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

[georgem]

Good luck with that mate. I though you were one of the cockroaches!

coins101 has been very supportive.
And what's even more important: I have never seen coins101 overreact or throw a tantrum or something like that.

Just because someone disagrees with me (even harshly) or has different (or even opposing) ideas, doesn't make him a cockroach.

Cockroaches are an interesting species to study btw.
But so are other species.

Hm, maybe this is the "zeitgeist" again trying to tell us something here?
You guys know that I am also very much interested in altcoins in general (what I call "altcoin taxonomy")
and the spreadwallet already allows me to take a closer look at the protocol of many different coins,
which should help me find better solutions for spreadcoin.

So.... as a consequence of all that has been happening in this thread lately,
maybe I should also spend some time studying "investor taxonomy" or something like that?

Just to get a better idea about the flora and fauna of this "altcoin jungle" here and what drives people?



 

[1714512440]

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[stonehedge]

coins101 has been very supportive.
And what's even more important: I have never seen coins101 overreact or throw a tantrum or something like that.

Some might think he has invested a huge amount of time and money into this project and wants to see some return for his money. Being publicly supportive of you is the only chance he has.  And, to be fair, he's a very loyal chap.

[coins101]

coins101 has been very supportive.
And what's even more important: I have never seen coins101 overreact or throw a tantrum or something like that.

Some might think he has invested a huge amount of time and money into this project and wants to see some return for his money. Being publicly supportive of you is the only chance he has.  And, to be fair, he's a very loyal chap.

So I've had a few weeks to reflect. There is the ember of an idea to progress with Bitcoin full node support. But let's see what the next few weeks will bring.

But.

It is a wicked idea  

[georgem]

Pretending is exactly the key word here.

Coins101 is one of the very best in crypto at what he does.  His ideas are right up there with some of the biggest names in the industry.

As they say around these parts, *Cough*  

I was going to say don't let it go to your head...but you've called a lot of things accurately.. who knows, maybe spread will be one of them.

I will address your whitepaper and its relation to spreadcoin next.
But please allow me some time, I am working on that first early preview version of the spreadwallet for my patrons right now.

[stonehedge]

If somebody wanted to see the preview wallet, how much would they have to pay you?

[georgem]

If somebody wanted to see the preview wallet, how much would they have to pay you?

surprise me.

Anything that I can put to good use is appreciated.
I would be most appreciative of people who make regular donations.

But different people are in different financial situations.

I've seen people who have only been able to make small donations, but they have been very supportive of Spreadcoin so far (no fud, no trolling ever).
I value that too, so I will also take the general behavior of a person into account.

Also, If I see someone who helps Spreadcoin in some other way, for example by creating art or videos or putting together an android wallet or any such contribution (surprise me), then I will be tempted to give this person updates about the preview wallet for free anyway.
Provided that this person keeps delivering. :-)

I'll help those who help spreadcoin and me.

BTW, I'm still looking for ways to sell my current SPR holdings, so that I can put the money to good use right away.
I would like to kickstart the spreadminer (customizable miner) and p2p-network-testenvironment (raspberry-pi-cluster).
I've thought about it, it is probably not the best idea to sell all those holdings to one guy at once, so it might make more sense to slowly sell some of it off on the exchange while telling you what I plan to do with it.

So I take back what I sad earlier that I'm not going to sell on an exchange.
Actually, it's what would make most sense.

I'll keep you updated.

And BTW, if someone is still confused why a dev would sell his current coin holdings, you are ofcourse free to help me refill my address any time. (my holdings and my donations address are one and the same)

Friendly reminder: My goal is not to arbitrarily sell SPR, but to put them to good use FOR spreadcoin.

[georgem]

If somebody wanted to see the preview wallet, how much would they have to pay you?

I suggest you wait until I send a preview wallet to minerpage, just2laff, pokeytex, etc.. and then you make a decision based on their feedback.

Soon I will not be the only one who posts screenshots or makes videos about the spreadwallet.

