I just added 20btc worth of DRK to my position. This is the first Darkcoin purchase I have made in a LONG time. I am still very bothered by the centralized reference node Darkcoin employs and hope that removing it becomes a priority. In my opinion, Darkcoin is vulnerable in its dominant position as the king of anonymity until that happens. All it will take is one top tier dev who sees the chink in Darkcoin's armor and doesn't fucking disappear  Once the reference node issue is finally resolved, I suspect we'll be seeing ATH's for Darkcoin. |
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I'm now acting like a misbehaving dev, I already announced that there will be a relaunch and now I will probably change my opinion. Somebody may have stopped mining because of my announcement. Well, lets see how this donating will go.
I made an address for everyone who expressed intention to donate:
A-tM: Sfakp1H9msXAohGmnb2T7NWrtcBdwSxbid
girino: Sfj7CRRDetVRwztPMiKmC1bpjTaWKE7og3
zeca pagodinho: SQywGv9woKnvKRtrmbAQFzcZoQEx15vXQq
BITDV: SivziBM1qtAPMGn2FmAfzkuSqmFfut9zcf
Frigga77: SUyJUjU9dtJnWFg6BeLonGQRaQfBSG979C
I hope that I didn't miss anyone, anyway there is an address for everyone else:
SS2aRn8FLn7BR62Decbi3UQzRE8asPpSe7
EDIT: Note that resulting transaction may be large because you have many small inputs, so it may take some time to create this transaction, your wallet may appear to be not responding during that time.
These seemed to be on the move in the week before his last activity. Correct. I noticed this and wanted to make sure they weren't sent to an exchange. They weren't. |
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I've been pondering what the heck could have spooked Mr. Spread into leaving. I don't for a second believe this is a scam. And the statistical probability of him having something happen to him in real life at such a pivotal moment is almost zero. So why would he leave all of a sudden? We do know that he resides somewhere that crypto is not legal which would keep any of us on our toes.
Mr. Spread, if you're reading this, I'm the one who sent those coins to your donation addresses. I noticed you moved them and wanted to see if they were moved to an exchange. The best way to do that was to send some coins to the addresses and see if the beta.bittrex addresses increased by 100 or not (they didn't).
If that spooked you, sorry! Nothing to worry about. Please come back.
Just an FYI for those who still believe Mr. Spread is Russian... https://bitcointalk.org/index.php?topic=715435.msg9154197#msg9154197(Not sure why someone in Russia would have a 'Russian translation bounty'.) Interesting. Good find. |
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Thanks, I do appreciate your response and hope others don't share your views. While there are always childish remarks that happen in every crypto community. A lot of the more active members of SPR were also and continue to be active members of DRK. thelonecrouton is a member of the DRK testing team, MyFarm is a large Darkcoin investor, georgem has done most of Darkcoin's animated gifs and worked really hard on the Darkcoin Bitcoin Rush episode. So the Darkcoin community put a lot of effort into this thinking that development around the masternode concept was only good for DRK. With regards to other Darkcoin community members posting here about their concerns, I believe it would be unfair to call that FUD, given the current situation has confirmed those same concerns about anonymous developers and such. So if anything those were clearly justified warnings. So contrary to your thinking Darkcoin gave this project a lot of friendly collaboration and healthy opposition. I hope others see this and help DRK going forward, their investment would be safe and they would get a fair chance at building something useful and longlasting. Cheers. Welcome if you decide to join the DRK community.
Thanks but no thanks... I was interested and thinking about it until I saw the destruction some of you guys caused here... pretty ugly and totally unnecessary... if crypto is about community building and creating new pathways, the DRK FUD shared on this forum have proven me wrong... I have respect for what was achieved by the DRK developers, but that doesn't mean much if a community of destruction is built around it... you carry your name all too well... stay dark, it suits you... I do believe in Darkcoin still and think people would be smart to join the community. But: 1. That Evan isn't currently putting masternode decentralization first is concerning to me. I won't buy another Darkcoin until the reference node issue is solved but I've certainly killed a couple rallies selling into them. As far as we know, Spreadcoin solved the issue. I strongly suggest Darkcoin devs swallow some pride and look really hard at the Spreadcoin code. 2. You have a couple highly caustic individuals on your ambassador team. You need to take a BIG STEP BACK and ponder just what you're trying to do with your ambassador team and be much more selective with who you allow into it. 3. At the moment, Darkcoin is still very vulnerable. The cognitive dissonance coming out of Darkcoin makes me concerned. As an investor, it's not what I want to see. |
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I've been pondering what the heck could have spooked Mr. Spread into leaving. I don't for a second believe this is a scam. And the statistical probability of him having something happen to him in real life at such a pivotal moment is almost zero. So why would he leave all of a sudden? We do know that he resides somewhere that crypto is not legal which would keep any of us on our toes.
