getrichdietryin
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March 31, 2015, 06:02:04 PM |
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bye bye under 50k, lets get this past 100k.
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topcat363
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March 31, 2015, 06:02:47 PM |
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yea I didn't know the nodes would be ready by tomorrow..
wow
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gitbknowsall
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March 31, 2015, 06:03:29 PM |
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this coin is a lot like BTCD in many ways. BTCD got fuded hard early on, and I hate that the fud prevented me from buying it.
I mined ALOT, payed for the power and kept the rest. I am in the top 5 wallets for btcd. I'm just waiting to buy more crave at this point. daily volume is down it makes me happier I can pick up alot more for cheaper.
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EmilioMann
Legendary
Offline
Activity: 2184
Merit: 1028
#mitandopelomundo
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March 31, 2015, 06:03:51 PM |
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how long will the burn period last?
what will happen if you burn the cravecoin?
that's means that cravecoin can not been spent again and send that cravecoin to a address(no one has the private key?)
i remembered when people burn BTC to get XCP, that means that BTC is lost forever?
what will happen if we burn 50% cravecoin to get BLUR?
Thanks for the time and patience.
The burn period is ~30 days. (right now ~30 days from block 11,500 but I'll move that up to a block from today). When you burn CRAVE, it is sent to a provably unspendable address and it is gone forever and cannot be recovered or spent. You are then credited with BLUR at a 5 BLUR:1 CRAVE ratio with a 50% bonus at day 0 that slides to 0% bonus at the end. So it goes from 7.5:1 to 5:1, you get more the earlier you burn. If for some reason we burned 50% CRAVE to get BLUR, there would be 50% less CRAVE in circulation...... Then will BLUR trade as well?
You can trade it decentralized on darkpool... if it gets picked up by an exchange that supports the Counterparty protocol like BTER or Polo then BLUR and other darkpool assets could be traded there too (I imagine they might be....umm, "selective" about which assets they would allow to be traded ). i still have no clue what this means Ok, another way to thing of it - DarkPool is like an underground stock market. You burn CRAVE to get BLUR (this means you send some CRAVE to a special unspendable address). Then you can use BLUR to either pay a small fee to issue your own "stock" or asset. Other people can choose to buy some of your stock on the decentralized exchange (there is no central party running an exchange, its all done over the blockchain). Then maybe you pay them dividends every once in awhile.
Let me try to think of a "clean" scenario... let's say you run a personal protection service. You decide to issue an asset (aka a colored coin) called PROTECT to raise capital so you can hire a few more dudes on your crew. You sell a bunch of your asset, then you go hire some guys, take on more clients, and grow your business. Every quarter you pay out a dividend based on your earnings, and as you grow your earnings grow and the investors who bought your asset are happy because their dividends are growing. In the meantime the investors can trade your asset on the decentralized exchange amongst themselves after the initial issuance, in a PROTECT/BLUR market.
That's one scenario. You can also do decentralized betting. HOLY SHIT! SICK is the word... SICK!
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spofas
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March 31, 2015, 06:06:24 PM |
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yea I didn't know the nodes would be ready by tomorrow..
wow
It's almost like the shakeout was timed... ( ͡° ͜ʖ ͡°)
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vegasguy
Legendary
Offline
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
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March 31, 2015, 06:08:41 PM |
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The main problem I see with the orphans is the confirmation and painfully slow. 189 confirmations for a mined block takes over 2 hours or more sometimes, and most of the time it fails. Your team are the professionals, but I would substantially lower the confirmations to maybe 10. But 99% of the problem is the reason I think there are so many orphans is in coin control once the stake is split so many times, the coin block gets really small, down around 13 coins or less in a block, it tries and tries to stake and fails because its too small. I know eventually it will gain enough weight to stake, but meanwhile those small coin blocks cause hundreds of orphans in the wallet, and everyone after a few days have these little coin blocks continually trying to stake, slowing the network even more!
If I may make a suggestion:
Option 1: Add the command "setstakesplitthreshold" . Technology developed by Presstab of Hyperstake coin.
