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Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes | - page 120. (Read 317079 times)

legendary
Activity: 1092
Merit: 1000
I attempted to join the Crown MatterMost today... after signing up and selecting the team, I was greeted by this:





Apologies, this is now fixed.

The community grew faster than my server Cheesy

I'll be voting yes on your proposal to fund mattermost hosting costs Wink
member
Activity: 87
Merit: 10
I attempted to join the Crown MatterMost today... after signing up and selecting the team, I was greeted by this:





Apologies, this is now fixed.

The community grew faster than my server Cheesy

Thank you stonehedge....
member
Activity: 87
Merit: 10
trying to get a throne going on Windows, firewall disabled, key generated, crown.conf file adjusted, when throne start I get this error:

Not capable throne: Could not connect to xx.xx.xx.xx:9340 (ip address instead of xx)


https://github.com/Infernoman/Crown/releases/tag/fix-hot-throne

Hot thrones had some issues on the last release. And we didnt want to push out a new version for a small release. Please download the client above.

downloaded suggested version, got a different message: "Not capable throne: Could not find suitable coins!" (required 10K CRW is in that wallet)

You need exactly 10k in a single transaction sent to a single address. Can you confirm that you have this? Just having 10k in your wallet isn't enough

Three quick notes:
1. Over time the amount of collateral to run a tron/throne may change -- this will be decided based on tron voting / node voting capability inherited from Dash which will be implemented soon.  The preference of the team is not to change the collateral amount until after the meeting in Prague at the end of April and the release of the API. 

2. Please refer to the previous post I put up regarding how to think about the value of a Tron (not a throne -- we need to leave that behind, a throne sits still -- but the goal is to shift to an active node providing applications as well as transaction confirmation)... owning a single Tron gives the operator what may be thought of as a "franchise" to develop and offer applications in the cloud.  In this second phase (API enable Crown, but not the core updates yet), the focus is really on starting to build a community of node operators and application developers.  So once this community starts to come together, I think we will be able to start to think about what the "right" collateral amount for a "node" and what sorts of applications are working well or not. 

3. My guess is that if one doesn't have the capital for a tron or throne, other options will emerge for fractional ownership - as they have with other coins with masternodes... it's a business opportunity for someone. And if you have some skills or interest in coding, developing/packaging applications to work with the API and run "on" the network (on the network probably doesn't literally mean in the same VM or VPS instance as the core for a number of reasons -- but that would be up to the node operator). 

So if one is interested in CRW but the price rise puts owning and operating a throne out of reach for now -- please keep an eye on the thread and we hope to have our API in a form where people can start to play with it and learn soon.  Then, if it works, that opens up a way for developers to capitalize or profit from their skills on the network -- and that's one of the things that the core team is excited to be able to do.
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
I attempted to join the Crown MatterMost today... after signing up and selecting the team, I was greeted by this:





Apologies, this is now fixed.

The community grew faster than my server Cheesy
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
I attempted to join the Crown MatterMost today... after signing up and selecting the team, I was greeted by this:





Er, that is worrying.

Please bare with me while I investigate
full member
Activity: 203
Merit: 151
I attempted to join the Crown MatterMost today... after signing up and selecting the team, I was greeted by this:



sr. member
Activity: 392
Merit: 250
looks really good, but 4btc for a throne, is a bit much not? specially since its a new coin

Your problem is that your timing is bad, 5 weeks ago (or so), setting up a throne would have cost you only 0.1BTC - 0.15BTC, thus not expensive at all.


if thats the case then shame on me ! youre right 4btc is still ok for that kind of roi

full member
Activity: 171
Merit: 100
looks really good, but 4btc for a throne, is a bit much not? specially since its a new coin

Dash is currently 100 btc for a 9% ROI. Crown was around a 60% ROI before the price explosion, now it's well beyond that. 4 btc doesn't seem like a bad price point in my opinion. I certainly haven't sold any thrones. Just a few days profit to cover hosting costs for the forseeable future.
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
trying to get a throne going on Windows, firewall disabled, key generated, crown.conf file adjusted, when throne start I get this error:

Not capable throne: Could not connect to xx.xx.xx.xx:9340 (ip address instead of xx)


https://github.com/Infernoman/Crown/releases/tag/fix-hot-throne

Hot thrones had some issues on the last release. And we didnt want to push out a new version for a small release. Please download the client above.

