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Author Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes  (Read 810026 times)
georgem
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April 14, 2015, 01:59:49 PM
 #7941



Attention.

Forum will be closed for a few days. We are going to move to a better server and implement better anti-spam measures. Stay tuned.

New server will also run spreadcoin.info on it, and act as a dns seeder.  Smiley


Just a little bit more patience guys, it will pay off!

chrysophylax
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April 14, 2015, 02:01:37 PM
 #7942



Attention.

Forum will be closed for a few days. We are going to move to a better server and implement better anti-spam measures. Stay tuned.

New server will also run spreadcoin.info on it, and act as a dns seeder.  Smiley


Just a little bit more patience guys, it will pay off!

that will be great georgem ...

sick and tired of sifting through all the spam to get to the good news ...

tanx ...

#crysx

georgem
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April 14, 2015, 02:02:20 PM
 #7943

I don't like fixed count of masternodes.
It would lead to more centralized ownership.. sooner or later..

I agree.

That's what I am going to implement soon:



innergy
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April 14, 2015, 02:10:04 PM
 #7944

Do you consider changing the algo..
There are so many turned off old sha256 ASICs out there..

Mining via VGA is so old-school.
georgem
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April 14, 2015, 02:14:34 PM
 #7945

Do you consider changing of the algo..
There are so many turned off old sha256 ASICs out there..

Mining via VGA is so old-school.

VGA, lol...

No, we are never going to change the mining algo.

ASIC will always be turned off... even if you can run them for another few months... they will be turned off again.

It's like reanimating a dead corpse and see it nervously shake for a little.

ASICs are just not built for eternity, but you can always use your "VGA" for other things.

chrysophylax
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April 14, 2015, 02:41:45 PM
 #7946

Do you consider changing of the algo..
There are so many turned off old sha256 ASICs out there..

Mining via VGA is so old-school.

VGA, lol...

No, we are never going to change the mining algo.

ASIC will always be turned off... even if you can run them for another few months... they will be turned off again.

It's like reanimating a dead corpse and see it nervously shake for a little.

ASICs are just not built for eternity, but you can always use your "VGA" for other things.

agreed ... hence the reason our farm continues to grow every month ...

almost any algo - almost any new miner ...

asic's just cant make the cut when they get old ... we have seen way too many asic graveyards - which made our minds up a while back what needed to be done ...

even if the algo was to change - it would just be improved upon - not replaced ...

#crysx

coins101
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April 14, 2015, 04:16:45 PM
 #7947

Do you consider changing of the algo..
There are so many turned off old sha256 ASICs out there..

Mining via VGA is so old-school.

VGA, lol...

No, we are never going to change the mining algo.

ASIC will always be turned off... even if you can run them for another few months... they will be turned off again.

It's like reanimating a dead corpse and see it nervously shake for a little.

ASICs are just not built for eternity, but you can always use your "VGA" for other things.

agreed ... hence the reason our farm continues to grow every month ...

almost any algo - almost any new miner ...

asic's just cant make the cut when they get old ... we have seen way too many asic graveyards - which made our minds up a while back what needed to be done ...

even if the algo was to change - it would just be improved upon - not replaced ...

#crysx

OK. Enough hints - what's the farm size?
chrysophylax
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April 14, 2015, 05:07:03 PM
 #7948

Do you consider changing of the algo..
There are so many turned off old sha256 ASICs out there..

Mining via VGA is so old-school.

VGA, lol...

No, we are never going to change the mining algo.

ASIC will always be turned off... even if you can run them for another few months... they will be turned off again.

It's like reanimating a dead corpse and see it nervously shake for a little.

ASICs are just not built for eternity, but you can always use your "VGA" for other things.

agreed ... hence the reason our farm continues to grow every month ...

almost any algo - almost any new miner ...

asic's just cant make the cut when they get old ... we have seen way too many asic graveyards - which made our minds up a while back what needed to be done ...

even if the algo was to change - it would just be improved upon - not replaced ...

#crysx

OK. Enough hints - what's the farm size?

no hints ...

just a small one at the moment ...

x11 hashrate - if you want a mental picture is approximately 250MH currently - and only 75% of the machines can process spreadx11 ( which only produces about 54MH currently ) ...

when the other 4 machines are changed and running - this will bring the spreadx11 hashrate up by about another 15-20MH ...

but when the farm is completed though - it should be more in the vicinity of over 150MH spreadx11 ...

the issue is not so much the processing power - its the mining of the algo ...

