[ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes | - page 186.

Golftech

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Quote from: stonehedge on October 19, 2016, 03:04:01 AM

Quote from: Mavricks on October 19, 2016, 02:52:38 AM

Quote from: TheHiveMind on October 18, 2016, 10:35:03 PM

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 ~

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

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.

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

infernoman

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Quote from: stonehedge on October 19, 2016, 03:04:01 AM

Quote from: Mavricks on October 19, 2016, 02:52:38 AM

Quote from: TheHiveMind on October 18, 2016, 10:35:03 PM

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 ~

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

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.

I can confirm atleast 185k are burned forever.

stonehedge

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Quote from: Mavricks on October 19, 2016, 02:52:38 AM

Quote from: TheHiveMind on October 18, 2016, 10:35:03 PM

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 ~

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

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.

Mavricks

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Activity: 77

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Quote from: TheHiveMind on October 18, 2016, 10:35:03 PM

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 ~

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

infernoman

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Activity: 964

Merit: 1000

Quote from: TheHiveMind on October 18, 2016, 10:35:03 PM

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 ~

over how long were you scanning the chain?

TheHiveMind

member

Activity: 125

Merit: 10

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 ~

stonehedge

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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.

CHAOSiTEC

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Quote from: stonehedge on October 18, 2016, 12:27:11 PM

Quote from: CHAOSiTEC on October 18, 2016, 12:23:54 PM

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

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.

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

stonehedge

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Quote from: CHAOSiTEC on October 18, 2016, 12:23:54 PM

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

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.

CHAOSiTEC

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

stonehedge

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Quote from: thelonecrouton on October 18, 2016, 10:54:17 AM

Quote from: stonehedge on October 18, 2016, 09:19:55 AM

For me to post here and say WE HAVE THE SOLUTION would be wrong.

No, you already have the solution. Wink

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.

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

thelonecrouton

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Quote from: stonehedge on October 18, 2016, 09:19:55 AM

For me to post here and say WE HAVE THE SOLUTION would be wrong.

No, you already have the solution. Wink

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.

stonehedge

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Quote from: TheHiveMind on October 18, 2016, 09:06:48 AM

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 ~

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.

TheHiveMind

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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 ~

Golftech

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Quote from: defunctec on October 18, 2016, 04:24:36 AM

First draff for new Crown wallet.

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

defunctec

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First draff for new Crown wallet.

stonehedge

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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?

dearbesz1219

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Activity: 924

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Quote from: defunctec on October 17, 2016, 06:32:22 PM

Quote from: stonehedge on October 17, 2016, 12:45:13 PM

Update 17th October 2016

Building Foundations.

Progress continues on the Bitcoin Core update and our improvements to the Throne/Masternodes system. We expect work on the core update and service network improvements to continue throughout November with testing and release anticipated to happen in December 2016.

Service Network Growth.

The number of Thrones operating on the Crowncoin network grew to a record high of 276 in the last week. If you own 10,000 CRW we encourage you to operate a Throne to help us achieve our long term objectives. At current spot price a Throne generates about 20 USD profit per month after your hosting costs are deducted. If you need help setting up a Throne please ask on the BCT thread or contact Chaositec to take advantage of his excellent Throne hosting service.

Rebranding.

Crowncoin is to be renamed Crown to formalise the change in direction since it was launched in 2014. Defunctec and Crowncoin Knight will be leading this work and engaging the community separately. The decision has also been made to abandon our European centric theme while being sure to acknowledge and remember the origins of this project.

New Team Member.

The Crown core team has been joined by Urban Idler who brings with him a successful career in the US equity markets and a clarity of mind that is already helping the Crown team develop our future services. Being able to attract the likes of his talent and expertise is an honour for the Crown team.

Introducing Crown Revolution.

The Crown team are excited to announce Crown Revolution, a programme of work that is expected to begin in Q1 2017 and complete in Q4 2018.

Crown Revolution is a series of revolutionary releases that we believe will reshape the future of blockchain

Over the last two years, Chaositec, who is the architect of the concept, has been refining his vision and our preparations have reached the stage where the delivery phase can begin. We're delighted that the Crown network is where Chaositec's vision is going to be realised. Crown Revolution will be delivered in two stages.

Crown Revolution Stage 1

Crown Revolution Stage 1 will be a game changing improvement to the network. Currently, the vast majority of blockchain projects are secured by either Proof of Work or Proof of Stake. The Crown team do not believe that these two methods are the future of Blockchain. We have a third way.

Crown Revolution Stage 2

Crown Revolution Stage 2 will see the implementation of a solution to the blockchain block size problems and transaction volume limits that conventional blockchain technology is susceptible to. Stage 2 will also provide an API that will allow developers to deploy services using Crown Revolution.

Programme Approach

A series of reports and white papers will be written to explain the rationale and method behind the Crown Revolution vision and milestones. The release of these papers will be carefully timed to minimise the risk of losing our first mover advantage.

In addition to these reports and whitepapers we will continue to provide detailed updates as regularly as we have have something to share.

The team will choose a lightweight management methodology to use during the course of the programme of delivery. This will be announced at a later date.

In order to make this a success we need a strong community behind us and we recognise how essential regular open and honest communications are. This is a two year programme of work. There will be breakthroughs and setbacks and we need you with us all of the way.

We remain indebted to you for your support so far.

The Crown Team.

One must reread this post for it to truly sink in.

Most important info in red Wink

I'm so happy and glad to hear in your update that crown coin little by little is establishing a good community here in crypto world. And its grateful to me that the team of the crown accepted me in the campaign though on my first week of posting I failed but this week I will be more care and double check the rules you have in your campaign.

stonehedge

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Quote from: sitonmythrone on October 17, 2016, 05:59:42 PM

Quote from: stonehedge on October 17, 2016, 12:48:08 PM

Reserved

nice..... Crown Revolution...

more to come?? Grin

...weird no price movement...

We've just announced a two year programme of work. I'm pretty glad that we haven't just gone to the moon based on one update.

mia_houston

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Great news Update 17th October 2016 well Team still working hard there i guess.Im very happy to see this CrownCoin had a good comunnity at least that will convince to investors for invest more.

Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes | - page 186. (Read 316957 times)