[ANN] CRAVE 1st POS Masternodes | Dark Assets | I2P | Market =Embrace The Dark=

[megadestruct61]

Uh dev, I got a question. On the roadmap for Urge it says "user created and operated" does this mean the investors or node holders are suppose to make the dark market/site/sites/auctions or what? This definitely needs some clarification. Because if thats the case someone with enough expertise needs to get started on it now. The coin is only going to do good and stay consistent if it has practical use to give it value. I hope you actually have a plan to make it yourself with a few helpers because people arent going to make the market for you, aside from a very few ambitious people that would actually try.

 ICM hi! Question this guy miss and he's lost in previous pages

Its self-serve.  The people who want to own a market put up 10k coins as collateral and set it up themselves.  Then vendors can create listings in the market.

So whats stopping anyone from creating a market/forum that accepts crave in return for products and services with a middle man handling the crave? No need for 10,000 coin collateral. And if no one decides to create a market then this coin effectively fails, this doesnt make sense to me. Your roadmap is made with the assumption that someone is going to create this "URGE market" and follow your roadmap 2 to set it up.

 the way the feds like to close down "dark markets" it will just be a matter of time before people will see the benefit of having their markets on the Blockchain

Yep this is why this coin could be revolutionary.  Its near impossible to stop a blockchain.

[woozii]

Uh dev, I got a question. On the roadmap for Urge it says "user created and operated" does this mean the investors or node holders are suppose to make the dark market/site/sites/auctions or what? This definitely needs some clarification. Because if thats the case someone with enough expertise needs to get started on it now. The coin is only going to do good and stay consistent if it has practical use to give it value. I hope you actually have a plan to make it yourself with a few helpers because people arent going to make the market for you, aside from a very few ambitious people that would actually try.

 ICM hi! Question this guy miss and he's lost in previous pages

Its self-serve.  The people who want to own a market put up 10k coins as collateral and set it up themselves.  Then vendors can create listings in the market.

So whats stopping anyone from creating a market/forum that accepts crave in return for products and services with a middle man handling the crave? No need for 10,000 coin collateral. And if no one decides to create a market then this coin effectively fails, this doesnt make sense to me. Your roadmap is made with the assumption that someone is going to create this "URGE market" and follow your roadmap 2 to set it up.

 the way the feds like to close down "dark markets" it will just be a matter of time before people will see the benefit of having their markets on the Blockchain

The markets are operated for yeara before its taken down. Then you create a new one

[fonzerrellie]

I've got 1 friend who had btc on a dark market that got shut down... and he has no hope of ever getting back (as far as he figures) his eye's lit up pretty good when I was trying explain crave and on blockchain markets (I didn't ask if he was a buyer or seller... not my business)

[industrialcoinmagic]

Uh dev, I got a question. On the roadmap for Urge it says "user created and operated" does this mean the investors or node holders are suppose to make the dark market/site/sites/auctions or what? This definitely needs some clarification. Because if thats the case someone with enough expertise needs to get started on it now. The coin is only going to do good and stay consistent if it has practical use to give it value. I hope you actually have a plan to make it yourself with a few helpers because people arent going to make the market for you, aside from a very few ambitious people that would actually try.

 ICM hi! Question this guy miss and he's lost in previous pages

Its self-serve.  The people who want to own a market put up 10k coins as collateral and set it up themselves.  Then vendors can create listings in the market.

So whats stopping anyone from creating a market/forum that accepts crave in return for products and services with a middle man handling the crave? No need for 10,000 coin collateral. And if no one decides to create a market then this coin effectively fails, this doesnt make sense to me. Your roadmap is made with the assumption that someone is going to create this "URGE market" and follow your roadmap 2 to set it up.

I think you might be misunderstanding what we are building here.  You can think of it maybe as like an on-blockchain Shopify.

[VeritasSapere]

I don't understand what you are talking about. There are no reduction in block rewards.  The same amount of crave is being mined every day as will be in 10 years.  The only difference is the TOTAL number of crave so every year the percentage increase of crave will decrease.  But in 10 years if the same number of people are running masternodes and crave is the same price then the masternode would still be just as profitable as it is today.

In ten years from now if the reward for running a masternode is less then 0.097%. Obviously no one would buy a masternode with such a small return. Furthermore even if i continued running my masternode for those 10 years after this period of time my masternode would cease to be profitable and might not even make enough to cover the cost of hosting, at this point I might even stop my masternode if it is costing me money. This does not help to build a strong network, since you would want people to have incentive to create more masternodes thereby strengthening the network. With the current economic model I do not see that happening after 10 years, after 20 years obviously the problem would be even worse.

This is what I'm trying to tell you.  There are NO reduction in block rewards.  In 10 years you will get the same amount of crave for running a masternode as today(assuming there are the same number of masternodes).

If in 10 years from now, the amount of masternodes is the same as it is today, that would be a very, very bad sign. Since that would make it relatively easy for a malicious actor to spam the network with their nodes and thereby compromise the security and anonymity of the CRAVE network. If there was a better incentive structure there should be thousands of masternodes by that time.

