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

[rhinomonkey]

http://coincurrencynews.com/2016/02/29/editors-pick-for-march-spreadcoin-spr-risingstar/

Cool to get some ink despite many typos within it haha

[Abou Talha]

http://coincurrencynews.com/2016/02/29/editors-pick-for-march-spreadcoin-spr-risingstar/

Rising star... Glad to hear that.

[coins101]

I'm super excited about zero knowledge contingent payments. I stated many pages back that zero knowledge proofs was probably the way to go with PoBN and I am even more confident that it can indeed help with validating PoBN.

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

How would it work? Well, lets see:

1. SPR network to an SPR SN / Bitcoin node operator - hey, I want to give you a reward for running a Bitcoin full node.

2. SN Operator - Wow, thanks. Hit me with those rewards.

3. SPR network to an SPR SN / Bitcoin node operator - Sure, but first...do you really have a full Bitcoin node?

4. SN Operator - Do you really need to ask, me of all SNs?

5. SPR network to an SPR SN / Bitcoin node operator - Yes. Sorry, about that. What's the hash of your unique download serial number from the official repo and the last n blocks?

If a SN can answer these questions or variants of these types of questions, the SPR network can validate the answer easily and the node can get paid automatically.

[Amph]

what is the hashrate of the 970 here?

[Abou Talha]

what is the hashrate of the 970 here?

22426 posts.

[Amph]

what is the hashrate of the 970 here?

22426 posts.

ah yeah i'm the number one poster here, but aside from this, it appear that this coin is profitable or i'm missing something

searchign in the web i've found that 1 970 do 3M(1/100 of the total net), and the exchange rate is 10k satoshi

now i'm not sure how many coins are prodced per day, but at 6.6 coins per block and a blocktime of 1 minutes, should be 9600, so 1/100 of that is 96 coins per day with a single 9700, is this correct?

[rhinomonkey]

what is the hashrate of the 970 here?

22426 posts.

ah yeah i'm the number one poster here, but aside from this, it appear that this coin is profitable or i'm missing something

searchign in the web i've found that 1 970 do 3M(1/100 of the total net), and the exchange rate is 10k satoshi

now i'm not sure how many coins are prodced per day, but at 6.6 coins per block and a blocktime of 1 minutes, should be 9600, so 1/100 of that is 96 coins per day with a single 9700, is this correct?

Each block produces about 5.3 coins. So more like 7,600 or so per day

BTW, Welcome!

[Abou Talha]

I'm not sure, but I think there is something like 8000 SPR per day. There isn't 6.6 SPR per block ; but only 5.3 SPR. The halving is going smoothly. Now, the price is very cheap and big things are coming ; if I was you, I would place a buy order at 10k or more.

[rhinomonkey]

I'm super excited about zero knowledge contingent payments. I stated many pages back that zero knowledge proofs was probably the way to go with PoBN and I am even more confident that it can indeed help with validating PoBN.

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

How would it work? Well, lets see:

1. SPR network to an SPR SN / Bitcoin node operator - hey, I want to give you a reward for running a Bitcoin full node.

2. SN Operator - Wow, thanks. Hit me with those rewards.

3. SPR network to an SPR SN / Bitcoin node operator - Sure, but first...do you really have a full Bitcoin node?

4. SN Operator - Do you really need to ask, me of all SNs?

5. SPR network to an SPR SN / Bitcoin node operator - Yes. Sorry, about that. What's the hash of your unique download serial number from the official repo and the last n blocks?

If a SN can answer these questions or variants of these types of questions, the SPR network can validate the answer easily and the node can get paid automatically.

Thanks for breaking that down, lol. Sounds like your prediction was right not too long ago

[defunctec]

I'm not sure, but I think there is something like 8000 SPR per day. There isn't 6.6 SPR per block ; but only 5.3 SPR. The halving is going smoothly. Now, the price is very cheap and big things are coming ; if I was you, I would place a buy order at 10k or more.

Full of it you mate.

[rhinomonkey]

I'm not sure, but I think there is something like 8000 SPR per day. There isn't 6.6 SPR per block ; but only 5.3 SPR. The halving is going smoothly. Now, the price is very cheap and big things are coming ; if I was you, I would place a buy order at 10k or more.

Full of it you mate.

Unless Georgem literally can't do what he intended to do there's no reason for price to go lower than this. We are further along than we were 4 months ago. Seriously, at this point it is just a matter of time. He has been very clear he is staying aboard the ship! We have a very good Captain, even if it might appear he's been like Jack Sparrow navigating with a compass that doesn't work.




In other words!

https://www.youtube.com/watch?v=hlUx60oVEAI

[entropycoin]

I'm not sure, but I think there is something like 8000 SPR per day. There isn't 6.6 SPR per block ; but only 5.3 SPR. The halving is going smoothly. Now, the price is very cheap and big things are coming ; if I was you, I would place a buy order at 10k or more.

Full of it you mate.

The reality is this coin is undervalued when you consider this project is currently in active development, has several unique implementations, and a road map for profitability.  It doesn't matter how long that takes.  Look at spr vs comparable in terms of market cap coins.  It's clear you sold your coins and are looking to buy in cheaper.  If it drops to 7k, I and a host of others will be buying as well, so good luck.  I certainly won't be selling at this rate. 

