Re: Crypti | XCR | Ͼ | 3 PoS algorithms | Ed25519 | 2nd Gen Source
Thanks for your suggestions, Mal.
The pcDuino is a top contender to replace the current candidate Cubie boards, reducing cost without sacrificing performance. We are meeting with the pcDuino manufacturer tomorrow to discuss, among other things, adding more RAM to pcDuino so it can reliably run Crypti along with another PoS type coin, most notably NXT. This would also be useful for running Supernet alongside Crypti.
There is a plan being worked on to introduce the Crypti coinbox at or even below cost to encourage operation of independent nodes. The box is being designed to run two coins so another coin with larger forging rewards or other features may be run for more revenue while the Crypti network grows. The box has a SATA port so it is well configured to even run a storage coin like Storj or Maidsafe by adding a SATA drive. The numbers being considered are 500-1000 nodes. The final number will be determined based on consultation with the independent vendor reviewing the Crypti code for security.
The system will also form the core of the mesh networking node to be released at a later date.
The pcDuino is a top contender to replace the current candidate Cubie boards, reducing cost without sacrificing performance. We are meeting with the pcDuino manufacturer tomorrow to discuss, among other things, adding more RAM to pcDuino so it can reliably run Crypti along with another PoS type coin, most notably NXT. This would also be useful for running Supernet alongside Crypti.
There is a plan being worked on to introduce the Crypti coinbox at or even below cost to encourage operation of independent nodes. The box is being designed to run two coins so another coin with larger forging rewards or other features may be run for more revenue while the Crypti network grows. The box has a SATA port so it is well configured to even run a storage coin like Storj or Maidsafe by adding a SATA drive. The numbers being considered are 500-1000 nodes. The final number will be determined based on consultation with the independent vendor reviewing the Crypti code for security.
The system will also form the core of the mesh networking node to be released at a later date.
Thanks for the info, seems like an awesome idea for poS coins
Thanks, glad you like it.
We are following the proven model of cellphones, where the carrier would subsidize the cost of the handset to the customer in exchange for a contract of long enough duration to pay for the actual cost of the phone. This has been a very successful marketing strategy to promote widespread use of cellphones.
Happily, in the case of the Crypti box, in exchange for running Crypti along with the coin of his choice, the customer receives a device which can make him money, and be used for a Point of Sale system in his business, instead of costing him money for a service contract, other than the electricity at a low price.
The box is also pre-configured and self updating for ease of use and convenience to encourage mass adoption, along the lines of Apple products. Early adopters who participate are also encouraged to contribute to testing and continued development of the system.