...Why not just set a future block and use that date to determine all SPR balances (ignoring all transactions after the selected block height) and have people sign their addresses to prove ownership and claim?
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So defunctec -- what would this be?  Would this be a device with a chip which would have the keys to a wallet - where the wallet would how X coins?  So it's more of a crown chip?  And I guess the chip could just display the balance of the wallet/keys it holds?  

Since addresses can be used on multichains -- I guess you could also have a multi-coin chip?

Then theoretically people could use digital tokens by transacting in these chips -- just like they transact with cash....

I guess, I would just imagine possibilities in a "general purpose model"  ....  and I would imagine that one would spend "crown chips" or "crown cards" like cash.  

so yeah... that sounds interesting.

If it's mining thats fine, we have musicoin, veltor and pascal.

Hear me out....

@coins101

Just making sure I understand.

Sending SPR coins to escrow and receive same amount of HLM.

So we are swapping SPR for HLM?

No more SPR?

OP has been updated with more technical specifications of the HLM project, take a peek.


Reminder: If you are interested in getting involved with HLM, please contact Coins101 or myself directly. We will have more information coming out soon on how you can actively get involved in what will be one of the most talked about blockchain projects in 2017 (and beyond).

If you are against doing a snapshot..

So I've thought about this for a while now and I think its worth giving it a go.

I have spent quite a lot of the past two years actively trying to pursue some ideas around Service Nodes and I think some of those ideas are probably not that aligned with where Spreadcoin is heading.

Two years is a long time.

Which is why I don't want to start again from scratch or do an ICO.  The stuff I've been doing around here for a while is still valid, it's just not where the Spreadcoin Core is going - hence a fork of sorts.

There is an existing white paper branded for the benefit of SPR which is still in draft. I'll probably tidy that up a little and make use of it elsewhere.

There is a new white paper which hasn't been made public yet. I need to change some things on that and then it will get released.

There is a third white paper due, but it is likely to be put on the back burner until a patent is written and submitted.

These things are about the direction I'm really keen to follow. That direction is more focused around service nodes that pay a coupon; give people a way to earn a living from providing services through the second layer; and ultimately about potential ways to generate dividends. I come from that type of mindset that dividends can be productive to society if done ethically, such as providing incomes for pensions.

So the concept of an economic fork is where I think things will go.

People will get to claim whatever stake they have in Spreadcoin in a new coin called HLM (full name to be released in due course after setting up github and a website).

Everyone will be given plenty of notice about being able to claim their new coins and we won't be short changing anyone. So if you claim your HLM's you'll have Spreadcoin's and HLM coins in equal measure.

It won't be some five minute process either. People that pop in once a year will still find they can redeem their HLM's.

HLM is going to be a DASH fork. So it's easier to use an escrow to redeem coins than try to create some fancy automated process. Only you and the escrow will know your coin holdings - so please take into account an escrow fee. We will need to cover off people that fancy chancing their luck and claiming and claiming and claiming using the same set of coins.

I look forward to keeping my Spreadcoins and seeing them grow in value over the years to come. The Spreadcoin project is in great hands. I've always supported Georgem and given the amount of time he has spent gaining knowledge about the Bitcoin codebase this project will continue to do well over the long-term.  

But I think my priorities are in areas of development that probably don't fit very well with where I thought SPR might have been going.

So, it's not good bye but simply see ya around.

GO SPREADCOIN!

@coins101 - will there be a slack to jump on?

when estimated to launch? looks interesting

..
no alcohol - no drugs - no smoking ... thats no smoking anything ...
.

..when you do visit though - stay in touch - as a coffee is not far off ...
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So u want to fork vtorrent? What the point? Are u saying
that u can finish torrent implementation on blockchain?
that missing link we are waiting from current
Dev? Or did i get this wrong? Or will u have
Another solution? What good will fork do for
Current vtorrent holder? Coins will
Be distributed as per current holdings or?