After detailed analysis our drones have a small, but potentially useful announcement.
The Hive would like to bring the Crown community's attention to the fact that in the top approx. 100 addresses there are a total of 45 addresses that haven't been touched in over a year & in some cases over two years. All of which amount to the grand total of 2,464,691 CRW.
Thrones=2,760,000
Untouched wallets=2,464,691
Sum of total Crown off markets= 5,224,691
Effective coin supply then, can be imagined to be about half of the total when including all of the coins locked in collateral.
With deep curiosity,
~ The Hive ~
Great to bring to attention! I believe that CRW will make new heights. I'll leave it to somebody else to give a view on this but I do know that a small number (one or two) of those addresses have been lost forever. This coin has been as low as 50 sats in the last year and members of the original team kept it going. I suspect that most of those addresses are original investors who didn't cash out when Crowncoin wasn't worth anything. Lucky people. There are 1.5m coins that appear to be owned or at least controlled by one person. This needs to be explained. I remember this all very well, someone bought in this time last year with huge volume and bought from sub 100 sat to over 1200 sats. Brave saying not much was happening here |
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First draff for new Crown wallet.  |
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Update 17th October 2016
Building Foundations.
Progress continues on the Bitcoin Core update and our improvements to the Throne/Masternodes system. We expect work on the core update and service network improvements to continue throughout November with testing and release anticipated to happen in December 2016.
Service Network Growth.
The number of Thrones operating on the Crowncoin network grew to a record high of 276 in the last week. If you own 10,000 CRW we encourage you to operate a Throne to help us achieve our long term objectives. At current spot price a Throne generates about 20 USD profit per month after your hosting costs are deducted. If you need help setting up a Throne please ask on the BCT thread or contact Chaositec to take advantage of his excellent Throne hosting service.
Rebranding.
Crowncoin is to be renamed Crown to formalise the change in direction since it was launched in 2014. Defunctec and Crowncoin Knight will be leading this work and engaging the community separately. The decision has also been made to abandon our European centric theme while being sure to acknowledge and remember the origins of this project.
New Team Member.
The Crown core team has been joined by Urban Idler who brings with him a successful career in the US equity markets and a clarity of mind that is already helping the Crown team develop our future services. Being able to attract the likes of his talent and expertise is an honour for the Crown team.
Introducing Crown Revolution.
The Crown team are excited to announce Crown Revolution, a programme of work that is expected to begin in Q1 2017 and complete in Q4 2018.
Crown Revolution is a series of revolutionary releases that we believe will reshape the future of blockchain
Over the last two years, Chaositec, who is the architect of the concept, has been refining his vision and our preparations have reached the stage where the delivery phase can begin. We're delighted that the Crown network is where Chaositec's vision is going to be realised. Crown Revolution will be delivered in two stages.
Crown Revolution Stage 1
Crown Revolution Stage 1 will be a game changing improvement to the network. Currently, the vast majority of blockchain projects are secured by either Proof of Work or Proof of Stake. The Crown team do not believe that these two methods are the future of Blockchain. We have a third way.
Crown Revolution Stage 2
Crown Revolution Stage 2 will see the implementation of a solution to the blockchain block size problems and transaction volume limits that conventional blockchain technology is susceptible to. Stage 2 will also provide an API that will allow developers to deploy services using Crown Revolution.
Programme Approach
A series of reports and white papers will be written to explain the rationale and method behind the Crown Revolution vision and milestones. The release of these papers will be carefully timed to minimise the risk of losing our first mover advantage.
In addition to these reports and whitepapers we will continue to provide detailed updates as regularly as we have have something to share.
The team will choose a lightweight management methodology to use during the course of the programme of delivery. This will be announced at a later date.
In order to make this a success we need a strong community behind us and we recognise how essential regular open and honest communications are. This is a two year programme of work. There will be breakthroughs and setbacks and we need you with us all of the way.
We remain indebted to you for your support so far.
The Crown Team.
One must reread this post for it to truly sink in. Most important info in red  |
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Cheers! Please post your CRW address for a little tip |
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Who can tell me some information needed here?
Please read the OP for information, if you have more questions just ask  |
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Stonehedge and i are going to have a meeting tomorrow, and discuss, what we can release of information in regards to our goals, some we are going to keep under tight wraps for now, but we will try and figure out how we can hint at some of the directions we will be taking, short term, mid term, and long term.
