Message from CREX24 "KYF Withdrawals have been disabled. We'll start the swap process soon." If you have KYF in a wallet, please follow these instructions to receive your FRANCs. For the ones who don't know how to activate your TRON wallet, I will do it for you. I need 1- a screenshot of your KYF wallet with the total amount of KYF visible 2- a list of your KYF addresses so that I can verify. 3- the FRANC address from your Tronlink wallet so that I can send the FRANCs to you. If you have any questions do not hesitate. This can help your to install your new Franc Tronlink Wallet https://franc.eu.com/how.php |
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I just talk with CREX24, the swap will start tomorrow. But they are warning us that it will not be done in 5 minutes. "Please note: Swap process period is 1-7 days. Depends on our devs' schedule. We won't be able to finish it in 5 minutes. However, since the new project is TRC20 token, we'll complete a swap process pretty fast." So do not panic if we have to wait CREX24. About the wallet <=> wallet operation, I will freeze the KYF balances tonight at midnight French time. If you need to transfer KYF from CREX24 to your wallet, do it BEFORE this time! Or you can keep your KYF at CREX24 and they will do the swap for you. At CREX24 your KYF will be lost. The wallet to wallet exchange will preserve your KYF and your FRANCS. In order to receive FRANCS you need to install a Tronlink wallet and get an address: https://franc.eu.com/how.phpTo activate your address you need to deposit 0.1 TRX on your Tron wallet. I will do it if you can't do it. I will need to have your KYF addresses, your FRANC address and a screenshot of your wallet. I will start to send FRANCS tomorrow morning French time. |
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The Swap between Kryptofranc (KYF) and Franc (FRANC) will happen the 27th of March. Every holders of Kryptofranc will receive the same amount of Franc corresponding to their balances in Kryptofranc. The balances will be calculated the 26th March so everyone must do their transactions before this date. The KYF in CREX24 will be swapped automatically, KYF will be delisted and FRANC will replace it. The KYF in wallets will be manually processed by me. Here is how it will go. - Install a Tron (TRX) wallet, like Tronlink on your Desktop or your phone. - If possible fund your TRX wallet with 0.1 TRX to activate it. If you cannot I will send you 0.1 TRX to activate your address. - Get your address from the receive screen. - Do a screenshot of your KYF wallet to justify the number of KYF you are holding on that wallet. Send me this screenshot using Discord https://discord.gg/7qscn6S or another platform like Telegram https://t.me/franccrypto- You will receive the same amount of FRANC. Please note, that I will refer to the balance from the 26th March to verify. Do not transfer any KYF past this date. Also all the premine from the Kryptofranc (total 3 Billions of KYF) will be burned. This does not concern the investors, these were pre-mined to be delivered through the NGO platform. The Kryptofranc blockchain will continue to work, if someone is mining it. I will continue to support it technically, but I am no more in charge of this projets. Jean Martial Lefranc is now managing the Kryptofranc and any future development is in his hand. FRANC is the rebirth of the money FRANC it is also the crypto currency that is running the project W.O.K, a virtual world powered by FRANC. Franc website is https://franc.eu.comMore info about how to setup your Tronlink wallet can be found here: https://franc.eu.com/how.php |
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Mining KYF is an issue since a miner got berserk yesterday mining at close to 1Ph/s ! I have contacted Jean Martial Lefranc about this problem, since he is the one in charge of KYF right now, but his GMail is blocking me.Kriss and I are mining to get some blocks. The blockchain is locked at 93 Millions Diff which cost 10 Eur / hour to mine. I post here for legal reason, since the same Jean Martial Lefranc is now threatening me to sue me, because I will burn the 2 Billions KYF he stole from the ONG project.  Mining to unblock the blockchain and lower the difficulty  |
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My ex-partner Jean Martial Lefranc is trying to stop the swap operation This is an email from CREX24 ---------------------------------------------------------------------- As I can see, we received the following email: "As evidenced by our website https://kryptofranc.com/, the press releases I co-sign and the Medium releases, I am one of the Kryptofranc promoter. I have not authorized and I do not support the current conversion that Nicolas Choukroun is trying to implement from KYF to Franc. He does not have my support or the support of the community to eliminate the coins that have been put into your custody. I therefore request that you stop all operations related to this swap until the rights of the investors in Kryptofranc are established and restored. Current value of my holdings in KYF are in excess of 200 000 € and should pursue any action resulting in reducing this value, we will exert all recourse under the law to recover any loss of assets. Please confirm by return the actions you intend to take to restore the flotation of KYF on Crex24." Please resolve any disagreements in your community. We do not want to be the responsible party in your conflict. Until then we can't start a swap process." To be noted: Jean Martial Lefranc doesn't have an account at Bitcointalk, or on any of our social networking. He agreed to stop the NGO platform that was his idea, but didn't agreed to burn the 2 Billions KYF that were specifically pre-mined for the NGO. He instead, pocketed them. Transaction: 762209bdf5631fa1e5e89e018ebd320bfd77f7da7e559b943fb9ad34bc6fce9b and e55a42a81ac066c4c0a6467ea58f32052d7ee19a38916c6c441e60bf2d473657 https://kryptofranc.com/blocks.php?search=762209bdf5631fa1e5e89e018ebd320bfd77f7da7e559b943fb9ad34bc6fce9bhttps://kryptofranc.com/blocks.php?search=e55a42a81ac066c4c0a6467ea58f32052d7ee19a38916c6c441e60bf2d473657These 2 Billions are supposed to be burned in the swap, to clean the path for the future projects, hence the problem that we have now. |
