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1501  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 05:01:40 PM
Oblox, is not fudding he was just giving his honest opinion. Fudding in this forums means making stuff up or trying to intentionally manipulate people.

I mostly agree, but...

The SpreadX11 came from a mistake in playing with the blocktemplate which is currently the sole selling point of this coin.

... this is as "made up" as it gets.
1502  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 04:49:46 PM
There is a fundamental difference here that can't be ignored.  In that pie chart from SPR that you show the different percentages represent large mining farms or individuals that can take advantage of the absence of pools and monopolize the network from a rewards perspective, these people are getting all the coins, some mining with optimized miners.

From a rewards perspective?
But a person who invests thousands of $ should absolutely get more reward. This is a good correlation. You seem to have a problem with that?
We here have nothing against rich people. We have nothing against large investors. In fact, we want to attract them.

If your farm is securing the blockchain it earns a percentage based on the blocks it finds.
How is this "taking advantage"?

1503  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 04:41:43 PM
You just hate competition...

I for one love both coins, and think they will be of benefit to each other.

Actually, I love competition and so far, SPR isn't a threat (it doesn't have the network, the hash power, the market cap, the team size (talent pool), the distribution, the volume, and the innovation that DRK already has). Should Mr. Spread create some sort of improvement, I know Evan will use it, but I'm still waiting.

What I do hate is not giving credit where credit is due and the naive nature of nearly everyone in here. I'm going back to lurking until more BS is spewed.

The MarketCap reflects current progress and development, i don't see how a small marketcap can be a bad thing...


Also Darkcoin has 3 times more coinsupply atm, so our marketcaps are like from different "timelines" if you will.
1504  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 04:28:35 PM
You just hate competition...

I for one love both coins, and think they will be of benefit to each other.

Actually, I love competition and so far, SPR isn't a threat (it doesn't have the network, the hash power, the market cap, the team size (talent pool), the distribution, the volume, and the innovation that DRK already has). Should Mr. Spread create some sort of improvement, I know Evan will use it, but I'm still waiting.

What I do hate is not giving credit where credit is due and the naive nature of nearly everyone in here. I'm going back to lurking until more BS is spewed.

Well this sounds like you only love competition when there is no threat coming from it?
But that's not "loving competition", that's just hoping that all competition stays behind and will never catch up.
Well, competition is here, it is hungry and it wants to do things differently.  Grin

Also, with competition I don't mean using each others code, that's what I call sharing and open sourcing. (everybody wins)
Competition arises when suddenly participants realize that they can't relax much longer, but should rather "step it up a notch".

1505  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 04:19:00 PM
You just hate competition...

I for one love both coins, and think they will be of benefit to each other.

Actually, I love competition and so far, SPR isn't a threat (it doesn't have the network, the hash power, the market cap, the team size (talent pool), the distribution, the volume, and the innovation that DRK already has). Should Mr. Spread create some sort of improvement, I know Evan will use it, but I'm still waiting.

What I do hate is not giving credit where credit is due and the naive nature of nearly everyone in here. I'm going back to lurking until more BS is spewed.

All SourceCode that was written by Evan Duffield is still marked as such. What other attribution (or shall I say glorification) do you need?
And I say "you", I am not adressing anyone else of the darkcoin community (which has a lot of awesome guys and gals)
1506  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 04:00:17 PM
Again, you don't even have masternodes setup as a network to provide tx locking. Are you really going to want tx locking on say 50 masternodes? 100? How many is enough to actually provide viable consensus? People keep talking like IX is right around the corner here, maybe it is, but I question sensibility without any pre-existing infrastructure to support its design. Lots of dreamers here, that's for sure.

Why dreamers?

Darkcoin made a powerful masternode network happen in just one year, and this with the quite hefty price tag of 1000 DRK per MN.

SPR masternodes will be more flexible, both in price and in installation requirements.

Plus, the darkcoin people will probably be most interested in running a DRK and SPR masternode side by side... why shouldn't they, if they already have the infrastructure in place?
Sounds like a nice additional profit without any large expenses.


