mean coins with active communities that are getting stronger. These have fully funded and invested development and marketing teams. QRK has no funds for this. Of course you can sell qrk to a market that does not want qrk. You need to increase demand by giving people some hope for qrks future prospects. To most qrk appears dead right now. |
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I agree. A lot here don't even understand fundamental of economics. How can price go up without demand, marketing. New coin is just trying to fix a broken record using another broken record. Instead go the basics. Coding part is not the solution. The more they talk the more complicated it gets. Putting a companion coin on top of another companion coin ends up nowhere. There's nothing wrong with Quark. Just let Bitcoin keep making strides until enough people start to see how bloody slow it is. Quark is like a UFO in the hanger just waiting until people are ready to get around faster!
Edit: Look I'm not trying to say nothing needs to happen, but any 'solutions' to Quark being overlooked at the moment should NOT involve a hard fork, that's my stance on the matter.
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The question we need to ask ourselves is that do we need to mess up such perfect codes by forking, creating superblock, just to bring up the value? I can tell u guys I'm a quark adopter for only one month plus. Ever since I have no regret of turning back. I believe there are many more soon to be adopters with such confidence we instill into quark!
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Word of Thanks from a Quark newbie.
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Quark
Yes
Nope but maybe in the future
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This is all very interesting, how can we make sure that with the merge mined coin people don't sell their quarks and jump on the new one?
Separate the two as two different coins. Quark remain as it is. Innovate the companion coin. Apply fixed exchange rate similar to currency pegging |
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@silvermetal Lol... search 'currency pegging' Didn't realize another more creative term exist  @maok We always mention technology. There are coders here who can create complex mathematical solutions. But have we considered and apply economic model as solution? Quark is unique in terms of technology but why does it slump to current state? Can we guarantee a coin which is technologically advanced wont fail? Fact is very few look at that aspect. People look at profitability. Else quark wouldn't suffer same fate. If u ask me, We drop the mining reward too soon and that causes current scenario. 6 months and very few get the chance to even get to know bout this coin. And that affects distribution. And is that economic terms we are talking here? |
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Whether an exchanger is paying more/less for quill in open market compared to the capped amount in central exchanger, eventually market will readjust the price to match central exchanger. Nobody is willing to pay 20 to 1 when in fact you can get much less at the official exchanger. Same vice versa. For that matter, the central exchanger must always have enough supply to cope for demand of exchange. Correct. It will be another alt coin. But a coin that only gives you 1:10 exchange rate. what im proposing is an economic model. I did add and edit my earlier post about capping quill max quantity. If u are interested to follow through. Thanks guys I understand your concern but what I'm throwing to the community is something simple. Quark will always be quark, quill is quill. Even the codes are not linked up by sidechain nor requiring quill to be tied up when paying with quark. they will be separate but only thing different is the exchange to connect both together. If quill one day becomes so attractive people will acquire quark to get it. And since quill developers manage the fixed exchange rate we have some form of control also to fix the economic model, quill max quantity has to be capped. If it is capped, value will change due to supply issue. However quark is adjusted based on inflation. When quill supply decreases it will impact quark demand. And dont forget quill exchange rate is fixed to quark All of these are getting way too complicated...
Anyway here's my idea... if u guys really bent on companion coin it has to be something like this.
The coin has to have a fixed exchange rate to quark. It means 'pegging' according to economic terms. I will call the coin "quill" if this idea goes through... so 1 quark is always equivalent to 10 quill no matter where u go. The exchange rate to other alt coin can free float but to quark it remains the same.
To implement this fixed exchange rate idea, the quill has to integrate some codes to tie to quark without altering quark. Else if can't be done we have to create a centralized exchange rate at quark.cc meaning that in open market you can exchange quark to quill vice versa at any rate but over at central. It is tied to 1 quark to 10 quill.
To preserve its value we need to consider the distribution time frame to stretch longer. 10 times than quark 6 months. So if quill value goes up, so does quark because it is pegged at fixed exchange rate.
