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

[MyFarm]

I believe I now know what happened to Mr. Spread.

https://bitcointalk.org/index.php?topic=678232.1320

Eh? I'm not following.

Evan Duffield of Darkcoin has shown that he is willing to pay a developer to in essence abandon their coin instead of doing a proper takeover.  Did he do that with Mr. Spread and Spreadcoin?  I have no proof, but certainly think it's possible.

[1715100092]

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[1715100092]

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[1715100092]

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[pokeytex]

I believe I now know what happened to Mr. Spread.

https://bitcointalk.org/index.php?topic=678232.1320

Eh? I'm not following.

Evan Duffield of Darkcoin has shown that he is willing to pay a developer to in essence abandon their coin instead of doing a proper takeover.  Did he do that with Mr. Spread and Spreadcoin?  I have no proof, but certainly think it's possible.

I was also wondering the same thing but didn't want to start anything.  If it is what has happened then we do not want Mr. Spread to be a part of this coin for obvious reasons.

[gjhiggins]

If it is what has happened then we do not want Mr. Spread to be a part of this coin for obvious reasons.

From a pragmatic view, it'd be impossible to prevent. He may even be currently active in Spreadcoin but using a different pseudonym.

Cheers

Graham

[Jesse Livermore]

I believe I now know what happened to Mr. Spread.

https://bitcointalk.org/index.php?topic=678232.1320

Eh? I'm not following.

Evan Duffield of Darkcoin has shown that he is willing to pay a developer to in essence abandon their coin instead of doing a proper takeover.  Did he do that with Mr. Spread and Spreadcoin?  I have no proof, but certainly think it's possible.

Ya but why would Mr. spread not just pocket the payoff, change his name and start up a new coin? There's no way Evan could prove it was or wasn't Mr.Spread. I'm not buying it, and we'll probably never learn what happened to Mr. Spread.

[Gladimor]

Mr. Spread pulled off "a satoshi", and now it is up to the new dev team to bring SPR to fame. We should look towards the future of things, not to the past

[njs811]

Mr. Spread pulled off "a satoshi", and now it is up to the new dev team to bring SPR to fame. We should look towards the future of things, not to the past

Agreed, but don't be surprised if we see some additions from a new surprise user.

[ocminer]

Relaunch with a fresh chain, would be my recommendation, the coin distribution is a big "?" for the coin

[gjhiggins]

the coin distribution is a big "?" for the coin

In what respect? I'd be grateful if you could outline the perception.

Cheers

Graham

[homm3r]

Relaunch with a fresh chain, would be my recommendation, the coin distribution is a big "?" for the coin

strange suggestion, to say the least.

Cheers

[Gladimor]

Relaunch with a fresh chain, would be my recommendation, the coin distribution is a big "?" for the coin

I`d advise not to. A few large wallet addresses are inactive, as well as during the past 3-4 weeks, a lot of SPR has changed hands. Coin distribution is not a valid concern with SPR.

[ocminer]

Oh wow just one post about "fresh distribution" and within a few minutes already three posts to NOT relaunch with a fresh chain..

That makes things even clearer ;-)

[Gladimor]

Oh wow just one post about "fresh distribution" and within a few minutes already three posts to NOT relaunch with a fresh chain..

That makes things even clearer ;-)

Lol, good one  

It`s amazing how many people are anti-SPR. That makes things even MORE clearer 

[gjhiggins]

FWIW Dept:

Bitcredit has a masternode implementation on test:

https://bitcointalk.org/index.php?topic=896133.msg10781381#msg10781381

In this implementation they would appear to be termed “bank nodes” and this description hints at functionality:

“Your node earns you between 1000 and 2000 BCR a week for processing tx, escrow and acting as insurer of large transactions.”

Bitcredit github source for code mavens.

Cheers

Graham

[gjhiggins]

That makes things even clearer ;-)

No, I'm still in the dark about what you're referencing, could you at least provide a link to one of the questions about the distribution?

Cheers

Graham

[homm3r]

Oh wow just one post about "fresh distribution" and within a few minutes already three posts to NOT relaunch with a fresh chain..

That makes things even clearer ;-)

))) detective )

[ocminer]

That makes things even clearer ;-)

No, I'm still in the dark about what you're referencing, could you at least provide a link to one of the questions about the distribution?

Cheers

Graham

While I developed the pool for the coin and had a closer look at the blockchain, I noticed that there were large farms mining this coin, of course there were also a few solominers, but the biggest amount of coins always went to the already big wallets (with private pools) so the distribution was even worse than with other coins which had "normal" distribution through pools.

tbh - without wanting to fud or spreading lies - this coin, it its original form, was/is the pump & dumpers dream - Control a big percentage of coin by being the one with the private pool, having an argument for others buying the coin (no pools and darkcoin like masternodes) and getting others involved in the coin too by telling them about the concept (in private) about the "project"..

