Topic: [ANN][CRS] Criptoreal - A Brazilian Retail Coin [MasterNodes][Lyra2z] - page 5. (Read 19556 times)

The dev said the 6 month rate was a typo. He said in the telegram that the rate will remain the same, 38 months as far as i know.

Thanks for reply. I've spend a entire day trying to execute it, but got some annoying  windows dll errors.

Hi chem96,

I know I'm not the dev but since we are waiting, I would like to speculate on some ideas.  While I cannot answer questions since I'm not a dev, I still enjoy the discussion and hope it is okay with you.

So yeah, a halving now is quite a HUGE difference from the original plan of doing it 3 years from now.  And what has driven this?  Well, the announcement correlated the move to Nicehash's support for Lyra2z.  However, the development team did not indicate a desire to fork the algorithm.  Instead, the strategy seems to be to make acquisition more difficult.  I imagine the thought here is that only people who truly see long term value in CRS will continue to mine it after the halving.

But now there is something else to consider in addition to Nicehash and that is FGPA mining.  Nicehash brought a lot more focused nethash on lyra2z coins.  Well, FPGA marks something like a 10x or more performance and efficiency boost and could eventually outpace GPU nethash to similar factors.  In my opinion, this is another scenario favoring active development teams that would fork an algorithm rather than adjust an easy setting in the existing algorithm.  

I don't know what CRS next move will be but it seems they are active and busy according to a discord manager.  The betting site integration is still being worked.  GitHub shows the last commit was about 2 weeks ago.  Nothing terrible that I see.  Signs of development and activity continue.  

Yeaa, but we need more information and transparency. my questions above are still unanswered....

That means everything is fine. Thank you.

"The" developer did not leave.  The core developers of CRS remain.  One of the team members left and it happened to be one of the team members that communicated more for CRS.  That team member left to work on other things which, as far as I know, have not been discussed.

Why did the developer leave the project?

CRS is still alive and well even though the exchange prices have been pretty boring (and low).  I did read on the discord that one member of the team has left to do other things.  It doesn't sound like anything bad but apparently the person who left was one of the more energetic communicators.  I don't know if it was the same person managing or posting the main updates to this thread but hopefully someone from the CRS team can update us fully and start posting here a little more frequently.

For now, I'm really excited for the August timeframe which is when Mano should be implementing the CRS developed SMAP (shared masternode platform).  Look at what is happening with MANO... huge interest and a lot of hash power going on their network.  I imagine this will lead to more understanding of why CRS is so relevant and truly a hidden gem.  Well... not so hidden but this one is definitely flying under the radar

Or is maybe a good sign. He is working hard to integrate CRS in the betting plateforme or finalising some partnership. Or simply on holiday 

lol you are panicking easily, he didn't post since tuesday
i guess if he hasn't important news to share with us it's useless to post

Criptoreal Dev activity has dropped.
I'm having a panic.

Despite recent political and economic problems, electronic commerce in Brazil continues to grow steadily, which gives hope for the successful development of the project.

@CriptorealDev: Could you please give us some explanation about the halving?

The first halving was planned in ~3 years.
So we would do this halving in July. OK. but why continue the next halving at a rate of 6 months afterwards?
Is there not a risk that the currency in circulation will never (or in a very long time) exceed 10% of the total suply initially planned?

Why not reduce the mining reward only? 30 for PoW and 60 for PoS?


Then, any news about the betting Site incorportating CRS as payment method? I want to use my hard earned CRS

I tried to use AMD at the begining but it was not optimal. better to mine ETH and buy CRS once a week in my opinion

Someone was able to mining it using AMD cards?
I'll like to try my HD7790. It's a old card but it is without use.

1mhs ? that really impressive for a 1050, I would like to try, but I've only AMD cards

As I understood between the lines, they sold the SMAP rights (at least) to pay the Cryptobridge listing fees.
How much are these fee? 1 BTC according to this source: https://cryptobridge.freshdesk.com/support/solutions/articles/35000061219-how-can-i-request-a-coin-listing-

Well your second sentence invalidates the first sentence.  By the nature of blockchain, no coin has any "limit" when it comes to worldwide geographical boundaries.  There is nothing wrong with identifying regionally but operating globally.  Many big companies do this.  Everyone knows Coca-Cola is American and yet it is enjoyed around the world.  

Criptoreal may be based out of Brazil but it could really be used anywhere.  how useful it may become just depends on further integration and acceptance as a currency.  So far, the developers are innovative and producing revenues through exclusive marketing of technology that only Critporeal has endeavored to develop.  Namely, SMAP, which was recently sold of exclusive rights to MANO in order to fund further CRS interests (listing to Crypto-Bridge for starters).

The future's so bright... I gotta wear shades  hehe  

Criptoreal is NOT a scam.  There are many anonymous projects.  In fact, Criptoreal has a presence of real people supporting the project at conventions.  Criptoreal is not some nefarious venture and I'm sure the devs are not actually completely hidden given the presence of the project as supported very publicly.  

Look at the algorithm chosen.  Look at the wallets.  Look at the platform development of SMAP service and android/ios support.  If these people really are not being honest then they are really wasting a lot of hard work.

Great time to buy really cheap CRS on Crex.  But oh yeah... impossible to get a MN because MN holders aren't selling.  Just some cheezy miners selling for a few bits here and there keeping the price down.  And then there are a few selling larger amounts at slightly higher prices... these are people who have obviously been scared by the market.  I bet if they read this and actually think about how much more they would get by joining a shared MN they wouldn't be putting their CRS up for sale so easily.

That won't last for long

and now that I look again... there actually a total of 5 MN up for sale on crex on that sell wall going up to 3x the market price.  Maybe I'm missing something here or maybe people that could have built 5 MNs will be kicking themselves when their sell orders actually get filled.  Welcome to volatility!

In my opinion, maybe this trhead has not made his complete information possible again is being processed, because I look very irregular, hopefully better and easier to understand.