Quote from: quarkfx on May 28, 2014, 02:46:42 PM

Quote from: digitalindustry on May 27, 2014, 05:10:44 PM

Quark achieved a pretty big goal, and now its time to "come back home" in a respect where we know what its all about, i see Quark as a reserve currency now, i will be using it as that also and people will see what we will achieve in the future.

in the end again when the price inevitably rises there will be those that never listened and we will move into a slight exuberance again.

honestly i see everything as it should be.

certainly some more pools with innovative incentives could help, but its part of a decentralized community equilibrium, i just can't justify throwing that equilibrium out for a perceived threat based on a despair cycle.

Kolin, I agree on the point, that one shouldn´t act based on a short term emotion, but I strongly disagree with your opinion that everything is as it should be:

1. Currently we have a low hashrate which makes the coin susceptical for 51% attacks. Changes of difficulty will affect the hashrate but since the price is low it won´t lead to real improvements.
2. In fact, we aren´t a decentralized community: More than 51% of the hashrate is centered in one pool. Technical issues or abuse would affect Quark directly
3. There is no public long-term plan for core development, while there are some innovative concepts out there with development backing

What the community lacks is perspective and we won´t build that by pretending that things are fine. Even if Quarks´ core is solid and advanced I don´t think that this will be enough in the competition we currently
have in crypto. As you know, even good ideas won´t survive just for the sake of it, people need to adopt them and what they need is a smart concept with a convincing vision for the future. I think we need to work on the latter and we need to work on additional features like sidechains, smart contracts, colored coins. They may be gadgets right now, but they will be part of cryptos future.

What we should do in my opinion

1. Discuss POS/POW hybrid solutions that will allow us to keep a constant inflation and don´t give huge advantages for large wallets (maximum reward was mentioned, there are other possible solutions)
2. Find competent and dedicated developers who are willing to work with us for at least 2 years. Quark has much to offer when it comes to promotion and networking, I think we are way beyond the vast mayority of all coins. Combined with good developers this will allow for a major rise in adoption so there is a mutual interest.
3. Find ways to give the community full control and transparency with regard to the process of development. This will boost trust in long term support.

I agree that the major problem is not the code but the trust in the currency. We need to back the trust with some real assets. I say, let´s do it.

I generally agree with you QuarkFx and respect your opinion - i will talk to you via email on some of the solution i have in mind, not that they are secret but just in regard to development etc.