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Author Topic: [ANN][CRYPT] CryptCoin x11 + PoS | P2P Anonymity | 0% Premine | Commander  (Read 505961 times)
pollforall
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June 12, 2014, 09:26:48 AM
 #941

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June 12, 2014, 09:48:43 AM
 #942

I'm in. Hope this coin will become second DRK.
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June 12, 2014, 10:04:51 AM
 #943

I think that ebliever posted some wise thoughts here...
Is this better than darkcoin in terms of anonymity?

I think so, if it works. (Of course, Dark is not a finished work either.) I read an article yesterday indicating CRY would not have transfer fees with this anonymity wallet-to-wallet system. etc...
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June 12, 2014, 01:06:07 PM
 #944

I think that ebliever posted some wise thoughts here...
Is this better than darkcoin in terms of anonymity?

I think so, if it works. (Of course, Dark is not a finished work either.) I read an article yesterday indicating CRY would not have transfer fees with this anonymity wallet-to-wallet system. etc...

Figured I should dig up the link to the article I read about no transaction fees before anyone thought I was spreading rumors:
http://www.coinssource.com/cryptcoin-end-transaction-fees/

Luke 12:15-21

Ephesians 2:8-9
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June 12, 2014, 02:04:33 PM
 #945

I think that ebliever posted some wise thoughts here...
Is this better than darkcoin in terms of anonymity?

I think so, if it works. (Of course, Dark is not a finished work either.) I read an article yesterday indicating CRY would not have transfer fees with this anonymity wallet-to-wallet system. etc...

Figured I should dig up the link to the article I read about no transaction fees before anyone thought I was spreading rumors:
http://www.coinssource.com/cryptcoin-end-transaction-fees/

Just what the crypto world needs! Smiley
I can't wait for this coin to bloom. I am mining Dark coin on Coinking site and converting them to cryptcoins Cool
arguelles84
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June 12, 2014, 05:34:36 PM
 #946

I have 20k cry, I'd get more but my btc is tied up in silk and cloak which I think are also on the rise. I'm just holding on to cry, soon as I cash out on those I'm re-investing it all into CRY. Like the above poster has said, CRY is just waiting for a whiff of good news, and its close as the development team is hard at work on it. Soon as that comes out, expect 1000% profit, no reason this wont hit XC prices at least, pre-dump. Best case is this hits DRK prices, and hell no I'm missing this boat.
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June 12, 2014, 05:51:18 PM
 #947

SO Ive just got word now that there are a couple really big spenders..whales..ready to take this coin up. Apparently ppl are believing in mindfox and his coding skills.  Prob a good time to pick up a few CRYs and make some profit. 

BTC: 1KTg6RkiHjovXqVfVB1a74NPPXLnoL1HNf
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June 12, 2014, 08:20:32 PM
 #948

if you watch the charts you can see that somebody is accumulating. so buy or cry Cheesy
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June 12, 2014, 09:03:51 PM
 #949

Just found a new big opportunity: BurnerCoin

This coin is in position #106 in coinmarketcap.com its still flying under the radar of everybody!

- X13 (fairly distributed)
- NO IPO
- NO Pre-Mine
- POW/POS (Already in POS!)
- 2 Million POW Supply

Current price: $0.07 (7 cents)

It's going to be at $1 very soon!

Advise: Get your cheap coins while you can, you have now the chance to still get it cheap!

Don't miss the train or you will most likely regret later!

Forum: https://bitcointalk.org/index.php?topic=645753.0

Trade: https://bittrex.com/Market/Index?MarketName=BTC-BURN

you deserved to be banned from this forum for spamming another coin on someone else thread.. and for that reason.. i WILL NOT buy BurnerCoin, don't care if it's going up

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zeca pagodinho
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June 12, 2014, 10:33:59 PM
 #950

I'm 800 and few coins'm already finding myself the maximum, rich rich rich! =)
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June 13, 2014, 12:11:48 AM
 #951

CRY or DIE  Grin Grin Grin Grin
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June 13, 2014, 03:26:22 AM
 #952

I have 20k cry, I'd get more but my btc is tied up in silk and cloak which I think are also on the rise. I'm just holding on to cry, soon as I cash out on those I'm re-investing it all into CRY. Like the above poster has said, CRY is just waiting for a whiff of good news, and its close as the development team is hard at work on it. Soon as that comes out, expect 1000% profit, no reason this wont hit XC prices at least, pre-dump. Best case is this hits DRK prices, and hell no I'm missing this boat.

