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Author Topic: [ANN][CRW] CROWN (SHA256) | NEW UPDATE! | Experimental Commodity | Trons |  (Read 187714 times)
defunctec
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May 23, 2016, 04:25:52 PM
 #541

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

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May 23, 2016, 04:30:44 PM
 #542


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?

Do not trust Yobit scam exchange or shady ICO's run by known scam companies like HashCoins - they WILL steal from you. Beware of scammers & use due diligence, always research & ask questions.
defunctec
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May 23, 2016, 05:24:30 PM
 #543

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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defunctec
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May 23, 2016, 05:28:51 PM
 #544


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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defunctec
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May 24, 2016, 07:13:23 PM
 #545

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

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

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crowncoin_knight
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May 28, 2016, 11:41:43 AM
 #546

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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infernoman
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May 31, 2016, 07:55:02 PM
 #547

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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defunctec
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June 01, 2016, 08:23:37 AM
 #548

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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██████████████████████████████████   twitter  ███████████████████████ Mattermost  ███████████████████████ ANN Thread  ██████████████████████████████████
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June 01, 2016, 02:56:43 PM
 #549

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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defunctec
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June 01, 2016, 08:09:23 PM
 #550

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.

Merged mining has yet to contribute a large amount of full nodes to the network, from what i can tell we're currently running on bare bones full nodes.

I asked around at merged mining pools and the general response was "not enough liquidity/support".

Sorry what's the issue with mining?

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██████████████████████████████████   twitter  ███████████████████████ Mattermost  ███████████████████████ ANN Thread  ██████████████████████████████████
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infernoman
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June 02, 2016, 06:20:19 PM
 #551

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.

Merged mining has yet to contribute a large amount of full nodes to the network, from what i can tell we're currently running on bare bones full nodes.

I asked around at merged mining pools and the general response was "not enough liquidity/support".

Sorry what's the issue with mining?

Sorry to clarify myself a bit more, the issue is that there isn't enough people mining. And using masternodes to solve this issue doesn't affect it much if at all. If the mining pools say there isn't enough liquidity for them to dump. Provide some it doesn't have to be a LOT. But helping to provide liquidy on the market would be a good thing. Even setup a bot to do some legitimate buying/selling instead of faking the liquidity and buying/selling to yourself. Start with the smaller pools first. Ones that have multiple merged mining coins on the pool already. And would be easy for the operator of the pool to add CRW.

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█████████████████████████████████████████████████   twitter  ███████████████████████ slack  ███████████████████████ ANN Thread  █████████████████████████████████████████████████
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defunctec
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June 03, 2016, 11:54:42 AM
 #552

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.

Merged mining has yet to contribute a large amount of full nodes to the network, from what i can tell we're currently running on bare bones full nodes.

I asked around at merged mining pools and the general response was "not enough liquidity/support".

Sorry what's the issue with mining?

Sorry to clarify myself a bit more, the issue is that there isn't enough people mining. And using masternodes to solve this issue doesn't affect it much if at all. If the mining pools say there isn't enough liquidity for them to dump. Provide some it doesn't have to be a LOT. But helping to provide liquidy on the market would be a good thing. Even setup a bot to do some legitimate buying/selling instead of faking the liquidity and buying/selling to yourself. Start with the smaller pools first. Ones that have multiple merged mining coins on the pool already. And would be easy for the operator of the pool to add CRW.

Im not trying to solve any mining issues. Crowncoin has merged mining for that.
Im looking at the full node issue.

Getting more people to mine crown won't affect full node numbers much, adding basic nodes on the other hand will.

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██████████████████████████████████   twitter  ███████████████████████ Mattermost  ███████████████████████ ANN Thread  ██████████████████████████████████
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IconFirm
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June 03, 2016, 12:26:16 PM
 #553

I've been thinking about this, & the more I do, the more I'm inclined to agree with infernoman. PR & marketing is the real issue here, or lack of it.

Do not trust Yobit scam exchange or shady ICO's run by known scam companies like HashCoins - they WILL steal from you. Beware of scammers & use due diligence, always research & ask questions.
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June 03, 2016, 02:19:20 PM
 #554

I've been thinking about this, & the more I do, the more I'm inclined to agree with infernoman. PR & marketing is the real issue here, or lack of it.

