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1101  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 11:27:04 PM
Did you see the post about going on IRC with Sy from litecointalk?

He has a miner monitoring service. I'm going to contact him tomorrow about doing an IRC for possibly creating a version for SPR.

https://bitcointalk.org/index.php?topic=715435.msg11239160#msg11239160

Anyway, he is a mod on Litecointalk, which means he could also help to answer how they deal with spam posts.

If not, I know one of the other mods I can ask after the IRC chat.


Yes, I read all posts, but I have too many things I have to look after at the moment.

I say go for it, talk to him, spread the spread in whatever way you see fit.
It definitely looks promising, but I haven't yet mined any SPR myself... so I am not an expert to judge this...


So I guess tomorrow is definitely the time the ANN / Website / Forum will attack full frontal with a triple-attack-combo!

1102  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 11:15:36 PM
The spreadcointalk forum - why not just make it invitation only to stop the spam bots?

Or maybe have a "newbie jail". Or we should make it so that you need to fill out a form to get in and a question on there could be "Who is the creator of Spreadcoin" and the person needs to type "Mr. Spread" and then they are able to register.

Yep, I am going to implement that.

I remember a pal introduced a question on his site, using the simple machines forum package.

It worked, but he had to keep changing the question. What he thinks was happening was someone was getting a prompt from their spam bot to go to his site, read the question, then he loaded the answer in to the bot - I think. But it did slow down the spam.

I am still doing some tests, I am sure I am going to find a nice solution.
Sifting thru the SMF forums right now...

BTW, it's not about reducing spam to zero (that's never going to happen), but just an order of magnitude less spam would be nice...
1103  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 10:39:39 PM
Success!

Linux binaries are finally here:

First the 64bit:

http://spreadcointalk.org/SpreadCoin64.tar.xz

Can someone test this please?
(both daemon and qt please)

I tested it on a fresh ubuntu 14 installation that had basically nothing installed on it, and it worked.

(so this means that all (or enough of ) the necessary libraries are embeded (linked) in the files now.
I can try and statically link even more libraries, but that could be unnecessary.)
1104  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 10:36:47 PM
The spreadcointalk forum - why not just make it invitation only to stop the spam bots?

Or maybe have a "newbie jail". Or we should make it so that you need to fill out a form to get in and a question on there could be "Who is the creator of Spreadcoin" and the person needs to type "Mr. Spread" and then they are able to register.

Yep, I am going to implement that.
1105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 12:17:38 PM
Stop slacking! Cheesy

Damn! I am doing it again, ...



Later, guys.

Stay tuned.
1106  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 12:16:02 PM
Update:

Website is >95% finished, and so is the ANN thread draft (I gave the ANN thread a similar design as the website).

Right now I am finishing the forum (adding spam reduction, moving everything to new server)

I am also working on the linux 32 and 64 bit builds (this takes most of the time, since I want to make them as statically linked as possible.)

When I have the forum and the linux builds ready we can go online.  Smiley

great georgem ...

sounds like a lot of work ...

will you have the source in git for our own linux builds? ...

#crysx

The source is still the original one, I am not doing any change in the code right now, just replacing the missing linux builds.
1107  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 12:14:05 PM
Update:

Website is >95% finished, and so is the ANN thread draft (I gave the ANN thread a similar design as the website).

Right now I am finishing the forum (adding spam reduction, moving everything to new server)

I am also working on the linux 32 and 64 bit builds (this takes most of the time, since I want to make them as statically linked as possible.)

When I have the forum and the linux builds ready we can go online.  Smiley

Thanks for your hard work mate.  Whilst you're here, fancy a quick debate on who I should vote for in the upcoming UK general election?

I am an anarchist, I don't think that voting is doing anybody any good, apart from giving the population the illusion that they are in control (when they are clearly not!).

Fancy enough as a quick debate?  Grin
1108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 12:11:34 PM
Update:

Website is >95% finished, and so is the ANN thread draft (I gave the ANN thread a similar design as the website).

