[ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes

[oblox]

The sad irony of it is there are more credit/debit card fraud annually and hacks surrounding fiat currencies than the sum of all the crypto frauds/thefts.

It is sad but that's the sad truth about Crypto right now is that it's unregulated and pretty much people can just get away with ripping other people off.  That's what turns so many people away from Crypto in the first place

It comes back to educating people that private keys are as good as cash and that trusting a third party (example, an exchange) means you really don't "own" the coins. The no-recourse in terms of chargebacks is a double-edged sword. As for other scams like ponzi's guaranteeing to double your money (cryptodouble)...those are a dead giveaway that people are going to lose coins. While they may not be regulated expansively, anyone running these sorts of games stateside should be aware of the SEC taking notice.

[mrcashking]

Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

[oblox]

Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.

[NoobKidOnTheBlock]

I'm not threatened by Spreadcoin because so far, no one here has been able to convince me of the utility it actually offers. Further, without any sort of adoption in terms of markets and merchant acceptance, it's just another coin to use to obtain more BTC as you so adequately put it.

Okay so you can't be convinced then why stay here posting things? No one here could convince you? Oh I was unaware that we were supposed to convince you to invest in SpreadCoin lol That's funny because I've always invested in what I chose to invest in not what someone "convinced" me to invest in.  I believe people call that doing your own research lol But again if you aren't interested or convinced in SpreadCoin then why are you here posting about it? If you have no interest in this coin then why would you even talk about it? And once again I stated that the majority of Cryptocurrencies are for making more Bitcoin not that the only reason to invest in SpreadCoin was to make more BTC.  But let me ask you something then do you simply just own DarkCoin and no other coins? Do you sell your DarkCoin as it goes up then buy more when it goes down? Do you make money by trading Cryptocurrencies or did you just buy a bunch of DarkCoin and have been holding them ever since? I'm just curious because you said then you were a liar because you aren't in DarkCoin for making money you are in it for the innovation and what not am I right?

[mrcashking]

Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.

blah blah blibbity blash. Admit it.

[oblox]

Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.

blah blah blibbity blash. Admit it.

No. Perhaps you're naive enough to justify your investment on the sole basis of masternodes, but I'm certainly not. I'm asking the questions because frankly, I would like the answers and I'm certain other outsiders would as well. What is the reason for Spreadcoin to exist? What does it offer over BTC or DRK? Fancy algos, pools/no pools, block times, etc are not answers.

[defunctec]

The sad irony of it is there are more credit/debit card fraud annually and hacks surrounding fiat currencies than the sum of all the crypto frauds/thefts.

It is sad but that's the sad truth about Crypto right now is that it's unregulated and pretty much people can just get away with ripping other people off.  That's what turns so many people away from Crypto in the first place

It comes back to educating people that private keys are as good as cash and that trusting a third party (example, an exchange) means you really don't "own" the coins. The no-recourse in terms of chargebacks is a double-edged sword. As for other scams like ponzi's guaranteeing to double your money (cryptodouble)...those are a dead giveaway that people are going to lose coins. While they may not be regulated expansively, anyone running these sorts of games stateside should be aware of the SEC taking notice.

If spreadcoin remains to be practically 100% solo mining and adds all of darkcoin's features, spreadcoin will become my currency of choice.
I'm not going to be the only one.

[georgem]

the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.
("No Pools" is merely the first example of this)

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

[NoobKidOnTheBlock]

Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.

Okay here is a quick question then how long did it take DarkCoin to start having utility behind it? Or was DarkCoin created and it was instantly merchant accepted and held value right off the hop? The fact is that SpreadCoin is still new and being developed and I have urged the community lots for us to start marketing the coin and promoting this coin for more adoption from the masses.  I still don't understand why you are even posting in this thread if you have no intention whatsoever of investing in this coin?

