[ANN] Krypton, KR - BaaS Corp & Open Source, Public Blockchain for Business/IoT

[RagingBull]

Is there a roadmap or just a simple plan for this coin? Up till now it looks like another ETH clone with all the development happening there, not here.
P.S. Wanted to buy some, but not a lot of info for the future development.

There is nothing happening there, Ethereum development funds are long gone and any new developments are done mostly by independent developers.
But that's besides the point, Ethereum the coin by itself offers nothing different from what any other coin offers, in fact in it's current state it's
much less secure and much less dependable. However, what is being built around the coin that counts, and that is in short the ability to run DAO's, DAC's , and Dapps.

What the Ethereum devs / independent devs are doing now is fixing the environment that these triple D's will run on, making it more secure and dependable.
If somebody told you there is a road map for an Ethereum fork then they simply do not know what they are talking about, or they are simply forecasting the future.
They can have plans, simple or complicated, but for those plans to work Ethereum needs to go through a lot of work still, and when the time comes we
can proceed with our plans whether they are simple or complicated. We will be a little ahead of the rest because we would know the ins and outs of
how these things work. But for the time being, every one is taking baby steps forward. You simply can not walk before you learn how to crawl.

I am not trying to beat down on Ethereum it's a great project with a great future, and it does not fall under the terms " Give me news and I will buy "
If you do not understand the concept, and do not see the vision, you are missing it entirely. When the backbone is good we will walk, and maybe run.

What does the next Ethereum release offer? or even the one after that?
The back-end of this project is being refined to do what it's supposed to do, and handle what it's supposed to handle.

I will spend some time this week to write down a good explanation of  DAO's, DAC's, and Dapps.
These terms have not yet been fully defined, but they are the very soul of any Ethereum based project.  

[RagingBull]

I do not understand 1 thing. If any coin looses its price floor everybody start dumping and price goes down again. Panic sell is cancer.

You can thank past scams for that and the volatility crypto carries. People are always scared of losing most of their investment.

There is only 1440 KR coins mined per day, compared to other Ether coins this is very minor and will not cause major dumping.
We are not on any major exchanges yet, so it's too early to judge which way it will go. Krypton does not have
Devs with millions of coins set aside for future dumping, there is no developer fund, no early investor percent (AKA angel investors),
no coins held in a DAO etc..etc.., and when you see the final CFC sheet today you will also know beyond any doubt there is no fake BTC buys.

but why we only can mine tiny amount of coin per day ? Due to low net hash rate ?

When we decided the amount per block we took into consideration the total coin supply that will be in existence after the end of swap/CFC
Today we know that is 2.669 Million coins. Compared to other Ether coins, Ethereum started with 80 million coins at 20 coins per minute,
Expanse started with 11 million coins at 8 coins per minute, and Krypton started with 2.669 Million coins at 1 coin per minute.
The inflation rate to coin supply makes more sense now. Had we made the block any higher, CFC/Swap participants would have been cheated.
We hope this will reflect on future price and miners will be happy as well. We do not have TH's of farms mining so profitability should be the same if
not more.

[malekbaba]

how do i solo mine the coin ?
i have followed the op but whenever i try to start .bat it says unable to connect to ipc

[m4nki]

I will spend some time this week to write down a good explanation of  DAO's, DAC's, and Dapps.
These terms have not yet been fully defined, but they are the very soul of any Ethereum based project.  

Interesting - looking forward to it!

[RagingBull]

how do i solo mine the coin ?
i have followed the op but whenever i try to start .bat it says unable to connect to ipc

when solo mining with ETHminer, you need to start GKR with this batch file:

 (Start_GKR_RPC.bat)

Code:

@echo off
color 0A
"gkr.exe" --rpc --maxpeers 100 console 2>kr.log

and the miner with this batch file:

 (Start_mining.bat)

Code:

@echo off
color 0A
"ethminer.exe" -G -F http://127.0.0.1:8888

[malekbaba]

thanks it is working

[covertress]

Results of Krypton CFC

https://docs.google.com/spreadsheets/d/146sgrMqMlGRwfDPG_txYoyi3E0ESaqoF3EEZlQ1Tka0/edit#gid=0

[Coinmin]

How many characters can contain the password for the wallet?

