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

[georgem]

Hey@ geoegem,  this is camosoul, like for real:

https://www.youtube.com/watch?v=Q_RZnhyMGKU
Throttle up...

...and for my next trick, I'll be pumping Dash.

HAHAHA! I believe you, that is so him!

gunthreadadapters, lol 

[Propagandalf]

Yes, the only thing that concerns you as a servicenode operator is: can you claim the "periodical" reward or not?

That's literally the only "financial" risk you have: that you might be running a servicenode for a period without getting payed for it (because you were kicked, or have a very low score, or something else is broken/invalid)

Next to this financial risk there are ofcourse other risks, like your server getting hacked, or your bandwidth getting throttled down because you have a cheap VPS, etc...

OK, cool. I have never run a full node of anything before, but I saw the posts mentioning the computer and bandwidth requirements some pages back. Will SN server machines run "heavy" like a machine that is mining, with wicked CPU/GPU load etc., or is it mostly data flowing to and from teh internets? This info will come in handy when I go to get some intel from a VPS provider I have in mind.

[georgem]

OK, cool. I have never run a full node of anything before, but I saw the posts mentioning the computer and bandwidth requirements some pages back. Will SN server machines run "heavy" like a machine that is mining, with wicked CPU/GPU load etc., or is it mostly data flowing to and from teh internets? This info will come in handy when I go to get some intel from a VPS provider I have in mind.

Lots of CPU (and disk) load because of constant indexing and hashing/structuring of all the blockchain data coming from all the daemons you will run.
Quite some bandwidth because of all the communications that the servicenodes will have with each other, with the spreadcoin network, and ofcourse all the daemons will cause their own respective traffic too.

No GPU load.

[stonehedge]

I suppose we won't know the specifics until we have been through testnet.

[Propagandalf]

Well, yes, to answer your specific question more directly:
Yes, you might miss out on reward if you have too much SPR in an address. But then again, it's not just about splitting large sums into smaller sums. It's also about successfully operating multiple servicenodes, which isn't childsplay.

I believe you said there will be a tutorial available at a later point. Is there anywhere else I can read up to "prepare" for running a SN?

So, I don't look at it as a risk, but rather a question of reward:
A person that is technically capable of running multiple well-permorming servicenodes should have the possibility to milk the reward multiple times.
BUT: there is a continuous spread of how well he can "thin out" his collateral and spread it over his servicenodes while maintaining a strong claim on each seat.

That makes sense then. I also can't help notice the underlying erotic tone here. LOL.

[georgem]

I suppose we won't know the specifics until we have been through testnet.

yes, lots of parameters to be discussed!

[georgem]

Is there anywhere else I can read up to "prepare" for running a SN?

Currently much help is needed in the "altcoin taxonomy" project:

http://spreadcointalk.org/index.php?board=21.0

If you get involved more in the forum, it will be there where we will have more in-depth discussions.

That makes sense then. I also can't help notice the underlying erotic tone here. LOL.

it's the horny hamster.

[Propagandalf]

Lots of CPU (and disk) load because of constant indexing and hashing/structuring of all the blockchain data coming from all the daemons you will run.
Quite some bandwidth because of all the communications that the servicenodes will have with each other, with the spreadcoin network, and ofcourse all the daemons will cause their own respective traffic too.

No GPU load.

Could you give a rough estimate of what kind of hardware specs a SN machine will need? The specs will of course affect the VPS prices, especially if you are going to go for good enough equipment (so it doesn't melt) and a reliable provider (that doesn't throttle you down).

[georgem]

Could you give a rough estimate of what kind of hardware specs a SN machine will need? The specs will of course affect the VPS prices, especially if you are going to go for good enough equipment (so it doesn't melt) and a reliable provider (that doesn't throttle you down).

Well, we'll have to find out in testnet.

All I can say: for the first testnet sessions it will possible to run a servicenode on your normal computer.
But if you run your servicenode on a server it will get a much better score.

One of the many things I'm currently working on is how this score will be derived.

Just as a reminder:
1) The seat is what enables you to even be considered for a reward.
2) But the score (actual performance of your servicenode) is what will ultimately determine the payment-schedule of your reward.

BTW, 2) is not so much about rewarding top servicenodes even more, but rather about punishing servicenodes that do a crappy job, like having timeouts, not being available (uptime), etc..

