Topic: [ANN][SCRYPT] CRYPTON - new blockchain - page 2. (Read 1864 times)
Hmm for me is nice project
CRYPTON
Crypton is the next generation blokchain and overlay smart contract network, focused on speed, security and flexibility.
- Faster transactions
- Smarter Contracts
- Low costs
- Flex blockchain
BLOCKCHAIN ISSUES
Current Blockchains are broken and we can't rely on them in enterprise systems.
- Slow transactions
- Low network bandwidth
- Expensive commission
- Limitations and security of smart contracts
CRYPTON SOLUTIONS
Crypton is a backbone for real world and internet services, it enables companies to explore new b2b or b2c models by making every resource to be traded on an open market in real time, with extremely low fees.
- Low commission
- POW concept
- Faster speed
- Larger number of transactions
- A new type of smart contracts
CRYPTON ROADMAP
Explore a timeline showing the development of the project, and learn more about its goals and vision.
- Stage 1: Q3 2018 - Android and IOs apps release
- Stage 2: Q4 2018 - API for apps and blockchains, Crypton JS Virtual Machine for smart contracts
- Stage 3: Q1 2019 - Visual programming tool for Smart Contracts. Blockchain Academy
- Stage 4: Q3 2019 - Crypton banks and cards, Crypton worldwide network
TECHNICAL INFORMATION
- Concept: POW
- Kernel algorithm: SCRYPT
- Abbreviation: CRN
- Block Speed: 30 sec
- Block reward: 500 CRN
- Circulating supply: 1 000 000 000 000 000 CRN
- Pre-mine: < 0.1%
- Total supply: 10^70 CRN
OFFICIAL INFORMATION
- Official site: http://crncoin.io
- Explorer: http://explorer.crncoin.io
- Whitepaper:http://crncoin.io/white-paper.html
- GitHub:https://github.com/crypton-dev/crypton
- Windows wallet: http://crncoin.io/Crypton_installer.msi
- Mining pools: http://poolchik.cloud , https://crn.leafpool.com, http://easypool.win
Dev, can you explain the economics behind this coin? How is there already a quadrillion coins in circulation, but this project just launched last month April?
What is the actual total supply of this coin?
The blockchain solutions you presented looks promising, but the economics of this coin looks vague at the moment.
Dead, huh?
Hoping Crypton can flourish, do not let anyone think of coins die, I hope this project can give you the best even though many coins are coming up.
so much coins of all!
i do not think it is a good things.
i do not think it is a good things.
Can you give an explanation of the development of Crypton here? how easy is it to mine in the early hours?
Hey I would like to translate this ANN to spanish, let me know if interested, I'm trying to build my portfolio for translations so I can participate in the bounties here in the forum so I would love to help on that.
COIN DEAD !!!!!!!!
Exchange??? 
I am waiting for the latest information on the website and the project, because the content of the project is too little.
Do I still have time to take part in presale?
merculet
merculet
Could you tell me please what projects have the creators of this project taken part previously? Were they successful?
egretia
egretia
discord please
Hello Мiners,
You can try our pool for Crypton
http://www.smilingmining.com/
Server location in Germany
Fee is 1%
CONNECTION
Code:
URL/HOST:stratum+tcp://smilingmining.com:3433
USERNAME:
PASSWORD:c=CRN
USERNAME:
PASSWORD:c=CRN
FOR NICEHASH
Code:
STRATUM HOSTNAME OR IP:smilingmining.com
PORT:3433
USERNAME:
PASSWORD:c=CRN,d=524288
PORT:3433
USERNAME:
PASSWORD:c=CRN,d=524288
You can add as node too
Code:
addnode=smilingmining.com
Dev make discord server!
Is the code forked from another project currently, or is it made from scratch?
First of all thanks for your reply.
It's really fun when you give examples comparable to the scales of universe
Ok. Let's talk about it.
Total supply, premine and circulating supply doesn't matter for several reasons:
1) There are tons of currencies that use POS, DPOS and another concepts, that are totally "pre-mined" like ripple, stellar, eos, cardano, iota and much more. Why you don't troll them?)
2) Even if 1 CRN costs 1 sat (10^-8 BTC), miners will bring revenue approximately at 150 USD/per day. Is it bad with the lowest price?
3) We are interested in keeping lowest price per CRN to make transactions as low cost as possible and it is part of our concept.
4) Total supply can be extrapolated to infinity and we don't see anything terrible related to this. It's not necessary to mine all coins. We need only projected inflation.
Time will tell whether this is shitcoin or not
When CRN applies to an exchange we will give a handful of CRNs
1) I don't like ripple either, but you guys are a PoW coin. Supply, Premines, Circulating supply and so forth absolutely matter in a PoW coin. It's not like bitcoin has a trillion coins in circulation. PoS coins can get away with more since they usually have massive amounts of the supply locked up, but they obviously have their flaws (just look at the eden scam).
2) What makes you think 1 sat will be the lowest price? CRN will almost certainly be traded on litoshi/doge pairs, if it doesn't go to 0.
3) So you guys want the prices to be as low as possible? What's the point of buying/mining then.
4) Tell me the exact amount of your premine. If it's anything over a couple million coins (and i'm being generous here) you are ripping everyone off. You changed the premine from .5% to <.1% so it wouldn't look that bad, but when your circ supply is 10^15 and total supply is 10^70 these things matter.
