Crown (CRW) is a digital commodity and application platform used to drive technological and financial innovation. Inspired by the official universal symbol, the platform attempts to develop on the durability and proven building of existing institutions while adding new features that can only be achieved through new discoveries and developments in the cryptocurrency community. 

The Crown project aims to be a global payment, messaging and application platform that enables developers to build complex new economy applications and provide an effective low transaction cost platform to store value, register ownership and manage contractual relationships.

Project introduction

The Crown project integrates trade, communication and computing, focusing on creating an online platform with convenient access and easy operation. Therefore, we will not exaggerate the hype, but focus more on the actual experience of the platform and network terminal use cases. This project will provide developers, business people, consumers and Tron system operators with a clean user experience and certain economic incentives, which may be for lower usage costs or for commercial niche benefits. We firmly believe that Crown's comprehensive usage platform for "blockchain" technology packages (including hash algorithms, cloud computing, point-to-point networks, secure key exchange, distributed consensus protocols, computing algorithms, open source code, Git version control systems, etc.) will become a feasible industry infrastructure in the future and is very likely to replace existing models.

Project Features

Crown's primary goal is to build a community of professional users who maintain a free, legal, open and decentralized sandbox economy. This autonomous community uses the Crown platform as its base of operations to decide which users to provide ideas and initiatives through the democratic voting system. Everyone who has a stake in the network through node ownership and maintenance has a say in how it operates and develops. The Crown platform itself will enable community members to legally and transparently trade goods, host applications, store value and manage contractual relationships through the power of blockchain.

CRW token is a cryptocurrency. Like Bitcoin, CRW can be used to pay for a wide variety of products and services. CRW can also be traded with other tokens through online exchanges.

The Crown platform uses a secure server (incentive node) to provide scalability and fault tolerance for new economic applications. Members of the Crown community can build their own motivational nodes to help maintain the network while earning CRW.

Crown is built on two guiding principles that can affect all aspects of the platform’s operation: integrity and transparency. Our goal is to use a vision - a free and open decentralized sandbox economy supported by blockchain technology to gather special users online and build a community. The Crown community is different from any other group in the crypto world. Our focus is to create a sustainable application platform for developers, merchants and communities. Join us and you will benefit from the many advantages brought by blockchain technology. But more importantly, you have the opportunity to lead social and technological change and improve our lifestyle.

Support innovation
Each Crown block has a small portion to be added to the Crown proposal system. This is a CRW pool that community members can use to fund new businesses, applications or projects and promote the development of the platform. Submit a proposal and convince enough community members to grant it, and your project will get all the funds and support you need to succeed.

Safe and reliable
The Crown blockchain is both a payment service and a secure storage space for sensitive and immutable information. You can take advantage of this feature to maximize the security of private data and keep critical internal assets secure and accessible.

Financial Benefits
Crown uses incentive nodes to validate CRW transactions and custodial applications. By setting up and operating a server like this, you will receive a portion of the block as a reward for helping maintain the network.

Compliance with the law
The Crown platform regards compliance with laws and regulations as a top priority. This platform is the infrastructure for executing legal contracts on the Internet, but in this network, it is not only possible to execute such transactions.

Transparency
The Crown platform uses democratically elected agents to provide identity verification for its services. Crown also has an open blockchain (no anonymous sending capability), so the network ensures that funds are not abused by any organization or individual. No government, NGOs and businesses can conceal where they are sending their funds. Crown also has an open blockchain (no anonymous sending capability), so the network ensures that funds are not abused by any organization or individual. No government, NGOs and businesses can conceal where they are sending their funds.

Decentralization
Crown's self-discipline economy enables communities with rights to the network to vote on future network changes, projects and community practices. Every member running Systemnode or Masternode has a say in every major decision on the platform.

Self-raised funds
Crown's proposal system enables the network to fund applications, businesses and projects, thereby gaining user support and promoting innovation and progress through community collaboration.

Application Scenarios

Crown is both a digital token and an application platform. Crown tokens can be obtained using traditional proof-of-work mining methods, setting incentive nodes, or trading using fiat currency or other cryptocurrencies such as Bitcoin. Developers can use the Crown platform to create and host new economic applications.

Mining
Crown can be mined through traditional proof of work and can be mined with Bitcoin. By mining Crown, you can help the network confirm transactions and help maintain the Crown blockchain by solving complex mathematical puzzles. For every block transaction your machine processes, it will earn you a portion of CRW.

Trade
You can exchange online and trade Bitcoin and other tokens with Crown tokens. We recommend using decentralized exchanges—such as CRYPTO-BRIDGE, without going through middlemen, to trade tokens safely.

Create an application
Engaging individuals and businesses can use the Crown platform to build and operate new economic applications. These applications run on highly secure servers with scalability and fault tolerance.

Crown Node
A node is a dedicated server connected to a blockchain network. These nodes can host applications, verify cryptocurrency transactions, and allow the blockchain to act as an instant payment service, thus benefiting the parent network. Application platforms like Crown use thousands of nodes to verify blockchain records, and it is almost impossible to manipulate or "teach" these platforms. Nodes perform many important functions of the network to a large extent, but their most important role is to achieve unparalleled security.

Technical Overview

Crown uses two major categories of nodes to build and protect its networks—Systemnode and Masternode. Each of these dedicated servers is unique and provides important infrastructure. The following is a brief description of each type of node:

Managed Application Services
Crown nodes are the home of various application services created by users. Community members can use these servers to host any legitimate economic application.

Instant Transaction
The Crown node can execute an exceptionally fast transaction form "InstantX". With this feature, Crown users can send or receive CRWs immediately when they are trading with others.

Transaction Verification
The Crown node works together, indicating that all CRW transactions are verified. This collaborative approach ensures that the network is always safe even if a node operator tries to manipulate the network.

Masternode
Crown Masternod is a dedicated server that provides continuous security services and additional functions to the network. These nodes provide the Crown platform with a large amount of computing power and store copies of the ledger ready to be distributed to the network if needed. Masternode can be regarded as the stable force behind Crown. They track the ledger and confirm that transactions are being conducted at lightning speed through InstantX, which shows that we keep the network safe and smooth. A Masternode requires 10,000 CRW collateral to run.

One of the main reasons for running Masternode is that for every one you run Masternode, you get a voting right in the Decentralized Management Proposal System (DGPS). Additionally, as a Masternode runner, you can get 45% of each Crown block reward. By getting these returns, you can quickly accumulate Crown tokens for trading or purchasing real-life goods and services. Any PC with 512MB RAM, 20GB hard drive (recommended VPS), and uninterrupted internet connection can host Masternode.

Related links:

https://crown.tech/
https://bitcointalk.org/index.php?topic=2943189.0
http://m.elecfans.com/article/856965.html