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Kryptofranc is being swapped to Franc (FRANC) at CREX24 with a 1:1 ratio. - All balances at CREX24 will be maintained, investors will have the same number of Francs as they had Kryptofrancs. - Balances outside CREX24 will be processed manually. - I will post a tutorial to show step by step how to use the new Franc Wallet - Franc is a TRC20 smart contract using the Tron (TRX) blockchain. - All premine that were supposed to be delivered to the NGO (2 Billions KYF) will be burned. - The Franc will have no pre-mined and all the balance will be from people who purchased or mined Kryptofranc before. - The authors will not receive any special bonus package, all transactions can be traced here: https://tronscan.org/#/token20/THfTjR6aNpmDaavokHzix89X9cCFmh5z7c- Jean Martial Lefranc has left the project after the abandon of the NGO voting platform and its failure to attract the interest of the investors. - Nicolas Choukroun and the investors and miners who supported the project are moving forward. - Franc is reborn from its ashes. - Franc will be used in W.O.K a virtual world / social networking platform built on Unreal Engine. If you have any balances on your KYF wallet, let me know, I will send you Francs on your Franc receive address. If you have any questions please do not hesitate. |
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I want that people who send 1 TRX to the contract address, receive 10 ContractName coins in their wallet.
Any source code?
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Does anyone think a 50 gwei ETH fee transaction might work?
I'm not having enough in the wallet and thinking if the transaction will go through or will it get stuck.
Less than 100 gwei will be rejected I think. Check here: https://ethgasstation.info/ |
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You can take a look at how many tokens the company is minting from the treasury and you'll have a basic idea how they do it. I imagine setting up huge sell and buy orders at $1.01 and $0.99 respectively. They probably have a bot linked to each exchanges USDT is listed.
That means that they need to have a bot for each exchange. And now that they have both contracts on the ETH and TRON blockchains that's double the bot job. There is a risk though since they are gathering the value of USD from an external process, who is in charge? What guarantee that this person is always reliable? |
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I have read the USDT smart contract and there is no price re-adjustment. Only some management functions like blacklist addresses burn cash and of course the basic ERC20 functions.
But how do they re-adjust the price to be 'stable'
Is it done from outside?
Then do they have to do it for each exchange, using the exchange API?
More info is welcome!
I think usdt was based on the fluctuations of dollar rate, and what I see about it's fluctuations is the same with fiat cash value or the stability of this asset. Once fiat value also rises, price for usdt also be affected that's why exchange to different coins would become profitable when acquire more gains in trading. I understand but how they are doing it programatically? I do not see the code in the smart contract. |
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I have read the USDT smart contract and there is no price re-adjustment. Only some management functions like blacklist addresses burn cash and of course the basic ERC20 functions.
But how do they re-adjust the price to be 'stable'
Is it done from outside?
Then do they have to do it for each exchange, using the exchange API?
More info is welcome!
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Tron (TRX)
I have done smart contract with it, work smoothly, almost no fees, supported on any platforms with a lot of choices of wallets.
Also they support Solidity so moving from Ethereum is very simple. Like USDT did.
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You cannot mine like this. You need to use a stratum pool. Solo mining has been disabled for a long time (unless they added it back? but I am doubtful) You need to setup a mining pool, and it is quite a complicated process. A good start is here: https://github.com/tpruvot/yiimpTake a cheap dedicated server here for example: https://www.hetzner.com/sbUse an install script like this: https://github.com/xavatar/yiimp_install_scryptDo not let anyone install it for you, services will generally have some sort of spyware, and will mine partially for them, so it is not worth. |
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@TheWolf666 Thank you for the great guide. I've followed the instructions to make changes and able to build the code on Windows. But I'm unable to start the wallet or the coin daemon server. It fails in this code, in tx_check.cpp. if (tx.IsCoinBase())
{
if (tx.vin[0].scriptSig.size() < 2 || tx.vin[0].scriptSig.size() > 100)
return state.Invalid(TxValidationResult::TX_CONSENSUS, "bad-cb-length");
}
I see that in Chainparams.cpp, there are new variables being set in the latest core code, for example consensus.SegwitHeight = 481824;
I've set this to 1 but still no use. Any pointers? I would like to create a brand new blockchain from start using bitcoin core code for experimental purposes. Thanks in advance I would comment the return state.Invalid(TxValidationResult::TX_CONSENSUS, "bad-cb-length"); and do consensus.SegwitHeight = 0; You are starting a new blockchain so you need all the BIPs starting at zero. If you have a validation error, temporary comment the error, so that the first block (genesis) can be written into the blockchain. The first block is always a problem, because the authors of Bitcoin Core are not helping the altcoin developers with their validation tests that are specific to Bitcoin. |
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I am looking for some example of coin that were originally made as a blockchain but was later on swapped to become a smart contract.
