Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 216. (Read 804701 times)

Oh, I see. Thnx. Zzyz, keep calm, and u will win. Devs work hard.

I dont think MintPal was a scam, but they were scammed by Moolah. 

The net deposited funds in MintPal were too tempting a target.  The take-over was nothing short of a bank raid.

It used to be a common tactic in the corporate world for Company A to buy-out Company B, which had a cash-rich retirement account,.
Then raid the retirement fund by having the fund buy the debt that Company A used to buy Company B.  Company B is then sold off in pieces for the book value of the assets, and the retirement fund goes bankrupt.

I am sure that "Alex Green" is now running from both the authorities and the criminal gangs that see an easy target. 

Thanks god Crypti wasnt trading on Mintpal V2!

I appears it was a scam all along!

https://bitcointalksearch.org/topic/moolah-scam-on-mintpal-reporting-missing-coins-824211

He is saying:

0.8 BTC volume I projected

I will wait for 400 satoshi price.  It will be soon.  .3BTc were purchsed for 500 sats.  Dumb posters paniced

Damn, so dead.  Devs create price for friends.



Obviously, just another flame bait from our chinese friend ,  忘/王八蛋.

Zzyz, Didn't get what u mean.

+1
I concur that is a good idea. A set date for future updates..

Thats a good idea! Having weekly updates on choosen day, so we dont have to ask all the time.

Anyway, im not selling my hard earned XCR so low!

They have had some unexpected issues. Such as POT.. I also will continue to be a coin holder as I see there is lots of potential..
Regards,
Brian

GreXX, thanks for the update, but the frustrating part, which I'm sure everyone agrees with me, is that you said those exact words 2 weeks ago (and work on it hasn't even started yet) :


Blog Post :




We are in a situation now where Crypti is close to 2 months behind schedule (excluding the current Roadmap you posted). With the Roadmap that you posted, I'd be surprised to even see Custom Blockchain Support this year, not spreading FUD, just my honest opinion based on what's happened in the past. I'll be holding onto my XCR, becuase I know that if Crypti becomes even slightly successful my XCR would be worth a whole lot, but please guys, try to at least hit the timeline that you've told us.

many thanks for the update..
Regards,
Brian

Ralph said:

You come across as sincere and give a good and professional impression but truth is you could have waited 3 more months before releasing.

Ralph, the project was in development since February.  Funny thing about the coders and developers though, they needed to eat and pay rent.   Other specialized devs needed to be hired who also need to eat occasionally and pay their rent.  

Thats why the IPO/pre-sale was launched when it was.  This is also a common way of funding in the cryptocoin world.  I should not have to point out all the other projects relying on IPO funds to continue development. How much did you lose on coins that have launched and failed?  Like MaxCoin for instance......... all hat, no horse.  How about AuroraCoin?  What are your losses there?  

The days of issuing a coin that is a fork of Bitcoin or Litecoin with a fancy name are long gone.  Any coin hoping to succeed in the present market must be innovative, useful, and have a community behind it.

You mention partnerships.  Well, that may be the future here, but right now Crypti is still being potty-trained, its too early to marry her off.

The crypto coin world is also much like a poker game....... show your hand too early by publishing your code open source, and you have 27 copycats, 32 clones, and a cybersquatter.

Ohh i hope this just remains a theory for Crypti..

Though constructive criticism is good, it keeps one on their toes and the devil called complacency at bay.

Many Thanks for the detailed update, GreXX.

Just a humble opinion :
We community members should be patient with crypti devs and not demand updates in every 2 days, though it seems to be the norm in crypto.
I'm happy even if there are weekly detailed updates and targets about permanent PoT, CMBs, logo, web-design, etc.

Asking for updates every 2 days results in guesstimate timelines & increased expectations which then leads to frustration when the said timeline is not met due to new code issues which always seem to raise their ugly head in last moments.

It would be much better if we come into an agreement with devs to issue weekly updates on a predetermined day in the week, say Monday.
Then we can all look forward to Monday each week to get all relevant updates.

I would like us to be realistic and not set false expectations to ourselves about the future.

Hope it makes sense.

Keep in mind I can't give set timelines right now and those are best guesses at fairly positive, no issue development timelines. Rarely do you ever NOT run into issues so we will just have to keep you all updated on how things are going and hopefully we can all be patient and understand that at the end of all of this, we will have a much stronger foothold in the industry.

So let me just try to answer these as best I can.

1. What is ETA on permanent fix? If all goes well, we will start working with an external consultant on Monday to finalize a permanent solution to our initial PoT system as described. I believe this will take at least 2 weeks to find the solution and code it. That is just my internal rough estimate and is not meant to be final by any means. We have not announced this yet because we are finalizing terms on Monday after we get the documentation together with all of our algorithms, code, and what our intentions were, etc. We have had calls already and he and his partner are very interested and we are hoping to start Monday. Just for reference, they have done code / security reviews and audits for a lot of the top coins in the industry and have been doing so for a couple years now. They are very familiar with crypto currencies and the industry and how the code works and I believe will be able to work with us to find the best solution for Crypti. We felt like this was a necessary thing to do in order to ensure we fix some of the long standing issues with syncing, forking (on the old algo), and resource use. We will also be discussing our implementation plans for Custom Block Chains with them while we have them as a best use of our resources.

