[ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming)

[stonehedge]

^^^Communism  

Coinunism.

[stonehedge]

Just for convenience of future reference:

Bitcoin Core Development Bounty:  15K SPR

Coins101: 5k SPR
Minerpage:  5k SPR
Stonehedge: 5k SPR

snip

ok, this is what im going to do, i will fork bitcoin core on my github page, enyone who wants to help, use that as a base, and send a merge pull request to me, and i will include whatever work has been done from you, when we have something that seems like its done, we are going to do some heavy testing on testnet to make sure there is no promlem with the new client

repo is at https://github.com/FireWalkerX/spreadcoin-core

[georgem]

George, I have another question about the current proposed "auction" model for service nodes.

If each service node will be running the service(s) chosen by the owner of that node, how can the service node network guarantee quality of service for a particular service?

For example, if there were 800 service nodes in the spread and only 50 of those nodes provided a particular service, what could we do to make sure that 25 of those nodes wouldn't be dropped by the spread thus affecting quality of service.  This is a particularly pertinent question because if there will eventually be a variety of services on offer, each service will probably provide different income to the service node operator thus affecting the affordability of running a node providing that service.

Is it as simple as saying that the model decides which services are viable to operate?

Every servicenode will be encouraged to run every service that exists. In parallel on the same machine.

Or else the node will receive negative score points for every service that is missing.
Only if you run 100% of all available services will you receive the full 30% share of the mining reward. (or whatever we will choose)

So in your example you must explain why 750 of the 800 service nodes decided to not run that particular service.

This is something that should not happen voluntarily (but maybe because of other reasons?), because why would they want to miss the extra SPR?

[CHAOSiTEC]

Just for convenience of future reference:

Bitcoin Core Development Bounty:  15K SPR

Coins101: 5k SPR
Minerpage:  5k SPR
Stonehedge: 5k SPR

and use my github for merge requests

[stonehedge]

George, I have another question about the current proposed "auction" model for service nodes.

If each service node will be running the service(s) chosen by the owner of that node, how can the service node network guarantee quality of service for a particular service?

For example, if there were 800 service nodes in the spread and only 50 of those nodes provided a particular service, what could we do to make sure that 25 of those nodes wouldn't be dropped by the spread thus affecting quality of service.  This is a particularly pertinent question because if there will eventually be a variety of services on offer, each service will probably provide different income to the service node operator thus affecting the affordability of running a node providing that service.

Is it as simple as saying that the model decides which services are viable to operate?

Every servicenode will be encouraged to run every service that exists. In parallel on the same machine.

Or else it will receive negative score points for every service that is missing.

So in your example you must explain why 750 of your 800 service nodes decided to not run that particular service.

This is something that should not happen.

I was thinking about local laws preventing a service node operator from choosing to operate a particular service.  I like the concept of all snodes providing all services though.  

[stonehedge]

Just for convenience of future reference:

Bitcoin Core Development Bounty:  15K SPR

Coins101: 5k SPR
Minerpage:  5k SPR
Stonehedge: 5k SPR

and use my github for merge requests

I've updated my post.  Cheers.

[georgem]

George, I have another question about the current proposed "auction" model for service nodes.

If each service node will be running the service(s) chosen by the owner of that node, how can the service node network guarantee quality of service for a particular service?

For example, if there were 800 service nodes in the spread and only 50 of those nodes provided a particular service, what could we do to make sure that 25 of those nodes wouldn't be dropped by the spread thus affecting quality of service.  This is a particularly pertinent question because if there will eventually be a variety of services on offer, each service will probably provide different income to the service node operator thus affecting the affordability of running a node providing that service.

Is it as simple as saying that the model decides which services are viable to operate?

Every servicenode will be encouraged to run every service that exists. In parallel on the same machine.

Or else it will receive negative score points for every service that is missing.

So in your example you must explain why 750 of your 800 service nodes decided to not run that particular service.

This is something that should not happen.

I was thinking about local laws preventing a service node operator from choosing to operate a particular service.  I like the concept of all snodes providing all services though.  

Yes, good point.