EACH worker requires a full restart and specialized miner to mine this coin ... all it takes to change coins / pools via x11 is the change of a setup file in the proxy and mining controller ... and eventually will be able to mine various other algos just via a configuration file ...

not so with spreadx11 ... the algo was an ingenious method of implementing a pool 'resistant' way of mining ... but as walls are made - so they can be eventually jumped ...

asics are not the way to go - not in almost any sense - unless you already have the cash to replace them on a very regular basis ( if not dump them altogether ) ... hence the 'vga' card flexibility and expandability ...

we started mining this coin purely for the sake of the challenge - and it was a good one ... but it wont last with miners unless they CAN mine it easily and with little ( or at least a small amount of ) effort ... especially the massive miners ... we are only a small fish in a big pond of farms ...

the whole concept of 'no pools' was moot in the first place - especially when ANYONE who had a farm ( small or large or massive ) could just spend that much more time to adjust the miner and settings to EACH of the workers and act ( mine ) like a pool anyway ... especially with the difficulty the way it is at the moment ...

what the dev team is working on NOW - the master / service - nodes ... now THAT is something that will be a kicker ... something we are definitely waiting for ...

#crysx

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April 14, 2015, 05:11:48 PM
 #7949

Wishing more spread and popular will be on this fields. .. Smiley

coins101
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April 14, 2015, 06:28:38 PM
 #7950

-snip

no hints ...

just a small one at the moment ...

x11 hashrate - if you want a mental picture is approximately 250MH currently - and only 75% of the machines can process spreadx11 ( which only produces about 54MH currently ) ...

when the other 4 machines are changed and running - this will bring the spreadx11 hashrate up by about another 15-20MH ...

but when the farm is completed though - it should be more in the vicinity of over 150MH spreadx11 ...

the issue is not so much the processing power - its the mining of the algo ...

EACH worker requires a full restart and specialized miner to mine this coin ... all it takes to change coins / pools via x11 is the change of a setup file in the proxy and mining controller ... and eventually will be able to mine various other algos just via a configuration file ...

not so with spreadx11 ... the algo was an ingenious method of implementing a pool 'resistant' way of mining ... but as walls are made - so they can be eventually jumped ...

asics are not the way to go - not in almost any sense - unless you already have the cash to replace them on a very regular basis ( if not dump them altogether ) ... hence the 'vga' card flexibility and expandability ...

we started mining this coin purely for the sake of the challenge - and it was a good one ... but it wont last with miners unless they CAN mine it easily and with little ( or at least a small amount of ) effort ... especially the massive miners ... we are only a small fish in a big pond of farms ...

the whole concept of 'no pools' was moot in the first place - especially when ANYONE who had a farm ( small or large or massive ) could just spend that much more time to adjust the miner and settings to EACH of the workers and act ( mine ) like a pool anyway ... especially with the difficulty the way it is at the moment ...

what the dev team is working on NOW - the master / service - nodes ... now THAT is something that will be a kicker ... something we are definitely waiting for ...

#crysx

That's pretty decent feedback. Thanks.
coins101
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April 14, 2015, 06:43:37 PM
 #7951

Great post (cross post from DASH)

Is it possible for you guys (fabulous DASH devs) to create some automation in the creation/management/updating of masternodes? Make it so that you don't have to be a Linux savant to be a masternode owner? (I know that's an exaggeration but....)

It would be awesome if the majority of what we have to do as masternode owners could be done through the wallet.

There are definitely some things that Spreadcoin did better (or at least made much easier) in this regard. Starting a MN involved ticking a checkbox if you were happy running a hot MN, or ticking the checkbox and copy/pasting the generated key into your .conf file to run a cold MN. That was it.

Having said that, there are pros and cons either way. SPR doesn't need a static IP which makes for better MN decentralisation, but means more people are running MNs on shitty domestic connections. So far the DRK devs prefer the static IP approach which probably results in a more stable network, at the cost of more MN centralisation at Vultr/Amazon etc. This is greatly ameliorated by the necessity of compromising the vast majority of MNs to achieve any sort of successful attack however, and and MN centralisation risk pales in comparison to the continued awful mining centralisation.

