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Author Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes |  (Read 285976 times)
crowncoin_knight
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May 20, 2016, 11:57:26 AM
 #521

We are analyzing this and we would like to go ahead. Discussion with the dev going on right now.



Progress update

I'v been in contact with a developer of another coin. He's interested in implementing a basic form of Masternodes
for Crowncoin. This could be a great step for CRW and add long term stability to the network.

Why I think we need "Basic Masternodes"

Basic Masternodes are like Dash Masternodes but without coin mixing and transaction locking, basically just paid full nodes.
Miners and "Basic Masternodes" get a split of coinbase reward, thats it.

This hopefully will add many more full nodes to the network and improve security.

However, a bounty must be paid and funds must be raised by the community.

If Crowncoin's knights are willing to back this project, then please contact me


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TimC
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May 20, 2016, 12:30:55 PM
 #522

We are analyzing this and we would like to go ahead. Discussion with the dev going on right now.



Progress update

I'v been in contact with a developer of another coin. He's interested in implementing a basic form of Masternodes
for Crowncoin. This could be a great step for CRW and add long term stability to the network.

Why I think we need "Basic Masternodes"

Basic Masternodes are like Dash Masternodes but without coin mixing and transaction locking, basically just paid full nodes.
Miners and "Basic Masternodes" get a split of coinbase reward, thats it.

This hopefully will add many more full nodes to the network and improve security.

However, a bounty must be paid and funds must be raised by the community.

If Crowncoin's knights are willing to back this project, then please contact me


If the coin forks to have MasterNodes I'll run one.
IconFirm
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May 20, 2016, 12:40:17 PM
 #523


Marketing - sure we need so e help here - any ideas jow to spread this around the btc community?


You could start by not presuming everyone here is a "guy"......

Sorry if my stating the obvious has offended you. Buying/selling your own orders is fine if it means keeping the coin listed, but doing it since day one only puts people off, & is why you had to do it. It's not that people don't care about the coin, it's that people don't like fake sales. It's easily noticed & drives traders away.

This is a good coin with great potential, but sometimes it's better to let the market do it's own thing - let it at least find it's natural level & gain a solid user base first before trying to manipulate the price too much. Try it, I'll be one of the first to come back if you do.

Good luck for the future.

Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0
Do not trust Yobit/HitBTC/C-cex/Poloniex/WEX/KuCoin/LiveCoin scam exchanges or shady ICO's run by known scam companies like HashCoins/Ambisafe/Bountyhive etc - they WILL scam you!
Use due diligence & do research. Buy the coins, sell the coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
defunctec
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May 20, 2016, 11:05:57 PM
 #524

Progress update

I'v been in contact with a developer of another coin. He's interested in implementing a basic form of Masternodes
for Crowncoin. This could be a great step for CRW and add long term stability to the network.

Why I think we need "Basic Masternodes"

Basic Masternodes are like Dash Masternodes but without coin mixing and transaction locking, basically just paid full nodes.
Miners and "Basic Masternodes" get a split of coinbase reward, thats it.

This hopefully will add many more full nodes to the network and improve security.

However, a bounty must be paid and funds must be raised by the community.

If Crowncoin's knights are willing to back this project, then please contact me


to run a masternode you don't need your wallet open. just a friendly reminder.

Well the "masternode" is separate to your actual wallet, the masternode sits on a VPS , always open and your usual wallet can be closed. Your usual wallet has nothing to do with your masternode wallet.

Unless you use your masternode wallet as your main wallet.
defunctec
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May 20, 2016, 11:08:22 PM
 #525

We are analyzing this and we would like to go ahead. Discussion with the dev going on right now.



Progress update

I'v been in contact with a developer of another coin. He's interested in implementing a basic form of Masternodes
for Crowncoin. This could be a great step for CRW and add long term stability to the network.

Why I think we need "Basic Masternodes"

Basic Masternodes are like Dash Masternodes but without coin mixing and transaction locking, basically just paid full nodes.
Miners and "Basic Masternodes" get a split of coinbase reward, thats it.

This hopefully will add many more full nodes to the network and improve security.

However, a bounty must be paid and funds must be raised by the community.

If Crowncoin's knights are willing to back this project, then please contact me


If the coin forks to have MasterNodes I'll run one.


