Maybe I will make one on the weekend.

Attention delegates: forykw, yuhiesirs, Gabes.bit


You just got voted into the top 101! Make sure your node is online and you activated forging. If you are not interested into being a delegate anymore, please say so.



forykw

yuhiesirs

Gabes.bit

Here is some of my thoughts on current market situation. Consider this news: http://www.coindesk.com/bitcoin-processor-bitpay-reduces-staff-in-cost-cutting-effort/

I see the pattern here: cause mainstream consumer adoption of BTC just isn't happening, startups begain to switch to selling blockchain technology to businesses.

- Bitshares is moving to B2B sector, trying to sell blockchain tech via graphene toolkit
- Ethereum & Crypti aims to be something like "Windows"... a platfrom
- And the number of "blockchain" B2B players, like Factom.

Hard times come to majority of altcoins.

Crypti v0.3.1 - Intermediate Release

Hello Delegates,

Yesterday we encountered a small bug on the network which resulted in some delegates going offline. This announcement affects only delegates, regular users don't need to do anything.

The cause was a delegate vote, which caused an error through some unique voting conditions and concatenation of blockchain events. Which made it possible for the delegate voter to have 105 simultaneous delegate votes instead of 101. Even through the network was still intact the whole time, many delegates crashed.

Installation

- Download Crypti v0.3.1.
- Follow our installation instructions.
- Use our latest blockchain snap, to prevent a long blockchain sync.


You can find more details in our blog post

It's in the middle of the night right now. I will write down a longer answer tomorrow. For now I can say, there are several key differences between Ethereum and Crypti. And therefore also several key factors why Crypti should be chosen above Ethereum.

Hey, sorry for the late answer. You asked for the big differences, therefore I will only list the bigger items below. Correct me if I'm wrong.

I heavily suggest you watch the Crypti platform preview video and the preview video of our first dapp Encrypti. After you watched them you can understand much better, what I'm talking about below.


Ethereum is a smart contract platform, Crypti is a decentralized application platform.

Where is the difference? Well, Crypti offers an all-round package for hosting your decentralized applications, registering them on the blockchain and insertion into Crypti's own dapp store. One click on install and another click on launch, and your dapp already opens up in a new window. Ethereum only offers (as far as I know) a backend system, i.e. a system for the logic of decentralized applications. That means with Ethereum alone you can only combine several smart contracts to create the backend code of your decentralized application. After that you have to take care of the frontend, storage and so on for yourself.

Take a look at Augur or Gnosis, the frontend is hosted on a centralized server. While at Crypti it will be hosted at a maximum of 101 master nodes. Of course at Crypti you can also download it yourself (a click on install) and launch it locally.


Hundreds of sidechains versus one big mainchain

At Crypti you create a new sidechain for every dapp you create. This way the mainchain of Crypti will stay very small and will not get polluted/bloated with unnecessary or dead dapp data. On the other hand Ethereum saves everything on one chain, on the main chain. The future will show which model is better.

Yesterday the size of the Crypti blockchain (after 6 months) was 335MB, while Ethereums blockchain size was over 790MB 40 days after launch. I don't want to imagine what happens once there are 1000 smart contracts on Ethereum.

The same goes for the gas price in Ethereum, right now it's in a state where it doesn't need to grow. But once there are hundreds of contracts alive it will grow higher and higher beecause the computation power is saturated.


Crypti dapps are coded in JavaScript, while Ethereum relies on Serpent and Solidity.

I don't have any numbers to back my hypotheses, but there are probably 1M JavaScript developers world-wide. How many Serpent and Solidity programmers are there? A few hundreds maybe, Ethereum created these languages themselves. Crypti relies on a proven language instead to reinvent the wheel.


Crypti is running on DPoS, Ethereum on PoW

I'm no big fan of PoW and I'm sure there are many more like me. This is a personal preference. If you like DPoS/PoS more, go to Crypti. If you like PoW more (and want to ignore above points), go to Ethereum.



Last but not least, here is a comparison table I made in the past days. I will begin to distribute it in the coming days.

You are welcome, the best thing you can do is of course to do due diligence and take a moment for yourself to think about each others advantages.

I think PoW is only temporary for Etherum. Pretty sure they are working on something else but I don't have a link handy. It's prob on their blog though.

PoW coins is more expansive, cause each coin includes electricity bills. That's why they choise PoW - to make more money.

Crypti v0.3.2 - Intermediate Release II

Hello again Delegates,

Following yesterdays announcement of Crypti v0.3.1 we have today released another update. Several users reported an increase in memory usage of up to 1.5GB in RAM. This was causing nodes to run out of memory, crash and then eventually restart themselves, leading to a low uptime for your delegate.

Thankfully, our developers have quickly discovered the root cause of the problem by identifying two individual memory leaks affecting our client.

Download Crypti v0.3.2

More details on our blog




PS: Only interesting for delegates and full client users. If you are using the lite client you don't need to update.