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

[ocminer]

I had some inquiries for renting rigs @ MRR for my Pool ..

Currently due to the special implemenation it is not so easy, but you can rent the rigs directly over me if you're still interested.

Just message me how much MH/s you want and for what time and we'll find a way.

Pool is stil open, testing goes well, everything will be open sourced soon and I hope some more pools will follow.

[1715243579]

1715243579

[njs811]

Join a pool at your own risk!

No lifeguard on duty.

[MadGhost]

This is a great time for an entry point into SpreadCoin [SPR] once the testing of Masternodes is completed anything can happen with a release edging that much closer.

So when the Masternodes will be ready then it will be boom.

[defunctec]

Sounds pretty cool.

Is there an economic benefit to the MNs with the most SPR being elected?

Not sure if transaction locking works this way, but if i wanted to send 500SPR via IX, i would need a masternode with enough SPR to cover my IX.

Am i wrong?

If i'm correct then yes there is a economic benefit.

[defunctec]

I had some inquiries for renting rigs @ MRR for my Pool ..

Currently due to the special implemenation it is not so easy, but you can rent the rigs directly over me if you're still interested.

Just message me how much MH/s you want and for what time and we'll find a way.

Pool is stil open, testing goes well, everything will be open sourced soon and I hope some more pools will follow.

Your open sourcing? Cool!

Is your implementation flawless? Will MrSpread be able to tweak SPR to protect against your type of implementation?

[njs811]

Sounds pretty cool.

Is there an economic benefit to the MNs with the most SPR being elected?

Not sure if transaction locking works this way, but if i wanted to send 500SPR via IX, i would need a masternode with enough SPR to cover my IX.

Am i wrong?

If i'm correct then yes there is a economic benefit.

Eventually the minimum for a MN will be 500 SPR because their will be kicking.

[njs811]

I had some inquiries for renting rigs @ MRR for my Pool ..

Currently due to the special implemenation it is not so easy, but you can rent the rigs directly over me if you're still interested.

Just message me how much MH/s you want and for what time and we'll find a way.

Pool is stil open, testing goes well, everything will be open sourced soon and I hope some more pools will follow.

Your open sourcing? Cool!

Is your implementation flawless? Will MrSpread be able to tweak SPR to protect against your type of implementation?

his pool has wide open holes in it. You would either have to completely trust him or be stupid enough to join blindly.

[defunctec]

I had some inquiries for renting rigs @ MRR for my Pool ..

Currently due to the special implemenation it is not so easy, but you can rent the rigs directly over me if you're still interested.

Just message me how much MH/s you want and for what time and we'll find a way.

Pool is stil open, testing goes well, everything will be open sourced soon and I hope some more pools will follow.

Your open sourcing? Cool!

Is your implementation flawless? Will MrSpread be able to tweak SPR to protect against your type of implementation?

his pool has wide open holes in it. You would either have to completely trust him or be stupid enough to join blindly.

How do you know that?

[defunctec]

I had some inquiries for renting rigs @ MRR for my Pool ..

Currently due to the special implemenation it is not so easy, but you can rent the rigs directly over me if you're still interested.

Just message me how much MH/s you want and for what time and we'll find a way.

Pool is stil open, testing goes well, everything will be open sourced soon and I hope some more pools will follow.

Your open sourcing? Cool!

Is your implementation flawless? Will MrSpread be able to tweak SPR to protect against your type of implementation?

his pool has wide open holes in it. You would either have to completely trust him or be stupid enough to join blindly.

Actually, his pool has a small hole in it - hardly could be called a hole. That is, a very skilled reverse engineer could join and take apart the miner. You've no clue what you're on about.

Ok, so could MrSpread write some code to protect against this kind of pool?

[duboisi]

No need Mr Spread. If the miner fork is open source, there will be people able to crack it and steal from the pool. So it is still not economical to run a pool.

[ocminer]

Don't spread FUD guys, the miner / pool combo is very simple, minimalistic and secure at once.

