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

[georgem]

I think giving up more then 5% of the block reward to the "foundation" is way too much. I would definately support 1%

How about 0%, because everything else goes against decentralization?

Is it just that you guys don't understand decentralization, or that you don't particularly like it? Or don't see any value in it?

Listen, it's not negotiable!  

Throwing our principles out of the window at the first opportunity or what?

Has bitcoin ever seriously considered such "foundation block rewards" ?

No. Do a hell of a lot of "shitcoins" discuss and embed them?

Yes.

Case closed.

[e1ghtSpace]

I think giving up more then 5% of the block reward to the "foundation" is way too much. I would definately support 1%

How about 0%, because everything else goes against decentralization?

Is it just that you guys don't understand decentralization, or that you don't particularly like it? Or don't see any value in it?

Listen, it's not negotiable!  

Throwing our principles out of the window at the first opportunity or what?

Does bitcoin discuss about those "foundation block rewards" ?

No. Do a hell of a lot of "shitcoins" discuss and embed them?

Yes.

Case closed.

Good point. Case closed.

[thelonecrouton]

I think giving up more then 5% of the block reward to the "foundation" is way too much. I would definately support 1%

How about 0%, because everything else goes against decentralization?

Is it just that you guys don't understand decentralization, or that you don't particularly like it? Or don't see any value in it

It has nothing to do with centralisation or decentralisarion. At some point you simply have to get shit done and sometimes that costs money.

Bitcoin IMO has been a resounding failure in terms of adoption. A 5 billion marketcap is pitiful after 6 years.

[defunctec]

I think giving up more then 5% of the block reward to the "foundation" is way too much. I would definately support 1%

How about 0%, because everything else goes against decentralization?

Is it just that you guys don't understand decentralization, or that you don't particularly like it? Or don't see any value in it?

Listen, it's not negotiable!  

Throwing our principles out of the window at the first opportunity or what?

Has bitcoin ever seriously considered such "foundation block rewards" ?

No. Do a hell of a lot of "shitcoins" discuss and embed them?

Yes.

Case closed.

I agree, sod all of this 5% to the dev fund! If you want to help the Dev, donate directly to his wallet.
Nothing should be coded to accommodate this! No matter how much i want to see SPR succeed!

I hope MrSpread has a reasonable stash of SPR that will increase in value over time, then he can personally keep himself going.

[georgem]

I think giving up more then 5% of the block reward to the "foundation" is way too much. I would definately support 1%

How about 0%, because everything else goes against decentralization?

Is it just that you guys don't understand decentralization, or that you don't particularly like it? Or don't see any value in it

It has nothing to do with centralisation or decentralisarion. At some point you simply have to get shit done and sometimes that costs money.

Bitcoin IMO has been a resounding failure in terms of adoption. A 5 billion marketcap is pitiful after 6 years.

But the free market taught me that that's exactly how you don't get shit done.

If people already know from the beginning that they are going to get payed no matter what, they always tend to get very lazy and abuse the system.
There is a reason why all the tax funded professions like teachers, politicians, police etc offer the WORST SERVICE among all professions.

It's because they don't have to satisfy customer needs to earn a living, instead they just have to lobby the government.

I see a similiar case with any forced / imposed "taxation" that you would implement into the protocol.

So not only does it go against decentralization, it is also immoral and will not work.


Let the developer satisfy customer needs and give us what we want, and the price of the coin (he himself is invested in) will go up.
With this positive feedback loop in place, who needs anything else?

[e1ghtSpace]

So other than the cool mining do we have any amazing real world uses for SpreadCoin like we do with VIORcoin for example with their video chat wallet and gateway for international calls through the wallet addresses?

This is just a stupid gimmick. "Real world use" lol we have Skype for that, and with skype you can actually search for your friends name instead of their address which they would need to have told you.

"Add me on VIOR, I'm VWp2R7dF9Gyr872FkXlol2MaYaHNEfwWhZ"

"Ok just a sec, ok how do you spell VIOR?, wait, I'll get a piece of paper... Do you have a pen?? No?"


"Add me on Skype, I'm e1ghtSpace"

"Ok"

You realize VIOR is higher quality and is not recorded and stored automatically by the NSA since it's secure by the blockchain. Anyway if I give you my code, which is easily copy and pasted on a smartphone or pc then you used it to call my phone for cheaper than Skype, Viber, etc. and I don't need to publicize my phone number, that's a winning combination.

Copying and pasting is the problem. As I stated above.

[elbandi]

Is this chart correct? The 21% part of it...

Edit: if correct then 21% of 4GH/s is 800MH/s which is pretty big for solo mining it seems... unless I'm missing something...

You understand the graph wrong. This is a all-time graph, not current miners!

