An Introduction to DPOS
A new blog post is up at the official Crypti blog. This post is an introduction to our new DPOS system that will be launching very soon (days). If you have any questions or comments about how it will work or any of the info in the post, please comment on the post for now. We will be launching our new CryptiTalk Forum hopefully today and then we will have a thread dedicated to the DPOS discussions and answering any questions.
With that being said, let us know what you think!
An Introduction to Crypti DPOS - http://blog.crypti.me/introduction-to-dpos/
Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 131. (Read 804678 times)
April 02, 2015, 09:53:59 AM
April 02, 2015, 09:26:49 AM
Again, NEM proves that there is a big benefit for the larger coin supply. The market cap becomes bigger and the cost per coin becomes smaller.
For instance, if XCR increases the coins to the 10x,the price will likely only shrink to 1/5 because of some buyers' psychological reasons. Therefore, the XCR market cap will double up. If XCR coins can increase 100x, the market cap will be ever higher without doing anything else. It is how the top ranked coins are doing on the current market.
。。。。。。。。。。。。。。。。。。。。。。。。For instance, if XCR increases the coins to the 10x,the price will likely only shrink to 1/5 because of some buyers' psychological reasons. Therefore, the XCR market cap will double up. If XCR coins can increase 100x, the market cap will be ever higher without doing anything else. It is how the top ranked coins are doing on the current market.
Jiuge, is your comment a sign of support, or disbelief for this suggestion?
April 02, 2015, 06:21:24 AM
Again, NEM proves that there is a big benefit for the larger coin supply. The market cap becomes bigger and the cost per coin becomes smaller.
For instance, if XCR increases the coins to the 10x,the price will likely only shrink to 1/5 because of some buyers' psychological reasons. Therefore, the XCR market cap will double up. If XCR coins can increase 100x, the market cap will be ever higher without doing anything else. It is how the top ranked coins are doing on the current market.
。。。。。。。。。。。。。。。。。。。。。。。。 For instance, if XCR increases the coins to the 10x,the price will likely only shrink to 1/5 because of some buyers' psychological reasons. Therefore, the XCR market cap will double up. If XCR coins can increase 100x, the market cap will be ever higher without doing anything else. It is how the top ranked coins are doing on the current market.
April 01, 2015, 08:55:18 PM
Again, NEM proves that there is a big benefit for the larger coin supply. The market cap becomes bigger and the cost per coin becomes smaller.
For instance, if XCR increases the coins to the 10x,the price will likely only shrink to 1/5 because of some buyers' psychological reasons. Therefore, the XCR market cap will double up. If XCR coins can increase 100x, the market cap will be ever higher without doing anything else. It is how the top ranked coins are doing on the current market.
For instance, if XCR increases the coins to the 10x,the price will likely only shrink to 1/5 because of some buyers' psychological reasons. Therefore, the XCR market cap will double up. If XCR coins can increase 100x, the market cap will be ever higher without doing anything else. It is how the top ranked coins are doing on the current market.
April 01, 2015, 05:15:55 PM
let's get an update every couple days or once a week on BTER funds status. I.e. number of coins held
regards,
Brian
regards,
Brian
You can see the XCR wallet in the Top Accounts at http://live.crypti.me/topAccounts
Foundation wallet is: http://live.crypti.me/address/15292791051968645847C
As for the BTC, I am the auditor for the funds, and Mike is the responsible party for converting them into fiat for bills. Syrenity pays the bills in fiat and BTC. There are approx 430 BTC in our balance right now, spread among several accounts and exchanges. This diversity is necessary to prevent a Bter type loss of all funds.
If you have any other questions, you can PM me as well.
April 01, 2015, 05:02:30 PM
Who?
April 01, 2015, 04:47:34 PM
let's get an update every couple days or once a week on BTER funds status. I.e. number of coins held
regards,
Brian
regards,
Brian
April 01, 2015, 01:36:36 PM
By NEW ACCOUNT, do you mean your node under 0.2.0 with the DPOS? If so, the answer is NO.
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
No. I meant 0.1.9. I have not withdrew my coins yet. I just want to make sure if I need to make an outgoing transaction after I withdraw my coins from bter to my account.
btw, so quiet here. did everyone go to the NEM place today?
I will ask Boris. I know what you mean.
Your private key and signature are encrypted with 64 bytes. The public key with 32 bytes. Theoretically you are more secure if you don't send any transaction, because with a transaction your public key is broadcasted to the network.
So if you want to do a cold wallet, don't send a transaction.
It's exactly the other way around like in Nxt.
For your interest: Theoretically(!), it's still VERY VERY VERY secure and impossible to crack.
April 01, 2015, 01:21:27 PM
By NEW ACCOUNT, do you mean your node under 0.2.0 with the DPOS? If so, the answer is NO.
