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721  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XCR] Crypti | DPoS | 100% own code | Dapp Store on: July 15, 2015, 04:02:26 AM
Sure. Smiley Someone remembers the exact date of the IPO end?

Well, tomorrow, 16 juny is 1 year after IPO end. You must mention it in blog weekly update.

Raised funds update

Following my communication with Bter, they confirmed that 727.103605 were raised.
Together with Maxmint raised 33.80307572, it totals to 760.90668072!

We are now discussing with Bter the best way to proceed for the remainder of the pre-sale period, allowing both additional purchasing and refunding.
At the end of the pre-sale period, we will process the funds raised both through Bter and Maxmint, to refund these over the 750 BTC cap.


On that note, I'd like to thank again the crypto community. We are grateful that you have given us this chance, and commit to making Crypti the best and most commonly accepted eCommerce crypto possible.
722  Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone got rich with altcoins (with small amount) ? on: July 14, 2015, 09:02:35 PM
But i think that there is another coin right now (and the only atm imo, because its so cheap), where you can make enormously profit, but i cant tell it now.
But i will show some screens when its happening. from 1 btc 100 btc  Smiley

Don't be that greedy  Grin

Tell us what it is.

Really bro. Let others to cut a piece of a pie  Smiley
723  Alternate cryptocurrencies / Altcoin Discussion / Re: Anyone got rich with altcoins (with small amount) ? on: July 14, 2015, 07:33:46 PM
Hey,

my question is, have someone done it here with altcoins to get rich?

This mean with a small amount of bitcoins (under 5 btc) make a few hundert bitcoins?

I had a few times the chance, but everytime i sold the coin a lot too early.  Cry
I hate it seeing that "your" coin is rising and rising but you are out.  Lips sealed (and its too late to make BIG profits)

NXT IPO investor got thousands BTC on 0.1 BTC invested.
Qora IPO investors got some money.
NEM IPO investors was able to make some money.
724  Bitcoin / Bitcoin Discussion / Re: What projects are you most excited about? on: July 14, 2015, 04:00:02 PM
Crypti  Smiley
725  Alternate cryptocurrencies / Altcoin Discussion / Re: Most undervalued coin? on: July 13, 2015, 01:16:27 PM
crypti
vanilla

 Smiley
726  Economy / Speculation / Re: Woooooo!!!! 308$ atm!!! on: July 12, 2015, 08:49:33 PM


Get ready for 500 in two month.
727  Bitcoin / Bitcoin Discussion / Re: If you had to choose to put 5 BTC into 1 BTC investment, what would that be? on: July 12, 2015, 08:44:37 PM
So, if you had to select only 1 single BTC related investment to put 5 BTC into it, what would that be?

I know a lot of people re going to say there are no safe and sustainable BTC investments but I strongly disagree. Once you exclude HYIPs and ponzies, you can do well in the crypto world.
What would you choose and why?

Check my signature.
728  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] How to Make Your Own Cryptocurrency + [ANN] ADAMANTIUM on: July 12, 2015, 05:58:16 PM
Sound like fair deal.

To gather miners togather, show the group the making af an altcoin step by step + videos, and then, after all. Mine it!

729  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VNL] Vanillacoin 0.3.1 | Hybrid TCP/UDP | ECDHE | O(1) | DarkPP/MinerPP/CoinPP on: July 12, 2015, 01:10:03 PM
What is zerotime  Huh
730  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core is a broken piece of shit on: July 11, 2015, 06:27:36 PM
Damn, where is Satoshi ?  Angry
731  Bitcoin / Bitcoin Discussion / Re: i am starting to turn against bitcoin technology .. on: July 11, 2015, 04:26:30 PM
i have several strong arguments against bitcoin technology.. i have been wronged multiple times for no reason. i am like everyone else here doing the same things everyone else here is doing.. except i am being wronged.. i am going to turn against this technology because of it. i always say friends is better than enemies, but once i am forced to turn then i say some enemies is best to stay enemies. this is the warning shot over the bow. keep wronging me and i am going to turn hardcore against bitcoin technology .