I know because I'm dealing with the issue myself currently. I'm just trying to provide a bit of insight so that money isn't spent on efforts wasted. Which could also lead to a clouded code base if you have multiple dev's working on it. I don't want to push any buttons at all with anyone. Just trying to help where I can, since I know the team is still putting some effort in and they haven't abandoned the project. PR & marketing is a hard subject for sure. Just make sure to keep at it, and keep trying to find new things.

The reason I say it's a mining issue is that IF more pools add crw. More wallets will come online as well. the market liquidity will rise. And people may want to hold CRW as more of an asset.

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█████████████████████████████████████████████████   twitter  ███████████████████████ slack  ███████████████████████ ANN Thread  █████████████████████████████████████████████████
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defunctec
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June 03, 2016, 07:19:30 PM
 #555

I've been thinking about this, & the more I do, the more I'm inclined to agree with infernoman. PR & marketing is the real issue here, or lack of it.

I know because I'm dealing with the issue myself currently. I'm just trying to provide a bit of insight so that money isn't spent on efforts wasted. Which could also lead to a clouded code base if you have multiple dev's working on it. I don't want to push any buttons at all with anyone. Just trying to help where I can, since I know the team is still putting some effort in and they haven't abandoned the project. PR & marketing is a hard subject for sure. Just make sure to keep at it, and keep trying to find new things.

The reason I say it's a mining issue is that IF more pools add crw. More wallets will come online as well. the market liquidity will rise. And people may want to hold CRW as more of an asset.

More pools won't bring a substantial amount of full nodes. If every MM pool mined CRW it would add 20, max!

With masternodes (or whatever we call them) we could be looking at 250 full nodes within 6 months and 500 within 18 months.

We're currently talking to another developer of another coin to discuss adding masternodes.
He has his own thoughts on how masternodes should operate.

Once we have everything agreed, i'll come back to the community.
But until you can come up with a better idea to attract hundereds of full nodes, we're going to keep planning.

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██████████████████████████████████   twitter  ███████████████████████ Mattermost  ███████████████████████ ANN Thread  ██████████████████████████████████
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June 03, 2016, 07:33:10 PM
 #556


More pools won't bring a substantial amount of full nodes. If every MM pool mined CRW it would add 20, max!


That's not quite true - miners who use merge mined pools would more than likely have their own wallets also. If just one pool had 200 miners, then they would more than likely have a CRW wallet to withdraw their coins to. Times that by 20 (pools) & the number will be far more accurate. Also, p2pool users who merge mine CRW run full wallets.


With masternodes (or whatever we call them) we could be looking at 250 full nodes within 6 months and 500 within 18 months.


Where are you getting this info from?


But until you can come up with a better idea to attract hundereds of full nodes, we're going to keep planning.


We did. More PR & marketing. Get the word out there.

ED: I also think you shaoul add the option in the poll to say no to masternodes (or whatever you want to call them).

Do not trust Yobit scam exchange or shady ICO's run by known scam companies like HashCoins - they WILL steal from you. Beware of scammers & use due diligence, always research & ask questions.
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June 03, 2016, 11:10:24 PM
 #557


More pools won't bring a substantial amount of full nodes. If every MM pool mined CRW it would add 20, max!


That's not quite true - miners who use merge mined pools would more than likely have their own wallets also. If just one pool had 200 miners, then they would more than likely have a CRW wallet to withdraw their coins to. Times that by 20 (pools) & the number will be far more accurate. Also, p2pool users who merge mine CRW run full wallets.


With masternodes (or whatever we call them) we could be looking at 250 full nodes within 6 months and 500 within 18 months.


Where are you getting this info from?


But until you can come up with a better idea to attract hundereds of full nodes, we're going to keep planning.


We did. More PR & marketing. Get the word out there.

ED: I also think you shaoul add the option in the poll to say no to masternodes (or whatever you want to call them).

