[ANN] [QRK] Quark | Core 0.10 upgrade

[Hilux74]

I think if the companion coin idea takes hold a QRK+POS coin would be worth looking at.  So far there has been only one attempt at a Quark algo + POS coin (that failed...Probe).  That is the kind of uniqueness and standing out from the crowd that Quark is all about.  And if we go the POS route we should look at Hobonickels (HBN) as a model both for stake reward and for the more old school longterm pow along with the pos, as opposed to the recent coins that have idiotic week long mining periods that scream pump and dump.  HBN has 100% interest/year and is a nice coin to hold, as such there tends to be little dumping and purchase demand remains solid as it is a coin that is satisfying to hoard like silver and gold.  Since purchase demand is stable the coins still maintains medium liquidity when you decide to sell some off.  HBN also has the best coin control features of any coin.  A coin like that with Quark as the pow algorithm would be awesome (most secure, asic resistant, low power GPU mining).

[mcphervi]

I think if the companion coin idea takes hold a QRK+POS coin would be worth looking at.  So far there has been only one attempt at a Quark algo + POS coin (that failed...Probe).  That is the kind of uniqueness and standing out from the crowd that Quark is all about.  And if we go the POS route we should look at Hobonickels (HBN) as a model both for stake reward and for the more old school longterm pow along with the pos, as opposed to the recent coins that have idiotic week long mining periods that scream pump and dump.  HBN has 100% interest/year and is a nice coin to hold, as such there tends to be little dumping and purchase demand remains solid as it is a coin that is satisfying to hoard like silver and gold.  Since purchase demand is stable the coins still maintains medium liquidity when you decide to sell some off.  HBN also has the best coin control features of any coin.  A coin like that with Quark as the pow algorithm would be awesome (most secure, asic resistant, low power GPU mining).

Thanks a lot for the feedback! Note that this is only a discussion to talk out options.

Personally I like the idea of POS. However - that particular option won't fly because of the finickyness of POS blockchains and the recent controversy re: the actual security offered by POS. From my conversations with our developers re: Quark itself, they expressed concerns over the nearly daily involvement by the development team with POS blockchains - they require a lot of babysitting.

I also struggle conceptually with the problem of potentially crowding Quark out of market segments if any new coin were to be too close in characteristics.

[georgem]

A 30 million block of qrk mined and handed to escrow. Released in little bits to pay for developments and service creation for qrk as voted for by the qrk community. There is no development pot currently like other coins have.  We just need to discuss the possible pro's and con's of this before deciding either way. Most so far do NOT seems to agree with it. However it has not really been analysed of seriously debated as yet.

The other optioin is some seriously good ROI projects.

I think that's a bad idea. In general I think development funds are a bad idea.

In the real economy you don't just create money upfront under the guise that you will then use the money to create "useful stuff for society".
That creates a lot of distrust and unneeded centralization, it's exactly like governments and banks act in this fiat money system that we have, and we do NOT want to have any similarity with them.

Why not do it like we all have to do in our daily lifes:

You have to FIRST create something, and THEN you can ask people to buy it, and give you money.

NOT the other way around.

If anyone wants to help QRK, the best thing he can do is to buy a few QRK upfront (investment), and then go ahead and create something usefull for QRK.
If this thing turns out to be really helpful for QRK, the following price increase will create the ROI (return on investment).

As simple as that.

[Tearscoin]

POW+POS is a good idea, maybe add anonymous in QRK is better

[georgem]

POW+POS is a good idea, maybe add anonymous in QRK is better

Changing a coin in such a fundamental way is totally wrong IMHO.

I understand forking to fix errors, but not this.

[BitQuark]

I agree with Georgem. QRK was based on a fast distribution idea of 6 months and that's what people signed on for. If it fails, then it fails...If it succeeds then it succeeds. QRK was a test and IMHO I wouldn't change anything. If people aren't satisfied with the current situation then they should move on to something else...point is buyers of QRK knew what they were getting into and if they didn't, then they didn't do their research. I lost lots of money with QRK but that's all water under the bridge now and I've moved on.

[georgem]

I agree with Georgem. QRK was based on a fast distribution idea of 6 months and that's what people signed on for. If it fails, then it fails...If it succeeds then it succeeds. QRK was a test and IMHO I wouldn't change anything. If people aren't satisfied with the current situation then they should move on to something else...point is buyers of QRK knew what they were getting into and if they didn't, then they didn't do their research. I lost lots of money with QRK but that's all water under the bridge now and I've moved on.