The top miner (SNYqc..) mined they blocks in the past. And this 21% is from the displayed miners. If we compare him to all miners, they mined only the 1.7% of all blocks. (3789/218427*100). The tenth miner (SaK77W2..., ) own only 0.2% of all blocks. And others mined the other 91.7% of all blocks. If i display this, the graph will be malformed and ugly.

(miners = addresses is coinbase tx!)

[sizal]

Hi,please help me.....in what exchanges spreadcoin has been in past? not only in Bittrex
C-CEX
AllCrypt
AlcurEx...

[driedgrape]

Hi,please help me.....in what exchanges spreadcoin has been in past? not only in Bittrex
C-CEX
AllCrypt
AlcurEx...

https://betasharex.com/trade/SPR/BTC

[driedgrape]

Hi,please help me.....in what exchanges spreadcoin has been in past? not only in Bittrex
C-CEX
AllCrypt
AlcurEx...

https://betasharex.com/trade/SPR/BTC

are you doing some research about the past trading volumn?

[sizal]

Hi,please help me.....in what exchanges spreadcoin has been in past? not only in Bittrex
C-CEX
AllCrypt
AlcurEx...

https://betasharex.com/trade/SPR/BTC

are you doing some research about the past trading volumn?

thanks:) I just forgot in which exchange I deposited my spreadcoins:)

[cryptmin4r]

i thingk a new change is made Mr.Spread in spreadcoin by correcting wrong  genesis hash value.

-uint256 hashGenesisBlock("0x00000ffd590b1485b3caadc19b22e6379c733355108f107a430458cdf3407ab6"); //mainnet
+uint256 hashGenesisBlock;

i think currently Merkle root and hash is different


https://github.com/spreadcoin-project/spreadcoin/commit/d396ee9ccfe118609da17b0d940c32f83e7dfa35

[thelonecrouton]

Some nice buys on Bittrex today. Time moves on and Spread Masternodes are getting closer.

[thelonecrouton]

i thingk a new change is made Mr.Spread in spreadcoin by correcting wrong  genesis hash value.
-uint256 hashGenesisBlock("0x00000ffd590b1485b3caadc19b22e6379c733355108f107a430458cdf3407ab6"); //mainnet
+uint256 hashGenesisBlock;

i think currently Merkle root and hash is different

That's the Darkcoin genesis block hash, it didn't actually do much in there, was just left over from the original code.

[cryptmin4r]

i thingk a new change is made Mr.Spread in spreadcoin by correcting wrong  genesis hash value.
-uint256 hashGenesisBlock("0x00000ffd590b1485b3caadc19b22e6379c733355108f107a430458cdf3407ab6"); //mainnet
+uint256 hashGenesisBlock;

i think currently Merkle root and hash is different

https://github.com/spreadcoin-project/spreadcoin/commit/d396ee9ccfe118609da17b0d940c32f83e7dfa35

That's the Darkcoin genesis block hash, it didn't actually do much in there, was just left over from the original code.

even though that may not cause any trouble, its happy to see mr. spread is acting quickly to correct it.

[cryptmin4r]

Some nice buy
s on Bittrex today. Time moves on and Spread Masternodes are getting closer.

linear interpolation between halving points is the most beautiful think i see at spr. once instant x is implemented  the block gen time can be increased to 5-10 min to cut the supply further.

[elbandi]

i thingk a new change is made Mr.Spread in spreadcoin by correcting wrong  genesis hash value.

-uint256 hashGenesisBlock("0x00000ffd590b1485b3caadc19b22e6379c733355108f107a430458cdf3407ab6"); //mainnet
+uint256 hashGenesisBlock;

i think currently Merkle root and hash is different


https://github.com/spreadcoin-project/spreadcoin/commit/d396ee9ccfe118609da17b0d940c32f83e7dfa35

variable initialization is useless there, because the right value is setted later.

[jjjordan]

Still waiting on information about what master nodes are and how they (will) work.

Come on you guys. I keep asking and nobody has responded.

[thelonecrouton]

Still waiting on information about what master nodes are and how they (will) work.

Come on you guys. I keep asking and nobody has responded.

Check out www.darkcointalk.org ? Plenty of information there.

https://bitcointalk.org/index.php?topic=421615.msg4585001#msg4585001 - OP of darkcoin thread on BCT, might be a good intro.

https://www.darkcoin.io/wp-content/uploads/2014/09/InstantTX.pdf - InstantX whitepaper

[jjjordan]

Still waiting on information about what master nodes are and how they (will) work.

Come on you guys. I keep asking and nobody has responded.

Check out www.darkcointalk.org ? Plenty of information there.

https://bitcointalk.org/index.php?topic=421615.msg4585001#msg4585001 - OP of darkcoin thread on BCT, might be a good intro.

https://www.darkcoin.io/wp-content/uploads/2014/09/InstantTX.pdf - InstantX whitepaper

Thanks, that's what I was looking for.