[ANN][CRW] CROWN (MN-PoS) | Platform | NFT framework | Governance | Masternodes

[voxcon]

Hi guys,

I've just tried to setup a systemnode on a linux 14.04 VPS, but after running the systemnode.sh script my client isn't syncing with the network.

Code:

crown-cli getinfo

gives me the following output:

Code:

{
    "version" : 120300,
    "protocolversion" : 70051,
    "walletversion" : 61000,
    "balance" : 0.00000000,
    "blocks" : 0,
    "timeoffset" : 0,
    "connections" : 0,
    "proxy" : "",
    "difficulty" : 1.00000000,
    "testnet" : false,
    "keypoololdest" : 1511688479,
    "keypoolsize" : 1001,
    "paytxfee" : 0.00000000,
    "relayfee" : 0.00010000,
    "errors" : ""
}

How can i add nodes manually?

Any help is much appreciated.

[1715223933]

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[dex1]

alright I say it again, was just analyzing the 40 masternode coins out there:

1. Dash - 4500 nodes, marketcap 5 billion
2. PIVX - 2000 nodes, marketcap 180 mil
3. Crown - 2600 nodes (960 Tron masternodes, 1650 systemnodes), marketcap 27 mil

other masternode coins are left behind

Also, none of the coins out there have a dual node layer

No disrespect but you somehow managed to miss Blocknet which is actually number three and as well established coin, and Pura which
is number four but I've not heard of before.




Edit: Even if you combine CRW and CRW-SN you still will be number five with total market cap of $56.6 mil

[CHAOSiTEC]

Crown Dev Team update:
-----------------------------------------------

We are working on the dns seed nodes, and sadly dns being what it is, those changes have not propregated through all dns caches and servers yet
we expect this to tak 24 - 48 hours

Temp solution:
go to this site and follow instructions (list is live node list)
http://api.node-vps.com/crown/getpeerinfo

[crowncoin_knight]

alright I say it again, was just analyzing the 40 masternode coins out there:

1. Dash - 4500 nodes, marketcap 5 billion
2. PIVX - 2000 nodes, marketcap 180 mil
3. Crown - 2600 nodes (960 Tron masternodes, 1650 systemnodes), marketcap 27 mil

other masternode coins are left behind

Also, none of the coins out there have a dual node layer

No disrespect but you somehow managed to miss Blocknet which is actually number three and as well established coin, and Pura which
is number four but I've not heard of before.




Edit: Even if you combine CRW and CRW-SN you still will be number five with total market cap of $56.6 mil

I was rather looking at Number of Nodes instead of marketcap.

Pura - 988 nodes
Blocknet - 388 nodes

Crown 2700 nodes

[voxcon]

Crown Dev Team update:
-----------------------------------------------

We are working on the dns seed nodes, and sadly dns being what it is, those changes have not propregated through all dns caches and servers yet
we expect this to tak 24 - 48 hours

Temp solution:
go to this site and follow instructions (list is live node list)
http://api.node-vps.com/crown/getpeerinfo

Thanks a lot, that helped.
Even though i had to figure out how to add nodes through console.
To add nodes on your linux client use the following format:

Code:

crown-cli addnode 127.0.0.1:9340 add

Best regards,

Vox

[stonehedge]

Crown Dev Team update:
-----------------------------------------------

We are working on the dns seed nodes, and sadly dns being what it is, those changes have not propregated through all dns caches and servers yet
we expect this to tak 24 - 48 hours

Temp solution:
go to this site and follow instructions (list is live node list)
http://api.node-vps.com/crown/getpeerinfo

Thanks a lot, that helped.
Even though i had to figure out how to add nodes through console.
To add nodes on your linux client use the following format:

Code:

crown-cli addnode 127.0.0.1:9340 add

Best regards,

Vox

Everything should be back to normal in a few hours. When the DNS changes have propagated you won't need to change anything.

[orangegeuse]

Anyone know the best way to run multiple systemnodes or multiple masternodes out of the same wallet?

You need different ip addresses for masternodes but can have the local wallet on one

Thanks for the reply, but I'm not fully understanding your suggestion. Here's what I did and please point out where I screwed up:

1. Created wallet
2. generated key
3. funded w/500 crown
4. grabbed output line
5. started systemnode w/ key value
6. started systemnode from my local wallet

I then went through steps 2-6 on the same wallet for a different systemnode on a different IP. However the new SN would never say that it was started properly (still waiting for remote activation). The original SN now showed the IP address of the second systemnode.

Trying to figure out where I screwed up. Thanks!

[TwistMaister]

Anyone know the best way to run multiple systemnodes or multiple masternodes out of the same wallet?

