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1141  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 26, 2015, 04:11:08 PM
^ this may well be totally irrelevant depending on how service nodes are implemented.  Interesting blast from the past though Smiley
1142  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 25, 2015, 08:28:26 PM
Where's your frinckin servicenodes ? Cool Roll Eyes

Go and read the roadmap. You'll be waiting for a little while yet.
1143  Alternate cryptocurrencies / Altcoin Discussion / Re: Projects using masternodes in different ways from Dash? on: July 24, 2015, 09:12:30 AM
Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Bitcredits has bank nodes, heading towards insurance and loans, etc:

https://bitcointalk.org/index.php?topic=896133.0


Cheers

Graham


I didn't know about this.  Solid concept, must read more.
1144  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 23, 2015, 10:13:34 PM
Slack. What are we going to do about Slack.

This thread will begin to see a bit more action as we move closer to ServiceNode testing.

In the meantime, rest assured that among the more exciting things being discussed on Slack, you ain't missing much. Here is an example of the exciting stuff that happens behind the scenes:

"......BOOST_CURRENT_FUNCTION is awesome...."

"I just ordered a mega dürüm for me, and a pizza calzone...."

"An excellent reminder on the importance of wording courtesy of the BBC http://www.bbc.co.uk/news/magazine-33629019 "

To be fair, there is some other great stuff in the works as the devs prepare for testing, but I'm under penalty of death if I tell you the non-trivial stuff.

12,000+ messages about code, nsfw things and coffee. Lots and lots of coffee.
1145  Alternate cryptocurrencies / Altcoin Discussion / Re: Projects using masternodes in different ways from Dash? on: July 23, 2015, 09:09:14 PM
Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Spreadcoin intends to use the concept of masternodes to provide decentralised applications and services.  The first service to go live is based on PoBN (Proof of Bitcoin Node) where a Spreadcoin Servicenode owner would be paid 30% of SPR mining rewards in return for running a full bitcoin node.  

Spreadcoin was originally a Darkcoin fork but the masternode part of the code has been totally rewritten to form the new servicenode concept.

Other services beyond providing support to the bitcoin network will follow including decentralised exchange.

+101

Dash is focusing very carefully on being a currency first and foremost.

That means that other uses of masternodes are being explored all over the place. Some projects are scams, some are stupid and some are very innovative.

Spreadcoin is making slow and steady progress towards its road map goals. So there is no cheerleader campaign aimed at pumping the price, just a focus on creating services people would want to use but in a decentralized way.

Thanks for the answers guys, from the looks of things Spreadcoin's the only project doing their own thing with them. I'll have to have a proper look at it.

The Spreadcoin dev will be releasing a whitepaper in the next few days but by all means please drop by the thread and say hello in the meantime.
1146  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 23, 2015, 12:07:50 PM
The scale of global financial trade is truly breathtaking.

The scale of global IT spend and IT spend within finance is truly breathtaking.

The Blockchain is going to be one big mother ship of revenue and profit.

I reckon around 0.1 km worth of Panamax ships full of $10 notes  Grin

ok - so we still fail to see WHY decentalized bitcoin came about it the first place ...

its do AWAY with all that crap in the first place ...

the only reason WE are boggled by these numbers and figures is because WE will NEVER see these figures in the FIAT industry ... NEVER ...

hence - bitcoin ... satoshi was not stupid ...

a replacement for all those numbers and government controlled figures you guys were just spewing here? ...

yup - he was on the right track alright ...

but WE ( as a community ) STILL relate it all back to fiat ...

o well ...

#crysx

But that is what people do: we compare, everything.

It's actually a trait held within DNA. It's at the heart of what Charles Darwin discovered and wrote about. Survival of the most adapted - its why evolution happens slowly.

Evolution not revolution. You have to take people with you, or they call you a crackpot and send you to work at McDonald's.

Mmm.  Big Macs.
1147  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 22, 2015, 03:31:31 PM
I am speechless.

You think you know stuff, but then you find data that blows your view of the world totally out of the water.

* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b

* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).

This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?

