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

[chup]

My pool is still not listed and the title says still "no pools" etc..

Did You published source code for Your "pool miner"? Anyone successfully compiled from source? If not than it should be stated "no pools with open source miners".

[coins101]

The beauty of Master Nodes is they eliminate the need for side chains.



One of the issues with side chains which I found very amusing is that you have to swap out of, say, Bitcoin to another token or currency.  That sounds technically very feasible and attractive.

But the tax man is the killer to that approach. Exchanging one token of value for another is a disposable event in tax terms. Every side chain transaction has to be declared to the tax man.

Also.

Every side chain transaction would need to go through KYC (know your customer).

There are probably 10 more unintended consequences of side chains that are lurking in the background.

Master Nodes keep you in the currency you are transacting and you are simply accessing different services. From anonymity to Apps, they replicate what can happen on the Apple App store or on Google App store.

[georgem]

Master Nodes keep you in the currency you are transacting and you are simply accessing different services.

Yes, this is vitally important.

But I can imagine Spreadcoin using additional blockchain-like datastructures, not to be used for additional currency units ofcourse, but so that it facilitates the storage of new kinds of datastructures that might be needed for future MN functionality.  

[minerpage]

Master Nodes keep you in the currency you are transacting and you are simply accessing different services.

Yes, this is vitally important.

But I can imagine Spreadcoin using additional blockchain-like datastructures, not to be used for additional currency units ofcourse, but so that it facilitates the storage of new kinds of datastructures that might be needed for future MN functionality.  

I like the sound of that... agree on many different features and apps around Masternodes... looking forward to see some in action!

[entropycoin]

I'm not sure that I'd necessarily like the following idea, but perhaps in the distant future, masternodes could be used as escrow for additional masternodes.  This would likely have to come at a penalty to current masternode holders, so that it's not just seen as a pos coin and encourages current mn holders to remain invested, but could also potentially encourage latecomers to invest. 

Say for example 1 year from now the minimum requirement for a mn is 1250 spr with the price of spread being .003.  If btc stays at its current price, users wanting to invest $100 will be over $900 shy of a masternode.  Someone could host a mn from the qt wallet with any amount of spread and other users could link their amounts to that user until it becomes an active mn (when total amount equals 1250).  When this mn becomes active it could incur a penalty of perhaps 20-50 percent dispersed equally to all non shared mn holders.   

[coins101]

Some news on zerocash project.

http://youtu.be/96ULlHhia_Q?t=4h16m16s

Seems to be moving forward, although very slowly - that's academics for you.

Still it does show that master node applications can rise above competitive pressures from various anon projects.

[freezingwinter]

Glad to see another shitcoin dead ,ha haaa~~ 

[e1ghtSpace]

Glad to see another shitcoin dead ,ha haaa~~ 

I don't see how lies are funny.

[freezingwinter]

Glad to see another shitcoin dead ,ha haaa~~ 

I don't see how lies are funny.

Is there any public optimized AMD GPU miner ?

I have much free electricity power at hand,want to mine and dump .

[njs811]

Any new updates?

[ocminer]

Any new updates?

[NoobKidOnTheBlock]

Any new updates?

Haha that's pretty funny to be honest!! But on a serious note I'm guessing that no one has heard from Mr. Spread at all?

[njs811]

Any new updates?

Haha that's pretty funny to be honest!! But on a serious note I'm guessing that no one has heard from Mr. Spread at all?

Where have you been?

[NoobKidOnTheBlock]

I've been here and there just been playing futures lately and waiting for some information regarding the coins I'm invested in lol That's why I asked if anyone had heard from Mr. Spread yet or not?

[njs811]

I've been here and there just been playing futures lately and waiting for some information regarding the coins I'm invested in lol That's why I asked if anyone had heard from Mr. Spread yet or not?

No, they formed a new development team and invited a group on github.  There has been lots of talk about masternodes and their best immediate use. In 5 days or so there should be a new ANN out with the details about the future of this coin.

[ocminer]

With the naming discussion just started for DRK, you should probably also think about a decent Name and maybe a good dev.. Vertoe?

Mass Adoption for "spread"coin is surely as hard as for" dark "...

Well maybe hookers like (to)  spread.. 

[coins101]

With the naming discussion just started for DRK, you should probably also think about a decent Name and maybe a good dev.. Vertoe?

Mass Adoption for "spread"coin is surely as hard as for" dark "...

Well maybe hookers like (to)  spread.. 

I have been thinking about the name thing for a while.

I still think the master node services can win despite the name.  SPR is not necessarily about a currency. It's about software products and services.

[entropycoin]

I hear the name darkcoin may become available

[njs811]

I hear the name darkcoin may become available

But I don't think we want it. If we took it then it would pollute our coin into further rumors. We would look like the ultimate copy-cat coin. We are different and we want the world to know that.

[over_bought]

Dead coin has no future.