Topic: [ANN][CRW] CROWN (SHA256) | Platform | Governance | Systemnodes | Masternodes | - page 83. (Read 316951 times)

Only 2 days left, dev will bring more exciting announcement and update at Friday. Crown is too good for hold for long term.

Hi all,

To gain a bit more traction in publicity around Crown, an event has been added to Cryptocurrency Calendar.
Please vote on the event to increase notability.

• Visit http://www.coinmarketcal.com
• Click on Explore Events
• Search for "CRW"
• Validate the event

Thanks!

https://twitter.com/Crowncoin1/status/915466683648806912

Part 2 of the Nexus Reflections is available on our reddit page: https://redd.it/73y1m1 

OFFICIAL SYSTEM NODES UPDATE 02/10/2017

SystemNode development is in full swing. Ashot (The SystemNode developer) has produced a small update explaining how Systemnodes work and the problems he has yet to resolve.

After discussion it seems SystemNodes will be available for testing within October. Please be prepared for testing if you would like to help us out.

We will release another update at the end of the week.

https://docs.google.com/document/d/1GVfVH7AoSzDvaAV6NwQB_Ijvq_7GpOmKvV6vEwYXvj8/edit?usp=sharing

Thanks very much btct22 for sharing that, very useful for our Atomic designs, I have shared it in our Atomic private channel.
 

I just saw this interesting discussion video about law and smart contracts by aantonop, not sure if you guys have seen it.  Here is the text:

"Reading and writing the word of the law, but judging according to the spirit of the law - how does this apply to code for legal frameworks? We already have plenty of institutions that allow you flexibility to have your problem adjudicated in front of an impartial judge or a jury of your peers.

Law students will leave believing in the spirit of the law and be gradually ground down in the system of prosecution and courts until eventually they don't believe in anything other than winning the case. We are now looking at building systems where the outcome is known based on the formula of a neutral contract. It will not always work, sometimes it will backfire badly and we will have another DAO-saster.

How can law create a safety net? The worst case is that a smart contract fails and then parties in the contract geo-locate each other to sue them in whatever court they choose at the time. New York Convention on Arbitration, an international treaty that allows you to claim independent legal arbitration within a private system of law in 156 countries. Distinguishing between use and abuse of the system with normative judgement. In a system that has no spirit of law, only rule, there is no distinction between use and abuse; if the consensus algorithm allowed it, it is not abuse.

The lesson of TheDAO wasn't "do we fork or not fork?", it was that you don't put $150 million in an untested contract, you idiots! That is a lesson that is self-correcting because people got hurt. The caveat of these new systems is that they are free-market, collaborative, voluntary participation: caveat emptor - "buyer beware."

Is it true that "accounting jobs will be gone in five years because of smart contracts"? The jobs will not be gone, they will be radically transformed. If you don't embrace this new technology, or you fight it, you will find yourself in a smaller and smaller niche that is less important to the rest of the world. Smart contracts are neither "smart," nor "contracts." They are programs which are rather 'dumb.' Decentralisation is a powerful force and we are living the century of decentralisation."

Video: https://www.youtube.com/watch?v=K-TRzuPwJCc

Nice work guys.  I know this is complicated but also know that you are close to having it wrapped up.  Keep up the good work.

We have a compiled version for raspberry pi, so its basically just follow any masternode setup more or less (there will be specifics on how to set up systemnodes, but besides that process will be the same)

also we should have the option of running a hot/cold setup  - just like the way thrones are running now, so your coins wont be in a running wallet, and you can lock your wallet

No doubt there will be services that come along and offer Service node hosting. However if you wanted to host yourself then a vps is ideal. Just like masternodes Service nodes will require 1IP4 address per servicenode.

ServiceNode will change to SystemNode, as new comers may get confused about the application layer offering services and servicenodes (systemnodes) offering the network services.

Crown Atomic weekly update to the Community - 29.9.2017

The Crown dev team has agreed that a regular weekly update to the community will be communicated by every Friday. This will make the progress on the Atomic features more transparent

During this week the core Atomic team led by Artem, defunctec and chaositec worked hard to discuss and specify details of the Crown Atomic system and new actors in the Crown Governance System. Some of the previous design ideas were abandoned.

The discussion took place about the way of licensing masternodes, verify identities, encryption private data of identities, types of agreements in the network, cross-country and legal jurisdiction issues, how the system will empower actors (agents) with specific roles in the network, and how it will revoke them in case they start behaving dishonestly. Some fresh ideas have been discussed and approved by the team. It brings some new technical challenges though, so we work to design, specify and document different use cases of the system.

There are also changes to opcodes/transactions workflow, so new prototypes have been created according to the high-level design changes. The workflow became more complex including different multisig scenarios, but it seems to be more secure and decentralized way to create the system that we want. To make the system reliable and user-friendly some new subsystems may emerge (personal data confidentiality mechanism, mutisig communication) but they won't be a part of the first release of Crown Atomic, they will be planned for the next phases.

I have summed up some questions about running a service node.

• How can i run a service node? Or can i outsource this somewhere?
• If i run one from my wallet, wont this mean my wallet is easy to access? Considering risk i dont know if it is worth it?
• Is it possible to run it from a Raspberry Pi or something? I need to keep electricity cost at a minimum. If yes, how?

 

is it still the same if i use different computers? same ip but on different wallets

 I just posted the first part of a handful of reflections from the Nexus Conference that Fin and I attended over the past weekend. It can be found here: https://redd.it/72yqlt
Cheers 

To do this, you'd have to have coins in a wallet on your Throne which is highly inadvisable.

i see, but does that ,ean you could run a throne and a SN using the same ip? but sure i can understand the security issue

The intention is for a dedicated IP to not be required, subject to us confirming that that doesn't introduce security issues.

One of the main purposes of service nodes is to provide a different point of entry for the community to provide services and be paid, without the hassle of setting up a Tron.

How would this work then?

Thanks for your great input Gash 

See u there. More potheads like u are expected to arrive before sunday, the are flocking to that meeting mostly to be shown a middle finger, turn around and go book ticket to where they crawled from. Last time I visited amsterdam I lost footing in airport terminal because of weed overdose and couldn get uber without assistance.