Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 111. (Read 804676 times)

No, this log is from vps node.
Yes, time is correct.
Try to ask this "casino" delegate, looks like all came from him.

Checked all my nodes logs, can't find this fork.
Will ask other guys to check.
Are you sure on your node correct time?
Try to sync time from ntp server.

About network latency, we will implement better functional for fix it in next version.

We already reviewed Mist, just wait for new Crypti Wallet

Where is your node running from?  Is it a home computer behind a NAT? 

The 10 second blocks are not friendly to home or work computers on DSL lines.  You need to be a s close to the internet backbone as you can.

I started with my delegate on my GPU miner, connected to a DSL line.  The altency was to long, and my percentage of successfully forged blocks dropped to 25%.  Now I am on a hosted server, for $5 a month, and my delegate has forged 100% f the blocks since then.  My uptime still shows as 52%, because it takes a lot of 100% to raise 25% to 90%.  The uptime is counted since the delegate first became one of the 101 top delegates, and is never reset.  This may change in future releases.

So I'm guessing you also read this : https://www.cryptocoinsnews.com/vitalik-buterin-conducts-ama-re-ethereum/  

For those of who who didn't read the article it shows a screenshot of Mist (Ethereum's base client) :



As you can see it shows you how good the new Crypti wallet will look considering the Mist client already looks quite good, also it shows that the Crypti team are keeping an eye out on the "competition".

Looking in logs found the reason for abnormal traffic pattern:

Got very many lines like this

And then my node goes circles because of 13391839782582453940 block

It is not about time or patience, but about direction in which they are moving.

Be patient! At this moment, if you think something should be done and it can be done by yourself, you should go ahead to do it by yourself and don't wait for other people.

For me all this looks like Crypti will forever be not a cryptocurrency but a closed club controlled by the founders.

You are misunderstanding our lack of marketing. The network is in it's infancy as is our technology. We would rather build and test with a smaller dedicated community than throw 100,000 users at a new unproven technology. We have extensive marketing plans once all features are fully complete and we feel as though we have a market ready system. This will most likely be after CBC (which will launch the DApp store and entirely new wallet, which if I do say so myself, blows everything out of the water, including Mist).

Thanks for all your responces.

The problem is lack of interest. What do you (or we) need is technology evangelists, who will popularize crypti "selling points"/features/technologies at bitsharestalk and nxtforum. There is not enough of them (features) today.

So I see the plan like this one:

1. Release 0.2.1 with new features (I heard once about "escrow" feature).
2. The 0.2.1 release must include new/beautifil wallet design.
3. The Delegate Rewarde Program must started at x5 rates at 0.2.1 relase.
4. Crypti evangelists must to populate this new features at BTT, nxtforum and bitsharestalk.

Sometimes I think that you guys think that after CBC release, or Dapp release it would be a wave of interest by itself, without marketing efforts. No, it wouldn't. All your future plans must include this negative assumption.

I see it as a must that every delegate makes a thread in the delegate section on http://forum.crypti.me. Else I will not vote for the delegate. Just FYI.

I have a few million XCR and ALL were bought by myself. 50% of them at 1900 satoshis and the other 50% at 500 satoshis. I personally invested over 20 BTC into Crypti and many hours of work.

I guarantee you, that I will vote for reliable nodes. In the long run I want that every person only has 2 delegates at most and I will vote accordingly.

On the other hand you can also believe, that I will sell some if the price goes up, in order to get my initial investment back or pay for a holiday. This will lead to a better distribution.

Yes this is important. I will join later and possibly advertise as a delegate once I can assure a reliable node.

Yes, look at the top accounts........ Bter still has 18.9 million in the cold wallet, and 3.9 million in the hot wallet.  If you guys would get your XCR out of Bter, there would be more voting power.  

The 11 million wallet is the foundation.  

The delegates have 31 million votes because that is the combined XCR of all of the devs.  15 million of that was purchased from Bter and Polo since the IPO.  There is still additional XCR we have on the exchanges, bc we are still buying.

Did you notice that the recent created delegates have been voted up.  Last night, Matt, Eric and I changed our votes to vote for the new guys and down voted the foundation spare nodes.  Our plan is for community involvement.

The public has nearly 70 million votes, and can push every dev delegate out.  

We would like to see more community involvement.  

If you look at the list of accounts Mal posted a few pages back, you will see that half the accounts have 1 XCR or less.  Another 250 have 50 XCR only, from the faucet.  Most of the public voting power is tied up in Bter with a few whales and minnows that dont keep up with the changes in XCR; and are just checking the price daily.  

There is a philosophical debate in crypto as to whether pure decentralization is not all its cracked up to be.
I don't know where I stand on it but in Crypti's case it kinda has merit.

Right now the Crypti devs and its team started the DPOS with their own delegates out of necessity.
So it is pretty much centralized. But there is no problem because we have to trust them for now.
I mean how different is it from trusting them with rebooting the network and everything else?

But the question is down the road if this same group can control 30% now then can they always?
Well, that is the power and freedom of DPOS. If right now these people control the majority
because 20 million voters keep their Crypti on Bter and the rest don't vote or lack enough power
then it is what it is.

