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

[zeca pagodinho]

  Good news for those who need some extra cash: http://brandmecrypto.com/en/2/About 

[sparkster]

Good news for those who need some extra cash: http://brandmecrypto.com/en/2/About 

whut

[Mr. Spread]

Mr Spread.  Any thoughts on forking in Darkcoin features into this coin?  "True Decentralization", anonymous, and masternodes would be pretty amazing.

With current price establishing masternodes would be very unreliable, by investing not very large amount of money you would be able to run many master nodes. To prevent this we can set necessary deposit to run masternode to very high value but this will make overall number of masternodes very small.

Don't forget InstanTX.

We have fast block generation (to make solo mining easier) - 1 minute instead of 2 minutes 36 seconds in Darkcoin (yes, it is not 2 minutes 30 seconds as they claim) so speeding up transactions is of less importance for us. And InstantX requires masternodes.

[thelonecrouton]

Mr Spread.  Any thoughts on forking in Darkcoin features into this coin?  "True Decentralization", anonymous, and masternodes would be pretty amazing.

With current price establishing masternodes would be very unreliable, by investing not very large amount of money you would be able to run many master nodes. To prevent this we can set necessary deposit to run masternode to very high value but this will make overall number of masternodes very small.

Don't forget InstanTX.

We have fast block generation (to make solo mining easier) - 1 minute instead of 2 minutes 36 seconds in Darkcoin (yes, it is not 2 minutes 30 seconds as they claim) so speeding up transactions is of less importance for us. And InstantX requires masternodes.

You're right of course, it would make no sense to implement Masternodes now, they need to be reasonably expensive. But it's nice to know that the option is there for the future...

I'm sure you have plenty of ideas of your own!

I have been aggravating Darkcoin people for some time about the great white elephant in the room WRT all PoW coins - the huge security risk that centralised mining poses, they either think I'm a lunatic or they don't want to agree publicly because they are afraid of whining miners. Anyway, very happy to have found some folk who acknowledge the issue and a developer that has done something about it. 

Nobody in their right mind is going to invest serious money in a currency where compromising just a few pool operators / pool servers could destroy their investment overnight. Solutions like Spreadcoin are the only way that PoW is going to survive, or ever gain traction in the wider world. Every other PoW coin at the moment is a complete joke from any risk analysis point of view.

[tacee]

I think right now a bigger exchange is the top priority.

[tbearhere]

Good news for those who need some extra cash: http://brandmecrypto.com/en/2/About 

What ?   

[MyFarm]

Mr Spread.  Any thoughts on forking in Darkcoin features into this coin?  "True Decentralization", anonymous, and masternodes would be pretty amazing.

With current price establishing masternodes would be very unreliable, by investing not very large amount of money you would be able to run many master nodes. To prevent this we can set necessary deposit to run masternode to very high value but this will make overall number of masternodes very small.

Don't forget InstanTX.

We have fast block generation (to make solo mining easier) - 1 minute instead of 2 minutes 36 seconds in Darkcoin (yes, it is not 2 minutes 30 seconds as they claim) so speeding up transactions is of less importance for us. And InstantX requires masternodes.

If you look back in the history of Darkcoin, you'll see I am an early investor.

It's a which comes first situation, the chicken or the egg.  If you committed to implementing features Darkcoin has, the price of Spreadcoin would go up massively which in turn would make masternodes expensive to create.  I can just about guarantee this because I would buy the heck out of this coin.  The distribution of this coin is already good which means nobody would hold too many masternodes and that number would continue to  "Spread out" over time as this coin gains popularity.  

TheLoneCrouton and I are both Darkcoin investors and both understand that Spreadcoin has what Darkcoin needs and Darkcoin has what Spreadcoin needs.  The first developer to combine the two is going to have an enormously successful coin.

I also have connections with a couple larger exchanges and would help get Spreadcoin listed.

[peteycamey]

The first developer to combine the two is going to have an enormously successful coin.

this I agree.

[tacee]

the price is on the rise

[peteycamey]

total amount traded is only $45. how did the price increase with so little market action?

[NoobKidOnTheBlock]

Where exactly are all the exchanges where spreadcoin can be traded?

[thelonecrouton]

total amount traded is only $45. how did the price increase with so little market action?

With solo miners mining this because they believe in the coin and the concept, and without the constant dumping of big pools, I think Spread is going to have much, much more limited supply on exchanges than other coins. Prices are going to reflect that scarcity.