+1

but don't say that you lost money with QRK unless you already realized your loss. (sold your QRK for cheap)
QRK can still rise if there are valuable servies and products offered.

I have 20k QRK lying around, and I plan to not sell them until QRK is over 1$.

[BitQuark]

I agree with Georgem. QRK was based on a fast distribution idea of 6 months and that's what people signed on for. If it fails, then it fails...If it succeeds then it succeeds. QRK was a test and IMHO I wouldn't change anything. If people aren't satisfied with the current situation then they should move on to something else...point is buyers of QRK knew what they were getting into and if they didn't, then they didn't do their research. I lost lots of money with QRK but that's all water under the bridge now and I've moved on.

+1

but don't say that you lost money with QRK unless you already realized your loss. (sold your QRK for cheap)
QRK can still rise if there are valuable servies and products offered.

I have 20k QRK lying around, and I plan to not sell them until QRK is over 1$.

I still have QRK in storage, but when I got into QRK in late Nov-early December I bought in ($1,000 worth)at almost $0.25 USD each and now, well we know where it's at :-/

[georgem]

I still have QRK in storage, but when I got into QRK in late Nov-early December I bought in ($1,000 worth)at almost $0.25 USD each and now, well we know where it's at :-/

I feel you.

My plan is to always accumulate cryptos over time.
So I never buy a bunch of them in one day, but look that I can buy a few every week.

Therefor I was able to get a good average price since the price has been quite low in the last few months.

[BitQuark]

I still have QRK in storage, but when I got into QRK in late Nov-early December I bought in ($1,000 worth)at almost $0.25 USD each and now, well we know where it's at :-/

I feel you.

My plan is to always accumulate cryptos over time.
So I never buy a bunch of them in one day, but look that I can buy a few every week.

Therefor I was able to get a good average price since the price has been quite low in the last few months.

Yea thats about what I've been doing lately

[mcphervi]

I agree with Georgem. QRK was based on a fast distribution idea of 6 months and that's what people signed on for. If it fails, then it fails...If it succeeds then it succeeds. QRK was a test and IMHO I wouldn't change anything. If people aren't satisfied with the current situation then they should move on to something else...point is buyers of QRK knew what they were getting into and if they didn't, then they didn't do their research. I lost lots of money with QRK but that's all water under the bridge now and I've moved on.

Quark isn't likely to be forked any time soon but that doesn't mean the current situation is going to continue long term. If people want to move on that's fine, but having the dev of a different coin come under the guise of being a supporter to subtly suggest shifting allegiances over to their coin isn't exactly great.

Quark is not going away - if we need to adapt, we can and will. I look at Quark as an organization/community with a central coin, not at it as a central coin with a organization that just happens to be around it.

[BitQuark]

I agree with Georgem. QRK was based on a fast distribution idea of 6 months and that's what people signed on for. If it fails, then it fails...If it succeeds then it succeeds. QRK was a test and IMHO I wouldn't change anything. If people aren't satisfied with the current situation then they should move on to something else...point is buyers of QRK knew what they were getting into and if they didn't, then they didn't do their research. I lost lots of money with QRK but that's all water under the bridge now and I've moved on.

Quark isn't likely to be forked any time soon but that doesn't mean the current situation is going to continue long term. If people want to move on that's fine, but having the dev of a different coin come under the guise of being a supporter to subtly suggest shifting allegiances over to their coin isn't exactly great.

Quark is not going away - if we need to adapt, we can and will. I look at Quark as an organization/community with a central coin, not at it as a central coin with a organization that just happens to be around it.

I never suggested that anyone shift allegiance over to BTQ. I am a longtime supporter of QRK.

[stompix]

So you were twisting my words. Shaq Fu was originally called an abomination by EA in the 90's, and is still considered to this day to be one of the worst games in history. I even talked about DLC (which they didn't have in 1995) in my original post. I don't know how you could be stupid enough to combine that with Quark being released again on a SNES cartridge with Quark support?

