Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 541. (Read 804701 times)

I'm offering a bet of any amount up to 1000 XCP to any participants that Crypti does not have a working reference client and is Vaporware.

Method of Proof:
A hash of the current Working Private Code is embedded into the Blockchain with Multisig or OP Return. A Counterparty Binary Bet is made on a Broadcast of a trusted-third-party with a deadline three Months from now when their code goes public the trusted-third-party broadcasts the outcome.

Bitcoiner from Xbet.io has agreed to facilitate this Broadcast (though I am open to other trusted-third-parties) - with the following match conditions:

The guy who missed Qora IPO and bought over 300M after the launch is a whale. I'm anchovy who leads a small group of fellows anchovies 

dzarmush,

I'd say friendly, that you are a real whale 

Also, could you just remove this limit. It doesn't make sense. If someone wants more than 2% he will just make another acc on Bter.

Devs, I've got a question.

Let's say I invested 10 BTC. Does it count as 13 BTC because of 30% bonus or as 10 BTC? The thing is I'm investing for me and several friends and I don't want to be refunded because of 2% limit.

With 750 BTC max cap investment limit is 15 BTC (2%). Or 15 BTC minus 30% because 30% will be added as bonus?

I meant that an exchange looking to support Crypti (which mostly depositing and withdrawing from / to Crypti blockchain), could do it faster as they will have a working API.

Do you mean by this that there will be an integrated exchanger?

We are looking to have additional exchanges to support Crypti trading, after completing the the pre-sale and the Crypti distribution to buyers.
Thanks to Crypti coming with API support from day one, the integration on the exchange side should be quite fast.

will bter be the only exchange for cryti?

Indeed, I just would like to add that once Bter finalizes the API extension for us (expected on Monday), we will bring back up the ledger, enabling everyone to easily see how much Crypti they are estimated to receive.

Read white-paper, there is the concept information, technical white-paper will be posted soon, before IPO will be finished.
Developing on custom blockchains will be started on the end of next week.

More details about custom blockchains?

1. Continue developing Crypti, make it more secure and stable.
2. Start developing of Custom Blockchains and integration with main Crypti blockchain.

This is our main points at this moment, then we want to make first app on custom blockchains and continue support coin and projects around coin.

guys,What is the next step in the programme?

i think the bonus can only be calculated once the total fundraising is known.

The total number of shares is unknown until the last day.  The bonus goes down 1% every day.  I used an average of 20% for the bonus, today the bonus is 28%.  last day it is 1%.  I am assuming that most of the money will come in the first week and the last two days.  

There are about 300 BTC invested so far, with a bonus of 30%.  Thats already 390 shares. 

Ok so if I buy for 1 BTC with BTER ESCROW, I also take the bonus right? and I get around 110k CRYPTI?

I was wondering if someone could clarify a few aspects of the transaction fees.  From the whitepaper:

"Transaction fees will be 1% of the total transaction amount, paid by the merchant. If you transfer 100 Crypti from your account to another, you will charged a 1 Crypti fee to process the transaction. "

It seems that there's a tx fee even when a merchant is not a party to a tx. If so, the above should be rewritten, as the fee obviously can't be paid by the merchant when no merchant is a party to a tx.

The whitepaper goes on to say:

"The other 50% [of tx fee] depends on whether or not the transaction was a purchase activity to a validated merchant, or simply a traditional transfer to another user or non-validated service (i.e. an exchange). If the transaction was a purchase activity (i.e. you bought something from a validated merchant), then this 50% of the transaction fee will be awarded to the merchant account that you purchased the goods from."

Correct me if I'm wrong, but it sounds like the system takes 1% tx fees, except when the receiving party is a merchant, then tx fees are 0.5%.  It would be a lot clearer to describe the system that way, than to include this proof of ID notion, which really functions nothing like a PoS, as it's on an atomic tx-by-tx basis.  It seems needlessly complicated the way it's presented.

With a total of 100 million coins, and a cap now at 750 BTC, plus an average bonus of maybe 20%, (750X1.2) makes 900 shares total.  100million divided by 900 = 111,111.11 coins per share. 

You must sell for 900 satoshi per coin to recoup your BTC

it depends on how much total btc is raised

am i correct guys?