Ofcourse we agree.

Earlier you said something about too many MNs creating too much bloat in the network.
At which point does this become a problem?
Does this also depend on "how active" those MNs are?

Hey, you already reduced the transaction size by creating COMPACT TRANSACTIONS (I read your whitepaper).... you will probably not stop there, right?  

Very good point! I haven't even thought about that yet.
And you say an average server usually has enough capacity to run two instances side by side? (Assuming both darkcoin and spreadcoin reach similar traffic)

I think yes!

Shouldn't they relate atleast in some way?

For example, if we know that we will never have more than 20 Million coins, and we also assume that say no more than 50% will ever be locked in Masternodes... shouldn't those resulting 10 Million coins locked in masternodes serve as a guideline of how many MN we should maximum allow?

10 Million coins / 1000 MN = 10k SPR per MN (to reach a state of untouchability)

10 Million coins / 10k MN = 1000 SPR per MN (to reach a state of untouchability).

When I say untouchability I mean the amount of SPR your MN has to have so that NO OTHER MN can possibly take its seat away.

I am not sure if you read the last dozen posts I spouted out earlier, lol. I explain everything there.

When deciding the max amount of MN we need to take into consideration the max amount of coins that will ever be mined: 20 million coins, because that's where we will naturally get the UPPER LIMIT for the max deposit per MN from. We don't have to set the max amount per deposit, much like we don't have to set a min amount per deposit. If we have 20 million coins, and 1000 MNs, this means the max will be 20k SPR.

Mr.Spread how accurate is the final coinsupply? Will it be "about" 20 million, maybe even 21?

1.Good point, at some point they start eating each others lunch...

Greedy bastards.

Just kidding.

2. Totally true, they shoot themselves in the foot with this.

Haha, I'll take that as a compliment. Yep I enjoy this colorfull language!

I understand your viewpoint.
What I think the speciality about all this is that if you want your MN to be secured you will need to pay so much money for it, that you can't possibly (NOT WITH ALL THE SPR THAT EXISTS) fill all the available MN seats.
As a millionaire you can create a lot of MNs alright. And drive the price up, sure.
But securing all those MNs by moving them to the RIGHT SIDE of the SPREAD? (where they enter a state of untouchability.)

Impossible.

So you will have to endure the newcomers who will constantly try (and succeed) to take your seats away!

Not really, you first need a newcomer who tries to take the weakling out. With a little luck the weakling can survive long enough to make a small profit!

It's important to understand that there is a SPREAD.

It's not like everybody is bidding for the same auction and the highest bidder wins.
It's more like the strongest MN and the weakest MN decide what the SPREAD will be like (where all the rest of the MN will be located in ascending order, depending on the amount of SPR they have invested.)

The (not necessarily) constantly rising barrier is for one seat only! (it might go down, if e.g. someone cashes out his MN)
Also, you need to understand that there is not ONE barrier that changes, it is a SPREAD! (This is too beautiful to be true, man)

It's up to you to decide if you want to pay ALOT of SPR to completely secure your MN,
or pay a little less SPR and be in the middle range of the SPREAD.
You decide your degree of security (against losing your seat)

We need to consider the fact, that ONLY the weakest link will have a hard time.
The farther away from the weakest link you are in your ranking, the more you can start feeling like a DARKCOIN masternode owner, and chill.
But it's gonna cost ya!  


With deep pockets you can decide to play the game in one of two extremes (and everything in between):

1) Secure all your MNs with high amounts of SPR to make them virtually untouchable. You will make profit, but not as much as potentially possible. But you will be safe, making safe profit all day.
2) You have a lot of weakly backed MNs that create much profit, but are in such a low rank, that a more motivated MN owner might grab your "market share" away if you are not careful.

It will be like a spread.
To the right the secured expensive MNs.
To the left the constant dying and rebirthing of new MNs.
In the middle we have the MNs who are either on the way to become more secured, or more moving towards the meatgrinder because of GREED! It's their decision.

But nothing is more restrictive than a fixed barrier to entry, don't you agree?
Nothing fuels the competition more than having the amount of AVAILABLE SEATS restricted.

Let me make an analogy:
Imagine a small village with two bakeries. Obviously the amount of breads that will be consumed by this village is limited.
Those two bakeries are already in competition, but they are lazy. Now if a new bakery enters the village and does a better job than the others, then this bakery will steal a big chunk of the market share of the competition.
And he deserves it. And atleast one of the other bakeries will have to close down, or what is this, charity? Do the taxpayers need to keep the lazy bakery alive or what?
But why does darkcoin think it's a good idea to open 1000s (unlimited amounts) of bakeries in this village? That does NOTHING for competition.
It's like letting everyone open a bakery (without reservation) and have the taxpayer pay for them, it's ridiculous!
Yes, everyone is allowed to start as a bakery, but the market will quickly and fiercely tell you if a) you are doing a good job, and b) if you are even NEEDED.

Again, we don't know yet what the best MAX AMOUNT of masternodes for Spreadcoin is going to be. (for this we will also need to know all the services that Spreadcoin is going to offer in the future)
But the premise of having masternodes fight it out among themselves regarding how much they are willing to pay for a seat is BRILLIANT.  

It always boggled my mind that with darkcoin you just make an initial investment, and can then see how your money grows. What is this wallstreet?

There is a famous saying:

If you are camping and a bear attacks the camp, you don't have to be faster than the bear, you just have to be faster than the slowest camper.

