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[bobafett]

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

[1714899577]

1714899577

[xyz]

Thanks for all, Qora team! Very good work!!!!

Now I have started the new wallet and I am missing other amounts than Qora under "Accounts". In the old wallet there have been ALL assets...
Is this no more available or did I something wrong?

You mean favorites,  favorites is stored only on the client and that's why you are not seeing them when you upgrade the wallet to a new version. Assets exists as it was.

Oh, thanks!!!!
Now its easy to add the assets again to my favorites.

[twospirit]

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

Forging should not be considered as a profit generating process. It is for securing the network. Of course, when you generate a block, you are rewarded by tx fees. But you will get more from visiting the faucet every day, as the fees are very low in Qora. So please, take forging as a protecting your investement and helping the network.

[iHashFury]

yes, Bter is probably upgrading its wallet, so be patient

Yes - probably upgrading the wallet

Now getting this on bter:

Error:201 wallet does not exist

[twospirit]

yes, Bter is probably upgrading its wallet, so be patient

Yes - probably upgrading the wallet

Now getting this on bter:

Error:201 wallet does not exist

they will fix it...Bter is very reliable

[mrvegad]

Is there a writeup on how to use the Naming Service?

[tyz]

I think the community should think about to setup a wiki to answer those questions. Similiar to the wiki for Nxt, the community can provide a fund to reward new articles and translations.

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

Is there a writeup on how to use the Naming Service?

[wizzardTim]

I think the community should think about to setup a wiki to answer those questions. Similiar to the wiki for Nxt, the community can provide a fund to reward new articles and translations.

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

Is there a writeup on how to use the Naming Service?

Very good idea!!

@newcomers: Come and join slack - much action there too - You're all welcome!

http://slack.qora.org/

[iHashFury]

I would like to know how build from github for arm architucture.

I think /libs/native needs compiled specifically for arm.

Could someone point me in the right direction please.

[tyz]

I signed up but I have not got a confirmation email yet.
I would consent to help building up the wiki. I'm one of the top 5 contributors on the nxt wiki.

I think the community should think about to setup a wiki to answer those questions. Similiar to the wiki for Nxt, the community can provide a fund to reward new articles and translations.

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

Is there a writeup on how to use the Naming Service?

Very good idea!!

@newcomers: Come and join slack - much action there too - You're all welcome!

http://slack.qora.org/

[twospirit]

I signed up but I have not got a confirmation email yet.
I would consent to help building up the wiki. I'm one of the top 5 contributors on the nxt wiki.

We would very appreciate your help and this is what we want to focus on as a community in coming weeks. Qora dev once said, that only well documented cryptos will survive. Enthusiasts always find a solution, but common users need good informational support for their start with Qora. Unfortunately the data from old wiki are gone. So we have to start from scratch.

There is a purely informational website for beginners planned for this summer. I will manage the content. Volunteers will be wanted and I will let you know when the time comes.

 

[vytasz7]

Can anybody explain me how ATfunding assets buy orders are higher than sell ?

[wizzardTim]

I signed up but I have not got a confirmation email yet.
I would consent to help building up the wiki. I'm one of the top 5 contributors on the nxt wiki.

We would very appreciate your help and this is what we want to focus on as a community in coming weeks. Qora dev once said, that only well documented cryptos will survive. Enthusiasts always find a solution, but common users need good informational support for their start with Qora. Unfortunately the data from old wiki are gone. So we have to start from scratch.

There is a purely informational website for beginners planned for this summer. I will manage the content. Volunteers will be wanted and I will let you know when the time comes.

 

Count me in too!

@tyz: good to know that you can help strange that you didn't receive the email yet

[bobafett]

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

Forging should not be considered as a profit generating process. It is for securing the network. Of course, when you generate a block, you are rewarded by tx fees. But you will get more from visiting the faucet every day, as the fees are very low in Qora. So please, take forging as a protecting your investement and helping the network.

ok understood. But how is forging solved. As nxt, as more coins i have as more blocks i forge or how is it working in qora?

[twospirit]

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

Forging should not be considered as a profit generating process. It is for securing the network. Of course, when you generate a block, you are rewarded by tx fees. But you will get more from visiting the faucet every day, as the fees are very low in Qora. So please, take forging as a protecting your investement and helping the network.

ok understood. But how is forging solved. As nxt, as more coins i have as more blocks i forge or how is it working in qora?

yes, users generate blocks proportionally to their balances

[Vrontis]

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

I'd like to know about the mechanics / incentives structures of the Qora POS. Any documentation about it?

