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1041  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 03, 2015, 12:53:40 PM
I personally hate the idea of having to run a bitcoin full node. I really don't want to download 20GB.
40GB ATM.

33Gb

https://blockchain.info/de/charts/blocks-size

38, I have synced wallet.

Bitcoin dev said about pruning some time ago: https://twitter.com/pwuille/status/591527686117466113 But full blockchain is still needed for first-time syncing.

Interesting.
I think I will start a full node right now myself.
Haven't done that in a while.
1042  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 03, 2015, 12:26:00 PM
If SPR can support 10% - 30% of the Bitcoin network, that would be big news. It would also be big news on a regular basis.

That's basically a very productive marketing budget.

coinsupply/2880 is also the amount of bitcoin nodes we can then provide.
1043  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 03, 2015, 11:59:21 AM
This proposal is for servicenode operators to host full bitcoin nodes. Bitcoin holders wouldn't care much about the impact on bitcoin, other than those in the know recognizing that the security and stability of the bitcoin network is being supported by an altcoin.

and that is something that creates value!

Absolutely.

And although I am a big fan of fierce competition, I do love the fact that we are steping outside this game for a moment,
by creating something that would help other coins too for a change.  Cheesy

Most other coins are trying to outrun competition (sometimes even by going closed source for a while  Wink because they hate open source in that moment  Grin),
but in our case, if we make this work, when other people then copy our code, it would only help bitcoin (or other coins) even more?

Wasn't there a name in circulation a few months/weeks ago?

Spreadnodes?

Well, that's what spreadnodes do in principle: spread crypto nodes.

We can call this first project "Spread the Nodes".

BTW, spreadnodes.com/net/org is free if someone from the community wants to grab them.

(hurry)
1044  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 03, 2015, 11:45:24 AM
I personally hate the idea of having to run a bitcoin full node. I really don't want to download 20GB. Please don't implement this idea. I don't see how a masternode can verify the servicenode's chain anyway. They can always steal the information from a website.

I hear you.

But, proving to the network that a server is running a service is one of the most elementary things we have to know how to do if we want to proceed with spreadcoin's service apps.

So running a "24/7 supervised" bitcoin node sounds like a perfect contender for this test we need to do.

Sounds like the most perfect "first app"...

This doesn't mean it's the last, or the most important.
People can decide to not run this service and receive a small penalty depending on how many additional services they keep running.
1045  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 03, 2015, 11:36:41 AM
it should be possible, if it was set as a weighted value so if we set the value of hosting a full node to 40% and someone does not want to host, then their earnings would be 40% less, i think it should be possible, also if we build an api on top of the service nodes, it would be easier to add in services... i know it requires foot work, but the end result would be the better

I'd rather make it simple for now (we can always make it more complex in the future),
and make people NEED to run every newly introduced service on their servers or recieve a penalty (lower payment) for every service they deliberately ommit.

This would have two benefits:

1) It would encourage people to move away from those low end servers that will not be of much use to our service network anyway.

2) It would guarantee that any new service has automatically a strong network behind it, and not just a handful of nodes that decide to run it.
1046  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 03, 2015, 11:31:45 AM
I personally hate the idea of having to run a bitcoin full node. I really don't want to download 20GB.
40GB ATM.

33Gb

https://blockchain.info/de/charts/blocks-size
1047  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 03, 2015, 11:29:29 AM
If we can come up with a workable model, I think we will attract some help from Bitcoin devs to help push this forward, possibly some of the bitcoin core devs now at the MIT Labs - let them work on making it work.

Like any service running on servicenodes, if after 3 or 6 months it wasn't adding any value to the network, then we can drop the service.

What are the costs of a good VPS with unlimited data?  Providers and plans here http://lowendbox.com/



The potential risk vs. reward makes a trial worth a go, IMO.

Definitely,

I was never a fan on those 5-10$ per month servers... sure 10 years ago, but since I want my servers to do some real heavylifting I can't expect them to be that cheap.

E.g. ATM I run two servers with 24 GB ram each, and 1 Terabyte of space. (each has a 2x2Ghz CPU), and I pay about 60$ for each of them each month.

I did a test a few months ago, about how many daemons I could run successfully on such a machine, and I was very well able to run 20 daemons of 20 different coins simultaneously.

If you add more you then start running into problems.

But I think a single bitcoin daemon shouldn't eat away more then 10% of the ressources of such a machine, and even run on a low end server.
1048  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 03, 2015, 11:21:21 AM
I thought we wante setting up servicenodes easy, but now the user will need to download 20GB of blockchain from bitcoin? It doesn't sound so user friendly...