God forgives, I don't.
732  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members on: July 11, 2015, 01:46:19 PM
Keep patience.
Here is one thing I learned while investing in new source coins: it takes time to implement cool features. Not week, not even 1 month, but many months.
733  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XCR] Crypti | DPoS | 100% own code | Dapps | Sidechains | Dapp Store on: July 11, 2015, 12:26:26 PM
Quote
Optimally 16 master nodes are running your dapp, creating a base and providing the consensus. we might raise the number of possible master nodes in the future. Additionally an unlimited number of full nodes can support the decentralized peer-to-peer network of the dapp, providing a decentralized accessing option for the lite clients.

To make a comparison; the master nodes are the backbone of the whole system making database/blockchain operations. The full nodes are acting like accessing servers, with the regular users accessing them with their lite and mobile clients.

Good design! Those "full nodes" provide "scalability" for hi-loaded dapps with million users  Cheesy
734  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XCR] Crypti | DPoS | 100% own code | Dapp Store on: July 11, 2015, 12:15:00 PM
Can someone explain to me what it is about cryptis dapps that is actually decentralized ? From what I gathered one person owns the app and it relies on that same person to run masternodes. Am i missing something ? Did i missunderstand that part ?

This is an honest question. I don't mean to hate. Just asking a question.

A dapp consists of several parts:

- storage of dapp files

Here we have two choices, one centralized (GitHub), but also a 3rd party decentralized method. The decentralized method can't be disclosed yet, but as you probably know there are several options on the market. At the beginning it will be one of them, and later we will add the others step-by-step. Maybe even an in-house solution will be coded as a dapp later by some developer.

- computation of the dapp

While a centralized application relies on a single server to perform it, we have 16 master nodes. This number will be raised in the future, but we will begin with 16 for now. If you are a dapp owner you can now look for 15 other independent persons, who can help you run your dapp.

- hosting of the dapp

Where is the difference between hosting and computation of a dapp? A normal server usually takes care of both, a master node at Crypti takes care of both as well. But an unlimited number of full nodes can install and start the dapp as well, so other users (lite client, mobile client) can access it though them.



Let's make an example, our example case will be a Bitcoin dice gambling game.

The team consists of 3 persons; a CEO (C), a technical guy (T) and a marketing guy (M).

Centralized (worst case):

The centralized service now has 1 server running for the website and C has access to the fundings.

- website hacked: All funds are stolen, the users will not get reimbursed.
- server down: The users don't have access to their funds.
- C runs away: The users lost all their money.


Centralized (good case):

The centralized service now has 3 servers running for the website and C, T and M have access to the fundings, within a multi-signature account in the cold wallet.

- website hacked: The hot wallet got emptied, users will maybe get reimbursed.
- servers down: The users don't have access to their funds.
- 2-of-3 admins run away: The users lost all their money.

You see, the good case is much better already. Now the advantages/disadvantages between centralized <-> decentralized services come into play. They already use a multi-signature account, but the servers can still go down.


Decentralized:

The decentralized service is running on 10 master nodes and 20 full nodes. C, T and M have 1 key each. But they also asked 4 delegates of the Crypti network, 1 Crypti foundation member and 1 escrow person to hold keys. This can of course also be done with a centralized service, but at Crypti there is automatically a verification of this possible.  Also it's inbuilt, resulting in a lot lower work for the site admins.

- website hacked: Well, the website can't get hacked. The only thing which can get hacked are the master node keys for Crypti and the decentralized hosting solution. Hot wallets might get emptied, but if the multi-signature implementation into the dapp got properly done, it's nearly impossible to do so.
- servers down: For this all 10 master nodes need to get DDOS'ed. This is of course possible, therefore the dapp owner could raise it to 16 master nodes. Later we will raise this number, so a dapp can get computed by for example 100 nodes. But the master nodes only take care of the database operations, for only viewing the site there are still many more full nodes. If you run your own full node to access the service, you will most certainly always have access.
- admins run away: Thanks to the multi-signature it's not possible. Again, this can be done in a centralized website as well. But at Crypti it's automated and checkable.

