[XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS

[crypti]

“Or create your custom network with Crypti SDK and mine new coins via your working nodes.”
——are these new coins among the 100 million total amount?

No, max coins in system - 100 millions, all forging, mining - just different types of fees.

How can we mine this coin?

As forger with Proof-of-Purchase, Proof-of-Time, Proof-of-Identity (merchant address real-life validation).
Or in custom networks via your nodes.

But it's all - fees or payments for service in custom networks.

[crypti]

I read the white paper and it sounds interesting. I like the idea of proof-of-time.

The one read flag I see is that 1% fee to spend Crypti. That sounds outrageously large.

Is there a plan for a maximum fee?

I sort of understand why you want to give the merchant 50% of the fee of spends at their store, to encourage merchants to accept Crypti. But, as a user I want to minimize my fees.

I think merchants should pay the fee if I spend in their store. That is a cost of doing business. Merchants understand this.

For first time 1% is min fee, but we will change it in future to float numbers.
Now 1% will be good motivation for merchant addresses owners and new services.

[Tobo]

Are custom block-chains the parallel block-chains and will they use different currencies?
Can transactions be done across the different custom chains?

edit - after reading the white paper, the custom block-chains/network is more like the Asset Exchange in Nxt.

[biekelroy]

I'm part of the Crypti launch team, and confirm that this new crypto technology is real and will be launched soon.

i dont know who are you ,
why your team post again with same word ,i remember last time you post same .lol

[platorin]

Sorry to write that, mate, but no source code on launch, self moferated topic and initial IPO with 100% premine is just something I would avoid.

[pandher]

Sorry to write that, mate, but no source code on launch, self moferated topic and initial IPO with 100% premine is just something I would avoid.

Source code to attract clones like mosquito's?  And how do you do an IPO on a POS coin without premining it?

[@cryptopumper]

Seems like you're off to a good start!   

Where does the 1% fee go to?

[PilotofBTC]

Seems like you're off to a good start!   

Where does the 1% fee go to?

To people running their wallets.

[stormia]

Interested. Keeping an eye on it!

[Porte]

there is a coin called very similar

http://coinmarketcap.com/crypt_7.html

will this not confused people?

[eli_lyd1]

Too centralized.

[crypti]

there is a coin called very similar

http://coinmarketcap.com/crypt_7.html

will this not confused people?

When we chose the name we did not know about this coin. But we will not change name, we like it 
In any way we have another functional, idea, and new sources (node.js).

[crypti]

Too centralized.

Only 15% for developers, it's not so much for 8 people.
All the money that we collect via IPO will not be in our pockets, we have many ideas that will be implemented in the custom blockchains and in Crypti, it's need money.
We will post reports on the funds spent each month (include IPO money and post-development part).

[steady712]

Too centralized.

Only 15% for developers, it's not so much for 8 people.
All the money that we collect via IPO will not be in our pockets, we have many ideas that will be implemented in the custom blockchains and in Crypti, it's need money.
We will post reports on the funds spent each month (include IPO money and post-development part).

I think 15% is high too

[azwccc]

15% of the genesis block will be devoted to the initial investor, the creator and lead developer of the project, and the Crypti R&D team

Who are the initial investors? If you raise like 200 BTC, together with the 25% you reserve, I don't see you can run the team for more than 6 months. Don't you worry about short of funding??

[WayToGo]

Too centralized.

Only 15% for developers, it's not so much for 8 people.
All the money that we collect via IPO will not be in our pockets, we have many ideas that will be implemented in the custom blockchains and in Crypti, it's need money.
We will post reports on the funds spent each month (include IPO money and post-development part).

Name a coin with 15% premine and succeeded?
Even 2 or 3% is considered bad and you are setting aside 15% 
good luck.

[Momimaus]

Why did you close the original thread and opened now a self moderated one?
There was no trolling, nothing, no reason to do it.

[steady712]

Too centralized.

Only 15% for developers, it's not so much for 8 people.
All the money that we collect via IPO will not be in our pockets, we have many ideas that will be implemented in the custom blockchains and in Crypti, it's need money.
We will post reports on the funds spent each month (include IPO money and post-development part).

Name a coin with 15% premine and succeeded?
Even 2 or 3% is considered bad and you are setting aside 15% 
good luck.

+1 I dont understand. The team easy can use 5-15% of the IPO as payment for development/design.

[SyRenity]

The one read flag I see is that 1% fee to spend Crypti. That sounds outrageously large.

Is there a plan for a maximum fee?

I sort of understand why you want to give the merchant 50% of the fee of spends at their store, to encourage merchants to accept Crypti. But, as a user I want to minimize my fees.

I think merchants should pay the fee if I spend in their store. That is a cost of doing business. Merchants understand this.

Thanks for your remark, we will discuss it.

[SyRenity]

i dont know who are you ,
why your team post again with same word ,i remember last time you post same .lol

This is for new readers who haven't seen the pre-ANN.