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

[thelonecrouton]

What I don't get:

What is so bad about pool(s) ?

They defeat the whole point of mining - to make it expensive to compromise a blockchain. A thousand miners all mining on separate machines are a hard target to ovecome, but a thousand miners all mining through one server controlled by one person is not. Pools short-circuit blockchain security. And the constant dumping of multipools acts as constant downward price pressure.

[Mpare]

Did you finish your blowjov already?? Damn...you are good!!

[pokeytex]

I really need to stop reading this thread, I have coding to do... but for some reason, it's hard to stop.

have you already sold your AMD miner to whales ?? 

I told my grandpa I would give him a special blowjob...he is super happy!! 

what a good grandson!

LOL - someone got a hold of their parent's computer today.  Not much else in your life going on that excites you huh?

[defunctec]

ok,I copy some info from http://spr.nonce-pool.com
Contributor Shares
Rank    Donor    User Name    Shares
1       chrysophylax    32,333
2       zorbo    4,732
3       Admin    2,405
4       antonio8    610
5       anonymous    34


ast 20 Blocks Found
Block    Validity    Finder    Time    Difficulty    Amount    Expected Shares    PPLNS Shares    Actual Shares    Percentage
240144    Confirmed    chrysophylax    01/26/2015 14:14:53    66.8061    6.2664    17,102    22,069    13,679    79.98
240101    Confirmed    chrysophylax    01/26/2015 13:24:28    70.2068    6.2665    17,973    18,850    2,151    11.97
240096    Confirmed    chrysophylax    01/26/2015 13:16:41    70.4470    6.2665    18,034    26,110    18,008    99.86
240018    Confirmed    chrysophylax    01/26/2015 12:07:31    66.9600    6.2666    17,142    35,899    53,206    310.38
239826    Confirmed    antonio8    01/26/2015 08:53:29    66.2038    6.2670    16,948    19,213    9,664    57.02
239795    Confirmed    anonymous    01/26/2015 08:21:17    64.2589    6.2670    16,450    22,910    15,553    94.55
239724    Confirmed    chrysophylax    01/26/2015 07:28:34    61.3633    6.2671    15,709    25,423    23,275    148.16
239645    Confirmed    chrysophylax    01/26/2015 06:10:58    62.3111    6.2673    15,952    34,722    45,112    282.80
239467    Confirmed    chrysophylax    01/26/2015 03:16:35    64.4197    6.2676    16,491    30,995    41,689    252.80
239306    Confirmed    chrysophylax    01/26/2015 00:26:41    64.0728    6.2678    16,403    25,880    34,326    209.27
239199    Confirmed    chrysophylax    01/25/2015 22:23:04    69.8051    6.2680    17,870    18,593    17,103    95.71
239140    Confirmed    chrysophylax    01/25/2015 21:26:35    68.4833    6.2681    17,532    26,545    37,898    216.16
239023    Confirmed    chrysophylax    01/25/2015 19:26:11    72.2618    6.2683    18,499    20,810    6,984    37.75
239004    Confirmed    chrysophylax    01/25/2015 19:03:43    72.8138    6.2683    18,640    21,051    1,469    7.88
238992    Confirmed    chrysophylax    01/25/2015 18:58:36    71.1036    6.2683    18,203    32,232    37,233    204.54
238878    Confirmed    chrysophylax    01/25/2015 16:57:12    70.8292    6.2685    18,132    26,863    18,356    101.24
238821    Confirmed    antonio8    01/25/2015 15:54:58    71.2020    6.2686    18,228    38,927    62,527    343.03
238581    Confirmed    antonio8    01/25/2015 12:17:31    61.9369    6.2690    15,856    18,607    6,539    41.24
238545    Confirmed    antonio8    01/25/2015 11:53:30    60.8291    6.2691    15,572    17,469    169    1.09
238544    Confirmed    chrysophylax    01/25/2015 11:52:53    60.8079    6.2691    15,567    21,891    4,057    26.06
Totals    342,303    505,059    448,998    131.17

I need to keep this post known by more people here,a solid evidence of pool mining.