Solo mining has benefits other than blockchain security...  

And if Mr Spread even hints that he's going to integrate other aspects of the Darkcoin codebase, eg. Masternodes at some point down the line, this is going to go up in price rather rapidly.

[tacee]

Dev,last time you mentioned the p2p chat,I've tried the Encrypted Messege of BluntCoin wallet,it's cool,but I think you can do it better .
here is the link https://bitcointalk.org/index.php?topic=882813.80

[Mr. Spread]

total amount traded is only $45. how did the price increase with so little market action?

What? https://betasharex.com/trade/SPR/BTC

Volume:0.66832806 BTC

[Mr. Spread]

Dev,last time you mentioned the p2p chat,I've tried the Encrypted Messege of BluntCoin wallet,it's cool,but I think you can do it better .
here is the link https://bitcointalk.org/index.php?topic=882813.80

Thanks, I will look at it.

Regarding DarkCoin features, good news for those who want them is that SpreadCoin is based on DarkCoin, I didn't remove DarkCoin related features from source code but disabled them. They are now outdated because they are from DarkCoin version from the time when SpreadCoin was launched. This still means that it would be easier to integrate latest version than it would be if SpreadCoin was forked from some other coin.

They had some issues when introducing masternodes, this was probably fixed in latest versions, I didn't followed it very closely. I need to be 100% sure that any new features will be safe and won't compromise that level security that we already have. I will review their code and see if it can be integrated in SpreadCoin.

[MyFarm]

Dev,last time you mentioned the p2p chat,I've tried the Encrypted Messege of BluntCoin wallet,it's cool,but I think you can do it better .
here is the link https://bitcointalk.org/index.php?topic=882813.80

Regarding DarkCoin features, good news for those who want them is that SpreadCoin is based on DarkCoin, I didn't remove DarkCoin related features from source code but disabled them. They are now outdated because they are from DarkCoin version from the time when SpreadCoin was launched. This still means that it would be easier to integrate latest version than it would be if SpreadCoin was forked from some other coin.

They had some issues when introducing masternodes, this was probably fixed in latest versions, I didn't followed it very closely. I need to be 100% sure that any new features will be safe and won't compromise that level security that we already have. I will review their code and see if it can be integrated in SpreadCoin.

Excellent news.

In holding up my side of the bargain, I have a buy wall at 7500 on AllCrypt.  I would do the same on BetaSharex but the market there is currently on hold.

I am also looking to buy 50,000 SPR off exchange at 7500.  If anyone out there has 5000 or more available, please PM me.

If/when Mr Spread begins to implement features, these prices will rise.

[Mr. Spread]

I hope this time we'll get there: https://c-cex.com/?id=vote
If you are registered please vote.

[thelonecrouton]

Dev,last time you mentioned the p2p chat,I've tried the Encrypted Messege of BluntCoin wallet,it's cool,but I think you can do it better .
here is the link https://bitcointalk.org/index.php?topic=882813.80

Regarding DarkCoin features, good news for those who want them is that SpreadCoin is based on DarkCoin, I didn't remove DarkCoin related features from source code but disabled them. They are now outdated because they are from DarkCoin version from the time when SpreadCoin was launched. This still means that it would be easier to integrate latest version than it would be if SpreadCoin was forked from some other coin.

They had some issues when introducing masternodes, this was probably fixed in latest versions, I didn't followed it very closely. I need to be 100% sure that any new features will be safe and won't compromise that level security that we already have. I will review their code and see if it can be integrated in SpreadCoin.

Excellent news.

In holding up my side of the bargain, I have a buy wall at 7500 on AllCrypt.  I would do the same on BetaSharex but the market there is currently on hold.

I am also looking to buy 50,000 SPR off exchange at 7500.  If anyone out there has 5000 or more available, please PM me.

If/when Mr Spread begins to implement features, these prices will rise.

Glad I hoovered up a few last night.

[Mr. Spread]

Seems like you can buy on one exchange: https://alcurex.org/index.php/crypto/index
sell on the other: https://www.allcrypt.com/market?id=1195
and get some profit from that.

[hardroad]

Congratulations Susel, thanks to everyone who voted for me
SPR address: STyGTBBzRmjBjKZVTFCjdQ7JXv22fvRUKm