What does happen to the valuation? Is it a positive thing or does it crash the value?
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Another Press release: Franc (FRANC) will be based on Tron (TRX) blockchain due the high price of gas by Ethereum. https://kryptofranc.com/press_franc_update.phpParis, France 02/23/2021: In January 2021 the authors of Kryptofranc (KYF) a blockchain based on Bitcoin Core published a press release announcing a new derivative project named Franc (FRANC). Franc (FRANC) is a new altcoin smart contract that was to be programmed on the Ethereum (ETH) blockchain with Solidity 8.0. However since that date, many problems with Ethereum and the high price of the fees (gas) - topping sometime at more than 200 USD per transaction - make it unappealing for Franc on move on this technology. After some research, Nicolas Choukroun the programmer of Kryptofranc and Franc decided to use Tron blockchain to host the Franc project. “We cannot do staking or use Franc as a currency for the project W.O.K if the transaction fees are too high. Tron has low transaction fees (what they call “energy”), and by doing a TRC10 type of contract, these fees are even divided by 1000, which makes every transaction almost free” said Nicolas Choukroun. At this point of time, Tron (TRX) delivers the perfect solution. Therefore Franc will be a TRC10 type of smart contract. “Over the next 2 years, we will be developing an exciting project named W.O.K based on Kryptofranc and Franc and during this time, our Kryptofranc investors will be able to accumulate Franc for free by staking more than 5 Millions of KYF to get 15% APR delivered in Franc. We will also ensure a direct donation system where you can send 1 TRX and get 10 Franc as a step ahead and participation to the project without staking” added Jean Martial Lefranc, curator of the Kryptofranc foundation. For 2 years, ending in early 2023, Franc and Kryptofranc will function together in order to offer to the Kryptofranc’s investors a way of staking KYF to get a 15% APR rewards in Franc. You can find Franc website here: https://franc.eu.comThe Kryptofranc website is here: https://kryptofranc.comThe W.O.K website is here: https://wolfonlinekingdom.comFollow us at the following social networks: Discord: https://discord.gg/7qscn6SBitcointalk: https://bitcointalk.org/index.php?topic=5157308.0Facebook: https://fb.com/KryptofrancTelegram: https://t.me/kryptofranc |
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Press releases today: Kryptofranc (KYF) to stop its NGO voting platform to pivot to a new project called W.O.K.https://kryptofranc.com/press_kryptofranc_endofngo.phpParis, France 02/24/2021: In July 2019, the authors of Kryptofranc (KYF) a blockchain based on Bitcoin Core published a press release announcing the creation of Kryptofanc and its quotation on a major crypto exchange. This new innovative blockchain based on Bitcoin was designed to be a human right platform, and to connect the crypto technologies with the NGO (Non-Governmental Organisation) who needed funding from the crypto investors. However, our voting platform did not attract the attention the way we expected, and failed to become a significant draw for these organisations. As a conclusion of this experience, the Kryptofranc team will stop the voting platform located on our website https://kryptofranc.com/results.phpA total of 10493377 KYF have been donated to 118 NGO associations. These will be available to any official representative who will contact us. “We decided to use the KYF the way it was supposed to be when I first started working on Kryptofranc and Franc in 2017” said Nicolas Choukroun. “The crypto currencies are struggling to be accepted in the real world because the governments and the banks are resisting to these new technologies, my conclusion was that if the real world don’t want the crypto-currencies to be mainstream, then let’s create a virtual world where these will power a virtual economy: in a game or a social networking platform! Let us create a place where people can have a true virtual life and make a living out of our crypto-currencies. Connecting gamers and crypto is guaranteed to be a success.” “We have tried our best to use the crypto-currencies technologies to build a better world. In the real world, the goal proved difficult to achieve. Still we believe we can build a better virtual world and draw a large community of fun loving, freedom loving members from around the planet” Added Jean Martial Lefranc. ‘We have to move forward with our projects, over 5 000 investors are now involved in KYF trading. we have grown more than 600% since we started trading and we are just at the beginning.” For 2 years, ending in 2023, Kryptofranc will be offering staking to their investors by giving 15% APR rewards in Franc, a smart contract that will complement Kryptofranc in a virtual world named W.O.K. Anyone who is holding 5 Million Kryptofrancs or more on a Kryptofranc wallet’s address will receive 1.172% of their holding in the form of Franc tokens every month. Franc will be tradable in a major exchange just as Kryptofranc, and both will empower a project codenamed W.O.K. You can find Franc website here: https://franc.eu.comThe Kryptofranc website is here: https://kryptofranc.comThe W.O.K website is here: Follow us at the following social networks: Discord: https://discord.gg/7qscn6SBitcointalk: https://bitcointalk.org/index.php?topic=5157308.0Facebook: https://fb.com/KryptofrancTelegram: https://t.me/kryptofranc |
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