If both miner and pool know private key but only pool knows the content of
the block than pool can generate and broadcast spending transaction earlier than miner. If both miner

1 Double-spending. Bitcoin Wiki. https://en.bitcoin.it/wiki/Double-spendingand pool know content of the block than miner will be the first one who can broadcast block and
spending transaction.

I always knew spr could be pool mined, but the incentives to do so (due to perimeters) are not there. Its too risky.

In SpreadCoin mining is organized in such way that miner must know the following things:
1. Private key corresponding to the coinbase transaction.
2. Whole block, not only its header.

But hey, i know shit. Id much rather see MrSpread do more FUD bashing.

[minerpage]

the "Ignore" function under the name is super handy... life is good

[ocminer]

What I don't get:

What is so bad about pool(s) ?

well, there are 2 main things:

1- centralization of hashpower in the hands of few pool owners (sometimes a single pool has 51% of the hash power, which allows them to perform 51% attacks on the network)
2- multipools dumping the coins as soon as they are mined, making the price of the coin go down.

There are also good things about pools, like enabling more predictability in the income from mining and allowing small miners to mine when hashrates are too big. So it's actually a "choice" this coin has made to avoid pools, and it has been a successful one.

1. Well miners decide where to mine, if they see the pool gets too large/big, they can just move away. Fair pool ops would also close registrations and put a message on the pool for the miners to spread.

2. A multipool is also helping coins getting the price up.. Imagine coins that are not mineable anymore, a multipool mines other currencies and buys "that" coin with the coins it mined and pays out in "that" currency.. There is nothing bad about it - I - or any other pool op, could set up a normal multipool for SPR in a few minutes.


Some seem to forget that there are lot of "private" pools in SPR.. I saw a distribution chart somehwere in this thread, I think it was in the OP, well, if that doesn't look like there are a few private pools i don't know what it looks like

Everything that is somekind of "worthy" will be mined by people with lots of hashing power.. So always the people with the biggest hash get the most coin.. It doesnt matter if there are private or public pools

[pokeytex]

Oh my God!  The ignore button is AWESOME!!!!

[Jesse Livermore]

I really need to stop reading this thread, I have coding to do... but for some reason, it's hard to stop.

I know right lol I woke up and had 5 pages of this nonsense to read through lol I find it quite hilarious the lengths that people will go through to score some cheap coins hahaha But at the same time it is pretty sad to know that people resort to bashing coins to score cheap coins for themselves but I guess that's Crypto for you! I am not complaining though because I was able to almost double my SpreadCoin stash since the FUD began

It's amusing and sad. Best part is, attacks like this on some coins could cause permanent damage - which would leave the attacker bagholding. This means they'll probably only attack coins they think are strong and can handle it - almost a compliment.

But they are in the right in something: SPR will become more centralized after this since we will be buying all the cheap SPR that they and their minions are dumping... So, the suposed mining and "scandal" was not the cause of centralization, but their dump is

The distribution of SPR, like any crypto, will always ebb and flow. Price will increase and distribution will grow and then price will decrease and distribution will get tight again.
Overall though with each price increase we'll get more and more SPR owners and distribution of SPR will "spread" to more people and thereby decentralize the coin.
JL

[girino]

Everybody knows FPGA can mine x11 algo coins now,so FPGA can also mine x11+siged block -- SpreadX11 algo.
Am I right ?

Wait, HE GOT SOMETHING RIGHT, for the first time ever! WOW! Never thought he would be able to say something that is true. Probably he thought it was untrue when he said it...

But then, FPGA can run anything, you can build a whole computer out of FPGAs, so don't flatter yourself, that's just what the P in FPGA stands for: Programable...