Great to hear! I hope we can get some traction pretty soon
crowncoin_knight
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May 21, 2016, 07:41:46 AM
 #526

1. Not to get delisted from the main CRW echange, which is c cex is a priority for the coin currently - at least until volume does not pick up
2. We have been commited two years for this project and too much is at stake - CRW is a crypto project with a real idea for people to understand / able to relate - the symbol of the Crown....that is the main difference to other coins which are just impossible to understand to 99% of the population






Marketing - sure we need so e help here - any ideas jow to spread this around the btc community?


You could start by not presuming everyone here is a "guy"......

Sorry if my stating the obvious has offended you. Buying/selling your own orders is fine if it means keeping the coin listed, but doing it since day one only puts people off, & is why you had to do it. It's not that people don't care about the coin, it's that people don't like fake sales. It's easily noticed & drives traders away.

This is a good coin with great potential, but sometimes it's better to let the market do it's own thing - let it at least find it's natural level & gain a solid user base first before trying to manipulate the price too much. Try it, I'll be one of the first to come back if you do.

Good luck for the future.

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█████████████████████████████████████████   twitter  ██████████████████████ slack  ██████████████████████ ANN Thread  █████████████████████████████████████████
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e1ghtSpace
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May 22, 2016, 09:37:34 AM
 #527

Everyone should be buying CrownCoin if they know what is good for them Wink
Hey man,

Haven't seen you in a while. What coin did we both support before?
Eh can't remember.

Anyway, glad to see you here. Cheers.
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May 22, 2016, 09:55:01 AM
 #528

Everyone should be buying CrownCoin if they know what is good for them Wink
Hey man,

Haven't seen you in a while. What coin did we both support before?
Eh can't remember.

Anyway, glad to see you here. Cheers.

Noobkid graced us over in SPR  Tongue
crowncoin_knight
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May 23, 2016, 08:02:20 AM
 #529


Anybody else likes the masternode idea?  Wink

We are analyzing this and we would like to go ahead. Discussion with the dev going on right now.



Progress update

I'v been in contact with a developer of another coin. He's interested in implementing a basic form of Masternodes
for Crowncoin. This could be a great step for CRW and add long term stability to the network.

Why I think we need "Basic Masternodes"

Basic Masternodes are like Dash Masternodes but without coin mixing and transaction locking, basically just paid full nodes.
Miners and "Basic Masternodes" get a split of coinbase reward, thats it.

This hopefully will add many more full nodes to the network and improve security.

However, a bounty must be paid and funds must be raised by the community.

If Crowncoin's knights are willing to back this project, then please contact me


If the coin forks to have MasterNodes I'll run one.


.. 
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  MERGE MINING            THRONES            CORE UPDATES
█████████████████████████████████████████   twitter  ██████████████████████ slack  ██████████████████████ ANN Thread  █████████████████████████████████████████
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IconFirm
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May 23, 2016, 08:31:17 AM
 #530


Anybody else likes the masternode idea?  Wink


Will the coin still be merge-minable? If so, yes.

Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0
Do not trust Yobit/HitBTC/C-cex/Poloniex/WEX/KuCoin/LiveCoin scam exchanges or shady ICO's run by known scam companies like HashCoins/Ambisafe/Bountyhive etc - they WILL scam you!
Use due diligence & do research. Buy the coins, sell the coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
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May 23, 2016, 03:47:22 PM
 #531


Anybody else likes the masternode idea?  Wink


Will the coin still be merge-minable? If so, yes.

Yes absolutely, merged mining is a corner stone of Crowncoin and its security.

The only difference is 50% (yet to be decided) of coinbase reward will go to full node operators meaning merged mining will only generate half the coins it used to
and the other half going to masternodes.

In the long run the whole network should benefit from more full nodes and probably become much more valuable as a result, negating any losses in amount of crowncoin that are mined.

Hope you can stick around and run a couple of our proposed 'basic nodes'.

I'll start putting some figures together on excel to show the potential of this implementation  Grin
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May 23, 2016, 04:25:52 PM
 #532

I made a poll to get a better picture of what everyone would like to see

Please vote  Cool

https://bitcointalk.org/index.php?topic=1482502.msg14941115#msg14941115
IconFirm
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May 23, 2016, 04:30:44 PM
 #533


Anybody else likes the masternode idea?  Wink


Will the coin still be merge-minable? If so, yes.

