I believe the 6 decimal, 1 CKM = 1 Crypto Kingdom Million (Markka) solution we went with is still a viable option.
And a more logical one.
As long as we get the game currency listed on some external exchanges, I don't worry about decimal places at all  |
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Money Supply & TokenizationAgain, early stage thoughts here, but want to get a feel from the community. We have 4 trillion M units. On any token asset, I think for ease of comparison to pretty much any other crypto asset, 8 decimal units is the way to go. That means 1 "full" M blockchain unit will equal 100,000,000 in-game M units. Here's a potential problem with that: we will only have 40k "full" blockchain units. (40000.00000000 OR 4,000,0 .00,000,000). In the top 100 on CoinMarketCap, the smallest amount is GBYTE with 645k circulating supply, but 1 million total supply. Also, in my opinion, we need to keep in mind a scenario where the smallest "satoshi" level of currency (the decimals) is 1:1 to in-game currency, which is taken care of in this scenario. Keeping all ownership positions in M the same, do we want to do a final multiplication to something higher than 40k units (or 4 trillion)? Here's a recent visual on the world's markets: http://www.visualcapitalist.com/worlds-money-markets-one-visualization-2017/Narrow money is around $40 trillion and broad money is around $100 trillion. 100 trillion M would get us to 1 million blockchain M. Looking globally and rounding some: Gold: 10 Stock: 75 Narrow + Broad Money: 100 Debt: 215 Real Estate: 220 Gets us to 620 trillion M, or 6.2 million blockchain M. And we haven't included derivatives or anything like that. Honestly, we could even go for something higher that gets us to quadrillions of in-game like 10 million (1 quadrillion) or 100 million (10 quadrillion) blockchain units. That would get someone like Karl Hungus to a 100 trillion position, and since this whole Bitcoin business is supposed to start creating the world's first trillionaires, maybe CK needs to have this opportunity open as well  Looks good to me, if we're going to have 8 dec places on external exchanges, which makes sense, then having '1 "full" M blockchain unit will equal 100,000,000 in-game M units' makes sense too. I like round numbers, so maybe 10 mil blockchain M with 8 dec places, so 1,000,000,000,000,000 in-game M , i.e. 1 quadrillion game M |
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Better to leave game money supply as is IMO, then whales who withdrew during Risto's artificial peg have to deposit XMR to get skin back in the game, if they want to be a major player that is
If you airdrop on CKG it reduces the incentive for those who withdrew to 'commit' to the game, and some will have enough CKG to reload on game currency without depositing anything at all. If that is what the community wants then so be it, but I'd prefer no dilution of M in favor of those who cashed out, I don't like the idea of gifting game currency to people who might just withdraw it instantly anyway. Don't forget, some players withdrew over 500K USD in XMR and BTC at current prices, so it's not like they can't afford to deposit some hard crypto now to get game money, assuming they want to be major players again. 'M' is pretty cheap now too!
I think we ALL want everyone to come back and play, that'll make CK great again, and increase value for those who stayed. The problem with airdropping on gold is getting everyone to agree on the details, and imo, less about what happened in the past. |
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Game Timing - BCKT/CKTSo I'm fairly confident that we reset the game time to 0 CKT. "CKT" still isn't the "final" naming methodology, but I want to try and avoid direct comparisons with any "real world" time conventions like BC/BCE. All current items will be sufficiently aged to an appropriate "BCKT" time. iluvbitcoins said this adds to the "mythical" element of the game and I agree. Even if we kept at 1 real world week = 1 year in-game CKT, in just a year we'd be at only 52 CKT. And, since there aren't any specific expectations of what technology/development a world has at 52 CKT with an unknown amount of prehistory, it won't be a surprise if we have flying cars in 520 CKT  Resetting time is a good idea. Game Currency - Unlocking CKG?
As I said earlier, I agree with HMC that "Crypto Kingdom Gold" is a far better name for an in-game currency than the "Markkas" we have now. However, there is always that sticking issue of roughly 1,000,000 CKG floating around in bars and items. Yes, we could rename CKG to something else and then rename M to CKG, but what can be better than gold?