[oblox]

the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

But the end user doesn't care about decentralization. Seriously. You think Joe Blow down the street is going to give two flying fucks on whether a coin was mined via SHA, Scrypt, X11 or pools or no pools? The answer is of course not.

[oblox]

Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.

Okay here is a quick question then how long did it take DarkCoin to start having utility behind it? Or was DarkCoin created and it was instantly merchant accepted and held value right off the hop? The fact is that SpreadCoin is still new and being developed and I have urged the community lots for us to start marketing the coin and promoting this coin for more adoption from the masses.  I still don't understand why you are even posting in this thread if you have no intention whatsoever of investing in this coin?

It was created to fill a void, thus creating utility. Spreadcoin isn't filling any voids. All I have heard is decentralization babble but in the grand scheme of things, people don't care. I love the idea of decentralization but people actually using the currency don't care. A currency has to be used for it to have any value whatsoever (be it transacted or store of value). If that's your sole pitch for this coin, it's dead in high water. Maybe I'll eat crow months down the road but I have a sneaking suspicion I'll be right.

As for why I am here, maybe I would get to the point of throwing some money at it but I'm not seeing anything to justify doing so.

[defunctec]

the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.
("No Pools" is merely the first example of this)

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

What is MrSpread decentralizing though, a currency.
We must have fungability in the currency, and for that we need anonymity.

Although it is not immediately essential, it is something I think is critical in the long term!

[georgem]

the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

But the end user doesn't care about decentralization. Seriously. You think Joe Blow down the street is going to give two flying fucks on whether a coin was mined via SHA, Scrypt, X11 or pools or no pools? The answer is of course not.

He cares about anonymity even less.

Define enduser.
The internet in the early 90s was only understood and used by a handful of people (whose mind was completely blown away by its possibilities)
Yet 99.999% of all people at that time thought the internet was weird, and it took them more than a decade to slowly get on board and understand the true potential of the internet.

99.999% of all people on this planet have yet to grasp the concept and utility of cryptocurrencies.

When this mentality changes, people will start valueing things like privacy, anonymity and especially decentralization much more than they do now.

[gjhiggins]

Fancy algos, pools/no pools, block times, etc are not answers.

Lol, try telling that to the devs of 2000+ other altcoins. You've no more handle on answers than anyone else and in no better position to be able to tell good answers from bad at this stage of the development.

But enough is enough, you're clearly biased and your argumentativeness betrays your purpose, another one for the ignore list.

Cheers

Graham

[defunctec]

Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.

Okay here is a quick question then how long did it take DarkCoin to start having utility behind it? Or was DarkCoin created and it was instantly merchant accepted and held value right off the hop? The fact is that SpreadCoin is still new and being developed and I have urged the community lots for us to start marketing the coin and promoting this coin for more adoption from the masses.  I still don't understand why you are even posting in this thread if you have no intention whatsoever of investing in this coin?

It was created to fill a void, thus creating utility. Spreadcoin isn't filling any voids. All I have heard is decentralization babble but in the grand scheme of things, people don't care. I love the idea of decentralization but people actually using the currency don't care. A currency has to be used for it to have any value whatsoever (be it transacted or store of value). If that's your sole pitch for this coin, it's dead in high water. Maybe I'll eat crow months down the road but I have a sneaking suspicion I'll be right.

As for why I am here, maybe I would get to the point of throwing some money at it but I'm not seeing anything to justify doing so.

Then just wait for more development?
Wait for something that interests you in spr, and then invest?

Why all the blabber?

[oblox]

the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

But the end user doesn't care about decentralization. Seriously. You think Joe Blow down the street is going to give two flying fucks on whether a coin was mined via SHA, Scrypt, X11 or pools or no pools? The answer is of course not.

He cares about anonymity even less.

Define enduser.
The internet in the early 90s was only understood and used by a handful of people (whose mind was completely blown away by its possibilities)
Yet 99.999% of all people at that time thought the internet was weird, and it took them more than a decade to slowly get on board and understand the true potential of the internet.

