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Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes | - page 184. (Read 317079 times)

full member
Activity: 180
Merit: 100
why such mean language and rukus today...

bad for community and new people....

member
Activity: 125
Merit: 10
He who fights with monsters should be careful lest he thereby become a monster.
And if thou gaze long into an abyss, the abyss will also gaze into thee.

Go forth drones. Make haste.

~ The Hive ~
legendary
Activity: 1092
Merit: 1000
The Hive notices that you, Mr. Stone, do not seem to think that the POW protocol is a sustainable one and thus needs an update. There seem to be plausible arguments against POW. However, we have yet to see you state any detailed arguments against POS. We know one of them -- susceptibility to 51% attacks. What are some other issues that you see with POS?

Separately, won't coins that are POW just be able to switch their consensus protocol if it becomes a problem?

~ The Hive ~

I'm not ignoring your question.  I'm just taking a while to think about it.

Thanks for keeping us informed. We figured you might be developing a response to it.

~ The Hive ~

This isn't as detailed a response as Stonehedge will give, but here's a few problems with PoS..

From
https://cointelegraph.com/news/the-inevitable-failure-of-proof-of-stake-blockchains-and-why-a-new-algorithm-is-needed

Quote
This being said, even if a PoS currency is safe for up to 99.9999999999999999999999999%, someone will eventually get enough stake to manipulate the blockchain.

Here is why:

Quote
"If the rich are more likely to get a block, they are more likely to collect the reward for the block. Every block they get, the richer they become. The richer they become, the more likely they are to collect the reward for a block.

This keeps going on for the life to the cryptocurrency and if the cryptocurrency lives long enough, it will see 51% stake holders, or 91% stake holders, or even 99.91% stake holders. It is only a matter of time."
member
Activity: 125
Merit: 10
We apologize to everyone aside from the idiot for our explicit outburst. We had an inexperienced drone manning the keyboard today and it is prone to losing control of its emotions.

We await patiently for Mr. Stone to give us his well thought out response to our inquiries.

~ The Hive ~
member
Activity: 125
Merit: 10
Well, this project impressed me too.. I wasn't aware of crowncoin before but few days ago I saw this in someone's signature. and then I started reading about it. I see the market, exchange, and the market cap value.. and now I can say this is a very promising Altcoin and a good choice for traders.
the most perfect thing is most coin supply are in th developers hand, so traders can't dump this coin in big amount.
it makes it an Ideal Coin for trading.
how is that perfect?? the devs holding most of the coins is troublesome wtf

why would anyone invest in this coin if most is held by the dev team? i dont see one positive thing about that

no rly the coin has potential but 20% or even more owned by a few guys is terrible distribution sorry

and why is monsieur hivemind speaking in plural and so extremely exaggerated? is he retarded? Kiss

Where the fuck did this idiot come from?

Now listen here you impotent, tiny brained, not-even-throne-owning, oaf. We have a fucking bag of crown so large that your frail little self wouldn't be able to lift it without getting some of the worst hemorrhoids you've ever had. Worse even than when you got pounded by so many dudes your asshole prolapsed and hung lower than your microdong.

Also, please spare us and go back to third grade so you can learn some punctuation.

~ The Hive ~
legendary
Activity: 1092
Merit: 1000
One person controls 10% of the coins in return for investing a five figure sum of euros in development. That leaves 9 million coins. You are exaggerating quite a bit.

Also, even if what you claim is true...find me a coin where that isn't the case. At least we know who our Satoshi is.

Why sign up a new BCT account just to post on Crown? What do you have to hide?
fair enough. youre right but only as long as those with such amounts support the coin. i came off a bit wrong but what im trying to say is that it might scare off investors. transparency is great and i applaud you for that i really do.

dont worry this account isnt new, i just deleted all my previous posts. didnt know it would set my activity back to 0 lol

and im close to my first throne but damn the market is dry

If you play nice, I will offer you a good deal to help you get on the Throne ladder  Kiss
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
One person controls 10% of the coins in return for investing a five figure sum of euros in development. That leaves 9 million coins. You are exaggerating quite a bit.