Yes absolutely, merged mining is a corner stone of Crowncoin and its security.

The only difference is 50% (yet to be decided) of coinbase reward will go to full node operators meaning merged mining will only generate half the coins it used to
and the other half going to masternodes.


I think 50% is excessive. I also think that all mined blocks should have a percentage paid to masternodes, not just merge mined blocks. The majority of miners are merge mining CRW, so halving the reward for the majority seems a little unfair & is almost forcing them to run a masternode to earn the same amount. How about a percentage of Tx fees going to masternodes as well as a smaller % for every mined block?

Unofficial & Uncensored SYSCOIN thread: https://bitcointalk.org/index.php?topic=4748031.0
Do not trust Yobit/HitBTC/C-cex/Poloniex/WEX/KuCoin/LiveCoin scam exchanges or shady ICO's run by known scam companies like HashCoins/Ambisafe/Bountyhive etc - they WILL scam you!
Use due diligence & do research. Buy the coins, sell the coins - don't invest in stupid shit. If your questions aren't answered - don't touch it.
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May 23, 2016, 05:24:30 PM
 #534

Here's a quick look at the potential viability of Basic nodes

https://docs.google.com/spreadsheets/d/1x4KjbxtqGPKghajJb3scJBL6ED3B_CCBbYES6N6CR28/edit#gid=1746240759
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May 23, 2016, 05:28:51 PM
 #535


Anybody else likes the masternode idea?  Wink


Will the coin still be merge-minable? If so, yes.

Yes absolutely, merged mining is a corner stone of Crowncoin and its security.

The only difference is 50% (yet to be decided) of coinbase reward will go to full node operators meaning merged mining will only generate half the coins it used to
and the other half going to masternodes.


I think 50% is excessive. I also think that all mined blocks should have a percentage paid to masternodes, not just merge mined blocks. The majority of miners are merge mining CRW, so halving the reward for the majority seems a little unfair & is almost forcing them to run a masternode to earn the same amount. How about a percentage of Tx fees going to masternodes as well as a smaller % for every mined block?

Sorry, every block mined, regardless of merged mined, solo mined or pool mined will be split.

I personally feel the addition of Basic nodes will provide equal or more value to the network than mining does, therefor 50% seems fair.

But please vote on the poll, cheers

https://bitcointalk.org/index.php?topic=1482502.msg14941115#msg14941115
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May 24, 2016, 07:13:23 PM
 #536

Poll has been reset, please select 3 option from the list

https://bitcointalk.org/index.php?topic=1482502.msg14941115#msg14941115
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May 28, 2016, 11:41:43 AM
 #537

It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! Smiley

Poll has been reset, please select 3 option from the list

https://bitcointalk.org/index.php?topic=1482502.msg14941115#msg14941115

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  MERGE MINING            THRONES            CORE UPDATES
█████████████████████████████████████████   twitter  ██████████████████████ slack  ██████████████████████ ANN Thread  █████████████████████████████████████████
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infernoman
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May 31, 2016, 07:55:02 PM
 #538

It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! Smiley

Poll has been reset, please select 3 option from the list

https://bitcointalk.org/index.php?topic=1482502.msg14941115#msg14941115

Personally I don't support it at all. And there is no option for that.
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June 01, 2016, 08:23:37 AM
 #539

It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! Smiley

Poll has been reset, please select 3 option from the list

https://bitcointalk.org/index.php?topic=1482502.msg14941115#msg14941115

Personally I don't support it at all. And there is no option for that.

What would you suggest?

If the community isn't behind this 100%, i wont go along with it.
We need as many people as possible to be in support of masternodes for it to work.
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June 01, 2016, 02:56:43 PM
 #540

It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! Smiley

Poll has been reset, please select 3 option from the list

https://bitcointalk.org/index.php?topic=1482502.msg14941115#msg14941115

Personally I don't support it at all. And there is no option for that.

What would you suggest?

If the community isn't behind this 100%, i wont go along with it.
We need as many people as possible to be in support of masternodes for it to work.

The reason I don't support it fully is that, you already have merged mining support and from that you should be bringing in enough dedicated nodes. Try contacting some merge mining pools to get crw added. Possibly offer them a bounty to do so. But so far the crown network has been strong. It's mining that's the issue. And trying to solve a mining issue with more nodes, by bringing in masternodes doesn't affect that issue much, if at all.
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