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Showing 20 of 29 results by Y3llowb1ackbird
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Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 11/09/2014, 18:55:59 UTC
Can KJO be banned from this forum? His inflammatory posts are unwelcome.

DigitalIndustry might be eccentric and annoy the hell out of many people, but he makes many excellent points. He is also, unlike KJO, a supporter of QRK.

Digitalindustry is intelligent and experienced in Crypto space. He is exasperated by imbeciles and trolls, and baits them mercilessly.


KJO is merely a hapless victim of that baiting.

let us not look for those imbecils and trolls as we might find those were REAL quark contributers which gave up on Quark because of this Kkk, his recent victims include quarkfx which has done many many things for quark, james and coinmama from quark foundation also which are about to give up because of this fraud Kkk. Looking back on old forum and other sources I can list dozens of examples of people actually contributing to projects of quark until this guy made them leave with his stupid trolling remarks and insults.

`experienced in crypto`, you made me laugh for a second, thanks. No one respects him, he attacks other coins due to his lack of knowledge. He also thinks Bitcoin will collapse, this alone shows me how fool he is, I've dealt with this fudsters for 3 years now and they still keep coming.

As for baiting, I think you got the roles reversed. He's the one mercilessly thrown out of anything quark official. Anyone is free to support Quark on its own, but I think the official Quark community should dispatch such Kkk lunatics which only purpose is to divide and repel new quarkers.

+1 The community is already dispatching from him, having guys like him trying to be in charge is not the Quark brand mentality. People should realise Quark doesn't support such acts. That's why he has been banned from /r/Quarkcoin

you must be the lead retard. - guess what glad you highlighted that  :

http://www.reddit.com/r/QuarkOmega/

feel free to not be censored here at the Quark Reddit -.

as we grow this Reddit  the trolls will follow us as the parasites they are..

i'm just watching a video documentary on fungus , they are clearly superior to you.

i honestly mean that.
https://www.youtube.com/watch?v=cwLviP7KaAc&feature=player_detailpage



Question: if posts are not censored on QuarkOmega then how come only approved submitters can post?
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Topic
Board Announcements (Altcoins)
Re: Announcing ProzCoin : Proof of Action (PoA)
by
Y3llowb1ackbird
on 17/08/2014, 22:08:42 UTC
Hi,

I am serving as content manager for Coin Proz, which means I will be overseeing user-generated content.

Josh
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Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 11/08/2014, 02:18:50 UTC
For those who are interested in the Proof of Burn proposal that I made: You can find the Alpha Draft of the concept on Reddit.

http://www.reddit.com/r/QuarkCoin/comments/2d5521/proof_of_burn_concept_alpha_draft/


I'm impressed with the draft, what i like about Peter is that he as an ambitious dev (or one of the devs) of this coin who is connected to the community and is a strong favour of transparency, this alone build trust.

About the slowly maturing coins aka initial phase, if i understood right 50% will be paid back monthly spread into 5 years. Lets say someone needs his 50% or a major part of it, is it possible to request? Adding community fund of 20% makes 70% of the fund stored away. Wouldn't this 70% hold some off from investing/burning despite the issues it can solve?


Well yes, this is a deterrent to speculants and that is fully intended because while it reduces liquidity for a certain period it allows long term planning: as i wrote in the draft, this has zo be understood like a contract between all participants to not dump their holdings. If it could be hedged as proposed by Josh the sense would be undermined in a way and give way to speculation. Just my opinion on it.

I see, fair explanation. Overal looking forward to this

I could imagine those who burn would want to know if their investment is safe hands. I know this is legit but would appreciate if you could explain on that? and also if someone would want to request funds for personal reasons how would that go?

Yeah, I am by no means advocating the hedge...I was just exploring the implications. QuarkFx is correct it will cause way too much volatility compared to the benefits.

Basically, burners just have to trust the reputation of the people creating the new coin...same as any other coin that does PoB or IPO. Hopefully, with Quark veterans behind the project, people will trust us. After the Genesis block is mined, it will all be transparent because all the new coins will show up in your wallet, although some of them will be immature until predetermined block numbers in the future.

