[ANN][OLD thread] Criptoreal - A Brazilian Coin [Ignore]

[P86M]

Masternode Collateral?

[1715433667]

1715433667

[neemaj]

Which exchange CRS being traded? it was on hitbtc but cant find it now?

I don't think that CRS is currently traded anywhere. The Roadmap on Criptoreal website clearly mentions that exchanges are planned in the beginning of April. Let me know if I missed something.

[genthefirst]

BSOD.PW supports CRIPTOREAL
Welcome to the world of lucky mining!
http://bsod.pw

Code:

-a lyra2v2 -o stratum+tcp://pool.bsod.pw:2136 -u YOURWALLETADDRESS.rigname -p x -R 5

NiceHash port: 12136

More than 13 000 lucky miners knows why it is worthy to mine with bsod.pw
Be wise. Be profitable.
Your bsod.pw team.

[sirjasnlee]

Is there a reward for setting up a faucet?

Bounties will be posted this week.

 Is there a link to the faucet? Or were the payments posted made for the setup? Thanks!

[Criptoreal]

Important Announcement


The Criptoreal Genesis block was "born" on January 1st, less than a month ago,
but the developers couldn't imagine that we would receive such support from the Brazilian and international community.

Our transparency and direct contact with the community has been proven very important for the project.


Since the beginning, our main focus has been the adoption of a cryptocurrency in Brazil and Latin America.


In the last couple of weeks, we spoke to, literally, hundreds of people interested in the
growth of Criptoreal, we've heard many excellent ideas. From those ideas, we've decided to
implement the following changes to our project and roadmap:


1) New Algorithm

2) Masternodes

3) Instasend

4) Privatesend

6) Marketing

7) Whitepaper, Website and User Manuals

In order to accomplish the technical changes, we've decided to create a new blockchain instead
of a hard fork, now is a good time since adoption is still in the beginning.

Who has CRS right now needs to pay close attention, because we are going to do a swap* 1:1,
that means that for each CRS that you own right now, you'll get 1 coin of the new chain.

Let's go to the details:



1) New Algorithm


Initially we chose Lyra2REV2 because of its Brazilian origin and being ASIC resistant,
theoretically, that would favor Criptoreal's decentralization of ownership.

However, we didn't foresee the influence that Nicehash has nowadays on new coins and the
issue with centralization that it brings.

Because of that, we decided to start the new chain with a different algo, Lyra2z, also of brazilian origin.

Lyra2z is a new algo, developped by the Zcoin team, also ASIC resistant and until now it can't be mined
on nicehash, favouring small miners who can even mine it with CPU.

Also, Lyra2z is environmentally friendlier, since it doesn't use so much processing power, GPUs are colder,
making them last longer and spend less energy.



2) Masternodes


The new chain is Masternode compatible, masternodes among other uses are responsible for
the instasend feature, disconsidering block time in specific cases.

A great advantage of Masternodes is that the feature helps people hold the coin
instead of selling them immediately.

Generally speaking, serious projects with Masternodes, tend to see their coins
grow in value on exchanges.


The Masternode collateral will be CRS 50.000 and owners will split block
rewards 50/50 with miners.

More details about Masternodes will be published soon in an exclusive announcement.


3) Instasend


As mentioned above, Masternode implementation also allows the CRS to adopt instasend,
a very important feature for the adoption of CRS in retail commerce.


4) Privatesend

With technology's advancements, is getting easier to track transactions on a public blockchain,
that is great in cases such as NGOs donations, but the option of privacy is no less important.

Privatesend mixes coins within the wallet in order to obfuscate ownership.


5) Exchange

We are anticipating exchange listings, at the moment, we are talking with two different
exchanges and this week we'll post what exchange will be the first to list CRS.


Sales of CRS for the 10 first Masternodes will be only done in an exchange and we will
not sell CRS for more than 2 masternodes a week.

There will not be private auctions, hoping to avoid disadvantages and lack of transparency.

 The selling price of the coins sold by us will be always higher then the last 3 prices on the
auction to prevent accusations of dumping.

6) Marketing

We are already contacting websites like Bitcoin.com to add our official press release,
once the transition to the new chain, all these costs will be supported by the CRS team from our own funds.


Also, an ad campaign on facebook reaching 60 million people, is already been planned with
a big digital agency here and it will be executed in February.


7) Whitepaper, Website and User Manuals

We are finishing the new version of our whitepaper, it will be published soon and
translations to English, Spanish and Russian have already been reserved.

The new website will be published this week, already translated and new details about the project.

Also, we are in the process of releasing user manuals for those users with less knowledge
about the characteristics of a wallet.

 


===

*Swap:

The new blockchain will have approximately the same amount of coins as the current chain,
whoever has 1CRS will have to swap it for the the new coin.
 Similar to Ethereum and Eethereum Classic fork, current CRS will be renamed to CRSC on the next release of the wallet.

