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

[Hippie Tech]

I must say that I do enjoy having SPR around and I am excited to see what happens.  I am not investing in it though, as I don´t see the added value proposition in terms of the end user compared to DRK.  The differences are of form,  do the masternodes a little different, do the mining a little different, but nothing different than DRK or BTC for the end user. For now the only end user directed feature I have heard of is copying InstantX from DRK, but DRK already has that. So no original added value from an end user perspective yet, lets see what the future holds.

On the other hand, I dont like investing in anonymous developers and also I have the feeling that some early holders have more power over the project than the developer himself. So in the end, I wouldnt know who I am entrusting my money with.

The last thing that I would say is that the DRK holders that are here have all their bases covered, they already own nice amounts of DRK and is not like they sold those to hold SPR. So the newbies here should be careful and do the same and cover their bases buy some DRK.  Some of the DRK holders here see this as a side investment if it does not go well they still have their DRK so they are OK if it goes well they make some profit, so they don't have much to loose.

 Other DRK holders saw an opportunity to buy lots of this really cheap and promote it as an alternative within the community and then others bought that idea as they could buy more of this than they could DRK and are hoping for rewards. Those are all very good valid reasons to take a risk, but again, they all have their bases covered. If you are a newbie here with no DRK holdings you are assuming a greater risk than they are and that puts you at a disadvantage if you have decided you want to support this coin you must hedge your investment and buy some DRK, since for now it is trying to be a copy of a much more established coin, it makes no sense to only hold the copy.  The ones that hold the original and the copy too, have all their bases covered are doing it right. The ones that only hold the copy are running a greater risk and are at the hands of the first group.

Good luck with the project, lets see how it goes.   I am staying with DRK though a lot more to do still. Cheers.

You REALLY wanna talk about initial distribution, when DRK was mined at low diff with a higher block reward, before it was dropped lower, fucking everyone who mined later?

See.. SPR really is a chip off the old crypto fiat shitcoin we know as DRK, with the "fucking everyone who mined later" built right in.

Your fake concern for the miners makes me want to puke. What about the FTC, UFO, Phoenixcoin? ect., early adopters you helped fuck with that neoscrypt bullshit ?

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[gjhiggins]

We'll begin testing in 1-2 days on testnet.

Hm, testnet splashscreen evidences temporal abnormality:


fix: https://github.com/gjhiggins/spreadcoin/blob/cpuminer1.2.iconspruceup/src/qt/res/images/splash_testnet.png

...



Cheers

Graham

[Hippie Tech]

Did I miss anyone's response to my questions about Mr. Spread's missing 80k ? Links please.

[Mr. Spread]

Great news!  Thank you for all the hard work.

Mr. Spread, are you able to release the minimum required SPR for a masternode as of yet?

This minimum doesn't mean much because price will go higher anyway. 100 SPR looks reasonable.

[MyFarm]

Great news!  Thank you for all the hard work.

Mr. Spread, are you able to release the minimum required SPR for a masternode as of yet?

This minimum doesn't mean much because price will go higher anyway. 100 SPR looks reasonable.

Thanks!  Have you decided on the max number of masternodes?

[thelonecrouton]

Great news!

I strongly advise anyone who is thinking of running a Spread Masternode to jump in on testnet. You'll learn what you need to for mainnet and help with the development and bughunting. Please help out if you can. It's free to play and you get to noodle with all the upcoming goodies first.

Also, testnet miners, please DO NOT jump in with huge MH/s - it's not needed, it just raises the diff pointlessly, CPU or just one little GPU if you have to is all that's needed. (Mr Spread please correct me if I'm wrong, I know Spread is fundamentally different from Darkcoin in a few ways.)

[thelonecrouton]

Cheers

Graham

Heh. Nice.