I feel the same way. Dark has yet to get its masternodes working, and if CRY's idea works then in a 1:1 contest, CRY wins hands down. Who wants to pay transaction fees to centralized nodes that may compromise anonymity compared to CRY's alternative? It will be interesting if CRY and DARK switch places then.

I do think CRY will need a new name (is that possible?) and ticker symbol though. Marketing does matter, and Cryptcoin/CRY is just not the name a #2 or #3 market cap should have. I've (almost) never heard of a coin changing names but is that possible without too much agony? Or is it hardcoded into the blockchain or something?

Curious,
ebliever

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Ephesians 2:8-9
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June 13, 2014, 04:02:09 AM
 #953

DRK changed names ..

lots of coins have changed names ..


BUT .. i do NOT thnk CRY should change, WHY ?? does the name make you SAD>?!? lol.
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June 13, 2014, 06:08:09 AM
 #954

I feel the same way. Dark has yet to get its masternodes working, and if CRY's idea works then in a 1:1 contest, CRY wins hands down. Who wants to pay transaction fees to centralized nodes that may compromise anonymity compared to CRY's alternative? It will be interesting if CRY and DARK switch places then.

Fees secure the blockchain from malicious attacks. So you'd rather pay a fee rather than have a busted blockchain that got to 1 terabyte because some kid found it funny to run a script with 1000 bogus transactions per second.

Remember that you pay for your hard disk space.

50$ / 1TB = 0.05$ per 1 GB of blockchain bloat.

Multiply that with the number of users to find the collective cost of bloat.
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June 13, 2014, 06:27:51 AM
 #955



Minor Update
Hello CryptCoin community due to many requests we are in a transition process to change the current price ticker from CRY -> CRYPT


Update will be live soon on Bittrex and various other sites shortly

Best Regards

CryptCoin Team



Lead Dev of CRYPT -- http://www.cryptco.org/ -- @CryptCoinTeam
ccryptcoin
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June 13, 2014, 06:35:05 AM
 #956

I feel the same way. Dark has yet to get its masternodes working, and if CRY's idea works then in a 1:1 contest, CRY wins hands down. Who wants to pay transaction fees to centralized nodes that may compromise anonymity compared to CRY's alternative? It will be interesting if CRY and DARK switch places then.

Fees secure the blockchain from malicious attacks. So you'd rather pay a fee rather than have a busted blockchain that got to 1 terabyte because some kid found it funny to run a script with 1000 bogus transactions per second.

Remember that you pay for your hard disk space.

50$ / 1TB = 0.05$ per 1 GB of blockchain bloat.

Multiply that with the number of users to find the collective cost of bloat.

Standard blockchain fees will apply the additional premium 'anon fee' that XC and DRK charge will not be applicable to our anonymous function


edit: Also if you read the OP, you will notice why we chose PoW/PoS hybrid and also included fee for standard tx, this is to ensure maximal blockchain integrity. We take security very seriously but you have our concept misunderstood. Smiley

Lead Dev of CRYPT -- http://www.cryptco.org/ -- @CryptCoinTeam
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June 13, 2014, 06:53:13 AM
 #957

I feel the same way. Dark has yet to get its masternodes working, and if CRY's idea works then in a 1:1 contest, CRY wins hands down. Who wants to pay transaction fees to centralized nodes that may compromise anonymity compared to CRY's alternative? It will be interesting if CRY and DARK switch places then.

Fees secure the blockchain from malicious attacks. So you'd rather pay a fee rather than have a busted blockchain that got to 1 terabyte because some kid found it funny to run a script with 1000 bogus transactions per second.

Remember that you pay for your hard disk space.

50$ / 1TB = 0.05$ per 1 GB of blockchain bloat.

Multiply that with the number of users to find the collective cost of bloat.

