Topic: [ANN][OLD thread] Criptoreal - A Brazilian Coin [Ignore] - page 10. (Read 15051 times)

How many coins does one need to own to qualify as having a masternode?

yeah i think its reserved for mining farm !

The Masternode collateral will be CRS 50.000 !!!

i thinks this is too much !

Important Announcement


The Criptoreal Genesis block was "born" on January 1st, less than a month ago,
but the developers couldn't imagine that we would receive such support from the Brazilian and international community.

Our transparency and direct contact with the community has been proven very important for the project.


Since the beginning, our main focus has been the adoption of a cryptocurrency in Brazil and Latin America.


In the last couple of weeks, we spoke to, literally, hundreds of people interested in the
growth of Criptoreal, we've heard many excellent ideas. From those ideas, we've decided to
implement the following changes to our project and roadmap:


1) New Algorithm

2) Masternodes

3) Instasend

4) Privatesend

6) Marketing

7) Whitepaper, Website and User Manuals

In order to accomplish the technical changes, we've decided to create a new blockchain instead
of a hard fork, now is a good time since adoption is still in the beginning.

Who has CRS right now needs to pay close attention, because we are going to do a swap* 1:1,
that means that for each CRS that you own right now, you'll get 1 coin of the new chain.

Let's go to the details:



1) New Algorithm


Initially we chose Lyra2REV2 because of its Brazilian origin and being ASIC resistant,
theoretically, that would favor Criptoreal's decentralization of ownership.

However, we didn't foresee the influence that Nicehash has nowadays on new coins and the
issue with centralization that it brings.

Because of that, we decided to start the new chain with a different algo, Lyra2z, also of brazilian origin.

Lyra2z is a new algo, developped by the Zcoin team, also ASIC resistant and until now it can't be mined
on nicehash, favouring small miners who can even mine it with CPU.

Also, Lyra2z is environmentally friendlier, since it doesn't use so much processing power, GPUs are colder,
making them last longer and spend less energy.



2) Masternodes


The new chain is Masternode compatible, masternodes among other uses are responsible for
the instasend feature, disconsidering block time in specific cases.

A great advantage of Masternodes is that the feature helps people hold the coin
instead of selling them immediately.

Generally speaking, serious projects with Masternodes, tend to see their coins
grow in value on exchanges.


The Masternode collateral will be CRS 50.000 and owners will split block
rewards 50/50 with miners.

More details about Masternodes will be published soon in an exclusive announcement.


3) Instasend


As mentioned above, Masternode implementation also allows the CRS to adopt instasend,
a very important feature for the adoption of CRS in retail commerce.


4) Privatesend

With technology's advancements, is getting easier to track transactions on a public blockchain,
that is great in cases such as NGOs donations, but the option of privacy is no less important.

Privatesend mixes coins within the wallet in order to obfuscate ownership.


5) Exchange

We are anticipating exchange listings, at the moment, we are talking with two different
exchanges and this week we'll post what exchange will be the first to list CRS.


Sales of CRS for the 10 first Masternodes will be only done in an exchange and we will
not sell CRS for more than 2 masternodes a week.

There will not be private auctions, hoping to avoid disadvantages and lack of transparency.

 The selling price of the coins sold by us will be always higher then the last 3 prices on the
auction to prevent accusations of dumping.

6) Marketing

We are already contacting websites like Bitcoin.com to add our official press release,
once the transition to the new chain, all these costs will be supported by the CRS team from our own funds.


Also, an ad campaign on facebook reaching 60 million people, is already been planned with
a big digital agency here and it will be executed in February.


7) Whitepaper, Website and User Manuals

We are finishing the new version of our whitepaper, it will be published soon and
translations to English, Spanish and Russian have already been reserved.

The new website will be published this week, already translated and new details about the project.

Also, we are in the process of releasing user manuals for those users with less knowledge
about the characteristics of a wallet.

 


===

*Swap:

The new blockchain will have approximately the same amount of coins as the current chain,
whoever has 1CRS will have to swap it for the the new coin.
 Similar to Ethereum and Eethereum Classic fork, current CRS will be renamed to CRSC on the next release of the wallet.

 Swap will start on February 1st at 00:00 GMT and will be active for 15 days.

Once the swap is finished, all CRSC will be publically burned and the old blockchain will be deactivated.


=====

We are deeply greatful for your understanding and support!

If you have any doubts, please contact us on our Facebook, Telegram Groups, or Discord.

https://t.me/criptorealtalk
https://www.facebook.com/groups/415004872261714/
https://discord.gg/SUHcbyv


The bounty to translate this announcement to your language is CRS 100, if you'd like to do it,
please, translate it to your language and post it to the ANN of Criptoreal in your language in
Bitcointalk. After that, contact CriptorealDev on Telegram.

 Is there a link to the faucet? Or were the payments posted made for the setup? Thanks!

I don't think that CRS is currently traded anywhere. The Roadmap on Criptoreal website clearly mentions that exchanges are planned in the beginning of April. Let me know if I missed something.

Masternode Collateral?

Which exchange CRS being traded? it was on hitbtc but cant find it now?

Added coin to pool:

http://hashpool.eu

Minadores Pool

Fee: 0.2% 
Location: US

Fast cloud servers and stable mining

for those who questioning bounty payments :

All bounty payments will be fulfilled at the schedule below:

Up to 11:59pm at Jan 25 for posts from 01/17 to 01/24 (UTC -3)
Up to 11:59pm at Feb 01 for posts from 01/25 to 01/31 (UTC -3)


source :  https://medium.com/@criptoreal/criptoreal-bounty-system-phase-1-a4dc5405239f

hmm interesting project

following it and mining at this moment will see a couple of days , my crs adres : Ce3PdhcvqqLw9P5rLEsPRvoFhE1kEBQAGS


any date wen masternodes wil get implemented ?   and how many coins we wil need to set them up ?

could be a good one cryptoreal 

any white paper in english?

russian translation https://bitcointalksearch.org/topic/m.28914238
CRS wallet CT2RNw4QQj9Hpw6Tx3MJ5P8RLxhj4xxVdd

What about after the 7rd phase and the 948rd phase ?

arabic translation reserved.

EDIT : link  https://bitcointalksearch.org/topic/crs-criptoreal-powlyra2rev2dgwv3-2823590
CRS wallet : CUJwshaYLDam1jjk9ZawtQuiwrQEdSo47a

Where's the link to the faucet?

it gets reloaded every evening


There hasn't been a coin focused on retail adoption in Brazil and LATAM that we know of but, if we don't know about, there is probably room for another one.   
If you are looking for a technical-blockchain-unicorn, you won't find it in CRS, as you probably won't find it in 99.9% of the altcoins on coinmarketcap, the USP of CRS is adoption by a country that is under attack from corruption and dirty politicians.


On roadmap, we are working on it.




Thank you!
We need more miners on different pools, not that arcpool is not good, they are great, but for the benefit of the coin we need to spread the hashrate.
There are plenty of options on the ANN and as you said, even if you get less quantity of blocks you share them with less people so you make more.



Thank you!
Added to Ann


ArcPool has nothing to do with that and they are great people. 
Nicehash on the other hand...

The day Arcpool goes down along with Nicehash will be the day I open a bottle of Champagne, same as I did on 6th December 2017. Nicehash is the cryptomining equivalent of IOI from the Ready Player One, no wonder it got hacked.