Taken from Hyperstake thread, so youll see refrences to HYP or "hyperstake"
If you have a block of 5,000 HYP that stakes with a reward of 1,000 HYP after 10 days, the network will take your original 5k block and destroy it, and give you two blocks of 3k HYP, thus splitting your stake.
Version 1.0.7.2 added the ability for the user to define when they want their wallet to split their stakes. By default it is set to not split the stake if each new block is less than 1k HYP. So in the case of this 6k stake, it will still split them into two blocks of 3k HYP.
If you were to enter into your debug window "setstakesplitthreshold 4000", then that would mean your wallet won't split the blocks if it results in each block being less than 4k HYP. So in the example above, it would have produce one block of 6k and not split them. If you set the threshold to 2000, then it would have split them.
Option 2: Have the blocks automatically recreate blocks of 200 when they reach <25 coins.
Vegas
Here is my tip jar if this was helpful: C8mSwqT5x1o36B58jrQms3nEjL3ahgZWMo
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I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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mitchr4
Legendary
Offline
Activity: 2842
Merit: 1021
Join the world-leading crypto sportsbook NOW!
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March 31, 2015, 06:24:38 PM Last edit: March 31, 2015, 07:25:08 PM by mitchr4 |
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About a week. bunch of coins have talked about markets, none have delivered yet. we have a different concept. maybe more like Shopify then just a market.
This is what makes crave a revolution. Ok yes, a coin with a marketplace is great... but in a few months they'll all have marketplaces. Why risk your money by trying to pick which market will be successful? Theres no reason to do this with Crave. While coins will be struggling to try to popularize their own marketplaces, crave users have the ability to build their own easily. If I risk money on a coin, I'm only going to see a return if the coin gets popular. Im not going to see a return on whats sold on the marketplace. With Crave you can have both. Why waste your time with another coin?
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fusecavator
Member
Offline
Activity: 117
Merit: 10
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March 31, 2015, 06:29:36 PM |
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The main problem I see with the orphans is the confirmation and painfully slow. 189 confirmations for a mined block takes over 2 hours or more sometimes, and most of the time it fails. Your team are the professionals, but I would substantially lower the confirmations to maybe 10. But 99% of the problem is the reason I think there are so many orphans is in coin control once the stake is split so many times, the coin block gets really small, down around 13 coins or less in a block, it tries and tries to stake and fails because its too small. I know eventually it will gain enough weight to stake, but meanwhile those small coin blocks cause hundreds of orphans in the wallet, and everyone after a few days have these little coin blocks continually trying to stake, slowing the network even more!
If I may make a suggestion:
Option 1: Add the command "setstakesplitthreshold" . Technology developed by Presstab of Hyperstake coin.
Taken from Hyperstake thread, so youll see refrences to HYP or "hyperstake"
If you have a block of 5,000 HYP that stakes with a reward of 1,000 HYP after 10 days, the network will take your original 5k block and destroy it, and give you two blocks of 3k HYP, thus splitting your stake.
Version 1.0.7.2 added the ability for the user to define when they want their wallet to split their stakes. By default it is set to not split the stake if each new block is less than 1k HYP. So in the case of this 6k stake, it will still split them into two blocks of 3k HYP.
If you were to enter into your debug window "setstakesplitthreshold 4000", then that would mean your wallet won't split the blocks if it results in each block being less than 4k HYP. So in the example above, it would have produce one block of 6k and not split them. If you set the threshold to 2000, then it would have split them.
Option 2: Have the blocks automatically recreate blocks of 200 when they reach <25 coins.
Vegas
Here is my tip jar if this was helpful: C8mSwqT5x1o36B58jrQms3nEjL3ahgZWMo
The amount of confirmations required before the coins can be spent is irrelevant. The coins would just disappear anyway even if they were spendable when the block was orphaned. I don't know too much exactly about how this pos operates, but I've looked in the source and confirmed that age is not used, so no they won't gain weight to help them stake. There's no reason all the small blocks would slow the network down, as it's only your own computer testing your own coins each block, and only the winner being tested by everyone. There may already be some splitting in place. After my first pos block the wallet stopped staking saying I didn't have any mature coins, then it's been operating on partials since then. At this point I'm at over 100 orphans since the last successful block about 30 hours ago.