Actually Nxt has shown to me at least that pure decentralization doesn't work if you want widespread adoption.
IMO Crypti's DPOS has a centralized aspect to it but its whats necessary for it to succeed.
I don't believe a pure decentralized coin can gain popularity.

Right now the dev team controls the delegates because they are the most capable of securing the network.
As their stake dwindles, as others get into Crypti in a more distributed fashion then this changes naturally.

Current delegates want to replace theirs with good community standbys. But they will scrutinize with their votes and
replacements will happen slowly.

The problem now is actually less about decentralization as it is distribution.
The biggest believers in Crypti are the biggest holders/investors. So naturally at the beginning they have the most voting power.
If Crypti survives the long run, 10 years from now the average person has some Crypti in their mobile wallet and there are only
a few whales.

edit: GreXX posted his just before mine, sorry if its redundant a bit but I wrote it and gonna post anyway.

Also on a side-note, I love BTT and it has allowed us to get where we are today. That being said, I would really like to start transitioning these conversations over to the official forums here: http://forum.crypti.me/index.php

By moving the conversation to the official forums, you can create a topic with the title of your complain or area you want to discuss, I promise Max and I will be active as well as others answering questions, and it will make it MUCH easier for others to find topics that might answer their questions instead of sorting through random pages of BTT chatter.

We are already over there and talking to new delegates, we are just waiting for you all to join us! 

This question is going to come up 100 times and I have already answered it personally at least twice, but let me clarify again on some of the issues that have been brought up.

1. We aren't the ones who decided to dump all of our funds, not buy in when the price was low, and allow some people like Mal to hold a large amount of voting power and coins. You could have bought in as easily as anyone during the price drops. BTER alone has 22% of the voting power right now because people continue to leave their funds in the exchange and BTER as far as I can tell isn't voting.

2. Having the foundation delegates be voted so high and having few initial registrations was pretty much expected and intentional at launch. There are several reasons for this. For starters, we needed to make sure that we could control the network at launch in order to make sure it ran properly after deployment. Consider this like main net testing to an extent and it helped us ensure everything looked right. Second, we know the price of registration is high, votes are low right now, and there aren't a lot of new delegates vying. Let's be honest, right now the ROI is very low. I also don't EVER expect 10s of thousands of delegates to be registered. That's not the point of this system. We want dedicated, trustworthy, and dependable members of the community.

3. In regards to the foundation delegates and their voting. Do you think that I want to run 9 nodes and come out of pocket server fees? I am doing it to make sure things get off to a solid start. We each have 9-10 nodes only for the sake of getting the network off the ground and ensuring solid nodes exist to run the network. We will start transitioning off our nodes once we have candidates we believe in. We have a meeting tomorrow and will be determining the first foundation nodes to turn off in order to vote for people like Wulf, Barie, and possibly even HubTM.

4. This network is controlled by the people who have invested in it. That is the point. Anyone who wants more control, or more influence in the network, own a larger share. There are XCR for sale, if you want to be able to have a larger say in who runs the network, buy more, get more people together, find ways to get more votes.

5. Right now, the foundation, between it's individual members and the foundation funds, controls 30% roughly. This is because we each hold quite a bit of funds personally and the foundation still holds the vested funds from the launch (which btw, we are 2 quarters overdue paying the launch team because we were actually waiting to hit milestones and produce a quality product). Once the 11% in the foundation fund are distributed and all foundation members have their personal voting power, we will begin to see divergence in how we vote. All of our voting power was set to push the same nodes at launch so that we could ensure enough existed and BTER couldn't immediately try to usurp the votes. We all bought or earned every single XCR we are using to vote and deservedly cast our votes how we choose. We won't be voting on the exact same delegates forever and most of us don't intend to run more than 2-3 nodes once we get enough candidates to take our places. I personally intend to drop from the 9 required at launch down to a MAXIMUM of 2-3 nodes hosted by me. But this will all be determined by the community.

6. Again, if you don't like how the vote shakes out, buy now while XCR is still cheap and cast your votes elsewhere. Down the road, when we have the DApp Store and Custom Chains completed, we will have a lot more funds flying around, more people joining the network, and it will be much harder to get any considerable weight.

7. I personally believe the registration fee is too high. This will be an action item at our meeting on Sunday. I intend to propose lowering the registration fee to 1,000 XCR to register a delegate. I will also propose refunding the other 9,000 XCR already paid to those who registered prior to the change. After the meeting we will announce any changes. Like anything, it must come to a vote, so there is no guarantee.

8. We will be adding more extensive delegate information including fees earned and more to the Account pages moving forward. Karma is currently working on these changes to CryptiChain.

As always, keep in mind that Crypti is a fluid project currently still in very early stages. We aren't even close to considering ourselves to even be on version 1.0. Being in early has the benefit of XCR still being cheap and it also has the benefit of allowing you to have a large say and better access to the Foundation while we are still a relatively small community. The coins we will easily contend with and possibly far outperform later on have market caps above $10 million. We are currently sitting at a market cap of like $400,000. Now is still the perfect time to invest, get involved, and help us shape the future.

Please feel free to join me and respond to this post on the official forum here: http://forum.crypti.me/viewtopic.php?f=4&t=21&p=52#p52

Yep, as far as I know that's correct

Theoretically community voting power is 89% compared to the foundation 11%, so everything depends on us.