Post
Topic
Board Altcoin Discussion
Re: Quark Coin Dev Says its a SCAM "Kolin and Max have disappeared"
by
EntropyExtropy
on 14/12/2013, 18:03:11 UTC
If you don't see that there's a technical forum full of pleas for people who are having issues with wallets, sending transactions, quark disappearing, etc., then it's easy to say that there's nothing to 'fix'. But, further, a coin's intrinsic value derives from continued development of that coin; the introduction of new features, refinements in client, etc. There was no active, forward development of quark.

I will say that development does not end with code improvement. Development extends to coordination and management, infrastructure improvements, public relations and branding, etc. None of which happened during the period between launch and November. When I stepped in to the Quark project, I helped to bootstrap community development while we frantically tried to find Max. I got our IRC development channels up and running, did outreach, did a code audit, pushed for and worked on the blockchain audit, etc.

I highly suggest you look at the audit of the blockchain. It's very telling. When we claim that 100 wallets (not people, wallets) holding 60% of the monetary supply isn't 'bad' because other coins are similar, we should also remember that other coins still have the prospect for participation in mining, whereas Quark does not.