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Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 602. (Read 804702 times)

hero member
Activity: 763
Merit: 500
Unfortunately Anon only willing to do future escrows on top of the NXT Assets Exchange which, in our opinion, complicates matters for the casual buyer.
We want to give a simple BTC sending experience to an Escrow address, and have a ledger showing the estimated amount of Crypti that one will receive.
However we are in talks with several other Escrow providers, and looking to have one available towards the pre-sale start.

Actually buyers still can send BTC to anon136 for this kind AE escrow. anon136 will issue the tokens to the buyers through AE (all buyers do need to get a Nxt account). In the end, after the launch, all buyers just need simply transfer the tokens back to anon's issuer account with a message (through Nxt messaging feature) including their crypti account # for either you or anon136 (you send all escrowed coins to anon) to distribute their coins to.
hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
Every node knows how long work another node. Because network know weight of each nodes and each node connected to account id. One node - one account id. Account connected to node must be with effective balance > 0. In addition the combination of PoS algorithms adds more security.

How some node knows the up-time of another node?
Is the node itself watching the up-time of others nodes?
How is it works?
As example. When new node is started it must broadcast a message.
Other nodes when they receive this message add this new node to the some list.
And every some interval (hour, day), a new node must confirm the presence in the network by sending a new message.


More details will be in pre-release technical white-paper.
hero member
Activity: 750
Merit: 511
Every node knows how long work another node. Because network know weight of each nodes and each node connected to account id. One node - one account id. Account connected to node must be with effective balance > 0. In addition the combination of PoS algorithms adds more security.

How some node knows the up-time of another node?
Is the node itself watching the up-time of others nodes?
How is it works?
As example. When new node is started it must broadcast a message.
Other nodes when they receive this message add this new node to the some list.
And every some interval (hour, day), a new node must confirm the presence in the network by sending a new message.
hero member
Activity: 756
Merit: 502
maximum and minimum investment set?

Both are unlimited - buy as little or as lot as you want.
full member
Activity: 121
Merit: 100
I disagree with the distribution. I think this would be best:

Coins:

90% (90,000,000) will go to those who invested in the Pre-Sale.

10% (10,000,000) will go to the team that created Crypti.


IPO (100-200 BTC):

10% (10-20 BTC) will go to the team that created Crypti.

90% (90-180 BTC) will go to the development fund.

Don´t be greedy.
member
Activity: 64
Merit: 10
maximum and minimum investment set?
hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
NXT clone or written from scratch??

It's written in javascript. So, it might be a clone, but it's not a fork.

A NXT clone?

No, it's not clone.
member
Activity: 64
Merit: 10
NXT clone or written from scratch??

It's written in javascript. So, it might be a clone, but it's not a fork.

A NXT clone?
hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
NXT clone or written from scratch??

Written from scratch in Node.js, but I watched and learned a lot from NXT.
hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
@cripty
I asked earlier:

About Proof-Of-Time.

Can you explain in details how nodes will validate a block from the forger?
How will they check the accuracy of the declared forger up-time?

I think there could be manipulation.


@cripty
I asked earlier:

About Proof-Of-Time.

Can you explain in details how nodes will validate a block from the forger?
How will they check the accuracy of the declared forger up-time?


Every node knows how long work another node. Because network know weight of each nodes and each node connected to account id. One node - one account id. Account connected to node must be with effective balance > 0. In addition the combination of PoS algorithms adds more security.
legendary
Activity: 1736
Merit: 1001
NXT clone or written from scratch??

It's written in javascript. So, it might be a clone, but it's not a fork.
legendary
Activity: 1736
Merit: 1001
The fee should be to the merchant, not the sender.

Corrected in white-paper.

Thanks. And what about casual sends? Like to/from person or exchange?
member
Activity: 64
Merit: 10
NXT clone or written from scratch??
hero member
Activity: 750
Merit: 511
@cripty
I asked earlier:

About Proof-Of-Time.

Can you explain in details how nodes will validate a block from the forger?
How will they check the accuracy of the declared forger up-time?

I think there could be manipulation.
hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
what is the Proof-Of-Time?

Proof-Of-Time one of type of forging. As weight network uses how long time node support network. You can set up node and provide your account id in configuration, after it your node time in network will be added to common weight (others types of proof) and calculated when you can generate block.
sr. member
Activity: 394
Merit: 250
Crypto enthusiast
Other potential sources of funding could include:

1. Taking a small percentage of the merchant fee. If transaction volumes are large enough then even a small fraction say 1% of the 1% merchant fee could add up. You won't see this in the short term but if the concept is successful it could provide much needed income in the longer term.

2. Look at charging a subscription fee on merchant and even consumer wallets in the future. Continuous improvement does come at a cost and someone needs to bear that cost and it should be its users if they expect the infrastructure to be maintained.

3. Charging for support and maintenance services to merchants. There are always end users after higher levels of support services and are willing to pay to get it.
member
Activity: 69
Merit: 10
Very good, the project will be very successful
hero member
Activity: 756
Merit: 502
We are happy to announce, that a respected community member maxmint has agreed to provide Escrow for this pre-sale!
It's our true belief that a presence of such member will assure the community in our intentions and result in a very successful pre-sale.

Maxmint will confirm this by posting here and in separate thread with the Escrow terms.
member
Activity: 69
Merit: 10
hero member
Activity: 750
Merit: 511
About Proof-Of-Time.

Can you explain in details how nodes will validate a block from the forger?
How will they check the accuracy of the declared forger up-time?
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