99.999% of all people on this planet have yet to grasp the concept and utility of cryptocurrencies.

When this mentaility changes, people will start valueing things like privacy, anonymity and especially decentralization much more than they do now.

I've already said my views on comparing crypto to the early stages of the internet, it doesn't need to be said again. I guess we shall see how much utility is truly placed on decentralized currencies.

[oblox]

Fancy algos, pools/no pools, block times, etc are not answers.

Lol, try telling that to the devs of 2000+ other altcoins. You've no more handle on answers than anyone else and in no better position to be able to tell good answers from bad at this stage of the development.

But enough is enough, you're clearly biased and your argumentativeness betrays your purpose, another one for the ignore list.

Cheers

Graham

What is your point? Just because there are 2000 altcoins doesn't mean anything. If anything, there needs to be MASSIVE cleanup with all the garbage out there that has sucked BTC from the individuals for nothing but empty promises of great things to come.

I'm just trying to cut through the bullshit to find out where the value lies. Oh wait, I'm on ignore. *shrug*

[defunctec]

Anyone willing to take me up on the operation of a public spr mining pool... Please msg me

Currently 100 spr up for grabs.

[oblox]

Then just wait for more development?
Wait for something that interests you in spr, and then invest?
Why all the blabber?

That's all I am getting at. If something exciting comes to the table, I'll reconsider. I just wanted clarification of what utility is provided in justifying the existence of the coin as it currently stands. The same can be said about 99% of the altcoins out there.

[thelonecrouton]

Just curious but what is the value-add here? At the end of the day, pool or no pool, the average end user isn't going to care. It just has to work, be liquid enough that they aren't raped on exchange, and have markets/merchant acceptance. What merchants are using SPR? What differentiating factor is there over BTC?

If someone wandered into the Darkcoin thread and posted such nonsense, you'd be the first to rip into them.  

Spread's anti-pool strategy may not be perfect, but it's a hell of a lot better than anything else right now. Are you really comfortable with two people having control of 80% of Darkcoin's hashrate? Do you want me to post those pie charts again? Nobody cares about having actually decentralised blockchain security right now because nobody cares enough about cryprocurrencies to mount a serious attack on a large PoW coin. It's only a matter of time though before it happens, if BTC/DRK/whatever succeed the way we here would all like them to. Darkcoin right now is actually considerably less decentralised than the tradional banking system.

Spread borrows the masternode concept from Darkcoin, but the implementation is a fresh one. One that for example solves the masternode payments/forking issues that have plagued Darkcoin from RC3 to this day. Spread masternodes are also different in pricing philosophy, and vastly easier to set up and maintain than Darkcoin's, something I hope the Darkcoin team pays some attention to.

Unlike Noob'AlmightyTextBrick'OnTheBlock I don't personally care about making more BTC, or the market price of either DRK or SPR at all. I'm here because I support blockchain and masternode technology and hope that what they evolve into will in some small way help future generations avoid constant financial rape and pillage by the kleptocrats that currently run this asylum we all live on.

Darkcoin isn't going to change the world by itself, Spread can help a little too. Adoption is the only thing that is really going to help, and if Spread brings more users and supporters of the masternode concept on board then it will benefit Darkcoin too. I think everyone who holds any of either should hold a bit of the other too, bitching between the two groups isn't going to help anyone.

Both SPR and DRK are currently testing IX, I think this is a great thing. My personal belief is that IX has a far broader market appeal than Darksend. Comparatively few people give a damn about their privacy, but everyone's in a hurry... Anyway, there's no reason SPR can't have its own version of DS in time. It's just not the current priority, rightly in my opinion.

SPR is based on the same API as BTC and DRK, if wider merchant adoption comes for one it will come for all.

I think saying that SPR has no differentiating features over Bitcoin is plain silly. Please spank yourself, consider buying a few SPR, and help support a fresh implementation of Evan's genius, by an honest and skilled developer.