[coins101]

Lots of CPU (and disk) load because of constant indexing and hashing/structuring of all the blockchain data coming from all the daemons you will run.
Quite some bandwidth because of all the communications that the servicenodes will have with each other, with the spreadcoin network, and ofcourse all the daemons will cause their own respective traffic too.

No GPU load.

Could you give a rough estimate of what kind of hardware specs a SN machine will need? The specs will of course affect the VPS prices, especially if you are going to go for good enough equipment (so it doesn't melt) and a reliable provider (that doesn't throttle you down).

This was my first thought on performance requirements

https://bitcointalk.org/index.php?topic=1045373.msg13400016#msg13400016

But when it comes to it, I'd go for best available which I can run with a reasonable profit.

[AnotherNode]

Never actually thought I would see Cryptsy die. But zero transactions and it looks like it has flat lined 

[stonehedge]

Never actually thought I would see Cryptsy die. But zero transactions and it looks like it has flat lined 

Speaking of exchanges, let's get listed on some more!

[coins101]

Never actually thought I would see Cryptsy die. But zero transactions and it looks like it has flat lined 

Speaking of exchanges, let's get listed on some more!

Err, let's create our own...no, wait - how would we get listed? 

[Erkallys]

Never actually thought I would see Cryptsy die. But zero transactions and it looks like it has flat lined  

Speaking of exchanges, let's get listed on some more!

Err, let's create our own...no, wait - how would we get listed?  

Being listed on YoBit is really easy. Just send them a request throught CoinAdd. Even if I usually buy my spreadcoins throught Bittrex, being able to buy them from YoBit would really cool ! I could buy more !

[gjhiggins]

Currently much help is needed in the "altcoin taxonomy" project:

Perhaps you could make use of the DOACC metadata?

Fragment from an ongoing convo here: https://bitcointalk.org/index.php?topic=1323807.msg13607445#msg13607445

Cheers

Graham

[georgem]

Currently much help is needed in the "altcoin taxonomy" project:

Perhaps you could make use of the DOACC metadata?

Fragment from an ongoing convo here: https://bitcointalk.org/index.php?topic=1323807.msg13607445#msg13607445

Cheers

Graham

Yeah, I was made aware of your fantastic project 2 weeks ago. Nice piece of work. Very inspiring!

Sadly, I can't use it since your metadata doesn't include info about the more hidden things I need, like blockchain related data (magic bytes, hash, creation time of genesis block, etc..) or official P2P port, etc...

That's why I created this tool here that automatically extracts this information:
GenesisExtractor
http://spreadcointalk.org/index.php?topic=731.0
https://github.com/servicenodes/genesisextractor

Would you like to take a look?

I would love to collaborate with you on this.

If it adds any value to your database, you are ofcourse free to use this tool for your project.
Plus, it's just the first version, I'll add features over time.
I'd love to get your feedback!

[georgem]

Currently much help is needed in the "altcoin taxonomy" project:

Perhaps you could make use of the DOACC metadata?

Fragment from an ongoing convo here: https://bitcointalk.org/index.php?topic=1323807.msg13607445#msg13607445

Cheers

Graham

Also, if you haven't read it already:

http://spreadcointalk.org/index.php?topic=730.0

[Abou Talha]

Never actually thought I would see Cryptsy die. But zero transactions and it looks like it has flat lined  

Speaking of exchanges, let's get listed on some more!

Err, let's create our own...no, wait - how would we get listed?  

Being listed on YoBit is really easy. Just send them a request throught CoinAdd. Even if I usually buy my spreadcoins throught Bittrex, being able to buy them from YoBit would really cool ! I could buy more !

Salut, Erkallys,

Je pense que Spreadcoin est déjà listé sur Yobit.

https://yobit.net/en/trade/SPR/BTC

[georgem]

Salut, Erkallys,

Je pense que Spreadcoin est déjà listé sur Yobit.

https://yobit.net/en/trade/SPR/BTC

Awesome, I'll add the info everywhere.

[gjhiggins]

Also, if you haven't read it already:

http://spreadcointalk.org/index.php?topic=730.0

I did earlier, that's why I posted.

If you haven't read it already:

DOACC docs, https://doacc.github.io/

Cheers

Graham