One of the problems we have at the moment is that we have several devs who work part time on the project and indeed many of us have day jobs that have lead to things not being as organised as they should be.

It is my responsibility to ensure that this improves.

​What are Thrones?

Thrones are paying nodes on the Crowncoin network.  Throne operators will earn 40% of the Crowncoin block reward in return for providing services via their Thrones.


​How do I get a Throne?

In order to operate a Throne 10,000CRW collateral is required.  Thrones along with guides on how to set one up will be released in the coming days.

If you can't wait, you're welcome to compile and set up a Throne from source if you know what you are doing.


​How much do they pay?​ 

A forecast for Throne finances can be found here.

https://docs.google.com/spreadsheets/d/1x4KjbxtqGPKghajJb3scJBL6ED3B_CCBbYES6N6CR28/edit#gid=0

Throne payments are currently underway.  Every time a miner who has updated to the latest version solves a block, 40% of the block reward will be paid to a Throne.  Enforcement will not be turned on until the majority of the network is on the latest version.  Please update using the latest Github build.  Windows binaries will follow shortly.


​What will thrones do?​

Thrones, apart from strengthening the Crowncoin network, will form the basis of a two tier service network.  An exciting announcement about the first planned service for the Throne network will be made in the coming weeks.  The Crowncoin team believes that the first planned service will propel Crowncoin to the forefront of altcoin R&D.


​New Team Members

Stonehedge has joined the team to help with project management and PR. Chaositec has joined the team as part of the Development Team and will be working on improving the quality and timeliness of wallet builds and will also be setting up some useful applications relating to Thrones.


What next?

A roadmap detailing the next steps will be published on 6th July 2016.

I personally don't intend to make excuses. 

We are we we are.  The best I can do right now is to take steps to stop anybody updating without knowledge of throne payments and offer a refund to any miners who feel they were misinformed.

At the moment, I believe that the majority if not all groups using the new version were aware.  I don't think it is right or fair to accuse of us of deliberately stealing. 

Updates will follow today.

And for the record, if there are any miners or pools out there who downloaded the update without being notified about the new node payments then please get in touch with me directly and I will refund you for the blocks that you solved.

You do realise that we contacted miners and pools directly to offer them the update?

I appreciate that there is a chance that somebody has downloaded the update without being aware of the new block reward structure and I will address that as a matter of urgency but you really are over dramatizing things.

How do you propose we rectify this?

When the Windows QT is ready we'll update the OP with all builds.

If a miner doesn't want to pay thrones, they don't have to update their software at the moment.  We have no plans to turn on enforcement until there has been an entirely level playing field for some weeks.

Obviously we will enforce throne payments in the future but at the moment the only miners and pools to have upgraded have done so VOLUNTARILY and in support of the project.

Can you elaborate why you are skeptical about Thrones so that I can try to address your concerns?

Yup, apologies for the delay.  The person I asked to help didn't deliver which meant that I had to try to work it out myself.

I don't want to tell people how to set up a throne if the instructions are incorrect.

My thrones have been running for 1.5 days, not three weeks.

I understand your concerns but this scenario was not intentional. Payments wouldn't be happening if pools and miners hadn't updated to the version to pay thrones.  They have done this voluntarily and there was nothing we could have done to stop them doing this.

If anybody is very keen to set up a Throne you can follow this excellent guide.

https://www.dash.org/forum/threads/taos-masternode-setup-guide-for-dummies-updated.2680/

All you need to do is replace the word DASH with Crowncoin and the word masternode with throne and instead of using 1000 Dash, use 10,000 CRW.  This is because thrones use the same 2nd tier implementation as DASH.  If it works well, why change it?

I am going to produce a Crowncoin version of the guide tonight for publishing tomorrow.  I'm hopeful that we will finally have a windows QT build before then too.

Please don't be so cynical.

I am running 5 of the 8 thrones.  All coins that I receive between when I set them up 1.5 days ago and when we launch them properly will be GIVEN AWAY.  I'm not the only person who has publicly agreed to this.

We have not posted how to run a throne because none of us know how to set one up well enough to tell somebody else how to do it.

The dev is currently at sea on a boat with limited internet access and his opportunities to write guides and work on code will be restricted for a few days.

Having said that, he has managed to write a guide that I am hoping to test and publish within the next few hours.

Right, I set up five thrones yesterday and they are all receiving the correct block reward payment.

I think it is time to go full steam ahead to get other people up and running with thrones and to encourage everybody to update to the latest version.

Sadly we are having a few problems compiling the QT version.  Hopefully this will be sorted in the next day or so (maybe sooner) but in the meantime, people are very welcome to compile from source.

Would anybody be interested in a bounty for writing a guide on how to compile from source and set up a throne?

Yes, the IP of the machine hosting your Throne.

Throne payments coming through ok to my test throne.  Just updating four others to see if they will work.  Looking good so far.

Any throne payments that I receive before we have posted binaries will be donated to bounty funds.

In the meantime, please could people compile from source and run a throne and let us know how it goes?

I want to take responsibility to solve this problem but I need some help understanding exactly what the problem is.  I don't know the history.  How can it be recreated?  What needs to change?

Holy shit, that is a big deal!  Looking into it now.

Ok...next steps for me.

There is going to be GUI provision within the wallet allowing you to control Thrones.  This should be ready in the next day  or so.  Once this is done I'm going to arrange for the builds to me made available.

Once the builds are available we can start contacting people to ask them to update.

While this is happening I am going to run some more Throne tests, this time concentrating on Start-Many and cold throne setup.

Whilst we give exchanges, miners and pools a few weeks to update to the latest client I'll finalise the guides on how to set up thrones and we can start building the network up ready for enforcement to be turned on in the near future.

Whilst all this is going on, it'd be great if the community could have a discussion about the future of the Throne network.  Once the Throne network is growing and paying out, there is a real opportunity to provide services using it.  Similar to how Dash masternodes provide support for Instant X and Darksend amongst other things.

I like the general idea that Thrones could provide services relating to support trade, IPR and business agreements in the future.  Does anybody have any suggestions for possible services that  CrownCoin  could provide?

One thing that I have noticed is that my thrones, despite being active full nodes, can't see other thrones when you run a throne count.

I think this is to be expected before the network has adopted the new wallet but I don't understand the ins ands outs of why.

One of them is active.  On the small side but important nonetheless.  Lets build a list.