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Author Topic: [ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming)  (Read 790353 times)
entropycoin
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January 02, 2017, 07:51:12 AM
 #5121

Good summation, it lacks when he mentioned he would be working exclusively on spreadcoin full time...As an early adoper, it's beyond the point of frustration or believability. Georgem is taking a more holistic approach rather than building on anything and as a result the price has suffered and confidence has wavered to the point where delisting from the only exchange it's currently on remains a possibility. There are some great minds behind this project though, like coins101- a visionary in this space, who was instrumental in the early success of dash.

 It ultimately is a coin of low risk high reward potential. Let's look at its price history. Servicenodes in testnet before mr. Spread's departure .0003. A mere mention of georgem's implementation within reach .00018; Almost an order of magnitude from where we currently stand. Imagine where we will be once, 100 more soons from now, servicenodes are actually released to mainnet.

People involved in crypto are generally myopic. That's a dim game to play. I'd rather georgem not address any of this and keep doing what he's doing. I'll wait.

From my perspective, 10m people use Blockchain.info to host a Bitcoin wallet (or they have 10m wallets, whatever your specific point of view), which is a sign something is wrong when you consider there are about 5,500 full Bitcoin nodes.

This is, by its very definition, a market imbalance. Not in terms of technical fear of the network not being able to cope. While there is that. My point of view is that this is a f huge opportunity. It's not a technical imbalance its a market distortion waiting for a solution.

* People don't want to run full nodes. But it's the safest option.

* People do want to run SPV's, in particular through their mobile, but it's the least safe option.

Do you see what I see in that diametrically opposed position?

No?

There are about 1.5bn PC's, but we are approaching 2.5bn smart phones. While PC adoption will plateau, the smart phone will continue to grow towards 5bn users.

So my design for a decentralized (bloody American spell checker on BCT) servicenode network that will create an encrypted link between an SPV and a full node, and then have those full nodes on a super fast rely network, is smack bang in the right space.

In fixing the SPV security model, you fix the Bitcoin lack of full nodes security model. The two positions are no longer diametrically opposed, they are aligned. You've fixed the market distortion, in a decentralized way.

So, I'm waiting to see what will happen before releasing this whitepaper.

The whitepaper is done, I've checked for available technology, it's a great commercial opportunity and it looks like it can address a market distortion enough to generate a business model around it.

Which is why I say, one way or another it will be built.

But lets see what happens next.



I think this is a fantastic direction. Georgem, where are you at with everything? I'd be willing to contribute to a bounty to enlist outside help if necessary.

DRK: Xi2c97ZMtfU2nMeJkY1kD1Ry3tmRnnQfHP
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sitonmythrone
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January 04, 2017, 01:55:11 PM
 #5122

bitcoin moon shyt on coin

dev no release as say

big dump stay happen no dev no worth

baghold big sacks of shyt

Send SPR Dev Jail NOW
Eka_pro
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January 04, 2017, 07:22:19 PM
 #5123

bitcoin moon shyt on coin

dev no release as say

big dump stay happen no dev no worth

baghold big sacks of shyt
are u ok?
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January 04, 2017, 10:25:38 PM
 #5124

let me represent you some very powerful tool:
translate.google.com
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January 05, 2017, 06:29:43 AM
 #5125

bitcoin moon shyt on coin

dev no release as say

big dump stay happen no dev no worth

baghold big sacks of shyt
are u ok?

The evolution of his posts is hilarious

https://bitcointalk.org/index.php?action=profile;u=903909;sa=showPosts

I just wish they were real haikus
sitonmythrone
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January 05, 2017, 07:48:06 AM
 #5126

dev no has big brain

asscoin shyt bed dev do too

baghold mourn no moon

Send SPR Dev Jail NOW
melloyellow
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January 05, 2017, 08:15:07 AM
 #5127

dev no has big brain

asscoin shyt bed dev do too

baghold mourn no moon

Ha, now you're living up to your potential
sitonmythrone
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January 05, 2017, 08:47:59 PM
 #5128

why coin not moon high?

dev not make nodes or other

no buy worthless coin

build poem for inveeestor sad no dev

Send SPR Dev Jail NOW
AnotherNode
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January 05, 2017, 10:05:40 PM
 #5129

I got some presents for you guys that you can unpack next week.  Cheesy

Not sure if trolling  Undecided
PumpMyCoin
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January 05, 2017, 10:12:06 PM
 #5130


Dear SpreadCoin Investors-Developers

We would love to announce that your coin has been added to PumpMyCoin community public Votes.
you can participate in this vote on www.pumpmycoin.com to nominate your coin for the next PUMP.


