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Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes | - page 109. (Read 317079 times)

hero member
Activity: 808
Merit: 500
Bit more info on Masternodes here, good to see Crown next to Dash and PIVX

https://www.youtube.com/watch?v=Ky44sOBh7Ig


Which is the third way quoted in STAGE 1 in >>> http://crown.tech/crown-revolution

I Luiz,

be great if you could join our private chat if you want to get involved and get to know the team and its plans.

But let me answer a bit, our third way is a situation where miners do not play a key role in the distribution of coins and keeping the network safe, since mining coins is not the most efficient way to sustain a blockchain 2.0 project. In our plans Thrones or Trons masternodes will be playing a much important role.

Let me paste here a text which will be online on crown.tech in the next few days concerning Trons:

What is a TRON?
The Crown platform utilizes masternodes called TRONs.  The minimal requirements for running a masternode are to just have a small compute session which is always on and connected to the network, and load the Crown software on it and set some configuration files up with some keys to confirm that you have the required 10,000 CRW collateral on the blockchain.
TRONs are still under development, but the TRONs on the Crown network server to:
Secure and stabilize the network and transactions.  
For those interested in how this works, there are ways that network security can be accomplished using mathematical properties which don’t involve mining algorithms, but functionally leverage randomness and network topology.  These techniques are used by a variety of different systems, from WeChat to Zookeeper -- just look up the Paxos Algorithm and go from there.  The Dash paxos implementation with InstantX is an elegant example.  
The network is secured by both the TRONs and merge-mining.  We like having multiple layers of security.

Provide another layer of governance.
TRONS will be able to make and vote on proposals for allocating the 10% of the block rewards which has been held back since the last code update in February 2017.  None of the funds held back from the block rewards have been allocated yet, and the existing development fund is composed of tokens contributed personally by members of the core team so that the project would have the resources to get to the point at which TRON voting would be turned on.  This code is in place and it is just a matter of turning it on this function that the platform inherits from Dash in the next update.

Provide Application Developers and TRON Operators with Business Opportunities
Once the API is developed, developers will be able to integrate Crown API calls and package applications which TRON operators would be able to offer to users managing the provisioning of compute resources, and payment for the application, through the Crown API in concert with other API’s or development tools.  TRON’s are, in a sense, franchises to operate a cloud application business running open source applications and accepting payment denominated in CRW.
The overall goal of the project is to do something useful with crypto.  The first use is to see if we can create an application economy running a cloud of open source applications.  The TRONs are the backbone to the Crown Cloud, which doesn’t exist yet – but which we hope to work with the community to build.

Why TRON?
Well… we needed a name.  Tron is close to the old name for the servers, throne – but a “tron” is active and not passive, and “tron” refers to the history of crypto where Hal Finney was involved with building the Atari game The Adventure of Tron.  
The key idea is that TRONs are active server nodes on the network.  A TRON can generate revenues by confirming transactions on the network – but it will also be able to use the Crown API, alongside other API’s to allow developers to build other businesses as well.

I would be very happy to participate in private chat, get involved, meet the staff and their plans, unfortunately I do not speak English (google-translator), I am new to crypto-coins and my CRW are still not enough for a 1 TRON.

But I am a member of a group of more than 1.3k people involved in crypto-currency trading (technical and fundamentalist), and I intend to release new information that I may have about CRW in the group (especially for fundamentalists), but already I indicated CRW on the poloniex website.


If I completed the 10k of CRW that is missing for a TRON, what would be the return on CRW or BTC in average?

whats your native language mate? our community is international I am sure one of us speak your language  Wink
newbie
Activity: 9
Merit: 0
Bit more info on Masternodes here, good to see Crown next to Dash and PIVX

https://www.youtube.com/watch?v=Ky44sOBh7Ig


Which is the third way quoted in STAGE 1 in >>> http://crown.tech/crown-revolution

I Luiz,

be great if you could join our private chat if you want to get involved and get to know the team and its plans.

But let me answer a bit, our third way is a situation where miners do not play a key role in the distribution of coins and keeping the network safe, since mining coins is not the most efficient way to sustain a blockchain 2.0 project. In our plans Thrones or Trons masternodes will be playing a much important role.