[elbandi]

This SPR chart is different from the others because it's historical (not current) and includes only  addresses that mined over 1k coins. That means it doesn't cover the whole network hashrate, making all those numbers actually much smaller pieces of the entire pie. The top "miner" SNYq only mined for one month last year, but his 25k coins is still the highest proportion among mining addresses. There may be farms, but SPR is still supported by many small miners.

http://spreadcoin.net/explorer/index.php?q=SNYqcyEtXr5UWpxMds8mQ9x8jo8fWFJVKz

Mr. Spread, is it possible to make that clear on the Network Hashrate page? Or a way to make a comparable chart? I think everyone is used to looking at current hashrate charts.

I added a little note to that chart. (if someone can make a better english text, that's welcome ).

And i made a new chart: this displayed the last 1000 blocks stats: addresses who mined at least 2 blocks. (address with 1 block goes to "others")

Elbandi

[Hippie Tech]

I must say that I do enjoy having SPR around and I am excited to see what happens.  I am not investing in it though, as I don´t see the added value proposition in terms of the end user compared to DRK.  The differences are of form,  do the masternodes a little different, do the mining a little different, but nothing different than DRK or BTC for the end user. For now the only end user directed feature I have heard of is copying InstantX from DRK, but DRK already has that. So no original added value from an end user perspective yet, lets see what the future holds.

On the other hand, I dont like investing in anonymous developers and also I have the feeling that some early holders have more power over the project than the developer himself. So in the end, I wouldnt know who I am entrusting my money with.

The last thing that I would say is that the DRK holders that are here have all their bases covered, they already own nice amounts of DRK and is not like they sold those to hold SPR. So the newbies here should be careful and do the same and cover their bases buy some DRK.  Some of the DRK holders here see this as a side investment if it does not go well they still have their DRK so they are OK if it goes well they make some profit, so they don't have much to loose.

 Other DRK holders saw an opportunity to buy lots of this really cheap and promote it as an alternative within the community and then others bought that idea as they could buy more of this than they could DRK and are hoping for rewards. Those are all very good valid reasons to take a risk, but again, they all have their bases covered. If you are a newbie here with no DRK holdings you are assuming a greater risk than they are and that puts you at a disadvantage if you have decided you want to support this coin you must hedge your investment and buy some DRK, since for now it is trying to be a copy of a much more established coin, it makes no sense to only hold the copy.  The ones that hold the original and the copy too, have all their bases covered are doing it right. The ones that only hold the copy are running a greater risk and are at the hands of the first group.

Good luck with the project, lets see how it goes.   I am staying with DRK though a lot more to do still. Cheers.

You REALLY wanna talk about initial distribution, when DRK was mined at low diff with a higher block reward, before it was dropped lower, fucking everyone who mined later?

See.. SPR really is a chip off the old crypto fiat shitcoin we know as DRK, with the "fucking everyone who mined later" built right in.

Your fake concern for the miners makes me want to puke. What about the FTC, UFO, Phoenixcoin? ect., early adopters you helped fuck with that neoscrypt bullshit ?

Oh, let's bring that up, shall we? Vehre was hired to code a miner, and he didn't know jack shit. So he came out with slow code that only ran on 13.12. Who fixed it and immediately released, with a speedup? Me. Who further sped that up later and released that too? Me. Who had an obligation to help the FTC community? Not me. Were it not for me, they wouldn't have shit - and you're saying *I* fucked them over?

Do you honestly expect us to believe that you and your shitalgo ponzi cloning chums, would launch a coin without giving yourselves a distinct and unfair advantage ?

Your optimizations are a farse. We're onto the crippled kernel games you are playing.

Same shyte, different coin. --> https://bitcointalk.org/index.php?topic=909624.0

Great news!

I strongly advise anyone who is thinking of running a Spread Masternode to jump in on testnet. You'll learn what you need to for mainnet and help with the development and bughunting. Please help out if you can. It's free to play and you get to noodle with all the upcoming goodies first.

Also, testnet miners, please DO NOT jump in with huge MH/s - it's not needed, it just raises the diff pointlessly, CPU or just one little GPU if you have to is all that's needed. (Mr Spread please correct me if I'm wrong, I know Spread is fundamentally different from Darkcoin in a few ways.) <<-- Plzz plzz plzz make it so ! lolz

Plzzzzzzz do your research thelonecrouton. Or don't. LMAO

[MemoryShock]

Great news!

