Post
Topic
Board Altcoin Discussion
Re: Quark investors - Quark information on cycles and the push to move towards PoS.
by
reRaise
on 27/05/2014, 14:40:31 UTC
No problem - ReRaise - but i have a further question  :

if PoS provides for more security how come advanced check-pointing was conceived with PoS only - do you think this was because of the experimental nature of PoS  ?

genuine question i appreciate your feedback -

I got you, but PoW is great if the network can be secured, see Bitcoin. But what if the network isn't being secure enough by the miners? Quark is a great coin with some thoughtful features like random hashing giving only a 30 seconds window to an attacker with use of market and macroeconomic theory in this field of knowledge. But right now it's quite weak and could face an attack pretty easily. Let's admit it and work this out. Like it said in the quote you can’t build a succesful coin without an appropriate security basis. What do you suggest to fix this issue and what is your opinion on merge mining with Bitcoin?

Here are some non PoS supporting measures http://www.reddit.com/r/QuarkCoin/comments/26lj2g/hashrate_non_pos_supporting_measures/