Let me paste here a text which will be online on crown.tech in the next few days concerning Trons:

What is a TRON?
The Crown platform utilizes masternodes called TRONs.  The minimal requirements for running a masternode are to just have a small compute session which is always on and connected to the network, and load the Crown software on it and set some configuration files up with some keys to confirm that you have the required 10,000 CRW collateral on the blockchain.
TRONs are still under development, but the TRONs on the Crown network server to:
Secure and stabilize the network and transactions.  
For those interested in how this works, there are ways that network security can be accomplished using mathematical properties which don’t involve mining algorithms, but functionally leverage randomness and network topology.  These techniques are used by a variety of different systems, from WeChat to Zookeeper -- just look up the Paxos Algorithm and go from there.  The Dash paxos implementation with InstantX is an elegant example.  
The network is secured by both the TRONs and merge-mining.  We like having multiple layers of security.

Provide another layer of governance.
TRONS will be able to make and vote on proposals for allocating the 10% of the block rewards which has been held back since the last code update in February 2017.  None of the funds held back from the block rewards have been allocated yet, and the existing development fund is composed of tokens contributed personally by members of the core team so that the project would have the resources to get to the point at which TRON voting would be turned on.  This code is in place and it is just a matter of turning it on this function that the platform inherits from Dash in the next update.

Provide Application Developers and TRON Operators with Business Opportunities
Once the API is developed, developers will be able to integrate Crown API calls and package applications which TRON operators would be able to offer to users managing the provisioning of compute resources, and payment for the application, through the Crown API in concert with other API’s or development tools.  TRON’s are, in a sense, franchises to operate a cloud application business running open source applications and accepting payment denominated in CRW.
The overall goal of the project is to do something useful with crypto.  The first use is to see if we can create an application economy running a cloud of open source applications.  The TRONs are the backbone to the Crown Cloud, which doesn’t exist yet – but which we hope to work with the community to build.

Why TRON?
Well… we needed a name.  Tron is close to the old name for the servers, throne – but a “tron” is active and not passive, and “tron” refers to the history of crypto where Hal Finney was involved with building the Atari game The Adventure of Tron.  
The key idea is that TRONs are active server nodes on the network.  A TRON can generate revenues by confirming transactions on the network – but it will also be able to use the Crown API, alongside other API’s to allow developers to build other businesses as well.

I would be very happy to participate in private chat, get involved, meet the staff and their plans, unfortunately I do not speak English (google-translator), I am new to crypto-coins and my CRW are still not enough for a 1 TRON.

But I am a member of a group of more than 1.3k people involved in crypto-currency trading (technical and fundamentalist), and I intend to release new information that I may have about CRW in the group (especially for fundamentalists), but already I indicated CRW on the poloniex website.


If I completed the 10k of CRW that is missing for a TRON, what would be the return on CRW or BTC in average?
sr. member
Activity: 504
Merit: 267
HashWare - Mining solutions for everyone!
hey guys. thanks for all the tips , instructions and help. my throne is finally running. special thanks LucD88 which guided me through some very crucial steps and other moderators and users.
thanks again and long live the crown!
sr. member
Activity: 301
Merit: 250
Hey guys. finally my Bittrex withdraw was fixed. apparently "the withdraw was orphaned" whatever this means.
now i need to set up a throne and it seems my local ISP might be blocking some ports....  
any recommendation on a VPS service?
cheers!

Theres quite a few.. i recommend looking around. You shouldn't be paying much more than $5 per month.

The spec you need

1GB ram
10gb hard drive (Min)
Quite some bandwidth

Examples

OVH
Vultr
Lowendbox


OVH has the majority by a wide margin. https://chainz.cryptoid.info/crw/masternodes.dws

If all their data centers were to go down, it would be extremely profitable for everyone else.

I personally like vultr. They have a nice interface and match your first $100, and are $5 otherwise. Lots of good options though.

Also using vultr. Putting up one more as we speak.  Cool

Even have one running there on a 512MB plan ($2,5) no problems so far.

Edit: Make that two  Cool


Nice! Are you using your own script to build?

No, script from here https://docs.google.com/document/d/1BjvBg6OBKvMnZK_9swJFgI95NQmrDz8SrBo5GO-JdOE/edit
Works every time.  Smiley

Lol cool. Had so many complaints about them i've lost count. We have new guides coming very soon and make setting up a Throne much easier than the current guides.

