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

[defunctec]

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[stonehedge]

We will be offering staking very soon so this could be of use to quite a few of our users.

So will you be switching to a POW/POS with the same block rewards or is it going to faze out POW and switch to POS only?

I'm sure you're sick of this by now, but we are proposing a mysterious third way of operating.

Initially, we will have a merge mined sha256 pow/pos hybrid in order to liven up the chronos layer but our plan is to move to a completely new consensus algorithm that removes the need for PoW altogether.

We're really close to being able to be less cloak and dagger about our mysterious consensus algorithm.  We're just determined to be first to market.  When we're in testnet, that'll be when we spill the beans and open ourselves up to public academic rigour.

In reference to your question about whether block rewards will remain the same, the answer is no.  In the future, when we no longer have PoW, we will have 90% of the block reward to share between Trons and Chronos, with the other 10% being the governance fund. No decisions have been made at this time as to the split.  At the appropriate time, a proposal (or proposals) will be created for the community to vote on.

[peterpan33]

Hey Guys,

I got myself interested in Masternodes and especially in Throne's Therefore i bought 20 k Crown's and rented 2 VPS with the will to setup two Throne's.
Sadly after trying it for a couple of hours i can't get it running. I was using the youtube video first ( https://www.youtube.com/watch?v=lQMaElvCBdA ) but got stuck with a command which was not recognized. After that, i reset my VPS and was using this guide ( https://docs.google.com/document/d/1fNLdjl6dsPKzMfClZN5NL96-Ekbre9zZJ7s9A1rVIh4/edit ) for Ubuntu 16.04 ( which is the os of my VPS ).
I executed the script with the "throne genkey" on the VPS but it looks like the Wallet isn't synchronizing because the amount of blocks stays at zero.

Also in the first steps with executing the command "throne outputs" i don't recieve any String, only two brackets { }

It would be awesome if you got me a hint or two in the right direction.
Looking forward and thanks in advance

[JShade5]

Hey Guys,

I got myself interested in Masternodes and especially in Throne's Therefore i bought 20 k Crown's and rented 2 VPS with the will to setup two Throne's.
Sadly after trying it for a couple of hours i can't get it running. I was using the youtube video first ( https://www.youtube.com/watch?v=lQMaElvCBdA ) but got stuck with a command which was not recognized. After that, i reset my VPS and was using this guide ( https://docs.google.com/document/d/1fNLdjl6dsPKzMfClZN5NL96-Ekbre9zZJ7s9A1rVIh4/edit ) for Ubuntu 16.04 ( which is the os of my VPS ).
I executed the script with the "throne genkey" on the VPS but it looks like the Wallet isn't synchronizing because the amount of blocks stays at zero.

Also in the first steps with executing the command "throne outputs" i don't recieve any String, only two brackets { }

It would be awesome if you got me a hint or two in the right direction.
Looking forward and thanks in advance

Join the mattersmost group. I also bought a node today lol. Crown has extremely talented devs and big things coming. Atomic paper is coming out tomorrow

[defunctec]

Hey Guys,

I got myself interested in Masternodes and especially in Throne's Therefore i bought 20 k Crown's and rented 2 VPS with the will to setup two Throne's.
Sadly after trying it for a couple of hours i can't get it running. I was using the youtube video first ( https://www.youtube.com/watch?v=lQMaElvCBdA ) but got stuck with a command which was not recognized. After that, i reset my VPS and was using this guide ( https://docs.google.com/document/d/1fNLdjl6dsPKzMfClZN5NL96-Ekbre9zZJ7s9A1rVIh4/edit ) for Ubuntu 16.04 ( which is the os of my VPS ).
I executed the script with the "throne genkey" on the VPS but it looks like the Wallet isn't synchronizing because the amount of blocks stays at zero.

Also in the first steps with executing the command "throne outputs" i don't recieve any String, only two brackets { }

It would be awesome if you got me a hint or two in the right direction.
Looking forward and thanks in advance

First off, you must send exactly 10,000 CRW to an empty public address(within your wallet on your PC). Once you do this, it SHOULD produce an output in the console using

throne outputs

If you want, i can take alook at your VPS for you... Or we can go through this on mattermost

mm.crownlab.eu

[defunctec]

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-CrownAtomic-


Proposed ETA
01/09/2017

HomePage


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On Aug 01, 2017 the Crown team plan to have features described bellow in testnet.

Sep 01, 2017 the Crown Project plans to release an update of the core network software which will turn on two new op_codes for applications to use in connecting with the network and encrypted messaging.  
With this release, the project takes another step toward becoming a distributed organization.


With the base finally set, the core team will introduce three proposals for the community to review and vote on:

1. Application Layer Development

Using the affordances given by the new op_key and op_meta opcodes, we propose building a system in which Trons are able to acquire an API key by agreeing to a comply by the relevant laws where the tron is operated and also having the required collateral.  This API key will allow the Tron to then register services with the Tron’s Wallet address.  Subscribers to a service would pay subscription fees for a service, and would receive a service token through the encrypted messaging capability on the platform.  The user would then be able to use that token to log in to the service which they had subscribed to.  Subscribers would access applications through a browser and URL.

