Bitcoin Forum
January 25, 2021, 03:08:37 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 [188] 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 ... 264 »
  Print  
Author Topic: [ANN][CRW] CROWN (MN-PoS) | Platform | NFT framework | Governance | Masternodes  (Read 315257 times)
crowncoin_knight
Hero Member
*****
Offline Offline

Activity: 802
Merit: 500


View Profile WWW
November 05, 2017, 06:37:47 AM
 #3741

I submit proposal!

U pay me post crw in other forum?

I good market person!

Super moon I have plan!

Good to see you back sitonmythrone  Wink

1611587317
Hero Member
*
Offline Offline

Posts: 1611587317

View Profile Personal Message (Offline)

Ignore
1611587317
Reply with quote  #2

1611587317
Report to moderator
1611587317
Hero Member
*
Offline Offline

Posts: 1611587317

View Profile Personal Message (Offline)

Ignore
1611587317
Reply with quote  #2

1611587317
Report to moderator
1611587317
Hero Member
*
Offline Offline

Posts: 1611587317

View Profile Personal Message (Offline)

Ignore
1611587317
Reply with quote  #2

1611587317
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
higherbridge
Newbie
*
Offline Offline

Activity: 83
Merit: 0


View Profile
November 05, 2017, 01:24:21 PM
 #3742

I submit proposal!

U pay me post crw in other forum?

I good market person!

Super moon I have plan!

Good to see you back sitonmythrone  Wink

Wow that was *almost* a coherent message  Shocked
excludedcub
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
November 05, 2017, 02:49:51 PM
 #3743

Really hope your project will succeed !
sabinebile
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
November 05, 2017, 03:58:46 PM
 #3744

Need Spanish translation?
crowncoin_knight
Hero Member
*****
Offline Offline

Activity: 802
Merit: 500


View Profile WWW
November 05, 2017, 06:07:36 PM
 #3745

Need Spanish translation?

Our Spanish Ambassador vic is working on it now, but thanks  Wink

reffi
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


View Profile
November 05, 2017, 09:12:45 PM
 #3746

Hello sir, I would like to purchase 2 systemnodes for 1000 crw.  I want to know how much income it can generate per month?
urban_idler
Member
**
Offline Offline

Activity: 87
Merit: 10


View Profile
November 06, 2017, 06:30:05 AM
 #3747

Hello sir, I would like to purchase 2 systemnodes for 1000 crw.  I want to know how much income it can generate per month?

The rewards for an individual system node will be a function of the total number of system nodes -- so one can't make a precise prediction.

With each block, a system node will randomly be selected as "leader" for the that block and that system node will receive a 0.9 CRW reward.   Blocks currently complete about once a minute.

There are 1440 minutes in a day (24 x 60) and very close to 1440 blocks per day.  So each day, the system nodes on the system will receive 1440 different 0.9 CRW rewards for a total of 1296 CRW going to system nodes per day.

And then this is where the math starts to get interesting -- because masternodes require 20x the collateral as system nodes, but receive only 5x the reward of a system node.  Masternodes get 4.5 CRW per block...  and there are currently about 1,200 masternodes. 

Now, if VPS or compute were free and governance voting weren't an "economic asset" -- in a network with the reward and collateral structure proposed for CRW, the equilibrium between the return on masternodes and system nodes is that if there are "X" masternodes, then you would have 4*X system nodes...  in other words -- if 1,200 masternodes stay up, then the return on system nodes will be higher than the return on masternodes until there are around 4,800 system nodes in a zero VPS/compute cost world...  in the real world the return breakeven will depend on the cost of your VPS -- but the equilibrium is probably around 3x as many system nodes as masternodes.

Why more system nodes?
1. In the long term, system nodes should be able to do a lot of grunt work for the network -- so you want more capacity and diversity, more numbers in this layer... and you need to set it up the way you want it when you start, not later.
2. More people have the ability to own smaller stakes, so in terms of building and engaging the community -- you want to have more seats at the smaller collateral level, as way for people to start and get to know the community and think about how they can add value to the network -- what ideas they would like to propose or contribute.

Or that's the way I think of it.  Others may explain it differently.
higherbridge
Newbie
*
Offline Offline

Activity: 83
Merit: 0


View Profile
November 06, 2017, 06:33:37 AM
 #3748

Hello sir, I would like to purchase 2 systemnodes for 1000 crw.  I want to know how much income it can generate per month?

Hi,
A few weeks ago, this was posted:

Here's a spreadsheet showing the number of CRW a single Systemnode can expect to earn for a given number of Systemnodes on the network.

I suspect that Trons will start to receive a higher reward again after a few thousand SNs have been set up although its impossible to estimate exactly when.  This will be near to our first Zuck Equilibrium!

https://drive.google.com/file/d/0B_xNpVnMJrIhSGxHRXAtcDljWnc/view?usp=sharing

It's difficult to estimate how many Systemnodes there'll be - and it also depends on the cost of your VPS. Maybe http://crown.today or http://crowncentral.net will have more accurate statistics in the future Smiley
stonehedge
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Decentralize Everything


View Profile WWW
November 06, 2017, 11:43:24 AM
 #3749

Hello sir, I would like to purchase 2 systemnodes for 1000 crw.  I want to know how much income it can generate per month?

The rewards for an individual system node will be a function of the total number of system nodes -- so one can't make a precise prediction.

With each block, a system node will randomly be selected as "leader" for the that block and that system node will receive a 0.9 CRW reward.   Blocks currently complete about once a minute.

There are 1440 minutes in a day (24 x 60) and very close to 1440 blocks per day.  So each day, the system nodes on the system will receive 1440 different 0.9 CRW rewards for a total of 1296 CRW going to system nodes per day.

