[ANN] Qora | Released 16 May | 100% POS | New Source

[Mrrr]

I smell fear, uncertainty and doubt.

Strangly nobody specifically spread it. Are we nervous?

I smell Secondleo spreading fud by reporting fud to have been smelled by Secondleo.

I personally think that screenshot proves skills in Diablo II rather than skills in hacking Qora.

And some lucky bastard got his 55 satoshi buy order filled.

Nothing to see here, please move along.

[1714862814]

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[1714862814]

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[Anon136]

i don't need him specifically to tell me where to find the literature. it would be super great if anyone would. surely you guys learned about this new pos algo before you invested you must have learned about it from somewhere.

Friendly advice...  you can't pull off playing stupid when everyone already knows you're NOT!  

rofl. my wife gets so mad at me all the time for playing dumb.

seriously though i really am surprised how many people invested without the dev releasing any info on the pos algo (which i legitimately didn't know he hadn't until just now)

[Secondleo]

I smell fear, uncertainty and doubt.

Strangly nobody specifically spread it. Are we nervous?

I smell Secondleo spreading fud by reporting fud to have been smelled by Secondleo.

I personally think that screenshot proves skills in Diablo II rather than skills in hacking Qora.

And some lucky bastard got his 55 satoshi buy order filled.

Nothing to see here, please move along.

The misunderstanding with the multisend (see, no fud ) caused some people to rather cash out "while it lasts".

But knowing something about the POS algo would be interesting indeed. The advertisement sounds a bit like the transparent forging NXT is talking about. But they havn't implemented that yet as far as I know.

seriously though i really am surprised how many people invested without the dev releasing any info on the pos algo (which i legitimately didn't know he hadn't until just now)

Personally...  I have the same attitude towards this as I do for TF...  we shall see...   

I think these are different breeds of horses. The NXT algo has been reviewed. Transparent forging is not in, but the POS algo can be checked.


Having someone from the outside check the code might be interesting. Finding a trustworthy person to do that isn't a trivial task though.

[Hippie Tech]

where can i find literature on the proof of stake algo and the transaction boosting?

I think its best if you PM qora.
He checks his PM more than he checks this thread.

i don't need him specifically to tell me where to find the literature. it would be super great if anyone would. surely you guys learned about this new pos algo before you invested you must have learned about it from somewhere.

The dev didn't yet reveal details of this new algorithm

That is the 6 million dollar question.

You trust and support this dev and his junk because ?

[dzarmush]

where can i find literature on the proof of stake algo and the transaction boosting?

I think its best if you PM qora.
He checks his PM more than he checks this thread.

i don't need him specifically to tell me where to find the literature. it would be super great if anyone would. surely you guys learned about this new pos algo before you invested you must have learned about it from somewhere.

The dev didn't yet reveal details of this new algorithm

That is the 6 million dollar question.

You trust and support this dev and his junk because ?

You're still crying like a little bitch?

[dzarmush]

I contacted coindesk at news@coindesk.com
Please do so as well in order for us to gather more attention

We're need someone with skills to write some kind of press release or something like that. Otherwise it'll pretty hard for every news website dig into it. We should be able to give them short description.

[Secondleo]

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

[dzarmush]

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

See no reasons for it at this point.

[Hippie Tech]

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

qora has my FULL TRUST...  I leave the decision to him...  if he has decided that the code be obfuscated for now...  SO BE IT!!!  

By the way... you need to make a decision for YOURSELF and stick to it Secondleo... beating around the bush doesn't help much... just saying...  

Let ye who has not double spent cast the first troll ! EDIT.. THATS ME !

You are all a fucking joke.

NO ONE is buying into this sockpuppet spam bot bull's shit.

[dzarmush]

Hippie Tech, gtfo of here with your crap. It's development thread. You want keep posting crap, here you go — https:// all internet is open for you.

[Thekitten]

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

NXT people are not educated yet? First attack NAS, and now again attacked QORA.
I would like to ask the whole community, the whole whole earth is only NXT it?

[dzarmush]

A little update on our reward program. We've got 33 new nodes since the launch! Less than in two days.

How to start receiving 3000 QORA every week for running a node:

https://bitcointalk.org/index.php?topic=623988.msg6939330#msg6939330

[dzarmush]

Almost 150 people added Qora signature. Add it too and receive 1000 QORA a week.

https://bitcointalk.org/index.php?topic=623943.0

[Secondleo]

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

qora has my FULL TRUST...  I leave the decision to him...  if he has decided that the code be obfuscated for now...  SO BE IT!!!  

By the way... you need to make a decision for YOURSELF and stick to it Secondleo... beating around the bush doesn't help much... just saying... 

If everyone is going to make decisions for themselves, nothing will happen. I'm discussing and giving ideas.
Sitting here, hoping the everything will work out fine is a very dependent way of thinking. My daughter does that, she is ten.
The dev already stated in the past, that the release of the code will be community based. What is desired will be done.
So, I am giving Ideas and Vektors to further the cause of the coin. And as blind believe is not my modus operandi, I try to offer some food of thought for this "community". It should grow. And an unreviewed, closed source project that could contain anything (not saying that it does), is not the best foundation for a long lasting and prosperous coin.

[dzarmush]

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

qora has my FULL TRUST...  I leave the decision to him...  if he has decided that the code be obfuscated for now...  SO BE IT!!!  

By the way... you need to make a decision for YOURSELF and stick to it Secondleo... beating around the bush doesn't help much... just saying...  