2. Chronos: Timekeeping and Proof of Stake

In order to increase the capacity of the network, better time granularity is required.  We also believe that since traditional networks have different sorts of nodes and servers, it is important for cryptographic networks to evolve beyond a single server type.   For both of these reason we propose a service node which provides timekeeping services to the Crown Network, and we are calling this Chronos.  To incent the creation of these timekeeping service nodes, we will also introduce a staking algorithm, so that Chronos node operators will be able to stake between 100 to 500 CRW on each Chronos node.  The goal is for the Chronos nodes to, like the Trons with their potential to enable an application economy, to also have their own self-sustaining business model which allows for income beyond the period of the block reward.  Because the Chronos nodes will allow acceleration of the network, a portion of this should be able to come from the transaction fee – but we have also already been approached by other services who would be interested in subscribing to a timekeeping service – which makes sense – so the timekeeping service itself is expected to also be another application which can be subscribed to through the network.  This would be an example of a “utility application” which all Trons would offer, and where most (90%+) of the revenues for the service would probably be passed directly to a pool to pay the Chronos nodes.

3. Consensus Mechanism:

Chaositec doesn’t want to talk about this yet, but...  The combination of the consensus mechanism and the greater time granularity will allow the Crown Network to accelerate processing times and capacity once these updates are in place.

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We are in the process of developing formal white papers to discuss the details behind each of these development proposals.  As stated before – none of these features on its own is new.  That’s what’s nice about the ideas.  What’s new is the combination and exactly how we will bring the different pieces together.  The simplicity of what we envision is both its strength and weakness.  Complexity is not secure – but simplicity in open source can be easily copied.
At this point we are far enough along that we do not believe there is any risk to starting to discuss the plan more openly.  If someone else can build it faster from this point – it is our fault for dawdling.

We are calling this set of three different proposals Crown Atomic, because (a) if it works it will blow away the capabilities of other crypto projects by adding both an extensible compute layer and transaction capacity closer to the level of the Paypal network in the next update of the Crown Core scheduled for November 2017, (b) in a perfect world we would have perfect time granularity and transactions would be coming through one by one, an atomic transaction stream instead of blocks – but we know the world isn’t perfect.

As stated before, the goal of the project are to do nothing less than providing a distributed and resilient foundation for business and modern life which is built around individuals and with the goal of maximizing their ability to act or human agency.  Between the sincere technology vision and the constructive social goal – we think this is a project a lot of people might be interested in working with or being a part of.  If you want to help out – feel free to join the Mattermost (mm.crwonlab.eu) and let us know how you want to get involved.

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More Information

Website
Crown.Tech

Chat Room
Mattermost

Wiki
Crown Wiki

Tron Management
CrownCentral

Block Explorer
Crown Block Explorer

[tabithaz]

Throne monitor server will be updating today guys, so expect some interruptions in service. Everything should just smooth out when it's done though, so will keep you updated 

Great news, looking forward to that calnaughtonjnr

great news has a great history behind this.....

[motorhead89]

Crown Atomic? .....I better get more Crown while they are affordable! 

[defunctec]

The Crown team and community are making progress with tutorial videos.

Here are a few already made.

How to: Crown Wallet

How to: Buying Crown Tokens

Explained: Crown Proposal System

[themattblack]

Hi,

@twister, @wzd383 and myself (@mattblack on mm.crownloab.eu) have created the first proposal.

Proposal: Crown Tutorial Video series, v2.0.

To view the progress and a link to the document of the proposal, open your console in the crown-qt wallet and type:

Code:

mnbudget show

The name of the proposal in the network is:

Code:

crowntutorialsV2

To vote on our proposal, you will need one or more Trons.
If you have one Tron, vote with the following command:

Code:

mnbudget vote f7af26fdd1a8438deccc64160b6ce94bb7758f847df76bb333f64d03153d3bbf [yes OR no]

If you have several Trons, vote with the following command:

Code:

mnbudget vote-many f7af26fdd1a8438deccc64160b6ce94bb7758f847df76bb333f64d03153d3bbf [yes OR no]

Feedback is welcome, and please vote with your Trons!

[defunctec]

First proposal! Go VOTE

[PROPOSAL]

   "crowntutorialsV2" : {
        "Name" : "crowntutorialsV2",
        "URL" : "bit.ly/crownproposal",
        "Hash" : "f7af26fdd1a8438deccc64160b6ce94bb7758f847df76bb333f64d03153d3bbf",
        "BlockStart" : 1425600,
        "BlockEnd" : 1490400,
        "TotalPaymentCount" : 1,
        "RemainingPaymentCount" : 1,
        "PaymentAddress" : "18E7mvMgnZoooEGEsVt512CyFcYQhRSGS3",
        "TotalPayment" : 5000.00000000,
        "MonthlyPayment" : 5000.00000000,
        "IsEstablished" : false,
        "IsValid" : true,
    }
    }

[crowncoin_knight]

Hi,

@twister, @wzd383 and myself (@mattblack on mm.crownloab.eu) have created the first proposal.

