Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
georgem
on 11/08/2014, 01:17:22 UTC

Seriously, can someone summarize in a few words or sentences what this whole Proof of Burn is all about?
And why we should need it, instead of just building serious business around quark?

It's a new coin allowing Quarkers to leave the community without losing their share. Parts of the community have no interest on working on quark anymore due to issues with lack of dev support, lack of professionalism from kolin and some quark flaws which are hard to fix. I myself will lose $140k on quark if i would sell now and the mentality of "don't worry guys price will go up next Bitcoin bubble" is just wrong and not guaranteed at all. It could happen but it goes for all alts including the coin these guys working on.

I think max is now much more active than before, so "lack of dev support" shouldn't be a problem anymore, yes?

Lack of professionalism from kolin? Who cares about his antics. Last time I checked the quarkcoin logo, his face isn't on it.

What are those "quark flaws" you are talking about? Can you be more specific. Low hashrate is NOT a problem of the protocol. Low price isn't either.

Other than that, I agree with you... just hoping that QRK will rise in an eventual next bitcoin boom is wrong. It is possible that we have no boom at all, it is also possible we have a boom without positive effect for quark too... there are many possibilites.

Ofcourse, people have to get active themselves and stop believing that they will become rich without reason. They must create a reason.
(e.g. I am working on an idea to use quark as a means of funding for software creation (I am a programmer that would take QRK)... will tell more soon, in the meantime enjoy my GIFS)