I was actually surprised about that but it seems it's real:

http://en.wikipedia.org/wiki/Shaq_Fu
http://www.gametrailers.com/videos/vd0xxz/gt-countdown-top-ten-best-and-worst-games-of-all-time

It is considered one of the worst video games of all time

At least they mention quark:

At the 2014 Consumer Electronics Show, Shaquille O’Neal confirmed speculations in an interview with GamerFitnation that there would be a Shaq Fu 2.[8] On March 6, 2014 an Indiegogo crowdfunding campaign was started for Shaq-Fu: A Legend Reborn. It will feature gameplay that heavily differs from its predecessor. The funding goal was $450,000 USD. If achieved, the game creators at Big Deez Productions promised the game would be released on consoles (PS4, Wii U, PS3, XBox One and XBox 360). The campaign ended on May 5, 2014, with the funding goal exceeded at $473,884.[1] Additionally, the game creators at Big Deez have made an unprecedented announcement: They will be accepting Quark crypto-currency as a method of in-game payment. [9]

[mcphervi]

So you were twisting my words. Shaq Fu was originally called an abomination by EA in the 90's, and is still considered to this day to be one of the worst games in history. I even talked about DLC (which they didn't have in 1995) in my original post. I don't know how you could be stupid enough to combine that with Quark being released again on a SNES cartridge with Quark support?

I was actually surprised about that but it seems it's real:

http://en.wikipedia.org/wiki/Shaq_Fu
http://www.gametrailers.com/videos/vd0xxz/gt-countdown-top-ten-best-and-worst-games-of-all-time

It is considered one of the worst video games of all time

At least they mention quark:

At the 2014 Consumer Electronics Show, Shaquille O’Neal confirmed speculations in an interview with GamerFitnation that there would be a Shaq Fu 2.[8] On March 6, 2014 an Indiegogo crowdfunding campaign was started for Shaq-Fu: A Legend Reborn. It will feature gameplay that heavily differs from its predecessor. The funding goal was $450,000 USD. If achieved, the game creators at Big Deez Productions promised the game would be released on consoles (PS4, Wii U, PS3, XBox One and XBox 360). The campaign ended on May 5, 2014, with the funding goal exceeded at $473,884.[1] Additionally, the game creators at Big Deez have made an unprecedented announcement: They will be accepting Quark crypto-currency as a method of in-game payment. [9]

Hey guys - just some more confirmation - this list is from an email I sent coindesk for this article:
http://www.coindesk.com/all-things-alt-quarks-shaq-cess-blackcoins-pr-pivot-and-dogecoins-victory-lap/

Was also covered here:
http://www.cryptocoinsnews.com/news/quarkcoin-partners-moolah-shaq-fu-2-team/2014/04/12

Original Quark Integration Announcement at bottom of announcement of console release for hitting their target: https://www.facebook.com/ShaqFuALegendReborn/photos/a.627166060672312.1073741828.626591630729755/642635655792019/?type=1

Quark Gauntlet: https://www.facebook.com/ShaqFuALegendReborn/photos/a.627166060672312.1073741828.626591630729755/652451978143720/?type=1

Quote from Shaq-Fu AMA on reddit:
http://www.reddit.com/r/IAmA/comments/23m50m/im_oliver_hollisleick_lead_writer_and_designer/cgyek61
OliverHollisLeick 10 points 13 days ago
Just Quarkcoins. It's a coin we have a lot of faith in and we think it's certainly the coin of choice. Their transaction speed and security is extremely good."

Announcement of funding success: https://www.facebook.com/ShaqFuALegendReborn/posts/654338221288429
Note that there are also tweets for confirmation as well.

[cryptohunter]

I agree with Georgem. QRK was based on a fast distribution idea of 6 months and that's what people signed on for. If it fails, then it fails...If it succeeds then it succeeds. QRK was a test and IMHO I wouldn't change anything. If people aren't satisfied with the current situation then they should move on to something else...point is buyers of QRK knew what they were getting into and if they didn't, then they didn't do their research. I lost lots of money with QRK but that's all water under the bridge now and I've moved on.

 If it fails it fails? ?I am 100% sure no other real qrk investors take that attitude. We need serious discussion based on real pros and cons. I have yet to hear any real negative for the super block or any real alternative. If it fails it fails is not an alternative for people holding qrk.  



People come into failing companies every day and turn them around. You don't say to investors you knew we ran our business like this, it's an outdated model that looked good once, so we will stick with it and if it dies it dies? we don't want to change anything. We're dying but you signed up for it like this so we won't change it?? can't see that kind of announcement bringing new interest and investment to qrk.

