with current price around 0.125 BTC/say

Tnx, I was allready mining it when we spoke

I mined ~9000SPR so far and last 3 days I wanted to buy as much as I could while price was 30k but I got all my BTC stuck at god forsaken Bitstamp 
Damn you Bitstamp!!!

Guys i don't mean to ruin your party but wouldn't NOT setting a limit for SPR to have a masternodes be a detriment to the network?

I mean with DRK coin masternodes are easy, you have 1000 coins and you have a masternode, combined with everyone you have a total of say 1500-2000 masternodes on the whole network. With SPR's solution you may have waaaaay less masternodes say if you require 2500+ SPR to be on the masternode list. So what i'm saying is wouldn't there more likely be less masternodes therefore less decentralisation?

I guess there could be a hard limit on minimum and maximum number of masternodes to avoid this?

Please advise if i am way off.

It can work by broadcasting this additional information but this will require some additional actions from those who will want to receive messages, what you want is simpler though, by signing transaction you make your public key known, this should be enough to encrypt a message. But some people may send you money not from the wallet but from an exchange which will probably just ignore such messages.

Was there ever any tentative scheduling for masternode release from Mr. Spread?  I'm pretty sure the implementation is no walk in the park, but trying to get the word out with all the nefarious activities surrounding cryptos in general is becoming more difficult. 

I have optimized synchronization code, next version will sync much faster.

DarkCoin code is pretty complicated, sometimes for no reason (if you are interested I can point you to examples). I want to make simpler and cleaner implementation which is easier to understand and easier to done right. I will prioritize instant transactions over anonymity since they are simpler to implement and I think they are useful for more people than DarkSend.
After new year I will have hell of a lot of free time, so I hope in the second half of January we will have some code for public testing, maybe sooner.

Currently the darkcoin masternodes get paid ~0.7 drk each day. But that's with 1100 masternodes. Anyway with the cheapest vps from www.bitcoincloud.eu which is ~0.03 btc you can make ~0.03 btc profit each month. According to my calculations. Feel free to correct me.

With spreadcoin i'm sure we'll be making much more in the first few months.

I'm a masternode operator, and i have never been ddos'ed.
As far as I'm aware its one for one, so one MN = one instance.

1000SPR = $5 instance cost (VULTR).

500 SPR masternodes at 50% block reward = 5000 SPR distributed among MN owners per day.
5000 % 500 = 10SPR per MN per day.
Say the price of SPR is x2 @ 0.00075, thats 0.0075/$2 a day per masternode.

http://spreadcoin.net/explorer/Sfxc14Aj5FHA7cwLqxZyMxdus5CgVxr9Mw
This guy got another 200+ blocks in the past 1,000 or so.
He's not mining to the address but rather consolidates to the address every 24 or so hours.
He's also increased his blocks at a ridiculous rate. Just 6% of total a couple days ago. 20%+ today.

This might be what happens when rentable mining rigs and pools are out of the picture... One guy with a GPU farm can easily take over.

Great Graphics! 

Hm, so the ultimate goal would be to have GPU mining directly from within the wallet, right?
No external tools and conf file tweaking...
Maybe have the wallet automatically detect if GPU is compatible and let the user simply click a button.

Use CPU (x) --- Threads 1/2/3/4

Use GPU (x) --- Threads x/y/z etc

START MINING

@georgem:

Masternodes are what give Darkcoin it's utility, and therefore value. I'm all for keeping things simple, but you need a certain amount of infrastructure to get anything useful done.  

About messaging in wallet - Masternodes would make this pretty simple, but it's pretty simple anyway. I wrote a little encrypted p2p chat bolt-on for my Darkcoin Simple Wallet that used one of my Masternodes as a key store (address book basically) - it was pretty straightforward. I never took it too far though because extremely simple was all it had to be, send a short txt message to a given address. I didn't and don't want a full blown IRC/jabber/skype/etc. client bloating up my wallet and bringing untold vulnerabilities to my ecash.

There are dozens of coins with in-wallet messaging and a hundred ways of doing it, Mr Spread could probably have it integrated in a day or two... but I hope he will keep Masternodes the priority. They really are an excellent technical and economic innovation, the n-of-m structure avoids centralisation of any service provision and makes them extremely attack resilient.

Anyway, very glad to have you here chucking ideas about!  




edit: How about we drop the 'coin' bit, just Spread?

Found 2 more blocks today, so I've got 4 in 72 hours of mining. 1 per 18 hours. 950 kh/s avg hash speed here.

Trying hard to find a rig-renting website which does solo mining but it doesn't seem to exist so perhaps I should just buy more SPR instead.
JL

Critical app + sound business acumen + good marketing + gung ho community = billion dollar coin.  

Someone has to.  Why not Spreadcoin?  

But that's the point.
The blockchain needs storing.
The messages don't!
(the "message blocks" (containing the messages each pointing to the transactions contained in the blockchain blocks of every minute) could be stored in the data folder temporarily, and deleted after a while)

Since there are so many from the DRK community here, just curious what % SPR represents your total crypto holdings and what % remains with DRK?

For me it's about 10% in SPR and XCP and then 80% in DRK still.
I'm trying to get an idea on how much short-term upside to expect here from DRK folks converting over here little by little as they discover SPR.

JL