[bitman008]

ok,I copy some info from http://spr.nonce-pool.com
Contributor Shares
Rank    Donor    User Name    Shares
1       chrysophylax    32,333
2       zorbo    4,732
3       Admin    2,405
4       antonio8    610
5       anonymous    34


ast 20 Blocks Found
Block    Validity    Finder    Time    Difficulty    Amount    Expected Shares    PPLNS Shares    Actual Shares    Percentage
240144    Confirmed    chrysophylax    01/26/2015 14:14:53    66.8061    6.2664    17,102    22,069    13,679    79.98
240101    Confirmed    chrysophylax    01/26/2015 13:24:28    70.2068    6.2665    17,973    18,850    2,151    11.97
240096    Confirmed    chrysophylax    01/26/2015 13:16:41    70.4470    6.2665    18,034    26,110    18,008    99.86
240018    Confirmed    chrysophylax    01/26/2015 12:07:31    66.9600    6.2666    17,142    35,899    53,206    310.38
239826    Confirmed    antonio8    01/26/2015 08:53:29    66.2038    6.2670    16,948    19,213    9,664    57.02
239795    Confirmed    anonymous    01/26/2015 08:21:17    64.2589    6.2670    16,450    22,910    15,553    94.55
239724    Confirmed    chrysophylax    01/26/2015 07:28:34    61.3633    6.2671    15,709    25,423    23,275    148.16
239645    Confirmed    chrysophylax    01/26/2015 06:10:58    62.3111    6.2673    15,952    34,722    45,112    282.80
239467    Confirmed    chrysophylax    01/26/2015 03:16:35    64.4197    6.2676    16,491    30,995    41,689    252.80
239306    Confirmed    chrysophylax    01/26/2015 00:26:41    64.0728    6.2678    16,403    25,880    34,326    209.27
239199    Confirmed    chrysophylax    01/25/2015 22:23:04    69.8051    6.2680    17,870    18,593    17,103    95.71
239140    Confirmed    chrysophylax    01/25/2015 21:26:35    68.4833    6.2681    17,532    26,545    37,898    216.16
239023    Confirmed    chrysophylax    01/25/2015 19:26:11    72.2618    6.2683    18,499    20,810    6,984    37.75
239004    Confirmed    chrysophylax    01/25/2015 19:03:43    72.8138    6.2683    18,640    21,051    1,469    7.88
238992    Confirmed    chrysophylax    01/25/2015 18:58:36    71.1036    6.2683    18,203    32,232    37,233    204.54
238878    Confirmed    chrysophylax    01/25/2015 16:57:12    70.8292    6.2685    18,132    26,863    18,356    101.24
238821    Confirmed    antonio8    01/25/2015 15:54:58    71.2020    6.2686    18,228    38,927    62,527    343.03
238581    Confirmed    antonio8    01/25/2015 12:17:31    61.9369    6.2690    15,856    18,607    6,539    41.24
238545    Confirmed    antonio8    01/25/2015 11:53:30    60.8291    6.2691    15,572    17,469    169    1.09
238544    Confirmed    chrysophylax    01/25/2015 11:52:53    60.8079    6.2691    15,567    21,891    4,057    26.06
Totals    342,303    505,059    448,998    131.17

I need to keep this post known by more people here,a solid evidence of pool mining.

@ocminer,can you set up a pool like nonce-pool? if you can,i'll rent some hashpower to rape .

Everybody knows FPGA can mine x11 algo coins now,so FPGA can also mine x11+siged block -- SpreadX11 algo.
Am I right ?

FPGA may kill a fragile algo when it's still young.

[A-tM]

Mr.spread has never lost his 80K spr,here is the evidence,
http://www.multifaucet.tk/index.php?address=SZt6y5AMjSDP5f6Eps3hhZNq8sz5oSiXDt&blockexplorer=SPR

Don't be too fast in your assumptions ;-)

The only thing this "evidence" is showing, is that there are more than 153k coins in one address. Nothing more, nothing less.

[MyFarm]

Can we do this again tomorrow?

I'm estimating the fun and games cost someone about 25BTC (a reasonable percentage of which is now in my pocket) and a free two day pass to monstercocks.com for bitman008 for his comedy routine.

Nicely done.  As tempted as I was to run the entire offer side, I've already got enough SPR for now (and need to give more away).  I didn't buy a single SPR on this downturn.  It's nice to know there's plenty of people out there supporting its' price and are smart enough to see where it's going.