Proposal: Crown Tutorial Video series, v2.0.

To view the progress and a link to the document of the proposal, open your console in the crown-qt wallet and type:

Code:

mnbudget show

The name of the proposal in the network is:

Code:

crowntutorialsV2

To vote on our proposal, you will need one or more Trons.
If you have one Tron, vote with the following command:

Code:

mnbudget vote f7af26fdd1a8438deccc64160b6ce94bb7758f847df76bb333f64d03153d3bbf [yes OR no]

If you have several Trons, vote with the following command:

Code:

mnbudget vote-many f7af26fdd1a8438deccc64160b6ce94bb7758f847df76bb333f64d03153d3bbf [yes OR no]

Feedback is welcome, and please vote with your Trons!

Great to see the first proposal up for voting! I voted, everything works perfect, looking forward!

[themattblack]

First Crown proposal added to OP 

[PROPOSAL]
https://i.imgur.com/85ohdnt.png

   "crowntutorialsV2" : {
        "Name" : "crowntutorialsV2",
        "URL" : "[Suspicious link removed]/crownproposal",
        "Hash" : "f7af26fdd1a8438deccc64160b6ce94bb7758f847df76bb333f64d03153d3bbf",
        "BlockStart" : 1425600,
        "BlockEnd" : 1490400,
        "TotalPaymentCount" : 1,
        "RemainingPaymentCount" : 1,
        "PaymentAddress" : "18E7mvMgnZoooEGEsVt512CyFcYQhRSGS3",
        "TotalPayment" : 5000.00000000,
        "MonthlyPayment" : 5000.00000000,
        "IsEstablished" : false,
        "IsValid" : true,
    }

Thanks!

[stonehedge]

First Crown proposal added to OP 

[PROPOSAL]

   "crowntutorialsV2" : {
        "Name" : "crowntutorialsV2",
        "URL" : "[Suspicious link removed]/crownproposal",
        "Hash" : "f7af26fdd1a8438deccc64160b6ce94bb7758f847df76bb333f64d03153d3bbf",
        "BlockStart" : 1425600,
        "BlockEnd" : 1490400,
        "TotalPaymentCount" : 1,
        "RemainingPaymentCount" : 1,
        "PaymentAddress" : "18E7mvMgnZoooEGEsVt512CyFcYQhRSGS3",
        "TotalPayment" : 5000.00000000,
        "MonthlyPayment" : 5000.00000000,
        "IsEstablished" : false,
        "IsValid" : true,
    }

How long is voting open for? Away from my wallet for at least a week.

Thanks!

[defunctec]

First Crown proposal added to OP 

[PROPOSAL]

   "crowntutorialsV2" : {
        "Name" : "crowntutorialsV2",
        "URL" : "[Suspicious link removed]/crownproposal",
        "Hash" : "f7af26fdd1a8438deccc64160b6ce94bb7758f847df76bb333f64d03153d3bbf",
        "BlockStart" : 1425600,
        "BlockEnd" : 1490400,
        "TotalPaymentCount" : 1,
        "RemainingPaymentCount" : 1,
        "PaymentAddress" : "18E7mvMgnZoooEGEsVt512CyFcYQhRSGS3",
        "TotalPayment" : 5000.00000000,
        "MonthlyPayment" : 5000.00000000,
        "IsEstablished" : false,
        "IsValid" : true,
    }

How long is voting open for? Away from my wallet for at least a week.

Thanks!

I would say 6 - 7 days remaining

Current Block = 1415481
Proposal SuperBlock = 1425600

@

1,440 Blocks per day'ish

[msada777]

I've just updated to the latest version (120061) and verified I'm on the correct chain.  But when I try to do a "throne start", I get:

Not capable throne: Could not connect to 51.254.131.226:9340

I verified that I can actually telnet to this IP and port (besides I've not changed anything on the server except for updating the client).  What is the issue here?

Hey domob - great to see you are setting up thrones, I am sure the guys here will try to figure out what the problem might be  

Take care

excellent effort of all these guys if they have great interest like this..

[defunctec]

Second proposal is here VOTE VOTE VOTE

[PROPOSAL]

"wiki-crew-JUN2017" : {
        "Name" : "wiki-crew-JUN2017",
        "URL" : "http://op.crownlab.eu/projects/crown-atomic/wiki/wiki-crew",
        "Hash" : "d0f21b1916972aa909534691d8deb7b76f80c40dfd7584023093085931cbcdc0",
        "BlockStart" : 1425600,
        "BlockEnd" : 1490400,
        "TotalPaymentCount" : 1,
        "PaymentAddress" : "1BRkDtVFxtLAtgh9dNXAQGa5jUHvxDUrGg",
        "TotalPayment" : 3333.00000000,
        "MonthlyPayment" : 3333.00000000,
        "IsEstablished" : false,
        "IsValid" : true,
    }

[defunctec]

Thanks to Calnaughtonjr for making a Chrome extension, it shows the price of Crown in several currencies and has links to helpful websites.

Crown Price Ticker

[ALCTEC]

I feel this coin is incredibly undervalued right now

[controlhosting]

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