g2com (OP)
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April 29, 2017, 07:55:39 AM Last edit: May 07, 2017, 05:22:01 PM by g2com |
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Hi, I'm Sky Guo. Today I'm honored to pre-announce our project, Crysto. Crysto is a scalable, permissionless blockchain infrastructure, which adopts a hybrid consensus of proof-of-work and Byzantine fault tolerance. Its goal is to retain Bitcoin's open membership (permissionless) and bring transaction processing speed to thousands per second. The proof-of-work process, also called mining, elects a new group of leader nodes every few minutes, and the leader nodes validate incoming transactions through voting. Transactions are validated instantly after a majority of leader nodes approve them. Our team is comprised of talents who attended world's leading universities and worked at top-rated multinational companies such as Microsoft, Amazon and Tencent. We have profound knowledge and experience in blockchain infrastructure, including Golang, network engineering, database system and cryptography. Welcome to leave your thoughts below. Your feedback is valuable to us. Highlights:
- Proof-of-work leader election
- Byzantine fault tolerance for instant transaction validation
- Instant transaction verification and dynamic block size
- Dynamic membership allowing nodes to freely join or exit
- UTXO model for better privacy protection and scalability
- Decoupling transaction processing from mining
- Low transaction fees
Website: http://crysto.ioWhitepaper (draft): http://crysto.io/wp-content/uploads/2017/03/crysto_whitepaper.pdfTeam: http://crysto.io/index.php/team/Blog: http://crysto.io/index.php/blog/
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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kamiyama
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April 29, 2017, 08:06:04 AM |
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Sky Guo Solomon Zhang Christian Mate Yifu Ren Anker Chen Fanghua Qiao Mike Eekhof Sim Xing Emin Gun Sirer Jeremy Gardner
Who are you?
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xfunk
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April 29, 2017, 08:19:59 AM |
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Want more details. Roadmap, Distribution, etc.
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miramare
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April 29, 2017, 08:41:07 AM |
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Sky Guo Solomon Zhang Christian Mate Yifu Ren Anker Chen Fanghua Qiao Mike Eekhof Sim Xing Emin Gun Sirer Jeremy Gardner
Who are you?
Some freshman, even without getting their degrees. However, it's possible that these young men can be very creative. I will keep my eyes on this project.
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g2com (OP)
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April 29, 2017, 08:56:07 AM Last edit: April 29, 2017, 09:10:07 AM by g2com |
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Sky Guo Solomon Zhang Christian Mate Yifu Ren Anker Chen Fanghua Qiao Mike Eekhof Sim Xing Emin Gun Sirer Jeremy Gardner
Who are you?
Some freshman, even without getting their degrees. However, it's possible that these young men can be very creative. I will keep my eyes on this project. Please post responsibly. None of us is freshman and many had received master or PhD
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miramare
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April 29, 2017, 10:10:34 AM |
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Sky Guo Solomon Zhang Christian Mate Yifu Ren Anker Chen Fanghua Qiao Mike Eekhof Sim Xing Emin Gun Sirer Jeremy Gardner
Who are you?
Some freshman, even without getting their degrees. However, it's possible that these young men can be very creative. I will keep my eyes on this project. Please post responsibly. None of us is freshman and many had received master or PhD Sorry for that if I express any offense to you. But I told a truth, at least some of you are still students. even PdD candidates are still students, right? I also said that you guy CAN be very creative. Everything is possible. Bill Gate never had his degree. Neither Zuckerberg.
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Whitey92d15b7
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April 29, 2017, 10:16:27 AM |
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What a shame your websites do not work.
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GolumDeMort
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April 29, 2017, 10:18:22 AM |
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Hello. Let me reserve the translation of the Russian thread.
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BorisTheBulletDodger
Member
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Activity: 192
Merit: 19
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April 29, 2017, 10:34:41 AM |
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I Dodge Bullets
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johnnysof
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April 29, 2017, 10:50:17 AM |
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Give some more details please: coin specs, roadmap, team members.
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mihaisav
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April 29, 2017, 11:41:58 AM Last edit: April 29, 2017, 12:40:36 PM by mihaisav |
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Azeroth
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johnnysof
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April 29, 2017, 12:12:32 PM |
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Thanks, good team! What about the first two points?
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kamiyama
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April 29, 2017, 12:21:59 PM |
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@johnnysof I do not know the answer wait for reply by g2com
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jason943
Member
Offline
Activity: 84
Merit: 10
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April 29, 2017, 12:50:07 PM |
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yes, the dev team should change the name of this coin
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g2com (OP)
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April 29, 2017, 02:47:00 PM |
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yes, the dev team should change the name of this coin
Thanks for the suggestion. A lot of names have been taken so we just call it "X", which means the name is unknown yet We will change it to something different later.