Let me explain why:

Currently, or before some time, the miner uses ccminer/spreadminer/sgminer and connects to his local wallet via an unencrypted connection i.e. everyone could read the privkey by listening to the connection, using wireshark or even by intercepting the data communication (Man-In-The-Middle)..
This is also a big security flaw for the coin if (private) miners are connecting to their wallet over the Internet i.e. their Rigs are not only local in their own network, as everyone could literally steal their private key.

One thing i've done is: I've encrypted all data between the pool and the miner, it uses a secure SSL connection, its the same kind of connection you use when you're doing online banking etc (https) so if you want to sniff on the data - you first have to break the SSL encryption and then you can steal that one session key :-)

The second thing is, "normal" miners don't work, I've simply tweaked them to refuse all kind of unencrypted connections and also added an extra certificate with some encryption so the pool recognizes exactly which version is used by whom. Thats why you need to use special versions of miners, they are simply of higher security.

So after all, I still don't get what you people are having against mining on a pool, there is and was pool mining on SPR all the time, just on private pools, now you have a public one and some start to FUD the hell out of it but don't even know what they are talking about, why ? :-)


Oh and btw.. These nice charts / graphics etc always implied there was NO pool mining and "decentralization" here .. Well.. I've mined LOTS of blocks with the pool already and it seems that noone ever realized.. So maybe your "decentralization" is not as good as it seems ... How else could I get away with it then all the time ?


Stop FUD'ing and keep concentrating on your Spread... err.. Masternodes and do something for the coin..

As long as a coin is mineable by anything like CCminer/Sgminer/Minerd you can start a pool for it.. Its just a matter of time and a matter of effort.. I had some spare time and nothing todo so I invested the time into this.. If this thing would be of more worth, already more pools would be there.

Oh and yes - I'll open source everything - absolutely. This is also no security hole as the certificates/passwords/encryption keys of the miners are of course NOT released...(no stealing) So everyone can compile their own miner, with his own keys/encryption for his own pools... Very simple, isn't it ?

[elbandi]

So after all, I still don't get what you people are having against mining on a pool, there is and was pool mining on SPR all the time, just on private pools, now you have a public one and some start to FUD the hell out of it but don't even know what they are talking about, why ? :-)


Oh and btw.. These nice charts / graphics etc always implied there was NO pool mining and "decentralization" here .. Well.. I've mined LOTS of blocks with the pool already and it seems that noone ever realized.. So maybe your "decentralization" is not as good as it seems ... How else could I get away with it then all the time ?

As long as a coin is mineable by anything like CCminer/Sgminer/Minerd you can start a pool for it.. Its just a matter of time and a matter of effort.. I had some spare time and nothing todo so I invested the time into this.. If this thing would be of more worth, already more pools would be there.

If the community want pool mining, than this minersignature stuff is useless, back to normal x11 algo, hurray everyone can mine in pool! And you dont have to build a closed+encrypted miner.

[sammy007]

Currently, or before some time, the miner uses ccminer/spreadminer/sgminer and connects to his local wallet via an unencrypted connection i.e. everyone could read the privkey by listening to the connection, using wireshark or even by intercepting the data communication (Man-In-The-Middle)..
This is also a big security flaw for the coin if (private) miners are connecting to their wallet over the Internet i.e. their Rigs are not only local in their own network, as everyone could literally steal their private key.

One thing i've done is: I've encrypted all data between the pool and the miner, it uses a secure SSL connection, its the same kind of connection you use when you're doing online banking etc (https) so if you want to sniff on the data - you first have to break the SSL encryption and then you can steal that one session key :-)

The second thing is, "normal" miners don't work, I've simply tweaked them to refuse all kind of unencrypted connections and also added an extra certificate with some encryption so the pool recognizes exactly which version is used by whom. Thats why you need to use special versions of miners, they are simply of higher security.

In other words, you just made SSL stratum. So miner know what data received from pool anyway, because he must be able to decrypt private key in order to sign block. If miner know private key he can steal coins.

Also, there is no flaw in coin, miner should care about his security and don't expose daemons to wild, if he has geographically distributed devices he can run daemon per subnet or make special secure network. But i agree, Mr. Spread probably can add optional SSL support to daemon and miner. Currently it's equal to regular bitcoin clone solo mining with unencrypted wallet, because rpcpassword is transfered unenctypted in all bitcoin forks between sgminer and daemon.