I have never seen a shitcoin this awful before. Not exaggerating, this is probably the worst buy in crypto history.
Let's have some fun with this one. Here's some math.
>Here's why the mining sucks and is worthless
Block rewards = 500 per 30 seconds.
Circulating supply = 10^15 coins
Time to mine 1% of circulating supply with 100% of block rewards --> (10^13)/16.666667 coins per second = 6*10^11 seconds or about 19000 years. So good fucking luck with that.
>Here's why the premine is infinitely worse than the mining
Total supply = 10^70 coins
Premine= .5% = 5 * 10^68 coins
Circulating supply = 10^15 coins
Premine/Circulating Supply = 5*10^53 times LARGER than the circulating supply
Total atoms in the solar system ~ 10^56
Which means that the entire circulating supply is roughly equivalent to a single atom in the entire solar system, and the premine is equivalent to all the other atoms in the solar system combined. Don't buy or mine this trash.
Let's have some fun with this one. Here's some math.
>Here's why the mining sucks and is worthless
Block rewards = 500 per 30 seconds.
Circulating supply = 10^15 coins
Time to mine 1% of circulating supply with 100% of block rewards --> (10^13)/16.666667 coins per second = 6*10^11 seconds or about 19000 years. So good fucking luck with that.
>Here's why the premine is infinitely worse than the mining
Total supply = 10^70 coins
Premine= .5% = 5 * 10^68 coins
Circulating supply = 10^15 coins
Premine/Circulating Supply = 5*10^53 times LARGER than the circulating supply
Total atoms in the solar system ~ 10^56
Which means that the entire circulating supply is roughly equivalent to a single atom in the entire solar system, and the premine is equivalent to all the other atoms in the solar system combined. Don't buy or mine this trash.
First of all thanks for your reply.
It's really fun when you give examples comparable to the scales of universe
Ok. Let's talk about it.
Total supply, premine and circulating supply doesn't matter for several reasons:
1) There are tons of currencies that use POS, DPOS and another concepts, that are totally "pre-mined" like ripple, stellar, eos, cardano, iota and much more. Why you don't troll them?)
2) Even if 1 CRN costs 1 sat (10^-8 BTC), miners will bring revenue approximately at 150 USD/per day. Is it bad with the lowest price?
3) We are interested in keeping lowest price per CRN to make transactions as low cost as possible and it is part of our concept.
4) Total supply can be extrapolated to infinity and we don't see anything terrible related to this. It's not necessary to mine all coins. We need only projected inflation.
Time will tell whether this is shitcoin or not
When CRN applies to an exchange we will give a handful of CRNs
Since you're active on the thread again, can you answer some of the questions users have posted about your project?
I have never seen a shitcoin this awful before. Not exaggerating, this is probably the worst buy in crypto history.
Let's have some fun with this one. Here's some math.
>Here's why the mining sucks and is worthless
Block rewards = 500 per 30 seconds.
Circulating supply = 10^15 coins
Time to mine 1% of circulating supply with 100% of block rewards --> (10^13)/16.666667 coins per second = 6*10^11 seconds or about 19000 years. So good fucking luck with that.
>Here's why the premine is infinitely worse than the mining
Total supply = 10^70 coins
Premine= .5% = 5 * 10^68 coins
Circulating supply = 10^15 coins
Premine/Circulating Supply = 5*10^53 times LARGER than the circulating supply
Total atoms in the solar system ~ 10^56
Which means that the entire circulating supply is roughly equivalent to a single atom in the entire solar system, and the premine is equivalent to all the other atoms in the solar system combined. Don't buy or mine this trash.
Let's have some fun with this one. Here's some math.
>Here's why the mining sucks and is worthless
Block rewards = 500 per 30 seconds.
Circulating supply = 10^15 coins
Time to mine 1% of circulating supply with 100% of block rewards --> (10^13)/16.666667 coins per second = 6*10^11 seconds or about 19000 years. So good fucking luck with that.
>Here's why the premine is infinitely worse than the mining
Total supply = 10^70 coins
Premine= .5% = 5 * 10^68 coins
Circulating supply = 10^15 coins
Premine/Circulating Supply = 5*10^53 times LARGER than the circulating supply
Total atoms in the solar system ~ 10^56
Which means that the entire circulating supply is roughly equivalent to a single atom in the entire solar system, and the premine is equivalent to all the other atoms in the solar system combined. Don't buy or mine this trash.
First of all thanks for your reply.
It's really fun when you give examples comparable to the scales of universe
Ok. Let's talk about it.
Total supply, premine and circulating supply doesn't matter for several reasons:
1) There are tons of currencies that use POS, DPOS and another concepts, that are totally "pre-mined" like ripple, stellar, eos, cardano, iota and much more. Why you don't troll them?)
2) Even if 1 CRN costs 1 sat (10^-8 BTC), miners will bring revenue approximately at 150 USD/per day. Is it bad with the lowest price?
3) We are interested in keeping lowest price per CRN to make transactions as low cost as possible and it is part of our concept.
4) Total supply can be extrapolated to infinity and we don't see anything terrible related to this. It's not necessary to mine all coins. We need only projected inflation.
Time will tell whether this is shitcoin or not
When CRN applies to an exchange we will give a handful of CRNs
Oh here's another fun one. If this coin was ever worth 1 sat, the global gdp would be "worth" less than the premine.
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