The slowest camper is the weakest MN.
The bear is the newcomer.
All the other campers stay in the game, to see another day of profits.

Let that sink in for a second, because that's the basic principle why it will always be easy to secure your MN if you aren't greedy and have foresight.
And it will always be possible for newcomers to enter the market, because there will always be a slow greedy camper who ate too many sausages. ;-)
In this case it's in our favour that we are a greedy species, lol!

I am not sure, man... lol I feel a little bit weird, not sure if crazy or just maniacally euphoric. 

Now let's assume I am an angry whale who doesn't like all the newcomers who enter the game and kick my servers down to a lower rank, and possibly out of the game.

The only thing such a whale can do, is invest more SPR in his servers, but to do so, he will have to sacrifice a few of his seats!  

Suppose I have 1 Million SPR, and 1000 MN with 1000 SPR again. Very easy for newcomers to grab a seat, obviously.

Now, the moment I start securing my MNs by moving their SPR deposit up to say 10k, I will have to take those SPRs from somewhere, and since all my money is tied in my MNs, I will have to sacrifice some WEAK MNs, to create a few VERY STRONG MNs...

Maybe do a little bit of both... keep a few strong MNs nobody can touch... and play around with a few weak ones which constantly strive to stay alive but create a lot of profit if they succeed.

What DMs will basically do all the time is trying to STAY ALIVE, while having the best party of their life:

https://www.youtube.com/watch?v=I_izvAbhExY

And now let's make a more difficult example:

An early adopter whale is a little wiser and has 1 Million SPR in his control. (which already the distribution shows is impossible, but let's just continue.)

So what he does is, he creates 1000 MNs with 1000 SPR each. He's a darkcoiner gone Spreadcoin obviously.

Now if I am a newcomer, what can I do to enter the game?

Well, obviously I just have to invest 1001 or more SPR to take over one of the whales seats.

All other newcomers can do the same: they just have to invest just 1 SPR more than ANY SEAT they desire to overtake, and they can reduce any lower ranks by one!
Always kicking the last one out of the game, and reducing everyone below them 1 rank.

----

Probably the best way how you can setup your mutiple nodes will be to SPREAD them over multiple ranks.

Have one of them be very expensive, e.g. 5000 SPR, the next one 4500 SPR, then 4000 SPR, 3500 SPR, etc...
But still, all this will just help you to have a little bit more security against losing your seat, while maximizing your profit.
But you will NEVER be able to restrict newcomers from entering the market, and this is brilliant.

Let's just look at it more closely.

So I am an early adopter and also have many servers in my control (which costs a lot of money).

I think I am a wise guy and start 1000 MN since they only cost me 1 SPR each. (lets forget for a moment that you will probably pay 30-50k $ a month for all those servers, not including the manpower to manage them)

What happens in the next minute:

A guy who is a little wiser than me, (but still pretty stupid) starts grabbing MN seats away by investing 2 SPR each.

But already we see wiser guys who invest 500 or 1000 SPR per MN because they have something called "foresight". They know that when they invest too little they will have to do everything again in short time.

Slowly new people enter the game and the price increases.

I don't doubt that for the first few days and weeks everybody will want to setup a MN basically for free, because you just have to rent a server. There are enough MN seats free for thousands of servers.

But watch what happens after ALL SEATS ARE OCCUPIED! 

This whole mechanism will work EXACTLY like you would expect it from mining: the first miners have it VERY EASY, they mine tons of blocks, until more and more people join the coin and start mining too... that's when the competition kicks in.

Let's make Masternodes play the game like everybody else has to.
Enough with those privileges and exceptionalism.

Currently and for the next few days I am working on darkcoin related cartoons for the upcoming 1 year anniversary of darkcoin.
When this is finished, I will concentrate more on spreadcoin cartoons for a while. ;-)

Brilliant. I thought about SPR spermmen and have a few related memes in preparation. I promise you will laugh your ass off.
I will use those spermmen (half a SPR logo, 1 logo = 2 sperm men) to show how they spread around, how they solo mine (and show how "perverted" it is when bitcoin pool mines), how they become masternodes, etc...
This is going to be so much fun.

Buy just 1 GPU and let it mine when your PC is on. Have 1000s of people do that.

Have Mr.Spread's Brain find solutions to reduce CPU/GPU hashrate SPREAD.

Exactly, it's so easy to spot a bad idea:

Does it allow for competition? Good idea.
Does it restrict competition? Bad idea.

Does it create decentralization? Good idea.
Does it create incentives for centralization? Bad idea.

We need market forces, not people who decide for us. Let market forces decide what is best for all of us. That's the spirit of the free market. Anarchistic but beneficial for everybody EXCEPT the central scrutinizers who want to rule over everybody else.  

We will soon be testing this, and if - as I predict - a MN requirement starts at 1 SPR, we don't even need to make the extensive tests on the testnet alone (where only a few people participate).
We can direcly go live (after preliminary tests on the testnet) because what is there to lose if you can run a MN with such a ridiculously low amount of 1 SPR?
It's not like we will have 1000 Masternodes setup in 1 week.... or ARE WE? Since they are so cheap? Holy Spreadonia!

The people themselves will decide how secure they think the development version now is, and how much SPR they want to have exposed.

Another thing that SPR could do completely different than DRK.

I could be wrong though, it makes sense to first test everything in a testnet, but that's the thing: you never get a real life situation out of a testnet, so it never is 100% reliable for debugging... darkcoin has shown this many many times)

But SPR is NOT pool minable, and will do everything to stay this way.