Well this sites states that 1 trillion in $100 bills would take ~169 sea cans. So $10 bills would take ~1690 cans. (per wikipedia $10s and $100s are the same size/weight)

http://ggallman.com/trillion.htm

1 quadrillion is 1000 trillion so 1690000 cans.

A New Panamax size ship transports max 13000 cans

http://maritime-connector.com/wiki/panamax/

So if I didn't mess up the math 1690000 / 13000 = 130 New Panamax ships for 1 quadrillion  Grin

Edit: Just to have a visual reference the length of those ships would be ~47.5Km.

That's a super cool analysis. Thanks!

So at $1.6 trillion, this one company clears over 70km worth of Panamax ships full of $10 notes.

The Panama canal is only 77km long!
1148  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 22, 2015, 02:12:41 PM
I am speechless.

You think you know stuff, but then you find data that blows your view of the world totally out of the water.

* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b

* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).

This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?

It is over ten years since I heard this so my figures are estimated from memory and may not be applicable now but I once read that Citibank processed $1Tn PER DAY in each of their main two clearing houses.

Numbers like this don't mean anything to me.  Its pretty hard to get your head around one million unless you're trying to buy a house in London Cheesy
1149  Alternate cryptocurrencies / Altcoin Discussion / Re: Projects using masternodes in different ways from Dash? on: July 22, 2015, 12:26:14 PM
Obviously Dash use them for mixing/InstantX, but are there any projects using or with plans to use masternodes in other ways?

Spreadcoin intends to use the concept of masternodes to provide decentralised applications and services.  The first service to go live is based on PoBN (Proof of Bitcoin Node) where a Spreadcoin Servicenode owner would be paid 30% of SPR mining rewards in return for running a full bitcoin node. 

Spreadcoin was originally a Darkcoin fork but the masternode part of the code has been totally rewritten to form the new servicenode concept.

Other services beyond providing support to the bitcoin network will follow including decentralised exchange.
1150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 17, 2015, 05:24:20 PM
Turns out that a 1st generation Raspberry Pi can run a Spreadnode fine  Grin

Same for Service Node?

Hello - I would like to tinker with putting a node on my Rpi2 - is there a good tutorial on how to do this?

Hiya

No tutorial yet but I just used a Wheezy image from the RPI web site (remembering to expand the partition to maximum in raspi-config) and followed these instructions:

http://spreadcointalk.org/index.php?topic=710.0

Worked perfectly but you need to set permissions on the spreadcoin data folder to be writeable by the Pi account otherwise you get a file not found error.  It took over 2 hours to compile on the old Pi so I'd be interested to know is the RPI2 is 6 times as fast like they claim Cheesy

Not sure if you'll need a swap file on the RPI2 but you definitely need one on the 1st gen.

EDIT:  The image takes up 4GB so you need a bigger card even though the blockchain is <400MB

Ok very cool - i will try to tinker with it this weekend... Do you know if the spreadcoin miner will work on the Rpi2?  Can it be converted somehow to mine?  I guess it would be like a FPGA?  Just curious.

I reckon the only way you could mine with a RPI2 is to setgenerate true (or gen=1 in spreadcoin.conf) although I think you'd be looking at 6 months between blocks Wink
1151  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 17, 2015, 05:15:48 PM
Turns out that a 1st generation Raspberry Pi can run a Spreadnode fine  Grin

Same for Service Node?

Hello - I would like to tinker with putting a node on my Rpi2 - is there a good tutorial on how to do this?

Hiya

No tutorial yet but I just used a Wheezy image from the RPI web site (remembering to expand the partition to maximum in raspi-config) and followed these instructions:

http://spreadcointalk.org/index.php?topic=710.0

Worked perfectly but you need to set permissions on the spreadcoin data folder to be writeable by the Pi account otherwise you get a file not found error.  It took over 2 hours to compile on the old Pi so I'd be interested to know is the RPI2 is 6 times as fast like they claim Cheesy

Not sure if you'll need a swap file on the RPI2 but you definitely need one on the 1st gen.

