GRAFT - Universal Payment Processing Network

[Atomicc]

Most of the Cryptonight coins will follow the algo change as Monero, IPBC, etc... Monero hold a 900MHs network. Can You imagine what will happen to small coins what will not change the algo? So, I believe that almost all cryptonight coins will make antiASIC steps.

You make an excellent point.  I just hope they are proactive like Monero instead of waiting to see what happens.  Graft has really grown on me over the last month and I would hate to see an asic invasion here.

Coin owners (developers) try to achieve the highest possible price for their coin. If Electroneum like Monero, change the algo, There will be very small daily trade volume on all other Cryptonight coins. So, it will be much more coins to sell, then buyers need. Open market, and we will have a big price drop.
Graft developers, want the best for their project for sure, and I believe that they will follow trend of antiASIC algo change, and protect the Graft value.

We appreciate everyone's opinion on this issue. The GRAFT dev team is actively researching and discussing this topic. We will make an announcement once we make a decision.  

Thank You very much for an answer and participation in this topic. I highly appreciate your efforts, and hope that You will follow the big ones (Monero), and protect value of Yours (and ours) Grafts.

[1715084547]

1715084547

[1715084547]

1715084547

[1715084547]

1715084547

[sereupin]

Dev team, I am mining and holding your coin because I believe in your project.

If you wont protect this coin as it is necessary (fast and earlier that ASICs will start mining) simply I and many other people will leave this coin and the price will drop for sure. ASIC will destroy this coin, so please, be clear and fast to defend GRAFT.

thank you.

[bitcoin.dbi]

the price will drop for sure.

I cant say that right now price is stable and good. 5 times less then it was on ICO.

[m5]

Coin owners (developers) try to achieve the highest possible price for their coin. If Electroneum like Monero, change the algo, There will be very small daily trade volume on all other Cryptonight coins. So, it will be much more coins to sell, then buyers need. Open market, and we will have a big price drop.
Graft developers, want the best for their project for sure, and I believe that they will follow trend of antiASIC algo change, and protect the Graft value.

The number of coins mined per day does not depend on the network hashrate. Introduction of ASICs will just cause those daily-mined coins to be in hands of few people instead of many people like now.

[qqqua]

Coin owners (developers) try to achieve the highest possible price for their coin. If Electroneum like Monero, change the algo, There will be very small daily trade volume on all other Cryptonight coins. So, it will be much more coins to sell, then buyers need. Open market, and we will have a big price drop.
Graft developers, want the best for their project for sure, and I believe that they will follow trend of antiASIC algo change, and protect the Graft value.

The number of coins mined per day does not depend on the network hashrate. Introduction of ASICs will just cause those daily-mined coins to be in hands of few people instead of many people like now.

asic miners dump all they mine as soon as possible and ruin coins

[Atomicc]

Coin owners (developers) try to achieve the highest possible price for their coin. If Electroneum like Monero, change the algo, There will be very small daily trade volume on all other Cryptonight coins. So, it will be much more coins to sell, then buyers need. Open market, and we will have a big price drop.
Graft developers, want the best for their project for sure, and I believe that they will follow trend of antiASIC algo change, and protect the Graft value.

The number of coins mined per day does not depend on the network hashrate. Introduction of ASICs will just cause those daily-mined coins to be in hands of few people instead of many people like now.

asic miners dump all they mine as soon as possible and ruin coins

When the main player in Cryptonight algo (Monero, followed by another coins) switch to antiASIC fork the new ASIC owners has to choose some small coins to mine.
All other cryptonight altcoins  are very small, mining difficulty will skyrocket, and the mining will be unprofitable even for new ASIC owners.

[trza2k]

Also there can be no instant payments because block time is 120 seconds.

At least read the whitepaper before making comments. It clearly explains how instant payments will be achieved.

[qqqua]

Coin owners (developers) try to achieve the highest possible price for their coin. If Electroneum like Monero, change the algo, There will be very small daily trade volume on all other Cryptonight coins. So, it will be much more coins to sell, then buyers need. Open market, and we will have a big price drop.
Graft developers, want the best for their project for sure, and I believe that they will follow trend of antiASIC algo change, and protect the Graft value.