[Mikolo]

ok,I copy some info from http://spr.nonce-pool.com
Contributor Shares
Rank    Donor    User Name    Shares
1       chrysophylax    32,333
2       zorbo    4,732
3       Admin    2,405
4       antonio8    610
5       anonymous    34


ast 20 Blocks Found
Block    Validity    Finder    Time    Difficulty    Amount    Expected Shares    PPLNS Shares    Actual Shares    Percentage
240144    Confirmed    chrysophylax    01/26/2015 14:14:53    66.8061    6.2664    17,102    22,069    13,679    79.98
240101    Confirmed    chrysophylax    01/26/2015 13:24:28    70.2068    6.2665    17,973    18,850    2,151    11.97
240096    Confirmed    chrysophylax    01/26/2015 13:16:41    70.4470    6.2665    18,034    26,110    18,008    99.86
240018    Confirmed    chrysophylax    01/26/2015 12:07:31    66.9600    6.2666    17,142    35,899    53,206    310.38
239826    Confirmed    antonio8    01/26/2015 08:53:29    66.2038    6.2670    16,948    19,213    9,664    57.02
239795    Confirmed    anonymous    01/26/2015 08:21:17    64.2589    6.2670    16,450    22,910    15,553    94.55
239724    Confirmed    chrysophylax    01/26/2015 07:28:34    61.3633    6.2671    15,709    25,423    23,275    148.16
239645    Confirmed    chrysophylax    01/26/2015 06:10:58    62.3111    6.2673    15,952    34,722    45,112    282.80
239467    Confirmed    chrysophylax    01/26/2015 03:16:35    64.4197    6.2676    16,491    30,995    41,689    252.80
239306    Confirmed    chrysophylax    01/26/2015 00:26:41    64.0728    6.2678    16,403    25,880    34,326    209.27
239199    Confirmed    chrysophylax    01/25/2015 22:23:04    69.8051    6.2680    17,870    18,593    17,103    95.71
239140    Confirmed    chrysophylax    01/25/2015 21:26:35    68.4833    6.2681    17,532    26,545    37,898    216.16
239023    Confirmed    chrysophylax    01/25/2015 19:26:11    72.2618    6.2683    18,499    20,810    6,984    37.75
239004    Confirmed    chrysophylax    01/25/2015 19:03:43    72.8138    6.2683    18,640    21,051    1,469    7.88
238992    Confirmed    chrysophylax    01/25/2015 18:58:36    71.1036    6.2683    18,203    32,232    37,233    204.54
238878    Confirmed    chrysophylax    01/25/2015 16:57:12    70.8292    6.2685    18,132    26,863    18,356    101.24
238821    Confirmed    antonio8    01/25/2015 15:54:58    71.2020    6.2686    18,228    38,927    62,527    343.03
238581    Confirmed    antonio8    01/25/2015 12:17:31    61.9369    6.2690    15,856    18,607    6,539    41.24
238545    Confirmed    antonio8    01/25/2015 11:53:30    60.8291    6.2691    15,572    17,469    169    1.09
238544    Confirmed    chrysophylax    01/25/2015 11:52:53    60.8079    6.2691    15,567    21,891    4,057    26.06
Totals    342,303    505,059    448,998    131.17

I need to keep this post known by more people here,a solid evidence of pool mining.

@ocminer,can you set up a pool like nonce-pool? if you can,i'll rent some hashpower to rape .

Everybody knows FPGA can mine x11 algo coins now,so FPGA can also mine x11+siged block -- SpreadX11 algo.
Am I right ?

FPGA may kill a fragile algo when it's still young.

Why this guy write posts with big red letters?

[girino]

What I don't get:

What is so bad about pool(s) ?

well, there are 2 main things:

1- centralization of hashpower in the hands of few pool owners (sometimes a single pool has 51% of the hash power, which allows them to perform 51% attacks on the network)
2- multipools dumping the coins as soon as they are mined, making the price of the coin go down.

There are also good things about pools, like enabling more predictability in the income from mining and allowing small miners to mine when hashrates are too big. So it's actually a "choice" this coin has made to avoid pools, and it has been a successful one.

