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

[georgem]

It's not about trusting Evan.  It's about not trusting the entities that could wield power over him if so desired.  

Good point!

At present, Darkcoin is like Napster with its centralized servers.  The government got pissed at Napster and it was done.  Digital cash, as disruptive as it is going to be, needs to be unable to be shutdown by anyone.

Or to be more precise,
the music industry got pissed at napster and used government as a tool to shutdown Napster.

That's the really scary thing about government... that it can be used as tool by any well financed and connected industry to further their agenda, or crush someone they don't like.

[minerpage]

That's the really scary thing about government... that it can be used as tool by any well financed and connected industry to further their agenda, or crush someone they don't like.

I think the biggest threat/regulation/limitation will come from government licensing efforts... as is already happening up north: "Québec Mandates Bitcoin ATMs, Trading Platforms Obtain Licenses" http://www.coindesk.com/quebec-province-bitcoin-regulation/

[georgem]

That's the really scary thing about government... that it can be used as tool by any well financed and connected industry to further their agenda, or crush someone they don't like.

I think the biggest threat/regulation/limitation will come from government licensing efforts... as is already happening up north: "Québec Mandates Bitcoin ATMs, Trading Platforms Obtain Licenses" http://www.coindesk.com/quebec-province-bitcoin-regulation/

This bureaucracy is so messed up! 

[duboisi]

After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

[njs811]

After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

I don't know what this means.

[e1ghtSpace]

Damn, was about to report a post but it got deleted as I left my comment. My reporting accuracy didn't go up.

[LeongTap]

Is anyone else finding blocks that never appear in their wallet? I am successfully mining to these wallets but some found blocks do not seem to make it to my total. I thought maybe I was just finding the same block as another miner and they were faster to confirm but this happens too frequently for that. It seems about every 4 blocks found I lose 1. Also seems to be more frequent on slower cards such as 270X.

Some coins have an orphan bug/ exploit and/or one or more of the whales is rejecting them.

The Fud pig is misleading you, notice how he said some coins ? i don't know about your problem, but i have a 10-20% rejection rate on my rigs which had ran a little more than 1 month on spreadcoin. I've asked around and seems like some others have the same experience as mine, so your not alone buddy.

(p/s: psss the pig is trying to spread fear, unrest and doubt (FUD) for this coin for selfish reasons, nobody knows why)

[LeongTap]

3. BINGO on #1.
4. Markets are easily manipulated when the dev owns more than 5% of the coins.

They set their bots to buy/sell into their orders, inducing panic buys and sells at will. And all it takes is one panicing noob to make back the 0.25% exhange fees.

Did you forget about this enlightening revelation ?

Or did you purposely ignore my response after realizing that you have said too much ? lol

Pig, why are you avoiding my question ?  It has been 5 days since i've asked you: What have you exposed here ? 

[Nthused]

This thread is again becoming off topic with trolls that are spreading their non existent issues just to FUD the price down... Congratulations I must say because this is the best time to stock back up or get in on SPR, this is as cheap as it's gonna get !

[Hippie Tech]

After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

[coins101]

After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

Who wants to own up to how much more optimized the optimized miner is?

While people have the ability to do these things, it does go against the grain. Avoiding pools on the one hand, having optimized miners take advantage of the solo miners on the other.

That could be a nil sum gain to the intended outcome behind one of the central objectives of this project.

Yeah, yeah, yeah. Fud. Fud. Fud. Troll. Troll. Troll. We're going back to the self-moderated thread. La la la. I can't hear you.

[Hippie Tech]

After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

Who wants to own up to how much more optimized the optimized miner is?

While people have the ability to do these things, it does go against the grain. Avoiding pools on the one hand, having optimized miners take advantage of the solo miners on the other.

That could be a nil sum gain to the intended outcome behind one of the central objectives of this project.

Yeah, yeah, yeah. Fud. Fud. Fud. Troll. Troll. Troll. We're going back to the self-moderated thread. La la la. I can't hear you.

You can't. But the other 99.999% of the general public can.

[coins101]

-snip-
You can't. But the other 99.999% of the general public can.

I know this is crypto, but don't be cryptic. Explain.

[georgem]

-snip-
You can't. But the other 99.999% of the general public can.

I know this is crypto, but don't be cryptic. Explain.

LOL, quote of the year!

[georgem]

We are approaching the election of the 1440 necessairy MNs...

We are almost there.

Please come join us and help us on test net.

You can find all info here:

http://spreadcointalk.org/index.php?topic=93.0

[defunctec]

After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:
1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.

I think whoever can "steal" electricity (i.e.: free electricity) can do more damage than optimized miner. Every Sat is profit.

Not if the unadulterated miner is several, likely dozens of times more efficient.

While people have the ability to do these things, it does go against the grain. Avoiding pools on the one hand, having optimized miners take advantage of the solo miners on the other.

Why is this only a problem for SPR?

Couldn't I optimize my mining software to mine DRK more efficiently, then take my new miner to a pool and mine DRK?

[Halofire]

Darkcoin sees SPR on the street.... Who's having all the fun?

[e1ghtSpace]

Darkcoin sees SPR on the street.... Who's having all the fun?

I'm trying to figure out if the guy is driving or the girl is walking backwards.

[georgem]

Darkcoin sees SPR on the street.... Who's having all the fun?

I'm trying to figure out if the guy is driving or the girl is walking backwards.

Easy, look at the mirror image in the window...

[e1ghtSpace]

Darkcoin sees SPR on the street.... Who's having all the fun?

I'm trying to figure out if the guy is driving or the girl is walking backwards.

Easy, look at the mirror image in the window...

You are a smart person, my friend.


I have 0.46 btc, at what price should I buy SPR?

Maybe someone can give me a little discount...