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

[chrysophylax]

The download links for website and wallet does not appear to be working?

Or is it a problem with my web browser?

Can someone else check.

it doesnt work ...

ive been trying to get my hands on the source for a while - but no one seems to have a copy ...

#crysx

[thelonecrouton]

ive been trying to get my hands on the source for a while - but no one seems to have a copy ...

#crysx

https://github.com/spreadcoin-project/spreadcoin ?

[georgem]

The download links for website and wallet does not appear to be working?

Or is it a problem with my web browser?

Can someone else check.

The old website is dead.
A new one is being created right now. (might take a few more days)

I have recompiled and built the windows qt-wallet (32-bit) + daemon,
you can download it here:

http://www.spreadcointalk.org/SpreadCoin32.7z

Stay tuned for new website.  

[gjhiggins]

ive been trying to get my hands on the source for a while - but no one seems to have a copy ...

https://github.com/spreadcoin-project/spreadcoin ?

I think the OP was referring to the web site code but anyway ... that's Mr Spread's abandoned repos.

I created a github org https://github.com/spreadcoin, migrated all the code there and bestowed admin privs on the listed contributors, i.e. it's in common ownership atm.

I've been wrapping up a few loose ends from before the phase 2 test, merging a few branches before conducting a comprehensive relabelling exercise. If you collectively wish to debate and decide upon different labels then so be it, the important point is that the labels have been changed:

• Masternode -> Service node
• InstantTx -> ExpressTx
• DarkSend -> PrivSend

This activity is taking place in the sn-test branch which is being positioned as a candidate for the next round of testing.

Cheers

Graham

[chrysophylax]

ive been trying to get my hands on the source for a while - but no one seems to have a copy ...

#crysx

https://github.com/spreadcoin-project/spreadcoin ?

tanx mate ...

have tried a while back but that source doesnt seem to compile for some reason ...

looked at others and tried those - which is why i stick with sp ccminer version ... i need the sgminer version that actually compiles and works ...

apart from that - that is the git for the miner - not the wallet ...

#crysx

[chrysophylax]

ive been trying to get my hands on the source for a while - but no one seems to have a copy ...

https://github.com/spreadcoin-project/spreadcoin ?

I think the OP was referring to the web site code but anyway ... that's Mr Spread's abandoned repos.

I created a github org https://github.com/spreadcoin, migrated all the code there and bestowed admin privs on the listed contributors, i.e. it's in common ownership atm.

I've been wrapping up a few loose ends from before the phase 2 test, merging a few branches before conducting a comprehensive relabelling exercise. If you collectively wish to debate and decide upon different labels then so be it, the important point is that the labels have been changed:

• Masternode -> Service node
• InstantTx -> ExpressTx
• DarkSend -> PrivSend

This activity is taking place in the sn-test branch which is being positioned as a candidate for the next round of testing.

Cheers

Graham

nice ... ill have a look when i get back into the office tomorrow ...

tanx graham ...

#crysx

[Gladimor]

A_russo made us a new website with all stuff:

http://spreadcoin.us/

[thevictimofuktyranny]

A_russo made us a new website with all stuff:

http://spreadcoin.us/

Nice

[ivcelmik]

Hi guys need help i've send 1500 Spr to Bittrex 20 min ago and does not appear in pending balance Any ideea how long it takes?

Thx in advance

[ivcelmik]

Hi guys need help i've send 1500 Spr to Bittrex 20 min ago and does not appear in pending balance Any ideea how long it takes?

Thx in advance

It's ok they've arived

[georgem]

A_russo made us a new website with all stuff:

http://spreadcoin.us/

Yes, very commendable,
but it's not "with all stuff" ...

All downloads are missing, and the official blockexplorer is also dead ATM.

Many things need to be fixed.

[thevictimofuktyranny]

How many Spreadcoins will you need for a masternode?

[coins101]

Hi guys need help i've send 1500 Spr to Bittrex 20 min ago and does not appear in pending balance Any ideea how long it takes?

Thx in advance

It's ok they've arived

Thank god for that. I was about to call someone.