Mr. Spread, if you're reading this, I'm the one who sent those coins to your donation addresses. I noticed you moved them and wanted to see if they were moved to an exchange. The best way to do that was to send some coins to the addresses and see if the beta.bittrex addresses increased by 100 or not (they didn't).
If that spooked you, sorry! Nothing to worry about. Please come back.
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I just sold half my SPR because Mr. Spread hasn't logged in for awhile. Has me nervous.  Just curious what amount of inactive time would have to pass before you all start getting nervous? Personally, I've been screwed over in crypto by many devs and members who have disappeared with my DRK (DyslexicZombei) or have left me holding the bag, so I have very little tolerance for this shit, especially since it's simple to just post a "I'll be gone for a couple days" message. Intuition tells me Mr. Spread will return soon but the fact that he claims to be in a country that doesn't look favorably upon crypto, along with the really bad timing of his going incommunicado (during mn testing) makes me a little nervous. Am I going to go and panic-sell at these cheap prices though?! Hell no! Perhaps if this continues on for another week though, maybe. I'm not thrilled about the lack of activity but am not concerned as of yet. There's a million possible reasons that would all be forgivable. And he hasn't sold any of his donated coins that I can see, just moved them. So what DavidR says there doesn't bother me either. |
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I hope someone can answer my questions for me.
So spreadcoin will only allow 1440 MN to exist at anyone time correct?
The amount to run a MN is decided by the top 1440 addresses acting as Masternodes in regard to account balance?
So if I am MN #1400 with a balance if 600 SPR, someone can setup a MN with a balance of 601 SPR, bump me down to 1439 and I lose the ability to act as a MN?
Correct. 1440 max (at least on testnet. Mr. Spread MAY change this for mainnet but has not hinted that he will). They are determined by balance. Yes, you can kick someone else off by putting more SPR in them. This is what we're currently testing on testnet. It would be nice if Mr.Spread would just be firm on making it only 1440 MN. This information is crucial to the amount I am willing to invest in spreadcoin. Yeah, I've been trying to hammer it down as well. He's pretty tight lipped about everything. |
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I hope someone can answer my questions for me.
So spreadcoin will only allow 1440 MN to exist at anyone time correct?
The amount to run a MN is decided by the top 1440 addresses acting as Masternodes in regard to account balance?
So if I am MN #1400 with a balance if 600 SPR, someone can setup a MN with a balance of 601 SPR, bump me down to 1439 and I lose the ability to act as a MN?
Correct. 1440 max (at least on testnet. Mr. Spread MAY change this for mainnet but has not hinted that he will). They are determined by balance. Yes, you can kick someone else off by putting more SPR in them. This is what we're currently testing on testnet. |
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Obviously it's not the optimal situation to be in, but if you don't trust the dev to handle the reference node responsibly, then you don't trust the dev to keep on developing and can just dump it instantly. Same with checkpoints.
It's not about trusting Evan. It's about not trusting the entities that could wield power over him if so desired. At present, Darkcoin is like Napster with its centralized servers. The government got pissed at Napster and it was done. Digital cash, as disruptive as it is going to be, needs to be unable to be shutdown by anyone. |
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A temporary "reference node" isn't anymore centralized than a dev who releases a wallet that everyone downloads and starts to use. Only after a coin is at the stage where it doesn't depend on one developer it begins to be decentralized.