PS: I can't remember Mr. Spread ever said that SPR is pool-proof, it's pool-resistant, because it's impossible to deny people from sharing efforts to make some work together and share results. In very weird case miners even can make an agreement and mine solo, then share coins if they are honest.

[coins101]

So after all, I still don't get what you people are having against mining on a pool, there is and was pool mining on SPR all the time, just on private pools, now you have a public one and some start to FUD the hell out of it but don't even know what they are talking about, why ? :-)


Oh and btw.. These nice charts / graphics etc always implied there was NO pool mining and "decentralization" here .. Well.. I've mined LOTS of blocks with the pool already and it seems that noone ever realized.. So maybe your "decentralization" is not as good as it seems ... How else could I get away with it then all the time ?

As long as a coin is mineable by anything like CCminer/Sgminer/Minerd you can start a pool for it.. Its just a matter of time and a matter of effort.. I had some spare time and nothing todo so I invested the time into this.. If this thing would be of more worth, already more pools would be there.

If the community want pool mining, than this minersignature stuff is useless, back to normal x11 algo, hurray everyone can mine in pool! And you dont have to build a closed+encrypted miner.

Finally, some sense prevails.

Look. When people look at Spreadcoin, the solo mining angle is interesting, but its not the most important thing.

MrSpread is the reason to invest time and effort in supporting this project.

Pool mining coming out is very positive news. Making pool mining difficult to implement is even more positive. It should keep multipools away. That is far more important.

So, time to focus on developing something tangible from the project.

[Jesse Livermore]

I just sold half my SPR because Mr. Spread hasn't logged in for awhile.  Has me nervous. 

Just curious what amount of inactive time would have to pass before you all start getting nervous?
Personally, I've been screwed over in crypto by many devs and members who have disappeared with my DRK (DyslexicZombei) or have left me holding the bag, so I have very little tolerance for this shit, especially since it's simple to just post a "I'll be gone for a couple days" message.
Intuition tells me Mr. Spread will return soon but the fact that he claims to be in a country that doesn't look favorably upon crypto, along with the really bad timing of his going incommunicado (during mn testing) makes me a little nervous.
Am I going to go and panic-sell at these cheap prices though?! Hell no! Perhaps if this continues on for another week though, maybe.
JL

[MyFarm]

I just sold half my SPR because Mr. Spread hasn't logged in for awhile.  Has me nervous.  

Just curious what amount of inactive time would have to pass before you all start getting nervous?
Personally, I've been screwed over in crypto by many devs and members who have disappeared with my DRK (DyslexicZombei) or have left me holding the bag, so I have very little tolerance for this shit, especially since it's simple to just post a "I'll be gone for a couple days" message.
Intuition tells me Mr. Spread will return soon but the fact that he claims to be in a country that doesn't look favorably upon crypto, along with the really bad timing of his going incommunicado (during mn testing) makes me a little nervous.
Am I going to go and panic-sell at these cheap prices though?! Hell no! Perhaps if this continues on for another week though, maybe.

I'm not thrilled about the lack of activity but am not concerned as of yet.  There's a million possible reasons that would all be forgivable.  And he hasn't sold any of his donated coins that I can see, just moved them.  So what DavidR says there doesn't bother me either.

[LitcoinCollector]

There is always a risk involved in new coins.
I still think Spread will live up to it's potential.
These prices will Spread this coin.

[chrysophylax]

Don't spread FUD guys, the miner / pool combo is very simple, minimalistic and secure at once.

Let me explain why:

Currently, or before some time, the miner uses ccminer/spreadminer/sgminer and connects to his local wallet via an unencrypted connection i.e. everyone could read the privkey by listening to the connection, using wireshark or even by intercepting the data communication (Man-In-The-Middle)..
This is also a big security flaw for the coin if (private) miners are connecting to their wallet over the Internet i.e. their Rigs are not only local in their own network, as everyone could literally steal their private key.