The number of coins mined per day does not depend on the network hashrate. Introduction of ASICs will just cause those daily-mined coins to be in hands of few people instead of many people like now.

asic miners dump all they mine as soon as possible and ruin coins

When the main player in Cryptonight algo (Monero, followed by another coins) switch to antiASIC fork the new ASIC owners has to choose some small coins to mine.
All other cryptonight altcoins  are very small, mining difficulty will skyrocket, and the mining will be unprofitable even for new ASIC owners.

Coins that won't update pow will die and cryptonight asics will die with them, this is why they are selling them now.

[trza2k]

Coins that won't update pow will die and cryptonight asics will die with them, this is why they are selling them now.

Seems like people are a little nervous about the price going down even further, which it will when you can mine 20KH/s@60watts on these new ASIC miners. But why would graft die when they are ICO funded? Even if they take a little while to make changes to stop ASIC's its just cheaper graft for all . Once the team sorts out some decent exchanges, has marketing with a working product everything will work itself out.

[Atomicc]

Coins that won't update pow will die and cryptonight asics will die with them, this is why they are selling them now.

Seems like people are a little nervous about the price going down even further, which it will when you can mine 20KH/s@60watts on these new ASIC miners. But why would graft die when they are ICO funded? Even if they take a little while to make changes to stop ASIC's its just cheaper graft for all . Once the team sorts out some decent exchanges, has marketing with a working product everything will work itself out.

Regarding the last BLOG announcement, Graft developers need every USD from ICO. Most of main features are in early Alpha phase. They have a lot of work to put this features in production. This last price correction from 500 to 400 satoshies, show what coin owners think about last announcement.
The trade price of coin is determined by lot of factors, and everyone can decide should it hold or sell his coins. Lot of Grafts are hold by supernode investors (mostly miners), some of them have over 500K coins. I they lost faith in this coin, and future of Graft mining (antiASIC fork), we will have masive inflation, with chain reaction. 

[BuHoBeH]

Does the PoS mining system work on Windows?

[teslaC]

What is the block time and block size for this coin?

[jules.verne]

What is the block time and block size for this coin?

Block time: 120 seconds
Block size varies depending on the amount of included transactions, as you can see here: http://blockexplorer.graft.network/

[narcia9]

sending coins is not working at pc and mobile wallet.
i got the error message "service cannot process request. Reason: Error transferring http://mainnet-seed.graft.network:18900/dapi - server replied: internal server error"
same as pc and mobile wallet.

How can i send another address?

thx in advance

[BroganBloodstone]

How comes they have not made easy to use CLI wallet? It seems you have to look at a guide and build a CLI wallet yourself? All other projects have a cli wallet ready you can download as far as I can see.

Maybe devs here can do this also? If not, why?

[graft-project]

GRAFT Anti-ASIC fork

GRAFT team shares the same concerns raised by Cryptonote/Cryptonight community associated with creating a special hardware (ASIC) for Cryptonight mining. We realize that enabling ASIC (Application Specific Integrated Circuit) at this point may introduce a risk to stability, decentralization, and even very existence of GRAFT blockchain. After thorough review we decided to support the anti-ASIC movement and add an ASIC-resistant code in the next fork. We will follow up with more details about the implementation and timelines soon. Thank you for your support, stay tuned!

https://www.graft.network/2018/03/14/graft-anti-asic-fork/

[Atomicc]

Congratulations! Smart deccision!!!

[samsonn25]

Nice, to stop the robbers

[davis196]

The GRFT coin price is 0,022 USD.What the hell is going on?There are too many sellers and just a few GRFT coin buyers on the market.Do you have any plan how to stabilize the GRFT price?
You could increase mining diffculty,reduce the GRFT coin reserves held by the dev team and find some partners that will adopt graft coin in their onine business.
I`m pretty sure that the coin price will go under 0,01 cent soon.

[sammy007]

Only partnership with bitmain can save this coin, refuse algo change and embrace ASICs. Bitmain will pump your shitcoin so investors will be able to sell at ICO price and return their money.