downloaded suggested version, got a different message: "Not capable throne: Could not find suitable coins!" (required 10K CRW is in that wallet)

You need exactly 10k in a single transaction sent to a single address. Can you confirm that you have this? Just having 10k in your wallet isn't enough
member
Activity: 112
Merit: 10
looks really good, but 4btc for a throne, is a bit much not? specially since its a new coin

Your problem is that your timing is bad, 5 weeks ago (or so), setting up a throne would have cost you only 0.1BTC - 0.15BTC, thus not expensive at all.
member
Activity: 174
Merit: 10
Mundus Ex Plurimum
trying to get a throne going on Windows, firewall disabled, key generated, crown.conf file adjusted, when throne start I get this error:

Not capable throne: Could not connect to xx.xx.xx.xx:9340 (ip address instead of xx)


https://github.com/Infernoman/Crown/releases/tag/fix-hot-throne

Hot thrones had some issues on the last release. And we didnt want to push out a new version for a small release. Please download the client above.

downloaded suggested version, got a different message: "Not capable throne: Could not find suitable coins!" (required 10K CRW is in that wallet)
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
looks really good, but 4btc for a throne, is a bit much not? specially since its a new coin

New coin? Crown launched in October 2014.
sr. member
Activity: 392
Merit: 250
looks really good, but 4btc for a throne, is a bit much not? specially since its a new coin
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
Hey guys,

new crown enthusiast here.

Is there a slack active for this coin?

greetz

We use mattermost.

Come join us.

mm.crownlab.eu
full member
Activity: 166
Merit: 100
Hey guys,

new crown enthusiast here.

Is there a slack active for this coin?

greetz
legendary
Activity: 964
Merit: 1000
trying to get a throne going on Windows, firewall disabled, key generated, crown.conf file adjusted, when throne start I get this error:

Not capable throne: Could not connect to xx.xx.xx.xx:9340 (ip address instead of xx)


https://github.com/Infernoman/Crown/releases/tag/fix-hot-throne

Hot thrones had some issues on the last release. And we didnt want to push out a new version for a small release. Please download the client above.
newbie
Activity: 41
Merit: 0
https://i.imgur.com/0GisOfc.jpg

CRW Statistics & Tron Earnings Calculator

For any newcomers and potential investors, welcome!

Use the following tool to get a quick and easy overview of the CRW network and the income your Tron(s) will generate.

https://stats.crowncentral.net/

Just want to jot a note, and say that from my perspective one shouldn't look at the tokens as an investment -- but an experiment.  If you understand what the experiment is, and want to take part in it -- then you can accumulate tokens in different ways, but the easiest way is to buy them.

The ideas behind the experiment are outlined at a high level in a brief set of papers, the Crown Papers, which are available on the website.

The implementation details of the project are a work in process.  The next step will be the release of an API which will handle the "conversation" between applications and the trons (nodes) managing them.  The API will enable an application economy, in which trons will offer applications, developers of applications will negotiate revenue sharing arrangements with the trons running their applications and users will be able to pay for the applications using CRW.  The purpose of the API isn't to be a tool for the core team to develop apps and make money -- it's will be a tool that just comes with the platform and is there to enable node operators and developers to build businesses or experiment with.

While the Tron Operator and Developer community is getting comfortable with the API, work will continue on tightening and accelerating the functionality of the Crown core, which will just be focused on keys and transactions - nothing else to distract it.

And along the way there will be a steady drumbeat of other features being integrated in different ways -- Infernoman has a nice list of what he knows he wants to make sure we get baked in.  And we will welcome ideas from the community -- while the broad plan is set -- the details/implementation of anything can almost always be improved.

I bring up the API and quote LucD88's reference to the throne yield calculations just to illustrate that while the throne returns from the block rewards are interesting -- the real opportunity for the platform will be building out applications and uses.  The thrones will be able to earn revenues from the applications they provide -- and this is important to note -- because if the project is core team is able to build what is envisioned - then each throne is functionally a cloud service provider and depending on the configuration and tools utilized by the tron operator -- one throne could be, effectively, an elastic service provider.  Because the thone gets a proportional share of the block reward -- but in the application sharing, the bulk of the revenues will go to the tron which provides the compute capacity for the application....