I mean buy a vps, log into it, copy/paste = VPS done.

Nice!

Just noticed I haven't received any payouts since I've put up more then one t(h)ron(e).

With just one I received 1-3 a day. Weird. They all have been started for over a day.

Update: Payouts received for all t(h)ron(e)s!  Cool

newbie
Activity: 41
Merit: 0
very nice indeed ! Thanks for you awesome work !

After many months of tweaking Iquidus, my block explorer is finally ready for use.

http://ex.crownlab.eu/

Blocks are updated every 60 seconds.

The movement tab shows transactions above 5,000 CRW. 1k transactions are highlighted in orange...very useful for tracking Thrones as they are set up. Transactions over 100k are shown in red.

Enjoy.


legendary
Activity: 1722
Merit: 1002
Decentralize Everything
After many months of tweaking Iquidus, my block explorer is finally ready for use.

http://ex.crownlab.eu/

Blocks are updated every 60 seconds.

The movement tab shows transactions above 5,000 CRW. 10k transactions are highlighted in orange...very useful for tracking Thrones as they are set up. Transactions over 100k are shown in red.

Enjoy.

hero member
Activity: 808
Merit: 500

Net. hashrate ticking up: 8338.48 TH/s
newbie
Activity: 7
Merit: 0
BTC/CRW trading pair has been added to the TabTrader app! https://tab-trader.com
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
We've been working on a simplified method to do the VPS configuration for a Tron/Throne.

Requirements:

Ubuntu 16.04 or later (minimal or full)
A totally clean installed VPS.

Method:

Type this in your local wallet and make a note of the output:

Code:
throne genkey

Type this into your remote VPS, subsituting PUT_YOUR_TRON_PRIVKEY_HERE with the output of the above command.

Code:
sudo apt-get install curl -y && curl -s https://crowncentral.net/tron-setup/install.sh | bash -s PUT_YOUR_TRON_PRIVKEY_HERE

That's it! The script will download the wallet, synchronise it (it will take a couple of hours), set up a firewall and configure your throne.conf  automatically.

Do not try to use this script to update an existing Throne.  It will break it.

Make sure you install this on a clean VPS to maximize the chance of success.


hero member
Activity: 808
Merit: 500
720 739 Trons masternodes online

55 56 pct of the value of Crown locked  Smiley
hero member
Activity: 808
Merit: 500
Bit more info on Masternodes here, good to see Crown next to Dash and PIVX

https://www.youtube.com/watch?v=Ky44sOBh7Ig


Which is the third way quoted in STAGE 1 in >>> http://crown.tech/crown-revolution

I Luiz,

be great if you could join our private chat if you want to get involved and get to know the team and its plans.

But let me answer a bit, our third way is a situation where miners do not play a key role in the distribution of coins and keeping the network safe, since mining coins is not the most efficient way to sustain a blockchain 2.0 project. In our plans Thrones or Trons masternodes will be playing a much important role.

Let me paste here a text which will be online on crown.tech in the next few days concerning Trons:

What is a TRON?
The Crown platform utilizes masternodes called TRONs.  The minimal requirements for running a masternode are to just have a small compute session which is always on and connected to the network, and load the Crown software on it and set some configuration files up with some keys to confirm that you have the required 10,000 CRW collateral on the blockchain.
TRONs are still under development, but the TRONs on the Crown network server to:
Secure and stabilize the network and transactions.  
For those interested in how this works, there are ways that network security can be accomplished using mathematical properties which don’t involve mining algorithms, but functionally leverage randomness and network topology.  These techniques are used by a variety of different systems, from WeChat to Zookeeper -- just look up the Paxos Algorithm and go from there.  The Dash paxos implementation with InstantX is an elegant example.  
The network is secured by both the TRONs and merge-mining.  We like having multiple layers of security.

Provide another layer of governance.
TRONS will be able to make and vote on proposals for allocating the 10% of the block rewards which has been held back since the last code update in February 2017.  None of the funds held back from the block rewards have been allocated yet, and the existing development fund is composed of tokens contributed personally by members of the core team so that the project would have the resources to get to the point at which TRON voting would be turned on.  This code is in place and it is just a matter of turning it on this function that the platform inherits from Dash in the next update.

