This is a great point  [/quote] Very well! Excellent initiative! Let's build our kingdom together and be the kingdom of all and not just some! [/quote] |
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The proposal is to start a discussion. Right now it seems that wallet staking will not be included in the PoS, there are many reasons for that from the dev perspective. The PoW rewards should go evenly to MN and SN. Regarding your other questions, I recommend you join our main chat at mm.crownlab.eu and talk to our devs, we expect an very open discussion with the community since it will take 4 to 5 months to implement this, and we want to be sure all major concerns from the community are included in the PoS solution our devs have in their head, should the proposal pass through our governance. Is there somewhere we can find more information on this proposal? Specifically: 1) What will the rewards be for Staking? 2) Will MN and SN rewards be changed or will they stay the same? 3) Will the "halving" schedule remain the same? Does that schedule apply for staking as well now? 4) Will I be able to stake on the wallet (assuming there will be an upgrade if this passes)? Is there a minimum amount of coin required to be held to participate in staking?
Crown Consensus Mechanism Change
Dear Crown Community,
The Crown Core Team is delighted to announce that after pertinent research and availability of adequate resources, the Crown Platform is ready to go one step further towards implementing a unique consensus mechanism that has been referred to as The Third Way.
The Crown project has always had an innovative vision, which is one of the main reasons it decided to implement merge mining with Bitcoin through the SHA256D algorithm. Arguments for merge-mining were mainly ecological benefits and network security. While miners do not need any additional infrastructure to mine Crown, this has secured the network with up to 10–12% of the total hash rate of Bitcoin, the first and largest peer to peer blockchain network in the world.
Times have changed and so has the situation we are in. Mining has become the principal centralization vector of cryptocurrencies, with an industry that only allows big corporations to have a significant hashing power and mine blocks.
As a merge-mined Coin, Crown has also been affected by this. Crown is currently mined by a few very powerful mining pools, which has led to a massive centralization of 36% of every block reward into a few hands. Network stability is similarly affected when one of these big miners drops out or has network connectivity issues.
The Crown project no longer wants to be dependent on a few large mining corporations and thus has been working hard to make a new solution viable. We are now looking to present and publish this solution for discussion and voting to the Crown community:
Implementation of The Third Way — a unique masternode/servicenode based Proof of Stake consensus system — into the Crown Project.
- Moving to a Masternode / Systemnode based PoS system is a step towards the unique consensus mechanism that Crown is developing.
- The suggested consensus mechanism eliminates Proof of Work and makes transactions instantly verified by a distributed network of Masternodes and Systemnodes.
- Masternodes and Systemnodes will be able to vote and participate in the network.
- Masternodes and Systemnodes carry out all of the relevant tasks for validation of transactions and propagation/security of the network.
- The implementation will be carried out hand in hand by an external and trusted team of developers with a proven track record of migrating projects to PoS, together with internal Crown developers.
- The Crown Developers will survey the changes and analyse every line of code, making sure the integrity of the blockchain is kept while acknowledging the process for further development.
A consensus change is something comparable to the modification of the constitution of a country. Crown is a community driven blockchain project and thus is committed to asking the members of this community if you are ready and agree to move in this direction.
For this reason, the Crown Core Team has submitted a proposal that the community can now vote on.
YES: mnbudget vote-many a26efe84713df144888f284a9f40a474925af8c86634d79be37fb1e4b2b0ec7d yes
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Crown Consensus Mechanism Change
Dear Crown Community,
The Crown Core Team is delighted to announce that after pertinent research and availability of adequate resources, the Crown Platform is ready to go one step further towards implementing a unique consensus mechanism that has been referred to as The Third Way.
The Crown project has always had an innovative vision, which is one of the main reasons it decided to implement merge mining with Bitcoin through the SHA256D algorithm. Arguments for merge-mining were mainly ecological benefits and network security. While miners do not need any additional infrastructure to mine Crown, this has secured the network with up to 10–12% of the total hash rate of Bitcoin, the first and largest peer to peer blockchain network in the world.
Times have changed and so has the situation we are in. Mining has become the principal centralization vector of cryptocurrencies, with an industry that only allows big corporations to have a significant hashing power and mine blocks.
As a merge-mined Coin, Crown has also been affected by this. Crown is currently mined by a few very powerful mining pools, which has led to a massive centralization of 36% of every block reward into a few hands. Network stability is similarly affected when one of these big miners drops out or has network connectivity issues.