So far, this is nothing more than a glorified clone. The no-pool thing is gimmicky without standing the test of time (test of time? Like the 12 months of darkcoin? Cryptos are a very young technology!) in terms of whether or not this really will prevent creative pools from mining. Besides, isn't there a miner (or group of miners) that control in excess of 20% of the existing network hash. How is that decentralized? Further, the current distribution coupled with lack of volume only indicates that when the masternodes do come into play, it's going to remain incredibly centralized with only a handful of parties involved.(who's that darkcoin guy again who owns 100 Masternodes?)  
When you have people owning in excess of 7% of the outstanding coins, you have problems (baseless assumption). Evan has already done the heavy lifting here (what about satoshi? who we still owe atleast 95% of all our code?), IX code is out on github and has been since November (iirc). People seem to make it seem like Mr. Spread is superior to Evan in terms of ability when there hasn't been anything truly innovative here. The SpreadX11 came from a mistake in playing with the blocktemplate which is currently the sole selling point of this coin (do you just make that up?). Did he find a potential vulnerability in DRK, sure, but if you have enough eyes looking at various areas of the codebase, (yes, but remember that eduffield went closed source for the first 6 or 7 months, that's why you see bugs found only NOW and not already months ago) you're bound to find bugs and the likes on new code that isn't even a year old. When Mr. Spread actually does something innovative besides taking code that Evan and team has already designed, then I will be interested. (darkcoin's masternode model is NOT suitable for spreadcoin, that's why we need to adjust it accordingly) Until then, its a glorified clone with a gimmicky idea that hasn't stood the test of time in terms of viability. (Then come back in a year or so, why blame a coin for "not standing the test of time" when it is just 6 months old. lol.)

Now bring on the haterade. (look who's talking)

You just hate competition...

I for one love both coins, and think they will be of benefit to each other.
1507  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 03:35:13 PM
Again, you don't even have masternodes setup as a network to provide tx locking. Are you really going to want tx locking on say 50 masternodes? 100? How many is enough to actually provide viable consensus? People keep talking like IX is right around the corner here, maybe it is, but I question sensibility without any pre-existing infrastructure to support its design. Lots of dreamers here, that's for sure.

Why dreamers?

Darkcoin made a powerful masternode network happen in just one year, and this with the quite hefty price tag of 1000 DRK per MN.

SPR masternodes will be more flexible, both in price and in installation requirements.

Plus, the darkcoin people will probably be most interested in running a DRK and SPR masternode side by side... why shouldn't they, if they already have the infrastructure in place?
Sounds like a nice additional profit without any large expenses.
1508  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 12:43:56 PM
I did the same...I explained the coin and linked to relevant posts.  Might tweet Big Vern too for the neck of it...



Nice, please do tweet him!

Cryptsy informed me that they submitted my coin request to the development team (I guess they tell that to everybody, but let's see what happens).
1509  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 12:40:36 PM
some suggestions for price stabilization

We don't need to look after price stabilization. Only centralized schemes need to take action to "stabilize a price". We are not Ben Bernanke nor Janet Yellen.
Stabilization will follow naturally if we keep growin organically.

2. Cut the supply.  presently around 9000cns/day. At 41k sathoshi- daily 3.69 btc  to be pumped into market to get price stable, currently with few people aware of spr, it is not possible for a long time. so cutting coin supply to around 3000 would be better considering supply of btc/day.

Cutting the supply (if successful) benefits early investors but it punishes new ones, this is only short term thinking to pump and dump a coin.
Not gonna happen. The coin supply follows a well defined deflationary formula. We are not going to adjust that (with a fork!!!) just to "please" early investors.
This coin is not here to "please" investors.
If this coin continues to be succesfull this should be enough profit for any investor (not just the early ones).

3.Pump spr to around 2-5 usd and (at this stage it can easily done with few btcs ) and getting into more exchanges like cryptsy, bter etc, do some promotions to get more daily investors to keep price stable at 2 usd, with in turn attracts more miners and step one can be achieved.
Promoting this coin is essential. But nobody needs to be told that, everybody knows that's the next step.
If you want to help this coin, buy it yourself, don't tell other people to pump.  Cheesy

idea of no-pools is a good one, which may be a greater factor for long term adoption, but altcoin market changes every day, new technology arrives each time, so we need to compete with them, so price is a major factor for to compete with, rather than die prematurely.[consider darkcoin-They are innovative at the same time with decent price]
InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.
Edit: i think step 2 to be seriously considered because it takes around four years to reach 4725 coins/day

This coin is not merely about no-pools, it is about true decentralization in general. Everything this coin does will increase decentralization and decrease centralization.
That's why we are reinventing masternodes to serve decentralization/competition, we don't just clone darkcoin.