I agree, however no one will be able to control the economic aspect of that new coin in relation with quark even if you'll create a centralized exchange rate. If you want that new coin to be pegged at quark value with 10:1 ratio you need something build-in like the sidechains technology which won't be subjective to economic manipulation and will always translate 10 quill to 1 quark. You can then allow asic miners on that coin, gpu miners, etc because even if they control 100% of the hashrate power of that sidechain they won't be able to attack the quark network. Instead of pools we'll be able to have lots of sidechains on which different quarkers will mine the one that gives them the best value, for example there could be the official quark sidechains released by the foundation with a 10:1 ratio with a percentage going to developers, and on top of that anyone could build a sidechain coin but will have the standard ratio of 100:1. That way people have options and will be attracted by the new technology with all sort of miners joining the most profitable sidechain based on their mining equipment. To implement this would be a big challenge but without a protocol controlled ratio you rely on free market and you would go in a funny situation when that companion coin will surpass Quark and instead of saving Quark you'll bring quarkers into a dust storm. Thing is, quill will be just another altcoin, what will make investors want to come and invest in it ? There are already hundreds of alts, let Quark be the first to implement side chain technology and I promise you that it'll generate much more interest and attention from media and investors that believe in crypto than a new altcoin would. the only problem I'm having understanding is how will you be able to control the ratio of quark quill, what if there will be some investors that will go on cryptsy and pay more on quill then the official ratio, if its a protocol induced ratio then they have overpaid, but if its an advisory note from the quark foundation then they have made either a good or bad decision based on their later trades. It could also happen the other way and be worth a lot less than 10:1, people might not want to pay even 100:1 for the quill, but if its protocol induced ratio then everybody knows that 10 quils will be translated into quark blockchain as 1 QRK. We keep the trustless model and only have faith in the protocol, not in the economic models which are daily broken and rewritten. Again, what will this new altcoin/companion coin bring to the table as a technology, all the top 10 coins now have something that makes them attractable for investors. Quark could spark the same attractiveness if a new technology like side chain will be implemented, not only the devs will receive all the laurels but they could also benefit by creating a sidechain for devs where they'll get 1% of the block rewards so that they are continually funded for working on Quark. |
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Correct. It will be another alt coin. But a coin that only gives you 1:10 exchange rate. what im proposing is an economic model. I did add and edit my earlier post about capping quill max quantity. If u are interested to follow through. Thanks guys another thing I would like to add is that if involves changing quark codes, if fails then everything including all of us will go underwater. If a coin not connected, if it fails then quark is probably still intact. It definitely won't move up but it won't just sink I understand your concern but what I'm throwing to the community is something simple. Quark will always be quark, quill is quill. Even the codes are not linked up by sidechain nor requiring quill to be tied up when paying with quark. they will be separate but only thing different is the exchange to connect both together. If quill one day becomes so attractive people will acquire quark to get it. And since quill developers manage the fixed exchange rate we have some form of control also to fix the economic model, quill max quantity has to be capped. If it is capped, value will change due to supply issue. However quark is adjusted based on inflation. When quill supply decreases it will impact quark demand. And dont forget quill exchange rate is fixed to quark All of these are getting way too complicated...
Anyway here's my idea... if u guys really bent on companion coin it has to be something like this.
The coin has to have a fixed exchange rate to quark. It means 'pegging' according to economic terms. I will call the coin "quill" if this idea goes through... so 1 quark is always equivalent to 10 quill no matter where u go. The exchange rate to other alt coin can free float but to quark it remains the same.
To implement this fixed exchange rate idea, the quill has to integrate some codes to tie to quark without altering quark. Else if can't be done we have to create a centralized exchange rate at quark.cc meaning that in open market you can exchange quark to quill vice versa at any rate but over at central. It is tied to 1 quark to 10 quill.
To preserve its value we need to consider the distribution time frame to stretch longer. 10 times than quark 6 months. So if quill value goes up, so does quark because it is pegged at fixed exchange rate.
I agree, however no one will be able to control the economic aspect of that new coin in relation with quark even if you'll create a centralized exchange rate. If you want that new coin to be pegged at quark value with 10:1 ratio you need something build-in like the sidechains technology which won't be subjective to economic manipulation and will always translate 10 quill to 1 quark. You can then allow asic miners on that coin, gpu miners, etc because even if they control 100% of the hashrate power of that sidechain they won't be able to attack the quark network. Instead of pools we'll be able to have lots of sidechains on which different quarkers will mine the one that gives them the best value, for example there could be the official quark sidechains released by the foundation with a 10:1 ratio with a percentage going to developers, and on top of that anyone could build a sidechain coin but will have the standard ratio of 100:1. That way people have options and will be attracted by the new technology with all sort of miners joining the most profitable sidechain based on their mining equipment. To implement this would be a big challenge but without a protocol controlled ratio you rely on free market and you would go in a funny situation when that companion coin will surpass Quark and instead of saving Quark you'll bring quarkers into a dust storm. Thing is, quill will be just another altcoin, what will make investors want to come and invest in it ? There are already hundreds of alts, let Quark be the first to implement side chain technology and I promise you that it'll generate much more interest and attention from media and investors that believe in crypto than a new altcoin would. |
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I understand your concern but what I'm throwing to the community is something simple. Quark will always be quark, quill is quill. Even the codes are not linked up by sidechain nor requiring quill to be tied up when paying with quark. they will be separate but only thing different is the exchange to connect both together. If quill one day becomes so attractive people will acquire quark to get it. And since quill developers manage the fixed exchange rate we have some form of control also to fix the economic model, quill max quantity has to be capped. If it is capped, value will change due to supply issue. However quark is adjusted based on inflation. When quill supply decreases it will impact quark demand. And dont forget quill exchange rate is fixed to quark All of these are getting way too complicated...
