We are in crypto. Things rarely look the way they are.
There were around 30 auctions and only like 1-2 ended in profit (for site).
From begining penny auction as a system was working fine. But it was wordpress based. When more traffic arrived, the site started to lag and throwing bugs that needed to be repaired.
At this point some users noticed they can use DDoS to win auctions easier.  It started with second 0.2 BTC auction. (I was not even able to login as admin for like 24 hours)
It is true price was climbing, but I was in terrible loss. (Even though the site was wp based, I spent a lot of thousands of dollars on development)

At final point i realized there are 3 critical areas at penny auction project.

First : insufficient software.
Second : lack of finance to run until the project is profitable.
Third : even when traffic was growing, the site would need 5-10 times more traffic to be profitable...


Now I´m here to repair the network. Crx network must be unified.
Whole Chronos network grew enough even without me. Coin is listed at 2 huge crypto markets.
First we'll all get to one chain. Once it's done. I will release new pennyauction project. This time focused on long-term operation + less valuable prizes auctions.

New Chronos node is synced and running. I will add this node at github.
Then I will re-compile new wallets. Linux will be ready today. Windows in next days (need to build compiling enviroment first) .

Hi, Perryl. I remember you. Still in crypto?
It´s  really me. You can give me any question ,what could only be answered by the old crx dev.
btw i still have acces to everywhere btctalk, gmail, github.....

Yes. I´m  back.

Finally synchonized wallet today.

CRX is at block 1 052 822
Current supply 75 534 312 CRX

Get info:

"version" : "v1.0.0.0-g32a928e",
"protocolversion" : 60013,
"walletversion" : 60000,
"blocks" : 1052822,
"timeoffset" : 0,
"moneysupply" : 75534312.23671806,
"connections" : 9,
"proxy" : "",
"difficulty" : {
"proof-of-work" : 25.25676847,
"proof-of-stake" : 0.00248847,
"testnet" : false,
"keypoololdest" : 1524781616,
"keypoolsize" : 101,


Today I created new crx node. It is syncing. (it will take around 48 hours)
Once node will be fully synced I will add this node into crx code at github. (Already added few active public nodes at github code today)

Also when daemon will be synced.  I will start to look for new blockexplorer + will post new wallets + create new website)

First important step is unification of the network. Means: New hardcoded active node, new wallets,new Blockexplorer, crx website,updated exchanges (cryptopia, Yobit)

Penny auction update

Deposits are disabled now.

Web 2.0 will be availaible in 48 hours. You will have to make a new registration again. (due to security)


I will refund every user with possitive balance (Pennyauction.click).

1 bid=0.5 USD.


   USER           BIDS
adamgud          1
bab4               47
hellsteeth         4
IeShua             1
kanoptx           10
kostin_mikhail  26
Lilop               2
Lollero            52
manny            16
maxfunky        30
midviduk         1
Simple858        17
roncar             71
theboccet         2
thefrolly           9
Vov4ik             3

Total 294 Bids to refund. (147 USD)

FOR REFUND SHOOT ME PM WITH YOUR NICK + BTC ADDRESS.

It will come as ordinary transaction.

You will not loosestaking rewards when your pc is off. Stakes are time based. (They are growing until you hit the block)

I will buy CRX on Yobit (with btc).
And with using richlist i will send dividends to holders. (staking wallets)

Dividends update

Penny auction generates around 0.15 btc per day.
I used 0.5 btc (from Dividends fund )two days ago to get CRX listed on Yobit. (exclusive listing).
There is still around 0.55 btc in dividends fond. I will always wait when it reaches 1 btc . And then i will send the dividends to CRX holders.

It is due to high traffic on site. (We are growing much faster since we hit yobit)
Try F5 (refresh)

I will buy additional server power today. (going on it now)

Congrats.

You can check your wallet now. (BTC sent)

Great news. Added to OP.

If you want buy via CRX. Shoot me PM.

Staking is mining. (https://en.wikipedia.org/wiki/Proof-of-stake)
Staking (POS) is calculated at rate 50% per year. (50 K new coins are generated due to POS mining per day)
50% is for first year. (It will be lowered to 3.5% after 1 year period)  

You need 0.5% of total supply to quality. (350k is minimum)

You have to be loged in. Than click on buy bids. Choose pack of bids. After this choose payment method via Coinpayments.
And there you go.