Plus, there are ~2500 MNs out there, maybe only run by <500 individuals, but it really isn't that hard to do as it is. MNs get paid to provide a service, it isn't unreasonable to expect MN ops to actually have a clue what they are doing...  Smiley
coins101
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April 14, 2015, 10:04:53 PM
 #7952

I guess we are on the right track:



http://cointelegraph.com/news/113951/indian-it-giant-infosys-exploring-blockchain-20-applications-for-core-banking-software
AnotherNode
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April 14, 2015, 10:39:16 PM
 #7953

@Georgem didn't you say something about developing this?

http://yacy.de/en/

Web Search by the people, for the people

YaCy is a free search engine that anyone can use to build a search portal for their intranet or to help search the public internet. When contributing to the world-wide peer network, the scale of YaCy is limited only by the number of users in the world and can index billions of web pages. It is fully decentralized, all users of the search engine network are equal, the network does not store user search requests and it is not possible for anyone to censor the content of the shared index. We want to achieve freedom of information through a free, distributed web search which is powered by the world's users.

chrysophylax
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April 15, 2015, 01:36:51 AM
 #7954

-snip

no hints ...

just a small one at the moment ...

x11 hashrate - if you want a mental picture is approximately 250MH currently - and only 75% of the machines can process spreadx11 ( which only produces about 54MH currently ) ...

when the other 4 machines are changed and running - this will bring the spreadx11 hashrate up by about another 15-20MH ...

but when the farm is completed though - it should be more in the vicinity of over 150MH spreadx11 ...

the issue is not so much the processing power - its the mining of the algo ...

EACH worker requires a full restart and specialized miner to mine this coin ... all it takes to change coins / pools via x11 is the change of a setup file in the proxy and mining controller ... and eventually will be able to mine various other algos just via a configuration file ...

not so with spreadx11 ... the algo was an ingenious method of implementing a pool 'resistant' way of mining ... but as walls are made - so they can be eventually jumped ...

asics are not the way to go - not in almost any sense - unless you already have the cash to replace them on a very regular basis ( if not dump them altogether ) ... hence the 'vga' card flexibility and expandability ...

we started mining this coin purely for the sake of the challenge - and it was a good one ... but it wont last with miners unless they CAN mine it easily and with little ( or at least a small amount of ) effort ... especially the massive miners ... we are only a small fish in a big pond of farms ...

the whole concept of 'no pools' was moot in the first place - especially when ANYONE who had a farm ( small or large or massive ) could just spend that much more time to adjust the miner and settings to EACH of the workers and act ( mine ) like a pool anyway ... especially with the difficulty the way it is at the moment ...

what the dev team is working on NOW - the master / service - nodes ... now THAT is something that will be a kicker ... something we are definitely waiting for ...

#crysx

That's pretty decent feedback. Thanks.

tanx for reading ... not many do ...

in theory - things are great if they are implemented ... in practice - its another thing altogether ...

we took over granitecoin purely to learn and grow in the crypto scene - and believe me we did - a lot Smiley ...

one never stops learning here - and have continued with not only the granitecoin - but also learned a great deal within the mining and optimization sphere also ...

spreadcoin is a great coin ... in its vision - in its structure - but not in its simplicity ...

still - we have yet to see what the future holds and how competent the team is in bringing spr back to a decent level before it falls into oblivion ...

big promises require big results ...

#crysx

chrysophylax
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April 15, 2015, 01:37:57 AM
 #7955

@Georgem didn't you say something about developing this?

http://yacy.de/en/

Web Search by the people, for the people

YaCy is a free search engine that anyone can use to build a search portal for their intranet or to help search the public internet. When contributing to the world-wide peer network, the scale of YaCy is limited only by the number of users in the world and can index billions of web pages. It is fully decentralized, all users of the search engine network are equal, the network does not store user search requests and it is not possible for anyone to censor the content of the shared index. We want to achieve freedom of information through a free, distributed web search which is powered by the world's users.



neat idea ...

#crysx

loszhor
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April 15, 2015, 02:12:18 AM
 #7956

Good day,

    The LDOGE currency has recently started using a POS payout method said to be very similar to the one that Spreadcoin uses as of block 40,000. Immediately after starting this block reward method LDOGE has been suffering from what appears to be a fork and users are not able to fully sync and are receiving many stake blocks that are not valid. Has Spreadcoin every faced this issues and if you have and know hwo to fix this situation can you offer any advice to the developers on how to fix this? The LDOGE thread can be found here: https://bitcointalk.org/index.php?topic=985182.0

    Thank you.