Anyway here's my idea... if u guys really bent on companion coin it has to be something like this.
The coin has to have a fixed exchange rate to quark. It means 'pegging' according to economic terms. I will call the coin "quill" if this idea goes through... so 1 quark is always equivalent to 10 quill no matter where u go. The exchange rate to other alt coin can free float but to quark it remains the same.
To implement this fixed exchange rate idea, the quill has to integrate some codes to tie to quark without altering quark. Else if can't be done we have to create a centralized exchange rate at quark.cc meaning that in open market you can exchange quark to quill vice versa at any rate but over at central. It is tied to 1 quark to 10 quill.
To preserve its value we need to consider the distribution time frame to stretch longer. 10 times than quark 6 months. So if quill value goes up, so does quark because it is pegged at fixed exchange rate.
I agree, however no one will be able to control the economic aspect of that new coin in relation with quark even if you'll create a centralized exchange rate. If you want that new coin to be pegged at quark value with 10:1 ratio you need something build-in like the sidechains technology which won't be subjective to economic manipulation and will always translate 10 quill to 1 quark. You can then allow asic miners on that coin, gpu miners, etc because even if they control 100% of the hashrate power of that sidechain they won't be able to attack the quark network. Instead of pools we'll be able to have lots of sidechains on which different quarkers will mine the one that gives them the best value, for example there could be the official quark sidechains released by the foundation with a 10:1 ratio with a percentage going to developers, and on top of that anyone could build a sidechain coin but will have the standard ratio of 100:1. That way people have options and will be attracted by the new technology with all sort of miners joining the most profitable sidechain based on their mining equipment. To implement this would be a big challenge but without a protocol controlled ratio you rely on free market and you would go in a funny situation when that companion coin will surpass Quark and instead of saving Quark you'll bring quarkers into a dust storm. |
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The centralized exchange center has to be managed by some one. Perhaps quill developer. Quark.cc is just a random example. If quill one day becomes a reality, she should have her own developer site and the exchange center that manage the fixed exchange rate. All of these are getting way too complicated...
Anyway here's my idea... if u guys really bent on companion coin it has to be something like this.
The coin has to have a fixed exchange rate to quark. It means 'pegging' according to economic terms. I will call the coin "quill" if this idea goes through... so 1 quark is always equivalent to 10 quill no matter where u go. The exchange rate to other alt coin can free float but to quark it remains the same.
To implement this fixed exchange rate idea, the quill has to integrate some codes to tie to quark without altering quark. Else if can't be done, another option is we have to create a centralized exchange rate at quark.cc meaning that in open market you can exchange quark to quill vice versa at any rate but over at central. It is tied to 1 quark to 10 quill.
To preserve quill value we need to consider the distribution time frame to stretch longer. 10 times than quark 6 months. So if quill value goes up, so does quark because it is pegged at fixed exchange rate.
Hey guys, anyway if u like the idea can donate some quarks. Thx
Agree to keep it simple, and I like your idea about a fixed price. How will qrk.cc be able to exchange quill for quark to miners? I expect that miners want to exchange quill for quark more often than the other way around. So you need some kind of a Quark buffer? Any ideas about that? |
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All of these are getting way too complicated...
Anyway here's my idea... if u guys really bent on companion coin it has to be something like this.
The coin has to have a fixed exchange rate to quark. It means 'pegging' according to economic terms. I will call the coin "quill" if this idea goes through... so 1 quark is always equivalent to 10 quill no matter where u go. The exchange rate to other alt coin can free float but to quark it remains the same.