The problem with the, "Temporary" reference node is it has been in place for how many months now? And it'll be in place for at least how many more months while Evan rewrites the masternode code? At this point, it has been upgraded to, "Semi-permanent". As I've said, I do believe that it will be removed successfully at some point but until then, I am not a buyer and I had to be a seller because the fundamentals changed. I agree with you about the multiple developers. In my opinion, that is one of the biggest risks for Spreadcoin. But with that said, I'm unconvinced any of the current Darkcoin developers could replace Evan in his role. They're all great developers and people like Vertoe and UdjinM6 have been stellar, but I'm unsure they could do what Evan is doing. Hopefully we never find out. |
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As a large investor in Darkcoin who watches it very closely, I can tell you the primary problem.
The network is not stable without centralized reference nodes. It's that simple. Yes, there are other issues that need rectified, but that is the primary one.
We've been waiting for months and months for Evan to fix it and as of yet, he has not. I haven't bought a Darkcoin in a long time because of this but have certainly sold some. InstantX is awesome, but without a stable, decentralized network, it's useless.
When Evan finally gets it fixed, THAT is when the price of Darkcoin will finally go up and stay up.
What is interesting however, is the fact that Mr. Spread and Spreadcoin may beat him to it.
And I honestly believe that he will. Evan has done a great job, but his methods are clunky and verge on being outdated. He will. The question is, will it be too late. From a financial perspective it really doesn't matter to me either way because I am heavily invested in both coins. But it's sure going to be fun to watch and I'd love to see Spreadcoin do well. I don't think that'll even affect the price when the reference nodes are removed. People simply don't care about that. What you need to separate is the people who are emotionally invested in Darkcoin from those who invest objectively. It's hard, because the emotional investors are invariably the most vocal and we're all prone to selection bias (hearing what we want to hear). In the eyes of emotional investors, Evan and Darkcoin can do no wrong. They will cheer when Darkcoin does well and support/defend it when it does not. They will ride Darkcoin to the highs and they'll often hold the majority of their coins no matter how low it goes. They will engage in cognitive dissonance like no other and often go, "All in". While these type of people are important to any asset, they are what are often referred to as, "Dumb money". Very few self-made investors fall into this class. I've found that quite a few people who have inherited money fall into this class, however. Then you have your objective investors. These are the people who will not only kick the tires but check the tire pressure and bring in outside experts to provide them opinions on an asset. They don't allow themselves to become overly emotionally invested in any asset. These are your investors that will invest when your fundamentals are strong and kick you to the curb when they aren't. It's nothing personal, it's simply logical business reasoning to them. No objective investor is going to put a large sum of money into a coin that bills itself as anonymous when there is a centralized reference node and network instability without it. And these are the people that would take a coin like Darkcoin to its all-time highs. Want to know how to become an objective investor? Take a deep breath and exhale (this is important as it activates your parasympathetic nervous system) and observe your reaction. Observe that your initial REACTION to what I just typed was that it was bullshit and to immediately figure out how to prove me wrong or roll your eyes and ignore what I said with no additional thought. Observe that and then play devil's advocate with yourself. Ask yourself, "What if he is right?" and go from there. Learn to respond instead of react. |
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As a large investor in Darkcoin who watches it very closely, I can tell you the primary problem.
The network is not stable without centralized reference nodes. It's that simple. Yes, there are other issues that need rectified, but that is the primary one.
We've been waiting for months and months for Evan to fix it and as of yet, he has not. I haven't bought a Darkcoin in a long time because of this but have certainly sold some. InstantX is awesome, but without a stable, decentralized network, it's useless.
When Evan finally gets it fixed, THAT is when the price of Darkcoin will finally go up and stay up.
What is interesting however, is the fact that Mr. Spread and Spreadcoin may beat him to it.
And I honestly believe that he will. Evan has done a great job, but his methods are clunky and verge on being outdated. He will. The question is, will it be too late. From a financial perspective it really doesn't matter to me either way because I am heavily invested in both coins. But it's sure going to be fun to watch and I'd love to see Spreadcoin do well. |
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As a large investor in Darkcoin who watches it very closely, I can tell you the primary problem.
The network is not stable without centralized reference nodes. It's that simple. Yes, there are other issues that need rectified, but that is the primary one.
