Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes | - page 193. (Read 316957 times)

We absolutely have thought of services for the Crowncoin network, the current lead dev has the killer app but
he holds his cards close to his chest (understandable). I assure you Crowncoin will not be 'just another DASH clone' for long.
We have a real passion for the plans and ideas we have and think Crowncoin can benefit all Crypto currencies.

VPS - OVH or contact CHAOSiTEC... However you'd be doing crowncoin a fever if you could find another provider (decentralisation )

OVH = $3.50
Chaositec = $2.60

We would like to agree with the above statements, specially the aspect about revenue generating services. It is probable that the dev team has thought of useful services that will generate value. They just haven't told us yet. Much hush hush around this, due to protecting IP.

RE: VPSs. What services do the denizens of CRW use?  

 ^( '-' )^ | The Hive would like to set up its very own Throne room. | ^( '-' )^

We see Vultr could work for 5 USD / month. But we might want one that's less expensive.

~ The Hive ~

I've made my position on Proof-of-Waste clear many times - it's grotesquely inefficient, comically insecure, and economically infantile.

To try and be constructive though...

I would suggest that the CRW team start thinking about how CRW might provide actually useful services to people via your overlay network. Services that might actually provide a revenue stream and thus increase the market desirability of your digital token.

Go look at the CPU stats on your VPS's - they spend 99% of their time doing absolutely nothing. There are dozens of Dash clones, none of them do anything useful.

I told Evan Duffield two years ago that he should focus on making network resources available to potential customers, he's belatedly in the process but he's taking his own sweet time about it and making it as painfully overcomplicated as possible.

coins101 made a post in the WallObserver thread a week or so ago about how pathetically few actual users BTC has worldwide, after 7 years. He was dismissed by the usual collection of delusional zealots. BTC is useless to most people, as are most other crytocurrencies. It's not even any good at it's purported purpose... 4 transactions per second... at an infrastructure cost of $5+ each... in the 21st Century...? Yeah, good luck with that.

Make CRW of some actual use to people and businesses. Forget about pandering to clueless, broke cryptognats.

Frankly I'm going to need some competition, and it would be helpful it the work was spread around a bit...

Oh, as since Proof-of-Waste fails so miserably at its intended purpose, consider that a system that's cryptographically sound from end to end doesn't need "consensus"  - ie. who can afford to waste the most energy - at all.

Cryptocurrencies need to back to fundamentals and take an honest look at what it is they are supposed to be achieving.




P.S. Drop the "coin" bit too.

235 Thrones online

We're now listed in the ASIC section of whattomine.com, may explain the increase of hash.

There must be huge farms using renewable energy, the economics of it do not work out.

For me its a very good example of why Proof of Work as we know it cannot be the future of cryptocurrency.

Is $2,000 to $3000 per hour being added to the value of Crowncoin?  No.  Not even close.

The same argument stands for Bitcoin.  If I were to do the calculations, PoW is surely just a huge waste of natural resources.

What is the alternative?  I have no idea.  I suspect whoever invents the next big thing will be as famous as Satoshi though.

Its quite an issue for some to have such huge hash (Power consumption) But we're adding value to the already existing hash, which surly benefits (Bitcoin/Crowncoin/Investors/miners)

And just to try to hammer that home, the Crowncoin network hash rate is currently:

Four quadrillion, ninety-five trillion, five hundred five billion, eight hundred fifty million, eight hundred fifty-six thousand, two hundred fifty-seven hashes per second  

4,095,505,850,856,257

If everybody mining Crowncoin is using the very latest and most efficient mining hardware, that means 362KW of electricity is being spent on Crowncoin. That is about $2,000 per hour. The real figure is likely to be closer to $3,000 per hour.

Most will be merge mining but even so, that is quite impressive.





 

Huge increase in hashing power, 3.6PH!

Keep contacting them and compain.  Lets see what happens over the next few days.

In the meantime, set up an account on c-cex

im lost 2k CRW and now the price was 5k sat haha not much but 250% profit if my crw not stuck in yobit

It is mean, Yobit sucks!

im buy CRW on yobit and i was check the wallet is active. then i withdraw to my wallet. then just in time the wallet is delay on yobit, and in 2 hours the wallet maintennance i think its mean my coin stuck nowhere

203 Thrones online now

In the meantime we have new community members who cannot access their coins. They are a disgrace.

Fortunately, when they update, user coins should be available.  If we were forking the chain, they would have been lost.

Yobit usually takes it's time to attend to support tickets, but they will eventually attend to you.

iSpace, zpool and syscoin should be active among others

Contact them every day. Twice a day. You must keep pressure on them. The crwonckoin team will continue to do the same.

If they don't update to correct wallet, there is nothing we can do.