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crowncoin_knight
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May 20, 2016, 11:57:26 AM
Last edit: May 20, 2016, 12:24:46 PM by crowncoin_knight |
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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
Legendary
 Offline
Activity: 1764
Merit: 1022
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May 20, 2016, 12:30:55 PM |
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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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IconFirm
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May 20, 2016, 12:40:17 PM |
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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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defunctec
Legendary
Offline
Activity: 1092
Merit: 1000
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May 20, 2016, 11:05:57 PM |
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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. |
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defunctec
Legendary
Offline
Activity: 1092
Merit: 1000
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May 20, 2016, 11:08:22 PM |
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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 |
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crowncoin_knight
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May 21, 2016, 07:41:46 AM
Last edit: November 19, 2016, 11:19:43 AM by crowncoin_knight |
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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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e1ghtSpace
Legendary
Offline
Activity: 1526
Merit: 1001
Crypto since 2014
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May 22, 2016, 09:37:34 AM |
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Everyone should be buying CrownCoin if they know what is good for them  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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defunctec
Legendary
Offline
Activity: 1092
Merit: 1000
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May 22, 2016, 09:55:01 AM |
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Everyone should be buying CrownCoin if they know what is good for them 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  |
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crowncoin_knight
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May 23, 2016, 08:02:20 AM |
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Anybody else likes the masternode idea? 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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IconFirm
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May 23, 2016, 08:31:17 AM |
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Anybody else likes the masternode idea? Will the coin still be merge-minable? If so, yes. |
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defunctec
Legendary
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Activity: 1092
Merit: 1000
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May 23, 2016, 03:47:22 PM |
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Anybody else likes the masternode idea? 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  |
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IconFirm
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May 23, 2016, 04:30:44 PM |
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Anybody else likes the masternode idea? 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? |
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defunctec
Legendary
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Activity: 1092
Merit: 1000
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May 23, 2016, 05:24:30 PM |
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defunctec
Legendary
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Activity: 1092
Merit: 1000
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May 23, 2016, 05:28:51 PM |
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Anybody else likes the masternode idea? 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
Legendary
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Activity: 1092
Merit: 1000
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May 24, 2016, 07:13:23 PM |
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crowncoin_knight
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May 28, 2016, 11:41:43 AM |
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It would be good if more people here could share their opinion on the distribution share to supernode operators and vote!  |
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infernoman
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Activity: 964
Merit: 1000
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May 31, 2016, 07:55:02 PM |
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It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! Personally I don't support it at all. And there is no option for that. |
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defunctec
Legendary
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Activity: 1092
Merit: 1000
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June 01, 2016, 08:23:37 AM |
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It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! 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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infernoman
Legendary
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Activity: 964
Merit: 1000
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June 01, 2016, 02:56:43 PM |
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It would be good if more people here could share their opinion on the distribution share to supernode operators and vote! 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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