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g2com (OP)
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April 29, 2017, 02:48:46 PM |
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Thanks, good team! What about the first two points? Thanks for the interest. This is a Pre-Ann thread. We will update with more details soon!
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denking
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Activity: 88
Merit: 10
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April 29, 2017, 02:51:31 PM |
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Iconomi Holder !
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g2com (OP)
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April 29, 2017, 02:59:54 PM |
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Sky Guo Solomon Zhang Christian Mate Yifu Ren Anker Chen Fanghua Qiao Mike Eekhof Sim Xing Emin Gun Sirer Jeremy Gardner
Who are you?
Some freshman, even without getting their degrees. However, it's possible that these young men can be very creative. I will keep my eyes on this project. Please post responsibly. None of us is freshman and many had received master or PhD Sorry for that if I express any offense to you. But I told a truth, at least some of you are still students. even PdD candidates are still students, right? I also said that you guy CAN be very creative. Everything is possible. Bill Gate never had his degree. Neither Zuckerberg. Yes I got the point and thanks for your interest. The PhD candidate will get his degree in May. Also, our advisors are some of the top names in the cryptocurrency landscape. Rest assured that our best efforts will be put forth into this project.
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mihaisav
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April 29, 2017, 04:52:28 PM Last edit: April 30, 2017, 01:43:25 AM by mihaisav |
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scam...today Crysto...tomorow xcoin?
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Azeroth
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sonic212
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April 29, 2017, 05:22:34 PM |
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Sky Guo Solomon Zhang Christian Mate Yifu Ren Anker Chen Fanghua Qiao Mike Eekhof Sim Xing Emin Gun Sirer Jeremy Gardner
Who are you?
Some freshman, even without getting their degrees. However, it's possible that these young men can be very creative. I will keep my eyes on this project. It seems like a good idea from you, if you monitor it better and see its progress to provide very clear details about the project they want, hopefully not as bad as I think for this.
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g2com (OP)
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April 29, 2017, 09:45:27 PM |
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We've adopted new name Crysto for our project sorry for any confusion caused by the old name
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tiger5056
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April 29, 2017, 10:12:20 PM |
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reserved translation in Hindi (India) .
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RAGEmond
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April 29, 2017, 10:21:04 PM |
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hi, I'd recommend any new projects to set up a good page first before making anykind of ANN .. first impression counts and I don't know if there are a lot of people out there thinking like me but if logo / infographics and website suck it looses my interess.
also get wordpress buy 30$ design or even a free one and you can make a decent parallax scrolling page
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eye4bd
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April 30, 2017, 12:45:47 AM |
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Sky Guo Solomon Zhang Christian Mate Yifu Ren Anker Chen Fanghua Qiao Mike Eekhof Sim Xing Emin Gun Sirer Jeremy Gardner
Who are you?
Some freshman, even without getting their degrees. However, it's possible that these young men can be very creative. I will keep my eyes on this project. Please post responsibly. None of us is freshman and many had received master or PhD Sorry for that if I express any offense to you. But I told a truth, at least some of you are still students. even PdD candidates are still students, right? I also said that you guy CAN be very creative. Everything is possible. Bill Gate never had his degree. Neither Zuckerberg. Yes I got the point and thanks for your interest. The PhD candidate will get his degree in May. Also, our advisors are some of the top names in the cryptocurrency landscape. Rest assured that our best efforts will be put forth into this project. Hi Yes! At least one of your advisor are well known in cryptocurrency space. Personally I'm a follower of Emin Gun Sirer [The Professor]. Like him as well! Anyway, I can see it's a pre-ann. So more details will come in future. But before going public some issue always deserve to be taken care! You can easily spends some time to figure out how things are works here? After seeing your biography, I'm start to feeling little a bit cautiousness. But my best wishes for you guys! Thanks!
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g2com (OP)
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April 30, 2017, 01:07:52 AM Last edit: April 30, 2017, 03:00:35 AM by g2com |
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Sky Guo Solomon Zhang Christian Mate Yifu Ren Anker Chen Fanghua Qiao Mike Eekhof Sim Xing Emin Gun Sirer Jeremy Gardner
Who are you?
Some freshman, even without getting their degrees. However, it's possible that these young men can be very creative. I will keep my eyes on this project. Please post responsibly. None of us is freshman and many had received master or PhD Sorry for that if I express any offense to you. But I told a truth, at least some of you are still students. even PdD candidates are still students, right? I also said that you guy CAN be very creative. Everything is possible. Bill Gate never had his degree. Neither Zuckerberg. Yes I got the point and thanks for your interest. The PhD candidate will get his degree in May. Also, our advisors are some of the top names in the cryptocurrency landscape. Rest assured that our best efforts will be put forth into this project. Hi Yes! At least one of your advisor are well known in cryptocurrency space. Personally I'm a follower of Emin Gun Sirer [The Professor]. Like him as well! Anyway, I can see it's a pre-ann. So more details will come in future. But before going public some issue always deserve to be taken care! You can easily spends some time to figure out how things are works here? After seeing your biography, I'm start to feeling little a bit cautiousness. But my best wishes for you guys! Thanks! Thanks for the comments. Emin is definitely one of the top contributors of the blockchain world. He helped review our whitepaper and Crysto is inspired by his proposal, Bitcoin-NG. We will continue to gain his advice throughout the project development. As far as you're concerned, I recommend you evaluate us as a team instead of individual members.