[coinmaster222]

Maybe some of us could club 2000 a piece and take on a market,would it be worth it???

[fonzerrellie]

their nodes have been running for months and months, of course they have more than us right now... why the heck are we discussing 10 years from now and somehow thinking it will all be the same as it is today lol you people are too funny.

new nodes have been going up every day growing nice and steady

[I2S2SI]

Uh dev, I got a question. On the roadmap for Urge it says "user created and operated" does this mean the investors or node holders are suppose to make the dark market/site/sites/auctions or what? This definitely needs some clarification. Because if thats the case someone with enough expertise needs to get started on it now. The coin is only going to do good and stay consistent if it has practical use to give it value. I hope you actually have a plan to make it yourself with a few helpers because people arent going to make the market for you, aside from a very few ambitious people that would actually try.

 ICM hi! Question this guy miss and he's lost in previous pages

Its self-serve.  The people who want to own a market put up 10k coins as collateral and set it up themselves.  Then vendors can create listings in the market.

So whats stopping anyone from creating a market/forum that accepts crave in return for products and services with a middle man handling the crave? No need for 10,000 coin collateral. And if no one decides to create a market then this coin effectively fails, this doesnt make sense to me. Your roadmap is made with the assumption that someone is going to create this "URGE market" and follow your roadmap 2 to set it up.

I think you might be misunderstanding what we are building here.  You can think of it maybe as like an on-blockchain Shopify.

When could we expect to see these markets emerge?

[VeritasSapere]

their nodes have been running for months and months, of course they have more than us right now... why the heck are we discussing 10 years from now and somehow thinking it will all be the same as it is today lol you people are too funny.

new nodes have been going up every day growing nice and steady

Personally i like to invest in projects that have a long term vision, if this project does not care about what happens in 10 years from now then i would also care a lot less about this project. I want to like CRAVE though, since so many coins are trying to be mainstream and are distancing them selfs from the dark markets. CRAVE is doing the opposite i think that is cool.

So please ICM cap the block reward at 2%, so it cannot go below that percentage. It would hugely increase my confidence in this project and I am sure there are many silent investors out there that feel the same way that i do.

[megadestruct61]

I don't understand what you are talking about. There are no reduction in block rewards.  The same amount of crave is being mined every day as will be in 10 years.  The only difference is the TOTAL number of crave so every year the percentage increase of crave will decrease.  But in 10 years if the same number of people are running masternodes and crave is the same price then the masternode would still be just as profitable as it is today.

In ten years from now if the reward for running a masternode is less then 0.097%. Obviously no one would buy a masternode with such a small return. Furthermore even if i continued running my masternode for those 10 years after this period of time my masternode would cease to be profitable and might not even make enough to cover the cost of hosting, at this point I might even stop my masternode if it is costing me money. This does not help to build a strong network, since you would want people to have incentive to create more masternodes thereby strengthening the network. With the current economic model I do not see that happening after 10 years, after 20 years obviously the problem would be even worse.

This is what I'm trying to tell you.  There are NO reduction in block rewards.  In 10 years you will get the same amount of crave for running a masternode as today(assuming there are the same number of masternodes).

If in 10 years from now, the amount of masternodes is the same as it is today, that would be a very bad sign. Since that would make it relatively easy for a malicious actor to spam the network with their nodes and thereby compromise the security and anonymity of the CRAVE network. If there was a better incentive structure there should be thousands of masternodes by that time, like there is in the DASH network today for example.

As many masternodes will be created as profitable. Unlike Dash this coin has staking so at a certain number of masternodes running you get more crave per day by staking your 500 crave then by running a masternode.  Also currently there is 121291.4916675 crave in masternodes which is 22.4% of TOTAL crave out right now.   I don't know the number but I am SURE there is not that high of percentage of dash in masternodes.  For one person to try and get enough crave to do malicious actions would drive the price up astronomically so I do not see that as a viable attack method.  I have run the numbers and crave is sound for many years to come.  Think harder and I bet you will see that too but for now ur hurting my head.

[solid12345]

As many masternodes will be created as profitable. Unlike Dash this coin has staking so at a certain number of masternodes running you get more crave per day by staking your 500 crave then by running a masternode.

This is a great model for network security because it will encourage users to potentially switch back and forth or split the difference in staking v.s masternodes to try and maximize their profit potential. Competition for coins is a good thing.

[fonzerrellie]

their nodes have been running for months and months, of course they have more than us right now... why the heck are we discussing 10 years from now and somehow thinking it will all be the same as it is today lol you people are too funny.

new nodes have been going up every day growing nice and steady

Personally i like to invest in projects that have a long term vision, if this project does not care about what happens in 10 years from now then i would also care a lot less about this project. I want to like CRAVE though, since so many coins are trying to be mainstream and are distancing them selfs from the dark markets. CRAVE is doing the opposite i think that is cool.