What do you mean by your statement "if someone would want to request funds for personal reasons how would that go?"


By the new coins showing in the wallet you mean both the slowly maturing coins of 50% + the 30%? Will the slow maturing coin be in my wallet or hold elsewhere?

By the last statement i mean, lets say i would like to have my slowly maturing coins back all at once because of personal reasons, is this possible?



No, it would be written into the code and unalterable except by a developer fork. The reason they mature slowly is to stabilize the coin supply and prevent massive dumping. Additionally, slow coin maturation encourages investors to stay involved with the coin for the long haul, rather than just looking for a quick pump & dump. However, you should also remember that your percentage of total coin supply will not change during the initial phase of coin distribution, so your relative Core wealth remains the same no matter how many coins have matured.
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Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 10/08/2014, 23:21:59 UTC
For those who are interested in the Proof of Burn proposal that I made: You can find the Alpha Draft of the concept on Reddit.

http://www.reddit.com/r/QuarkCoin/comments/2d5521/proof_of_burn_concept_alpha_draft/


I'm impressed with the draft, what i like about Peter is that he as an ambitious dev (or one of the devs) of this coin who is connected to the community and is a strong favour of transparency, this alone build trust.

About the slowly maturing coins aka initial phase, if i understood right 50% will be paid back monthly spread into 5 years. Lets say someone needs his 50% or a major part of it, is it possible to request? Adding community fund of 20% makes 70% of the fund stored away. Wouldn't this 70% hold some off from investing/burning despite the issues it can solve?


Well yes, this is a deterrent to speculants and that is fully intended because while it reduces liquidity for a certain period it allows long term planning: as i wrote in the draft, this has zo be understood like a contract between all participants to not dump their holdings. If it could be hedged as proposed by Josh the sense would be undermined in a way and give way to speculation. Just my opinion on it.

I see, fair explanation. Overal looking forward to this

I could imagine those who burn would want to know if their investment is safe hands. I know this is legit but would appreciate if you could explain on that? and also if someone would want to request funds for personal reasons how would that go?

Yeah, I am by no means advocating the hedge...I was just exploring the implications. QuarkFx is correct it will cause way too much volatility compared to the benefits.

Basically, burners just have to trust the reputation of the people creating the new coin...same as any other coin that does PoB or IPO. Hopefully, with Quark veterans behind the project, people will trust us. After the Genesis block is mined, it will all be transparent because all the new coins will show up in your wallet, although some of them will be immature until predetermined block numbers in the future.

What do you mean by your statement "if someone would want to request funds for personal reasons how would that go?"
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Topic
Board Announcements (Altcoins)
Re: [ANN][SDC] ShadowCoin | ShadowChat [EM] | ShadowSend [Anon] | ShadowGo [Mobile]
by
Y3llowb1ackbird
on 08/08/2014, 17:21:07 UTC
I included Shadowcoin in the CryptoCoinsNews weekly altcoin news update. You can read it here:

http://ccn.la/1zYYz65
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Topic
Board Digital goods
Re: $20 STEAM credit for only $2!! [0.003btc] CrAzY Deal!!
by
Y3llowb1ackbird
on 07/08/2014, 03:40:51 UTC
I would like to claim one. Thanks!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 05/08/2014, 19:49:21 UTC
Does the cap of the PoB coin depend on how many quarks will be traded?

I think there are a couple different ways you can do it NetNox.

1. Set an IPO cap and distribute proportionally. Ex. assume there is a coin cap of 10 million coins for the IPO/Burn.
  • If a total of 1 million Quarks are donated, you will receive 10 Newcoins for every 1 Quark you burn.
  • If a total of 50 million Quarks are burned, you receive 1 Newcoin for every 5 Quarks you burn.

2. Establish a fixed conversion rate, ex. 1 QRK to 1 Newcoin. In this case, you can burn as many Quarks as you want and receive an equal number of Newcoins. For #2, there are a bunch of different options you can do though. For instance, you can set a limit on how many coins will be available in the sale. Ex. have a 10 million Newcoin IPO cap but still have a fixed 1:1 (or whatever) conversion rate.