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
No. I meant 0.1.9. I have not withdrew my coins yet. I just want to make sure if I need to make an outgoing transaction after I withdraw my coins from bter to my account.
btw, so quiet here. did everyone go to the NEM place today?
I will ask Boris. I know what you mean.
April 01, 2015, 01:21:00 PM
Before you release the 0.2.0 wallet, please spell "security" correctly on the sign-in page. It is incorrect on the 0.1.9 page.
http://testnet.crypti.me
This is already fixed.
April 01, 2015, 01:20:31 PM
By NEW ACCOUNT, do you mean your node under 0.2.0 with the DPOS? If so, the answer is NO.
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
No. I meant 0.1.9. I have not withdrew my coins yet. I just want to make sure if I need to make an outgoing transaction after I withdraw my coins from bter to my account.
btw, so quiet here. did everyone go to the NEM place today?
When you withdraw from Bter, it is a standard Crypti transction, and will show in the blockchain, along with the XCR fee. The Bter fee will not show in the blockchain. The XCR will show up in your XCR wallet/node
As far as quiet goes, its actually pretty busy internally.... Boris is hurry up finish some work so he can get on a train for the next 24 hrs.... Matt is writting about how DPOS works, so every one will understand out version before launch. The other devs are working on the testing of DPOS.
April 01, 2015, 12:07:47 PM
Before you release the 0.2.0 wallet, please spell "security" correctly on the sign-in page. It is incorrect on the 0.1.9 page.
April 01, 2015, 12:02:18 PM
By NEW ACCOUNT, do you mean your node under 0.2.0 with the DPOS? If so, the answer is NO.
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
No. I meant 0.1.9. I have not withdrew my coins yet. I just want to make sure if I need to make an outgoing transaction after I withdraw my coins from bter to my account.
btw, so quiet here. did everyone go to the NEM place today?
April 01, 2015, 11:32:34 AM
Do I need to make an outgoing transaction to secure my account when I transfer my coins to my new account?
By NEW ACCOUNT, do you mean your node under 0.2.0 with the DPOS? If so, the answer is NO.
Your passphrase for your 0.1.9g node will still work for your 0.2.0 node/wallet
You will need XCR in that node/wallet to pay for forming a delegate and voting for your delegate.
Your delegate can forge with 0 balance, as long as it has sufficient votes to be in top 101 delegates.
April 01, 2015, 09:23:06 AM
Do I need to make an outgoing transaction to secure my account when I transfer my coins to my new account?
April 01, 2015, 07:28:28 AM
one part of the coins in limbus (waited months for bter but nothing happened) and the rest still on bter 
hope they will not disappear, don't know are there already alternatives planned, if .. yes if bter just disappears (hopefully not)?
hope they will not disappear, don't know are there already alternatives planned, if .. yes if bter just disappears (hopefully not)?
i have all my coins now (in my wallet)
, thanks BTer and Crypti Team. April 01, 2015, 01:14:59 AM
Great work.
https://crypti-irc.herokuapp.com/img/logo.png
This image doesn't load for me. Is it my university's internet fault or is it not on the server?
The image is on the server, what browser are you using? I've tested it on the latest versions of FireFox and Chrome and it seems to be working on those browsers. Let me know and I'll fix it ASAP.
Scratch that, just fixed it. Thanks for bringing it to my attention Passion_ltc
. If anyone else finds any bugs or has any feature requests let me know!Also, anyone who was connected may have been disconnected temporarily as I made the update, I apologize for the inconvenience.
I will take a closer look in 2 days. Too busy right now.
March 31, 2015, 04:28:20 PM
Great work.
https://crypti-irc.herokuapp.com/img/logo.png
This image doesn't load for me. Is it my university's internet fault or is it not on the server?
The image is on the server, what browser are you using? I've tested it on the latest versions of FireFox and Chrome and it seems to be working on those browsers. Let me know and I'll fix it ASAP.
Scratch that, just fixed it. Thanks for bringing it to my attention Passion_ltc
. If anyone else finds any bugs or has any feature requests let me know!Also, anyone who was connected may have been disconnected temporarily as I made the update, I apologize for the inconvenience.
March 31, 2015, 03:20:45 PM
Just ditched my irccloud account for www.cryptichat.me as I was only using it for Crypti.
Wulfcastle is the man! Lovely responsive design, nice set of features. Everyone should check it out!
Wulfcastle is the man! Lovely responsive design, nice set of features. Everyone should check it out!
March 31, 2015, 03:13:22 PM
Great work.
https://crypti-irc.herokuapp.com/img/logo.png
This image doesn't load for me. Is it my university's internet fault or is it not on the server?
The image is on the server, what browser are you using? I've tested it on the latest versions of FireFox and Chrome and it seems to be working on those browsers. Let me know and I'll fix it ASAP.
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