Right now I am finishing the forum (adding spam reduction, moving everything to new server)

I am also working on the linux 32 and 64 bit builds (this takes most of the time, since I want to make them as statically linked as possible.)

When I have the forum and the linux builds ready we can go online.  Smiley

Sounds awesone! Looks very promissing - I will join the new forum.

I was wondering how you add "spam reduction"? Will it be an automatad process, and how do you detect spam?

Just make it harder for the bots to create accounts and post their spam.
There are add-ons for Simple Machines Forum that I am going thru, I will choose the best suited.
1109  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 30, 2015, 12:05:49 PM
Update:

Website is >95% finished, and so is the ANN thread draft (I gave the ANN thread a similar design as the website).

Right now I am finishing the forum (adding spam reduction, moving everything to new server)

I am also working on the linux 32 and 64 bit builds (this takes most of the time, since I want to make them as statically linked as possible.)

When I have the forum and the linux builds ready we can go online.  Smiley
1110  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 06:43:24 PM
haha,  Smiley


enough said. (for now, at this place)
1111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 06:12:58 PM
it's a pity we couldn't wait with this interesting discussion after the new ANN starts.

That would be exactly the best kind of discussion to start off the first few pages of the new ANN...

So I will refrain from the discussion for now, and work an extra shift to make the ANN happen sooner than later.

Stay tuned.

I urge you people to write any questions you have down for later, we are going to need interesting questions for the new ANN...
this Ann here is supposed to be abandoned soon... so what good is it anyway...
1112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 06:03:34 PM
I really appreciate the explanations George, they're helping me a lot.  Thanks.

Let the throw a scenario at you.

Person A is a whale and has 100,000SPR.  What happens if they set up 1000 100SPR servicenodes in a fit  for purpose environment for the services that they are providing?  Do  his/her nodes get rewarded (albeit on a diminishing basis) until 1000 people start servicenodes with more than 100SPR?

Yes. 100% correct in every aspect.

If this guy manages to setup 1000 functioning servicenodes that are being accepted by the network
then we shouldn't look at this guy as somekind of menace but as a really generous person that loves spreadcoin.

He helps the network gain strength, he adds value and every wallet owner directly benefits from this guys investment.

And you got that right, he will receive 1000 payments, but only for a very short time, since other people will want to take part in this profitable business too. ALL THE TIME!
so they will take away his seats very easily in probably a short time (if he lets them stay at 100 SPR each).

So our generous friend will need to slowly but surely increase the SPR in every servicenode he owns.

But it depends on how fast you will find 1000 voluntary people that are willing to not only provide 101 SPR but also setup a working servicenode.
So it can very well be that the guy who manages to setup 1000 servicenodes in 1 day gets to profit immensely by doing this.

And he deserves this, setting up 1000 servicenodes should be looked at as a gift, much like we should thank the miners when soon spreadcoins hashrate will be 100 Ghs/s and more...  Grin

1113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 05:11:20 PM
I have a servicenode, but someone can jump in my place and kick me off the network?

Only if you are the weakest link. And this can only ever be 1 specific servicenode at any give time, no matter if we have 500 or 5000 servicenodes active.

Depending on how we implement service nodes, there might only be a kicking happening every block time, so every minute, if ever.
A kicking always requires a newcomer, yes.
If there are no newcomers trying to "register" a servicenode, there will be no kicking.

And your Node can easily be reactivated (maybe with a certain time penalty, depends again how we implement this)
if you are just willing to add enough SPR to your wallet so that you are again "well within the spread"...

"well within the spread"... I like the sound of that...  Grin
1114  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 05:07:31 PM
You set-up a node and you know how much it is and roughly what your reward is. You can do ROI calculations, because nodes have hosting costs.

An investor can "simulate" this predictability by just investing enough SPR so that he is in the upper half of the spread of the collateral price.
There is always a certain amount of SPR after which you do not fear at all that someone else can kick your servicenode out, because there are many other people below you who will be kicked first.
Ergo we can have predictability of ROI too with SPR, it's just a matter of assessing what all the other servicenodes are doing.