[shkbits]

Hey RagingBull,

Whatever Gaia was collected for the swap was burnt. Now from the spreadsheet, I see that only around BTC3.946 was raised from the ICO. My doubt is that, how are we going to compete with biggies like Eth (raised>BTC30k) and Lisk (around BTC15k), with such a tiny development fund.

I suggest you, not to burn the remaining KR and hold it for raising further fund. Why don't we ask the community for an opinion?

[techbytes]

Hey RagingBull,

Whatever Gaia was collected for the swap was burnt. Now from the spreadsheet, I see that only around BTC3.946 was raised from the ICO. My doubt is that, how are we going to compete with biggies like Eth (raised>BTC30k) and Lisk (around BTC15k), with such a tiny development fund.

I suggest you, not to burn the remaining KR and hold it for raising further fund. Why don't we ask the community for an opinion?

If the people invested know the team to be holding over 5 millions KR before the ICO/swap, a lot of them would not have bought in.  So to keep the KR now instead of burning it is not the right thing to do.  But you are right, the people who invested need to speak out.


-tb-

[covertress]

I suggest you, not to burn the remaining KR and hold it for raising further fund. Why don't we ask the community for an opinion?

The total number of $KR remaining after the CFC is ~ 2.669 million, including ongoing mining.

Krypton has used this figure to complete applications to major exchanges.

Let the $KR burn party begin!

[shkbits]

If the people invested know the team to be holding over 5 millions KR before the ICO/swap, a lot of them would not have bought in.  So to keep the KR now instead of burning it is not the right thing to do.  But you are right, the people who invested need to speak out.


-tb-

Hmm, that's also true. And also, there are so many coins, which had started without any ICO funds, went on to become huge success only by the dedication of the developer .

So let the burn party begin

[edmundduke]

Is YoBit still broken ? It doesnt let me withdraw my coins

[crazyearner]

QT works fine blockchain downloaded fine solo mining still broke why not just make wallet with .conf file so that can map ports self would make things lot simple to solo on as tried changing ports and also using default ports and broke unable to connect.

when solo mining with ETHminer, you need to start GKR with this batch file:

 (Start_GKR_RPC.bat)

Code:

@echo off
color 0A
"gkr.exe" --rpc --maxpeers 100 console 2>kr.log

and the miner with this batch file:

 (Start_mining.bat)

Code:

@echo off
color 0A
"ethminer.exe" -G -F http://127.0.0.1:8888

I have tried that with the gkr.exe bat it does not work it opens then closes and says in log invalid format. I will try again with this info, however it is the exct same as going though this thread to create .bat file and launch.

Edited.

Seems created and started fresh working fine now also ajusted a few settings on it seems running smooth now. Thx for the info looks like missed a few things on it compared to original conf

[copychicken]

Is it 2.700.000 coins? or 2700 millions? i got confused.

[mybitcoin101]

is the wallet going to be changed so non computer geeks like me can download the client without having to do extra steps?

I currently still don't have my wallet.

thanks

[RagingBull]

Is it 2.700.000 coins? or 2700 millions? i got confused.

2 million and 669k

[RagingBull]

is the wallet going to be changed so non computer geeks like me can download the client without having to do extra steps?

I currently still don't have my wallet.

thanks

The process is more simplified than installing Ethereum, we will see what we can do on next release.

[malekbaba]

Is it 2.700.000 coins? or 2700 millions? i got confused.

May be it is 2.7 mil

[copychicken]

Ok. Good, the supply is low then... so my 1000ish coins will eventually worth something.