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1401  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 29, 2015, 03:17:25 PM
Please dump a little more i still got a few orders to fill Grin

You can fill quite a few of those asks and still get a bargain you know Cheesy
1402  Alternate cryptocurrencies / Altcoin Discussion / Re: The Story of Bob Surplus on: April 29, 2015, 03:15:10 PM
We all did stupid things, bro. Joining the Heritage Front is in a league of its own. I'm surprised you would play with this clown tbh.

Bro.. People change.. Murderers Change, Crack dealers change, racists change... If he was a pedo it would have been game over.. But a neo nazi as a kid, i can live with that... I was a fucked up kid myself dude and some of you would say things I did were in a league of their own too.

Anyway.. Im no Adam fanboy.. I just see an angle here that some of you are missing I guess.

I dunno. So long as you can live with it I guess. I draw my line at Nazis, you draw yours after. What can I say? Good luck Sad

Once a snake, always a snake.

Dont worry mayor. Anyone who has been here long enough knows that bob is just a shit stain on the crypto scene


I'd genuinely like to know how many people on here who proclaim Bob to be a shit stain have a remote idea of what his involvements and dealings are compared to those who may have a genuine grievance against him.

The man's good at making money.  If he's broken the law doing so, then talk to LEA.  If you're just pissed off that he made some money from you then maybe its time to focus some of your anger into your own game.

If Bob is a shit stain, he's not the only shit stain in crypto.  He's not even the only shit stain who has posted on this page proclaiming that Bob is a shit stain.  The altcoin scene is a mess right now, full of scams, P&Ds, thousands of people after a quick buck and a handful of honest projects desperately trying to keep some visibility so they can hopefully one day innovate and those "honest" projects are full of people wanting to make a quick buck.  Even some of the good projects are starting to start fights with each other in a desperate attempt to get ahead (see various anti-DRK/Dash threads everywhere).

As far as I can tell, Bob takes a lot of flack for being one of the more successful shit stains in crypto.  I say this because I can count the number of people I know to be trustworthy and not in it for money in this industry on my fingers.

1403  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 29, 2015, 03:00:04 PM
Well, i havnt had that much time yet to look into things, still finishing up my other job with making the alcheminer firmware behave, (Was hijacked for this job and send a dev machine to work on) which seems to come to an end soon :-)

then i will be ready...

1404  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 29, 2015, 02:30:31 PM
Jesus guys, the Ann will come when it's ready. You can't ask for the pie, eat it, then steal the pie bakers wife and bang her all in one. Roll Eyes

You don't know until you try...

what? ...

the pie - the wife - or the ann? ...

Wink ...

#crysx

Loomdart's post sounds like something from the heady heights of my student days.
1405  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 29, 2015, 01:52:20 PM
Jesus guys, the Ann will come when it's ready. You can't ask for the pie, eat it, then steal the pie bakers wife and bang her all in one. Roll Eyes

You don't know until you try...
1406  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 29, 2015, 09:23:08 AM


everyone can see that spr has some huge potential ... why the hell wouldnt they bulk up? ...

Wink ...

#crysx

No new ANN thread yet so not everyone can see that yet Smiley

I heard George spent last night chatting with idiots who don't understand masternode scoring on BCT instead of finishing the web site and preparing the ANN.  Roll Eyes  
1407  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: April 29, 2015, 09:20:45 AM

It didn’t, and the reason it didn’t is what adversaries would prefer not to discuss.


I thought it was because we are all brainwashed followers of a cult lead by Evan.  Our adversaries post in this thread saying this all the time  Wink
1408  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 29, 2015, 08:17:47 AM
Today feels like a new ANN day...

 Cool

No way, I have way more distractions for him Cheesy
1409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 09:32:02 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.

Oh yeah. I signed up for bittrex this evening, volume looks much much better.
Looks very promising.
I am not keeping coins there for long at the time, I do know that exhange, so it is better to get the coins safely back in the wallet asap Smiley


They seem to be pretty good. Just make sure to use their 2FA.

I had an issue with my 2FA a few months back. I created a ticket and I had several emails with their support. They were pretty decent and the issue with something to do with my clock being out of sync with theirs, or something. Reset my clock and it was good to go.



They were pretty good solving my 2FA problem when I lost my phone recently too.  So far, I quite like Bittrex.  Not to be confused with http://www.bitrex.com/
1410  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 06:21:15 PM
Fine!  Decide to stop answering questions just as I start to understand things Wink
1411  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 06:20:13 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
than we shouldn't look at this guy as somekind of menace but as a really generous person.

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.
so they will take away his seats very easily in 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.



I like it in lots of ways but I don't like it in terms of how easy to manage this would be for the node owner whether he/she is a billy-big-bag or a Terri-2-nodes.