Our people are enthused with the transparency in this community. Both you and Mr. Stone have been forthcoming with information. We think it bodes well for community development. We will be awaiting the news patiently. ~ The Hive ~ Haha your great! Glad to have you here  |
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I think we currently have a liquidity problem. Nobody wants to sell their coins. I'm doing what I can by market selling my throne payments as they come in. Maybe the miners will be selling soon too.
If anything, it's a sure sign that crw is underpriced.
Im currently providing around 600 crw per day to market, best i can do right now as i dont want to sell any large chunks just yet  |
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Stonehedge and i are going to have a meeting tomorrow, and discuss, what we can release of information in regards to our goals, some we are going to keep under tight wraps for now, but we will try and figure out how we can hint at some of the directions we will be taking, short term, mid term, and long term.
Can't wait to see what you guys get ironed out. Everyone can expect an epic update soon! |
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Thanks! 4a89dbd161a4c2a21ddcb4bd9e5ea0ca26f21d2e3a2b617ccf993c3ab6a29ccc |
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Thats great news!
Can i ask, which method did you use? Did you clear the crowncoin.conf file?
GL
Indeed. We are quite excited. We actually used two ways but didn't make an attempt with a cleared crowncoin.conf file. The first was with the throne=1 and throneprivkey= still in the crowncoin.conf. The second was without either of those in the crowncoin.conf. Didn't seem to make a difference either way. We will be setting up as many as we can before they get too expensive. ~ The Hive ~ It seems like lots of small amounts of CRW are being sold to market, get those buy orders in |
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The Hive's Throneroom Update:
The Hive's Throneroom is still up and running after 3 hours. No payments yet. However, surely in another hour we will be a rich bunch.
Things are in tip top shape.
~ The Hive ~
Each throne should receive about 6 or 7 payments a day. Welcome to the throne holders club! I don't think it will be long before they become even more profitable and much more expensive to buy 10k CRW. Thank you. We have officially set up all of the Thrones that we currently have the funds for. They are all happily running and making us the good coins. Also, all of the ones we set up earlier today have been up all day. ~ The Hive ~ Thats great news! Can i ask, which method did you use? Did you clear the crowncoin.conf file? GL |
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The Hive's Throneroom Update:
The Hive's Throneroom is still up and running after 3 hours. No payments yet. However, surely in another hour we will be a rich bunch.
Things are in tip top shape.
~ The Hive ~
Do you see time recorded in the uptime section?  |
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I'm not sure you updated the 'wallets' section to latest, this is the most important, thanks. Updated Thank you! Can you post your CRW address please? Please check your message Sent, thanks. 93fb4cd994354a708fb270240ef8e1efb155b657640bcda70a61ac8f22e1d558 |
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TheHiveMind, I can only apologise. I misspoke.
You can remove THrone=1 and THroneprivkey from your crowncoin.conf.
Great to hear, can you confirm you cleared the crowncoin.conf for future reference? Ta, We had started our thrones right before heeding the advice of Stone or jeliman - in other words with my crowncoin.conf having this format: rpcuser=
rpcpassword=
listen=1
server=1
daemon=1
externalip=
throne=1
throneprivkey= They seem to have about 1 hour of uptime each now. However, we did change our crowncoin.conf just recently so that it looks like this: rpcuser=
rpcpassword=
listen=1
server=1
daemon=1
externalip=[IP address of one of our thrones] If things go awry we will: 1) Attempt to restart the thrones with above crowncoin.conf if failure: 2) Attempt to start thrones without crowncoin.conf ~ The Hive ~ Thanks for that, it'll be good to know |
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I'm not sure you updated the 'wallets' section to latest, this is the most important, thanks. Updated Thank you! Can you post your CRW address please? |
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We are cautiously optimistic that after the last time we started our thrones, they are working. We suppose we will monitor the situation and report back with results.
With gratitude,
~ The Hive ~
Great to hear, can you confirm you cleared the crowncoin.conf for future reference? Ta, |
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Team of the mOst Active devs of any Coin I can See right here. one person ask a question and 3 Team members ans him..
I am getting believe in this coin. this coin have some potentials..
I want to ask something.. the roadmap don't have any dates and time? when will you going to do all those things? or they are done already? sorry. I am new in this coin.
Crowncoin_knight and myself sometimes post with Jeliman. Jeliman left the club and now we have access to it. I keep forgetting i'm logged into Jeliman. We use the jeliman account to update the OP and answer PM's on BCT. Yes we're an active growing team with huge ideas on how to revolutionize crypto currencies, hope you stick around to see what we have planned |
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Thanks, can you post your CRW address please? |
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I'm not sure you updated the 'wallets' section to latest, this is the most important, thanks. |
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