The other issue is what happens when the rewards emissions reach maxcoins. No rewards, means no incentive to host a MN. So services will become essential to cover the share of the block rewards when they diminish, if the price hasn't kept up. SPR is starting with that from the word go - something I've always wanted to see  Smiley

When we reach maxcoins the network is basically only powered by all kinds of tx fees (and maybe service app fees), so miners and servicenodes need to cut this 70/30% too I guess...


1115  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 04:49:56 PM
Servicenodes/masternodes both take coins out of circulation and both reduce supply to a certain extent.

Exactly, only that Servicenodes are more flexible.

1) You are allowed to even take 20000 SPR out of circulation with SPR, not just 1000 (as with DASH).
(but the more people do that, the less SPR are left, so the remaining people can run a servicenode with much fewer SPR than they could before.)

2) On the other side of the spectrum you will always see people who will succesfully run a servicenode with just 100 SPR...

That's why we call this coin SPREADcoin ...  Grin
1116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 04:35:07 PM
The 1000DASH requirement was to prevent people setting up farms of nodes and compromising the network.

It is a good deterrent, in that regard.

Perhaps there should be a relative value, but that gets complicated.

The 1000DASH also gives price stability. People hoard coins to create masternodes, which means you don't get coins dumped on the markets everyday.

Cutting the rewards to miners also reduces the mine-to-sell emissions. Miners are rewarded because the coins they do get have higher values. The ecosystem works well with miners relying on servicenodes to provide a good service, so the miners grumble but they need nodes to keep the price high.

If you are going to lower the entry price, I would think about the above. I would also think about making nodes difficult to manage so that it would become a matter of practicality to manage more than 100, 200, or 600 hundred.  But take into account that there are people now who provide node management services.

I'm not asserting a position, just looking for points for discussion.

A very low entry price coupled with a fix (but slowly growing) amount of maximum allowed service nodes will guarantee
that about every other day or so there will be a new open seat for someone who wants to enter the servicenode business.
That's what I call "staying friendly towards newcomers".

Please keep in mind that this friendliness is limited and does not apply to all possible servicenode seats.
The lower your price is, the easier someone else can just pay 1 SPR more and kick you out (make you the weakest link),
and the higher your price is, the more you can relax because you are outside of the "meat grinding" that happens near the lower end of the spread.

Gosh I need to create an animation to demonstrate this, it will be highly amousing to see that visualized.
1117  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 04:19:32 PM
Could somebody explain this to me like I am a 7 year old?  What is the problem with pre-determining that a person needs a set number of SPR to run a service node?

The problem is it excludes new comers from entering the game.

If you have price fixation as with DASH (1000 DASH) then this might be interesting for early adopters who payed maybe 20$ for their 1000 DASH,
but what if the price for 1 DASH moves to 20$?

How can a masternode price of 20000$ (1000 x 20$) be considered "friendly to newcomers"?

In the contrary it only serves the people who already have more money than the rest of us.

What if DASH goes to 100$? It gets even more insane.
Even more centralization of masternodes in the hands of early adopters or people with a fiat money powered agenda (banks, governments)

SPR will solve this problem by not setting a fix requirement (except maybe for an absolute necessary minimum of 100 SPR or even lower).
1118  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 04:00:34 PM
to strictly control if the service nodes are playing by the rules or not.

That's good!

Scores are not here to reward those who offer a better service.

Was thinking long term, it might not be possible to maintain that position when the going gets rough.

By that I mean higher transaction volume but also security threats. We've seen the damage that can be done verbally, SPR never had to defend it's network against attacks of all kinds. If that ever happens (and I hope not, but let's be realistic), I would expect the ServiceNodes to be first in the line of fire. My concern is that at some time in the future, it might be necessary to harden the network on all possible levels, starting with the Service Nodes. Who's to say that there could be vulnerabilities with Instant Transactions (high value transactions being approved without enough coverage by the lower nodes and no reversal possible in case of fraudulent transactions) and the system gets exploited through the weakest links?

