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

[tminer]

InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.

lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO.

All the functionality related to masternodes themselves (adding/removing masternode and masternode payments) will be there. Instant transactions may be not completely finished by that moment but I will try to make them ready.

Together with releasing source code I will write a long post which will describe in details how all of this stuff works, it will be reworked into a white paper in the future.

[chup]

In order of spreading the spreadcoin mining I'll publish the .bin I got running spreadminer on my kids Cape Verde 8850 notebook graphics card:

https://mega.co.nz/#!S8420JAS!rmdPN1dK-xzieRjz6Ez8Gqb0p0IcMKnswlaJtEx1nMo

Not a stellar performance though. Less than 500Kh/s with 825/1100 gpu/mem clock. Please everyone spread/share bins...

[chup]

Why share bins? Anyone with the same driver version, settings, and OS should get (roughly) the same results.

To spare time needed going to known bad hashing driver 14.9 just to compile bin and roll back.

[crypto.mycology]

What can I expect if I us 6 R9 280's to mine this coin

[sony87]

What can I expect if I us 6 R9 280's to mine this coin

3-4 block a day at current diff.

[crypto.mycology]

What can I expect if I us 6 R9 280's to mine this coin

3-4 block a day at current diff.

Cool that will work.  I'll use three for spread three for another coin.

Thanks

[chrysophylax]

hi all ...

is anyone mining with sgminer under linux? ...

if so - where did you get the sourcecode and did you have a special way you had to compile it? ...

i have been pulling my hair out trying to compile and run sgminer spreadx11 from both https://github.com/spreadcoin-project/gpu-miner/ and https://github.com/spreadcoin-project/spreadcoinx11-sgminer/ ...

gpu-miner crashes with a core dump everytime ... while spreadcoinx11-sgminer starts to run - then just drops out ...

i get to the stage where sgminer states that spreadcoin kernel is still experimental - then it drops ...

has anyone any idea where i can get a working source so i can compile it please? ...

im running it under fedora 19 x64 ...

tanx ...

#crysx

[georgem]

Hey all I sent another request to Cryptsy today.  My third actually.  
If we bombard them with requests they should add us!  This community is growing and we should be taken seriously. No?

Good idea!

I just did the same. I told them about our growing community, that we have our own forum, and that we have a steady volume of 1000-2000 $ at bittrex.

Let's keep motivating them, they will add us sooner or later.

[MemoryShock]

I did the same...I explained the coin and linked to relevant posts.  Might tweet Big Vern too for the neck of it...

[georgem]

some suggestions for price stabilization

We don't need to look after price stabilization. Only centralized schemes need to take action to "stabilize a price". We are not Ben Bernanke nor Janet Yellen.
Stabilization will follow naturally if we keep growin organically.

2. Cut the supply.  presently around 9000cns/day. At 41k sathoshi- daily 3.69 btc  to be pumped into market to get price stable, currently with few people aware of spr, it is not possible for a long time. so cutting coin supply to around 3000 would be better considering supply of btc/day.

Cutting the supply (if successful) benefits early investors but it punishes new ones, this is only short term thinking to pump and dump a coin.
Not gonna happen. The coin supply follows a well defined deflationary formula. We are not going to adjust that (with a fork!!!) just to "please" early investors.
This coin is not here to "please" investors.
If this coin continues to be succesfull this should be enough profit for any investor (not just the early ones).

3.Pump spr to around 2-5 usd and (at this stage it can easily done with few btcs ) and getting into more exchanges like cryptsy, bter etc, do some promotions to get more daily investors to keep price stable at 2 usd, with in turn attracts more miners and step one can be achieved.

Promoting this coin is essential. But nobody needs to be told that, everybody knows that's the next step.
If you want to help this coin, buy it yourself, don't tell other people to pump.  

idea of no-pools is a good one, which may be a greater factor for long term adoption, but altcoin market changes every day, new technology arrives each time, so we need to compete with them, so price is a major factor for to compete with, rather than die prematurely.[consider darkcoin-They are innovative at the same time with decent price]
InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.
Edit: i think step 2 to be seriously considered because it takes around four years to reach 4725 coins/day

This coin is not merely about no-pools, it is about true decentralization in general. Everything this coin does will increase decentralization and decrease centralization.
That's why we are reinventing masternodes to serve decentralization/competition, we don't just clone darkcoin.

Your step 2 is wrong on many levels, since new miners want to earn more coins per block, not less!

[georgem]

I did the same...I explained the coin and linked to relevant posts.  Might tweet Big Vern too for the neck of it...

Nice, please do tweet him!

Cryptsy informed me that they submitted my coin request to the development team (I guess they tell that to everybody, but let's see what happens).

[stonehedge]

InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.

lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO.

Darkcoin has even had InstantTX running in testnet.  I've sent a few ITXs myself.

Who knows though, maybe Mr Spread has a better way to do it up his sleeve and will beat Darkcoin to it.

[defunctec]

InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.

lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO.