Personally, I prefer option #1 because it lets the market decide how valuable the Newcoins are. Option #2 is what Ethereum is currently doing with their Ether presale. I worry this option creates an artificial price that could cause fluctuations once the coin is put on exchanges.
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Topic
Board Altcoin Discussion
Re: MC2: A cryptocurrency based on a hybrid PoW/PoS system
by
Y3llowb1ackbird
on 04/08/2014, 03:32:09 UTC
I just read the MC2 whitepaper. I am very impressed. I will be following this with great interest.
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Topic
Board Announcements (Altcoins)
Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE
by
Y3llowb1ackbird
on 04/08/2014, 02:12:18 UTC
What happened to Artos?
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Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 02/08/2014, 19:20:20 UTC
@ Cryptohunter are you going to be present at sunday? There is a meeting between members which decisions are going to made on how to go further hope you join see this link http://doodle.com/7kddvnndc8ymp

Same goes for VIC, Hilux and some other guys from Reddit as well

Hi there,

No sunday i have to move to another house so will be offline most of the weekend. However i would really hope you guys will push forward with the qrk only ipo or POB coin.

We need to work out how to bring on a development team that will dedicate a lot of time to this.


Cryptohunter,

I don't know if you have time to prepare a short statement (not that you haven't thoroughly stated your position on this forum), but if you do I would be happy to present it at the meeting on your behalf.
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Topic
Board Altcoin Discussion
Topic OP
CCN Weekly Altcoin News Update // Darkcoin Price Fall, Cloakcoin PoSA, and More
by
Y3llowb1ackbird
on 31/07/2014, 16:55:27 UTC
Welcome to the CCN weekly altcoin news update, where we profile newsworthy items that have flown under the mainstream radar. This week’s edition features an exceptionally impressive lineup of stories. In the past week, the Darkcoin price fell below $5, which may be partly due to Cloakcoin’s announcement that their unique Proof of Stake Anonymity algorithm entered public beta. Finally, Feathercoin is set to become the first noteworthy altcoin to adopt the NeoScrypt Proof of Work hashing algorithm.

---------------------

Read more at

http://www.cryptocoinsnews.com/news/weekly-altcoin-news-update-darkcoin-price-falls-5-cloakcoin-anonymity-enters-public-beta/2014/07/31
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Board Announcements (Altcoins)
Re: FeatherCoin 0.8.5 - Scrypt based cryptocoin
by
Y3llowb1ackbird
on 31/07/2014, 16:52:37 UTC
For those who have not seen, I included Feathercoin's move to NeoScrypt in my weekly altcoin news update on CryptoCoinsNews. Here is the link so you can read & share.

http://www.cryptocoinsnews.com/news/weekly-altcoin-news-update-darkcoin-price-falls-5-cloakcoin-anonymity-enters-public-beta/2014/07/31
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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Y3llowb1ackbird
on 31/07/2014, 16:49:45 UTC
For those who have not seen, I included the PoSA beta announcement in my weekly altcoin update for CryptoCoinsNews (funny how it worked out that I had back-to-back CLOAK articles haha).

Here is the link so you can read & share.

http://www.cryptocoinsnews.com/news/weekly-altcoin-news-update-darkcoin-price-falls-5-cloakcoin-anonymity-enters-public-beta/2014/07/31

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Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Y3llowb1ackbird
on 30/07/2014, 21:10:15 UTC
For anyone who has not seen this yet,

I interviewed TheDagger for CryptoCoinsNews. You can read it here.

http://ccn.la/1nTjV1C
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Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 28/07/2014, 22:52:45 UTC
Hi guys,

i am a top 29 quark holder with almost 1m quarks. I invested around $10k in Litecoin when they were around $2. I had around 6000 Litecoin which i sold all at between $24 and $26 each making $150k and exchanged them to BTC.

Before Quark i have been active in BTC-e and thats where i found out about Quark. Everyone was talking about it. I researched a little and was convinced to go big on it. I loved the brand, the logo, and the fact that pretty well known people in the industry were talking about it.

