[ANN] [QRK] Quark | Core 0.10 upgrade

[quarkfx]

Does the cap of the PoB coin depend on how many quarks will be traded?

I think there are a couple different ways you can do it NetNox.

1. Set an IPO cap and distribute proportionally. Ex. assume there is a coin cap of 10 million coins for the IPO/Burn.

• If a total of 1 million Quarks are donated, you will receive 10 Newcoins for every 1 Quark you burn.
• If a total of 50 million Quarks are burned, you receive 1 Newcoin for every 5 Quarks you burn.

2. Establish a fixed conversion rate, ex. 1 QRK to 1 Newcoin. In this case, you can burn as many Quarks as you want and receive an equal number of Newcoins. For #2, there are a bunch of different options you can do though. For instance, you can set a limit on how many coins will be available in the sale. Ex. have a 10 million Newcoin IPO cap but still have a fixed 1:1 (or whatever) conversion rate.

Personally, I prefer option #1 because it lets the market decide how valuable the Newcoins are. Option #2 is what Ethereum is currently doing with their Ether presale. I worry this option creates an artificial price that could cause fluctuations once the coin is put on exchanges.

I see, interesting points

Actually I will take #1 for the concept paper, thanks Josh.

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[digitalindustry]

Because this coin is searching for the minimum of the second bottom of the double bottom.

100% right these fools think they are the "captains of the free market" they think their pissing in the wind is going to effect the market in more than a fraction of a time - just kind of simple people actually

here is the solution that goes 50 to 70 % of the way to fixing the hash solution all the trolls fell dead silent as soon as i released it ha ha -

previously they were Shilling "superblocks" to Max  ( he was likely laughing to himself)

now i have a real solution that does not touch the integrity of Quark inflation rate or any other parameter - but:

- helps hash
- engages the network
- encourages full nodes
- builds community and society

its called (with satire) the communist bloc -

https://bitcointalk.org/index.php?topic=726374.0

I'm putting up a 10,000 Quark bounty to start with but if you want to support it feel free to pledge - we will grow the bounty and get this innovation integrated.

Don't forget to thank our useless shills : D after all without their mindless trolling and general misunderstanding of all things crypto we would not have this innovation !

here's laughing at you !  if you were not so terrible at your job we could not constantly improve !

[maok]

previously they were Shilling "superblocks" to Max  ( he was likely laughing to himself)

on what fucking planet are you living on? Those weren't trolls or shills users, that was an official meeting that took place with Quark main dev which is Max. You have the full transcript, Max was the one that brought the subject up and said that this solution could be implemented to incentivize regular people to keep their PC open. I agree and so most of the core supporters.

For those who wish to see more details partial conversation is listed here: http://www.reddit.com/r/QuarkCoin/comments/2cnzru/from_the_chat_max_considering_adding_random_block/ where I also posted this solution further to the calculations done by promethium.

Do some math to my proposal of 500 block reward per day, it would add annually ~175,200 QRK + the current 1,050,000 = 1,225,200 which is 0.49%, in 5 years it will drop to 0.48% annually inflation, in 10 years to 0.47% and so on. It never goes beyond 0.5% which is what most quarkers already know to be the inflation. Those extra 175,200 are meant to protect the big investors that you talk about by helping in a small way to keep the network protected by adding some sort of lotto reward which could motivate regular users to keep their wallet open and mine.

All these small steps could help Quark, your solutions are based on donations which DO NOT WORK in real life. Like someone previously said, people don't donate even if there's life at stake and you want them to donate so that others might win on their back. Get real. The protocol solution is a much more productive step in helping Quark hashrate.

[reRaise]

previously they were Shilling "superblocks" to Max  ( he was likely laughing to himself)

on what fucking planet are you living on? Those weren't trolls or shills users, that was an official meeting that took place with Quark main dev which is Max. You have the full transcript, Max was the one that brought the subject up and said that this solution could be implemented to incentivize regular people to keep their PC open. I agree and so most of the core supporters.

For those who wish to see more details partial conversation is listed here: http://www.reddit.com/r/QuarkCoin/comments/2cnzru/from_the_chat_max_considering_adding_random_block/ where I also posted this solution further to the calculations done by promethium.

