[ANN] Credits(CRDS): CPU-only mining | Argon2d PoW - Masternodes - page 67.

epicfailman

sr. member

Activity: 322

Merit: 250

Quote from: sycube on September 24, 2017, 07:35:50 PM

Hi,

our new version of our wallet is now ready and can be downloaded on https://crds.co/.
The hard fork will occur (seamlessly) at block 250,000. Please make sure that you have updated your wallet until then. A guide on how to upgrade your wallet can be found here: https://crds.co/documents/wallet-upgrade.pdf.

Good news! But after install new wallet, when i'm try to generate some CRDS (setgenerate true 3) wallet closes. CPU - Kaby Lake Core i5, wallet version - AVX2 support.

sycube

jr. member

Activity: 122

Merit: 1

Hi,

our new version of our wallet is now ready and can be downloaded on https://crds.co/.
The hard fork will occur (seamlessly) at block 250,000. Please make sure that you have updated your wallet until then. A guide on how to upgrade your wallet can be found here: https://crds.co/documents/wallet-upgrade.pdf.

bushstar

hero member

Activity: 617

Merit: 531

If anyone could kindly sell me 5,000 CRDS to test the new masternode update on CentOS that would be very helpful. I've got one set up on Ubuntu but do not want to destroy it to test a different distro. A heterogeneous network needs to be tested with the new client. Please send me a PM if interested.

sycube

jr. member

Activity: 122

Merit: 1

Quote from: arbitrage on September 23, 2017, 04:25:31 AM

Please tell me more about plans if you working on road map, what we can expect further from this team? What happened with bounties are they are going to be paid from premine? How community can help?
What is requirement for becoming a member of a team? Are you are volunteers?
I have few advice's:
1. All this that you said to me should be in first page-visible so all members can see that this is not new project.
2. You should announce date when will this new wallet be ready and where we can get it.
3. Do you have ideas how to establish this project for a longer time? Premine won''t help much. You can maybe set up master nodes with part of those coins, this could bring you trust of new members.

Hi,

Please tell me more about plans if you working on road map
Currently we're working on getting the Blockchain stable, then we're going to work on a roadmap.

What happened with bounties are they are going to be paid from premine?
The bounties are going to be paid from the premine.

How community can help?
The community can join our Slack and look at the #tasks channel. Other than that they can mine the coin.

What is requirement for becoming a member of a team?
The requirement for becoming a member is joining the Slack and becoming involved with the project.

Are you are volunteers?
Yes, we are all volunteers. Nobody's getting paid.

Thank you for your advice, we will look into implementing it.

BTW: We will announce the date when the wallet is ready here and on Twitter.

arbitrage

hero member

Activity: 560

Merit: 500

Please tell me more about plans if you working on road map, what we can expect further from this team? What happened with bounties are they are going to be paid from premine? How community can help?
What is requirement for becoming a member of a team? Are you are volunteers?
I have few advice's:
1. All this that you said to me should be in first page-visible so all members can see that this is not new project.
2. You should announce date when will this new wallet be ready and where we can get it.
3. Do you have ideas how to establish this project for a longer time? Premine won''t help much. You can maybe set up master nodes with part of those coins, this could bring you trust of new members.

sycube

jr. member

Activity: 122

Merit: 1

Quote from: arbitrage on September 22, 2017, 05:31:19 AM

Quote from: mrankin on September 20, 2017, 06:02:22 AM

Quote from: arbitrage on September 20, 2017, 03:58:21 AM

-

The blocks are the same, no change at the fork block (currently planned to be 175,000). The only difference is that the collateral needed for a masternode will be 5,000 CRDS after the fork block.
No change to the premine, it remains at 475,000 CRDS. The circulation of those premine coins also remains unchanged at this stage. Quite a few of us purchased some premine CRDS from the original dev.
I'm happy to take a vote on a new thread, but I think staying with the original thread builds more trust as we're not trying to hide anything.