Darkcoin has even had InstantTX running in testnet.  I've sent a few ITXs myself.

Who knows though, maybe Mr Spread has a better way to do it up his sleeve and will beat Darkcoin to it.

I highly doubt it.

SPR nodes are not even in testnet yet.

[soundwallet]

InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.

lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO.

Darkcoin has even had InstantTX running in testnet.  I've sent a few ITXs myself.

Who knows though, maybe Mr Spread has a better way to do it up his sleeve and will beat Darkcoin to it.

I highly doubt it.

SPR nodes are not even in testnet yet.

Everything will be verified next week end,it wont take long ,let's see~

[thelonecrouton]

InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.

lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO.

Darkcoin has even had InstantTX running in testnet.  I've sent a few ITXs myself.

Who knows though, maybe Mr Spread has a better way to do it up his sleeve and will beat Darkcoin to it.

I highly doubt it.

SPR nodes are not even in testnet yet.

Mr Spread is dealing with a cleaner and simpler system than Darkcoin. There are only two moving parts (regular clients and Masternodes) not three like Darkcoin (pools also) and no Darksend code to worry about yet. Consensus transaction locking is a relatively straightforward concept (not to knock the genius of coming up with the idea in the first place, sometimes the most brilliant ideas are obvious in hindsight) but the devil as always is in the details. It will be interesting to see if and how Mr Spread's implementation of IX differs from Evan's.

[soundwallet]

InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.

lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO.

Darkcoin has even had InstantTX running in testnet.  I've sent a few ITXs myself.

Who knows though, maybe Mr Spread has a better way to do it up his sleeve and will beat Darkcoin to it.

I highly doubt it.

SPR nodes are not even in testnet yet.

Mr Spread is dealing with a cleaner and simpler system than Darkcoin. There are only two moving parts (regular clients and Masternodes) not three like Darkcoin (pools also) and no Darksend code to worry about yet. Consensus transaction locking is a relatively straightforward concept (not to knock the genius of coming up with the idea in the first place, sometimes the most brilliant ideas are obvious in hindsight) but the devil as always is in the details. It will be interesting to see if and how Mr Spread's implementation of IX differs from Evan's.

yeah,simplicity and decentralization are the philosophy of Spreadcoin design~

[zeca pagodinho]

I think it's time to try to add SpreadCoin in a market. 

https://dogeoutlet.com/doge/currencies

This is a good partnership, and can benefit everyone.
Let's try? 

[popolite11]

I think it's time to try to add SpreadCoin in a market. 

https://dogeoutlet.com/doge/currencies

This is a good partnership, and can benefit everyone.
Let's try? 

Market addition is a good option.

[Hippie Tech]

InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.

lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO.

Darkcoin has even had InstantTX running in testnet.  I've sent a few ITXs myself.

Who knows though, maybe Mr Spread has a better way to do it up his sleeve and will beat Darkcoin to it.

I highly doubt it.

SPR nodes are not even in testnet yet.

Mr Spread is dealing with a cleaner and simpler system than Darkcoin. There are only two moving parts (regular clients and Masternodes) not three like Darkcoin (pools also) and no Darksend code to worry about yet. Consensus transaction locking is a relatively straightforward concept (not to knock the genius of coming up with the idea in the first place, sometimes the most brilliant ideas are obvious in hindsight) but the devil as always is in the details. It will be interesting to see if and how Mr Spread's implementation of IX differs from Evan's.

yeah,simplicity and decentralization are the philosophy of Spreadcoin design~

So where does Mr. Spread's philosophical 80k/ 1300+ block instamine fit in all this ? Has anyone checked up on it lately ?

Will you be just as understanding if/when pools start privkey mining ? (As if they haven't already.)

[oblox]

InstantX may going to be our nuclear-weapon, if it gets implemented before dark and we get significant coverage in coindesk and other leading medias.

lol, you don't even have a network (let alone even structure of masternodes) and you're talking about IX. LMFAO.

Darkcoin has even had InstantTX running in testnet.  I've sent a few ITXs myself.

Who knows though, maybe Mr Spread has a better way to do it up his sleeve and will beat Darkcoin to it.

I highly doubt it.

SPR nodes are not even in testnet yet.

Mr Spread is dealing with a cleaner and simpler system than Darkcoin. There are only two moving parts (regular clients and Masternodes) not three like Darkcoin (pools also) and no Darksend code to worry about yet. Consensus transaction locking is a relatively straightforward concept (not to knock the genius of coming up with the idea in the first place, sometimes the most brilliant ideas are obvious in hindsight) but the devil as always is in the details. It will be interesting to see if and how Mr Spread's implementation of IX differs from Evan's.

Again, you don't even have masternodes setup as a network to provide tx locking. Are you really going to want tx locking on say 50 masternodes? 100? How many is enough to actually provide viable consensus? People keep talking like IX is right around the corner here, maybe it is, but I question sensibility without any pre-existing infrastructure to support its design. Lots of dreamers here, that's for sure.