Also, even if what you claim is true...find me a coin where that isn't the case. At least we know who our Satoshi is.

Why sign up a new BCT account just to post on Crown? What do you have to hide?
fair enough. youre right but only as long as those with such amounts support the coin. i came off a bit wrong but what im trying to say is that it might scare off investors. transparency is great and i applaud you for that i really do.

dont worry this account isnt new, i just deleted all my previous posts. didnt know it would set my activity back to 0 lol

and im close to my first throne but damn the market is dry

I agree with you that the distribution isn't ideal from an investors point of view. Then again, all coins held by the original dev team were bought fairly on the open market...the vast majority before the new dev team were even aware of crowncoin. It takes two to trade...somebody had to sell too. Remember that for every large bag holder there are many more coins out there own by persons unknown.

For what it's worth, I'm market selling all my throne income to try to ease the dry market a bit. I hope other people will do the same and that miners dump regularly. People just don't want to sell at the moment.

You'll get to a Throne soon. Do you have any skills that might be useful to the project? Get involved...we tend to pay bounties as often as we can. The more the merrier.

As for scarcity, there will be a tipping point where people start to cash out their long term investments. The market won't be dry forever.




legendary
Activity: 1092
Merit: 1000
Well, this project impressed me too.. I wasn't aware of crowncoin before but few days ago I saw this in someone's signature. and then I started reading about it. I see the market, exchange, and the market cap value.. and now I can say this is a very promising Altcoin and a good choice for traders.
the most perfect thing is most coin supply are in th developers hand, so traders can't dump this coin in big amount.
it makes it an Ideal Coin for trading.


why would anyone invest in this coin if most is held by the dev team? i dont see one positive thing about that


And you claim other people to be retarded...

legendary
Activity: 1722
Merit: 1002
Decentralize Everything
Genuine question...what is the risk of one person owning one million coins?

Are they going to screw their own sizeable fiat investment by dumping on the market?

Even if they set up 100 Thrones they still wouldn't have enough to influence Throne consensus.

legendary
Activity: 1722
Merit: 1002
Decentralize Everything
Well, this project impressed me too.. I wasn't aware of crowncoin before but few days ago I saw this in someone's signature. and then I started reading about it. I see the market, exchange, and the market cap value.. and now I can say this is a very promising Altcoin and a good choice for traders.
the most perfect thing is most coin supply are in th developers hand, so traders can't dump this coin in big amount.
it makes it an Ideal Coin for trading.
how is that perfect?? the devs holding most of the coins is troublesome wtf

why would anyone invest in this coin if most is held by the dev team? i dont see one positive thing about that

no rly the coin has potential but 20% or even more owned by a few guys is terrible distribution sorry

and why is monsieur hivemind speaking in plural and so extremely exaggerated? is he retarded? Kiss

One person controls 10% of the coins in return for investing a five figure sum of euros in development. That leaves 9 million coins. You are exaggerating quite a bit.

Also, even if what you claim is true...find me a coin where that isn't the case. At least we know who our Satoshi is.

Why sign up a new BCT account just to post on Crown? What do you have to hide?
member
Activity: 125
Merit: 10
The Hive notices that you, Mr. Stone, do not seem to think that the POW protocol is a sustainable one and thus needs an update. There seem to be plausible arguments against POW. However, we have yet to see you state any detailed arguments against POS. We know one of them -- susceptibility to 51% attacks. What are some other issues that you see with POS?

Separately, won't coins that are POW just be able to switch their consensus protocol if it becomes a problem?

~ The Hive ~

I'm not ignoring your question.  I'm just taking a while to think about it.

Thanks for keeping us informed. We figured you might be developing a response to it.

~ The Hive ~
hero member
Activity: 1039
Merit: 510
Good job on the progress!

