I've been thinking about this, & the more I do, the more I'm inclined to agree with infernoman. PR & marketing is the real issue here, or lack of it.
I know because I'm dealing with the issue myself currently. I'm just trying to provide a bit of insight so that money isn't spent on efforts wasted. Which could also lead to a clouded code base if you have multiple dev's working on it. I don't want to push any buttons at all with anyone. Just trying to help where I can, since I know the team is still putting some effort in and they haven't abandoned the project. PR & marketing is a hard subject for sure. Just make sure to keep at it, and keep trying to find new things. The reason I say it's a mining issue is that IF more pools add crw. More wallets will come online as well. the market liquidity will rise. And people may want to hold CRW as more of an asset. More pools won't bring a substantial amount of full nodes. If every MM pool mined CRW it would add 20, max! With masternodes (or whatever we call them) we could be looking at 250 full nodes within 6 months and 500 within 18 months. We're currently talking to another developer of another coin to discuss adding masternodes. He has his own thoughts on how masternodes should operate. Once we have everything agreed, i'll come back to the community. But until you can come up with a better idea to attract hundereds of full nodes, we're going to keep planning. |
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It would be good if more people here could share their opinion on the distribution share to supernode operators and vote!  Personally I don't support it at all. And there is no option for that. What would you suggest? If the community isn't behind this 100%, i wont go along with it. We need as many people as possible to be in support of masternodes for it to work. The reason I don't support it fully is that, you already have merged mining support and from that you should be bringing in enough dedicated nodes. Try contacting some merge mining pools to get crw added. Possibly offer them a bounty to do so. But so far the crown network has been strong. It's mining that's the issue. And trying to solve a mining issue with more nodes, by bringing in masternodes doesn't affect that issue much, if at all. Merged mining has yet to contribute a large amount of full nodes to the network, from what i can tell we're currently running on bare bones full nodes. I asked around at merged mining pools and the general response was "not enough liquidity/support". Sorry what's the issue with mining? Sorry to clarify myself a bit more, the issue is that there isn't enough people mining. And using masternodes to solve this issue doesn't affect it much if at all. If the mining pools say there isn't enough liquidity for them to dump. Provide some it doesn't have to be a LOT. But helping to provide liquidy on the market would be a good thing. Even setup a bot to do some legitimate buying/selling instead of faking the liquidity and buying/selling to yourself. Start with the smaller pools first. Ones that have multiple merged mining coins on the pool already. And would be easy for the operator of the pool to add CRW. Im not trying to solve any mining issues. Crowncoin has merged mining for that. Im looking at the full node issue. Getting more people to mine crown won't affect full node numbers much, adding basic nodes on the other hand will. |
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It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! Personally I don't support it at all. And there is no option for that. What would you suggest? If the community isn't behind this 100%, i wont go along with it. We need as many people as possible to be in support of masternodes for it to work. The reason I don't support it fully is that, you already have merged mining support and from that you should be bringing in enough dedicated nodes. Try contacting some merge mining pools to get crw added. Possibly offer them a bounty to do so. But so far the crown network has been strong. It's mining that's the issue. And trying to solve a mining issue with more nodes, by bringing in masternodes doesn't affect that issue much, if at all. Merged mining has yet to contribute a large amount of full nodes to the network, from what i can tell we're currently running on bare bones full nodes. I asked around at merged mining pools and the general response was "not enough liquidity/support". Sorry what's the issue with mining? |
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It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! Personally I don't support it at all. And there is no option for that. What would you suggest? If the community isn't behind this 100%, i wont go along with it. We need as many people as possible to be in support of masternodes for it to work. |
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Ahhhh cool.
So when you say basenode you mean a simple full node?
I like the idea of mining via nodes, very unique approach.
Is there a set of instructions i can follow to set a basenode up?
By the way, i synced my wallet. All ready for v2.