He has always been against changes to the code if not approved by him, then he turns against them like he kicked out some core members back in december when they wanted to fix what could be fixed.

[maok]

previously they were Shilling "superblocks" to Max  ( he was likely laughing to himself)

on what fucking planet are you living on? Those weren't trolls or shills users, that was an official meeting that took place with Quark main dev which is Max. You have the full transcript, Max was the one that brought the subject up and said that this solution could be implemented to incentivize regular people to keep their PC open. I agree and so most of the core supporters.

For those who wish to see more details partial conversation is listed here: http://www.reddit.com/r/QuarkCoin/comments/2cnzru/from_the_chat_max_considering_adding_random_block/ where I also posted this solution further to the calculations done by promethium.

He has always been against changes to the code if not approved by him, then he turns against them like he kicked out some core members back in december when they wanted to fix what could be fixed.

If we adopt this solution he can stick on the old blockchain and make his transactions useless. It all depends on the majority not on one guy. Those that got kicked maybe didn't understood this: you can't get kicked out from a decentralized system.

[reRaise]

previously they were Shilling "superblocks" to Max  ( he was likely laughing to himself)

on what fucking planet are you living on? Those weren't trolls or shills users, that was an official meeting that took place with Quark main dev which is Max. You have the full transcript, Max was the one that brought the subject up and said that this solution could be implemented to incentivize regular people to keep their PC open. I agree and so most of the core supporters.

For those who wish to see more details partial conversation is listed here: http://www.reddit.com/r/QuarkCoin/comments/2cnzru/from_the_chat_max_considering_adding_random_block/ where I also posted this solution further to the calculations done by promethium.

He has always been against changes to the code if not approved by him, then he turns against them like he kicked out some core members back in december when they wanted to fix what could be fixed.

If we adopt this solution he can stick on the old blockchain and make his transactions useless. It all depends on the majority not on one guy. Those that got kicked maybe didn't understood this: you can't get kicked out from a decentralized system.

Well eventually they left themselves, because they couldn't work together with kolin since he was the gateway between the community and max and since max pretty much disappeared at a crucial time when quark was booming people saw kolin as the face of quark, but he didn't gave these members room for working on quark since he believed they wanted to harm quark just like he says now with his "shilling for superblocks"

[coinerer]

Sundays chat: http://pastebin.com/jviD91wL

Two big investors from Sundays meeting are dumping whole the time and they are not satisfied with current dev. One of them said:

[21:35:15] <@QuarkieFM> dumping 1 million coins coming weeks

[21:37:28] <@QuarkieFM>  I had hope in Quark from the start, and I am saddened to see it's demise. In my point of view, everyone still left in the team should sell, cut their losses, keep their friends, and take their talents elsewhere."

After the fall of about 95% he advices to "everyone still left in the team should sell, cut their losses, keep their friends, and take their talents elsewhere."

For your good, be careful with reading or listening such advices. No difference with an usual trollbox at all.

At the end decision is yours what to listen.

[Coinmama2014]

previously they were Shilling "superblocks" to Max  ( he was likely laughing to himself)

on what fucking planet are you living on? Those weren't trolls or shills users, that was an official meeting that took place with Quark main dev which is Max. You have the full transcript, Max was the one that brought the subject up and said that this solution could be implemented to incentivize regular people to keep their PC open. I agree and so most of the core supporters.

For those who wish to see more details partial conversation is listed here: http://www.reddit.com/r/QuarkCoin/comments/2cnzru/from_the_chat_max_considering_adding_random_block/ where I also posted this solution further to the calculations done by promethium.

He has always been against changes to the code if not approved by him, then he turns against them like he kicked out some core members back in december when they wanted to fix what could be fixed.

If we adopt this solution he can stick on the old blockchain and make his transactions useless. It all depends on the majority not on one guy. Those that got kicked maybe didn't understood this: you can't get kicked out from a decentralized system.

