Bitcoin Forum
November 18, 2018, 07:43:03 PM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: « 1 ... 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 [178] 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 ... 245 »
  Print  
Author Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes |  (Read 289747 times)
urban_idler
Member
**
Offline Offline

Activity: 87
Merit: 10


View Profile
September 21, 2017, 08:06:04 AM
 #3541

How does it work legally with network interconnections like the internet and these kinds of laws eg https://www.translegal.com/lesson/6024 - could Crown be seen as an ISP of sorts?  Or a similar thing with the big international interconnects of cables and satellites and agreements regarding liability of content and users actions etc.

And who pays for the non-profits to operate, is that a "network service" or is that what the masternodes rewards will be for and node operators pay to set up a template organisation and run it?

I've just read more of the white papers, but it's still not clear to me how the node applications work.  Are they written in a specific language and run on a JIT compiler, or is it more of a Docker or hypervisor environment where there's VMs that do stuff and licence and pay for themselves and their resource usage in Crown?  

Also have you looked at the way SIA coin contracts work between the customer and the storage provider, I think they are bilateral in nature and pretty interesting.  Also the way SIA encrypts content would prevent a storage provider from knowing what was on their hard drives, so they probably couldn't be found liable for a user backing up a copy of a movie.

good questions -- will check out SIA. 

in terms of applications -- just think of the nodes as gateways -- we are just using them to do payment and user management -- treating the blockchain as an open pki... in terms of how the applications will be implemented or provisioned -- there are no specific constraints beyond that a user is functionally signing on to a cloud application.  That application may or may not be provisioned and managed by the masternode.

We have preferences -- ideally people would run open source applications and all the resources would be provisioned by the masternodes... but we also do not believe in telling the node operators how to run their businesses beyond requiring them to comply with the relevant laws.

And yes -- all user data in applications would need to be encrypted at rest with the keys in the possession of the user not the application provider or the node operator.  This is a US legal requirement and I believe also applies in the EU and is just a best practice. 

Hope that answers things.  I'm on cali time and need to crash... feel free to join the mattermost (mm.crownlab.eu) and keep asking questions or offering ideas.  That's how we learn and improve.

g'night!

and yes -- the papers are vague and dated at this point.  but the ideas and principles are genuine and haven't changed -- and the points in the knowledge are all still relevant.

we have learned a lot since last December when most of the papers were drafted...  apologies that their isn't more technical detail yet -- our documentation and specification deficiency is something that a few of the new team members will be able to address.  the new guys just don't quite have the confidence yet to fully assert themselves but I think they will get comfortable soon.

people seem to be thrown by a friendly, relatively humble group of people working on a crypto project and it takes them a while to believe that is actually what's going on...
1542570183
Hero Member
*
Offline Offline

Posts: 1542570183

View Profile Personal Message (Offline)

Ignore
1542570183
Reply with quote  #2

1542570183
Report to moderator
1542570183
Hero Member
*
Offline Offline

Posts: 1542570183

View Profile Personal Message (Offline)

Ignore
1542570183
Reply with quote  #2

1542570183
Report to moderator
1542570183
Hero Member
*
Offline Offline

Posts: 1542570183

View Profile Personal Message (Offline)

Ignore
1542570183
Reply with quote  #2

1542570183
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Vivacia
Newbie
*
Offline Offline

Activity: 50
Merit: 0


View Profile
September 21, 2017, 08:07:06 AM
 #3542

I am thinking about buying some coins aswell.
New member on this forum and created an account so i can ask some questions Grin

I am thinking about buying like 100 coins.
Question: can they be ''put to work'' in a service node? I like the idea of mining coins with coins i have.




First of all: welcome!

As of yet, a Tron Masternode can be set up for 10,000 CRW, which will mine approx. 4.5-9 CRW per day. In the future, there will be a second type of node which will require less staking (somewhere in the hundreds of CRW, possibly). Hope that answers your question!
You can also join us at https://mm.crownlab.eu if you'd like more real-time answers to your questions.


Thanks! That does answer my question. Ill probably invest somewhere by the end of this week. The thing that really draw my attention is that about 75% of crown is in trons, which means alot of ppl are holders instead of traders. I believe this will lead to a more dedicated community within crown.

yeah, actually nearly 79pct of all coins are locked in Tron masternodes, which shows exactly what you are saying - a dedicated community who have more long term views and pushes the core team in its effort to create other uses for the Crown platform. Thats basically the aim - Tron operators becoming future internet companies.