33 Gbyte....
and yes, that about reflects how important bitcoin is.

we have to face this, bitcoin has problems, and if bitcoin crumbles, we can all kiss our sideproject's asses goodbye.

think of it this way, its the first test version, at some point when we have more than 1 service for the service nodes, i think the best course will be to let the service nodes decide what services they want to offer, and what services not to offer....

But then I am not sure how we are going to give the people a score...

We can't have someone install say 10 different services and get payed the same amount as someone who only wants to install 1 service.

Yes, we can give people the freedom to participate in those projects (say if someone doesn't want to run full bitcoin nodes)... but this would then mean that they will recieve a smaller SN payment.
1049  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 07:04:37 PM
The Bitcoin wallet is open source.

Why not add a start instruction linked to the launch of a servicenode, and then make them depend on each other?

Yes, but that also means that too simple rules can easily be deleted from the source.

Much like for example, you don't need neither the wallet nor the protocol to create a valid BTC address.
You can literaly do that with pen and paper only.

What I want to say with that, is that there are parts of the whole crypto construct that are completely outside of both code and protocol.

The same way any rule we implement that wants to enforce a perfect teamwork between servicenode and bitcoin node would require that we create rules that are deeply embedded in the protocol, and not just "present" in the open source code.

In effect, this means that not your service node will check if you run a bitcoin node, but other service nodes will check you.  Grin

But we both know that.
1050  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 07:01:47 PM
a servicenode operator is best on their feet and engaged when they are assured that their node is up and running and stable thus ensuring that their operating costs are not in vain should they be kicked from the active node list.

And he can be assured with the new model too: it's his decision to not be near the weakest link.

It's really his decision. Suppose he has 1000 SPR to invest:

1) Does he want to run 1 servicenode with 1000 SPR in it, that can basically not be challenged (kicked out) by anybody (except if his servicenode is deemed invalid or "not up to the job"),
or
2) does he want to run 10 servicenodes with 100 SPR each, which makes them very risky (because they could be shut down easily, but not necessarily), but also increases his changes of profit 10x?

It has been a long time since I have been this excited about a project.  Testnet, as you say, is going to be a proving ground but also a lot of fun  Smiley

The testnet sessions we had in january/february are the reason I am so motivated.
1051  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 06:43:47 PM
The Darkcoin model of 1000DRK to buy in and the market value of 1000DRK will determine how many people have masternodes (some will cash out at points etc).  
That model is tried and tested and I can't quite understand the benefits of the proposed SPR method yet.  


Horses were also "tried and tested" once, and they still had to make room for the automobile.

My though process comes from the desire that I want to expose the collateral to the same market forces that hashrate and currency value are also exposed to.

This exposure can never be wrong. Think of it as an additional parameter, a "valve" in which the market is allowed to influence (and be influenced back) by the network.

Sure, it makes things more complicated, much like people are pissed that BTC price isn't always increasing, and that difficulty rises instead of staying where it is.

Yeah, let the people be discontent, it will keep them on their feet and engaged, and this will only serve the system.


But that's something I will have to prove to you on testnet in a real world situation.
1052  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 06:37:04 PM
But if you create the servicenode protocol, you can be in charge of how it launches to be accepted by the network.

That should be super easy to police.

> If bitcoin node closed, close servicenode.
> If bitcoin node client not xxxx, close servicenode.
> Bitcoin wallet can be zero balance.

But an operator has both the servicenode and the bitcoin node in his full control,
so he will have the possibility to fake the state of either one of those.

It's not as easy I am afraid.
1053  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 06:22:19 PM
We can write the PR articles over the next few weeks and get them out to our new PR contacts.

Maybe we can get the Bitcoin core devs and the Bitcoin Foundation running a couple of ServiceNodes  Wink

I will work on my own implementation of servicenodes and hopefully have something for testnet ready by the end of this month.

First I always thought I would let those first servicenodes do some kind of "empty" service just for testing sake,
but it could very well be that their first service will be around how to "insure" that every servicenode is running a full bitcoin node,
and not trying to game the system, as this user in your thread correctly emphasizes:

The problem is identifying who really is a full node. You can set up thousands of "ghost nodes" that are just passthrough gateways for the same node but  will look like multiple different ones.
The moment you start with paid incentives, you have to try to fend off everyone that is trying to game the system.

And this problem could be harder to solve than it sounds: proving that you run a full node.

What plays in our favour is that we are not trying to "tip" full nodes, we just want to check if our servicenodes are running full bitcoin nodes at all times,
and if they don't, then they are simply kicked out.
If they are ok, they simply remain in the club and recieve their fix SPR payment... (30% of every block or something along that line)
1054  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 05:43:09 PM
Funny you should mention incentives to people running a full bitcoin node.