Your step 2 is wrong on many levels, since new miners want to earn more coins per block, not less!
1510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 25, 2015, 12:26:19 PM
Hey all I sent another request to Cryptsy today.  My third actually.  
If we bombard them with requests they should add us!  This community is growing and we should be taken seriously. No?



Good idea!

I just did the same. I told them about our growing community, that we have our own forum, and that we have a steady volume of 1000-2000 $ at bittrex.

Let's keep motivating them, they will add us sooner or later.

1511  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 06:10:35 PM
The OP says SPR uses the compact block,doesn't that mean it use smaller block size ?

Looks like this coin has a 200kb limit.

Quote from: main.h spreadcoin
* The maximum allowed size for a serialized block, in bytes (network rule) */
static const unsigned int MAX_BLOCK_SIZE = 200000;                      // 200KB block hard limit
/** Obsolete: maximum size for mined blocks */
static const unsigned int MAX_BLOCK_SIZE_GEN = MAX_BLOCK_SIZE/4;         // 50KB  block soft limit
/** Default for -blockmaxsize, maximum size for mined blocks **/
static const unsigned int DEFAULT_BLOCK_MAX_SIZE = MAX_BLOCK_SIZE;

BTW, what's with the rick roll? https://darkcointalk.org

Apparently whoever runs darkcointalk.org fears Spreadcoin enough to Rickroll all our links to the site.  

It's understandable, really.  I'd be worried too if I didn't own both.

That's funny.   Grin

It looks like BCT is still trolling every outgoing https:// site

But for example http://spreadcointalk.org will not get you trolled.

Go ahead, try it.  Grin

EDIT: Now that BCT is back up again, the rickrolling seems to have disappeared, lol
1512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 05:42:24 PM
This is abosolutely a opportunity created by market error.
False info and false logic lead to market error.

or someone is weighing in the situation and maybe thinks it's better to move all his coins into BTC?
Eitherway your argument remains valid: good oportunity for us.

I don't see much of an opportunity for anyone to get in, there's just no big sell orders.

1.5BTC to 0.00065 lol.

You are right, and 12 BTC up to 0.00072, so another 10 BTC just for a few satoshis more.
The sellers wanna tell us something.
1513  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 05:28:06 PM
This is abosolutely a opportunity created by market error.
False info and false logic lead to market error.

or someone is weighing in the situation and maybe thinks it's better to move all his coins into BTC?
Eitherway your argument remains valid: good oportunity for us.
1514  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 05:14:46 PM
Seize the opportunity when the market makes a mistake~ Wink

ok that's it, buying some more. Thanks dumpster!
1515  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 05:11:13 PM
Hehe - I just bought 118 SPR before breakfast with the previous days profits.  So i will do it again tomorrow.  Please keep the price low!  Grin

Well played.  Cool
1516  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 05:08:24 PM
I still want to set up a solar power system, its very good your setup configuration.  Smiley

Thanks.  I say go for it. Even with just <100 $ you can start.
You don't need a heavy 100 Ah Battery like me. Use a much smaller one and learn how it works.

Also, with 12 Volts DC there is not really any danger of you getting hurt.That's what I like most about compact solar energy.
(but be careful with AC and higher voltages, also those large batteries are not toys).


Where I live I have plenty of sunshine to enjoy the benefits of solar energy, but the implementation of a solar system is not feasible for most, due to high costs.  Sad

Get the government to pay... Everyone else seems too.

No government has any money, they can only steal it from other people (taxes)...  Grin

So....
1517  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 05:02:04 PM
Nah, it's still to expensive for me to buy more.  Grin But i'm too cautious, that's it. Before actual MN implementation we have a chanсe to see even bigger dumps.
The essense of finance is the price of uncertainty.
If everything is certain,its price is certain.


Spreading the wisdom I see!
1518  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 04:59:10 PM
From the very beginning i only collect SPR. So far for 16days of mining 2100 SPR which is roughly around 1.3BTC which is quite good. I can host 2 MN Smiley

Maybe more. I don't think that the requirement for a MN will be 1000 SPR. It will be lower from what I hear.
1519  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 04:56:26 PM
All your bearish talking can't manipulate the strong charactered spreasters.
This doesn't work with us.  Grin
1520  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 24, 2015, 04:44:53 PM
crazy dumping time~

Not really, I think we are holding quite steady.  Cool

Someone is pushing the price down but no worries it will bounce back up!

Yep, he has only so many SPR to dump, this will be over soon. :-)
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