If everyone is going to make decisions for themselves, nothing will happen. I'm discussing and giving ideas.
Sitting here, hoping the everything will work out fine is a very dependent way of thinking. My daughter does that, she is ten.
The dev already stated in the past, that the release of the code will be community based. What is desired will be done.
So, I am giving Ideas and Vektors to further the cause of the coin. And as blind believe is not my modus operandi, I try to offer some food of thought for this "community". It should grow. And an unreviewed, closed source project that could contain anything (not saying that it does), is not the best foundation for a long lasting and prosperous coin.

Qora has been launched 11 days ago   You're talking like there's a couple of months past. The dev isn't doing any marketing, not asking anyone to buy into Qora. He just launched it and implementing new features. If the client was completed, assets/colored coins, anonymity and other features implemented and the source is published the price would be 700-1000 satoshi, not 70-100.

[notsoshifty]

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

This is a valid and important question. Something can walk like a duck, and quack like a duck, and yet not be a duck. We all know that Qora can do the basics - send/receive funds, register/buy/sell an alias, etc - but as a community we have zero proof that it is a crypto currency in the normal sense. It's likely that some people have examined the obfuscated code, either to find attack vectors or to satisfy themselves that it is a sound investment, but if so the results aren't being shared.

It's fine to have faith in the dev to a certain point, and those who were involved in the IPO (myself included) have struck lucky in the sense that he appears to have delivered the goods. But outside investors putting in their hard earned money will be put off by this "black box" coin, as will the enterprising individuals who will need to build the surrounding services that are required if Qora is to be a success. If I had no Qora, I wouldn't buy 50 million at today's prices with today's information (although I would buy a lesser amount).

I also understand the concerns about open sourcing the code leading to it being cloned. Nxt (whose code was never obfuscated) managed a staged release of the code, an approach which worked well. Can we do the same?

I would ask the dev to release a white paper describing the Qora design, in particular the PoS algorithm, the crypto aspects, and P2P aspects, and any other aspects that are innovative or unique to Qora. Can be brief, nothing fancy. Can be written and edited by a trusted forum member after a short Q&A session with the dev, if he's short on time and busy with coding. This won't help those building clones in any way (it's only the design, not the implementation), but it would go some way towards getting Qora accepted in the wider community.

[akula999]

why is my wallet locked and I dont have a password?

[Mrrr]

So, anyone got an idea as to how the POS algo can be checked. Or the whole code.

Blindly trusting the dev is really an issue.

I am not saying that anything is wrong. What I am saying though is, that the current state of Qora leaves a lot of serious attack vectors open.

I am aware that showing the source will lead to a clonefest. But maybe there is another way to have the code checked without it excaping into the wild.

This is a valid and important question. Something can walk like a duck, and quack like a duck, and yet not be a duck. We all know that Qora can do the basics - send/receive funds, register/buy/sell an alias, etc - but as a community we have zero proof that it is a crypto currency in the normal sense. It's likely that some people have examined the obfuscated code, either to find attack vectors or to satisfy themselves that it is a sound investment, but if so the results aren't being shared.

It's fine to have faith in the dev to a certain point, and those who were involved in the IPO (myself included) have struck lucky in the sense that he appears to have delivered the goods. But outside investors putting in their hard earned money will be put off by this "black box" coin, as will the enterprising individuals who will need to build the surrounding services that are required if Qora is to be a success. If I had no Qora, I wouldn't buy 50 million at today's prices with today's information (although I would buy a lesser amount).

I also understand the concerns about open sourcing the code leading to it being cloned. Nxt (whose code was never obfuscated) managed a staged release of the code, an approach which worked well. Can we do the same?

I would ask the dev to release a white paper describing the Qora design, in particular the PoS algorithm, the crypto aspects, and P2P aspects, and any other aspects that are innovative or unique to Qora. Can be brief, nothing fancy. Can be written and edited by a trusted forum member after a short Q&A session with the dev, if he's short on time and busy with coding. This won't help those building clones in any way (it's only the design, not the implementation), but it would go some way towards getting Qora accepted in the wider community.

The POS is a black box. We'll all sit and look at it for some weeks and see that it won't be frozen on Poloniex like any other (semi) POS coin. Qora must be doing something right.

[Mrrr]

why is my wallet locked and I dont have a password?

You were prompted to enter a seed and a password upon installing the client?

[notsoshifty]

The POS is a black box. We'll all sit and look at it for some weeks and see that it won't be frozen on Poloniex like any other (semi) POS coin. Qora must be doing something right.

Sorry, I don't understand your point

All other crypto currencies that I know of are open source. Anyone can inspect the source, understand for themselves how it works, and check for no nasties (like a hidden premine, or code that lets dev get away with printing money). Most people won't need to, as it will already have been inspected by people who know more about how the code should work; but still, the option is there.

We can't yet do that with Qora. We don't even know how it works - the design - never mind get to see the actual implementation in a readable/understandable form.

Sitting and looking is one option. But maybe we'll sit and look at it for some weeks, and wake up one day to find it is frozen on Poloniex, and our funds are worthless. At least one critical flaw was found in Nxt, fortunately by a good guy who didn't abuse it. People want to know their funds are backed up by code that is solid and watertight, and we need to start the process of proving that's the case.

EDIT: I have no reason to believe there are any technical problems with Qora design/code. I just want to base decisions on facts rather than faith.