Fork means there will be a fix-or new wallet? Who decided 5000 of coins should be requirements for master node and why? Why didn't you fork earlier? I have thought new thread for a new start. It would be nice to see list of members involved now and their qualifications if possible. Are they capable for this task? Also pick someone who will be in charge here, who will inform members here.
Did anyone taught to report previous developer, he is scammer right? He will strike again somewhere? It would be honorable to inform moderator.

Hi,

as the new Marketing Manager of Credits I'm going to answer your questions.

Fork means there will be a fix-or new wallet?
The hard fork means that there will be a new wallet which will also fix several bugs.

Who decided 5000 of coins should be requirements for master node and why?
The community in the Slack decided on the 5000 Credits requirement for a Masternode (https://i.imgur.com/U2wtlMi.png).
For the reason I'm going to quote @mrankin: "I have been thinking about the 500CRDS requirement for a masternode. Given the PoW block reward is 10 CRDS, only 50 blocks solved gets you a MN. IMO this is way too low. It's 20x lower than Dynamic (DYN) and other coins that have a 1 coin reward and require 1000 coins for a MN.
The overall effect of making it easy to get yourself a MN puts downward pressure on the value of Credits. This will become apparent as soon as it's on an exchange."

Why didn't you fork earlier?
We weren't able to fork earlier because we wanted to fix the issues with the current version first and thus had to look for a developer who could help us first, this took some time.

I have thought new thread for a new start.
We're currently deciding on whether or not we start a new thread. But one thing is for sure: We don't want to hide the history of the coin.

It would be nice to see list of members involved now and their qualifications if possible.
The current team consists of these people at the moment: https://i.imgur.com/O6z6I1G.png.
As soon as possible we will also list the team on our website.

Also pick someone who will be in charge here, who will inform members here.
This is going to be me from now on.

Did anyone taught to report previous developer, he is scammer right? He will strike again somewhere? It would be honorable to inform moderator.

We opened a thread about him immediately after he left the project.

arbitrage

hero member

Activity: 560

Merit: 500

Quote from: mrankin on September 20, 2017, 06:02:22 AM

Quote from: arbitrage on September 20, 2017, 03:58:21 AM

-

The blocks are the same, no change at the fork block (currently planned to be 175,000). The only difference is that the collateral needed for a masternode will be 5,000 CRDS after the fork block.
No change to the premine, it remains at 475,000 CRDS. The circulation of those premine coins also remains unchanged at this stage. Quite a few of us purchased some premine CRDS from the original dev.
I'm happy to take a vote on a new thread, but I think staying with the original thread builds more trust as we're not trying to hide anything.

Fork means there will be a fix-or new wallet? Who decided 5000 of coins should be requirements for master node and why? Why didn't you fork earlier? I have thought new thread for a new start. It would be nice to see list of members involved now and their qualifications if possible. Are they capable for this task? Also pick someone who will be in charge here, who will inform members here.
Did anyone taught to report previous developer, he is scammer right? He will strike again somewhere? It would be honorable to inform moderator.

mrankin

full member

Activity: 312

Merit: 102

Well we passed block 175,000 thank to another instamining occurrence. We will announces the new fork block as soon as the wallets are ready.

puvanb

full member

Activity: 210

Merit: 100

Glad this is working well. Mrankin has put in a lot of effort making this happen. Go for it guys.

loremipsum

hero member

Activity: 644

Merit: 501

Quote from: bspus on September 20, 2017, 04:56:08 AM

Great news!
Shall we celebrate with one final fast-block session Cheesy

Heheheh

Let's hope this doesn't happen ever again!

Edit: All major decisions from now on will happen through voting in the slack channel. The masternode decision for 5,000 CRDS was also voted on.

mrankin

full member

Activity: 312

Merit: 102

Quote from: arbitrage on September 20, 2017, 03:58:21 AM

I hadn't been at slack channel what happened here? Can you clarify some things how many blocks will be at the start of this fork -175000?. When will wallet be ready for download?
How many premine coins will be in circulation? Considering previous happening you should be more open this time and my advice is to open entirely new thread with all explanations., and specification for this coin. New announcement thread will bring trust back.

The blocks are the same, no change at the fork block (currently planned to be 175,000). The only difference is that the collateral needed for a masternode will be 5,000 CRDS after the fork block.