What about this. Current CKG becomes CKGB (Crypto Kingdom Gold Bars) that can be smelted down to 1,000,000 CKG per 1 CKGB. During a later airdrop of blockchain-based CKG (formerly M), 5 trillion blockchain CKG are airdropped, with roughly 1 trillion of that going to CKGB holders.
If owners want to spend the "intrinsic" CKG in each CKGB directly, they have to smelt the item/bar/palace roof down. Items like HM02B100 and HM02B1000 will still be tradeable in-game for CKG/M, and can of course trade at a premium to their "intrinsic" CKG value.
Name change of game currency M to "Crypto Kingdom Gold" is a good move too, but I'd prefer not to include the original CKG (i.e. CKGB) in any new airdrop of game currency, mainly because I don't think we'll get unanimous agreement on the details (opinions will depend on what's in people's respective bags) so I think we'll get bogged down in arguments, but continuing with the status quo is a neutral position, a bit like the ongoing debate in XMR community over whether to change the emission schedule back in 2014/15. Once it became obvious strong opinions were present on both sides only viable option was status quo (i.e. do nothing, no change). Old CKG holders can get other benefits, maybe in health or wisdom, or maybe a dividend of some kind. Could change the name to Platinum to avoid confusion, CKP. |
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II don't think fork is necessary. However purchasing property is broken, has been for a long time... hard to defend. I dont see how any developments efforts would do anything but benefit from PJ and Speed being involved. However we have motivated people, motivated devs, people who are ready to go. Honestly... purchasing property is broken and has been shamefully long. The village overview is black. Development is so slow as to be negligible. Apparently code structure is of sound quality at its core so insult intended on that.. If PJ + Speed would be open continuing at their regular place while hard work gets cranked out by others, i dont see the need for two sites, two forks. I'm 100% speculating, but honestly, some of the previous devs might be relieved to be released from responsibilities of this project. And considering you cant even buy property we have a defunct product which is essentially unusable. BLack map... These bugs are identified already in the source, and dev is hungry to get to work. Whether its under CK or fork of CK, i dont see waiting around for a non-black map and purchasing of property to lose the syntax error  .... which has gone unnoticed for really way too long .... to be a serious endeavor worthy of the time and talents of the people floating around here. I don't see the purpose of making a new website except for if someone wants to take control in this "takeover". Everything we can do with the fork, we can do with this website. I might be mistaken, but please correct me if I'm wrong. Regarding PJ, he's a dead end. I trust Speed has good intentions and capabilites but it's going on too slowly.. We can all bullshit here, but instead we could try to find a dev we all need. Just to be clear, the new website suggestion was in case people really did want to continue with the status quo (waiting on PJ and Speed or some other alternative), which does not seem to be the case. I guess in hindsight, I shouldn't have used the word "fork" PJ has been responsive so far in terms of passing information/data on, so we should be able to keep using the cryptokingdom.me domain. Also, PJ said he had some communication with Speed a long while ago, but then nothing. Speed has not been seen in the CK Slack or IRC for a while as well. Speed is welcome to be part of this initiative later, but I agree with the overall plan outlined so far and we have better developer talent in place now. For example, you should see some of the developer comments on the CK Ryver that discuss a possible long-term approach to more decentralization/security. The developer has already been reviewing the CK code and has been added to the CK Slack to talk to PJ. Things are looking good! The situation looks more promising for CK now than it has for +2 years, I think (nearly) everyone is on the same page now, if there's going to be baton changes to new people it looks like everyone on both sides is willing to see the changes happen, so fork option is probably not needed, but available still if needed. Nobody is being excluded, numbers involved in this die-hard community are small enough to let self-selection decide who does what. I'm bullish on 'M' |
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i like the concept. it appears that the dev has not shown any activity on the forum since august. besides that, there has been no activity on github since 2016. that suggests that no changes have been made to the code since 2016.
obviously i hope otherwise because this would be a cool thing.
Don't get fooled by that. The official vtorrent account was hacked. At the moment you can communicate with him via email and twitter and hopefully we will be able to communicate via in wallet chat very soon. Price spike, this means there is an update or some progress of sort? @4xgod, serious question, are you in contact with vTorrent dev, are you a paid 'promoter'? I've noticed a number of newbie 'supporters' here lately, so wondering if the dev has put up some $$ for some marketing. |
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SuperNET has completed their asset swap from NXT to Komodo , ARDR has launched , ... when will WAVES asset swap start?