2. How about an ETA on Custom Block Chains? This is something I'm not as comfortable giving a timeframe on. This obviously depends on the work we do to get the PoT solution in order and working as planned. If it takes 2 weeks to complete the PoT, then it could take another 2-4 weeks after that to finalize Custom Block Chains. I know that sounds bad but remember that when we put out the initial timeline and roadmap, we thought our algorithm was good to go and that we would have had all of this time since launch to work on CMBs. With us having to do the temporary solution for PoT and go back to the drawing board so to speak with our initial solution, it will push the timeline for CMBs back as well.

3. Do we have a general ETA on the web design? The web DESIGN should be complete in 3-4 weeks. It will then need to be built which might take another week after that. Our goal is to sort of try and line up some of these developments so that we can launch the new PoT solution and node software with the launch of the new site. We would have loved to have had CMBs done for the new site which was our initial goal, but I just don't think we will make that timeline. Ultimately, we want to get this re-brand and new algo working and then sort of re-launch. Once that is all done and CMBs are done and working, we feel like we can start a broad marketing campaign to get the word out about Crypti and what it can do. But marketing without a solid web design and working wallets / CMBs (which is a main feature), I feel like the money would be wasted.

On top of that, we are working on coming up with some bounties and programs to help give back to the community and support you guys who have been supporting us. I am proposing one initiative in general that I think we will be doing a test run of, that I personally think you will all like and it will help reward those who are here now when we are in this sort of testing phase. I hope to be able to talk about it a little bit more soon.

I hope that helps answer some of your questions and clear the air a bit. If you have other questions, I will try to give as many specifics as I feel comfortable with and can give.

You guys are really impatient.  There is lots going on here, but it is boring stuff to report.

Looks like there will be something new today or tomorrow for the community, but cant promise....... you know how all thing computer goes until it doesnt. 

How many of you got burned in the SysCoin fiasco?

I love your posts Zzyz!

~informer

I second that. I know they don't wanna say a precise ETA but something widely would still help to grasp the situation.

CryptiKit Update - Simple & easy Crypti node deployment and management.

Hello fellow forgers . I've just tagged another release of CryptiKit with a new feature called: Surplus Withdrawals. This new feature can be used to  withdraw your forged coins into a designated deposit address to build further nodes or simply consolidate your forging profits.

I've worked really hard to make the process as simple and bug-free as possible. Let me know if you find any issues.

Please download here: https://github.com/karmacoma/cryptikit/releases/tag/v1.6.0

If you don't know about CryptiKit and what it can do already, please read here:
- https://github.com/karmacoma/cryptikit/blob/v1.6.0/README.md

---

Surplus Withdrawals

The new withdraw_surplus task withdraws any surplus balance above the minimum 1000 XCR required to start forging, to a designated crypti account.

For example the command:


Will check nodes 1, 2 and 3 for surplus balances and withdraw them to a designated deposit address.

Deposit Address

Upon executing the withdraw_surplus task. CryptiKit will first prompt you to enter the deposit address where you want to the funds to be sent to. If an invalid address is provided you will be prompted by CryptiKit to try again.

For example: With a valid address:


For example: With an invalid address:


Surplus Balances

The withdraw_surplus task will only process nodes with a surplus balance above the minimum 1000 XCR required to start forging.

NOTE: Minimum withdrawal is 0.01 XCR. Anything less than that will be ignored.

For example: When a node has a balance greater than 1000 XCR:


For example: When a node has a balance less than or equal to 1000 XCR:


Passphrases

Before sending any funds, CryptiKit will prompt you to enter your primary passphrase. If a secondary passphrase is also assigned to an account, CryptiKit will prompt you for that as well.

For example: An account with two passphrases:


Successful Transactions

For each successful transaction, CryptiKit will output the fee, transaction id and total amount sent.


Error Handling

If any errors are encountered during a transaction. For example an invalid passphrase, CryptiKit will handle the error and move onto the next selected server.

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Cheers, Karmacoma24.

I thought they were going to be daily updates. But even if there isn't, I'm hoping we can get updates more often and on a regular basis. This lets coin holders know that progress is being made. So I encourage the team to communicate a bit more..

Questions I would like to know (others probably want to know as well):

What is the ETA on a permanent fix?

How about an ETA on custom block chains?

Do we have a general ETA on the web design?

I also think, it may be a good idea to look into cloud mining and set up an investment fund. It is working well with some other coin I am invested in.


Thanks for your time,
Brian