I don't know if you guys remember that picture at the forums someone posted which stated that there was a 100 BTC buy order for quark, well that was my order. I bought 500k quark at 0.00019 which made the price shoot up to 0.00032. So greed got me and i started to hold but then Bitcoin crashed and quark went with it. After that it went worse and 2 things that bothered me was kolins behaviour and developers inactivity especially lack of interaction with the community, but somehow i kept my fate and bought another 500k at lower prices.

So as you see i have lost around $140k (if i would sell) on quark, would i have been in Bitcoin i would have lost $50k. Meanwhile i have been giving around 40k quark to different projects like thunderclap where i gave away around 25k quark and apart from that i have been customising Quark subreddit to make it look nice. Notice that i'm just a trader and have no skills in coding and such so it's the best i can do. You might wonder why i don't give away much more, well the answer is simple i have already lost a lot and i'm certainly not rich in my private life. Although i still have fate in it and refuse to sell at these prices.

Regarding proof of burn i must say it sound pretty interesting, but doubts are naturally showing because it will be a new coin and will it be attractive amongst all these new coins, although with all these new scam coins coming out if one of them is not a scam with active and trustful dev team it will attract people. On the other hand quark already has settled itself and pretty well known, but then again as we know there are some issues with quark. I must say that i have seen great core members like quarkfx, vic, coinmama and couple others.

Hey Netnox,

I really feel for guys like you. I got in much later and barring a price correction have lost a decent chunk of cash, but nowhere near what you have. Glad to have you on board...hope we can get Quark back to a reasonable market cap:)
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Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 28/07/2014, 01:31:10 UTC
QuarkieFM here,

Kitaco I agree. Kolin needs to immediately LEAVE! Once again he came back and made a mess out of everything and I think some of the core members would agree with that. Everything was going smoothly until this fuckbag (excuse my language) came back into the scene and kept telling us "Quark is moving beautifully". Come the fuck on!

Coinmamas post with the email should be enough for all to see what a deceiving prick this KOLCOIN really is.

Kitaco +1

Kolin has lost all credibility. He has deceived and manipulated this community long enough.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 19/07/2014, 21:52:58 UTC
After a user request, the source of this coin was checked and pass on quality tests!



NOTE: Only accept this seal when is posted by user sr.machado

Donations: 1Nz8kcPrUYVcqdqUBWVcbqMg6SdbkeuPsE




https://bitcointalk.org/index.php?topic=701469

Best Regards

Very thorough work. Thank you for taking the time to do this service for the cryptocurrency community. Many new users will benefit from knowing which coins are not trustworthy.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 19/07/2014, 15:40:08 UTC
the thread died now we are not discussing anything related to the superblock and companion coin?


The number 1 issue is we have no developer. I think that needs to sink in with the community. There is no active developer. I don't think people grasp the full implications of a coin with no captain. I am invested in many coins and all that have had no clear leadership just die. QRK will be no different.

Qrk has no way of attracting any development team, any marketing team or any project management teams without funds.

The small teams we have doing things for qrk will have zero chance against fully motivated and funded teams other coins have.

The game  looks interesting of course i will buy some shares.

A full gaming arcarde with credits bought in qrk and winnings paid out in qrk with a small 2-5% running costs charge for ROI investors would be a good start. However now qrk is not worth much it would take a huge number of qrks to finance this.






I agree...it's hard to fund anything right now because the Quark value is so low. It's a vicious cycle.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Stability | Hashcows - QRK Payouts
by
Y3llowb1ackbird
on 16/07/2014, 11:40:28 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
Y3llowb1ackbird
on 16/07/2014, 00:36:51 UTC
Has there been a better explanation how good the obfuscation between a sender and a receiver is using PoSA? The whitepaper just says its relayed through two staking nodes. Would be great to know what traces there are left? Its done twice and I assume thats done to increase the obfuscation level.

I am waiting to hear more info on this as well.
Come meet me up here.... ill explain
http://i.imgur.com/xkMHEFQ.png

Haha, nice one.

Just saying, as a crypto-writer I would like to know more concrete details about PoSA.