 Swap will start on February 1st at 00:00 GMT and will be active for 15 days.

Once the swap is finished, all CRSC will be publically burned and the old blockchain will be deactivated.


=====

We are deeply greatful for your understanding and support!

If you have any doubts, please contact us on our Facebook, Telegram Groups, or Discord.

https://t.me/criptorealtalk
https://www.facebook.com/groups/415004872261714/
https://discord.gg/SUHcbyv


The bounty to translate this announcement to your language is CRS 100, if you'd like to do it,
please, translate it to your language and post it to the ANN of Criptoreal in your language in
Bitcointalk. After that, contact CriptorealDev on Telegram.

[moha83]

The Masternode collateral will be CRS 50.000 !!!

i thinks this is too much !

[bouguerra12]

The Masternode collateral will be CRS 50.000 !!!

i thinks this is too much !

yeah i think its reserved for mining farm !

[vekilos]

How many coins does one need to own to qualify as having a masternode?

[achmadsutanto]

 Swap will start on February 1st at 00:00 GMT and will be active for 15 days. [/b]

Once the swap is finished, all CRSC will be publically burned and the old blockchain will be deactivated.

Perdon me? "all CRSC will be publically burned" ?

[AntonyKorun]

Is there a more detailed description of the coin? I did not find.

[alexandrofff]

I have read about your Bounty System - and I will follow it after the LuckyToken Bounty Campaign

[KhunChan]

Important Announcement


The Criptoreal Genesis block was "born" on January 1st, less than a month ago,
but the developers couldn't imagine that we would receive such support from the Brazilian and international community.

Our transparency and direct contact with the community has been proven very important for the project.


Since the beginning, our main focus has been the adoption of a cryptocurrency in Brazil and Latin America.


In the last couple of weeks, we spoke to, literally, hundreds of people interested in the
growth of Criptoreal, we've heard many excellent ideas. From those ideas, we've decided to
implement the following changes to our project and roadmap:


1) New Algorithm

2) Masternodes

3) Instasend

4) Privatesend

6) Marketing

7) Whitepaper, Website and User Manuals

In order to accomplish the technical changes, we've decided to create a new blockchain instead
of a hard fork, now is a good time since adoption is still in the beginning.

Who has CRS right now needs to pay close attention, because we are going to do a swap* 1:1,
that means that for each CRS that you own right now, you'll get 1 coin of the new chain.

Let's go to the details:



1) New Algorithm


Initially we chose Lyra2REV2 because of its Brazilian origin and being ASIC resistant,
theoretically, that would favor Criptoreal's decentralization of ownership.

However, we didn't foresee the influence that Nicehash has nowadays on new coins and the
issue with centralization that it brings.

Because of that, we decided to start the new chain with a different algo, Lyra2z, also of brazilian origin.

Lyra2z is a new algo, developped by the Zcoin team, also ASIC resistant and until now it can't be mined
on nicehash, favouring small miners who can even mine it with CPU.

Also, Lyra2z is environmentally friendlier, since it doesn't use so much processing power, GPUs are colder,
making them last longer and spend less energy.



2) Masternodes


The new chain is Masternode compatible, masternodes among other uses are responsible for
the instasend feature, disconsidering block time in specific cases.

A great advantage of Masternodes is that the feature helps people hold the coin
instead of selling them immediately.

Generally speaking, serious projects with Masternodes, tend to see their coins
grow in value on exchanges.


The Masternode collateral will be CRS 50.000 and owners will split block
rewards 50/50 with miners.

More details about Masternodes will be published soon in an exclusive announcement.


3) Instasend


As mentioned above, Masternode implementation also allows the CRS to adopt instasend,
a very important feature for the adoption of CRS in retail commerce.


4) Privatesend

With technology's advancements, is getting easier to track transactions on a public blockchain,
that is great in cases such as NGOs donations, but the option of privacy is no less important.

Privatesend mixes coins within the wallet in order to obfuscate ownership.


5) Exchange

We are anticipating exchange listings, at the moment, we are talking with two different
exchanges and this week we'll post what exchange will be the first to list CRS.


Sales of CRS for the 10 first Masternodes will be only done in an exchange and we will
not sell CRS for more than 2 masternodes a week.

There will not be private auctions, hoping to avoid disadvantages and lack of transparency.

 The selling price of the coins sold by us will be always higher then the last 3 prices on the
auction to prevent accusations of dumping.

6) Marketing

We are already contacting websites like Bitcoin.com to add our official press release,
once the transition to the new chain, all these costs will be supported by the CRS team from our own funds.


Also, an ad campaign on facebook reaching 60 million people, is already been planned with
a big digital agency here and it will be executed in February.


