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501  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 03:37:14 PM
This will also be good for ARM as well right?
http://cryptojedi.org/peter/data/ches-20120911.pdf

Yes, we are actually talking with a mesh node project about running Crypti nodes on top of their devices (thanks to Node.JS being lightweight enough to run on ARM - for example http://joshondesign.com/2013/10/23/noderpi)
502  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 03:33:30 PM
Also the ~750 BTC feels strange. Why not exactly 750 BTC? Because they will actually sell more than that, now that they see there is huge interest? And if they do, this will dilute the share of the current investors, who are thinking they are getting 1/750 of the available Crypti by investing 1 BTC, while in reality they may get only 1/1000 or something. This would be misleading investor very badly, so I hope I am wrong here.

The maximum cap is 750 BTC with Bter and Maxmint combined, this means once we reach the cap, anything raised above will be returned to buyers.

We will use both Bter buy times and blockchain transaction times, to ensure the cap correctly applied to these both channels.
503  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 03:23:25 PM
Oh and we are so pumped that finally have a team go with a lighter elliptic curve algorithm!! To my knowledge you guys are the first to build ground up and change the elliptic curve since the original Bitcoin code. Some one far more researched then me could prove me wrong, and we are not talking changing the hash algo here (x11, x15 or NIST5 are all just hash algo) we are talking the elliptic curve algo... Just brilliant cant wait to dive into the code once it's posted!!!

Thanks, however we know that at least another one (Qora) has also picked up Ed25519, probably for same reasons as we did - being secure, lightweight and fast on the modern desktops.
504  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 03:17:41 PM
Really? Could you explain more about the elliptic curve algorithm used in Bitcoin, bit of a noob at this kind of stuff  Tongue

You may want to check out these two resources about the elliptic curve that we are using in Crypti:
http://en.wikipedia.org/wiki/EdDSA
http://ed25519.cr.yp.to/
505  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 03:08:44 PM
I'm sure this will all be cleared up soon

Great work Dev's I have followed since page 4 and Like how you delayed things to get it right even though me and my partner had everything ready to go for June 30th... It was easy enough to just sit back and watch a great Dev team hash out the communities concerns...

Don't get to down on this Bter thing it's still a great idea and I love the whitepaper it took use some time to go through it line by line but great work here!!!

Thanks for the kind words.

I think that number is flawed... at the top of that page it says that over 600BTC has been invested, meaning less then 150 is available... still waiting to hear exact numbers from the devs. For some reason I remember reading that there was a buffer of 200 in there which would mean less then 100 left.

It will be good to know the exact amount invested and the exact amount available...

We are looking towards Bter correcting the remaining displayed amount of the buy order later today.
506  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 10:54:45 AM
So Bter will transform all Crypti presell tokens that investors bought into the Crypti coins and will open a market just after coin will be launched, right?

Bter will provide a full and exact tally of buys and sales, which we will use together with Maxmint blockchain records to distribute Crypti to their owners.

Trading is planned to being after the distribution and Crypti node integration by Bter (for deposits and withdrawals).
507  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 10:52:10 AM
So far the last 4 post are questions and nobody answer it yet, its better to wait for someone to answer one before asking another one s if not these questions might never be answer,so the questions so far are:

1) the real coin is in alpha , beta version or it has been completed?

2)Do I understand it right that coin will be launched shortly after IPO will be over?

3)Guys what is the advantage of buy CR on pre sale ? If right now i will pay 1 Crypti for 1 BTC ?
 o_O Someone can give some potential arguments ?

1) The coin is in beta status, with block-chain, P2P nodes and transactions operational.
Hybrid POS is being finalized these days, and then a work on custom block-chains will commence.

2) Once pre-sale is over, the coin will be launched and distributed.

3) There is a bonus in effect at the moment (25%, if I'm correct).
508  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 10:34:02 AM
Do I understand it right that coin will be launched shortly after IPO will be over?

Crypti will be indeed launched and distributed after the pre-sale is over.
509  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 06:45:42 AM
I already answered. Just click Daily graphics and sum all days. The problem is Bter shows new data almost every time you reload the page. One second it's 1000 BTC, another it's 600 BTC.

Thanks for the report, I will pass it to Bter as well.
510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 05:57:52 AM
If you're thinking about trading CRY tokens after IPO but before actual launch - please don't. I think it'll hurt the price. It's better to start trading when the coin is launched, you have amazing news and everybody sees that the minimum market cap for Crypti is 10000-15000 BTC.
I agree
I better to trading when coin will be finished and launched

As we agreed with Bter, the trading will be launched only after Crypti has been distributed to all buyers, and Bter has integrated the Crypti node API for deposits and withdrawals.
511  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 05:46:07 AM
thanks.  i'm curious - what time zone are most of the Crypti team in?

We are multinational (EU / US), plus sleep a quite less now Smiley, which enables us to be responsive within the most of the 24 hours span.
512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 05:43:00 AM
where are you getting that number from?  i find the BTER page quite confusing.

Sorry for that, we are in communication with them to update the buy order properly, and also looking forward to the API extension for the ledger.
513  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 15, 2014, 05:38:44 AM
Bter update

According to latest communications, about 166.85 BTC remain (including the ~11.4 raised through Maxmint) to reach the 750 cap.

Bter will update the remaining buy order later today.
514  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 14, 2014, 10:22:19 PM
also I try to convince I few friend to get cripti and they are asking me what is so special about this coin and give them a real reason why to invest, please can someone tell me what should I answer to my friends? thanks

Please feel free to point them to the white-paper (work in progress), where they could read about Crypti competitive advantages:
https://github.com/crypti/whitepaper/blob/master/README.md
515  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 14, 2014, 10:19:59 PM
Because that coin has instituted a revolutionary and unique feature that if you adopt it, will likely insure your success.
What is it?  Well, the coin can be called back (refunded) after sending it as long as it has not been claimed by the receivers wallet.  

Thanks for the heads-up. We actually going to take it a step further, by providing an online marketplace with built-in escrow, as a custom block-chain app. This means that in case the merchant has not provided the goods or the services, the paid Crypti could be returned back to client (perhaps minus a small escrow fee).

This together with merchant real-life validation and ratings apps, will show-case the power of Crypti custom-blockchains for application developers. We are still hammering out the details, and will present them in the white-paper soon.
516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 14, 2014, 04:19:35 PM
How many IPO BTC left?

Less then 250, we asked Bter to update the buy order, with a presentation that will be easier to understand .
517  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 14, 2014, 04:17:41 PM
Quick question, when will the ledger be back up? I heard BTER is supposed to provide the API today.

Indeed, the ledger is ready, we are just waiting for Bter to provide us with the API extension.
518  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 14, 2014, 02:24:04 PM
Important update

Bter has updated the buy order to match the 750 BTC cap.

Also, as we have passed 500 BTC, the entire 85% of Crypti will be distributed to the community.
Thanks again for your support!
519  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 14, 2014, 10:51:43 AM
Only on bter ,there have raised nearby 600 BTC,so after 30 days,on the end of ipo,there must be over 1000 BTC raised! so.....the price per crypti ,you konw,will be expensive!

Please note that the maximum pre-sale cap is 750 BTC.
520  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 14, 2014, 10:18:10 AM
Crypti past NXT in volume on BTER! Less than 100 BTC to go before cap is reached  Smiley

Minus maybe some sells (+- 100 BTC at the time?)

It might be related to the said repeating 1 BTC buy/sale activity, which currently is being checked by Bter.
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