Well eventually they left themselves, because they couldn't work together with kolin since he was the gateway between the community and max and since max pretty much disappeared at a crucial time when quark was booming people saw kolin as the face of quark, but he didn't gave these members room for working on quark since he believed they wanted to harm quark just like he says now with his "shilling for superblocks"

Hmmm..yes, It seemed Kolin was in charge at the old Quark Forum, and many claimed they were kicked out (banned from the forum) or maligned when they disagreed.  This seems to be happening again, with the "trolls" and "shills" comments (he even called Max a Shill on the Reddit, lol- so its a bit ridiculous). Anyway,  I came into Quark just at the tail end of that, when the new Foundation Forum formed..

The Foundation formed as a way of getting free of that, and helping to fairly launch projects..but the Foundation, although with good intentions, never really got to be a fully structured organization- a re-structuring is needed now. We had some funding a while back when the value of Quark was much higher, but much of those funds have been utilized-

Hey, Maok, can you start a thread on the quarktalk.org for the block reward discussion?

[digitalindustry]

previously they were Shilling "superblocks" to Max  ( he was likely laughing to himself)

on what fucking planet are you living on? Those weren't trolls or shills users, that was an official meeting that took place with Quark main dev which is Max. You have the full transcript, Max was the one that brought the subject up and said that this solution could be implemented to incentivize regular people to keep their PC open. I agree and so most of the core supporters.

For those who wish to see more details partial conversation is listed here: http://www.reddit.com/r/QuarkCoin/comments/2cnzru/from_the_chat_max_considering_adding_random_block/ where I also posted this solution further to the calculations done by promethium.

Do some math to my proposal of 500 block reward per day, it would add annually ~175,200 QRK + the current 1,050,000 = 1,225,200 which is 0.49%, in 5 years it will drop to 0.48% annually inflation, in 10 years to 0.47% and so on. It never goes beyond 0.5% which is what most quarkers already know to be the inflation. Those extra 175,200 are meant to protect the big investors that you talk about by helping in a small way to keep the network protected by adding some sort of lotto reward which could motivate regular users to keep their wallet open and mine.

All these small steps could help Quark, your solutions are based on donations which DO NOT WORK in real life. Like someone previously said, people don't donate even if there's life at stake and you want them to donate so that others might win on their back. Get real. The protocol solution is a much more productive step in helping Quark hashrate.

so you are a social scientist now?

where or how do you determine that "donations don't work"

where as of course _ inflation does ? ha 

can you link me to the social experiment that proves that donations don't work?

[cryptohunter]

The communist block idea does not sound like it would work to me. But if you get it built then let's see.

I mean a lottery system where everyone (every miner) has a chance of winning (mining a superblock) then why donate? the donations do not increase your chance of winning right? the large hash whales that already have a ton of cash for rigs etc will win more often than the small miners? why would most donate to feed the hash whales? donations usually work best (if they do work) if you are helping those worse off not those you consider to probably be in a better position than yourself.

QRK inflation doesn't sound good either. I guess a superblock is an instant 10% inflation but if controlled and not released to the market until demand is up 100-1000% then that is not an issue.

There is no real point making superblocks other than the one the foundation would use to attract a development team and fund projects.

Creating super blocks for miners? they will still just dump since there is no more real reason to hold qrk if we don't give them some reason to hold their coins. We are just creating more qrk to dump and no more reason to hold or purchase qrk?  the security of the qrk chain can be achieved without inflation with the companion coin.

Nothing else matters at this point other than

1. getting the foundation members and leadership sorted out.
2. getting a talented dev/,marketing and project management teams on board.

[digitalindustry]

The communist block idea does not sound like it would work to me. But if you get it built then let's see.

I mean a lottery system where everyone (every miner) has a chance of winning (mining a superblock) then why donate? the donations do not increase your chance of winning right? the large hash whales that already have a ton of cash for rigs etc will win more often than the small miners? why would most donate to feed the hash whales? donations usually work best (if they do work) if you are helping those worse off not those you consider to probably be in a better position than yourself.

QRK inflation doesn't sound good either. I guess a superblock is an instant 10% inflation but if controlled and not released to the market until demand is up 100-1000% then that is not an issue.

There is no real point making superblocks other than the one the foundation would use to attract a development team and fund projects.

Creating super blocks for miners? they will still just dump since there is no more real reason to hold qrk if we don't give them some reason to hold their coins. We are just creating more qrk to dump and no more reason to hold or purchase qrk?  the security of the qrk chain can be achieved without inflation with the companion coin.