1. Well miners decide where to mine, if they see the pool gets too large/big, they can just move away. Fair pool ops would also close registrations and put a message on the pool for the miners to spread.

2. A multipool is also helping coins getting the price up.. Imagine coins that are not mineable anymore, a multipool mines other currencies and buys "that" coin with the coins it mined and pays out in "that" currency.. There is nothing bad about it - I - or any other pool op, could set up a normal multipool for SPR in a few minutes.


Some seem to forget that there are lot of "private" pools in SPR.. I saw a distribution chart somehwere in this thread, I think it was in the OP, well, if that doesn't look like there are a few private pools i don't know what it looks like

Everything that is somekind of "worthy" will be mined by people with lots of hashing power.. So always the people with the biggest hash get the most coin.. It doesnt matter if there are private or public pools

Well, clearly there are already a lot of coins for those who do agree with you. SPR is the coin for those who DO NOT. I still prefer not to rely on the conscience of pool owners and miners and have a little bit o mathematics give me a little help. As i said, there is value in pools and there is also problems. Choosing to allow or avoid pools in a coin is mostly a choice.

And, based in your last sentence, i don't think you got it correctly : we are not communists here, we really don't care that some people make more money than others, we are talking about securing the blockchain, not about distributing wealth.

[NoobKidOnTheBlock]

I really need to stop reading this thread, I have coding to do... but for some reason, it's hard to stop.

I know right lol I woke up and had 5 pages of this nonsense to read through lol I find it quite hilarious the lengths that people will go through to score some cheap coins hahaha But at the same time it is pretty sad to know that people resort to bashing coins to score cheap coins for themselves but I guess that's Crypto for you! I am not complaining though because I was able to almost double my SpreadCoin stash since the FUD began

It's amusing and sad. Best part is, attacks like this on some coins could cause permanent damage - which would leave the attacker bagholding. This means they'll probably only attack coins they think are strong and can handle it - almost a compliment.

Yes I completely agree with that I like that FUDDERS come and try to bash a coin when why? If you think this coin is a scam then don't invest in it! But why would they spread the FUD unless they wanted to get in on the coin right I mean are we supposed to believe that they are good samaritans trying to help investors not lose their money hahahaha okay there buddy!! I have seen this time and time again on almost every good coin I have invested in and all the time the same thing happens.  They cause panic people who are stupid and believe their lies dump their coins hoping not to lose all their money then the coin bounces back with a fury and goes to an all time new high I appreciate the FUD because it does show that this coin is starting to draw the attention of the masses and it can be taken kind of like a compliment Cheers

[Sic840]

Can we do this again tomorrow?

I'm estimating the fun and games cost someone about 25BTC (a reasonable percentage of which is now in my pocket) and a free two day pass to monstercocks.com for bitman008 for his comedy routine.

Nicely done.  As tempted as I was to run the entire offer side, I've already got enough SPR for now (and need to give more away).  I didn't buy a single SPR on this downturn.  It's nice to know there's plenty of people out there supporting its' price and are smart enough to see where it's going.

I have been trying to get in under 40k from its first day on trex. Thank you to the super virus aware fudders.

[Gladimor]

It is clear that bitman008 failed to hold the price down with his claims of "pool-mining". He is now desperately resorting to claiming that FPGAs will destroy SPR. How about you back your hot air with some physical evidence?

[Stormkeeper]

Can we do this again tomorrow?

I'm estimating the fun and games cost someone about 25BTC (a reasonable percentage of which is now in my pocket) and a free two day pass to monstercocks.com for bitman008 for his comedy routine.

Nicely done.  As tempted as I was to run the entire offer side, I've already got enough SPR for now (and need to give more away).  I didn't buy a single SPR on this downturn.  It's nice to know there's plenty of people out there supporting its' price and are smart enough to see where it's going.

If you have such urge to give SPR away I would like to help you  

Sfe1SPhVmieN6GsD4a3LPmo76XjhjPSqkD

I will not sell it in a long time.  