[Amph]

what is the hashrate of the 970 here?

22426 posts.

ah yeah i'm the number one poster here, but aside from this, it appear that this coin is profitable or i'm missing something

searchign in the web i've found that 1 970 do 3M(1/100 of the total net), and the exchange rate is 10k satoshi

now i'm not sure how many coins are prodced per day, but at 6.6 coins per block and a blocktime of 1 minutes, should be 9600, so 1/100 of that is 96 coins per day with a single 9700, is this correct?

Each block produces about 5.3 coins. So more like 7,600 or so per day

BTW, Welcome!

this is more than 100 coin per day with a single 970, really nice profit

[spready]

what is the hashrate of the 970 here?

22426 posts.

ah yeah i'm the number one poster here, but aside from this, it appear that this coin is profitable or i'm missing something

searchign in the web i've found that 1 970 do 3M(1/100 of the total net), and the exchange rate is 10k satoshi

now i'm not sure how many coins are prodced per day, but at 6.6 coins per block and a blocktime of 1 minutes, should be 9600, so 1/100 of that is 96 coins per day with a single 9700, is this correct?

Each block produces about 5.3 coins. So more like 7,600 or so per day

BTW, Welcome!

this is more than 100 coin per day with a single 970, really nice profit

With 3 MH/s with the current difficulty / reward you'd get 55.87022269 SPR / day. And you have to consider the hash rate spiking many times a day so it's a lot less than that.

[Amph]

what is the hashrate of the 970 here?

22426 posts.

ah yeah i'm the number one poster here, but aside from this, it appear that this coin is profitable or i'm missing something

searchign in the web i've found that 1 970 do 3M(1/100 of the total net), and the exchange rate is 10k satoshi

now i'm not sure how many coins are prodced per day, but at 6.6 coins per block and a blocktime of 1 minutes, should be 9600, so 1/100 of that is 96 coins per day with a single 9700, is this correct?

Each block produces about 5.3 coins. So more like 7,600 or so per day

BTW, Welcome!

this is more than 100 coin per day with a single 970, really nice profit

With 3 MH/s with the current difficulty / reward you'd get 55.87022269 SPR / day. And you have to consider the hash rate spiking many times a day so it's a lot less than that.

one 970 with the correct miner can do 4800, so 50% more than 55 coins, which is 82-83, basically aroun 0.008 btc per day, almost like ethereum, which is 0.01

[georgem]

Georgem, for your first update can you make sure that you address individual concerns?  

No, the update I'm preparing will be a purely technical one.
Me talking to the community about dev work.
That's what people are waiting for, and that's what they will get.

But we can talk about your own individual concerns right here, publicly and anytime.

Don't use Slack for this. I literally spent 50 hours during January addressing your concerns on Slack. No more of this!  

So, what was your concern again?

My only criticisms are that communication is non existent and progress isn't reported.  This makes it very hard to contribute.

How can a team work together if they have no idea what the lead dev is doing?

I mean besides that?

Didn't we agree to research Big Data so we can find a methodology that respects both privacy and decentralization?
Why has there not been any activity in this area?

http://spreadcointalk.org/index.php?board=23.0

I thought by now we would be having a pretty heated discussion going on in this subforum. (as has happened in slack)
You know, dissecting the proposal piece by piece, addressing every issue, discussing legalities, concepts, problems, etc..

Why isn't this happening? How exactly is my dev work stopping you from continuing your research?

How can a team work together if they have no idea what the lead dev is doing?

I mean, I created a well thought out roadmap:

http://spreadcointalk.org/index.php?topic=735.0

and definied a few research areas so that people who want to contribute can help in a more specific way:

http://www.spreadcoin.info/community.php

But still, you keep asking that question.

Anyway, I'll just have to improve this even further I guess.

Weekly dev podcast it is!

[georgem]

I'm super excited about zero knowledge contingent payments. I stated many pages back that zero knowledge proofs was probably the way to go with PoBN and I am even more confident that it can indeed help with validating PoBN.

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

This sounds indeed groundbreaking!

[georgem]

http://coincurrencynews.com/2016/02/29/editors-pick-for-march-spreadcoin-spr-risingstar/

Cool to get some ink despite many typos within it haha

Nice,
after all this FUD,
it's nice to read this.
 

I totally support georgem. Why is there so many critics these times ? Such a project take a lot of time, and anyone can contribute without asking the permission ...

Thanks. Indeed it takes a lot of time, especially if you want to do a thorough job, and do things differently than your average copy/paste dev.

[coins101]

....snip

Zk-snarks are probably the way ahead. Nodes can take their time to verify what they contain and then issue a proof every couple of hours.

http://crypto.stackexchange.com/questions/19884/what-are-snarks

no, wait. I really did say this was the way to go. 

[rhinomonkey]

Anyway, I'll just have to improve this even further I guess.

Weekly dev podcast it is!

You mean we get to listen to your voice?  

Also, is there a set day that you will do this every week?