I started a thread about that a few days ago.

https://bitcointalk.org/index.php?topic=1042639.msg11238697#msg11238697

So maybe, to run a servicenode, you also need to run a full bitcoin node.

That would stop people spamming the servicenode network with dummy accounts to get a share of rewards.

 Roll Eyes

The more I hear about this idea the more I like it.
And it shouldn't be that hard to implement this as the first "service" the servicenodes are going to provide.
1055  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 05:41:46 PM
Thats not true george, the pools work like all the other pools - no one can steal anything, just some adaption was needed and done.

I'll give you the benefit of the doubt until I understand every last byte of Mr. Spread's code. (not just syntactically but semantically)
Meanwhile I am still not going to post your pool (for now).

The Site is nice, THATS true Smiley

Thanks.
1056  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 05:04:16 PM
It's quite the predicament.

I agree with ocminer that more pools will come to life if the price of spreadcoin keeps rising.

At the same time I wouldn't like the promotion of any pools in the OP, we need promotion of solo.

But I feel its only ethical to make it 1000% crystal clear that there are pools, that work.

Yes they work as long as everybody plays nice, and doesn't try to use the protocol rules (instead of whatever "prepared" mining software they use) which are in their favour (or not - in the case of the pools)

Nice work georgem, website is shit hot.

Best compliment I recieved today, thanks.
1057  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 04:00:52 PM
That means we will need a decentralised browser  Smiley

EXACTLY right.

I've been dreaming about a decentralized browser since the days I went "all in" on namecoin about two years ago, lol.

A decentralized in-wallet browser with blockchain access also finally makes it easy to browse those *.bit (namecoin) or...

let's say *.coin (spreadcoin) domains?


And so the endless realms of possibilities begin.


Yep, you know what... let's wait with the roadmap, I'd rather chat with you guys a little longer and gather more material.
But what I will put online later is the next immediate "TO DO" list for the month of may.

I am not sure if this has been posted earlier in the old thread, but here it is: http://yacy.net/en/index.html
Decentralized P2P search network. It's been out there since 2006. It might be worth taking a look, GeorgeM.

Yes it has been posted, but thanks anyway for mentioning it.

I am looking into YaCy and there also other ones like faroo (http://en.wikipedia.org/wiki/FAROO) and scholarninja (http://juretriglav.si/an-open-distributed-search-engine-for-science/)

But they all seem to not be very much used by anybody...
probably most of the people just got too much used to the results google gives and don't like other formats... hm...
1058  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 03:56:27 PM
How about the big elephant in Bitcoin's room.  Is there a way a SpreadCoin service node could incentivise somebody to run a full bitcoin node?


Now, if we as a network of a few thousand servicenodes could have a bitcoin node installed on each of our service nodes, than this would serve bitcoin well.
Maybe if this decentralized searchengine is also a giant decentralized blockexplorer? Then we could help all cryptocoins (we take in) and they would be incentivised to help us... by buying SPR I guess...



Or solo mining it (SPR)...

Help them so they help us.
I like this.

If we could somehow force any servicenode to also run a full bitcoin-node, this would immediately be something of value to the whole cryptoworld, not just SPR.

More such ideas please!
1059  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 03:42:52 PM
How about the big elephant in Bitcoin's room.  Is there a way a SpreadCoin service node could incentivise somebody to run a full bitcoin node?

Interesting question.

Running a full bitcoin node will always be a purely voluntary act.

There is also a feedback effect in work: people who are longterm invested in BTC are also automatically the people who will run a full bitcoin node (or keep on mining) indefinitely,
because for them this is like some kind of insurance.

They understand that without their help the perceived value of the BTC they hold vanishes...

So in their mind, I don't think that they need any additional incentives to do something that is healthy for the network.

So your question I guess is more about... how can we incentivise someone to run a full bitcoin node who doesn't own any BTC at all?

....

Now, if we as a network of a few thousand servicenodes could have a bitcoin node installed on each of our service nodes, than this would serve bitcoin well.
Maybe if this decentralized searchengine is also a giant decentralized blockexplorer? Then we could help all cryptocoins (we take in) and they would be incentivised to help us... by buying SPR I guess...

1060  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: May 02, 2015, 03:16:22 PM
That means we will need a decentralised browser  Smiley

EXACTLY right.

I've been dreaming about a decentralized browser since the days I went "all in" on namecoin about two years ago, lol.

A decentralized in-wallet browser with blockchain access also finally makes it easy to browse those *.bit (namecoin) or...

let's say *.coin (spreadcoin) domains?


And so the endless realms of possibilities begin.


Yep, you know what... let's wait with the roadmap, I'd rather chat with you guys a little longer and gather more material.
But what I will put online later is the next immediate "TO DO" list for the month of may.
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