Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes | - page 186. (Read 317079 times)

Thanks for your honesty, I couldn't ask for anything more.

I confirm crowncoin_knight has been here from literary day 1 and has invested 1000s of pounds. He single handedly paid for Domob to do all the coding this time last year... i guess it was CCK that bought to 1200 sats.

Also, at current supply, i calculate CCK is only up 80%-100% on his initial investment of 10k euros.

Not much really.

The former Crowncoin team - 5 people + myself hold cca 1.8 to 2m coins (myself at 1.4m now - from which 300k I am holding for someone else) . I have been here from the very beginning and have been investing 10k eur in the coin in the last 2 years - development of the coin (mergedmining, naming, timestamping, web, etc) and buying on a market when coin had no value, believe me this was sometimes extremely frustrating - I was the one who at least 7 times avoided delisting from c cex. I strongly believed in Crown and I knew in my heart it will succeed one day. After old team members left because of lack of faith, new guys here - defuctec, stonehedge and chaositec came from the sky. And now our team has 12 members from Australia through Europe to US - we can say we are a worldwide team.

As one of the core team members and a co-founder of this coin, I only want Crown to succeed - I am and will be constantly contributing to further development from my holding. I said this before, my approach is: "first in last out"

I hope this will answer some questions above and show the community we are as open as possible.

I remember this all very well, someone bought in this time last year with huge volume and bought from sub 100 sat to over 1200 sats.

Brave saying not much was happening here

let see if how this can be explained and who's holding this amount of coin, just keep buying little by little.

I can confirm atleast 185k are burned forever.

I'll leave it to somebody else to give a view on this but I do know that a small number (one or two) of those addresses have been lost forever.  

This coin has been as low as 50 sats in the last year and members of the original team kept it going.  I suspect that most of those addresses are original investors who didn't cash out when Crowncoin wasn't worth anything. Lucky people.

There are 1.5m coins that appear to be owned or at least controlled by one person.  This needs to be explained.

Great to bring to attention! I believe that CRW will make new heights.

over how long were you scanning the chain?

After detailed analysis our drones have a small, but potentially useful announcement.

The Hive would like to bring the Crown community's attention to the fact that in the top approx. 100 addresses there are a total of 45 addresses that haven't been touched in over a year & in some cases over two years. All of which amount to the grand total of 2,464,691 CRW.

Thrones=2,760,000
Untouched wallets=2,464,691

Sum of total Crown off markets= 5,224,691

Effective coin supply then, can be imagined to be about half of the total when including all of the coins locked in collateral.

With deep curiosity,

~ The Hive ~

The Android Throne app is still about a week away because we decided to include some extra bits after testing. Really looking forward to it being available.

I've got a test version. In my Nexus 5x and it's looking great.

we are all great minds, the difference is, we need people that think in different directions to look at it when we start hitting testnet

The conversation on this thread about the economics of our solution is going to be extremely entertaining. Deep down, I have very high confidence that the pieces of the puzzle fit together very nicely but I'll be more confident once the puzzle has been pulled apart and reassembled by greater minds than ours.

the principles will work, the technically solution will also work, success or not, depends on outside sources...

You're right.  We have a technical solution.  Only one way to find out if its works economically.

Glad to have you keeping an eye on us mate 

No, you already have the solution.   

Technically, anyway. We could argue about the economics but here's my succinct take on that: userbase will add more value to a digital token then any amount of Proof-of-Waste.

There will always have to be a way to cryptographically secure a blockchain and control the emission of coins. To that extent, mining isn't going anywhere.  Its just going to change shape.

In the predicted future of millions of decentralised blockchain services and applications, do you really think that it will be secured by millions of ASICs chomping through natural resources and taking up space?

Something like 60% of the Bitcoin network is based within 30mi of the 3 Gorges Dam. What is the cost of entry for a Bitcoin miner to set up large enough to turn a profit?

Whats the deal with X11? An ugly solution to one problem which has lead to an algorithm that is designed to be as inefficient as possible? How does that fit into the modern world?

If you ignore the fact that Crown is merge mined, it would cost $4,000 per hour to pay the fuel bill to mine Crown alone. I'm not sure I have enough digits on my calculator to work it out for Bitcoin.

There needs to be another way for blockchain to continue developing to the point of mass adoption.

For me to post here and say WE HAVE THE SOLUTION would be wrong.  That would be like me saying hey, the internet has reached peak development and be like this in 20 years time. It would be total bullshit...I just couldn't back up such a claim.  Why would technological progress just suddenly stop?

What I can say is that we have is a feasible and practical alternative to Proof of Work and Proof of Stake that we believe solves the major problems with those protocols.

EDIT:  Went on a bit of a posting rant.  Consolidated three messages into one. Normalisation ftw.

This is going to be big if the devs have actually figured a way to secure the blockchain without mining....

The Hive finds it hard to believe, but is insatiably curious.

~ The Hive ~

cool very nice to see hope it will bring attraction to this project dev, good luck and more progress to come.

First draff for new Crown wallet.

Well, I didn't sleep at all last night. What we have planned is still sinking in.

It looks like we're holding a meeting in London in the first week of December. Our team is spread from Vancouver to Sydney and lots of places in between so we'll be earning some airmiles for sure.

Looks like a few more people are buying CRW but still nobody selling. I wonder when the dam will burst?