[ANN] [QRK] Quark | POW/POS+MN | 0.10.7.7 - New Self Moderated Thread

[PromethiumX]

Hi, absolute newbie to blockchain here, so i'm just doing some experimenting and learning.

I'm doing a lot of reading (even following some tutorials on how to create your own blockchain, just for deeper understanding) but one thing I haven't managed to figure out yet is the correlation between "difficulty" and "hashrate"

Just for fun/learning, I just downloaded Quark wallet and the bootstrap per instructions here (which i'm sure saved me a very long wait time, i'm already synced and i'm on a very poor internet connection) - I've set it to mine on my ancient 4 core 4GB RAM desktop just to get a feel for the whole process.

If I run getmininginfo;
{
"blocks" : 5033978,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 59207.35814723,
"errors" : "",
"genproclimit" : 2,
"networkhashps" : 31352434513,
"pooledtx" : 0,
"testnet" : false,
"chain" : "main",
"generate" : true,
"hashespersec" : 71483
}

So with ~70k hashes, what is the "realistic" return on this system? I'm not worried about profit or energy, this is a learning exercise - But just curious, if I left this PC running for the next day/week/month, how long until I saw my balance go up from zero?

Welcome to Cryptopia.
Mathematically speaking, with the network hashrate @ 31,352,434,413 and your hashrate @ 71,483 you have a one in 438,599 chance of mining a single quark every 30 seconds.
Speaking from experience, with luck you will mine a single quark maybe two in a week.

Alternatively:

Take the money you will spend on electricity and computer repairs say $200 for a year(conservative), and buy 11243.53496739375 @ the current rate of $0.017794.
Hold these quarks for a year in your own wallet without moving them, open your wallet for staking after this interval and earn 393 quarks

If, and it's a big IF, quarks returned to their previous high against BTC of 0.00026245 at todays price they would be valued at $4.72 each.
Your $200 investment would be valued at just over 53 thousand dollars or just shy of 55 thousand dollars taking interest into account.

[1715394557]

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[1715394557]

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[1715394557]

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[1715394557]

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[Meeks]

Volume is growing. It's a good sign.

[Fabriz]

Volume is growing. It's a good sign.

This coin will be a surprise in 2018 when they'll start run masternodes

[Alohaboy?!]

Volume is growing. It's a good sign.

This coin will be a surprise in 2018 when they'll start run masternodes

any infos on how much coins will be needed to run one?

[Fabriz]

Volume is growing. It's a good sign.

This coin will be a surprise in 2018 when they'll start run masternodes

any infos on how much coins will be needed to run one?

seems 250.000

[Meeks]

This coin will be a surprise in 2018 when they'll start run masternodes

When will the masternodes be launched?

[iskren_cryptodev]

Volume is growing. It's a good sign.

https://image.prntscr.com/image/vECTmyizR7iMQsidSQiQ2w.png

Quark's trading volumes are pocket money, it doesn't mean anything. This coin will not rise until is listed on cryptopia only.

[Gravey]

When will masternodes be launched? and other questions?  How about having a yearly plan on the website for 2018, quarters 1 to 4 so people can see instantly what is intended with this coin.

Gravey

[meanwords]

Are Devs here still active?

[coinliker]

the watch out currency for the future. a very strong community behind this currency. if u want to contribute click the link bellow
https://quarktalk.cc/

[Fabriz]

Are Devs here still active?

Yes, they are working hard lately, you can check development in the first post:

Recent release history
29 Nov 2017 - 0.10.6.3: Enable POS by default
27 Nov 2017 - 0.10.6.2: Disconnect old peers, disable POS by default
13 Oct 2017 - 0.10.6.1: Hybrid POS/POW upgrade
3 May 2017 - 0.10.4.5: Checkpoints
22 Apr 2017 - 0.10.4.4: Improved syncing
21 Apr 2017 - 0.10.4.3: Disconnect old peers - Required upgrade for all Quark 0.9 wallets
9 Apr 2017 - 0.10.4.2: Start signalling for BIP66 (strict DER checking)
2 Apr 2017 - 0.10.4.1: Core 0.10 upgrade
15 Jun 2016 - 0.9.2.7: Update (Checkpoint, Win installlers, OSX build)
6 Oct 2015 - 0.9.2.6: Checkpoint
11 Sep 2015 - 0.9.2.5: Checkpoint. Update seed nodes.
31 May 2015 - 0.9.2.4: Checkpoint. Update seed nodes.
18 Jan 2015 - 0.9.2.3: MedianTime fix. Checkpoint.
17 Jan 2015 - 0.9.2.2: Checkpoint, OpenSSL fix.
25 Oct 2014 - 0.9.2.1 released.

