[XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 144.

Litoshi

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Quote from: starik69 on March 16, 2015, 11:28:51 AM

Quote from: Passion_ltc on March 16, 2015, 10:18:49 AM

But with Crypti we have the community as a second protection layer, everyone will vote for the best delegates.

You do not remember who voted for Hitler, Obama or Putin? Huh

Quote from: Passion_ltc on March 16, 2015, 10:18:49 AM

So either you trust us or you explain in detail, why it is not a good system, which by the way Bitshares is running on since a long time already and it's working great!

You never heard any critics for Bitshares? Roll Eyes

Quote from: crypti on March 16, 2015, 10:22:31 AM

No, there will not be privileges delegates.
All delegates will be chosen by voters.

So Crypti DPOS will not run until we find all 101 delegates? Huh

Or DPOS will start without 101 delegates and will be more vulnerable because of that? Roll Eyes

Quote from: crypti on March 16, 2015, 10:22:31 AM

Litoshi is not technical part of our team, because no reason to ask him for this these details.

I didn't ask him, but somehow he thinks he can answer Tongue

Quote from: Passion_ltc on March 16, 2015, 10:18:49 AM

Okay, then we make a 1 BTC bet.

Why didn't you bet for 101 in 1 hour? Cheesy

You would be betting against a stacked deck. Max has enough XCR , not on any exchange, to make all 101 delegates and vote for them.

BTW, I could make more than 70 myself

starik69

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Quote from: Passion_ltc on March 16, 2015, 10:18:49 AM

But with Crypti we have the community as a second protection layer, everyone will vote for the best delegates.

You do not remember who voted for Hitler, Obama or Putin? Huh

Quote from: Passion_ltc on March 16, 2015, 10:18:49 AM

So either you trust us or you explain in detail, why it is not a good system, which by the way Bitshares is running on since a long time already and it's working great!

You never heard any critics for Bitshares? Roll Eyes

Quote from: crypti on March 16, 2015, 10:22:31 AM

No, there will not be privileges delegates.
All delegates will be chosen by voters.

So Crypti DPOS will not run until we find all 101 delegates? Huh

Or DPOS will start without 101 delegates and will be more vulnerable because of that? Roll Eyes

Quote from: crypti on March 16, 2015, 10:22:31 AM

Litoshi is not technical part of our team, because no reason to ask him for this these details.

I didn't ask him, but somehow he thinks he can answer Tongue

Quote from: Passion_ltc on March 16, 2015, 10:18:49 AM

Okay, then we make a 1 BTC bet.

Why didn't you bet for 101 in 1 hour? Cheesy

Litoshi

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Quote from: shaan.is.one on March 16, 2015, 10:25:38 AM

Crypti as crystal crispy lets try it...

You scored a perfect 100 on my troll meter

shaan.is.one

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Crypti as crystal crispy lets try it...

crypti

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Boris, Crypti Lead Developer, Lisk Advisor

Quote from: starik69 on March 15, 2015, 08:35:19 AM

Oh, i see. Grin

There will be previlegeous delegates without votes. Cool

Nice decentralized system! Cheesy

No, there will not be privileges delegates.
All delegates will be chosen by voters.
Litoshi is not technical part of our team, because no reason to ask him for this these details.

Passion_ltc

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Quote from: starik69 on March 16, 2015, 07:49:58 AM

Quote from: Passion_ltc on March 16, 2015, 06:00:52 AM

Let's make a bet of 100,000 XCR that after 6 months there will be 101 great active delegates.

If i win they will worth nothing after that Grin

Okay, then we make a 1 BTC bet.

Quote from: starik69 on March 16, 2015, 10:06:45 AM

Quote from: Litoshi on March 16, 2015, 09:45:20 AM

No, XCR delegates are a way to secure the network, make it decentralized, and for delegate owners to have a steady income and return on investment.

You really don't understand that in previous post you described how delegates will simplify a Sybill attack? Grin

It's possible to run several active delegates from one node, yes. Same as it's possible in NXT to forge with several accounts at the same node, or even lease the NXT to some account, like many are doing.

But with Crypti we have the community as a second protection layer, everyone will vote for the best delegates. If someone is running 100 active delegates from one node, nobody will vote for him. It will even be hard to get enough votes to run one active delegates, as this is a spot many want. (Steady income, respect in the community, etc.)

I know you from NXTforum and it seems to me, that you don't have a cryptographic background. I don't want to attack you, the least have a cryptographic background. So either you trust us or you explain in detail, why it is not a good system, which by the way Bitshares is running on since a long time already and it's working great!

starik69

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Quote from: Litoshi on March 16, 2015, 09:45:20 AM

No, XCR delegates are a way to secure the network, make it decentralized, and for delegate owners to have a steady income and return on investment.

You really don't understand that in previous post you described how delegates will simplify a Sybill attack? Grin

Litoshi

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Quote from: starik69 on March 16, 2015, 09:35:44 AM

Quote from: Litoshi on March 16, 2015, 09:13:13 AM

There are users running multiple nodes right now, one was running over 20. What makes you think that the same user wont run multi-delegates?

Oh, i only thought that the Crypti DPOS is a way to corruption and scam. Shocked

And now you proved it! Angry

No, XCR delegates are a way to secure the network, make it decentralized, and for delegate owners to have a steady income and return on investment.

starik69

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Quote from: Litoshi on March 16, 2015, 09:13:13 AM

There are users running multiple nodes right now, one was running over 20. What makes you think that the same user wont run multi-delegates?

