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721  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: February 02, 2015, 11:30:33 PM
Two people don't control 80% of Darkcoin's hashrate. I know your argument on pools for months now but BTC is sitting there waiting for these evil pools to go all rogue and start 51% attacks... waiting.

Yes, two people do. Take another look at this. Really, if that level of centralisation and therefore vulnerability doesn't bother you, you're daft.

Quick visual reminder of Spread's pool-free solo mining - this is a thing of beauty:


For contrast, here is Darkcoin:




Or worse, there are several admins each of those two servers who can be compromised. Pools are run by people. But you just go on living in la la land where bad things never happen so why bother guarding against them eh?

I have addressed why nobody has made a serious attack yet on BTC - nobody cares enough.
722  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: February 02, 2015, 11:18:09 PM
Just curious but what is the value-add here? At the end of the day, pool or no pool, the average end user isn't going to care. It just has to work, be liquid enough that they aren't raped on exchange, and have markets/merchant acceptance. What merchants are using SPR? What differentiating factor is there over BTC?

If someone wandered into the Darkcoin thread and posted such nonsense, you'd be the first to rip into them.  Cheesy

Spread's anti-pool strategy may not be perfect, but it's a hell of a lot better than anything else right now. Are you really comfortable with two people having control of 80% of Darkcoin's hashrate? Do you want me to post those pie charts again? Nobody cares about having actually decentralised blockchain security right now because nobody cares enough about cryprocurrencies to mount a serious attack on a large PoW coin. It's only a matter of time though before it happens, if BTC/DRK/whatever succeed the way we here would all like them to. Darkcoin right now is actually considerably less decentralised than the tradional banking system.

Spread borrows the masternode concept from Darkcoin, but the implementation is a fresh one. One that for example solves the masternode payments/forking issues that have plagued Darkcoin from RC3 to this day. Spread masternodes are also different in pricing philosophy, and vastly easier to set up and maintain than Darkcoin's, something I hope the Darkcoin team pays some attention to.

Unlike Noob'AlmightyTextBrick'OnTheBlock I don't personally care about making more BTC, or the market price of either DRK or SPR at all. I'm here because I support blockchain and masternode technology and hope that what they evolve into will in some small way help future generations avoid constant financial rape and pillage by the kleptocrats that currently run this asylum we all live on.

Darkcoin isn't going to change the world by itself, Spread can help a little too. Adoption is the only thing that is really going to help, and if Spread brings more users and supporters of the masternode concept on board then it will benefit Darkcoin too. I think everyone who holds any of either should hold a bit of the other too, bitching between the two groups isn't going to help anyone.

Both SPR and DRK are currently testing IX, I think this is a great thing. My personal belief is that IX has a far broader market appeal than Darksend. Comparatively few people give a damn about their privacy, but everyone's in a hurry... Anyway, there's no reason SPR can't have its own version of DS in time. It's just not the current priority, rightly in my opinion.

SPR is based on the same API as BTC and DRK, if wider merchant adoption comes for one it will come for all.

I think saying that SPR has no differentiating features over Bitcoin is plain silly. Please spank yourself, consider buying a few SPR, and help support a fresh implementation of Evan's genius, by an honest and skilled developer. Smiley



723  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: February 02, 2015, 05:58:21 PM
Quick visual reminder of Spread's pool-free solo mining - this is a thing of beauty:


For contrast, here is Darkcoin:



I don't understand how you can claim Spreadcoin to be pool free!  We know there are some pools running.  And if it turns out to be beneficial, you can bet your ass there will be more to come in the future!

This has been addressed many times. You can't stop a bunch of friends who trust each other from collaborating, but by requiring that each pool member has to trust every other pool member, you can ensure that pools remain small efforts between well trusted friends. It just doesn't scale to anywhere near the level of centralised horror that plagues most PoW coins.

Spread's block structure is working exactly as intended.  Smiley
724  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: February 02, 2015, 05:27:51 PM
Quick visual reminder of Spread's pool-free solo mining - this is a thing of beauty:


For contrast, here is Darkcoin:

725  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: February 02, 2015, 04:43:03 PM
Also just wondering is anyone working on a mobile wallet?

elbandi has ported us a spreadcoinj and SJRuilez83 says he might have a go at an android wallet shortly: http://spreadcointalk.org/index.php?topic=35.0
726  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: February 01, 2015, 12:11:47 AM
Not to jinx what could hopefully be a massively bullish thing, but from Jan. 26 to today there is a beautiful double-bottom at 0.00025 developing from today's drop and recovery.
Getting above 0.0006, and not falling below 0.0002, could confirm double-bottom and lead to continued massive rallying.