I strongly advise anyone who is thinking of running a Spread Masternode to jump in on testnet. You'll learn what you need to for mainnet and help with the development and bughunting. Please help out if you can. It's free to play and you get to noodle with all the upcoming goodies first.

If you are willing to be patient and can help a technically challenged guy through some of the steps then I am definitely going to jump in.

The 'proverbial you'...

[pokeytex]

Great news!

I strongly advise anyone who is thinking of running a Spread Masternode to jump in on testnet. You'll learn what you need to for mainnet and help with the development and bughunting. Please help out if you can. It's free to play and you get to noodle with all the upcoming goodies first.

Also, testnet miners, please DO NOT jump in with huge MH/s - it's not needed, it just raises the diff pointlessly, CPU or just one little GPU if you have to is all that's needed. (Mr Spread please correct me if I'm wrong, I know Spread is fundamentally different from Darkcoin in a few ways.)

I for one have never run a masternode and done anything on testnet.  I will need a tutorial to start testing.  is anyone able to help with a guide that is easy enough for a layman to understand.  I know enough to get my miners running and basic network stuff.

[thelonecrouton]

Hippie I think you might have a crippled kernel.  

[thelonecrouton]

If you are willing to be patient and can help a technically challenged guy through some of the steps then I am definitely going to jump in.

The 'proverbial you'...

I for one have never run a masternode and done anything on testnet.  I will need a tutorial to start testing.  is anyone able to help with a guide that is easy enough for a layman to understand.  I know enough to get my miners running and basic network stuff.

If you can download and use a wallet, edit a textfile, cut/paste a few lines, you'll be set. Hell if you can figure out mining, you'll find running a MN easy.

Mr Spread will doubtless post some instructions, things might be a little different than with Darkcoin but it should still be a piece of cake.

[georgem]

We'll begin testing in 1-2 days on testnet.

Since we'll need coins to run masternodes I will set initial difficulty to 1/1000 that of SpreadCoin. Ever wanted to instamine something? This will be your chance

Awesome.

This will be so good!

[NoobKidOnTheBlock]

Hippie I think you might have a crippled kernel.  

I'm just curious where all of a sudden Hippie showed up trashing and bashing SpreadCoin? I don't understand why? This is a pretty solid and FUD free thread for what in my opinion is a pretty solid coin with a solid developer and community behind it.  So why the harshness Hippie? I mean I know a lot of shitcoins and scam coins out there and the nonstop people preaching that it's a scam and it's shit but there aren't too many people FUDDING or bashing this coin which is a nice refreshing step for the BCT community from what I can see Anyways I wouldn't mind knowing what the problem with this coin is?

[georgem]

Great news!  Thank you for all the hard work.

Mr. Spread, are you able to release the minimum required SPR for a masternode as of yet?

This minimum doesn't mean much because price will go higher anyway. 100 SPR looks reasonable.

100 SPR looks good, it shouldn't be more. I would prefer less.

But yes, the important thing to know would be the max amount of allowed masternodes. And if it should be fixed or allowed to change over time.
Maybe we'll need to figure that number out while testing....

[Hatch]

Hippie I think you might have a crippled kernel.  

Definitely! A bad memory leak and loads of corrupted data. The DRK is strong with that one. I fear his usefulness is dated...

[girino]

(...)

See.. SPR really is a chip off the old crypto fiat shitcoin we know as DRK, with the "fucking everyone who mined later" built right in.

Your fake concern for the miners makes me want to puke. What about the FTC, UFO, Phoenixcoin? ect., early adopters you helped fuck with that neoscrypt bullshit ?

Oh, let's bring that up, shall we? Vehre was hired to code a miner, and he didn't know jack shit. So he came out with slow code that only ran on 13.12. Who fixed it and immediately released, with a speedup? Me. Who further sped that up later and released that too? Me. Who had an obligation to help the FTC community? Not me. Were it not for me, they wouldn't have shit - and you're saying *I* fucked them over?