16wQCVFXYuSp4AYsBqV9Uqa2dd1V4YXvJ5
georgem
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April 15, 2015, 08:33:12 AM
Last edit: April 15, 2015, 08:55:37 AM by georgem
 #7957

@Georgem didn't you say something about developing this?

http://yacy.de/en/

Web Search by the people, for the people

YaCy is a free search engine that anyone can use to build a search portal for their intranet or to help search the public internet. When contributing to the world-wide peer network, the scale of YaCy is limited only by the number of users in the world and can index billions of web pages. It is fully decentralized, all users of the search engine network are equal, the network does not store user search requests and it is not possible for anyone to censor the content of the shared index. We want to achieve freedom of information through a free, distributed web search which is powered by the world's users.



Yep, something like that, but for servicenodes that will get payed for doing those things!

When I think about services our servicenodes will do, it will be things of this kind.

coins101
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April 15, 2015, 09:05:44 AM
 #7958

Good day,

    The LDOGE currency has recently started using a POS payout method said to be very similar to the one that Spreadcoin uses as of block 40,000. Immediately after starting this block reward method LDOGE has been suffering from what appears to be a fork and users are not able to fully sync and are receiving many stake blocks that are not valid. Has Spreadcoin every faced this issues and if you have and know hwo to fix this situation can you offer any advice to the developers on how to fix this? The LDOGE thread can be found here: https://bitcointalk.org/index.php?topic=985182.0

    Thank you.



For PoS, you need one node that acts as a checkpoint, I think. Its the nature of PoS that they have to be centralized.

Chase up these people, they seem to have a solution:

http://cointelegraph.com/news/113791/neucoin-whitepaper-reveals-first-mathematically-watertight-proof-of-stake-currency

Personally, I would just give up if I were you and join SPR instead.

There, fixed it for you  Grin
coins101
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April 15, 2015, 09:08:15 AM
 #7959

-snip-

Yep, something like that, but for servicenodes that will get payed for doing those things!

When I think about services our servicenodes will do, it will be things of this kind.

We've got an imagineering thread for that:

Here are a few examples that have been identified. If you have your own vision, you can create your own services and run them off the ServiceNode network.

1. Escrow
2. P2P Gaming, e.g. people betting against each other
3. Spread betting, e.g. stock market gambling
4. Sidechains with stockmarkets
5. ChangeTip savings
6. White Label reward schemes
7. Micro pay as you need it and use it insurance
8. Rights holders royalty payments e.g. online pay per view
9. Torrent distribution and linking services
10. Long-term savings / pensions
11. Charity sponsorship / collection services
12. Mapping the net and creating search engines on the SPR network
13. Proof of Purchase trusted reviews for products, hotels, restaurants, etc.
14. 'Near me services' from taxi's to local handyman services, to real estate agents
15. Classified list of local private dancers, or any sort of classified listings
16. Micro loans based off p2p lending linked to trust rating scores

https://bitcointalk.org/index.php?topic=976031.msg10656234#msg10656234

loszhor
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April 15, 2015, 09:52:01 AM
 #7960

Good day,

    The LDOGE currency has recently started using a POS payout method said to be very similar to the one that Spreadcoin uses as of block 40,000. Immediately after starting this block reward method LDOGE has been suffering from what appears to be a fork and users are not able to fully sync and are receiving many stake blocks that are not valid. Has Spreadcoin every faced this issues and if you have and know hwo to fix this situation can you offer any advice to the developers on how to fix this? The LDOGE thread can be found here: https://bitcointalk.org/index.php?topic=985182.0

    Thank you.



For PoS, you need one node that acts as a checkpoint, I think. Its the nature of PoS that they have to be centralized.

Chase up these people, they seem to have a solution:

http://cointelegraph.com/news/113791/neucoin-whitepaper-reveals-first-mathematically-watertight-proof-of-stake-currency

Personally, I would just give up if I were you and join SPR instead.

There, fixed it for you  Grin


Thank you for the information, I will pass it along.

16wQCVFXYuSp4AYsBqV9Uqa2dd1V4YXvJ5
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