Re: [Ann] Krypton KR, Ethereum - Based Cryptocurrency with Smart Contracts

I do not understand 1 thing. If any coin looses its price floor everybody start dumping and price goes down again. Panic sell is cancer.

You can thank past scams for that and the volatility crypto carries. People are always scared of losing most of their investment.

There is only 1440 KR coins mined per day, compared to other Ether coins this is very minor and will not cause major dumping.
We are not on any major exchanges yet, so it's too early to judge which way it will go. Krypton does not have
Devs with millions of coins set aside for future dumping, there is no developer fund, no early investor percent (AKA angel investors),
no coins held in a DAO etc..etc.., and when you see the final CFC sheet today you will also know beyond any doubt there is no fake BTC buys.

but why we only can mine tiny amount of coin per day ? Due to low net hash rate ?

When we decided the amount per block we took into consideration the total coin supply that will be in existence after the end of swap/CFC
Today we know that is 2.669 Million coins. Compared to other Ether coins, Ethereum started with 80 million coins at 20 coins per minute,
Expanse started with 11 million coins at 8 coins per minute, and Krypton started with 2.669 Million coins at 1 coin per minute.
The inflation rate to coin supply makes more sense now. Had we made the block any higher, CFC/Swap participants would have been cheated.
We hope this will reflect on future price and miners will be happy as well. We do not have TH's of farms mining so profitability should be the same if
not more.