[ANN] [QRK] Quark | Core 0.10 upgrade

[oroqen]

"difficulty" : 221.92039577

correct me if i'm wrong, but couldn't the difficulty drop by 50% over 20 blocks if/when people stop mining?

[lenny_]

the author hopes not! Help restore immature 51200 coins! I will give 50% for the help

Before the coins mature they need to see a certain amount of blocks found.

His coins will never confirm. He just sits with 0 blocks downloaded chain, 0 connections outside, and his client keep mining at initial, ~0 difficulty (that's default client behaviour, to keep mining on current block, no matter what). He keeps mining useless blocks at 0 height, too stupid to connect his client properly and too stupid to understand, that he did not own ANY coins.

[FreeTrade]

Is removing UPnP support a type of scam to allow more early mining for people with the UPnP patch?

Easier to compile without upnp. The world does not owe you a client.

[tourdefran]

http://i.qkme.me/3v9yig.jpg

[oroqen]

9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein)

What coin did that first?

[GSnak]

Looks like the VPS crowd got bored with Primecoin.

[FreeTrade]

9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein)

What coin did that first?

Another coin was SIC or Sifcoin - from a russian creator. I don't know if it was the first.

But look at these params - Inflatocoin

https://cryptocointalk.com/topic/676-sifcoin-sic-information/

It goes to show that you can innovate, but if someone copy/pastes with better parameters, that coin will do better.

[achillez]

Quarkcoin difficulty falling a bit. Now at "200". Transactions still moving along at a good clip. Besides the hashpersec not shown this coin is doing nicely.

[Armchair Miner]

Sha-3 is mentioned in Inflatocoin. The Russian CopperLark (mcxnow.com) is based on sha-3 and they have a GPU miner already.

[xibeijan]

awesome coin

[quarkcoin]

9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein)

What coin did that first?

Another coin was SIC or Sifcoin - from a russian creator. I don't know if it was the first.

But look at these params - Inflatocoin

https://cryptocointalk.com/topic/676-sifcoin-sic-information/

It goes to show that you can innovate, but if someone copy/pastes with better parameters, that coin will do better.

Quark does borrow hashing functions from SIC, but has significant differences:

1. Instead of 6 rounds of hashing, 9 rounds of hashing, with 3 of the rounds applying a random hash algorithm.
2. Different difficulty adjustment algorithm.
3. Different reward calculation algorithm.
4. Quark supports transaction comments (similar to Florin). This functionality will be exposed in the UI and RPC interface in a future release.

[Lauda]

Quark does borrow hashing functions from SIC, but has significant differences:

1. Instead of 6 rounds of hashing, 9 rounds of hashing, with 3 of the rounds applying a random hash algorithm.
2. Different difficulty adjustment algorithm.
3. Different reward calculation algorithm.
4. Quark supports transaction comments (similar to Florin). This functionality will be exposed in the UI and RPC interface in a future release.

Any news on more updates?
A website maybe? 

[ig0tik3d]

Quark does borrow hashing functions from SIC, but has significant differences:

1. Instead of 6 rounds of hashing, 9 rounds of hashing, with 3 of the rounds applying a random hash algorithm.
2. Different difficulty adjustment algorithm.
3. Different reward calculation algorithm.
4. Quark supports transaction comments (similar to Florin). This functionality will be exposed in the UI and RPC interface in a future release.

how about resolve problem sync with network?

[quarkcoin]

Quark does borrow hashing functions from SIC, but has significant differences:

1. Instead of 6 rounds of hashing, 9 rounds of hashing, with 3 of the rounds applying a random hash algorithm.
2. Different difficulty adjustment algorithm.
3. Different reward calculation algorithm.
4. Quark supports transaction comments (similar to Florin). This functionality will be exposed in the UI and RPC interface in a future release.

how about resolve problem sync with network?

Quark doesn't use IRC to find nodes. Instead it uses DNS lookup to a seed node. This node is frequently too busy to accept new connections.

Try posting your IP address here, opening your port and allowing other nodes to connect to you.

[megges]

are there any bountys for an blockexplorer or something like that?

[ohiwastedmylif]

Very interesting coin.

Any hopes for it to go to cryptsy?

[Lauda]

Very interesting coin.

Any hopes for it to go to cryptsy?

Yeah hopefully, on coins-e it's undervalued.

[oroqen]

9 rounds of hashing from 6 hashing functions (blake, bmw, groestl, jh, keccak, skein)

What coin did that first?

Another coin was SIC or Sifcoin - from a russian creator. I don't know if it was the first.

But look at these params - Inflatocoin

https://cryptocointalk.com/topic/676-sifcoin-sic-information/

It goes to show that you can innovate, but if someone copy/pastes with better parameters, that coin will do better.

thanks, Way to many coins too keep track of.

[FreeTrade]

on coins-e it's undervalued.

No it's not. No one wants to buy it. NO ONE.
Proof: I tried to sell them at the simple condition that I would guarantee my prices to be lower than everyone else.
I sold about 2k out of 28k.
I got rid of my 26k by giving it away and even that took some time.

You should expect this coin to closely follow the cost of electricity required to mine it. It's CPU, so cost of equipment is not a big factor - those mining likely already have equipment, so its a sunk cost. Also you need to factor in Botnet controllers who can mine at a lower cost (they're not paying for the equiment or the electric).

The potential for this coin is in 3 or 4 months time when supply starts to dry up. If it is useful for anything by then, it'll do very well.

[altsay]

on coins-e it's undervalued.

No it's not. No one wants to buy it. NO ONE.
Proof: I tried to sell them at the simple condition that I would guarantee my prices to be lower than everyone else.
I sold about 2k out of 28k.
I got rid of my 26k by giving it away and even that took some time.

You should expect this coin to closely follow the cost of electricity required to mine it. It's CPU, so cost of equipment is not a big factor - those mining likely already have equipment, so its a sunk cost. Also you need to factor in Botnet controllers who can mine at a lower cost (they're not paying for the equiment or the electric).

The potential for this coin is in 3 or 4 months time when supply starts to dry up. If it is useful for anything by then, it'll do very well.

It seems miners are trying to dump, or dumping if they're lucky, the coins right away and this is a poor decision they'll be regret about in the next months. Patience will bring more profit on QRK as it will on XPM.