JL

Your sig indicates remarkable confidence that I'll be leasing you my warbot code.  Undecided
727  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 31, 2015, 07:59:42 PM
Fargle! I was busy tinkering with my MN warbots and missed the dip.  Sad
728  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 31, 2015, 04:51:50 PM
Quick question, I've now got all funds in one wallet. This includes all the DRK 1k vins for my MNs. MY MNs are running but the Vins don't appear 'locked' under coin control. Can I darksend in this wallet or is it best to move funds to a separate wallet? Any thoughts on this...?

Cheers  Smiley

You can use coin control to select inputs to send so that you don't break any of your MNs.

Sorry, misread your post - no you can't activate DS to mix coins in your Masternode wallet. If you denominate and mix the 1000DRK vins you'll break your MNs.
729  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 30, 2015, 10:40:24 PM

Being a Greek I always found Varoufakis to be full of shit (even a puppet of the Elite that plays controlled opposition role) - and I'm from the "anti-memorandum / anti-troika" group so to speak.

The reason is that his agenda is more pro-european than pro-greek. He is pro-euro (the currency) in a degree that is disgusting. Greece needs to have a sovereign currency. The euro and the euro-policies have buried us alive. His "no" to the troika this afternoon is actually a no to the low-level employees and beaurocrats that were checking in on the government progress. He said he is committed to the ecb, imf and eu and keeping government surpluses running though.

By the way he dislikes bitcoin, its apolitical nature and he has drawn parallels to tulip mania. That's another reason why he is full of shit.

Funny how to everyone outside of a particular country, their politicians look like saviours whereas to their own country people they are hated.

I actually thought this was a genuine piece of progress. So you're saying it's all just posturing ? They're really full of B.S. and the rejection of the bailout isn't genuine ?

If so, that is depressing as f*ck.

B.T.W. I completely agree with you on Greece just launching its own currency. That's what I was hoping they would end up doing.

...and who the hell would accept it outside of Greece?

Uh, try spending US dollars outside the US, or £'s outside of the UK...
730  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | InstantX on: January 30, 2015, 09:44:25 PM
Spreadcoin is testing Instant X ---- http://spreadcointalk.org/index.php?topic=37.msg908#msg908

I don't know about you guys but I think it's really disrespectful of them to take it from Darkcoin before Darkcoin has implemented it fully.  Evan's work deserves more respect.  Are they violating any sort of license we can enforce?

What's more respectful than recognising the genius of the idea and putting it into action?

Spread MNs are a complete reimplementation, not just a cut and paste of Darkcoin code. The two implementations of InstantX are and will continue to be different too.

If it helps, think of Mr Spread as a self funding Darkcoin developer. Anything he comes up with can be worked into Darkcoin. Open source is a two way street.



Smiley
731  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 30, 2015, 09:30:03 PM
Initial InstantX testing looking good:


...12 Masternode confirmations of the transaction in the time it took for the tooltip to pop up and tell me about it, so maybe a second after it hit my wallet... Cheesy
732  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 30, 2015, 04:53:42 PM
Where are you getting the idea that it costs people 50k sats to mine one SPR?

These numbers are pulled straight out of my arse but are maybe in the right ballpark:


Average rig of 5 * 750 Ti cards gets you 7.5MH/s @ 300W, and about 2 blocks/day ~12 SPR/day

Electricity @ $0.20 / kW/h (it's probably higher than this in most of W Europe) so 0.3 kW * 24hrs * £0.20 = $1.44/day

12 SPR cost $1.44 to mine so $0.12/SPR which at $230/BTC = 0.00052 BTC per mined SPR.

My arifmatik is terrible though...  Cheesy
733  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 30, 2015, 12:41:27 PM
For mainnet, when it's released, I'm sure there will be a mac wallet you can just download as normal. Nobody has bothered compiling a mac version for testnet yet, that's all. If you have a mac, feel free to compile it yourself if you like.
734  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 29, 2015, 11:42:43 PM
All my testnet Masternodes paid, took about 5-6 hours, as expected with ~350 active MNs and ~1min blocktime.


So far everything in v1 has worked as expected, I am very impressed.
735  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 29, 2015, 09:36:13 PM
None of you are thinking aggressively enough...  Wink
736  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 29, 2015, 07:04:09 PM
first off all im not here to pun, i like this coin and i bought some but yesterday at this time i put 2 machines with 6 gpus to mine this coin and didnt find any blocks in last 24 hours is this coin become to hard to mine for small miners or i was just to unlucky again this is about 5th time i tried to mine and i set up everything alright but didnt found even one block. I think it should be better for small miners that this coin start to make some official pools for small miners lets say 10 mhs max per same ip/miner so that small miners can have some chance to get some coins 2  Smiley .  