Please let's be sensible.


1. the goal is for qrk NOT to fail. This is obviously the first thing we all naturally agree on. If you are not bothered if qrk fails then there is no need for you to be here, get back to bitquark.


Let's work through this logically as possible.

1. we want developments, and services
2. you need developers and project managers, coders, marketing
3. developers/project managers need incentive - either big investments and holdings of QRk - now or as payment after they created or payment in some other form.
4. Most of the qrk whales are not devlopers/project managers for qrk. They simply bought QRK waiting magically for it to go 100x in value ... a lot have forgotten they own a few hundred bucks of it.


So this is where we are. We want things done with no money to pay for it right? Those holding the qrk will not develop, market, create projects.... nor will they give their qrk away. There are no new blood miners coming in either.

What are the options,

1. we ask the qrk whales to donate  = not going to happen
2. we all donate a small amount of qrk and build a development pot= not going to happen because everyone looks at everyone else to do it and does not want to be the only fools giving money away when they will get no more benefit from it than those that don't donate.

3. we all agree that we give 10% of holdings and every single person has a guarantee that any rewards gained will be proportional to what he gave. This is what the super block would do.


A companion coin is probably the key here. It should be created with 330M coins, you can claim them 1 for 1 with qrk. However not only must you have the qrk in your wallet you must be active here and the coins are released to you gradually over time for staying active. This would bring the qrk whales into this board and get them active. This is when we need to have ROI projects ready for their eyes to read about.

If we don't change anything, this is long long road with no fuel in the car. We are up against coins that have devs with pockets loaded full of the coins they are developing for..... let's get serious now ...

We want developments and projects - how are we going to get them.... super block, companion anon coin that actually has some funding for the development and service creation, roi projects?

I hope we can soon start to create a real list of postives and negatives to these new ideas and get a vote going.

Perhaps the new chain should have a voting facility built into the block chain as i have heard some other coins have.

[cryptohunter]

Thanks for joining this conversation. I am pleased to hear that you are open minded about discussion being opened here to the wider qrk community. Also a big thanks for all the work you have done for qrk and are still doing.

I still believe the super block is a great idea and would address a lot of the issues qrk has now. However, yes perhaps i'm wrong....let's build up a kind of list of pros and cons and weigh it in the balance.
LTC is a special case and if released today would not stand out at all. Doge again i see as a special case. It was the first big coin to the 3rd big wave of miners that came in for the dec super pump. It has been likened to the FTC of the 2nd wave. Also DOGE has very wealthy holders that are very involved with crypto and donate huge chunks to their projects. Right now doge and ltc have wide adoption and fame. QRK is very different in some very big ways i have mentioned, although is quite famous i think . QRK was made super popular by DI and bill. They reached out side of the crypto landscape and tapped into investors that have no association with crypto. This was great, but investors are not used to having to become so involved to make their investment work out:)

QRK is a special case. No other coin has most of it's investors sitting outside of the crypto community. If the super block does not happen. We then HAVE to push for ROI projects with Bill involved. The QRK core team is as good if not better than most other coins. The problem is they don't have the funds nor community support behind them. As a core brain storming some or even just one great project that will return nicely to investors is now vital. Once this is successful and people see these opportunities are ...... well ...great opportunities, then it will spiral.

The mining and security of the chain is but one issue. Even if that was solved i still see a great need for building a larger and more dedicated community around qrk at the core to push it up to the top 5 coins. Coins that i view are competing with qrk have

1. larger active communities
2. more whales and crypto wealthy involved and in tune with the crypto scene
3. more features and gadget that create hype sucking in more members to their communities bringing more BTC, ideas and energy.
4. full time devs funded by their premine or instamine.

the super block if handled correctly would really just start QRK as i now see it should have been started. With a large development pot that can not be dumped out at any time, but rather it release is dependent upon continued success and support.

I mean are there really only a handful of people reading this thread? There is thousands of wallets holding qrk?  where are these people and how to reach them and get them involved?

A new companion coin (side chain of qrk) that has a development pot held by escrow and can only be released by votes of those holding the coin could be another option. If the purists don't want features like anon pos etc etc.... then fine. Let's have a companion coin as suggested by a few others before. Create it with 360M - have 60M held by escrows to funds years of development. QRK investors will have to come to the board and claim them.... this will bring qrk investors to the board and get them involved.