[defunctec]

I'm skeptical of the idea, on the surface it sounds like destined to self-implode with imbalanced incentive models, but - I also read about Bitcoin in 2009 and thought it was a gimmick or just a neat experimental idea - I didn't see the big picture nor truly understand the potential.

So I'm open to his idea despite initially finding it odd -- I just at this point am starting to wonder if he has the development knowledge to put the ideas discussed into a real implementation. I'm starting to think that he's a front-end guy and not exactly up front about his limitations, thinking he can learn as he goes, so I'm curious if there's any real work beyond UI and pre-existing services using pre-existing APIs. People can learn on the job, but is he working at it? Is there anything that's not front-end being actively developed/tested?

I'm afraid it's fairly obviously a "no".

Could you address this guy? He's practically asking the same question I asked about the wallet working in a live environment.
Stop hitting soft balls around  

[stonehedge]

Doesn't the 150,000 SPR donation plus and months of my time combined with no FUD and trolling buy me anything?

I invested a significant amount of FIAT too although I can't complain about that because I had the foresight to sell my stack when you first started to insult me and indicate that you weren't going to deliver so I'm the rarest of things....a Spreadcoiner who profited.

Since donating you those SPR you actually haven't shown me anything other than pictures.

Or are you going to write me off as a troll or FUDder because I'm questioning your commitment to the project?

Her everybody, donate to georgem and he might show you a preview of what he is working on but if he decides he does't like you then you won't get anything in return!

[georgem]

Doesn't the 150,000 SPR donation plus and months of my time combined with no FUD and trolling buy me anything?

Why yes, ofcourse.  

That's what I was talking about all the time... sigh.

So, am I allowed to start selling from my SPR holdings (so that I can actually put it to good use), without everyone freaking out around here?  

Ok, I will start doing this now.  

1 sec, I will place an order.

[georgem]

So, I placed an order to sell 10k SPR at a price of 1560 satoshis. (ca 0.014$)



This will equate to ca 140$ (at a price of 900$ / BTC), so that I can do the following:

1) Buy 2x Raspberry Pi 3 for a price of 45 $ each.
2) Buy 2x SanDisk microSDHC-Cards (16 GByte) for 15$ each
3) Buy some USB and Patch cables needed in bulk (20$)

Once this deal has been concluded I will consider you stonehedge a patron for the rest of the month plus all of february.

[georgem]

...if he decides he does't like you then you won't get anything in return!

Believe me, if I don't like you I will very clearly explain why.
And I will ask you to explain yourself.
And if you don't give me a good explanation but behave like a petulant child, I will NOT waste my time.

If I see you misbehave (troll, fud, try to derail the situation) why should I continue to cooperate with you?  

Agreements like that work both ways.

You already told me that you don't care about principles and that bitcoin is basically a shitcoin. (oh wow)
So my expectations are not very high.
But maybe you will surprise me.  

[georgem]

I updated the goals and reward section on my patreon page:

https://www.patreon.com/hamsterinthemachine

It will serve as a guideline for how I reward my patrons and how your support will help me achieve the first goal that I am focusing on. (500$ a month)

I will add more rewards and more goals as we move forward. Let's keep it simple for now, and see how this goes.

If you want to support me with fiat money do it through patreon directly.
If you want to send me BTC or SPR please use the donation addresses in my signature. (I will count the $-value of your donation to the current month)

If you want to support spreadcoin in other ways, tell me about it, and I just might give you something of equal value back.  

Thanks everybody for your support.