I have tried sending a tx some hours ago which still is unconfirmed. How can I fix this? Which block explorer is most up to date?

I have sent it through the 0.9.2 64bit Windows wallet which I installed on the 9th of August.

EDIT: also, my wallet does not seem to sync, also it shows 6 active connections. Could it have something to do with this?
I think you're still on an old version, make sure you get the latest version at http://crowncoin.org/wallet

Thanks, yes I guess this was it. A bit confusing since both versions are marked as 0.9.2

Does this now mean then that the CRW that I sent yesterday are lost?

Problem solved, all coins recovered!

Thanks a lot to stonehedge for the instantaneous support via pm!

Turned out I had to run the wallet in command line with "-zapwallettxes"
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
The Hive notices that you, Mr. Stone, do not seem to think that the POW protocol is a sustainable one and thus needs an update. There seem to be plausible arguments against POW. However, we have yet to see you state any detailed arguments against POS. We know one of them -- susceptibility to 51% attacks. What are some other issues that you see with POS?

Separately, won't coins that are POW just be able to switch their consensus protocol if it becomes a problem?

~ The Hive ~

I'm not ignoring your question.  I'm just taking a while to think about it.
hero member
Activity: 2128
Merit: 520
Crowncoin VPS Tutorial

Its out, click the green text to watch the video.
thank you for sharing this mate, i got some idea now how it will run so it gets my attention better to invest with it and
make some good profits in returned, good luck dev team.
hero member
Activity: 1039
Merit: 510
Good job on the progress!

I have tried sending a tx some hours ago which still is unconfirmed. How can I fix this? Which block explorer is most up to date?

I have sent it through the 0.9.2 64bit Windows wallet which I installed on the 9th of August.

EDIT: also, my wallet does not seem to sync, also it shows 6 active connections. Could it have something to do with this?
I think you're still on an old version, make sure you get the latest version at http://crowncoin.org/wallet

Thanks, yes I guess this was it. A bit confusing since both versions are marked as 0.9.2

Does this now mean then that the CRW that I sent yesterday are lost?
copper member
Activity: 1876
Merit: 533

Works on new Crown web going ahead well - the team is shaping up the texts and our designer / coder Martin is working hard on our dev web. We hope to be ready during next week.


Glad to hear that..
and very excited to see the new designs.
hero member
Activity: 808
Merit: 500

Works on new Crown web going ahead well - the team is shaping up the texts and our designer / coder Martin is working hard on our dev web. We hope to be ready during next week.
legendary
Activity: 1092
Merit: 1000
Good job on the progress!

I have tried sending a tx some hours ago which still is unconfirmed. How can I fix this? Which block explorer is most up to date?

I have sent it through the 0.9.2 64bit Windows wallet which I installed on the 9th of August.

EDIT: also, my wallet does not seem to sync, also it shows 6 active connections. Could it have something to do with this?

Blockexploer links are in the OP
hero member
Activity: 525
Merit: 510
Good job on the progress!

I have tried sending a tx some hours ago which still is unconfirmed. How can I fix this? Which block explorer is most up to date?

I have sent it through the 0.9.2 64bit Windows wallet which I installed on the 9th of August.

EDIT: also, my wallet does not seem to sync, also it shows 6 active connections. Could it have something to do with this?
I think you're still on an old version, make sure you get the latest version at http://crowncoin.org/wallet
legendary
Activity: 1302
Merit: 1037
Crowncoin VPS Tutorial

Its out, click the green text to watch the video.
thanks for this.
before i was not much intrested in this coin.
but after few days i join campaign,especially when i saw thread about it,i like it.
hope i will get some good profit.

Well, this project impressed me too.. I wasn't aware of crowncoin before but few days ago I saw this in someone's signature. and then I started reading about it. I see the market, exchange, and the market cap value.. and now I can say this is a very promising Altcoin and a good choice for traders.
the most perfect thing is most coin supply are in th developers hand, so traders can't dump this coin in big amount.
it makes it an Ideal Coin for trading.
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