You need different ip addresses for masternodes but can have the local wallet on one

Thanks for the reply, but I'm not fully understanding your suggestion. Here's what I did and please point out where I screwed up:

1. Created wallet
2. generated key
3. funded w/500 crown
4. grabbed output line
5. started systemnode w/ key value
6. started systemnode from my local wallet

I then went through steps 2-6 on the same wallet for a different systemnode on a different IP. However the new SN would never say that it was started properly (still waiting for remote activation). The original SN now showed the IP address of the second systemnode.

Trying to figure out where I screwed up. Thanks!

To run a system node, you need to have a computer that is 24/7 online - connected to the computer. This is mostly a server, or a VPS. Each systemnode needs a unique IP address. Therefore, it is not possible to run more than one Systemnode on the same computer/VPS.

Each systemnode needs to be tied to a local wallet. You can add any amount of Systemnodes to your local wallet.

For more information, see: https://www.youtube.com/watch?v=JGN5NUwwvCE

[orangegeuse]

Anyone know the best way to run multiple systemnodes or multiple masternodes out of the same wallet?

You need different ip addresses for masternodes but can have the local wallet on one

Thanks for the reply, but I'm not fully understanding your suggestion. Here's what I did and please point out where I screwed up:

1. Created wallet
2. generated key
3. funded w/500 crown
4. grabbed output line
5. started systemnode w/ key value
6. started systemnode from my local wallet

I then went through steps 2-6 on the same wallet for a different systemnode on a different IP. However the new SN would never say that it was started properly (still waiting for remote activation). The original SN now showed the IP address of the second systemnode.

Trying to figure out where I screwed up. Thanks!

To run a system node, you need to have a computer that is 24/7 online - connected to the computer. This is mostly a server, or a VPS. Each systemnode needs a unique IP address. Therefore, it is not possible to run more than one Systemnode on the same computer/VPS.

Each systemnode needs to be tied to a local wallet. You can add any amount of Systemnodes to your local wallet.

For more information, see: https://www.youtube.com/watch?v=JGN5NUwwvCE

I understand that they need to be on servers running 24/7, that's easy. The procedure and guides all show a single-use, single-SN setup. They don't really address what to do for multiple SN running against your local wallet. I guess my frustration is that there are lots of "guides", but no real documentation about what each step in the process is doing. I get that Crown is pulling this out from the Dash project, but they seem to be going at this in a cowboy fashion. For example, what exactly does the genkey step do? Should one run genkey each time you setup a new SN, or is one OK? Should you create a new receive address each time, or can you recycle the same one. Etc etc

EDIT: FWIW, I was able to get multiple SN paying back to the same wallet by simply doing every single step over again (including a new receive address).

[urban_idler]

with one masternode (=10.000 crown) u make about 20% per year

with one systemnode (=500 crown) u make about 60% per year

so with 3500 crowns  on systemnodes u make the same like with 10.000 crowns on a masternode ....

or u make 3 times more money when u run 20 systemnodes compared to 1 masternode !

think about it !!!!

if u need a hoster for your systemnode i can recommend nodeshare, they really know what they do: http://nodeshare.in/coins/crown/installguide/

yup -- so the idea is to incent the addition of network capacity in the system node layer.

the most interesting part will be what this capacity will be used for over time -- the short-term rewards are just the use of simple skinner box dynamics to draw fourth resources, or bootstrap, what one would hope would be a "cloud" of several thousand nodes of compute capacity. 

The value of any of these crypto networks is as a sort of open cloud.  the token is simply the coordination mechanism.  the limits are whatever the limits of the "shared imagination" of the community are... but to define a shared imagination one needs a more sophisticated governance system than proof of work, or the current proposal system...

it's not that complicated really -- just have to plan out and game out what a crypto system could be and not get stuck in what any of the existing solutions are.

I'm still fascinated that no one seems to care that the OTC derivatives community that created the financial crisis has seized control of bitcoin... idealism and values can be very plastic when money gets involved -- kind of why you need a better governance system than proof of work to have a genuine shared imagination and evolutionary community.  anyway, life is strange.

[jeliman]

Is Crown inflationary? Will the total supply increase by a percentage each year?

No what I mean is; Does the Total Supply increase yearly? Eg will the 42 mill increase on an annual basis?

If this is meant to be a block chain platform for services, it should be inflationary.

Crown is not inflationary, it's got a set supply cap of 42 million. There will never be more than 42 million Crown.

Why do you suggest it should be inflationary?

If the coins are not inflationary there is no incentive for people to sell their coins if the price rises. I am assuming Crown intend developers to create apps/services for the platform, if the coins are too expensive they cannot use the coins. The more Crown coins gain in value, the less chance for the system to actually take off....eventually no one will use Crown and the it will be worthless.

All other "platform" development cryptos eg ethereum/lisk/ubiq are inflationary.