Basically, if there is not much crown offered to others, im guessing the price can go up really fast since most of it is not being sold. Supply/demand kind of story.

This just got a lot more intresting for me. if this really picks up who knows where it will end!
dzlbobo
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
September 21, 2017, 08:45:10 AM
 #3543

SUPER MOON!

haha this is brilliant!
LucD88
Hero Member
*****
Offline Offline

Activity: 670
Merit: 510


CrownCentral.net


View Profile
September 21, 2017, 12:45:32 PM
 #3544


CRW hashrate reached 1400 ph/s last night

15pct of BTC miners are mining Crown now

That's impressive.. Seems we're in the third spot of most network hashrate: https://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=desc



Basically, if there is not much crown offered to others, im guessing the price can go up really fast since most of it is not being sold. Supply/demand kind of story.

This just got a lot more intresting for me. if this really picks up who knows where it will end!
Something like that, yes. Incentivising people to 'lock' CRW in Trons creates scarcity on the market. This will intensify once Service Nodes are released in the coming weeks/months, allowing people to 'lock' CRW in much smaller amounts.



and yes -- the papers are vague and dated at this point.  but the ideas and principles are genuine and haven't changed -- and the points in the knowledge are all still relevant.

...
Agreed. Once Crown Atomic has been released, are there any plans to rewrite the papers and making them less vague?

▄▄█▀▀▀▀▀▀▀█▄▄
▄█▀▀▀           ▀▀▀█▄
▄█▀▀                   ▀▀█▄
▄█▀                         ▀█▄
█▀                             ▀█
█▀               █               ▀█
█▀              ▄█▀                ▀█
      █▄▄▄  ▄▄█▀   ▀█▄▄  ▄▄▄█      █
       █▄▀▀▀▀         ▀▀▀▀▄█       █
        ▀█               █▀        █
█▄
        ▀█   ▄▄█▀▀█▄▄  █▀        ▄█
█▄
         ▀          ▀▀         ▄█
█▄                             ▄█
▀█▄                         ▄█▀
▀█▄▄
                   ▄▄█▀
▀█▄▄▄           ▄▄▄█▀
▀▀█▄▄▄▄▄▄▄█▀▀
.CROWN.█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
.MERGE MINING...   .MASTERNODES.............   .CORE UPDATES...
██████████████████████████████████   twitter  ███████████████████████ Mattermost  ███████████████████████ ANN Thread  ██████████████████████████████████
█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
realdefunctec
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
September 21, 2017, 04:06:32 PM
 #3545


I wish sitonmythrone could be around more, he cracks me up! Cheesy
Maleda
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
September 21, 2017, 08:05:14 PM
 #3546

Today we had Crown meeting of Czech Community. Thank you to all participans, it was fine Smiley.
Here is the link for photos https://www.zonerama.com/martinfiala81/Album/3751848?secret=mWM2Uo7E2763b108TRaHNjEGs
crowncoin_knight
Hero Member
*****
Offline Offline

Activity: 676
Merit: 500


View Profile WWW
September 22, 2017, 07:42:45 AM
 #3547

Today we had Crown meeting of Czech Community. Thank you to all participans, it was fine Smiley.
Here is the link for photos https://www.zonerama.com/martinfiala81/Album/3751848?secret=mWM2Uo7E2763b108TRaHNjEGs

Maleda thank you for sharing, its awesome to see the Czech community growing in Pardubice and Hradec Kralove region  Wink


.. 
▄▄█▀▀▀▀▀▀▀█▄▄
▄█▀▀▀           ▀▀▀█▄
▄█▀▀                   ▀▀█▄
▄█▀                         ▀█▄
█▀                             ▀█
█▀               █               ▀█
█▀              ▄█▀                ▀█
      █▄▄▄  ▄▄█▀   ▀█▄▄  ▄▄▄█      █
       █▄▀▀▀▀         ▀▀▀▀▄█       █
        ▀█               █▀        █
█▄
        ▀█   ▄▄█▀▀█▄▄  █▀        ▄█
█▄
         ▀          ▀▀         ▄█
█▄                             ▄█
▀█▄                         ▄█▀
▀█▄▄
                   ▄▄█▀
▀█▄▄▄           ▄▄▄█▀
▀▀█▄▄▄▄▄▄▄█▀▀
  CROWN█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
  MERGE MINING            THRONES            CORE UPDATES
█████████████████████████████████████████   twitter  ██████████████████████ slack  ██████████████████████ ANN Thread  █████████████████████████████████████████
█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
tommyj11
Member
**
Offline Offline