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g2com (OP)
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April 30, 2017, 05:56:53 AM |
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hi, I'd recommend any new projects to set up a good page first before making anykind of ANN .. first impression counts and I don't know if there are a lot of people out there thinking like me but if logo / infographics and website suck it looses my interess.
also get wordpress buy 30$ design or even a free one and you can make a decent parallax scrolling page
Our designer is working on the new looking of the website. We will launch it when we get close to ANN
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adhitthana
Legendary
Offline
Activity: 1190
Merit: 1000
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April 30, 2017, 06:28:43 AM |
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I am continually amazed by the creative ideas I see to improve blockchains.
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Starkz
Member
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Activity: 91
Merit: 10
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April 30, 2017, 06:34:40 AM |
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Might want to change the mention of Xcoin name in the FAQ page too
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frankkkkkkk
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April 30, 2017, 06:56:47 AM |
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I found some Chinese in it ,interesting...
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g2com (OP)
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April 30, 2017, 07:01:19 AM |
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Might want to change the mention of Xcoin name in the FAQ page too
Thanks for pointing it out. Just made the correction.
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amy1284455127
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April 30, 2017, 07:34:06 AM |
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I know Tencent is a nice company!
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Tera's real blockchain is simple and easy to use! terafoundation.org
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myhoho
Legendary
Offline
Activity: 1162
Merit: 1008
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April 30, 2017, 09:41:01 AM |
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This one worth watching )
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miramare
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April 30, 2017, 09:48:40 AM |
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I know Tencent is a nice company! Tencent is a large company, but far being a GREAT one.
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Loepuenkyou
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April 30, 2017, 09:54:45 AM |
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you team dev xcoin sir because op never write domain xcoinplatform, only use domain crysto but you explain and answer use domain xcoinplatform
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g2com (OP)
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April 30, 2017, 04:26:49 PM |
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you team dev xcoin sir because op never write domain xcoinplatform, only use domain crysto but you explain and answer use domain xcoinplatform Because it turned out that there is already another project called Xcoin, so we changed the project name into Crysto, pronounced crystal.
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GolumDeMort
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May 04, 2017, 12:26:42 AM |
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hi, I'd recommend any new projects to set up a good page first before making anykind of ANN .. first impression counts and I don't know if there are a lot of people out there thinking like me but if logo / infographics and website suck it looses my interess.
also get wordpress buy 30$ design or even a free one and you can make a decent parallax scrolling page
Our designer is working on the new looking of the website. We will launch it when we get close to ANN Hello! I can start translating into Russian a website or white paper?
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electronicash
Legendary
Offline
Activity: 3080
Merit: 1049
Eloncoin.org - Mars, here we come!
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May 04, 2017, 12:39:40 AM |
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poorly planned scam, be warned for all these new coins. OP already named his coin XCOIN when there is already a coin existing with such name which means this is poorly planned in a hurry to scam. if a team is seriously wanting to develop a token, they will have to consider its name but this one sucks.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | .
| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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g2com (OP)
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May 04, 2017, 01:13:09 AM Last edit: May 04, 2017, 01:56:58 AM by g2com |
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poorly planned scam, be warned for all these new coins. OP already named his coin XCOIN when there is already a coin existing with such name which means this is poorly planned in a hurry to scam. if a team is seriously wanting to develop a token, they will have to consider its name but this one sucks.
We understand why you were concerned. Dash was called Xcoin as well when it was first released and underwent several name changes. We didn't realize Xcoin was already taken until other members notified us. This is a Pre-Ann thread after all.
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Bitnet88
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May 04, 2017, 02:08:13 AM |
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Any time lines and time projections?
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g2com (OP)
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May 04, 2017, 05:56:02 AM |
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Any time lines and time projections?
Will update soon
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g2com (OP)
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May 11, 2017, 07:24:53 PM |
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The token issuance rate has been pre-decided. In the first year, total 100,000,000 Crystos can be mined, then the production rate halves every following year, until it reaches 1,000,000, from then on the annual supply shall become steady 1,000,000
Breakdown:
1st year 100,000,000 2nd year 50,000,000 3rd year 25,000,000 4th year 12,500,000 5th year 6,250,000 6th year 3,125,000 7th year 1,562,500 8th year and henceforth 1,000,000
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