Nothing else matters at this point other than

1. getting the foundation members and leadership sorted out.
2. getting a talented dev/,marketing and project management teams on board.

100% agree with you -

heres the difference and i don't know if its just me but this is plain simple common sense :

1. The C- bloc does NOT change Quark parameters

2. "Superblockz" inflation is a train wreck.  

so out of those two options (barring a frontal lobe lobotomy) (or a happy childhood with a LOT of fluoride )

which one would you try first?


now let me speak on miner psychology - not all miners are created equal , some might mine to dump some might mine to invest, mining is mining, if people want to buy a few GPU and mine great. that helps our network.

everyone put in the work they have the chance to get the random block.

you see this policy is neutral - it can still work with a Merge as it is not changing the parameters in any way.

[digitalindustry]

1. getting the foundation members and leadership sorted out.
2. getting a talented dev/,marketing and project management teams on board.

1. "leadership" is irrelevant - this is not Bitcoin there is no mining monopoly - there is only investors and sellers, and the core code.

2. "marketing" is largely "education" as Crypto is again as i said not something we have to slimly push at people it is what it is it either IS or IS not a good investment  ( of course our "captains of online influence" know this) ( the guys that couldn't get a job so ended up trolling the INTERNET. )

now point 2, what makes it a "good investment" ? well i can tell you not fucking with "superblockz" is a start.

of course tards know this i'm largely talking to myself.

: D

message to people that believe in "crypto democracy"   if you don't like what i say and  your hurt and emotional don't buy crypto currency.

this is not a democracy outside "one PCP one vote"  (under our algorithm )

however if you want to help Quark, you are by default my friend. 

[quarkfx]

Hey guys, as was written I am currently working on a Proof of Work Burn concept paper. The draft is almost finished and if you want to peek in feel free to hit me a PM and I can make it available to you if you help with proof reading.

[digitalindustry]

Hey guys, as was written I am currently working on a Proof of Work concept paper. The draft is almost finished and if you want to peek in feel free to hit me a PM and I can make it available to you if you help with proof reading.

see now that's something i can help with !

[Thule]

1. "leadership" is irrelevant - this is not Bitcoin there is no mining monopoly - there is only investors and sellers, and the core code.

2. "marketing" is largely "education" as Crypto is again as i said not something we have to slimly push at people it is what it is it either IS or IS not a good investment  ( of course our "captains of online influence" know this) ( the guys that couldn't get a job so ended up trolling the INTERNET. )

And thats exectly why quark wont succeed with you parasite.As you use quark as investment to make quick fiat.You dont care about the idea behind crypto.You will do everything to rape people out of their money.
Such fucking sick bastards like you are the people who are destroying the world.And to say the truth i give shit about your piss democracy for morons like you since i prefer a republic.

[nuttynoah]

Watching the latest Keiser Report today (637) he interviews Peter Greenhill who is Head of e-Gaming Development on the Isle of Man.  He mentions the forthcoming Isle of Man Crypto Valley Summit.
Is Quark going to be represented here, seems like it could be pretty major.

http://www.whereyoucan.com/Events-Details/Crypto-Valley-Summit.aspx

[coinerer]

I will agree with changing parameters of Quark immediately after Bitcoin or Litecoin change their parameters.

Before that moment I agree only with ideas up to 0.5% annual interest on the initial assumed amount of Quark. (not exponential growth)

By your opinions, what will be the minimum of the second bottom of the double bottom for Quark? Quark looks very stable below 2000 sat now.

[coinerer]

If somebody is interested in new OpenSSL https://www.openssl.org/source/openssl-1.0.1i.tar.gz

http://www.openssl.org/news/secadv_20140806.txt

[Splirow]

Hi,

I have compiled a headless quarkcoind on linux. CPU shows 99%. I do not want it to mine. How can I do that?

[K1773R]

Hi,

I have compiled a headless quarkcoind on linux. CPU shows 99%. I do not want it to mine. How can I do that?

100% cpu dosnt not mean its mining.

Code:

quarkcoind getmininginfo

should show if your mining or not, to disable it put gen=0 into your *.conf
while sycning, it will of course use cpu too.