Activity: 63
Merit: 10


View Profile
September 22, 2017, 09:09:36 AM
 #3548

Today we had Crown meeting of Czech Community. Thank you to all participans, it was fine Smiley.
Here is the link for photos https://www.zonerama.com/martinfiala81/Album/3751848?secret=mWM2Uo7E2763b108TRaHNjEGs

Maleda thank you for sharing, its awesome to see the Czech community growing in Pardubice and Hradec Kralove region  Wink



great to see a growing community, hope to see more and be able to participate in the future

BTW im the real tommyj1, my other account is in the hands of a russian that needed a sr account
have lada
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
September 22, 2017, 09:22:09 AM
 #3549

This is great timing to take risk on this project I hope this will go to the moon.
stonehedge
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


Decentralize Everything


View Profile WWW
September 22, 2017, 09:28:49 AM
 #3550

There is a decent mention of Crown  in this Institutional Investor article.

Institutional Investor is a fairly grown up niche magazine read by about 100,000 people.

http://www.institutionalinvestor.com/article/3751923/banking-and-capital-markets-banking/a-hackers-guide-to-destroying-the-global-economy.html?ArticleId=3751923&single=true#.WcTIU8h94Rk

Big thanks to Urban_Idler for sharing his views on decentralization before the interview happened.  Inspiring stuff.
tommyj11
Member
**
Offline Offline

Activity: 63
Merit: 10


View Profile
September 22, 2017, 10:36:49 AM
 #3551

There is a decent mention of Crown  in this Institutional Investor article.

Institutional Investor is a fairly grown up niche magazine read by about 100,000 people.

http://www.institutionalinvestor.com/article/3751923/banking-and-capital-markets-banking/a-hackers-guide-to-destroying-the-global-economy.html?ArticleId=3751923&single=true#.WcTIU8h94Rk

Big thanks to Urban_Idler for sharing his views on decentralization before the interview happened.  Inspiring stuff.
interesting read! nice job with the interview stone
crowncoin_knight
Hero Member
*****
Offline Offline

Activity: 676
Merit: 500


View Profile WWW
September 22, 2017, 10:50:37 AM
 #3552

There is a decent mention of Crown  in this Institutional Investor article.

Institutional Investor is a fairly grown up niche magazine read by about 100,000 people.

http://www.institutionalinvestor.com/article/3751923/banking-and-capital-markets-banking/a-hackers-guide-to-destroying-the-global-economy.html?ArticleId=3751923&single=true#.WcTIU8h94Rk

Big thanks to Urban_Idler for sharing his views on decentralization before the interview happened.  Inspiring stuff.
interesting read! nice job with the interview stone

Awesome to see Crown talked in reputable investor media! Thank you stonehedge and urban Idler

.. 
▄▄█▀▀▀▀▀▀▀█▄▄
▄█▀▀▀           ▀▀▀█▄
▄█▀▀                   ▀▀█▄
▄█▀                         ▀█▄
█▀                             ▀█
█▀               █               ▀█
█▀              ▄█▀                ▀█
      █▄▄▄  ▄▄█▀   ▀█▄▄  ▄▄▄█      █
       █▄▀▀▀▀         ▀▀▀▀▄█       █
        ▀█               █▀        █
█▄
        ▀█   ▄▄█▀▀█▄▄  █▀        ▄█
█▄
         ▀          ▀▀         ▄█
█▄                             ▄█
▀█▄                         ▄█▀
▀█▄▄
                   ▄▄█▀
▀█▄▄▄           ▄▄▄█▀
▀▀█▄▄▄▄▄▄▄█▀▀
  CROWN█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
  MERGE MINING            THRONES            CORE UPDATES
█████████████████████████████████████████   twitter  ██████████████████████ slack  ██████████████████████ ANN Thread  █████████████████████████████████████████
█▄
███
███
███
 ▀█
▀▄
▄ ▀
 ▀▄

█▄
███
███
███
 ▀█
philgfx
Newbie
*
Offline Offline

Activity: 39
Merit: 0


View Profile
September 22, 2017, 10:51:46 AM
 #3553

One of the nicer looking Anns I've seen!  Wink
Johnny00
Hero Member
*****
Offline Offline

Activity: 854
Merit: 553


View Profile
September 22, 2017, 07:26:31 PM
 #3554

80% locked in nodes wow? so is this artificial price then?

if all the rewards start to sell?