We've been waiting for months and months for Evan to fix it and as of yet, he has not. I haven't bought a Darkcoin in a long time because of this but have certainly sold some. InstantX is awesome, but without a stable, decentralized network, it's useless.
When Evan finally gets it fixed, THAT is when the price of Darkcoin will finally go up and stay up.
What is interesting however, is the fact that Mr. Spread and Spreadcoin may beat him to it.
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Seems to me that it would behoove the Spreadcoin community to start brainstorming ideas for future services rather than renaming the nodes. I haven't checked in for a while so maybe some other services after instant transactions are already on the table. I'll probably jump in on testnet later tonight, but I just thought I'd leave my non-technical opinion here. If Spreadcoin can differentiate itself enough through the quality services it can provide, it's not going to matter as much what you call the nodes.
InstantX can be tested on testnet at present. Mr. Spread is working on a new build for it. That's great. Does that mean I should wait for the new release before jumping in? I thought someone earlier said he was going to release a new version that elected masternodes sooner. I wasn't sure if I jumped in on testnet #2 if it would even matter. By the time my nodes were elected, a newer version may be released. Thoughts? You don't have to wait if you want to play with it in its present state. But there's no current testing though I'm sure someone would jump in with you if you wanted. Mr. Spread did say he was going to update election parameters with a new build at some point. As long as you put plenty of tSPR in, you could get a masternode elected really quick. In fact, if you put more than 1200 tSPR in, you'd probably get elected next. |
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Seems to me that it would behoove the Spreadcoin community to start brainstorming ideas for future services rather than renaming the nodes. I haven't checked in for a while so maybe some other services after instant transactions are already on the table. I'll probably jump in on testnet later tonight, but I just thought I'd leave my non-technical opinion here. If Spreadcoin can differentiate itself enough through the quality services it can provide, it's not going to matter as much what you call the nodes.
InstantX can be tested on testnet at present. Mr. Spread is working on a new build for it. |
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My point was regarding branding. "Hi, we are Spreadcoin. You should invest with us because we have unique features like..." Simply being a newer, sleeker, sexier version of an existing coin probably won't be good enough in the long run. Let's do a little thought experiment. Be honest here.
Does "They have masternodes, but ours are better" excite you enough to invest?
How about "They have instantx, but ours will be better"?
Yes. Our wording needs to be better. But for me, the answer is yes. And if Mr. Spread has done masternodes better, I look forward to what else he can do better. |
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I really like this coin and support it every way I can but honestly, that rex orderbook looks so screwed... Who is running the show?
What's wrong with it? Nothing wrong there, just looks like a one man show to me. What makes you think that? What are you seeing? Not going to tell everything I see, just basic things. I´m sure You know how this game is played. Take away those .000000000 orders. What's left? Someone is also trying to hide where the real floor is. Did you mistype Cex in your first post? Go over to bitt rex and you'll see much more. It is not inconceivable that we have someone who owns large amounts of SPR and tries to keep the price down as long as possible. Based upon price action I suspect we have one or two miners regularly dumping. Or someone wants to make us think that's the case. I don't think that SPR miners belong to that kind of miners that constantly dump their coins, especially now that we are in the early phase of the coin. After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate. And if I was: 1. Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine. 2. If I was a competing coin, I could keep the price of the coin deflated. |
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I really like this coin and support it every way I can but honestly, that rex orderbook looks so screwed... Who is running the show?
What's wrong with it? Nothing wrong there, just looks like a one man show to me. What makes you think that? What are you seeing? Not going to tell everything I see, just basic things. I´m sure You know how this game is played. Take away those .000000000 orders. What's left? Someone is also trying to hide where the real floor is. Did you mistype Cex in your first post? Go over to bitt rex and you'll see much more. It is not inconceivable that we have someone who owns large amounts of SPR and tries to keep the price down as long as possible. Based upon price action I suspect we have one or two miners regularly dumping. |
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I really like this coin and support it every way I can but honestly, that rex orderbook looks so screwed... Who is running the show?
What's wrong with it? Nothing wrong there, just looks like a one man show to me. What makes you think that? What are you seeing? |
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