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Everething
Member
Offline
Activity: 67
Merit: 10
Futurest
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March 31, 2015, 06:29:43 PM |
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I been thinking about the pr side of things but kinda thinking it will develop more naturally as more and more people discover what is being created here. It all looks good and the next week or two will see crave gain some more attention. I feel community interest will gain some ground as the release of completed updates come together and also the general public and potential users gain clearer understanding of craves use-case through accessibility of the tech. The user marketplaces is the usp of this project and the less niche and more access the better.
I see it as, less of a stand alone currency and more of a marketplace token (foreign country currency) required to access, build and buy in the user-created marketplaces. If i've got my theory correct it could become an economy all of it's own in that if you want to enter the market and purchase items from the sellers in the marketplace then you have to change your local currency (like changing your money before entering a different country) to transact in the crave shopping economy - privacy being the point.
I see a great deal of potential in the theory just wish I understood more about the implementation. [anyway] Ultimately, a bittorrent-style-evolution for shopping is a fantastic curve to be on and I see the future of private shopping being as disruptive to the regular modus operandi of spying e-commerce companies as, well, all technology is to the incumbent.
Change is the only constant
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KeyserSozeMC
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March 31, 2015, 06:30:03 PM |
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I like turtles.
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Hey, smexy. Don't waste your time. Time's precious.
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industrialcoinmagic (OP)
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March 31, 2015, 06:30:59 PM |
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Didn't realize that tomorrow is April 1. May wait extra day to release masternodes. Just seems like a bad idea to release anything on April 1.
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trader19
Legendary
Offline
Activity: 1232
Merit: 1001
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March 31, 2015, 06:32:08 PM |
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yea I didn't know the nodes would be ready by tomorrow..
wow
It's almost like the shakeout was timed... ( ͡° ͜ʖ ͡°) ragemode=on
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getrichdietryin
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March 31, 2015, 06:33:07 PM |
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Didn't realize that tomorrow is April 1. May wait extra day to release masternodes. Just seems like a bad idea to release anything on April 1.
lol good idea they may think your fooling them april 2 is good
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Everething
Member
Offline
Activity: 67
Merit: 10
Futurest
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March 31, 2015, 06:36:47 PM |
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I like turtles.
lol
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fusecavator
Member
Offline
Activity: 117
Merit: 10
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March 31, 2015, 06:36:59 PM |
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Didn't realize that tomorrow is April 1. May wait extra day to release masternodes. Just seems like a bad idea to release anything on April 1.
Might actually be better on the 1st. People following the thread get a head start over everyone who thinks it's a joke. It's also unlikely any news would pick up on it that quickly anyway.
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KeyserSozeMC
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March 31, 2015, 06:37:24 PM |
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I like turtles.
lol You don't like turtles? pewpew
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Hey, smexy. Don't waste your time. Time's precious.
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Everething
Member
Offline
Activity: 67
Merit: 10
Futurest
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March 31, 2015, 06:37:56 PM |
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I like turtles.
lol I like liking turtles ... ... ...
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spofas
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March 31, 2015, 06:38:45 PM |
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Didn't realize that tomorrow is April 1. May wait extra day to release masternodes. Just seems like a bad idea to release anything on April 1.
Lol, probably a good idea. We've seen crypto people have a hard time with jokes.
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KeyserSozeMC
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March 31, 2015, 06:39:18 PM |
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Wanna hear a little secret about crave? Didn't realize that tomorrow is April 1. May wait extra day to release masternodes. Just seems like a bad idea to release anything on April 1.
Lol, probably a good idea. We've seen crypto people have a hard time with jokes. Turtles, turtles everywhere
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Hey, smexy. Don't waste your time. Time's precious.
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Jesse Livermore
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March 31, 2015, 06:45:10 PM |
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Let's try this again.... Double bottom in progress?
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I own a DASH Masternode.... And you should too.
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