So please ICM cap the block reward at 2%, so it cannot go below that percentage. It would hugely increase my confidence in this project and I am sure there are many silent investors out there that feel the same way that i do.

for sure contemplate the future but if you're trying to use the same numbers for price/# of nodes/# of markets/ amount burnt for blur etc as is in the first month of the coins creation then your not going to be very accurate in your estimations.

I do get your point about the 2% min... but don't think we have to focus on that for a few years yet

[industrialcoinmagic]

their nodes have been running for months and months, of course they have more than us right now... why the heck are we discussing 10 years from now and somehow thinking it will all be the same as it is today lol you people are too funny.

new nodes have been going up every day growing nice and steady

Personally i like to invest in projects that have a long term vision, if this project does not care about what happens in 10 years from now then i would also care a lot less about this project. I want to like CRAVE though, since so many coins are trying to be mainstream and are distancing them selfs from the dark markets. CRAVE is doing the opposite i think that is cool.

So please ICM cap the block reward at 2%, so it cannot go below that percentage. It would hugely increase my confidence in this project and I am sure there are many silent investors out there that feel the same way that i do.

There will be no change to the economic structure of this coin right now.  There is no issue here.

[VeritasSapere]

their nodes have been running for months and months, of course they have more than us right now... why the heck are we discussing 10 years from now and somehow thinking it will all be the same as it is today lol you people are too funny.

new nodes have been going up every day growing nice and steady

Personally i like to invest in projects that have a long term vision, if this project does not care about what happens in 10 years from now then i would also care a lot less about this project. I want to like CRAVE though, since so many coins are trying to be mainstream and are distancing them selfs from the dark markets. CRAVE is doing the opposite i think that is cool.

So please ICM cap the block reward at 2%, so it cannot go below that percentage. It would hugely increase my confidence in this project and I am sure there are many silent investors out there that feel the same way that i do.

for sure contemplate the future but if you're trying to use the same numbers for price/# of nodes/# of markets/ amount burnt for blur etc as is in the first month of the coins creation then your not going to be very accurate in your estimations.

I do get your point about the 2% min... but don't think we have to focus on that for a few years yet

Fair enough, I am looking far into the future, an inconceivable amount of time in crypto lol. It would still greatly increase my confidence if the dev could acknowledge this and say that if needed in the future the reduction of the block reward would be on the table, and its true that this is depending on price and many other factors. Bitcoin has a planned time line of over a century, and even beyond into infinity after all. Who knows CRAVE masternones might be profitable based on fees alone in 10 years after all.

[VeritasSapere]

their nodes have been running for months and months, of course they have more than us right now... why the heck are we discussing 10 years from now and somehow thinking it will all be the same as it is today lol you people are too funny.

new nodes have been going up every day growing nice and steady

Personally i like to invest in projects that have a long term vision, if this project does not care about what happens in 10 years from now then i would also care a lot less about this project. I want to like CRAVE though, since so many coins are trying to be mainstream and are distancing them selfs from the dark markets. CRAVE is doing the opposite i think that is cool.

So please ICM cap the block reward at 2%, so it cannot go below that percentage. It would hugely increase my confidence in this project and I am sure there are many silent investors out there that feel the same way that i do.

There will be no change to the economic structure of this coin right now.  There is no issue here.

We do not agree, thank you very much for responding though

[striker7334 2.0]

Besides if it does become an issue we can change it and fix it.

[Kimowa]

pos network is support to infinity as network expand you need more coin on market that why no issue

[tm2013]

their nodes have been running for months and months, of course they have more than us right now... why the heck are we discussing 10 years from now and somehow thinking it will all be the same as it is today lol you people are too funny.

new nodes have been going up every day growing nice and steady

Personally i like to invest in projects that have a long term vision, if this project does not care about what happens in 10 years from now then i would also care a lot less about this project. I want to like CRAVE though, since so many coins are trying to be mainstream and are distancing them selfs from the dark markets. CRAVE is doing the opposite i think that is cool.

So please ICM cap the block reward at 2%, so it cannot go below that percentage. It would hugely increase my confidence in this project and I am sure there are many silent investors out there that feel the same way that i do.

There will be no change to the economic structure of this coin right now.  There is no issue here.

We do not agree, thank you very much for responding though

ICM, we would like to keep this coin rare. If you disagree, the community has already taken off and could fork if we so chose.

[VeritasSapere]

pos network is support to infinity as network expand you need more coin on market that why no issue

Most POS coins have fixed rate of inflation, or are not reduced indefinitely. Having almost no POS reward in the long term might become an issue as well.

[fonzerrellie]

lol this is great tho... the more people try to stake and less nodes then staking becomes less efficient for 500 coins, and the ones who leave their nodes running will be the efficient ones... but if theres way more adrenaline nodes up then staking 500 coins will be very efficient and nodes a bit less. So it might take awhile for a good balance to form.

the one I think the nodes have over staking is I've already had to reset my staking coins twice now... which leaves me needing to spend the time sending coins to reset their age/size of deposits so they will begin to stake again after the long 8 hr wait. so I end up losing time.

I'm trying the "minimize weight consumption" option in the wallet... I'm assuming it will help staking (would love if someone could explain it)