And then this is where the math starts to get interesting -- because masternodes require 20x the collateral as system nodes, but receive only 5x the reward of a system node.  Masternodes get 4.5 CRW per block...  and there are currently about 1,200 masternodes. 

Now, if VPS or compute were free and governance voting weren't an "economic asset" -- in a network with the reward and collateral structure proposed for CRW, the equilibrium between the return on masternodes and system nodes is that if there are "X" masternodes, then you would have 4*X system nodes...  in other words -- if 1,200 masternodes stay up, then the return on system nodes will be higher than the return on masternodes until there are around 4,800 system nodes in a zero VPS/compute cost world...  in the real world the return breakeven will depend on the cost of your VPS -- but the equilibrium is probably around 3x as many system nodes as masternodes.

Why more system nodes?
1. In the long term, system nodes should be able to do a lot of grunt work for the network -- so you want more capacity and diversity, more numbers in this layer... and you need to set it up the way you want it when you start, not later.
2. More people have the ability to own smaller stakes, so in terms of building and engaging the community -- you want to have more seats at the smaller collateral level, as way for people to start and get to know the community and think about how they can add value to the network -- what ideas they would like to propose or contribute.

Or that's the way I think of it.  Others may explain it differently.


Precisely correct.
vic_crown
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
November 06, 2017, 11:46:15 AM
 #3750

Hello, next tuesday 14th Crown team will be attending a conference in Madrid about Bitcoin and Cryptocurrencies by Adriá Aguadé. Hope to meet good people there and make some first contacts to inform about Crown possibilities. info about the conference here
crowncoin_knight
Hero Member
*****
Offline Offline

Activity: 802
Merit: 500


View Profile WWW
November 06, 2017, 02:54:02 PM
 #3751

Hello, next tuesday 14th Crown team will be attending a conference in Madrid about Bitcoin and Cryptocurrencies by Adriá Aguadé. Hope to meet good people there and make some first contacts to inform about Crown possibilities. info about the conference here

Great Vic, make sure you coordinate with our Latin American team, which should be in Madrid as well during these dates  Wink

marcellinuswiray
Member
**
Offline Offline

Activity: 124
Merit: 10


View Profile
November 06, 2017, 03:07:01 PM
 #3752

#Systemnodes are finished. Updating links. Stayed tuned for the official announcement. $CRW #masternode

stonehedge
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Decentralize Everything


View Profile WWW
November 06, 2017, 03:49:13 PM
Last edit: November 06, 2017, 04:15:41 PM by stonehedge
 #3753

PLEASE DISREGARD THE UPDATE ANNOUNCEMENT AND REMAIN ON PREVIOUS VERSION

A significant bug in the wallet has been found that affects masternodes.  We will be re issuing the release very soon.
BanzaiBTC
Legendary
*
Offline Offline

Activity: 1526
Merit: 1002


Chipcoin Developer


View Profile WWW
November 06, 2017, 04:25:42 PM
 #3754

A significant bug in the wallet has been found that affects masternodes.  We will be re issuing the release very soon.

Please notify me through PM when you have the update ready so I can update my explorer..
stonehedge
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Decentralize Everything


View Profile WWW
November 06, 2017, 04:32:43 PM
 #3755

A significant bug in the wallet has been found that affects masternodes.  We will be re issuing the release very soon.

Please notify me through PM when you have the update ready so I can update my explorer..

Will do mate.  Thanks for checking by.

Its not looking like a major problem so won't be long.
sitonmythrone
Full Member
***
Offline Offline

Activity: 180
Merit: 100


View Profile
November 06, 2017, 10:05:02 PM
 #3756

Is there minimum investment in the ICO?

this no ico

u not read!

crw led dev big brain

u small brain miss SUPER MOON!

Send SPR Dev Jail NOW
Sh1fty88
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
November 07, 2017, 07:37:51 AM
 #3757

A significant bug in the wallet has been found that affects masternodes.  We will be re issuing the release very soon.

Please notify me through PM when you have the update ready so I can update my explorer..

Will do mate.  Thanks for checking by.

Its not looking like a major problem so won't be long.

Can someone give an update on this bug?

The new wallet is still not available.
Sh1fty88
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
November 07, 2017, 09:18:57 AM
 #3758

You can think about how successful the project is. I hold the reservations and hope that the project will succeed!


Ofcourse we hope it will succeed but the lack of communications is pretty concerning.

They could at least place an update every 12 hours or so.
Takes about 2 minutes and keeps the people from guessing whats going on.
crowncoin_knight
Hero Member
*****
Offline Offline

Activity: 802
Merit: 500


View Profile WWW
November 07, 2017, 09:25:43 AM
 #3759

You can think about how successful the project is. I hold the reservations and hope that the project will succeed!


Ofcourse we hope it will succeed but the lack of communications is pretty concerning.

They could at least place an update every 12 hours or so.
Takes about 2 minutes and keeps the people from guessing whats going on.

Updates are done very often in our chat mm.crownlab.eu

Maybe join to stay up to date man  Wink

Sh1fty88
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
November 07, 2017, 09:32:20 AM
 #3760

You can think about how successful the project is. I hold the reservations and hope that the project will succeed!


Ofcourse we hope it will succeed but the lack of communications is pretty concerning.

They could at least place an update every 12 hours or so.
Takes about 2 minutes and keeps the people from guessing whats going on.

Updates are done very often in our chat mm.crownlab.eu

Maybe join to stay up to date man  Wink

So, they post on this forum that there is a problem with the new update.
It would be more then reasonable to keep the people posted on progress on that platform.

Its useless to post half the information...
Pages: « 1 ... 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 [188] 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 ... 264 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!