BitShares Forum

Main => General Discussion => Topic started by: Tobo on March 21, 2015, 01:29:12 pm

Title: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: Tobo on March 21, 2015, 01:29:12 pm
After failed to create a brand new Poof system, the Crypti (XCR) dev team decided to adopt DPoS as their consensus mechanism and it is about ready to launch - https://bitcointalk.org/index.php?topic=654463.9720

Crypti will not be a competitor of Bitshares. Instead, Crypti will focus on some specific commercial applications of crypto technology with adding side chains and the virtual machine.


Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: luckybit on March 21, 2015, 01:33:05 pm
I'm aware of this and communicated with them while they were considering this decision. I'm glad they went to DPOS.

I hoped they would honor the social consensus but even if not it still legitimises DPOS as an algorithm. DPOS is the best algorithm right now spec for spec.
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: JA on March 21, 2015, 01:41:41 pm
And what does Crypti besides implementing dpos?
Is it just a coin or does it have special features?
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: crypti on March 21, 2015, 01:50:26 pm
And what does Crypti besides implementing dpos?
Is it just a coin or does it have special features?

We post our roandmap here
https://docs.google.com/spreadsheets/d/1Zzsu0BikplztWB8xTU3PhMHbyHBrW8EX3lR-e6lS8LA/pubhtml?gid=31&single=true

Our main idea to implement as we call it, custom blockchains functional, to allow developers launch new applications on custom blockchains.
We working on it to implement it in new release.

Looks like Todo started thread not in time, because after dpos release we will still be in alpha production, need to check how it will work on mainnet.
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: btswildpig on March 21, 2015, 01:53:00 pm
you should honor the social consensus and sharedrop on this community .
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: crypti on March 21, 2015, 01:59:43 pm
you should honor the social consensus and sharedrop on this community .

Maybe i'm wrong and not so familiar with social consensus, but we don't use BitShares toolkit,  we use only algo.
And our first distribution was on our consensus algo, that was failed, bc it's problem to get 10% to bts community.
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: Tobo on March 21, 2015, 02:09:54 pm
you should honor the social consensus and sharedrop on this community .

XCR is only using the DPOS algorithm. XCR devs rewrote it in Node.js. The coins have been distributed long a ago when XCR still tried to work on their own Poof algorithm. However, the price of XCR is very very cheap now at both Bter and Polo (with 0.5 btc  you can buy about 0.1% of total XCR coins).
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: xeroc on March 21, 2015, 02:18:26 pm
At least they have a roadmap :)

+5% ... looking into it
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: btswildpig on March 21, 2015, 02:19:30 pm
you should honor the social consensus and sharedrop on this community .

XCR is only using the DPOS algorithm. XCR devs rewrote it in Node.js. The coins have been distributed long a ago when XCR still tried to work on their own Poof algorithm. However, the price of XCR is very very cheap now at both Bter and Polo (with 0.5 btc  you can buy about 0.1% of total XCR coins).

good to know , at least it's a research on DPOS .
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: CLains on July 09, 2015, 08:10:49 pm
New Crypti whitepaper, https://crypti.me/crypti.pdf

I wonder if they will want to upgrade with Graphene..
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: Akado on July 09, 2015, 08:31:09 pm
New Crypti whitepaper, https://crypti.me/crypti.pdf

I wonder if they will want to upgrade with Graphene..

They could just migrate to BitShares and issue an asset. I just don't see what Crypti offers that BitShares doesn't.
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: fav on July 09, 2015, 08:32:09 pm
New Crypti whitepaper, https://crypti.me/crypti.pdf

I wonder if they will want to upgrade with Graphene..

they have to buy the licence then. doubt it.

and I agree with @Akado they could just issue an UIA
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: bytemaster on July 09, 2015, 08:37:47 pm
Their primary "advantage" is being all in JavaScript.

Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: Riverhead on July 09, 2015, 09:14:17 pm

I think it's a pretty cool project. Writing BitShares DPOS in NODE.js from scratch is ambitious but they did it. The community is still fairly small but it would be nice to see another DPOS project gain some traction.
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: bytemaster on July 09, 2015, 09:38:14 pm
I agree it is a fairly cool project, it would be nice to have a complete javascript implementation of graphene's protocol.