Provide Application Developers and TRON Operators with Business Opportunities
Once the API is developed, developers will be able to integrate Crown API calls and package applications which TRON operators would be able to offer to users managing the provisioning of compute resources, and payment for the application, through the Crown API in concert with other API’s or development tools.  TRON’s are, in a sense, franchises to operate a cloud application business running open source applications and accepting payment denominated in CRW.
The overall goal of the project is to do something useful with crypto.  The first use is to see if we can create an application economy running a cloud of open source applications.  The TRONs are the backbone to the Crown Cloud, which doesn’t exist yet – but which we hope to work with the community to build.

Why TRON?
Well… we needed a name.  Tron is close to the old name for the servers, throne – but a “tron” is active and not passive, and “tron” refers to the history of crypto where Hal Finney was involved with building the Atari game The Adventure of Tron.  
The key idea is that TRONs are active server nodes on the network.  A TRON can generate revenues by confirming transactions on the network – but it will also be able to use the Crown API, alongside other API’s to allow developers to build other businesses as well.
newbie
Activity: 9
Merit: 0
Bit more info on Masternodes here, good to see Crown next to Dash and PIVX

https://www.youtube.com/watch?v=Ky44sOBh7Ig


Which is the third way quoted in STAGE 1 in >>> http://crown.tech/crown-revolution
legendary
Activity: 1092
Merit: 1000
Hey guys. finally my Bittrex withdraw was fixed. apparently "the withdraw was orphaned" whatever this means.
now i need to set up a throne and it seems my local ISP might be blocking some ports....  
any recommendation on a VPS service?
cheers!

Theres quite a few.. i recommend looking around. You shouldn't be paying much more than $5 per month.

The spec you need

1GB ram
10gb hard drive (Min)
Quite some bandwidth

Examples

OVH
Vultr
Lowendbox


OVH has the majority by a wide margin. https://chainz.cryptoid.info/crw/masternodes.dws

If all their data centers were to go down, it would be extremely profitable for everyone else.

I personally like vultr. They have a nice interface and match your first $100, and are $5 otherwise. Lots of good options though.

Also using vultr. Putting up one more as we speak.  Cool

Even have one running there on a 512MB plan ($2,5) no problems so far.

Edit: Make that two  Cool


Nice! Are you using your own script to build?

No, script from here https://docs.google.com/document/d/1BjvBg6OBKvMnZK_9swJFgI95NQmrDz8SrBo5GO-JdOE/edit
Works every time.  Smiley

Lol cool. Had so many complaints about them i've lost count. We have new guides coming very soon and make setting up a Throne much easier than the current guides.

I mean buy a vps, log into it, copy/paste = VPS done.
sr. member
Activity: 301
Merit: 250
Hey guys. finally my Bittrex withdraw was fixed. apparently "the withdraw was orphaned" whatever this means.
now i need to set up a throne and it seems my local ISP might be blocking some ports....  
any recommendation on a VPS service?
cheers!

Theres quite a few.. i recommend looking around. You shouldn't be paying much more than $5 per month.

The spec you need

1GB ram
10gb hard drive (Min)
Quite some bandwidth

Examples

OVH
Vultr
Lowendbox


OVH has the majority by a wide margin. https://chainz.cryptoid.info/crw/masternodes.dws

If all their data centers were to go down, it would be extremely profitable for everyone else.

I personally like vultr. They have a nice interface and match your first $100, and are $5 otherwise. Lots of good options though.

Also using vultr. Putting up one more as we speak.  Cool

Even have one running there on a 512MB plan ($2,5) no problems so far.

Edit: Make that two  Cool


Nice! Are you using your own script to build?

No, script from here https://docs.google.com/document/d/1BjvBg6OBKvMnZK_9swJFgI95NQmrDz8SrBo5GO-JdOE/edit
Works every time.  Smiley
legendary
Activity: 1092
Merit: 1000
Hey guys. finally my Bittrex withdraw was fixed. apparently "the withdraw was orphaned" whatever this means.
now i need to set up a throne and it seems my local ISP might be blocking some ports....  
any recommendation on a VPS service?
cheers!