42,000,000 Crown total
1 Crown = 100,000,000 Crown Satoshi.
42,000,000 x 100,000,000 = 4.2 quadrillion potential units.

Not all units will be available (Masternodes/Systemnodes), but supply and demand will determine a fair price for a unit. With so many potential units I see no risk what so ever in leaving the code as it is.
Even at 30% supply due to units locked in SN/MN, 1.2 quadrillion crown satoshis will be available for use..

Over a long period of time it will make a difference. There has to be a mechanism in place to incentivise the selling of coins for speculative holders. Capping the total supply benefits the holder of coins yes, but as a working project this is a significant flaw imo.

It'd be great to see some calculations regarding your concerns..

Also the incentive of inflation to make holders sell would not work. If we place 5% inflation say per year, but new use is rising by 50% a year, we're kind of back to square one.
There would need to be some sort of mechanism that balances out the % inflation rate (like a central bank, but in code.). 
But by doing this we are playing with the fundamental principles of a crypto currency like Crown (changing total supply), when I really see no reason to do so.

Obv you have your reasons and are making your stance known, but virtually every other crypto for blockchain services/app (eg Ethereum/Lisk/Ubiq) runs with an inflationary policy. It's well known that the problem of be speculative investors holding onto coins is a big issue, hence why there is an annual increase in total supply.

An inflationary policy works over a number of years because the effects are accumulative.

Please explain your theory to this wallet

https://chainz.cryptoid.info/crw/wallet.dws?781466.htm

[cwTwister]

Anyone know the best way to run multiple systemnodes or multiple masternodes out of the same wallet?

You need different ip addresses for masternodes but can have the local wallet on one

Thanks for the reply, but I'm not fully understanding your suggestion. Here's what I did and please point out where I screwed up:

1. Created wallet
2. generated key
3. funded w/500 crown
4. grabbed output line
5. started systemnode w/ key value
6. started systemnode from my local wallet

I then went through steps 2-6 on the same wallet for a different systemnode on a different IP. However the new SN would never say that it was started properly (still waiting for remote activation). The original SN now showed the IP address of the second systemnode.

Trying to figure out where I screwed up. Thanks!

To run a system node, you need to have a computer that is 24/7 online - connected to the computer. This is mostly a server, or a VPS. Each systemnode needs a unique IP address. Therefore, it is not possible to run more than one Systemnode on the same computer/VPS.

Each systemnode needs to be tied to a local wallet. You can add any amount of Systemnodes to your local wallet.

For more information, see: https://www.youtube.com/watch?v=JGN5NUwwvCE

I understand that they need to be on servers running 24/7, that's easy. The procedure and guides all show a single-use, single-SN setup. They don't really address what to do for multiple SN running against your local wallet. I guess my frustration is that there are lots of "guides", but no real documentation about what each step in the process is doing. I get that Crown is pulling this out from the Dash project, but they seem to be going at this in a cowboy fashion. For example, what exactly does the genkey step do? Should one run genkey each time you setup a new SN, or is one OK? Should you create a new receive address each time, or can you recycle the same one. Etc etc

EDIT: FWIW, I was able to get multiple SN paying back to the same wallet by simply doing every single step over again (including a new receive address).

Thanks for the feedback! I will see what I can do to clarify it more.

For your info right now:
A genkey is a unique identifier, only one node can use - and the purpose is to signal to which local wallet it belongs.
The systemnode output is a "receipt" that you indeed have the collateral locked on your local wallet.

So there is no order to how you combine those to. There just has to be a valid genkey that is running on a node, and a valid systemnode outputs with an address holding the corresponding collateral.

The combination of genkey + IP and systemoutput in your local wallet is what entails a complete setup of a node.

Hope that helps

[aamjanta]

alright I say it again, was just analyzing the 40 masternode coins out there:

1. Dash - 4500 nodes, marketcap 5 billion
2. PIVX - 2000 nodes, marketcap 180 mil
3. Crown - 2600 nodes (960 Tron masternodes, 1650 systemnodes), marketcap 27 mil

other masternode coins are left behind

Also, none of the coins out there have a dual node layer

No disrespect but you somehow managed to miss Blocknet which is actually number three and as well established coin, and Pura which
is number four but I've not heard of before.




Edit: Even if you combine CRW and CRW-SN you still will be number five with total market cap of $56.6 mil

This is week community ...
Go and buy some good and strong coin .. dash pivx.
If you really like MN ..

[duyenwong]

This is week community ...
Go and buy some good and strong coin .. dash pivx.
If you really like MN ..

Feature and tech-wise, I totally disagree.  It's true that Crown hasn't caught on and become popular like the other two, but I think it's for various reasons such as availability of coins, trading exchanges, marketing, .... but definitely not because it's a weak coin.