One thing i've done is: I've encrypted all data between the pool and the miner, it uses a secure SSL connection, its the same kind of connection you use when you're doing online banking etc (https) so if you want to sniff on the data - you first have to break the SSL encryption and then you can steal that one session key :-)

The second thing is, "normal" miners don't work, I've simply tweaked them to refuse all kind of unencrypted connections and also added an extra certificate with some encryption so the pool recognizes exactly which version is used by whom. Thats why you need to use special versions of miners, they are simply of higher security.

So after all, I still don't get what you people are having against mining on a pool, there is and was pool mining on SPR all the time, just on private pools, now you have a public one and some start to FUD the hell out of it but don't even know what they are talking about, why ? :-)


Oh and btw.. These nice charts / graphics etc always implied there was NO pool mining and "decentralization" here .. Well.. I've mined LOTS of blocks with the pool already and it seems that noone ever realized.. So maybe your "decentralization" is not as good as it seems ... How else could I get away with it then all the time ?


Stop FUD'ing and keep concentrating on your Spread... err.. Masternodes and do something for the coin..

As long as a coin is mineable by anything like CCminer/Sgminer/Minerd you can start a pool for it.. Its just a matter of time and a matter of effort.. I had some spare time and nothing todo so I invested the time into this.. If this thing would be of more worth, already more pools would be there.

Oh and yes - I'll open source everything - absolutely. This is also no security hole as the certificates/passwords/encryption keys of the miners are of course NOT released...(no stealing) So everyone can compile their own miner, with his own keys/encryption for his own pools... Very simple, isn't it ?

its the lack of understanding that makes people nervous ...

you have explained it well ...

...

btw - I have pm'd you regarding the software issue ...

#crysx

[coins101]

Clearly not everyone got the memo.

When its a bit quiet and the dev is tied up after taking the girlfriend to watch 50 Shades, you need to talk about branding.

The name should be changed to just SPR.

[ocminer]

Don't spread FUD guys, the miner / pool combo is very simple, minimalistic and secure at once.

Let me explain why:

Currently, or before some time, the miner uses ccminer/spreadminer/sgminer and connects to his local wallet via an unencrypted connection i.e. everyone could read the privkey by listening to the connection, using wireshark or even by intercepting the data communication (Man-In-The-Middle)..
This is also a big security flaw for the coin if (private) miners are connecting to their wallet over the Internet i.e. their Rigs are not only local in their own network, as everyone could literally steal their private key.

One thing i've done is: I've encrypted all data between the pool and the miner, it uses a secure SSL connection, its the same kind of connection you use when you're doing online banking etc (https) so if you want to sniff on the data - you first have to break the SSL encryption and then you can steal that one session key :-)

The second thing is, "normal" miners don't work, I've simply tweaked them to refuse all kind of unencrypted connections and also added an extra certificate with some encryption so the pool recognizes exactly which version is used by whom. Thats why you need to use special versions of miners, they are simply of higher security.

So after all, I still don't get what you people are having against mining on a pool, there is and was pool mining on SPR all the time, just on private pools, now you have a public one and some start to FUD the hell out of it but don't even know what they are talking about, why ? :-)


Oh and btw.. These nice charts / graphics etc always implied there was NO pool mining and "decentralization" here .. Well.. I've mined LOTS of blocks with the pool already and it seems that noone ever realized.. So maybe your "decentralization" is not as good as it seems ... How else could I get away with it then all the time ?


Stop FUD'ing and keep concentrating on your Spread... err.. Masternodes and do something for the coin..

As long as a coin is mineable by anything like CCminer/Sgminer/Minerd you can start a pool for it.. Its just a matter of time and a matter of effort.. I had some spare time and nothing todo so I invested the time into this.. If this thing would be of more worth, already more pools would be there.

Oh and yes - I'll open source everything - absolutely. This is also no security hole as the certificates/passwords/encryption keys of the miners are of course NOT released...(no stealing) So everyone can compile their own miner, with his own keys/encryption for his own pools... Very simple, isn't it ?

its the lack of understanding that makes people nervous ...

you have explained it well ...

...

btw - I have pm'd you regarding the software issue ...

#crysx

Thanks for your warm words - finally someone ;-)

Yes - I got your PM, currently my inbox is exploding but we'll find a way to get you fixed soon, I'll try to compile it for you under fedora, should be no big deal