7) Whitepaper, Website and User Manuals

We are finishing the new version of our whitepaper, it will be published soon and
translations to English, Spanish and Russian have already been reserved.

The new website will be published this week, already translated and new details about the project.

Also, we are in the process of releasing user manuals for those users with less knowledge
about the characteristics of a wallet.

 


===

*Swap:

The new blockchain will have approximately the same amount of coins as the current chain,
whoever has 1CRS will have to swap it for the the new coin.
 Similar to Ethereum and Eethereum Classic fork, current CRS will be renamed to CRSC on the next release of the wallet.

 Swap will start on February 1st at 00:00 GMT and will be active for 15 days.

Once the swap is finished, all CRSC will be publically burned and the old blockchain will be deactivated.


=====

We are deeply greatful for your understanding and support!

If you have any doubts, please contact us on our Facebook, Telegram Groups, or Discord.

https://t.me/criptorealtalk
https://www.facebook.com/groups/415004872261714/
https://discord.gg/SUHcbyv


The bounty to translate this announcement to your language is CRS 100, if you'd like to do it,
please, translate it to your language and post it to the ANN of Criptoreal in your language in
Bitcointalk. After that, contact CriptorealDev on Telegram.

There will be a new announcement or further discussion will be in this thread? When will it be possible to obtain more detailed information for a coin with a new algorithm?

[sirjasnlee]

1) New Algorithm

Lyra2z is a new algo, developped by the Zcoin team, also ASIC resistant and until now it can't be mined
on nicehash, favouring small miners who can even mine it with CPU.

2) Masternodes

The Masternode collateral will be CRS 50.000 and owners will split block
rewards 50/50 with miners.

50k net worth for a node but switching to a new algo in favor of small miners? Something doesn't add up here.

Dev, you also may want to look at Phobos who did the same algo change from lyra2v2 to lyra2z and coin swap, there may be some issues to learn from there.

[GHminer98761]

1) New Algorithm

Lyra2z is a new algo, developped by the Zcoin team, also ASIC resistant and until now it can't be mined
on nicehash, favouring small miners who can even mine it with CPU.

2) Masternodes

The Masternode collateral will be CRS 50.000 and owners will split block
rewards 50/50 with miners.

50k net worth for a node but switching to a new algo in favor of small miners? Something doesn't add up here.

Dev, you also may want to look at Phobos who did the same algo change from lyra2v2 to lyra2z and coin swap, there may be some issues to learn from there.

50k is nothing
This project is amazing,algo change is amazing thing for small miners !

[alykard__]

Excuse me, how to get new coins? Now I save coins in Wallet.

[DeltaX_Slayer]

Olá, amigos. Estou participando do grupo de vocês no facebook.
Por que não anunciam também na aba de altcoins do fórum em Português, afinal, é uma moeda brasileira.
Outra coisa, atualmente estou na campanha da Foxbit, porém em breve irá acabar. Recomendo uma campanha de assinatura da moeda. Eu mesmo participaria.
Abraço.

[sirjasnlee]

1) New Algorithm

Lyra2z is a new algo, developped by the Zcoin team, also ASIC resistant and until now it can't be mined
on nicehash, favouring small miners who can even mine it with CPU.

2) Masternodes

The Masternode collateral will be CRS 50.000 and owners will split block
rewards 50/50 with miners.

50k net worth for a node but switching to a new algo in favor of small miners? Something doesn't add up here.

Dev, you also may want to look at Phobos who did the same algo change from lyra2v2 to lyra2z and coin swap, there may be some issues to learn from there.

50k is nothing
This project is amazing,algo change is amazing thing for small miners !

It took me almost 2 days to mine 100 CRS  ... if nodes were 1000, even 5000, I'd be really happy, but I'm a small miner. My lyra2z hashrate is 1/3 my lyra2v2....still waiting to see how this benefits smaller miners 

[gerimaster]

Our exchange support Criptoreal!

https://icqbase.com/market/82 BTC/CRS

https://icqbase.com/market/83 LTC/CRS

enjoy:)

ASPnet Ltd. info@icqbase.com

[Criptoreal]

Our exchange support Criptoreal!

https://icqbase.com/market/82 BTC/CRS

https://icqbase.com/market/83 LTC/CRS

enjoy:)

ASPnet Ltd. info@icqbase.com

We are not aware of your exchange and until we have a line of communication with people responsible, we can not recommend our community to start trading there.


==

I'll be back in a short while to reply the rest of you guys, sorry for the delay.

[witalikf]

Our exchange support Criptoreal!

https://icqbase.com/market/82 BTC/CRS

https://icqbase.com/market/83 LTC/CRS

enjoy:)

ASPnet Ltd. info@icqbase.com

Why post the Scam?