This is why Stonehedge's post about how he has built and has his tron's running as a primitive "tron swarm" is probably worth going back and reading if you are curious.

Since, the "marginal economic value" of a CRW token will arguably be the price at which a node operator would buy the token to place in collateral for operating a sort of "crown cloud franchise" versus letting it be used in exchange -- the bottom line that this whole discussion maps back to is what a reasonable price for a token might be.  And that will depend on the vigor of the application economy which entrepreneurs set up on the Crown platform... which hasn't happened yet.

But that's kind of how I think of it and it gives folks a little bit of a structure for trying to figure it out for themselves.  As stated -- this is all an experiment which is in process -- and to an extent it's success will depend on having enough people believe it will be successful to work to make it successful.

The encouraging feedback from the market price at this point isn't that the team has accomplished their goal yet -- but it is that some of the folks out there watching are starting to believe.  Now the team has to deliver.


I enjoyed reading your perspective. Thanks for sharing.
member
Activity: 87
Merit: 10


CRW Statistics & Tron Earnings Calculator

For any newcomers and potential investors, welcome!

Use the following tool to get a quick and easy overview of the CRW network and the income your Tron(s) will generate.

https://stats.crowncentral.net/

Just want to jot a note, and say that from my perspective one shouldn't look at the tokens as an investment -- but an experiment.  If you understand what the experiment is, and want to take part in it -- then you can accumulate tokens in different ways, but the easiest way is to buy them.

The ideas behind the experiment are outlined at a high level in a brief set of papers, the Crown Papers, which are available on the website.

The implementation details of the project are a work in process.  The next step will be the release of an API which will handle the "conversation" between applications and the trons (nodes) managing them.  The API will enable an application economy, in which trons will offer applications, developers of applications will negotiate revenue sharing arrangements with the trons running their applications and users will be able to pay for the applications using CRW.  The purpose of the API isn't to be a tool for the core team to develop apps and make money -- it's will be a tool that just comes with the platform and is there to enable node operators and developers to build businesses or experiment with.

While the Tron Operator and Developer community is getting comfortable with the API, work will continue on tightening and accelerating the functionality of the Crown core, which will just be focused on keys and transactions - nothing else to distract it.

And along the way there will be a steady drumbeat of other features being integrated in different ways -- Infernoman has a nice list of what he knows he wants to make sure we get baked in.  And we will welcome ideas from the community -- while the broad plan is set -- the details/implementation of anything can almost always be improved.

I bring up the API and quote LucD88's reference to the throne yield calculations just to illustrate that while the throne returns from the block rewards are interesting -- the real opportunity for the platform will be building out applications and uses.  The thrones will be able to earn revenues from the applications they provide -- and this is important to note -- because if the project is core team is able to build what is envisioned - then each throne is functionally a cloud service provider and depending on the configuration and tools utilized by the tron operator -- one throne could be, effectively, an elastic service provider.  Because the thone gets a proportional share of the block reward -- but in the application sharing, the bulk of the revenues will go to the tron which provides the compute capacity for the application....

This is why Stonehedge's post about how he has built and has his tron's running as a primitive "tron swarm" is probably worth going back and reading if you are curious.

Since, the "marginal economic value" of a CRW token will arguably be the price at which a node operator would buy the token to place in collateral for operating a sort of "crown cloud franchise" versus letting it be used in exchange -- the bottom line that this whole discussion maps back to is what a reasonable price for a token might be.  And that will depend on the vigor of the application economy which entrepreneurs set up on the Crown platform... which hasn't happened yet.

But that's kind of how I think of it and it gives folks a little bit of a structure for trying to figure it out for themselves.  As stated -- this is all an experiment which is in process -- and to an extent it's success will depend on having enough people believe it will be successful to work to make it successful.

The encouraging feedback from the market price at this point isn't that the team has accomplished their goal yet -- but it is that some of the folks out there watching are starting to believe.  Now the team has to deliver.
member
Activity: 174
Merit: 10
Mundus Ex Plurimum
trying to get a throne going on Windows, firewall disabled, key generated, crown.conf file adjusted, when throne start I get this error:

Not capable throne: Could not connect to xx.xx.xx.xx:9340 (ip address instead of xx)
hero member
Activity: 1232
Merit: 501
Is there anyone here who has a bootstrap file for the latest Crowncoin?
CryptoChainer.com
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