While i was testing my pool, i mined A LOT of coins in the pool but no one ever noticed - shouldn't that be impossible because of the distribution charts etc. ? Well.. They had not much todo with the reality

It is surely no co-incidence that suddenly development stopped and big sells went through trex once pools started to pop up ... It is a real pity that the bittrex-beta site is not up now, you could see it pretty well there...

I like the concept of masternodes and surely darkcoin needs a competitor but this coin is still based on an old codebase of darkcoin - the "no pools" stuff is simply not working and development stalled while distribution is unclear. I'd appreciate a fresh project with a decent name, "Spread" is really weird IMHO, fair launch and a nice development team - but SPR - in its current form - is branded.. Just think about Adam White for Darkcoin - you'll probably have some freaks here too all the time if you don't fix up the ground problems :-)

[Gladimor]

That makes things even clearer ;-)

No, I'm still in the dark about what you're referencing, could you at least provide a link to one of the questions about the distribution?

Cheers

Graham

While I developed the pool for the coin and had a closer look at the blockchain, I noticed that there were large farms mining this coin, of course there were also a few solominers, but the biggest amount of coins always went to the already big wallets (with private pools) so the distribution was even worse than with other coins which had "normal" distribution through pools.

tbh - without wanting to fud or spreading lies - this coin, it its original form, was/is the pump & dumpers dream - Control a big percentage of coin by being the one with the private pool, having an argument for others buying the coin (no pools and darkcoin like masternodes) and getting others involved in the coin too by telling them about the concept (in private) about the "project"..

While i was testing my pool, i mined A LOT of coins in the pool but no one ever noticed - shouldn't that be impossible because of the distribution charts etc. ? Well.. They had not much todo with the reality

It is surely no co-incidence that suddenly development stopped and big sells went through trex once pools started to pop up ... It is a real pity that the bittrex-beta site is not up now, you could see it pretty well there...

I like the concept of masternodes and surely darkcoin needs a competitor but this coin is still based on an old codebase of darkcoin - the "no pools" stuff is simply not working and development stalled while distribution is unclear. I'd appreciate a fresh project with a decent name, "Spread" is really weird IMHO, fair launch and a nice development team - but SPR - in its current form - is branded.. Just think about Adam White for Darkcoin - you'll probably have some freaks here too all the time if you don't fix up the ground problems :-)

Even if there were `large private pools` mining this coin, all of their coins would have been already redistributed on the exchanges. This may have explained for the heavy dumping over the past several weeks. All in all, `private pools` consist of only a few entities that would make as much SPR as if they were solo mining.

Speaking of mining a lot of coins, one of my rigs alone mined over 2000 SPR in around a month. That was also during the times when SPR was 40k-60k sats each.

[sine_fuc]

wow,is this scam coin reviving ?? 

[njs811]

That makes things even clearer ;-)

No, I'm still in the dark about what you're referencing, could you at least provide a link to one of the questions about the distribution?

Cheers

Graham

While I developed the pool for the coin and had a closer look at the blockchain, I noticed that there were large farms mining this coin, of course there were also a few solominers, but the biggest amount of coins always went to the already big wallets (with private pools) so the distribution was even worse than with other coins which had "normal" distribution through pools.

tbh - without wanting to fud or spreading lies - this coin, it its original form, was/is the pump & dumpers dream - Control a big percentage of coin by being the one with the private pool, having an argument for others buying the coin (no pools and darkcoin like masternodes) and getting others involved in the coin too by telling them about the concept (in private) about the "project"..

While i was testing my pool, i mined A LOT of coins in the pool but no one ever noticed - shouldn't that be impossible because of the distribution charts etc. ? Well.. They had not much todo with the reality

It is surely no co-incidence that suddenly development stopped and big sells went through trex once pools started to pop up ... It is a real pity that the bittrex-beta site is not up now, you could see it pretty well there...

I like the concept of masternodes and surely darkcoin needs a competitor but this coin is still based on an old codebase of darkcoin - the "no pools" stuff is simply not working and development stalled while distribution is unclear. I'd appreciate a fresh project with a decent name, "Spread" is really weird IMHO, fair launch and a nice development team - but SPR - in its current form - is branded.. Just think about Adam White for Darkcoin - you'll probably have some freaks here too all the time if you don't fix up the ground problems :-)

Even if there were `large private pools` mining this coin, all of their coins would have been already redistributed on the exchanges. This may have explained for the heavy dumping over the past several weeks. All in all, `private pools` consist of only a few entities that would make as much SPR as if they were solo mining.

Speaking of mining a lot of coins, one of my rigs alone mined over 2000 SPR in around a month. That was also during the times when SPR was 40k-60k sats each.

The dump made a huge impact on redistribution.

[1qaz]

wow,is this scam coin reviving ?? 

scam in you head