A Proof-of-Stake algorithm that is different from anything that is described here https://en.bitcoin.it/wiki/Proof_of_Stake.

The algorithm will allow accounts to start generating blocks after only 10 confirmations.
Each account will also know at exactly which point they will generate the next block.

Source

That is a little little
Is there not more information?

Below are quoted all that I have found from the dev about POS

Qora uses a new proof-of-stake algorithm making it future-proof.

A Proof-of-Stake algorithm that is different from anything that is described here https://en.bitcoin.it/wiki/Proof_of_Stake.

The algorithm will allow accounts to start generating blocks after only 10 confirmations.
Each account will also know at exactly which point they will generate the next block.

- The proof of stake algorithm uses a combination of randomness, your generating balance and the time since the last block to determine if a new block is valid. Currently there is no protection against 51% attacks. I will create a detailed explanation of how the system works.

To generate blocks you will need to unlock your wallet. the POS relies on the fact that the client has access to a somewhat reliable time source. Basicly it uses time but does not have to rely on a centralized time server to work. Currently it still uses NTP but later on this will be changed so it works completely decentralized.

Review from rlh :

Forging

First, let me go ahead and say that forging is something that I've never looked into deeply. I  understand the very high-level nature of it and I very much understand the big differences between traditional "1.0" coins and these new PoS "2.0" coins.  My notes on forging will, therefore, be very basic sense I know so little about the nuts-and-bolts.  Regardless, here are my observations.

The code is significantly organized in a different manner.  At first glance, I think Nxt and Qora us a completely different approach to come up with similar results.  Again, Qora is more succinct than Nxt.  I'll have to take a while longer to dig into this but since I can't seem to figure out how to build and debug java code through eclipse (Tongue yeah, pretty basic stuff, I know...) I can't run the code and step through this portion to clarify what's going on.  All I can verify is that Nxt vs. Qora looks completely different.  Also, Qora makes use of the global "Generating Balance" to determine the block Target.  From my scan of the Nxt code, no such value is used.  I think there is a bit more randomness to Nxt than their might be of Qora, but I won't stand by that.  Qora basically looks at the time since the last block, the forgers personal balance and the total balance of forging accounts.  It then uses a fairly straight forward process to test if a block has been forged.

I haven't been able to figure out what Nxt does.  This isn't because of poor Nxt coding.  It's because I don't have the time to look into it.  If a Nxt guru is around, please comment.

Also a short review from a core dev of NXT

Spent a little bit of my time on Qora sources during last weekend and even made Scala version of QORA's BlockGenerator class: https://gist.github.com/kushti/605dfe4f17d0dd75cedf (220 lines of code instead of original 400), also submitted the bug on the way: https://github.com/Qora/Qora/issues/10 . Haven't investigated forging algo in details, but that's definitely not TF. Read this epic topic about TF https://nxtforum.org/general/nxt-forging-algorithm-simulating-approach/

Qora is used on the Forging Simulation Tool created for the Consensus research.

[wizzardTim]

@newcomers: this is the right link to join us all in slack!


https://docs.google.com/forms/d/1ihTpUBWQ9KVYnnAxMkehWis5BkEZ3e8UT1ERgimcss8/viewform

[HalFinneysBrain]

Where can i find more information about forging with quora?
Is there a profit calc or something?

thanks boba

Qora is not inflationary, so you only get transaction fees from forging.  (Overall this is good, because it means new coins arent constantly appearing and driving down the price).

You create blocks proportional to your forging power.  So for example, if you have 1% of all the Qora that is currently forging (the 'generating balance'), then you will make about 1% of the blocks.  If the blocks you forge have transaction fees, you get them.

Currently transaction fees are low, so there isnt much profit.  But AT transactions have higher transaction fees, and if they start to be used a lot, there will be more potential. 

At this point the profit potential is mostly from speculation, since we are all betting that Qora will become more popular with the new features and attention. 

In the future, if people develop a lot of ATs for Qora and there are many things you can do with it, and it becomes very popular, then there will be many transactions and you will be able to get a good profit from forging.  This is similar to the idea behind Ethereum.  You buy it now because in the future if people build many uses for it, it will be heavily in demand.

[Bisha]

I didn't know AT could have so many potentials. Could you give me some more examples? I see Cross Chain Trading, Mixer which could bring anonymity, I'm pretty impressed to be honest. Where are you more active? Here or Slack? I requested an invite btw.

Who are the devs? Could you talk about them?

It amazes me that with the potential of AT, that no other coins are going for it

[mrvegad]

Qora is unforzen on Poloniex now!