30% inflation? 9 block per minute, so what will be the use of nodes after all blocks mined. just the fees for the Dapp?


|
We plan to invest over
$1 billion in the regulated, licensed,
and legal businesses to build the IOB Mesh
|
Same Token,IOB
Multiple Regulated
Security Token
ICOs Across the World.
|
TELEGRAM
TWITTER
GITHUB
REDDIT
中文电报群
MEDIUM
BITCOINTALK
LINKEDIN
Vivacia
Newbie
*
Offline Offline

Activity: 50
Merit: 0


View Profile
September 23, 2017, 08:13:04 AM
 #3555

Just bought some crown. I hope its enough for a service node.
stonehedge
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


Decentralize Everything


View Profile WWW
September 23, 2017, 11:50:51 AM
 #3556

80% locked in nodes wow? so is this artificial price then?

if all the rewards start to sell?

30% inflation? 9 block per minute, so what will be the use of nodes after all blocks mined. just the fees for the Dapp?


I don't understand your question.  What do you mean is this artificial price?

Masternode rewards are continually sold on the market by some people...what makes you think that the hundreds of masternode operators are all holding?

Can you tell me where you get the 30% inflation figure from?

Sorry, would love to answer your questions but I don't really understand what you are asking.
ninjacoins
Member
**
Offline Offline

Activity: 157
Merit: 10


View Profile
September 23, 2017, 12:43:54 PM
 #3557

Is current payout for single Tron 4.5 CRW?
stonehedge
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


Decentralize Everything


View Profile WWW
September 23, 2017, 05:45:16 PM
 #3558

Yes, you can see current payout info here: https://stats.crowncentral.net/
Johnny00
Hero Member
*****
Offline Offline

Activity: 854
Merit: 553


View Profile
September 24, 2017, 01:58:09 AM
 #3559

80% locked in nodes wow? so is this artificial price then?

if all the rewards start to sell?

30% inflation? 9 block per minute, so what will be the use of nodes after all blocks mined. just the fees for the Dapp?


I don't understand your question.  What do you mean is this artificial price?

Masternode rewards are continually sold on the market by some people...what makes you think that the hundreds of masternode operators are all holding?

Can you tell me where you get the 30% inflation figure from?

Sorry, would love to answer your questions but I don't really understand what you are asking.

15m tokens outstanding. 9 Crown are created every block.
Block time is one minute. 1440 minutes in a day multiplied by 9 = 12,960 per day. 4.7m per year.

4.7 / 15 = 31.3 %


|
We plan to invest over
$1 billion in the regulated, licensed,
and legal businesses to build the IOB Mesh
|
Same Token,IOB
Multiple Regulated
Security Token
ICOs Across the World.
|
TELEGRAM
TWITTER
GITHUB
REDDIT
中文电报群
MEDIUM
BITCOINTALK
LINKEDIN
infernoman
Legendary
*
Offline Offline

Activity: 964
Merit: 1000



View Profile
September 24, 2017, 03:41:56 AM
 #3560

80% locked in nodes wow? so is this artificial price then?

if all the rewards start to sell?

30% inflation? 9 block per minute, so what will be the use of nodes after all blocks mined. just the fees for the Dapp?


I don't understand your question.  What do you mean is this artificial price?

Masternode rewards are continually sold on the market by some people...what makes you think that the hundreds of masternode operators are all holding?

Can you tell me where you get the 30% inflation figure from?

Sorry, would love to answer your questions but I don't really understand what you are asking.

15m tokens outstanding. 9 Crown are created every block.
Block time is one minute. 1440 minutes in a day multiplied by 9 = 12,960 per day. 4.7m per year.

4.7 / 15 = 31.3 %


Although we currently have a high inflation rate this figure will drop over time. This is still a "new" coin in the eyes of most. But here are some other things going for us too.

We only have a 22M market cap
We have a higher % of coins locked into Masternode than any other.
We have almost 15% of the bitcoin network merged mining Crown.
And the number of Trons continues to increase...
Pages: « 1 ... 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 [178] 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 ... 245 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!