sincerely
PumpMyCoin Team
We Pump But Never Dump



PUMPDUMP
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{}{}
sirazimuth
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January 06, 2017, 01:16:01 AM
 #5131


Dear SpreadCoin Investors-Developers

We would love to announce that your coin has been added to PumpMyCoin community public Votes.
you can participate in this vote on www.pumpmycoin.com to nominate your coin for the next PUMP.


sincerely
PumpMyCoin Team
We Pump But Never Dump



hey guys! nice job on that there bitcoin pump ! Grin

Bitcoin...the future of all monetary transactions...and always will be
sirazimuth
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January 06, 2017, 01:17:56 AM
 #5132

why coin not moon high?

dev not make nodes or other

no buy worthless coin

build poem for inveeestor sad no dev

i dont know bout yu, but me, well i usually shitonmythrone

Bitcoin...the future of all monetary transactions...and always will be
rhinomonkey
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January 06, 2017, 05:22:23 AM
Last edit: January 06, 2017, 05:37:13 AM by rhinomonkey
 #5133

I got some presents for you guys that you can unpack next week.  Cheesy

Not sure if trolling  Undecided

We have been promised so many things and have thus far seen so paltry few of them come to fruition. Nor even have we received explanations for why (aside from very general non-specific excuses).  Hoping for different results is nearing the point of insanity.



sitonmythrone
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January 06, 2017, 08:09:35 AM
 #5134

dev no worm coin dev

worm coin dev big moon make

wormcoin rise dirt at super moon.

https://www.youtube.com/watch?v=dYTMdlcFiec

wormcoin no baghold here shyt coin.

Send SPR Dev Jail NOW
sitonmythrone
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January 06, 2017, 12:27:54 PM
 #5135

look health worm coin

simple turn coin in worm

dev dev lot things

super moon inveest now

coin here make worm?

Send SPR Dev Jail NOW
just2laff
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January 06, 2017, 02:30:16 PM
 #5136

This is almost like som of my private keys for coins.....
sitonmythrone
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January 06, 2017, 04:38:43 PM
 #5137

dev work on coin serious?

i inveest if coin turn to worm

if no ok too

dev make big moon if dev well?


Send SPR Dev Jail NOW
sitonmythrone
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January 06, 2017, 04:42:19 PM
 #5138


Dear SpreadCoin Investors-Developers

We would love to announce that your coin has been added to PumpMyCoin community public Votes.
you can participate in this vote on www.pumpmycoin.com to nominate your coin for the next PUMP.


sincerely
PumpMyCoin Team
We Pump But Never Dump



big scam come to coin

not big scam as dev

dev seem no care.

not many bitcoin enough pump shytcoin

Send SPR Dev Jail NOW
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January 06, 2017, 07:26:12 PM
 #5139

Not allowing anyone to help out in terms of code or whatsoever, while keeping people (read: community) at a far distance.

That may be a misperception. georgem and I had a difference in opinion over nomenclature and he was quite explicit that his perspective entertained multiple contributors:

http://spreadcointalk.org/index.php?topic=408.msg3068#msg3068

Quote
We will see which dev pushes spreadcoin forward the most, and that guy will get to decide the name.

A segregated approach is a natural outcome of such a perspective and shouldn't necessarily be considered as deliberately exclusionary, merely competitive.

Cheers

Graham
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January 06, 2017, 08:57:11 PM
 #5140

Not allowing anyone to help out in terms of code or whatsoever, while keeping people (read: community) at a far distance.

That may be a misperception. georgem and I had a difference in opinion over nomenclature and he was quite explicit that his perspective entertained multiple contributors:

http://spreadcointalk.org/index.php?topic=408.msg3068#msg3068

Quote
We will see which dev pushes spreadcoin forward the most, and that guy will get to decide the name.

A segregated approach is a natural outcome of such a perspective and shouldn't necessarily be considered as deliberately exclusionary, merely competitive.

Cheers

Graham


If I'm understanding your post correctly, you're suggesting that Georgem operates under the assumption that other devs would want to work on this project and compete with it. His resulting behavior as a developer is thus guided by a strategic effort to box competition out and hold his cards close to his chest?

I would find this hard to believe. Especially because there have been a plethora of opportunities to further this project in ways that would make it more competitive. The protocol of long silences, ignoring many community concerns, and self-imposing seemingly impossible deadlines actually makes the coin more vulnerable to failure (other people taking idea and running with it or some other variation).

Essentially, the inference that Georgem is acting strategically from his segregated approach to development seems entirely incompatible with other behaviors he has exhibited. Not to mention he has never explicitly explained his reasoning for keeping things so obfuscated.

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