Do you honestly expect us to believe that you and your shitalgo ponzi cloning chums, would launch a coin without giving yourselves a distinct and unfair advantage ?

Your optimizations are a farse. We're onto the crippled kernel games you are playing.

Same shyte, different coin. --> https://bitcointalk.org/index.php?topic=909624.0

Oh! Now I get you. Finally.

While I don't create coins nor work with people who do to create algos, I finally understand your little conspiracy theory. I suppose you can't just believe that some people can't code for shit.

Dear Mr. Hippie Tech, You might not be a programmer, at least it does not looks like so. Anyone that has already programmed knows that "making it work" is quite easy, but making it efficient is really hard work. Usually people that release GPU miners are in for the rewards, and need to be fast so they are the first ones to claim it. This "first to finish wins all" leads to really, really bad code, made in a hurry and barely working. Usually copy and paste from CPU code. But here comes the thing: GPUs work in completely different way from CPUs, they have different memory models, and not everything runs well in parallel. So, some people like me just come in afterwards and see an opportunity for profit. We just make some tweeks to the original code so it works in parallel, or better uses the different memory levels of GPUs. This is a little bit harder than simply copy and pasting, but that's still not rocket science. I had less than 2 months of opencl programming experience when i optimized in 40% the X11 sgminer. This is only possible because people who release the first versions have do it a hurry in order to collect the rewards. Then there is a second step, which i never got myself into doing it, because it is REAL hard work, and that's what Wolf0 did with X11 miner: scrutinize the code, rewrite inefficient parts, eliminate dead code, adapt every single line of it to better run on specific GPU architectures, etc. This is really hard work and time consuming, and only happens when there is real money involved. No one would simply do that "for fun".

So you are partly right in the end: people like me and wolf0 are greedy bastards driven by money, but the fact that we exists is not a "conspiracy theory", but a mere consequence of the (bad) rewards system put in place by most coins. There is no reward for performance or quality, only to "make it work", and so that's what people do.

Now, you claim that wolf0 did this on purpose with this coin and with other coins, well I have to remind you that wolf0 REFUSED to develop a GPU miner for spread because at the time it was worth absolutely nothing. Now, you are going to claim that his refusal was also part of the "plot" to produce a "crippled" miner? That's an interesting theory, but as Carl Sagan used to say: extraordinary claims require extraordinary evidence. Occam's razor leads me to the easier explanation: people write shitty code to publish it fast (windows 95 anyone?), and then other people come and fix it, for a price. That's way simpler and easier to believe than "wolf0 is in a conspiracy with all opencl devs in the planet so that they produce bad code so he can claim he fixed it later"

(anyone still has the links to wolf0's refusal to do a spread miner? i'm too lazy to look for them)

[chrysophylax]

(...)

See.. SPR really is a chip off the old crypto fiat shitcoin we know as DRK, with the "fucking everyone who mined later" built right in.

Your fake concern for the miners makes me want to puke. What about the FTC, UFO, Phoenixcoin? ect., early adopters you helped fuck with that neoscrypt bullshit ?

Oh, let's bring that up, shall we? Vehre was hired to code a miner, and he didn't know jack shit. So he came out with slow code that only ran on 13.12. Who fixed it and immediately released, with a speedup? Me. Who further sped that up later and released that too? Me. Who had an obligation to help the FTC community? Not me. Were it not for me, they wouldn't have shit - and you're saying *I* fucked them over?

Do you honestly expect us to believe that you and your shitalgo ponzi cloning chums, would launch a coin without giving yourselves a distinct and unfair advantage ?

Your optimizations are a farse. We're onto the crippled kernel games you are playing.

Same shyte, different coin. --> https://bitcointalk.org/index.php?topic=909624.0

Oh! Now I get you. Finally.

While I don't create coins nor work with people who do to create algos, I finally understand your little conspiracy theory. I suppose you can't just believe that some people can't code for shit.