1. Most pool miners won't have a Crowncoin wallet open 24/7/365. Most will send coins straight to an exchange to sell and will never see a qt wallet.
    We need full nodes that are active all day, all year and their sole purpose to be a full node.
    Dash has around 4000 full nodes right now thanks to masternodes. No amount of MM will ever get us to anywhere near 400 let alone 4000.

2. It's speculation. Based on relative comparable marketcap (bitcredits) has a marketcap of $40k and has 250 'basenodes'.
    This is achievable within 6months imo.

3. Again, no matter how much advertising or promo we do, we'll never get the results masternodes will provide.


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crowncoin_knight
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June 04, 2016, 03:11:28 PM
 #558

Hi Infernoman!

Thank you very much for your opinion - I really appreciate it since you are one of the first guys here on this discussion. We are now 70pct inclined towards supernodes for several reasons. I think that crowncoin needs to get out of bitcoin shadow and look for inspiration in other sucessful projects like dash and ethereum. In the long term - bitcoin will be killed by chinese mining pools and we have to learn from its mistakes and be open for new progressive ideas - so the network is not controled by huge pools - but several thousand supernode operators - this is a move towards a more democratic and secure network!

1. Can you imagine you would run a supernode when this gets implemented?

I've been thinking about this, & the more I do, the more I'm inclined to agree with infernoman. PR & marketing is the real issue here, or lack of it.

I know because I'm dealing with the issue myself currently. I'm just trying to provide a bit of insight so that money isn't spent on efforts wasted. Which could also lead to a clouded code base if you have multiple dev's working on it. I don't want to push any buttons at all with anyone. Just trying to help where I can, since I know the team is still putting some effort in and they haven't abandoned the project. PR & marketing is a hard subject for sure. Just make sure to keep at it, and keep trying to find new things.

The reason I say it's a mining issue is that IF more pools add crw. More wallets will come online as well. the market liquidity will rise. And people may want to hold CRW as more of an asset.

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IconFirm
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June 04, 2016, 05:01:58 PM
 #559

The individual under this nickname - iconfirm is a former knight who left the project. He is now very upset he left the project - because he acts before thinking...

Also, he left for a project which wants to integrate crowncoin......and supernodes is a feature that would potentially threaten this integration.

This is the reason why he is against everything the knights decide to do. But he has 0 influence on further development now

Just to be sure everyone here is aware of this fact.


More pools won't bring a substantial amount of full nodes. If every MM pool mined CRW it would add 20, max!


That's not quite true - miners who use merge mined pools would more than likely have their own wallets also. If just one pool had 200 miners, then they would more than likely have a CRW wallet to withdraw their coins to. Times that by 20 (pools) & the number will be far more accurate. Also, p2pool users who merge mine CRW run full wallets.


With masternodes (or whatever we call them) we could be looking at 250 full nodes within 6 months and 500 within 18 months.


Where are you getting this info from?


But until you can come up with a better idea to attract hundereds of full nodes, we're going to keep planning.


We did. More PR & marketing. Get the word out there.

ED: I also think you shaoul add the option in the poll to say no to masternodes (or whatever you want to call them).

What?  Cheesy

First of all - "he" is a "she" as I explained to you earlier.

Secondly, I was & have never been involved in this project. I do however mine it & have done since the coins launch & still run 2 full nodes 24/7.

Thirdly:

Also, he left for a project which wants to integrate crowncoin.

Did I?  Please tell me which project that would be, as I'm not aware of being involved in any projects whatsoever, including this one.

Lastly - asking for the option in your poll to not have masternodes can hardly be described as "against everything the knights decide to do."

I'm a bit confused by your statements actually, & your reasons for posting such untruths.

But hey, it's your coin, do what you want with it.

Do not trust Yobit scam exchange or shady ICO's run by known scam companies like HashCoins - they WILL steal from you. Beware of scammers & use due diligence, always research & ask questions.
IconFirm
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June 04, 2016, 08:26:26 PM
 #560

On ignore you go - put a skirt on tonight  Wink a cheap trick in the cryptocurrency world

That's fine.

Thank you for the detailed & mature explanation.

Do not trust Yobit scam exchange or shady ICO's run by known scam companies like HashCoins - they WILL steal from you. Beware of scammers & use due diligence, always research & ask questions.
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