The Crown project no longer wants to be dependent on a few large mining corporations and thus has been working hard to make a new solution viable. We are now looking to present and publish this solution for discussion and voting to the Crown community:
Implementation of The Third Way — a unique masternode/servicenode based Proof of Stake consensus system — into the Crown Project.
- Moving to a Masternode / Systemnode based PoS system is a step towards the unique consensus mechanism that Crown is developing.
- The suggested consensus mechanism eliminates Proof of Work and makes transactions instantly verified by a distributed network of Masternodes and Systemnodes.
- Masternodes and Systemnodes will be able to vote and participate in the network.
- Masternodes and Systemnodes carry out all of the relevant tasks for validation of transactions and propagation/security of the network.
- The implementation will be carried out hand in hand by an external and trusted team of developers with a proven track record of migrating projects to PoS, together with internal Crown developers.
- The Crown Developers will survey the changes and analyse every line of code, making sure the integrity of the blockchain is kept while acknowledging the process for further development.
A consensus change is something comparable to the modification of the constitution of a country. Crown is a community driven blockchain project and thus is committed to asking the members of this community if you are ready and agree to move in this direction.
For this reason, the Crown Core Team has submitted a proposal that the community can now vote on.
YES: mnbudget vote-many a26efe84713df144888f284a9f40a474925af8c86634d79be37fb1e4b2b0ec7d yes
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Could someone tell me what turned out of the campaign we had some months ago to be listed in a big exchange?
The raised funds have been untouched except for paying 1BTC to get listed on cryptobridge. Top Exchanges are asking for unreal sums ranging from hundreds of thousands USD to millions USD in some specific cases. On the other hand, it is hard to asses if listing in smaller exchanges and paying tens of thousands USD for this makes sense, since some of them are faking volume and its very difficult to select a sensible solution. The team is currently in touch with several exchanges as discussions are going on constantly. Worst thing is to throw this money into a solution which will have no benefit so it has to be assessed carefully. |
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stabycroc big dumb ape
crw next massive moon
dev dev big thing
ccex bad trade site
Look who is still sitting on the Trhone  |
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Maybe we need to vote on mn's for updates to ccex and next time you want an update on that exchange to the client we just vote and pass the buck?hmm. Havnt given four/ five yrs crypto for this shiot. Like the last update I contacted yuri directly for this team meanwhile .. again cough cough. Plz dont upset staby he's given crypto teams a lot when trying to get established .
We have contacted C CEX at the same time as other exchanges as Bittrex, bittrex updated right away. Instead of complaining and threatening you should help and contact c cex to update. Also you got a bounty last time didnt you? Chill out dude |
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The new Crown promotional video has just been released! Go share it with your friends, family, co-workers, dogs, neighbours and the neighbours’ dogs! Special thanks to Olya (@riseandshine) for creating this masterpiece.https://youtu.be/Kffc1l1a73c I love the video, great job! |
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The brand new CRW website was just released. Awesome community work behind, looks great! Explore it here: http://www.crown.tech  Looks really sexy! Great to see an evolution of the Crown Platform into a mature blockchain project driven by the community! |
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The trezor integration into Crown is now very very close!
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for our UK community, please join us during the next three days in Coinfest Manchester http://coinfestuk.org/CF2018/Looking forward to meet you, 4 Crown core members will be attending! |
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It looks great with interesting ideas behind the project. Please update more details as soon as possible, dev. I need more information before deciding investing in the project.
hey man thanks for your interest, best thing is to follow our twitter https://twitter.com/CrownPlatform/ If you really want to stay up to date, our community hangs out here mm.crownlab.eu pay us a visit |
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you guys are doing an awesome job, keep it up! |
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hey ladies and gents, can everyone who wants to help Crown just take 2 minutes and set up a twitter account and retweet! it will take you 20 seconds a day and the effect can be very big for all of us. we need 100 retweets of every tweet, not only 20  |
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THE CROWN MEETING IS TOMORROW Free walk-in tomorrow morning (Saturday March 3rd) from 9-10 am at the Standard Hotel, 40 Island Ave, Miami Beach.
Expect presentations, Q&A and a casual chat/networking. Drinks, snacks and lunch will be provided.
Hope to see you all there! Meeting was amazing, thanks very much for those who attended. It was great seeing you all Stay tuned for the update of the meeting to be released in the next few days! |
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These natural community projects are exactly what we need to spread the word about Crown, thanks for sharing riseandshine |
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Our main Mattermost channel is down, working on the fix!
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The first Crown community meeting in the United States is closing by, looking forward to it! More information here: https://crown.tech/meeting |
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