EDIT:  The image takes up 4GB so you need a bigger card even though the blockchain is <400MB
1152  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 17, 2015, 04:27:27 PM
Turns out that a 1st generation Raspberry Pi can run a Spreadnode fine  Grin

Same for Service Node?

I reckon a Pi 2 would run bitcoind and spreadcoind simultaneously with no problem.

Question...will a service node be able to be on different devices to a bitcoind node?
1153  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 17, 2015, 04:08:33 PM
Turns out that a 1st generation Raspberry Pi can run a Spreadnode fine  Grin

Code:
{
    "version" : 91504,
    "protocolversion" : 70019,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 485834,
    "timeoffset" : 0,
    "connections" : 20,
    "proxy" : "",
    "difficulty" : 7.67642973,
    "networkhashps" : 743845824,
    "moneysupply" : 3174221.85873166,
    "testnet" : false,
    "keypoololdest" : 1437079394,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

Code:
Tasks:  73 total,   1 running,  72 sleeping,   0 stopped,   0 zombie
%Cpu(s):  0.7 us,  1.0 sy,  0.7 ni, 97.7 id,  0.0 wa,  0.0 hi,  0.0 si,  0.0 st
KiB Mem:    445804 total,   424216 used,    21588 free,    26792 buffers
KiB Swap:  1150968 total,        0 used,  1150968 free,   191688 cached

  PID USER      PR  NI  VIRT  RES  SHR S  %CPU %MEM    TIME+  COMMAND           
 2813 pi        20   0  299m 176m 9172 S   1.0 40.5   2:19.43 spreadcoind
1154  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 16, 2015, 05:08:48 PM

well he does have a time issue:

"timeoffset" : -6



True, but that is only a very minor timeoffset.

As far as I know, this timeoffset is measured in seconds.

Code:
timeoffset: Seconds of difference between this node's "wall clock time" and the median reported by our network peers.

I regularly see time offsets like that on my nodes and on DASH masternodes and it has never caused me a problem before.  I'm not sure at what point a time offset does become a problem though!
1155  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 16, 2015, 09:46:48 AM
Prove me wrong SPR guys, I am still waiting for you to release working ServiceNodes.

Anything else other than that is just a ploy to say "we can't make it work so we will deter our efforts to something else that works and seems better but really is just simple"

I love the fact you troll a thread and don't even bother reading it first.  All in good time, no need to panic.
1156  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 16, 2015, 09:04:59 AM
Both my full nodes, the current wallet and the beta wallet are syncing fine for me.
1157  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 15, 2015, 04:02:05 PM
I would love to make something like this using SPR Service Network (probably via API?)

Study: the Blockchain Can Solve the Music Streaming Industry’s Biggest Problem
http://cointelegraph.com/news/114849/study-the-blockchain-can-solve-the-music-streaming-industrys-biggest-problem

Areas on integration:

Private lessons
Language, music instruments, tutoring.

Online gaming
Competitions, showcasing, challenges.

Movies on Demand
Web series, reality shows, independent films.

Online Courses
Private education, college courses.

Consulting
One-on-one mentoring, troubleshooting, therapy.

Podcasts
Live podcasting, music, audiobooks.

http://www.stremium.io is doing something similar: Stream live video directly to your viewers and get paid instantly.

But I'm thinking integrated wallet functionalities in the player (or vice versa).

Could this be done using SPR Service Nodes once the API is available?

This is certainly something that has been briefly discussed as a future option.  I see no reason that it isn't possible although there are probably a fair number of legal and compliance issues to be addressed to provide such a service.
1158  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 15, 2015, 01:33:50 PM
I hadn't clocked this before:

https://youtu.be/rQ3e1Pzu7iI?t=27m30s

Gavin Andresen saying : without incentives, Bitcoin doesn't work  Tongue

If only somebody had a solution  Cool
1159  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 15, 2015, 08:37:06 AM

Especially since the coin relaunch in May.
1160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | Decentralize Everything (official thread) on: July 14, 2015, 04:38:36 PM
....
or something along the lines of:



 Grin

Ahh, now we know why Stonehedge and Mrs. Hedge came up with service noodles.

That appears to be a picture of spaghetti code, a totally different proposition.
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