[CryptoSporidium]

Decentralisation is the key ingredient for crypto, and I actually agree that a patronage funding mode for experimental work is in some ways better than an investment based one. Both are still based on an exchange taking place, but with patronage both parties remain free to widen their definition of success to include much more than ROI, whereas with investments both parties are locked in to expectations of financial return only, so true creativity is stifled. You can clearly see this in art, modern music labels and film studios tend to be investment based, and results suffer, a guy investing 10M USD in a movie these days will go for a bog standard high budget super hero bl8ckbuster because it's almost certain to make a profit, but the end product is usually not great art that stretches the boundaries, whereas a good explanation for the quality of Renaissance art is the funding was heavily biased towards patronage. For crypto I think we're seeing the results of 2 years of the investment model at work, and there's been a load of crappy ico's launched that have the cutting edge qualities of Spiderman 5, or Iron Man 6, so while many might make a return, they're not likely to crack the big problems, like how to scale networks without waste using incentive structures that maintain true decentralisation.

[georgem]

Decentralisation is the key ingredient for crypto, and I actually agree that a patronage funding mode for experimental work is in some ways better than an investment based one. Both are still based on an exchange taking place, but with patronage both parties remain free to widen their definition of success to include much more than ROI, whereas with investments both parties are locked in to expectations of financial return only, so true creativity is stifled. You can clearly see this in art, modern music labels and film studios tend to be investment based, and results suffer, a guy investing 10M USD in a movie these days will go for a bog standard high budget super hero bl8ckbuster because it's almost certain to make a profit, but the end product is usually not great art that stretches the boundaries, whereas a good explanation for the quality of Renaissance art is the funding was heavily biased towards patronage. For crypto I think we're seeing the results of 2 years of the investment model at work, and there's been a load of crappy ico's launched that have the cutting edge qualities of Spiderman 5, or Iron Man 6, so while many might make a return, they're not likely to crack the big problems, like how to scale networks without waste using incentive structures that maintain true decentralisation.

Thank you, this is the most reasonable comment I have seen in this thread this whole week.

[coins101]

Pretending is exactly the key word here.

au contraire, mon amie, au contraire.



It was a cryptic reference to another great pretender who shall be dethroned.

Perhaps a non-binary approach might be helpful to everyone.

tete de veau

For you non-French speakers, translations can be found here

[stonehedge]

...if he decides he does't like you then you won't get anything in return!

Believe me, if I don't like you I will very clearly explain why.
And I will ask you to explain yourself.
And if you don't give me a good explanation but behave like a petulant child, I will NOT waste my time.

If I see you misbehave (troll, fud, try to derail the situation) why should I continue to cooperate with you?  

Agreements like that work both ways.

You already told me that you don't care about principles and that bitcoin is basically a shitcoin. (oh wow)
So my expectations are not very high.
But maybe you will surprise me.  

Plenty of people have asked you calm and sensible questions about your work in the last 25 pages or so and you deflected almost all of them, or ignored them altogether.

All I said, as did Coins101, is that Bitcoin has failed its biggest goal...to be useful to the masses. Its adoption rate is poor and its practical applications, at the moment, are narrow.  That is not the same as calling it a shitcoin.

I have no idea what you are talking about when you say I have said I don't care about principles.  Maybe our discussion about the need for cryptographic proof of bitcoin node where both coins101 and myself argued that cryptographic proof wasn't needed, simply, massive economic dissuasion would suffice. Incidentally, cryptographic proof of bitcoin node has reportedly been solved by another project.

[stonehedge]

Pretending is exactly the key word here.

au contraire, mon amie, au contraire.



It was a cryptic reference to another great pretender who shall be dethroned.

Perhaps a non-binary approach might be helpful to everyone.

tete de veau

For you non-French speakers, translations can be found here

Mate, you're really better than this.  With you posting very subtle crown related hints and georgem with delusions of grandeur that there is an organised attack against Spreadcoin on this thread, it is really painting a paranoid picture.

If you have something to say about Crowncoin or any of the small number of ex-SPR supporters involved over there, go and say it on their thread.

Crowncoin has no interest in Spreadcoin at all.  Its just that some of the CRW team are/were emotionally and financially invested in SPR.

[coins101]

Not Crown related at all 

[rhinomonkey]

Incidentally, cryptographic proof of bitcoin node has reportedly been solved by another project.

What project has reportedly solved it?