How will Qora gen2 be distributed if there isn't a swap, are you planning an ICO now, or is distribution from mining now exclusively?
If Qora gen1 holders don't get any swap, what keeps the community supporting Qora gen2? I need some more explanation to be convinced with this plan.
I would think mining is the only viable way to start. This would be a great way to equalize for all holders of Qora v1 to get in on the new Q2 without a swap. And it sounds like any Qora Gen 1 gets to be a liquidity provider for Qora v2. If v2 would not be listed on any other Exchange and force people to use Q1 for liquidity. It is a great strategy. It only seems logical that there would be no need to have an Exchange list Q2 if a DEX is listing it on Q1. Now you don't have to worry about KYC/AML requirements and daily volume limits.
snapshot is also not a bad idea for the transition v2, so much we have been talking about it for 2 years and no action here can be seen. I really have no patience for this project
Snapshot is good provided that they make the v1 private keys compatible to v2. Then no one will lose any coin. This is the safest way.
It would be great to have all the details for the roadmap, swap, and gen 2 distribution/emission nailed down asap, Qora missed the 2017 party, we don't want to miss the next one by not having everything sorted before the next bull market. I suspect things are being worked out in private behind the scenes, but the community needs to digest the roadmap so any pissed off people can exit, the last thing Qora needs is infighting and confusion just after something like a bakkt crypto wide pump starts.
I still don't know how Qora gen2 gets distributed .... swap, airdrop, mining ...
I will put something out, my issue is that I don't like to talk about things until they are either complete, or fully thought out. Which, in some cases means that I do not talk about things very frequently at all...
But I do understand that people would like to 'see' what we're thinking. So, what I like to do instead, is what I call an 'idea map'. Which, I agree, I haven't put out in quite a while... and is probably a decent idea.
We have simply been VERY busy. There are many things going on in multiple avenues at the moment, and it doesn't look to be slowing any time in the foreseeable future from what I can tell (which is definitely a good thing overall.) The ideas for what QORA will be, are frequently being modified, and adapting to other concepts we are putting together, etc... which means that an idea map is something that would be in constant flux, and as such is a bit difficult to accurately portray on a static medium.
Nonetheless, I WILL put something together here, as I believe we finally DO have a solid plan for the overall nature of the future of both the existing platform, and for what is being referred to as 'Gen 2', which in reality is going to be a plethora of various chain platforms all working as one in the future.
What we know as 'QORA' now, will be the foundation for so many fantastic new platforms and ideas... I truly believe that people will be extremely excited to be part of it.
...
'QORA' - the platform now - is to become an 'exchange'. However, this exchange is not typical. It is so not typical, in fact, that it will not be called an exchange at all.
Instead, it will be called a 'Gateway' or 'trade portal'. (Personally, I am fond of the name 'Q-Gate', but that is not decided yet.) This gateway, will be multiple things. First of which, is TOTALLY TRUSTLESS. The methods utilized in the transactions carried out on the platform, are those which exercise the use of 'Atomic Cross-Chain Transfers' (or direct cross-blockchain coin trades. wallet-to-wallet, with no central authority.)
This will create a fully automated trade ecosystem, without central authority whatsoever.
This platform too, will make use of a newly devised method (by our team) of 'powering' the blockchain backend that comprises the core of the functionality... This method will essentially power the chain utilizing 'liquidity' as the variable. Making use of all blockchain-located data, the chain itself will be moved in accordance to guidelines of liquidity, in the 'order books' of the system itself. Because these are all verifiable blockchain-located data sets, the ability to make use of them to move the chain, is viable. (Every detail is still being worked out, however, the concept and base ideas are there.)
'SuperNodes' will be utilized in the system, in order to 'verify and track' the 'liquidity providers' of the system, rewarding them in accordance to the location, duration, and size of their orders on the books. (Rules will be finalized in regard to these methods, and have yet to be fully thought out.)
This method, I personally believe, will provide a very stable, self-sustaining ecosystem that contains value-adding properties for the underlying service token of the platform, which is QORA itself.
Given that QORA is a coin that has not only been released for many years, and the fact that its supply has been diminished from exchange issues, losses, and people 'giving up' on the coin in a more direct way than many other platforms (given the fact that the project has been seen as 'dead' for probably years in the eyes of most, and on the surface according to the search engines of the 'interwebz') The circulating supply is relatively unknown, and many other 'dead coin' 'issues' may affect any swap attempt in the future... Therefore...
A SWAP IS NOT GOING TO BE COMPLETED AT ANY POINT. However, the value provided to existing QORA coins will be immense once the platform described above briefly comes to fruition.
Keep in mind as well, that the development was picked up by our team. We are not holders from the original coin ICO, nor are we large holders by any means regardless. The project development was picked up due to merit of the underlying architecture and technology, and overall ideas that were put in place in QORA. We could have simply created a clone, but we did not. We chose to 'revive' the existing coin, and fully intend to fulfill that promise. However, we do believe that swapping from QORA to any other chain, in the ideas we had originally provided, is a bad idea, and will do nothing to benefit the Gen 2 platform. Hence, we shall not execute said swap.
Thank you all, and here's to the future of QORA and all that come from its codebase!