You may want to contact Waves support at http://support.wavesplatform.comI'm not affiliated with the Waves team so I can't offer you the proper support. Sasha abandoning his previous projects/assets/investors isn't a 'bug', everyone realises this isn't a support issue, he's consciously doing this, avoiding his commitment to swap ALL these NXT assets to waves. I'm personally down +200K USD, and while I appreciate this thread isn't official WAVES communication channel, you ARE supporting WAVES, and you obviously know the grievance is real (if you bother to investigate, which I assume you have). 'Help me Obi-Wan Kenobi. Public shaming is my only hope' |
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SuperNET has completed their asset swap from NXT to Komodo , ARDR has launched , ... when will WAVES asset swap start?  Is Sasha really going to start a new Venture Capital fund while previous investors are still left waiting for swaps to WAVES, for more than a year now? I personally own mutliple assets in many of his previous 'funds', and I'm still waiting all this time for any news. This is just so wrong, and bizarre that crypto community tolerates this conduct from high profile people like Alexander Ivanov, and continues to invest in their projects. https://blog.wavesplatform.com/waves-to-launch-blockchain-venture-capital-fund-92eb48d96098http://basics.fund/#crypto |
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Has anyone actually gotten the new client? Can someone outside of the dev accounts provide screenshots/video?
Jup, if you email him you can get the test release, on the slack are videos and pictures. Does it have torrent capabilities? |
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Swap is finished Was done today they distribution.
DT Token and JIO are dead
No DPAFC & DCLUB mentioned Nothing I can do your maybe not looking in the right thread. Just re-open swaps for the late comers, communication about DPAFC and DCLUB was limited. |
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What the Game needs most right now is to have the basic economic engine restarted, and that means fixing things like building payouts, tax, health challenge etc, so people can actually play CK. If that happened the 'social network' of CK would revive, and then we'd all be in a better position to discuss larger changes.
If PJ can't restart the economic engine, but someone else can, then just do that for now, and I don't think anyone will complain as we'll be able to play CK again, and then communication channels that are basically dead now will revivie.
Leave the bigger decisions for down the road IMO, concentrate on making what we have 'playable' again.
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I'm talking about a fork/relaunch of the original CK.
Can a fork/relaunch be done without PJ's involvement? If it can I can't think of any reason not to try saving CK (the basic idea is still full of potential). |
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It would be extremely hard getting CKD listed on exchanges and keeping enough volume. I think it’s a good idea but only M should be tokenized, others should merely be added on the CK marketplace. I’m also against taking over accounts that have been inactive for 6 months. It has been mentionted when we had the discussion last time that we want the effect of someone logging in and realizing he made a fortune. I would accept a small tax for example 0.1%/day after 3 months of inactivity or so, but I don’t think it’s a good idea. Also, CryptoKitties go for 100k$, for fucks sake, we have a future  I agree, only M should be tokenized. Not in favor of taking over accounts either, Speed had enough donation promises to start working on the reboot plan, so if PJ is still around there's a basic roadmap in place. |
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I've had a few in-game PM's enquiring about Gringotts deposit & withdrawal procedures, see below for KH's original instructions. Gringotts CK Depository is OPEN https://deposit.cryptokingdomgold.comTo deposit XMR into Crypto Kingdom: Step 1. Create an account at https://cryptokingdom.meStep 2. Go to https://deposit.cryptokingdomgold.com and enter your username. Deposit XMR with the provided payment ID and your funds will be credited immediately. To withdraw XMR from Crypto Kingdom Step 1. Give m3 to New. Example: GIVE m3 1010000 New Step 2. Message me ('iluvbtcFOC') via the CK in-game PM system with your withdrawal address and payment id. Withdrawals are subject to a 1% fee (or 10 XMR max), whichever is lower. If you have a large withdrawal ( > 100 XMR), expect that I will also contact you outside of the game channels to confirm. Withdrawals will be manually processed once daily. Withdrawal requests received before midnight CEST will be sent the next day. |
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SuperNET has almost completed their asset swap from NXT to Komodo ... when will WAVES asset move start? |
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This seems to be interesting project. Is it just renamed product or you have changes to the core product as well?