Dear Mr. Hippie Tech, You might not be a programmer, at least it does not looks like so. Anyone that has already programmed knows that "making it work" is quite easy, but making it efficient is really hard work. Usually people that release GPU miners are in for the rewards, and need to be fast so they are the first ones to claim it. This "first to finish wins all" leads to really, really bad code, made in a hurry and barely working. Usually copy and paste from CPU code. But here comes the thing: GPUs work in completely different way from CPUs, they have different memory models, and not everything runs well in parallel. So, some people like me just come in afterwards and see an opportunity for profit. We just make some tweeks to the original code so it works in parallel, or better uses the different memory levels of GPUs. This is a little bit harder than simply copy and pasting, but that's still not rocket science. I had less than 2 months of opencl programming experience when i optimized in 40% the X11 sgminer. This is only possible because people who release the first versions have do it a hurry in order to collect the rewards. Then there is a second step, which i never got myself into doing it, because it is REAL hard work, and that's what Wolf0 did with X11 miner: scrutinize the code, rewrite inefficient parts, eliminate dead code, adapt every single line of it to better run on specific GPU architectures, etc. This is really hard work and time consuming, and only happens when there is real money involved. No one would simply do that "for fun".

So you are partly right in the end: people like me and wolf0 are greedy bastards driven by money, but the fact that we exists is not a "conspiracy theory", but a mere consequence of the (bad) rewards system put in place by most coins. There is no reward for performance or quality, only to "make it work", and so that's what people do.

Now, you claim that wolf0 did this on purpose with this coin and with other coins, well I have to remind you that wolf0 REFUSED to develop a GPU miner for spread because at the time it was worth absolutely nothing. Now, you are going to claim that his refusal was also part of the "plot" to produce a "crippled" miner? That's an interesting theory, but as Carl Sagan used to say: extraordinary claims require extraordinary evidence. Occam's razor leads me to the easier explanation: people write shitty code to publish it fast (windows 95 anyone?), and then other people come and fix it, for a price. That's way simpler and easier to believe than "wolf0 is in a conspiracy with all opencl devs in the planet so that they produce bad code so he can claim he fixed it later"

(anyone still has the links to wolf0's refusal to do a spread miner? i'm too lazy to look for them)

couldnt have put it better myself ...

kudos ...

#crysx

[gjhiggins]

Did I miss anyone's response to my questions about Mr. Spread's missing 80k ? Links please.

Are you a recent purchaser of the Hippie Tech a/c? I'd have expected a hero member to know to read carefully the first couple of months posts because that's when scamdevs invariably give themselves away. Had you read the posts, you wouldn't be asking the questions. I would also have expected a hero member to have noted palmdetroit's commit of diffplot code to the cpuminer1.2 branch and taken account of that fact. I'd also expect a hero member to draw from a variety of sources such as the darkcointalk thread on Spreadcoin and have seen: “After seeing this thread here, I took the time to read the Spreadcoin thread and evaluate their devs code. It is very clean, intelligent, advanced code. He is certainly legit.”

But anyway, FTR:

What do you find normal about a difficulty adjustment algo that decided to take a hike during the first 65 minutes after launch ?

Can't see much to object to here, it's a p2p application and once the blockchain is out in the open, how it proceeds from there is a collective choice formed by the actions of the community members. The move was discussed and the community endorsed the dev's action by the majority switching to the new blockchain.

Thanks for confirming my suspicions that SPR has been extensively easymined by what appears to be, a select few.

Well, that just goes to show you that appearances can be deceptive. The first block of SPR I mined was block 4492, transaction e091....df5f timed at 9:31:46 on the 14th August 2014. This was two weeks after the launch and two weeks before Mr Spread announced that he'd lost his stash. I mined about 140 blocks between the morning of 14th Aug and midnight on the 17th and sporadically every few days thereafter. The last was on the 1st October, bringing the total to 4113.

My mining rig is my laptop, an Acer Aspire v5-571:



So, now everyone knows what h/w the “select few” use to ruthlessly plunder innocent new altcoins.

So Mr. Spread "lost" 80k flash/insta/easymine (may as well call it a PREMINE), eh ? How many others were duped into donating ?

Call it “Bernard” if you like, it's still inaccurate. And you're being offensive in describing members of the community as dupes.

Cheers

Graham