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Author Topic: [ANN] BitcoinSpread - SpreadCoin FORK | True Decentralization (No Pools)  (Read 899 times)
BitcoinSpread
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December 31, 2017, 04:23:48 PM
 #1

https://raw.githubusercontent.com/spreadcoin-project/spreadcoin/master/src/qt/res/icons/bitcoin.png
BitcoinSpread
Launched 29 July 2014, 9:00 UTC, No Premine
Website
Reddit | Twitter

Completely Decentralized Digital Currency
without Pools


We are officially forking off SpreadCoin on 31 January 2018, 00:00 UTC
Exact block number to be confirmed at a later date!

All existing SpreadCoin (SPR) holders will get 1:1 fork of the coin on the new chain.




BitcoinSpread is a new cryptocurrency which is more decentralized than Bitcoin.
It prevents centralization of hashing power in pools, which is one of the main concerns of Bitcoin security. SpreadCoin was fairly launched with no premine.

Pool Prevention
To prevent pools each block must be signed with the private key which correspondents to the coinbase transaction. See whitepaper for more details.

Parameters
  • Algorithm: SpreadX11
  • Block generation: 1 minute
  • Difficulty retargets: every block based on last 360 blocks
  • Reward starts at approx. 6.66 coins per block
  • Block reward is smoothly halved every 4 years
  • Total supply: 20 mln coins
  • No year 2106 problem
Initial reward was 66.66 coins per block and spacing between blocks was 10 minutes, this was changed after hardfork at block 2200.


NEW website:
https://bitcoinspread.org
https://bitcoinspread.net
https://bitcoinspread.co

Github - https://github.com/BitcoinSpread/spreadcoin

White Paper
https://bitcoinspread.org/SpreadCoin-WhitePaper.pdf

Exchanges
Bittrex
C-CEX
AllCrypt
AlcurEx


You can also help us to add SpreadCoin to other exchanges by voting:
BTER
AskCoin

Blockchain Explorers
Official
/index.php?blockexplorer=SPR]At MultiFaucet

Hashrate distribution chart

Services
/index.php?faucet=SPR]Faucet
Casino

Translations
Chinese
Dutch
French
Hebrew
Hindi
Indonesian
Italian
Portuguese
Romanian
Russian
Spanish
Turkish

Truly Decentralized
In Bitcoin mining power is concentrated in large pools. This puts the whole network at risk in case these pools will become malicious or if their security will be compromised. In SpreadCoin there are no pools, mining power is spread around many solo miners.

Compact Transactions
SpreadCoin uses more compact representation for signatures in transactions. This leads to smaller transactions and, hence, smaller blockchain. See e.g. this transaction in SpreadCoin and similar transaction in Bitcoin, both transactions have 15 inputs and 1 output but SpreadCoin transaction takes 1661 bytes while Bitcoin one takes 2744.
See this thread for more info: https://bitcointalk.org/?topic=6430.0%29%3F

Smooth Reward Decrease
Unlike Bitcoin, there are no abrupt reward halvings in SpreadCoin. Block reward is smoothly decreasing over time.

https://raw.githubusercontent.com/spreadcoin-project/spreadcoin.net/gh-pages/img/reward.png

Mining
You can mine directly from the wallet, just go to the mining tab and press 'Start mining', you will start mine to your wallet. Thread about mining SpreadCoin: https://bitcointalk.org/index.php?topic=869289

Also you can mine to a specific address (this is useful if you are mining on several computers). To do so:
1. Use existing or better generate a new address.
2. Open debug console (Tools -> Debug Console) and enter:
Quote
dumpprivkey SYourSpreadCoinAddress
3. You will get your private key. Then open spreadcoin.conf or create it if it doesn't exist (D:\Users\<username>\AppData\Roaming\SpreadCoin\spreadcoin.conf on Windows) and add the following line:
Quote
miningprivkey=YourPrivateKey
4. Restart your wallet if it was running.
In the Mining tab you will now see notification that all mined coins will go to this address.

Mining Guide
Windows: https://github.com/spreadcoin-project/SpreadCoin-Wiki/wiki/Mining-Guide
By default you can mine only from 4 machines to the same wallet, to increase this limit set rpcthreads to value greater than 4 in spreadcoin.conf.

AMD GPU Miner
Windows binary: http://spreadcoin.net/files/Spread-GPU-miner.7z
Source code: https://github.com/spreadcoin-project/spreadcoinx11-sgminer

Don't forget to read included readme, it describes how to launch it. Even if you did solo-mining before it is still worth reading.

You need latest drivers to use this miner. Known to work on 14.9 installed from file named amd-catalyst-14-9-win7-win8.1-64bit-dd-ccc-whql.exe from http://support.amd.com/en-us/download/desktop?os=Windows%207%20-%2064

Nvidia GPU Miner
And here's a GPU miner for the NVIDIA crew. Compute 3.0 support should be easy enough, but for now it's 3.5/5.0/5.2 only.

Win32 binary: https://github.com/tsiv/spreadminer/releases
Source: https://github.com/tsiv/spreadminer
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RzeroD
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December 31, 2017, 07:42:01 PM
 #2

So basically you are going to copy the SpreadCoin repo and create a new coin without changing anything?
Shameful. Another "fork" of BTC to make money...
sirazimuth
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January 01, 2018, 04:25:08 PM
 #3

another scammyass fork eh?  and a noobie to boot.
because, god forbid,you don't want to ruin your real bitcointalk account rep with this plagiarizing nonsense eh?
you money grabbing shysters pulling this shite are killing the crypto revolution.
Cut the shit already.

Bitcoin...the future of all monetary transactions...and always will be
zijieli
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January 03, 2018, 12:30:28 AM
 #4

thanks

Bimmerhead
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January 03, 2018, 07:09:26 PM
 #5

Well if this project realizes the promise of Spreadcoin, then it's probably a good thing.

Is that the plan?
defc0de
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January 04, 2018, 07:43:12 AM
 #6

Another scam? All helium owners that got the airdrop from Spreadcoin is waiting till now, don't tell me this is another similar one

Bukx
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January 04, 2018, 07:49:48 AM
 #7

Another scam? All helium owners that got the airdrop from Spreadcoin is waiting till now, don't tell me this is another similar one

Dont fall into the same hole twice, just remember helium.
Forking now is similar like scam and just want to make money with that.
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January 04, 2018, 02:46:15 PM
 #8

Another scam? All helium owners that got the airdrop from Spreadcoin is waiting till now, don't tell me this is another similar one

Dont fall into the same hole twice, just remember helium.
Forking now is similar like scam and just want to make money with that.

yeah, my btc's got trapped from the SPR dump during the fork. We should report this scam forks.

conex
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January 07, 2018, 07:05:51 PM
 #9

Easy guys.

Ride the train to gain, and exit in February.


“If you personalize losses, you can’t trade.” – BK
Partizanai
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January 07, 2018, 07:20:53 PM
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dont encourage people to do forks, this is becoming annoying. sitting in the dark room printing money

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January 07, 2018, 09:05:08 PM
 #11

Its about time we start ignoring all the shitty scammy forks

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Fonix
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January 09, 2018, 03:33:00 PM
 #12

Easy guys.

Ride the train to gain, and exit in February.



If you exit in February, you will be burned...You need to exit BEFORE the 31. January unless you hand over your hard earned cash to the pump-group who is organising this fake fork of SPR.
ARTEM DA
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January 22, 2018, 12:52:00 PM
 #13

Its about time we start ignoring all the shitty scammy forks
yes, scammy forks are about useless
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