[ANN] BitcoinSpread - SpreadCoin FORK | True Decentralization (No Pools)

[Andrey!]

There won't be masternodes. The technology is not there to create masternodes on the SpreadCoin chain. (BitcoinSpread is a fork of SpreadCoin, not Bitcoin)
The masternodes are available only in testnet and it has never been on the main net, they are still not ready for mass adaptation.

The only way to make masternodes work on a SPR chain is to put serious amount of time into the development. I can guarantee for you, a developer who announced this project and can not even log back to organise the community won't put months of coding into this 'project'.

Yep for sure everybody understand it not not bitcoin fork, it is spreadcoin fork...there are kinda silly people who think it is bitcoin fork just because of the name...
Speaking about masternodes there is very juicy GUI picture


So I don't know if it is really hard to implement masternodes at current development stage..but still...I am just speaking about the fact that high ROI masternodes is one the BEST advantages possible to quick rise now!
I have seen this at gobyte, sparks, galactrum....it is like a trend nowadays so I just suggest to devs to use it


Also it would be great if the coin would be mine-able with Antminer D3 ASICS generated so low profit mine with Dash...
I don't know if X11 and SpreadX11 are the same...but it would be great...because D3 are disaster haha))

And for sure I fully support you with bad communication form devs, it's very absurdly...

[faetos]

Can you give us some idea what features or plans you have for this coin? What general improvements are you planning on implementing?

[RzeroD]

How long will you take to realize that there will be no hard fork and that this has only been to pump SPR?

[chrysophylax]

Forking SPR?

Why? What valid reasoning would ANYONE have to do that except for a quick way to get coins in?

I'll watch, even though it seems that is just a play at making SPR somewhat marketable again.

Leave it be - as there is no other MrSpread and never will be.

#crysx

[OneBlago]

Very interesting - will there be a bounty?

[pencilvester]

There won't be masternodes. The technology is not there to create masternodes on the SpreadCoin chain. (BitcoinSpread is a fork of SpreadCoin, not Bitcoin)
The masternodes are available only in testnet and it has never been on the main net, they are still not ready for mass adaptation.

The only way to make masternodes work on a SPR chain is to put serious amount of time into the development. I can guarantee for you, a developer who announced this project and can not even log back to organise the community won't put months of coding into this 'project'.

Yep for sure everybody understand it not not bitcoin fork, it is spreadcoin fork...there are kinda silly people who think it is bitcoin fork just because of the name...
Speaking about masternodes there is very juicy GUI picture
https://image.prntscr.com/image/jjCNqFNGRVqLTHInQMn2CQ.png

So I don't know if it is really hard to implement masternodes at current development stage..but still...I am just speaking about the fact that high ROI masternodes is one the BEST advantages possible to quick rise now!
I have seen this at gobyte, sparks, galactrum....it is like a trend nowadays so I just suggest to devs to use it


Also it would be great if the coin would be mine-able with Antminer D3 ASICS generated so low profit mine with Dash...
I don't know if X11 and SpreadX11 are the same...but it would be great...because D3 are disaster haha))

And for sure I fully support you with bad communication form devs, it's very absurdly...

that shows masternodes on the testnet. there was a comment earlier in this thread about there not being masternodes on the mainnet. can anyone from the spread team confirm or deny whether or not there will be masternodes on the upcoming SPR fork? that detail would determine whether or not the new SPR will have any real value other than a marketing ploy by hijacking the bitcoin brand.

[strelok25]

So basically you are going to copy the SpreadCoin repo and create a new coin without changing anything? It looks better, this new fork, very interesting, i'm really waiting for this to finish quickly and develop well.

[Steven3iii]

This is all a bit weird and a little bit silly.

But it seems to be having an effect on the price. By the way, where is Helium going? 

[franks182]

where do I get a wallet? no wallet link

[c0mrade4chan]

where do I get a wallet? no wallet link

on the official website there is a purse   https://bitcoinspread.org/

[Slimmshady]

This is a little suspicious to me.

[chrysophylax]

where do I get a wallet? no wallet link

on the official website there is a purse   https://bitcoinspread.org/

Vanitygen?

Doesn't georgem have the exclusive closed code source?

Yet you publish the wallet that georgem published with this useless (and security risky) addition to the wallet?

OK - I think that has confirmed what I and hence CWI, will do here on in.

#crysx

[Andrey!]

so...what are the news, devs?
There are 4-5 days till wallet release deadline!
It was info in twitter about beta-testing. How are the things going on with it?

[szfinx]

so...what are the news, devs?
There are 4-5 days till wallet release deadline!
It was info in twitter about beta-testing. How are the things going on with it?

That is quiet obvious this is just an endgame of a large SPR bag holder. The fork is a pump attempt. No point to wait for any kind of answer here, the 'dev' not even active and haven't even logged in since posting the ANN.

Date Registered:   December 31, 2017, 04:22:24 PM
Last Active:   January 01, 2018, 10:35:56 AM

Participate in your own risk.

[Andrey!]

so...what are the news, devs?
There are 4-5 days till wallet release deadline!
It was info in twitter about beta-testing. How are the things going on with it?

That is quiet obvious this is just an endgame of a large SPR bag holder. The fork is a pump attempt. No point to wait for any kind of answer here, the 'dev' not even active and haven't even logged in since posting the ANN.

Date Registered:   December 31, 2017, 04:22:24 PM
Last Active:   January 01, 2018, 10:35:56 AM

Participate in your own risk.

anyway it is really stupid to keep silence even if it is pump attempt...in case of large holder "deadcat bounce" it is more useful to post beautiful twits, pics, posts etc...to make hype in the community...it is not so hard to do you know))

[SantoshSoma]

can we expect windows wallet release on tomorrow ?

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.

The development of SpreadCoin is dead, this fork aims to revive it.



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:

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:

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

[sirazimuth]

I guess this one didn't work out eh?
bitcoinspread my ass...
What a frikkin joke

[faetos]

no lunch for this mess

[SantoshSoma]

Quoting for images

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.

The development of SpreadCoin is dead, this fork aims to revive it.

can we have any confirmation on fork on which block its going to happen ?



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:

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:

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

[Jlcryptomining]

So...... Update maybe ?