But we can assume that the majority of service nodes will always move to a region where they are "allowed" to run a particular service.
(or where civil disobedience is practiced widely and openly ---> no need to ask for permission.   )

Why would the majority decide to move the servers to a region where a service is forbidden? Doesn't make sense.

Therefor the majority will always prevail, and the nodes that can't run a particular service will always be the minority.

And if this can't be guaranteed we should get rid of that particular service.


EDIT: If you look at the world map, you find either places where there is still very much freedom, or places where there is not much freedom to do anything.
So we can expect that most of our servicenodes will always move to the places on earth with the most freedom (or the most motivation for civil disobedience).

[Lebubar]

Ok guys so it turns out every time I sell my coins, the price jumps up.
I sold at 12k and was hoping to get in at 10k but you can see what happened.
I'm just going to give up on trading. I'm not going to buy spreadcoins anymore, I'll just keep my 400 I have in my wallet on my PC and keep collecting coins from bounties.
Hopefully the price goes down to 0.00003000 again and then I'll buy.

It will only do that after another Dead Cat Bounce.

I don't understand this daily trading, on a coin your are defending and investing...

Not sure that give any benefice on the coin. (apart maybe increasing the volume).

[Halofire]

Ok guys so it turns out every time I sell my coins, the price jumps up.
I sold at 12k and was hoping to get in at 10k but you can see what happened.
I'm just going to give up on trading. I'm not going to buy spreadcoins anymore, I'll just keep my 400 I have in my wallet on my PC and keep collecting coins from bounties.
Hopefully the price goes down to 0.00003000 again and then I'll buy.

Cry us a river.

[pookielax31]

Gonna be fun weekend I got more BTC inbound 

[stonehedge]

Gonna be fun weekend I got more BTC inbound 

Good luck with that...market is pretty tight!

[stonehedge]

A bit off topic but relevant to Bitcoin nodes

http://gavinandresen.ninja/utxo-uhoh

[sdef2]

quick question; is there some kind of reward for running a node ?
(apart from supporting the network ofcourse)

[stonehedge]

quick question; is there some kind of reward for running a node ?
(apart from supporting the network ofcourse)

For full nodes, nothing but the warm fuzzy feeling of satisfaction.

I wonder if full nodes could be rewarded in some way?  I guess they'd have to provide an added value service on top of simply being a node...

[coins101]

A bit off topic but relevant to Bitcoin nodes

http://gavinandresen.ninja/utxo-uhoh

I'll drop him a line.

[coins101]

quick question; is there some kind of reward for running a node ?
(apart from supporting the network ofcourse)

Assuming you mean 'masternodes', which we call servicenodes, then yes, but no details yet.

[stonehedge]

quick question; is there some kind of reward for running a node ?
(apart from supporting the network ofcourse)

Assuming you mean 'masternodes', which we call servicenodes, then yes, but no details yet.

Sorry sdef2, I assumed you were referring to running a full spreadcoin node.

[ivcelmik]

Just for convenience of future reference:

Bitcoin Core Development Bounty:  15K SPR

Coins101: 5k SPR
Minerpage:  5k SPR
Stonehedge: 5k SPR

and use my github for merge requests

I've updated my post.  Cheers.

1k Spr from here for the bounty

[sdef2]

quick question; is there some kind of reward for running a node ?
(apart from supporting the network ofcourse)

Assuming you mean 'masternodes', which we call servicenodes, then yes, but no details yet.

Sorry sdef2, I assumed you were referring to running a full spreadcoin node.

thanks. i might just fire up a vps for fun anyway with that guide that was posted earlier

[Lebubar]

quick question; is there some kind of reward for running a node ?
(apart from supporting the network ofcourse)

Assuming you mean 'masternodes', which we call servicenodes, then yes, but no details yet.

And will you still on the first idea of the dynamic SPR needed to create one?

(I guess yes as georgem was a big fan of this feature;) )

EDIT: also if I remember well on the first implementation of Mr Spread of "ServiceNode", it was possible to create various SN within the same wallet. If you can remove this feature : aka :1 server = one SN.