[Mpare]

FPGA may kill a fragile algo when it's still young.
[/quote]

Do you wear red underwear like you use your letters? I think you'll look awesome in red! Do you like spanking by your daddy??

[antonio8]

ok,I copy some info from http://spr.nonce-pool.com
Contributor Shares
Rank    Donor    User Name    Shares
1       chrysophylax    32,333
2       zorbo    4,732
3       Admin    2,405
4       antonio8    610
5       anonymous    34


ast 20 Blocks Found
Block    Validity    Finder    Time    Difficulty    Amount    Expected Shares    PPLNS Shares    Actual Shares    Percentage
240144    Confirmed    chrysophylax    01/26/2015 14:14:53    66.8061    6.2664    17,102    22,069    13,679    79.98
240101    Confirmed    chrysophylax    01/26/2015 13:24:28    70.2068    6.2665    17,973    18,850    2,151    11.97
240096    Confirmed    chrysophylax    01/26/2015 13:16:41    70.4470    6.2665    18,034    26,110    18,008    99.86
240018    Confirmed    chrysophylax    01/26/2015 12:07:31    66.9600    6.2666    17,142    35,899    53,206    310.38
239826    Confirmed    antonio8    01/26/2015 08:53:29    66.2038    6.2670    16,948    19,213    9,664    57.02
239795    Confirmed    anonymous    01/26/2015 08:21:17    64.2589    6.2670    16,450    22,910    15,553    94.55
239724    Confirmed    chrysophylax    01/26/2015 07:28:34    61.3633    6.2671    15,709    25,423    23,275    148.16
239645    Confirmed    chrysophylax    01/26/2015 06:10:58    62.3111    6.2673    15,952    34,722    45,112    282.80
239467    Confirmed    chrysophylax    01/26/2015 03:16:35    64.4197    6.2676    16,491    30,995    41,689    252.80
239306    Confirmed    chrysophylax    01/26/2015 00:26:41    64.0728    6.2678    16,403    25,880    34,326    209.27
239199    Confirmed    chrysophylax    01/25/2015 22:23:04    69.8051    6.2680    17,870    18,593    17,103    95.71
239140    Confirmed    chrysophylax    01/25/2015 21:26:35    68.4833    6.2681    17,532    26,545    37,898    216.16
239023    Confirmed    chrysophylax    01/25/2015 19:26:11    72.2618    6.2683    18,499    20,810    6,984    37.75
239004    Confirmed    chrysophylax    01/25/2015 19:03:43    72.8138    6.2683    18,640    21,051    1,469    7.88
238992    Confirmed    chrysophylax    01/25/2015 18:58:36    71.1036    6.2683    18,203    32,232    37,233    204.54
238878    Confirmed    chrysophylax    01/25/2015 16:57:12    70.8292    6.2685    18,132    26,863    18,356    101.24
238821    Confirmed    antonio8    01/25/2015 15:54:58    71.2020    6.2686    18,228    38,927    62,527    343.03
238581    Confirmed    antonio8    01/25/2015 12:17:31    61.9369    6.2690    15,856    18,607    6,539    41.24
238545    Confirmed    antonio8    01/25/2015 11:53:30    60.8291    6.2691    15,572    17,469    169    1.09
238544    Confirmed    chrysophylax    01/25/2015 11:52:53    60.8079    6.2691    15,567    21,891    4,057    26.06
Totals    342,303    505,059    448,998    131.17

antonio8    ,this name look familar in this thread,doesn't it??

Hey dip s#hit news flash for you. I already posted on it today. You act like the pool was top secret. Nonce already announced it in this thread over a week ago that he was going to test one and to contact him if you wanted to try it  out. It's in this thread. As I said earlier, read and keep up.

Another news flash for you, someone posted in this thread they made a an optimized mine with a address to get it.  Guess what, I did.

Learn to frickin read all the information is right in front of you.

One last thing and I won't respond because this is what you want. Why don't you start posting with your real account because you are not new. Stop hiding behind another account so everyone can see who you really are.

Again learn to read and follow threads and don't make it seem like you discovered something that is already there.