Food for though but as I said, these are longer term concerns, I'd like to see how it plays out in the immediate future after Service Node launch.

 


If people expect a reward before they start securing and improving their servicenodes then they are completely misguided.
They get payed their fair share ANYWAY (30%), and if this isn't incentive enough for them to simply want to improve the service quality... then they should not run a servicenode (or any server for that matter)
1119  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 03:29:31 PM
Profits are nice but unless there's a business behind the coin, they're nothing short of incomplete.

Most sensible thing I have read all day.

I still do not agree with the rationale for a node score to be partially based on how many coins are associated with a node though.


Me neither. In fact I had a lenghty disagreement with Mr.Spread about exactly this point. Shortly before he left us.  Wink

I think the way servicenodes will work is with a 2-Step procedure:

1) is a servicenode even within the "spread" and allowed to run?
(This will be limited by the maximum amount of possible service nodes (Total coins / 2880 = Spread),
and if a servicenode is even willing to pay the minimum collateral necessary to secure a seat.
Minimum collateral is derived by a completely free market price discovery.)

2) After your servicenode secures a seat, does it provide the services it is supposed to provide with a reasonable quality (availability, throughput, not necessarily performance)?
If yes, good, if not, the system kicks the service node out.

Now, 1) is more important than 2), and regarding the competitive nature of the game 1) is necessary for 2) to even apply.

It is expected that people who run a servicenode will want to improve their server because it will then improve the quality of the services, which in turn attracts investors in the first place.
It is not necessary to let the protocol reward people who have access to the best server hardware (with the best performance) and hereby exclude other people who have only access to average server hardware.
(which doesn't have best performance, but still a reasonable amount of availability and data throughput)

No, it is only necessary to punish and exclude the free loaders. (people who deliberately try to game the system by installing servicenodes that get payed while providing nothing)
I think availability and throughput is more easily assessable than "performance".
What I mean with that, if a servicenode is highly available but rather slow, it should stay in the race and help contribute to the service network,
it can't be that only very fast low ping servers are allowed to play this game, because this game is not merely about speed.
There are other factors.

This really depends on the specific nature of a service.
Some need more speed, other more harddisk space, others more availability, etc...

So: no, there will never be a node score that is partially based on how many coins you have on your account.
There will be scores alright, but like some kind of policing mechanism the score is only here to strictly control if the service nodes are playing by the rules or not.
Scores are not here to reward those who offer a better service.

So to go back to the 2-Step procedure:

1) Competitive Pricing mechanism (how much are you willing to pay?) ---> Completely freely moving parameter.
2) Strict policing to exclude free loaders (are you playing by the rules or not?) ---> Strict boolean value of true or false

2) doesn't need to influence the competitive nature of 1)
2) is just a switch, while 1) is a spread.

And most importantly only 1) is tied to the amount of coins you have in your servicenode.
2) doesn't give a sh*t if you have 10000 SPR or only 100 SPR in your wallet.
It will judge you no matter what.



EDIT: An example:

Suppose we have a service application codenamed "Spread the Search" which acts as a decentralized search engine.

Now, to decide if a servicenode plays by the rule we could introduce a general rule like:
"is the servicenode crawling and indexing atleast 10000 websites a day?"

If no, the servicenode is kicked out.

If yes, the servicenode is not getting additional rewards if it crawls 20000 websites a day, because this is not necessary.
No, it will simply have passed the test, no need to reward the "overachievers", because it can be expected that people will want to improve their server hardware ANYWAY,
because it will improve the service overall and therefor attract more investors.
1120  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 03:26:03 PM
I logged in to my c-cex account this morning and saw to my big suprise that Spread is Marked for delisting!!!
What kinda nonsens is that?
Can that really be true?
Is there any exchange where this coin has any volume, or is everybody just bagholdning?

Yes, bittrex.

I wasn't even aware that it was listed at other exchanges too?
Bittrex is the only exchange where SPR has had and is having any reasonable amount of volume.
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