Blitz will be a sidechain of Stratis, worth doing some research on this one, not just a clone IMO |
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SuperNET is migrating their remaining NXT assets It is time, finally to start the asset migration from NXT The following are the KMD assetchains that correspond to NXT assets: SuperNET: {"result":"success","coin":"SUPERNET","lastnotarization":4687,"bestheight":4693} NXTprivacy: {"result":"success","coin":"JUMBLR","lastnotarization":6458,"bestheight":6465} InstantDEX: {"result":"success","coin":"DEX","lastnotarization":4430,"bestheight":4430} NXTcoinsco: {"result":"success","coin":"BOTS","lastnotarization":4451,"bestheight":4456} sharkfund0: {"result":"success","coin":"SHARK","lastnotarization":2167,"bestheight":2167} crypto777: {"result":"success","coin":"CRYPTO","lastnotarization":4931,"bestheight":4942} jl777hodl: {"result":"success","coin":"HODL","lastnotarization":4656,"bestheight":4665} pangea: {"result":"success","coin":"PANGEA","lastnotarization":4283,"bestheight":4283} privatebet: {"result":"success","coin":"BET","lastnotarization":4570,"bestheight":4575} MGW: {"result":"success","coin":"MGW","lastnotarization":4612,"bestheight":4661} The above 10 will be swapped to the corresponding KMD assetchains. In order to redeem, transfer the asset to the SuperNET account NXT-MRBN-8DFH-PFMK-A4DBM with a permanent message that has the KMD format address they want the assetchain coins sent to. The transfers will be processed prior to any dividends that are sent out, which means if you dont transfer before the payout date, you will miss out on that payout. However, I cannot promise any specific date for the conversion, only that if you do the above asset transfer before payouts, you wont miss any payouts. First payout will be for crypto777 CRYPTO and currently has approx 50 BTC accrued in https://blockchain.info/address/1P3rU1Nk1pmc2BiWC8dEy9bZa1ZbMp5jfg. I expect the payout to be processed in December. SuperNET's share of this is approx 12 BTC. Good news is BTC txfees got low enough to consolidate all the small transactions, so it will be possible to send out the dividend after it is converted to KMD. It isnt that big of an amount, but we have to start somewhere. The asset transfer swaps will be open until March 1st 2018, which is over 4 months from now, we have learned the pains of having a one year swap period! Please do not complain that it is not long enough. It is not clear how much longer the NXT chain will have enough forging percentage to keep it secure, so time is of the essence. After that date, there is no assurance that the NXT assets will have any value, they will not be eligible for swaps, so would be like BTCD which also wont have any conversion rights. NXTventure will have its significant holdings distributed out proportionally to the holders as of the end of November to allow time for people to swap received assets into assetchain coins before the first CRYPTO payout in December. SuperNETx2 will receive 1 SuperNET and 1 REVS to approximate its double revshare. I know it isnt exactly the same, but it is a rough match. Isn't it time to migrate the remaining WAVES assets still on NXT also? |
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there are going to be many innovations coming.. exchanges are becoming autonomous but regulatory scrutiny will still exist.. wonder how things will develop
As long as BTC and cryptos generally stay legal, then tools like BarterDEX (where trading is P2P and no exchange is involved) will keep adoption growing. Centralised exchanges are like trainer wheels on a bike, once you can stay upright on your own, why keep them? |
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OTC trading will still be legal, if the exchange ban goes ahead it will accelerate move to genuine P2P trading, Best example I know of for P2P trading is BarterDEX Click image for demo of using BarterDEX  |
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If OTC trading is still allowed, which many sources are saying is the case, then I think P2P trading using BarterDEX would be legal, as would localbitcoins. If bitcoin is still legal to own in China, then 'bartering' with another person for a coin swap would be OK I think. Very interested to hear some opinions from Chinese crypto folks on this, would they use BarterDEX if this exchange ban goes ahead. https://www.youtube.com/watch?v=5ybTtvOWnvQDemo of using BarterDEX |
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