Transaction fees are calculated and applied according to the transaction's size (in KBs) and as AlexGR said (btw, are you from Greece perhaps? Smiley ), one reason they are used, is to prevent mallicious or bogus usage of the transactions themselves. Another reason is to give an incentive to miners of PoW blocks to keep mining when the block reward has decreased to 0 ( for inflation reasons) since transaction fees are paid to the finder of the block. But that also applies to PoS (finders also are rewarded by the transaction fees of the transactions included in the block they find) and with coins that have heavy traffic can give a nice reward).

I believe what the others meant though, is that there will be no "extra" fees regarding the "anonymizing" feature that may be introduced by other coins that uses intermediate nodes, to give incentive to people to run that kind of nodes (since running one has some cost)
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June 13, 2014, 06:56:37 AM
 #958

I feel the same way. Dark has yet to get its masternodes working, and if CRY's idea works then in a 1:1 contest, CRY wins hands down. Who wants to pay transaction fees to centralized nodes that may compromise anonymity compared to CRY's alternative? It will be interesting if CRY and DARK switch places then.

Fees secure the blockchain from malicious attacks. So you'd rather pay a fee rather than have a busted blockchain that got to 1 terabyte because some kid found it funny to run a script with 1000 bogus transactions per second.

Remember that you pay for your hard disk space.

50$ / 1TB = 0.05$ per 1 GB of blockchain bloat.

Multiply that with the number of users to find the collective cost of bloat.

Standard blockchain fees will apply the additional premium 'anon fee' that XC and DRK charge will not be applicable to our anonymous function


edit: Also if you read the OP, you will notice why we chose PoW/PoS hybrid and also included fee for standard tx, this is to ensure maximal blockchain integrity. We take security very seriously but you have our concept misunderstood. Smiley

It is my understanding that DRK uses 20% block reward (from new blocks generated) to pay mixing nodes while XC uses tx fees (as it can't generate coins with new blocks due to being PoS).

DRK also uses collateral so that misbehaving or DOS attempts are penalized by losing money.
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June 13, 2014, 07:04:29 AM
 #959

I feel the same way. Dark has yet to get its masternodes working, and if CRY's idea works then in a 1:1 contest, CRY wins hands down. Who wants to pay transaction fees to centralized nodes that may compromise anonymity compared to CRY's alternative? It will be interesting if CRY and DARK switch places then.

Fees secure the blockchain from malicious attacks. So you'd rather pay a fee rather than have a busted blockchain that got to 1 terabyte because some kid found it funny to run a script with 1000 bogus transactions per second.

Remember that you pay for your hard disk space.

50$ / 1TB = 0.05$ per 1 GB of blockchain bloat.

Multiply that with the number of users to find the collective cost of bloat.

Standard blockchain fees will apply the additional premium 'anon fee' that XC and DRK charge will not be applicable to our anonymous function


edit: Also if you read the OP, you will notice why we chose PoW/PoS hybrid and also included fee for standard tx, this is to ensure maximal blockchain integrity. We take security very seriously but you have our concept misunderstood. Smiley

It is my understanding that DRK uses 20% block reward (from new blocks generated) to pay mixing nodes while XC uses tx fees (as it can't generate coins with new blocks due to being PoS).

DRK also uses collateral so that misbehaving or DOS attempts are penalized by losing money.

If you allow me a small correction. PoS blocks *do* generate new coins (that's how the "interest" is getting paid).
Now, regarding DRK behavior, although I haven't read the code so what I'm going to say is just the way I understand it, how can the system identify a misbehaving node? by the IP? because there is no other way (unless coded to give unique identity to each wallet - which in turn means that wallets are now having a full identity ) to identify a wallet, only the IP is logged (and scored accordingly). Maybe I will study more about that, once I'm done with the project I'm currently doing Smiley
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June 13, 2014, 07:19:02 AM
 #960

Bittrex Exchange has successfully transitioned from CRY to CRYPT

https://bittrex.com/Market/Index?MarketName=BTC-CRYPT

Lead Dev of CRYPT -- http://www.cryptco.org/ -- @CryptCoinTeam
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