Along side these, the dapp is running on a sidechain. Here comes the regular blockchain technology advantages into play now. Everyone can check the liquidity of the service, can check the transactions on the sidechain and so on.

Crypti will also offer many more advantages, like
- an inbuilt token system (similar to the Nxt asset exchange, only for the dapps).
- APIs for Crypti and Bitcoin implementations.
- libraries and developer tools.
- a Dapp Store, making the dapps accessable from anywhere and from everyone.


I hope this explanation helps. I might have missed some things, even I can't imagine yet. Smiley

Passion_ltc what is the difference between "master nodes" and "full nodes" ?

Good post for blog by the way.
735  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XCR] Crypti | DPoS | 100% own code | Dapp Store on: July 11, 2015, 11:44:35 AM
Quote from: Passion_ltc
I don't know why 50cent_rapper has these 45 days in mind. But we have a roadmap, check the OP. Here is the detailed one: https://docs.google.com/spreadsheets/d/1Zzsu0BikplztWB8xTU3PhMHbyHBrW8EX3lR-e6lS8LA/pubhtml

Damn. I have had this in mind because yesterday the roadmap were different. So you updated it few hours ago and then say like "I don't know why 50cent_rapper has these 45 days in mind". You have a sence of humor Grin

Well new roadmap says DappStore will be in october  Cry
736  Alternate cryptocurrencies / Altcoin Discussion / Re: Most Profitable Alt Coin? on: July 11, 2015, 12:52:36 AM
And by the way, I don't pay for electricity. I get it for free  Grin

Thanks to mom  Cheesy
737  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XCR] Crypti | DPoS | 100% own code | Dapp Store on: July 10, 2015, 07:14:26 PM
I wouldn't mind if you enable anonymous comments under blog posts.

Google likes very much (in terms of SEO) unique content, regual updates and comments under this content.
738  Alternate cryptocurrencies / Altcoin Discussion / Re: Now that bitcoin is failing, which alt coin will step up to the plate? on: July 10, 2015, 07:06:02 PM
It would seem obvious that Litecoin is the obvious choice....but is it?

What about Peercoin? And Monero? Ripple? Doge?

State your case for coin that will replace the bitcoin.


Stupidity will dominate. So I will vote for Doge. Wow. So coin. 
739  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any future for "new coins"? on: July 10, 2015, 04:43:08 PM
Any coins that has been created since January will have no future. I personally think there is no room for new coins in crypto....all established coins are the only ones that'll make it to the future. Look at BTC price..it's the leader for a reason...when it came around there was no competition and then slowly competition increased and now it's to the point that crypto is filled with "scam coins" so any new legit coin will be labled "scam" easily and it's literally impossible for any new dev to succeed in this competitive crypto market.

thoughts?

Dogecoin. No innovations, pure clone. # 4 on coinmarketcap. More than 20 million USD capitalization. How can you explain this?



740  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XCR] Crypti | DPoS | 100% own code | Dapp Store on: July 10, 2015, 04:24:20 PM
 
A second thought - maybe we should do a whole new [ANN] announcement here on BTC for XCR dapps, to let people know that XCR has revolutionary new capabilities beyond the typical cryptocurrency.  


A little more patience. Let's wait for 0.4.0 version with DappStore and custom chains - only 45 days to wait. And then start to market / advertise Crypti in media, not only cryptomedia, but in "external world" too. We need dapp studios.

I think angel investors will fund dapp studios / enterpreneurs, which will build decentralized dapps, for example, personal finance dapp, CRM system for business, encrypted chat. 

If you are Cryptillionaire, in the future you can fund those kind of dapp studios / enterpreneurs with XCR.

And bitcointalk - the majority of users there are intersted in converting electricity bills into BTC, like converting 150.00 $ electricity bill into 0.50BTC worth of an altcoin, which cost the same 150.00 $ by the way.
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