Welcome! As far as basenodes are concerned, perhaps dragosdbi can help you? And not to forget.. Currently a lot of discussion is happening in the BCR Slack channel. For any newcomers or people interested, here's an auto-invite link to the OPEN/PUBLIC official BCR Slack channel: http://bcrofficial.herokuapp.com/ (No validation/confirmation required!) I'm in  Thanks for the help! |
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Interesting, why does bcr have nearly 250 full nodes?
So many!
for a while you needed a basenode to mine. and the community is rather small. so everyone got good at running nodes. you still need 50,000bcr in an address to mine against. might as well run a basenode and get extra income on top. Ahhhh cool. So when you say basenode you mean a simple full node? I like the idea of mining via nodes, very unique approach. Is there a set of instructions i can follow to set a basenode up? By the way, i synced my wallet. All ready for v2. |
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Interesting, why does bcr have nearly 250 full nodes?
So many!
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So i couldn't get the wallet to download the whole chain.
Will i lose my coins if i leave them on an exchange?
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That's better, thanks.
Edit: Still can't vote though.
I really don't know what else to suggest, everyone else seems able to vote  |
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I've tried with Firefox & IE - still no vote buttons, so it might be a good idea to remake it. Have there been any votes cast yet? I can't see any....
Yes, 6 individual vote Ok the poll has been reset, 3 votes each. |
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I don't see any option to vote - only the percentages are shown, no vote buttons......
It worked fine for me Shall I remake? |
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Anybody else likes the masternode idea?  Will the coin still be merge-minable? If so, yes. Yes absolutely, merged mining is a corner stone of Crowncoin and its security. The only difference is 50% (yet to be decided) of coinbase reward will go to full node operators meaning merged mining will only generate half the coins it used to and the other half going to masternodes. I think 50% is excessive. I also think that all mined blocks should have a percentage paid to masternodes, not just merge mined blocks. The majority of miners are merge mining CRW, so halving the reward for the majority seems a little unfair & is almost forcing them to run a masternode to earn the same amount. How about a percentage of Tx fees going to masternodes as well as a smaller % for every mined block? Sorry, every block mined, regardless of merged mined, solo mined or pool mined will be split. I personally feel the addition of Basic nodes will provide equal or more value to the network than mining does, therefor 50% seems fair. But please vote on the poll, cheers https://bitcointalk.org/index.php?topic=1482502.msg14941115#msg14941115 |
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Crowncoin BasicNode Implementation -=Poll=- Coinbase allocation % How much of the coinbase reward (mining reward) should be allocated to full nodes? You can select upto 3 options |
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Anybody else likes the masternode idea? Will the coin still be merge-minable? If so, yes. Yes absolutely, merged mining is a corner stone of Crowncoin and its security. The only difference is 50% (yet to be decided) of coinbase reward will go to full node operators meaning merged mining will only generate half the coins it used to and the other half going to masternodes. In the long run the whole network should benefit from more full nodes and probably become much more valuable as a result, negating any losses in amount of crowncoin that are mined. Hope you can stick around and run a couple of our proposed 'basic nodes'. I'll start putting some figures together on excel to show the potential of this implementation  |
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Everyone should be buying CrownCoin if they know what is good for them Hey man, Haven't seen you in a while. What coin did we both support before? Eh can't remember. Anyway, glad to see you here. Cheers. Noobkid graced us over in SPR  |
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We are analyzing this and we would like to go ahead. Discussion with the dev going on right now.
Progress update
I'v been in contact with a developer of another coin. He's interested in implementing a basic form of Masternodes
for Crowncoin. This could be a great step for CRW and add long term stability to the network.
Why I think we need "Basic Masternodes"
Basic Masternodes are like Dash Masternodes but without coin mixing and transaction locking, basically just paid full nodes.
Miners and "Basic Masternodes" get a split of coinbase reward, thats it.
This hopefully will add many more full nodes to the network and improve security.
However, a bounty must be paid and funds must be raised by the community.
If Crowncoin's knights are willing to back this project, then please contact me
If the coin forks to have MasterNodes I'll run one. Great to hear! I hope we can get some traction pretty soon |
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