[coins101]

Back in June or July 2014, I got very excited about Master Nodes in DRK offering services.

The main reason was that crypto currencies don't have anything that backs them except demand. Gold only has value because of the demand for jewelry, particularly in countries like India, and from manufacturing.

ServiceNodes can, therefore, create a baseline value for the network.

As I was jumping around saying last year, once the network has intrinsic value it can be valued on a similar basis to stocks and shares. You can attribute future earnings potential to the network to arrive at a net present day worth. What that means is you can package up the value to investors.

This also means that you can package up bits of the network into tax deductible units which can be used to give incentives to investors or even put units of packaged value into pension pots.

[njs811]

Any new information?

Waiting for the new Ann.

[entropycoin]

How many Spreadcoins will you need for a masternode?

If servicenodes function as they did in the most recent testnet, they are dynamic with sn slots available to the top 1440 operators who  have dedicated the most spread to their sn.  This will be extremely variable and fluctuate with time.  In the absence of competition which will likely drive the price up, the minimum you will need to operate one is 100 spr.  If you do the math, and every spr in existence is equally  dedicated to a sn, the absolute max it would take to operate one is 1378 spr. 

This system of a max of 1440 spreadnodes may very well change by the time they go active, but I would still recommend a couple thousand spr just to be safe.

[georgem]

This system of a max of 1440 spreadnodes may very well change by the time they go active, but I would still recommend a couple thousand spr just to be safe.

I want to implement a dynamic amount of max servicenodes that will slowly increase over time.

This is an idea I had 1 month ago (as a response to a discussion I had on spreadcointalk with MyFarm):
(Attention: the numbers mentioned are also 1 month old)
---------------------------------------------------------------------------------------------------

Originally Mr. Spread only wanted to use a max of 1000 MNs.

1440 max MNs was based around an idea I had that this way every MN would on average receive 1 payment a day.

I believe that having twice that (2880) will not solve the problem you describe (the problem of "how will newcomers be able to afford a masternode later in time"),
but only postpone the problem so it will come back and bite us later.

I always advocated for a flexible amount of MNs.

A limit yes, but a flexible one, that increases slowly over time.
This way it gets to act like a limit (that creates competition thru scarcity, and enables price discovery), but it will also have the flexibility to adjust for a large growth of SPR price and what an MN will cost.

I advocate for tying the max amount of MNs to the coinsupply:

Max MN = (total coinsupply)/ 1000.

or maybe divide them even further.

Max MN = (total coinsupply)/ 1440.

or

Max MN = (total coinsupply)/ 2880.

So today (with 1.865 Million coins) this would mean 1865 possible MNs, or 1294, or 647 possible MNs. (total coinsupply divided by 1000, 1440 and 2880)

This is not a fix limit, but a moving target, so let's look how this will change over time:

In 6 Months it will probably be 5000 MNs (or 3472, or 1736 MNs)....

We follow Bitcoins increase in coinsupply curve more or less.

So in about 6 years, we will have 13.85 Million coins.
How many MNs should we have in 6 years?
Based on my three suggestions, it would be 13850, or 9618, or 4809 MNs.

And what does that mean for eternity?
We will have 21000, or 14584 or 7292 MNs.

[georgem]

I particularly like Max MN = (total coinsupply)/ 2880.

Because it will allow for only a very limited amount of MN at the moment: around 650... (this will help drive the price of SPR up, now that it is young)
and it will grow to a healthy 1800 when we are as old as darkcoin... (1 Year)
and it will grow to a perfect 5000 MNs when we are as old as bitcoin... (6 years)

And when we reach the 21 Million max coinsupply in a 100 years we will have reached the maximum possible amount of 7292 MNs.

[gjhiggins]

I advocate for tying the max amount of MNs to the coinsupply:

Max MN = (total coinsupply)/ 2880.

Well argued. I'm convinced.

Cheers

Graham

[georgem]

Does anybody know who is running this Hashrate distribution chart?

http://104.36.83.126/spreadcoin/

(it is mentioned in the first post of this thread)

Well argued. I'm convinced.

Thanks.