Theres quite a few.. i recommend looking around. You shouldn't be paying much more than $5 per month.

The spec you need

1GB ram
10gb hard drive (Min)
Quite some bandwidth

Examples

OVH
Vultr
Lowendbox


OVH has the majority by a wide margin. https://chainz.cryptoid.info/crw/masternodes.dws

If all their data centers were to go down, it would be extremely profitable for everyone else.

I personally like vultr. They have a nice interface and match your first $100, and are $5 otherwise. Lots of good options though.

Also using vultr. Putting up one more as we speak.  Cool

Even have one running there on a 512MB plan ($2,5) no problems so far.

Edit: Make that two  Cool


Nice! Are you using your own script to build?
sr. member
Activity: 301
Merit: 250
Hey guys. finally my Bittrex withdraw was fixed. apparently "the withdraw was orphaned" whatever this means.
now i need to set up a throne and it seems my local ISP might be blocking some ports....  
any recommendation on a VPS service?
cheers!

Theres quite a few.. i recommend looking around. You shouldn't be paying much more than $5 per month.

The spec you need

1GB ram
10gb hard drive (Min)
Quite some bandwidth

Examples

OVH
Vultr
Lowendbox


OVH has the majority by a wide margin. https://chainz.cryptoid.info/crw/masternodes.dws

If all their data centers were to go down, it would be extremely profitable for everyone else.

I personally like vultr. They have a nice interface and match your first $100, and are $5 otherwise. Lots of good options though.

Also using vultr. Putting up one more as we speak.  Cool

Even have one running there on a 512MB plan ($2,5) no problems so far.

Edit: Make that two  Cool
full member
Activity: 171
Merit: 100
Hey guys. finally my Bittrex withdraw was fixed. apparently "the withdraw was orphaned" whatever this means.
now i need to set up a throne and it seems my local ISP might be blocking some ports....  
any recommendation on a VPS service?
cheers!

Theres quite a few.. i recommend looking around. You shouldn't be paying much more than $5 per month.

The spec you need

1GB ram
10gb hard drive (Min)
Quite some bandwidth

Examples

OVH
Vultr
Lowendbox


OVH has the majority by a wide margin. https://chainz.cryptoid.info/crw/masternodes.dws

If all their data centers were to go down, it would be extremely profitable for everyone else.

I personally like vultr. They have a nice interface and match your first $100, and are $5 otherwise. Lots of good options though.
newbie
Activity: 6
Merit: 0
....

what could be causing this 'problem'?
5 GB takes a while.

with a 100/100mbit connection that would take like 15min, not 12+ hours and counting.
With P2P, the determining factor is the UL speed of peers, not your DL speed. You can only download information as fast as someone can send it to you; if you could download at the speed of light and you're connected to someone on dial-up, you're still only going to get the information at 56 kbit/s. Wink

i just installed an Ubuntu 16.04 VM on the same machine, this wallet has already passed my Windows machine with syncing in just 10 minutes.
i do understand that if there are no seeds my speed will be reducted. But the test with Linux proves there is no network/p2p bottleneck.

Windows client has 12 connections while the Linux client had 9.

Possibly a problem with the Windows Client?


....

what could be causing this 'problem'?
5 GB takes a while.

with a 100/100mbit connection that would take like 15min, not 12+ hours and counting.

Where are you located? We've been trying to bring online some more nodes in different regions of the world. There was also an issue in malaysia until recently.

I'm located in the Netherlands.
legendary
Activity: 964
Merit: 1000
....

what could be causing this 'problem'?
5 GB takes a while.

with a 100/100mbit connection that would take like 15min, not 12+ hours and counting.

Where are you located? We've been trying to bring online some more nodes in different regions of the world. There was also an issue in malaysia until recently.
hero member
Activity: 1092
Merit: 552
Retired IRCX God
....

what could be causing this 'problem'?
5 GB takes a while.

with a 100/100mbit connection that would take like 15min, not 12+ hours and counting.
With P2P, the determining factor is the UL speed of peers, not your DL speed. You can only download information as fast as someone can send it to you; if you could download at the speed of light and you're connected to someone on dial-up, you're still only going to get the information at 56 kbit/s. Wink
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