From my point of view, I want to put my SPR to best use to maximise the strength of the network but I'd also like to be able to do this with reasonable assurances that should I be called to give evidence at the Hague (just grabbing random scenarios) for a week and unable to constantly monitor the position of my nodes in the spread, that my nodes aren't going to be costing me FIAT but not earning me SPR.  Its a two sided deal.  Service nodes get paid SPR for providing a service and those nodes costs the owner FIAT to run.

I would like to think that I would be on the altruistic spectrum of servicenode operators but if I've got 100 vps buzzing away in the cloud I would like to think that the systemic design would consider ease of management for the servicenode operators to minimise the chances of me being out of pocket.

One thing I could do is create a "bot node" that would monitor the network spread and my own "hive" of service nodes and top up their balance if one gets kicked.   Would this be considered gaming?  Obviously the bot node would need to have a hopper full of SPR...
1412  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 05:42:53 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?
1413  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 04:43:04 PM
That said, it's clear the servicenode eco-system needs a lot of thought, discussion and planning. In addition to design, development, testing and release management Smiley

I'm not sold on it but then again there won't be a point where everybody is.

The next few months are going to be fun.  Grin
1414  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 04:37:36 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 DASH price moves to 20$?

How can a masternode price o 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.

SPR will solve this problem by not setting a fix requirement (expect maybe for an absolute minimum of 100 SPR or even lower).

Thanks, much appreciated.  

I need to think about this some more.   I don't understand how having a variable "entry requirement" prevents those with more money than us from buying more SPR thus reducing available supply and driving up price.  Either approach seems to lead down the same road.  

I'm not suggesting that is a bad thing, its just that I'm trying to figure out in my mind how to draw up a table showing the pros and cons of both methods.  Servicenodes/masternodes both take coins out of circulation and both reduce supply to a certain extent.

BINGO.  I get it.  I really am thick sometimes.  I'd delete the above but I thought I might as well show my (lack of) thought process.

I was about to ask what if SPR rose to $20?  In essence it wouldn't matter by using the SPR approach.

I'm finding it hard to stop thinking like a one time darkcoin baby-whale.  If somebody told me that my lets say 50 masternodes could be happily providing a good service but then the threshold to be selected for payment changed so that my masternodes would need 1007DRK I would be freaked.

I apologise for taking ages to get my head around this.  I am a disciple of the DRKside.
1415  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 04:09:43 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 this is exactly the wrong way.
They get payed their fair share ANYWAY (30%), and if it 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)

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?  Lets look at it another way, given that Dash has had a 1 yr head start in effect, has their 1000DRK requirement taught us anything that we need to learn from?

On another note, I can't wait for testing to begin again.  
1416  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 03:51:19 PM
got interested in the coin a while ago, stopped following,.... sorry to barge in here, but any insight would be appreciated.


can anyone give me a summary as to why a masternode system was started?

Also, is this coin still pool resistant? There was rumor a while back that someone found a way around it.

Also, if the masternode thing is true, and its imported from dash, is there anything in place to prevent masternode stake pooling?

Hi,

You're not barging in at all.

I wasn't closely involved with SPR but I think I can answer one of your questions.

At least one SPR pool exists however there is the major caveat that these pools require full trust between all of the miners.  The way the SpreadX11 algorithm works means that the private key has to be shared with all members of the pool which means that any miner could steal the entire pool's coins at any time.  So yes, a workaround was found but it is not considered to be a viable option beyond a group of close friends.

Please note that a new ANN thread is planned for SPR.  We're hoping this to happen today but no deadlines are set Smiley

I hope this helps.

Dan
1417  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes on: April 28, 2015, 03:15:44 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.

Hasn't Dash just introduced a masternode scoring system that takes up-time and QOS into account or did I dream that?

1418  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: will dash put pressure on shapeshift.io to remove ad from coinmarketcap.com? on: April 28, 2015, 01:21:53 PM
Sorry, can't hear you Icebreaker.  Your posts make me feel too sad for you.
1419  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: will dash put pressure on shapeshift.io to remove ad from coinmarketcap.com? on: April 28, 2015, 01:13:59 PM
And it's gone  Roll Eyes


Guess they'll have some excuse lined-up now.

I wonder if the decision would have stuck had Gliss been able to look at the people making the accusations towards Dash and see that they had acted with integrity and were a credible source of information rather than a bunch of hate filled trolls who think that DashHole is funny.
1420  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: April 28, 2015, 12:57:45 PM
bigrcanada, nice post on the CMC forum.

I fear that poor Gliss might cop some backlash now on his decision.

https://bitcointalk.org/index.php?topic=199685.4120 


I don't know, Gliss is at least being open about the decision making and options available...
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