[meanwords]

I think they should add more people to their team, maybe a more moderator in their forum, or more bounties and events to make things more lively and active. It would be cool if they've become more active to people. To be honest, Quark is not getting much attention so I think something needs to change.

[mcphervi]

I think they should add more people to their team, maybe a more moderator in their forum, or more bounties and events to make things more lively and active. It would be cool if they've become more active to people. To be honest, Quark is not getting much attention so I think something needs to change.

Plan is for masternodes with budgeting in order to supply development funding - this can include things like bounties. Quark was not premined at all so there is simply not a fund for this sort of thing currently, and historically these sorts of things were run from donations which is hard to keep going indefinitely as it constantly relies on people's generosity and typically its always the same people donating.. Anyone who wants to get involved and help can do so - the easiest place to do this from is the Slack, where people are working on a new website, etc.

[robert3harrison]

I think they should add more people to their team, maybe a more moderator in their forum, or more bounties and events to make things more lively and active. It would be cool if they've become more active to people. To be honest, Quark is not getting much attention so I think something needs to change.

Plan is for masternodes with budgeting in order to supply development funding - this can include things like bounties. Quark was not premined at all so there is simply not a fund for this sort of thing currently, and historically these sorts of things were run from donations which is hard to keep going indefinitely as it constantly relies on people's generosity and typically its always the same people donating.. Anyone who wants to get involved and help can do so - the easiest place to do this from is the Slack, where people are working on a new website, etc.

Can we get a slack invite?

[elr01]

Does a linux version is planned of Quark ?

[nuttynoah]

I think they should add more people to their team, maybe a more moderator in their forum, or more bounties and events to make things more lively and active. It would be cool if they've become more active to people. To be honest, Quark is not getting much attention so I think something needs to change.

Plan is for masternodes with budgeting in order to supply development funding - this can include things like bounties. Quark was not premined at all so there is simply not a fund for this sort of thing currently, and historically these sorts of things were run from donations which is hard to keep going indefinitely as it constantly relies on people's generosity and typically its always the same people donating.. Anyone who wants to get involved and help can do so - the easiest place to do this from is the Slack, where people are working on a new website, etc.

Can we get a slack invite?

There's one here.

http://www.qrknet.info/

[PromethiumX]

Looks like we have a fork!! Any bright Ideas on how we fix this?

Spend NOTHING, Move NOTHING until this is sorted!!!!!!!!!!!!!!!!!!!!

With both chains stalled.

As of this communication:
One at height 5080167 10 hours 15minutes ago
One at heitht 5082209 7 Hours 55 minutes ago

Split occurs between blocks 5080147 and 5080148


09:59:28
getblockhash 5080147


09:59:28
0000000e9961cbe9334681c644155b598fe3b67ec89862a58906fb4e52008964


10:00:12
getblockhash 5080148


10:00:12
000000034cfe57910932ae588310295a771ca729bce5dc1d9a9e65b5c616375b

Details for Block #5080148
Hash   18f8b6f5ddfb9e3bdf53144afc6498aec2c0644c81b480083851a6de2b3ecdc1

[mcphervi]

Looks like we have a fork!! Any bright Ideas on how we fix this?

Spend NOTHING, Move NOTHING until this is sorted!!!!!!!!!!!!!!!!!!!!

With both chains stalled.

As of this communication:
One at height 5080167 10 hours 15minutes ago
One at heitht 5082209 7 Hours 55 minutes ago

Split occurs between blocks 5080147 and 5080148


09:59:28
getblockhash 5080147


09:59:28
0000000e9961cbe9334681c644155b598fe3b67ec89862a58906fb4e52008964


10:00:12
getblockhash 5080148


10:00:12
000000034cfe57910932ae588310295a771ca729bce5dc1d9a9e65b5c616375b

Details for Block #5080148
Hash   18f8b6f5ddfb9e3bdf53144afc6498aec2c0644c81b480083851a6de2b3ecdc1

Thanks - I've contacted Max and we'll update.

[OnlyCi]

Hi, is there any way to staking on VPS ubuntu (command line)?

Hi, anyone has knowledge about this? I can't run my computer 24/24.

Thanks!

No need for running wallet constantly to get your stake reward.

POS is set by default.

You only need to open your wallet and sync to the network one every few weeks to claim your stake rewards by unlocking your wallet.

Follow staking instructions from Pondi and you will be fine.

I was staking for few hours and some coin are appeared. Then I quit the wallet, leave it for 3 days. When I open it up again, there's no staking coins, balance doesn't change. (already sync & setgenerate again)

[sereupin]

sorry for the question, but it is very hard for me to understand how to mine Quarkcoin... 

wich program miner for windows?  wich pools?!


thanks for help