Oh, i only thought that the Crypti DPOS is a way to corruption and scam. Shocked

And now you proved it! Angry

Litoshi

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Quote from: starik69 on March 16, 2015, 07:49:58 AM

Quote from: Passion_ltc on March 16, 2015, 06:00:52 AM

Let's make a bet of 100,000 XCR that after 6 months there will be 101 great active delegates.

If i win they will worth nothing after that Grin

If you promise not to tell anyone else, I will let you in on a secret.......... You can have more than one delegate.

There are users running multiple nodes right now, one was running over 20. What makes you think that the same user wont run multi-delegates?

starik69

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Quote from: Passion_ltc on March 16, 2015, 06:00:52 AM

Let's make a bet of 100,000 XCR that after 6 months there will be 101 great active delegates.

If i win they will worth nothing after that Grin

Passion_ltc

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Quote from: starik69 on March 16, 2015, 05:53:21 AM

Quote from: Passion_ltc on March 15, 2015, 08:41:48 AM

These genesis delegates will probably be replaced within 1h.

Numbers from your head? Grin

Now i see only 90 nodes from which only 24 with latest version. Cry

From my head - there will not be 101 voted delegates even in half a year Tongue

Let's make a bet of 100,000 XCR that after 6 months there will be 101 great active delegates.

starik69

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Quote from: Passion_ltc on March 15, 2015, 08:41:48 AM

These genesis delegates will probably be replaced within 1h.

Numbers from your head? Grin

Now i see only 90 nodes from which only 24 with latest version. Cry

From my head - there will not be 101 voted delegates even in half a year Tongue

Litoshi

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Quote from: Tobo on March 15, 2015, 01:26:36 PM

Supposed XCR become popular in the future like BTC, which one will be more convienient for people, 1xcr=$1 or 1xcr=$300?

$300......

With only 100 million USD market cap, And a $1 price, XCR would be in too short of a supply.

Passion_ltc

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Quote from: Tobo on March 15, 2015, 01:26:36 PM

Supposed XCR become popular in the future like BTC, which one will be more convienient for people, 1xcr=$1 or 1xcr=$300?

Then we will use something similar what Bitcoin is doing right now. Introducing the equivalent of Bits.

50cent_rapper

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Quote from: Tobo on March 15, 2015, 01:26:36 PM

Supposed XCR become popular in the future like BTC, which one will be more convienient for people, 1xcr=$1 or 1xcr=$300?

1$ per XCR is 100 mils USD marketcap for Crypti project.
300$ per XCR is 30 billions dollars Roll Eyes

I like your "supposes" Grin

Tobo

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Supposed XCR become popular in the future like BTC, which one will be more convienient for people, 1xcr=$1 or 1xcr=$300?

Litoshi

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Quote from: Tobo on March 15, 2015, 10:23:34 AM

If I am correct the total number of XCR are 100 millions. It seems this number is small comparing the other popular coins. It is probable a good ideal to have more coins in supply to keep the price low and affordable per coin.

Will you consider to proportionally enlarge the the total supply, for instance, each XCR becomes 10 or 100 XCR? By this way, you increase the total supply and in the mean time Everyone still has the same proportion of the total coins.

This has been discussed, and decided against.

XCR, just like BTC, is divisible into 8 decimal places, so there are really 100 million times 100 million Cryptoshi in existance. That gives us 10,000,000,000,000,000. 10 Quadrillion Cryptoshis. 10 billion wallets could hold 1 million Cryptoshi.

Your point about supply and price would not hold true. If the prce of XCR is 1000 sats, and we multiply the supply by 10, the price would drop to 100 sats.

We would rather the XCR price climb to 3300 sats, which would be USD 1 cents. That would make it easier for real world use to compute the value of a certain item in XCR.

From traveling the world, and having to use other currencies that are worth small fractions of a US cent, I can tell you that it is frustrating. Ever try to figure out what 1,101,487 Indonesian Rupias is? Is that a fair price for a hotel room? How about 200,000 Italian Lira?

Big numbers boggle many minds. Its better to stick to small numbers with a greater value each

Tobo

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If I am correct the total number of XCR are 100 millions. It seems this number is small comparing the other popular coins. It is probable a good ideal to have more coins in supply to keep the price low and affordable per coin.

Will you consider to proportionally enlarge the the total supply, for instance, each XCR becomes 10 or 100 XCR? By this way, you increase the total supply and in the mean time Everyone still has the same proportion of the total coins.

Passion_ltc

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Quote from: Litoshi on March 15, 2015, 08:52:36 AM

Quote from: 50cent_rapper on March 15, 2015, 08:46:51 AM

Quote from: Litoshi on March 14, 2015, 07:52:07 AM

Quote from: 50cent_rapper on March 14, 2015, 07:45:47 AM

And... ... we are waiting ...

If you want to speed things up, contact Bter and TELL them to release XCR for withdrawal.

There will not be DPOS until we can withdraw XCR from Bter. There is just too little XCR in private hands for a stable system.

The team is really busy with the testing. You would not believe how many different versions have been tested for bugs and functionality.

Ethereum is developing a similar system, with $18 million dollars of IPO money, and they are still vaporware after 9 months. We have only a handful of devs, but have made great progress.

Go bug Lin at Bter..... not us.

Yeah, you do a greate job, just don't be too rude to supporters (calling us annoying bugs and so on).

When did I ever call a poster a "annoying bug"?

We all love each others. ❤️

Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 144. (Read 804678 times)