Fortunately we already have everything for producing and signing transactions in javascript, all that is required now is to implement the evaluators that track chain state.
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: fer87 on July 13, 2015, 04:11:12 am
Thanks for the info.
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: btswildpig on July 13, 2015, 04:22:21 am
complete javascript implementation of graphene's protoco

would this require a licence ?
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: Riverhead on July 13, 2015, 05:12:21 am
complete javascript implementation of graphene's protoco

would this require a licence ?

(http://cdn.govexec.com/media/img/upload/2014/07/10/071014rabbitholeEIG/medium.jpg)
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: cass on July 13, 2015, 06:34:55 am
you should honor the social consensus and sharedrop on this community .

Maybe i'm wrong and not so familiar with social consensus, but we don't use BitShares toolkit,  we use only algo.
And our first distribution was on our consensus algo, that was failed, bc it's problem to get 10% to bts community.

Welcome on DPOS :)

Why not dicuss how we can profit from each other and grow together if there is a opportunity?
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: sittingduck on July 13, 2015, 11:31:59 am

complete javascript implementation of graphene's protoco

would this require a licence ?

No.  Only their code is copyrighted. Anyone may implement the protocol. 


Sent from my iPhone using Tapatalk
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: cass on July 13, 2015, 11:39:39 am

complete javascript implementation of graphene's protoco

would this require a licence ?

No.  Only their code is copyrighted. Anyone may implement the protocol. 


Sent from my iPhone using Tapatalk

intend to agree here! If they are using our protocol but develop from scratch complete in node.js and javascript ..guess a license won't needed.

@bytemaster pls correct me if i'm wrong here
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: xeroc on July 13, 2015, 12:07:17 pm
Some very innovative features may be patented ... you know .. like progress bar or a double click .. :P
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: BunkerChainLabs-DataSecurityNode on July 13, 2015, 02:11:58 pm
Some very innovative features may be patented ... you know .. like progress bar or a double click .. :P

I WANT IT NOW!!! RIGHT NOW!! Double click is genius!! :D  :P
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: cylonmaker2053 on July 13, 2015, 06:43:49 pm
Some very innovative features may be patented ... you know .. like progress bar or a double click .. :P

LOL now that's innovative!
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: werneo on August 30, 2015, 07:50:34 pm
"Meet the Next Generation Cryptocurrency ‘Crypti’, Blockchain 2.0 Tech"

Quote
Crypti’s decentralized applications are backed by the existing Crypti network which operates using a variant of the BitShares Delegate-Proof-of-Stake (DPOS) consensus model and is formed of 101 active delegates who are democratically elected by the users of the network.

http://www.forexminute.com/bitcoin/meet-the-next-generation-cryptocurrency-crypti-blockchain-2-0-tech-62349
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: Riverhead on August 31, 2015, 02:21:38 am

Glad to see Crypti get some press. The article does give a tip of the hat to Bitshares.

Quote
Crypti’s decentralized applications are backed by the existing Crypti network which operates using a variant of the BitShares Delegate-Proof-of-Stake (DPOS) consensus model and is formed of 101 active delegates who are democratically elected by the users of the network.
Title: Re: A new 2.0 crypto - Crypti / XCR has adopted DPoS as the consensus and ready
Post by: fuzzy on August 31, 2015, 03:58:20 am
you should honor the social consensus and sharedrop on this community .

Maybe i'm wrong and not so familiar with social consensus, but we don't use BitShares toolkit,  we use only algo.
And our first distribution was on our consensus algo, that was failed, bc it's problem to get 10% to bts community.

Welcome on DPOS :)

Why not dicuss how we can profit from each other and grow together if there is a opportunity?

quote]

This^^
Let's not have one chain to rule them all. Let's have many that take up different needed areas of the ecosystem.   :)

As for a UIA. Why don't we just make sure to create bitXCR and let IT trade?