Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 17. (Read 804672 times)

Who are you?
I would like to hear the same from TS

Current Crypti devs will be doing no further development on Crypti. We are encouraging people to convert over to Lisk. Since we are advising people to do this we cannot ethically do further development on Crypti to give it more value after the Lisk ICO. Any new development on the base Crypti platform or creation of new dapps for it will have to be community generated. We are maintaining Crypti for 6 months to allow people to join in and continue with it if they prefer the original version, or even take it in a different direction than Lisk.

Current Crypti devs have to answer simple question: will they develop Crypti further or not?
And we need clear answer before start of Lisk ICO

Lisk Investment Charts:

https://bitcointalksearch.org/topic/m.13819377

Yes, XCR holders should convert to Lisk. As can be seen from the tables posted by Mal, the dilution is likely to be quite low, even with a lot of BTC and ETH raised. There are even some scenarios where XCR holders end up with a higher stake, but this would be non-optimal since it would mean little funding to continue development and marketing.

Those who would like to see the original version continue can purchase the XCR back at what will probably be a very low rate and proceed with developing it and running nodes. It does not cost much to operate nodes, easily 4 delegates per $8 per month Vultr server with 1 Gb RAM and 1 CPU. This is an example of how lean the Crypti code is. Operations can be extended beyond the 6 months with minimal resources by community run delegates, including myself personally, if there is interest.

I'm not sure if every XCR holder realizes this, but for all intents and purposes, after the ICO, the new XCR is Lisk.

Lead dev/coder of XCR will be an adviser to Lisk, two members of foundation running Lisk, and the rest of the foundation members will just go their separate ways. XCR probably won't survive more than 6 months after the ICO (unless someone else takes control of it). This isn't rumor stuff by the way, it's all in their chat logs and posted to the public.

I can see XCR people being angry, but if you hold any XCR, it's counterproductive. Either convert to Lisk, or sell your XCR pre-during the ICO. Of course those who sold their XCR already may wish to go into fud/troll-mode if they want to buy into the ICO cheaply (cheap XCR to convert then).

Yes? So fuck off and leave XCR alone, we don't care about your scammy coin ICOs, swaps and other deals anymore.

Thanks for sticking around to troll till the end, we love you Starik.

All this 6 months thing and "we delivered what promised" thing is complete bullshit.
Because Crypti team did not delivered stable decentralized coin network.
Because most votes and thus delegates in this DPoS system belong to Crypti team themselves.
So if they leave Crypti after 6 months this network will die because of absence of delegates (Crypti team will switch off their delegates and will not care about voting for others). RIP.

Same will someday happen with Lisk

It is an additional feature besides multi-sig: http://docs.crypti2.apiary.io/#reference/signatures/add-second-signature/put-second-signature-for-account

Thanks. I was under the impression that it was an additional feature besides multi-sig.

https://blog.crypti.me/an-introduction-to-our-multi-signature-implementation/

right here
https://www.wolframalpha.com/input/?i=where+is+moon

I'm sorry to interrup the discussion but is there any technical documentation where i can read up on the second password feature and how exactly it works ?

Actually, we completed all core features promised, over a 2 year period, on an initial fundraiser that lost 70% of it's value in the BTC crash. We initially raised the BTC equivalent of about $487,000, but BTC crashed about a month or two after and lowered our operating budget to about $150,000. By not being greedy (looking at you Eth devs) and accepting salaries of $250 a month or less for many on the team (despite having engineers and team members who were worth much more), we were able to continue development with a team numbering up to I think 12 or 15 at one time for the entire initial outlined time period and complete feature development on everything outlined in our initial goals and then some. We can also now say that we have built, open sourced, and launched to the community one of the most advanced core decentralized technologies in the market place and done it on a fraction of the budget of the other major players.

The core team members are not moving on to the new ICO or company and feel we have accomplished the goals we set for Crypti, the technology. At this point it's up to the people to use it. It just so happens that 2 of our initial community members who we brought on to help with the development cycle have some really strong ideas on where to go with the technology and want to pursue it on their own terms, which is totally legal and why open source software exists. Just as they have done, so can anyone else in the world who has an idea. We built the core technology that can make so many industries and ideas a reality, all you have to do is try.

For those upset about the core network, or forks taking away its potential, I have this to say. Crypti can't be shut down or turned off if you don't let it. If you believe in the network, your investment, and the potential that it has, then fight for it. Tell your friends, tell developers, tell people what it can do. Bitcoin became bitcoin because the core enthusiasts made it happen. Because a few nerdy guys geeked out on what it was and what it was capable of doing and kept spreading the word until they found the right people who pushed it to the next level.

Bitcoin still runs because the people run it. No project like Crypti can ever exist without the support of the people, especially those who truly believe in it. It could never run forever off the backs of 5 people, that's just fact.

But that's just my 2 cents....

Sorry if I seem a bit offended or emotional, but I think anyone who's been with me here since the beginning can understand. It's been a long road to this point.

So, a genius developer and a few dedicated persons developed an amazing technology, which is better than any other at the moment, and at some point two people from the team envisioned their own way of bringing this amazing tech to the world, so they're launching their own project separate from the original one.

So, a few idiots burned all the money they got from XCR ICO and are now moving to yet another ICO to get more money to burn. Then they will move to yet another ICO and so on, very pathetic.

Thanks for posting these. This is very good information.

Lisk Investment Charts


How many Lisk you will get for every Crypti you donate (Ownership dilution / concentration):
  
https://docs.google.com/spreadsheets/d/1GwWKK7bpjYTxtQRIq_l2xiKI9rEOpTU1oTt0q3C6Mc8/edit#gid=763738405
  
What Satoshi price you will pay for one Lisk with the Bitcoin you donate (Logical Lisk starting price at exchanges):

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit#gid=763738405

Note : 15% to 10% bonus for early BTC donation is ignored in these spreadsheets!

Crypti folks:

Note that if your ownership is diluted (less genesis Lisk than Crypti donated), the price of the Lisk you hold goes up to compensate.  The net value of your holdings is unchanged at the end of the ICO.

Note that if your ownership is concentrated (more genesis Lisk than Crypti donated), the price of the Lisk you hold goes down to compensate.  The net value of your holdings is unchanged at the end of the ICO.

Bitcoin folks:

Welcome to Lisk, the alternative to Etherium.  Why learn some weird new language like "Solidity" or "Serpent" to write smart contracts that will end up running on some giant Chinese server farm?  Program Lisk side chains and dapps in Javascript, run them on your own network of $35 Raspberry Pi 2 or $9 C.H.I.P. microcomputers dispersed worldwide, and... prepare for lift-off!

(P.S. First JavaScript programmer to write a Lisk sports betting dapp becomes a billionaire).

I'm interested in buying XCR in bulk off-exchange if anyone is interested in selling without driving the exchange price way down.   PM me.