No change to the premine, it remains at 475,000 CRDS. The circulation of those premine coins also remains unchanged at this stage. Quite a few of us purchased some premine CRDS from the original dev.

I'm happy to take a vote on a new thread, but I think staying with the original thread builds more trust as we're not trying to hide anything.

bspus

legendary

Activity: 2165

Merit: 1002

Great news!
Shall we celebrate with one final fast-block session Cheesy

arbitrage

hero member

Activity: 560

Merit: 500

I hadn't been at slack channel what happened here? Can you clarify some things how many blocks will be at the start of this fork -175000?. When will wallet be ready for download?
How many premine coins will be in circulation? Considering previous happening you should be more open this time and my advice is to open entirely new thread with all explanations., and specification for this coin. New announcement thread will bring trust back.

loremipsum

hero member

Activity: 644

Merit: 501

Quote from: mrankin on September 18, 2017, 05:19:18 PM

The next version of Credits is compiled and is in testnet to make sure everything is working as expected.

Credits is coming back! Please join our slack at https://credits-slack-invite.herokuapp.com/

@mrankin - Matt Rankin - Service Delivery Manager
@timoguentner - Timo Guentner - Marketing Manager
@loremipsum - Blockchain Consultant

We'll have more news soon

mrankin

full member

Activity: 312

Merit: 102

The next version of Credits is compiled and is in testnet to make sure everything is working as expected.

mrankin

full member

Activity: 312

Merit: 102

Quote from: Liten on September 17, 2017, 04:49:46 AM

mrankin and what your interest?
Why have taken for further work on a coin?

My interest is just that of a community member that invested time, money and effort in to Credits since its launch and I didn't want to see it die. The work that is being undertaken is to improve the stability of the coin, ensuring it's longevity and to also ensure it is fairly valued by the marketplace once listed on an exchange. All decisions have been discussed in the Credits Slack and I'm happy for anyone else to get involved and have their say - https://credits-slack-invite.herokuapp.com/

As of today I'm officially stating my own role within the Credits community as Service Delivery Manager. I would also like to welcome sycube as the Marketing Manager for Credits.

We also have bushstar helping us out with this fork as a consulting developer.

Liten

member

Activity: 89

Merit: 10

mrankin and what your interest?
Why have taken for further work on a coin?

mrankin

full member

Activity: 312

Merit: 102

Quote from: Liten on September 17, 2017, 02:29:33 AM

From the first days together with the project, I have collected not much (near 20k crds)
I hope that the project will be continued by work thanks to mrankin, and we will see him at the exchange for trade.
What changes will be after HF?

Good question. The next version of Credits will change the collateral requirement for a masternode from 500CRDS to 5,000 CRDS. We are also strengthening the blockchain against blocks being solved outside of the network time. Lastly we are also restoring the full history of the coin which the previous dev had removed.

Liten

member

Activity: 89

Merit: 10

From the first days together with the project, I have collected not much (near 20k crds)
I hope that the project will be continued by work thanks to mrankin, and we will see him at the exchange for trade.
What changes will be after HF?

mrankin

full member

Activity: 312

Merit: 102

Quote from: awano1125 on September 16, 2017, 04:19:20 PM

is this coin alive?why networkhashps just few k now?
i setup few masternode and still mine it.
should i stop it and give up?
and it will hard fork for the new version of Credits will occur at block 175,000?
and after block 175000 ,how about crds i own now?
it will gone or swap to new version?

Yes Credits will hard fork at block 175,000. There will be a new wallet version which will need to be installed on your computers/servers. As long as you don't delete your wallet.dat file in Windows or your ~/.credits directory in Linux your existing CRDS will be available and valid in the new version. For now you should keep your masternode running and keep mining.

The fork will mean that any blocks after 175,000 will only be valid if mined with the new version of the wallet. So you should only stop mining and stop your masternodes once we hit block 175,000.

Topic: [ANN] Credits(CRDS): CPU-only mining | Argon2d PoW - Masternodes - page 67. (Read 482497 times)