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

[coins101]

Q.

Would servicenodes be able to run VPNs as a service, or part of the services they provide?

I know of VPNCoin (never touched one) which has turned into something else:  

https://bitcointalk.org/index.php?topic=789961.msg8902417#msg8902417

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[coins101]

Well, if they increase the size of blocks in Bitcoin, SPR will be a very, very valuable service for distributing the nodes

http://www.technologyreview.com/news/537486/leaderless-bitcoin-struggles-to-make-its-most-crucial-decision/

I'm going to increase the allocation of costs to running bitcoin nodes / incentives in the servicenodes financial plan.

But this is a huge win for SPR. Yes it might cost more in hosting, but its actually a solution to Bitcoins problem of increasing block sizes and avoiding centralization.

Whose up for talking on letstalkbitcoin about this?

[e1ghtSpace]

Whose up for talking on letstalkbitcoin about this?

I was surprised to see that I am subscribed to that podcast. I'm sure that if someone talks on there Spreadcoin will get a lot of exposure.

[coins101]

Great explanation of why sidechains are needed and also the limitations of watering down scarce resources (money) to get something that you want Bitcoin to do but can't:

https://youtu.be/jE_elgnIw3M?t=2m20s

So, long-long-term, Spread could become a bitcoin sidechain?

Building blockchain based businesses on SpreadNode Bitcoin sidechains (well, that rolls off the tongue  )

[stonehedge]

I'm just building a BTC full node and SPR full node on the same VPS using the same IP.  Just for shits and giggles.

[stonehedge]

Blimey.  The BTC blockchain is coming down at 400Mbps and speeding up.

[CHAOSiTEC]

Blimey.  The BTC blockchain is coming down at 400Mbps and speeding up.

i have fullnode bitcoin and spreadcoin running :-) figured i might as well be ready .. lol

[coins101]

Blimey.  The BTC blockchain is coming down at 400Mbps and speeding up.

i have fullnode bitcoin and spreadcoin running :-) figured i might as well be ready .. lol

Looks like VPSs running Bitcoin nodes is the way to go, before you know it:

[stonehedge]

Blimey.  The BTC blockchain is coming down at 400Mbps and speeding up.

i have fullnode bitcoin and spreadcoin running :-) figured i might as well be ready .. lol

So how does this work?  Will Satoshi send me a cheque in the post?

[defunctec]

Blimey.  The BTC blockchain is coming down at 400Mbps and speeding up.

i have fullnode bitcoin and spreadcoin running :-) figured i might as well be ready .. lol

Looks like VPSs running Bitcoin nodes is the way to go, before you know it:

What purpose does it serve to have the bitcoin client running side by side with a SN? What value does it add to SPR?
Seem the value will be added to the bitcoin network and not ours... Infact, forcing users to host one Bitcoin node to one SPR SN is inhibiting to SPR.

Can someone convince me?

[coins101]

The mother ships needs supporting.

Without the mother ship and $millions being spent on crypto infrastructure, we are a bunch of nutters on the internet.

[stonehedge]

The mother ships needs supporting.

Without the mother ship and $millions being spent on crypto infrastructure, we are a bunch of nutters on the internet.

I'm a PoS nutter.

[defunctec]

The mother ships needs supporting.

Without the mother ship and $millions being spent on crypto infrastructure, we are a bunch of nutters on the internet.

Isn't the point of spreadcoin to make its own economy/market place? This should mean 1 SPR has value no matter what happens to bitcoin.

Dash would still be worth something if bitcoin went away. It has it's own user base, has real world function, a profit incentive from masternode.

(Bitcoin isn't going anywhere imo, too many people use it, same as dash).

[coins101]

....
Isn't the point of spreadcoin to make its own economy/market place? This should mean 1 SPR has value no matter what happens to bitcoin.

....

Yes, 100% SPR has its own value.

But when you are offering services, I'll take anyone's money 

It just so happens that BTC is worth $3.3bn and has had nearly $1bn of VC money pumped in over the past few years. A percentage of that will do to start with - 100 BTC / day makes a nice little investment, 1,600 BTC / day makes supercharged nodes and 3,000 BTC / day in transaction volume makes everyone very smug:

https://docs.google.com/spreadsheets/d/1ov0YKQwPzqgkLarfvXWvugzQ3dne3gtkW7-5MV2kHk4/edit#gid=0

[defunctec]

....
Isn't the point of spreadcoin to make its own economy/market place? This should mean 1 SPR has value no matter what happens to bitcoin.

....

Yes, 100% SPR has its own value.

But when you are offering services, I'll take anyone's money  

It just so happens that BTC is worth $3.3bn and has had nearly $1bn of VC money pumped in over the past few years. A percentage of that will do to start with - 100 BTC / day makes a nice little investment, 1,600 BTC / day makes supercharged nodes and 3,000 BTC / day in transaction volume makes everyone very smug:

https://docs.google.com/spreadsheets/d/1ov0YKQwPzqgkLarfvXWvugzQ3dne3gtkW7-5MV2kHk4/edit#gid=0

Sorry I don't follow the 'spread'sheet, "Daily BTC equivalent volume"? Can you explain this? Thanks

Edit: It just clicked

[e1ghtSpace]

Ok, handbrake is compressing my 60GB Sony Vegas export now.
Hopefully it'll be ~70mb when it is done.

The Spreadcoin VPS node video is coming out very soon.

Edit: Handbrake cropped my video, rendering again...

Edit2: Rendering done, uploading to Youtube... URL: http://youtu.be/UFnjAJX-xcE

[Nthused]

Ok, handbrake is compressing my 60GB Sony Vegas export now.
Hopefully it'll be ~70mb when it is done.

The Spreadcoin VPS node video is coming out very soon.

Edit: Handbrake cropped my video, rendering again...

Edit2: Rendering done, uploading to Youtube... URL: http://youtu.be/UFnjAJX-xcE

Link is set to Private...

[e1ghtSpace]

Ok, handbrake is compressing my 60GB Sony Vegas export now.
Hopefully it'll be ~70mb when it is done.

The Spreadcoin VPS node video is coming out very soon.

Edit: Handbrake cropped my video, rendering again...

Edit2: Rendering done, uploading to Youtube... URL: http://youtu.be/UFnjAJX-xcE

Link is set to Private...

No, it is uploading, it just appears that way... 19 minutes remaining.

[e1ghtSpace]

How to Setup a Spreadcoin VPS Node to Support the Network (step by step video)

[Belligerent Fool]

An what does this SpreadCoin VPS Node accomplish ?

Anything a normal node can't do ?