Let's do something anyway, even discussion is great. Even debate and argument is better than the thread and community looking like it is dead even if it is not and the core is active.

PR is everything in crypto.

Those with nothing but negative remarks and scorn for the work others have done should be strongly discouraged. If someone does anything at all of their own accord for qrk it should be a positive thing. Ask yourself what you yourself have done for qrk before commenting on those that have tried and continue to try things.

I agree with most of your points - and I think the investors from outside the crypto community cause difficulty for exactly the reason you state - they simply don't participate because they are not used to having to engage with their investments.

I agree that a development fund would be great. I also completely agree that many other coins have developers that are funded by their instamines. This has produced a substantial disparity in the financial resources available to Quark vs other coins.

I agree that a partner coin could potentially work. I also agree that it could have different features and a different market segment target.

Thanks Vic it's good to know your opinion on these matters.

[BitQuark]

You shouldn't need a superblock. If the QRK community believes enough in QRK, then they would and should donate funds to help support the expansion of the currency. Not by creating something that wasn't part of QRK's original idea such as a superblock, then that makes you no better than the FED with their printing of currency out of thin air!

[Netnox]

At the 2014 Consumer Electronics Show, Shaquille O’Neal confirmed speculations in an interview with GamerFitnation that there would be a Shaq Fu 2.[8] On March 6, 2014 an Indiegogo crowdfunding campaign was started for Shaq-Fu: A Legend Reborn. It will feature gameplay that heavily differs from its predecessor. The funding goal was $450,000 USD. If achieved, the game creators at Big Deez Productions promised the game would be released on consoles (PS4, Wii U, PS3, XBox One and XBox 360). The campaign ended on May 5, 2014, with the funding goal exceeded at $473,884.[1] Additionally, the game creators at Big Deez have made an unprecedented announcement: They will be accepting Quark crypto-currency as a method of in-game payment. [9]

This is awesome. I have to say the guys working on quark are one of the few in the Altcoin scene who really have a professional attitude and discipline. Keep up the good work.

[cryptohunter]

You shouldn't need a superblock. If the QRK community believes enough in QRK, then they would and should donate funds to help support the expansion of the currency. Not by creating something that wasn't part of QRK's original idea such as a superblock, then that makes you no better than the FED with their printing of currency out of thin air!

That example i don't believe is valid at all.


Most coins developers create a development pot either by premine or instamine. QRK did not. QRK should have done this, QRk can do it now.

Did you even read my post above? this would be just like a fair donation of 10% that would be guaranteed to return to each holder gains proportional to what they put in by accepting a 10% dilution.

This is nothing like the gov printing money. Macro economics is far to complicated for you to draw any simple comparisons like that.

Also there is nothing to say governments printing money is not a positive thing in a lot of cases, it is far from black and white.

I'd like to hear your alternative other than if it dies it dies.




Just saying you believe it is exactly like the fed or any government printing more money has no real meaning.

Let's hear some real negative effects it could have other than people may not like rule changes after the event. Then again if enough people don't like it after hearing the possible gains and losses it does not have to happen.

I can't wait for some alternative ideas to spring up so that we don't need to look for such drastic actions.

[Coinmama2014]

At the 2014 Consumer Electronics Show, Shaquille O’Neal confirmed speculations in an interview with GamerFitnation that there would be a Shaq Fu 2.[8] On March 6, 2014 an Indiegogo crowdfunding campaign was started for Shaq-Fu: A Legend Reborn. It will feature gameplay that heavily differs from its predecessor. The funding goal was $450,000 USD. If achieved, the game creators at Big Deez Productions promised the game would be released on consoles (PS4, Wii U, PS3, XBox One and XBox 360). The campaign ended on May 5, 2014, with the funding goal exceeded at $473,884.[1] Additionally, the game creators at Big Deez have made an unprecedented announcement: They will be accepting Quark crypto-currency as a method of in-game payment. [9]

This is awesome. I have to say the guys working on quark are one of the few in the Altcoin scene who really have a professional attitude and discipline. Keep up the good work.

  Well thank you very much! A dedicated Reddit member brought this to our attention that it needed updating, and so it was done- still needs a bit of editing...