[duyenwong]

Hi!

What is the difference btween Crown (CRW) and Crown-SN (CRW-SN)?

https://masternodes.online/currencies/CRW/
https://masternodes.online/currencies/CRW-SN/

First page in this thread talks about master nodes and system nodes.
It looks like a system node "Crown-SN" is both cheaper to get and have a higher ROI?

Is there a guide how to set up a system node on Linux?

Edit: found your home page with google:
https://www.crown.tech/systemnodes-vs-trons

Also found the wiki:
http://op.crownlab.eu/projects/crown-atomic/wiki/systemnode-setup-guide-windows-slash-linux-vps

I don't see CRW-SN available on Bittrex, only CRW.  Is it a BTC trading pair?  I don't see it listed on CoinMarketCap either.

[CHAOSiTEC]

Hi!

What is the difference btween Crown (CRW) and Crown-SN (CRW-SN)?

https://masternodes.online/currencies/CRW/
https://masternodes.online/currencies/CRW-SN/

First page in this thread talks about master nodes and system nodes.
It looks like a system node "Crown-SN" is both cheaper to get and have a higher ROI?

Is there a guide how to set up a system node on Linux?

Edit: found your home page with google:
https://www.crown.tech/systemnodes-vs-trons

Also found the wiki:
http://op.crownlab.eu/projects/crown-atomic/wiki/systemnode-setup-guide-windows-slash-linux-vps

I don't see CRW-SN available on Bittrex, only CRW.  Is it a BTC trading pair?  I don't see it listed on CoinMarketCap either.

CRW-SN means Crown Systemnodes - its still CRW on bittrex

[duyenwong]

Hi!

What is the difference btween Crown (CRW) and Crown-SN (CRW-SN)?

https://masternodes.online/currencies/CRW/
https://masternodes.online/currencies/CRW-SN/

First page in this thread talks about master nodes and system nodes.
It looks like a system node "Crown-SN" is both cheaper to get and have a higher ROI?

Is there a guide how to set up a system node on Linux?

Edit: found your home page with google:
https://www.crown.tech/systemnodes-vs-trons

Also found the wiki:
http://op.crownlab.eu/projects/crown-atomic/wiki/systemnode-setup-guide-windows-slash-linux-vps

I don't see CRW-SN available on Bittrex, only CRW.  Is it a BTC trading pair?  I don't see it listed on CoinMarketCap either.

CRW-SN means Crown Systemnodes - its still CRW on bittrex

Thanks for clarifying.  For a moment I thought the price of CRW was dropping because there was a new "forked" coin CRW-SN.  BTC-fork-a-mania is rampant at the moment.

[stonehedge]

Hi!

What is the difference btween Crown (CRW) and Crown-SN (CRW-SN)?

https://masternodes.online/currencies/CRW/
https://masternodes.online/currencies/CRW-SN/

First page in this thread talks about master nodes and system nodes.
It looks like a system node "Crown-SN" is both cheaper to get and have a higher ROI?

Is there a guide how to set up a system node on Linux?

Edit: found your home page with google:
https://www.crown.tech/systemnodes-vs-trons

Also found the wiki:
http://op.crownlab.eu/projects/crown-atomic/wiki/systemnode-setup-guide-windows-slash-linux-vps

I don't see CRW-SN available on Bittrex, only CRW.  Is it a BTC trading pair?  I don't see it listed on CoinMarketCap either.

CRW-SN means Crown Systemnodes - its still CRW on bittrex

Thanks for clarifying.  For a moment I thought the price of CRW was dropping because there was a new "forked" coin CRW-SN.  BTC-fork-a-mania is rampant at the moment.

I suspect that CRW is finally suffering some increased pressure from the BTC price hence the selling. 

[duyenwong]

Thanks for clarifying.  For a moment I thought the price of CRW was dropping because there was a new "forked" coin CRW-SN.  BTC-fork-a-mania is rampant at the moment.

I suspect that CRW is finally suffering some increased pressure from the BTC price hence the selling. 

Which also explains the sudden appearance of certain characters to use the drop to create more fear.  You never see them when the price is stable.

[crowncoin_knight]

Thanks for clarifying.  For a moment I thought the price of CRW was dropping because there was a new "forked" coin CRW-SN.  BTC-fork-a-mania is rampant at the moment.

I suspect that CRW is finally suffering some increased pressure from the BTC price hence the selling.  

Which also explains the sudden appearance of certain characters to use the drop to create more fear.  You never see them when the price is stable.

Good point, its the same story everywhere, stronger players trying to create pressure on weak hands, after weak hands move out, this can go higher. Its long but a very healthy process...unlike coins which are flying because of hype and lack of knowledge of the buyers. As one of my partner says, the world is moved by a lack of knowledge, this is slowly changing though