I think it would be better for small miners if they didn't have the attention span of a gnat and stopped feeling entitled to instant free money, then whining when they don't get any.

You make just as much or more mining solo long term than you would via a pool.
737  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 29, 2015, 06:51:52 PM
One thing about the MN :
The fact that you can have 10 MN on the same wallet is not a problem? This is only for testnet or it'll be like this on mainnet?

Normally the MNs should help the network to achieve diferent task, and I don't see how 10 or more MN on the same wallet/deamon/server would help more than only 1 per server.
What I want to say is that this is not really decentralized concept Wink

I agree, 2000 Darkcoin Masternodes running on 2000 separate machines is a very robust network.

Spread has a voting system though, hopefully it can be modified to give higher scores to machines running fewer Masternodes. Then competition is going to push people trying to run dozens of Masternodes on the same crappy Windows box off the network.

This is early testing, Mr Spread seems to know what he's doing. Smiley
738  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 29, 2015, 06:46:34 PM
Payments rolling in on my VPS nicely:

    {
        "account" : "mn15",
        "address" : "muCckRXnSmCYehpUD6b8ezQtoD88fTZqvF",
        "category" : "immature",
        "amount" : 1.99777350,
        "confirmations" : 72,
        "generated" : true,
        "blockhash" : "ab11bd6e2dec6c674514d41eac13493cc99b3ebd9a1d2a3e203744d1052cd0ac",
        "blockindex" : 0,
        "blocktime" : 1422552526,
        "txid" : "cb234301939e8c5b7dffd825d7cc0434091e028683a18ff110bf538049d39d36",
        "time" : 1422552526,
        "timereceived" : 1422552527
    },
    {
        "account" : "mn6",
        "address" : "mtqqYni2Zjeob4tfvGeogZ7RnY49Qq5k4s",
        "category" : "immature",
        "amount" : 1.99774350,
        "confirmations" : 12,
        "generated" : true,
        "blockhash" : "0fef3f9d2350d2b132f3af3d12ee3b0ef9a7b1b947f1cdb9ad3d22552da494de",
        "blockindex" : 0,
        "blocktime" : 1422555717,
        "txid" : "e11f977e128d63499d217c70bfe8a088d78bd08ab1a880a8d7926e1cb9cbc834",
        "time" : 1422555717,
        "timereceived" : 1422555718
    },
    {
        "account" : "mn9",
        "address" : "mmrfjEL9XZoDGpnTyEm3rNnk1MJAs84Ten",
        "category" : "immature",
        "amount" : 1.99773900,
        "confirmations" : 3,
        "generated" : true,
        "blockhash" : "b38a4db57aa83edf588dd7d501563df59ffe0a6f78e395c540d1d0cd7bb0b907",
        "blockindex" : 0,
        "blocktime" : 1422556590,
        "txid" : "fc82408c12362e695d8ea845dd034c3c57338767f8c7d86a0064732e54e554a9",
        "time" : 1422556590,
        "timereceived" : 1422556592
    },
    {
        "account" : "mn4",
        "address" : "mq4GBfmg5hi9eGu883CruYLKx43oXzmFBQ",
        "category" : "immature",
        "amount" : 1.99773800,
        "confirmations" : 1,
        "generated" : true,
        "blockhash" : "a55c03f509daf7b7b874858cfd249af9a2844be3c481cf2bfe6371dc92bdd547",
        "blockindex" : 0,
        "blocktime" : 1422556999,
        "txid" : "e8179e3651587473cdc342233094e2606acb9f4ae082bbd12a191c334dbb48cb",
        "time" : 1422556999,
        "timereceived" : 1422557000
    }
739  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 29, 2015, 06:25:20 PM
Ok - so I received my first 17+ tSPR MN payments - woot - it works!  Ahemmm - I have over 42 MN's hehe.  So I expect a lot of coin today! :-)

Wait till it's on main net. Checking your MN earnings over breakfast every morning is just wonderful.  Smiley

740  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: January 29, 2015, 06:21:23 PM
Spread Masternodes working exactly as planned on their first testnet outing, continuing onslaught of retards and obvious sockpuppets spamming us with their technicolour bigfont Fucked Up Drivel, all signs are good.  Smiley
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