To implement this fixed exchange rate idea, the quill has to integrate some codes to tie to quark without altering quark. Else if can't be done, another option is we have to create a centralized exchange rate at quark.cc meaning that in open market you can exchange quark to quill vice versa at any rate but over at central. It is tied to 1 quark to 10 quill.
To preserve quill value we need to consider the distribution time frame to stretch longer. 10 times than quark 6 months. So if quill value goes up, so does quark because it is pegged at fixed exchange rate.
Hey guys, anyway if u like the idea can donate some quarks. Thx
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Can someone give me an update?
Is a fork planned in the future? Or is this just a rumour.
Why the need for a fork? Forks are a bad idea, unless there is a grave error in the coin.
No, not any time soon is there going to be a fork. We've discussed a number of things with our developers and although there was some thought of converting to POS, that has been scrapped for the time being, as current POS implementation requires nearly daily involvement by developers. Hi all, first of all I'm new here. I have been following this thread closely ever since I got into quark but never register until this weekend. I think quark is fine the way it is. Except for the name, I think overall in terms of security and speed, it doesn't need overhaul. Speed is obviously the strong point. Based on this fundamental, I decide to increase my holding to few hundreds. Not much but I have plans to increase size of my holding further. Never mind about the price as I hold quark not be because of speculative reason or driven by the obsession to become rich one day but I hold on to it because it has future and the unique coding is nevertheless the main reason. Hope to see it become an important medium of exchange one day great to see new people - in its correct place i think "Quark" is a great name - "quarkcoin" defeats the purpose and make it sound backwards - its not a "coin" and has had nothing to do with "coin" that's why i'm intending on changing the Reddit also - but maybe we can do that later. i'm sure people will keep calling it that but that's fine as well, as it will just push the meme . just a word on this - i hope you newer people realize that this is something special and unique, you guys are here in at the start, the "crypto community" is broadly split into a handful of coders and scammers, (excluding Banking agencies) (which don't really count) us in this community make crypto what it is, you are officially a part of larger structure and we will help to a degree change the world. that's worth something, its easy to be a sleazy scammer or a Bank Agent all you have to do is interview well and pass a few psychology tests, its much harder to learn a new system and contribute to society. harder again is educating new people, but as mention before time and many other vectors are on our side. It is indeed special. Quark is special... no doubt on this statement. But what worries me when I read past few pages about the intended changes, it gets me worried. The proposed fork, companion coin, superblock... not sure how it would help. It just devalues the coin and plunge it further into oblivion. Instead of worshipping complexity, have we given a thought about the fundamental of valuation itself. What I mean is marketing, acceptance , if you go to a mechanic and ask for oil change and you offer the guy 800 quarks for that service ... and he thought hey I could get 2 weeks of grocery with the shop down the street willing to provide the goods for that 800 quarks. As this goes along valuation will change. What I still believe here is acceptance and have we ... us as a community work on this aspect in the first place? Sorry about the rambling but I believe every quark holder whether a few tiny bits or even hundreds has the right to opinion. Every one who owns is a shareholder and entitled to an opinion. Like I said I believe in the codes and for that willing to go further on my holdings but after hearing the proposed changes it does give me the doubt. I hope I've made my point here and thanks to digitalindustry for the welcome notes. Cheers ** just to add a few. I believe on working on towards long term approach. Getting investors probably might not be a good idea because when the price is right, it's time to dump. Yeah it will inflate the price but it is not sustainable. Quark deserves better treatment than this. Fact is I don't look at it as investment tool but more towards medium of exchange. To add... i'm doing my part on the marketing. I tell my friends what makes quark special (hope it still stays that way without the change). I give some to my relative to test out. And they were impressed when compared to other coins.   |
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Can someone give me an update?
Is a fork planned in the future? Or is this just a rumour.
Why the need for a fork? Forks are a bad idea, unless there is a grave error in the coin.
No, not any time soon is there going to be a fork. We've discussed a number of things with our developers and although there was some thought of converting to POS, that has been scrapped for the time being, as current POS implementation requires nearly daily involvement by developers. Hi all, first of all I'm new here. I have been following this thread closely ever since I got into quark but never register until this weekend. I think quark is fine the way it is. Except for the name, I think overall in terms of security and speed, it doesn't need overhaul. Speed is obviously the strong point. Based on this fundamental, I decide to increase my holding to few hundreds. Not much but I have plans to increase size of my holding further. Never mind about the price as I hold quark not be because of speculative reason or driven by the obsession to become rich one day but I hold on to it because it has future and the unique coding is nevertheless the main reason. Hope to see it become an important medium of exchange one day |
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