The scale of global IT spend and IT spend within finance is truly breathtaking.
The Blockchain is going to be one big mother ship of revenue and profit.
I reckon around 0.1 km worth of Panamax ships full of $10 notes
Topic: [ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming) - page 260. (Read 790391 times)
July 22, 2015, 11:39:08 AM
The scale of global financial trade is truly breathtaking.
The scale of global IT spend and IT spend within finance is truly breathtaking.
The Blockchain is going to be one big mother ship of revenue and profit.
I reckon around 0.1 km worth of Panamax ships full of $10 notes
The scale of global IT spend and IT spend within finance is truly breathtaking.
The Blockchain is going to be one big mother ship of revenue and profit.
I reckon around 0.1 km worth of Panamax ships full of $10 notes
July 22, 2015, 11:31:31 AM
I am speechless.
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
Well this sites states that 1 trillion in $100 bills would take ~169 sea cans. So $10 bills would take ~1690 cans. (per wikipedia $10s and $100s are the same size/weight)
http://ggallman.com/trillion.htm
1 quadrillion is 1000 trillion so 1690000 cans.
A New Panamax size ship transports max 13000 cans
http://maritime-connector.com/wiki/panamax/
So if I didn't mess up the math 1690000 / 13000 = 130 New Panamax ships for 1 quadrillion
Edit: Just to have a visual reference the length of those ships would be ~47.5Km.
That's a super cool analysis. Thanks!
So at $1.6 trillion, this one company clears over 70km worth of Panamax ships full of $10 notes.
The Panama canal is only 77km long!
July 22, 2015, 10:37:30 AM
I am speechless.
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
Well this sites states that 1 trillion in $100 bills would take ~169 sea cans. So $10 bills would take ~1690 cans. (per wikipedia $10s and $100s are the same size/weight)
http://ggallman.com/trillion.htm
1 quadrillion is 1000 trillion so 1690000 cans.
A New Panamax size ship transports max 13000 cans
http://maritime-connector.com/wiki/panamax/
So if I didn't mess up the math 1690000 / 13000 = 130 New Panamax ships for 1 quadrillion
Edit: Just to have a visual reference the length of those ships would be ~47.5Km.
That's a super cool analysis. Thanks!
So at $1.6 trillion, this one company clears over 70km worth of Panamax ships full of $10 notes.
July 22, 2015, 10:29:22 AM
I am speechless.
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
Well this sites states that 1 trillion in $100 bills would take ~169 sea cans. So $10 bills would take ~1690 cans. (per wikipedia $10s and $100s are the same size/weight)
http://ggallman.com/trillion.htm
1 quadrillion is 1000 trillion so 1690000 cans.
A New Panamax size ship transports max 13000 cans
http://maritime-connector.com/wiki/panamax/
So if I didn't mess up the math 1690000 / 13000 = 130 New Panamax ships for 1 quadrillion
Edit: Just to have a visual reference the length of those ships would be ~47.5Km.
July 22, 2015, 10:12:41 AM
I am speechless.
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
It is over ten years since I heard this so my figures are estimated from memory and may not be applicable now but I once read that Citibank processed $1Tn PER DAY in each of their main two clearing houses.
Numbers like this don't mean anything to me. Its pretty hard to get your head around one million unless you're trying to buy a house in London
July 22, 2015, 09:59:31 AM
I am speechless.
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
You think you know stuff, but then you find data that blows your view of the world totally out of the water.
* One company, Depository Trust and Clearing Corporation, cleared $1.6 Quadrillion in transactions value last year. I didn't even know a quadrillion was a number.
http://www.afr.com/business/banking-and-finance/quadrillion-dollar-corporation-at-the-heart-of-the-financial-system-20150707-gi6w7b
* The global IT market is worth $4 trillion. Trillion ( I knew that number existed).
This is bits and bytes moving around wires in the $quadrillions. How many oil tankers would you need to store quadrillions worth of $10 bills?
July 22, 2015, 09:51:20 AM
hey, i am looking for a cpu coin to mine,
has gpu mining destroyed spread coin for cpu mining,
or do you think I can mine cpu this coin?
with SpreadX11 the diff is almost 3x slower on gpu compared to x11 (as far as i know) so you should have better chance of cpu mining this coin... depends on number of cpus and type ofcourse, but you might have better luck finding a true cpu coin ... but try if you want to, i did mine a couple of blocks of this coin via cpu ... thats a couple of months ago.
I downloaded the spreadcoin wallet, but it isn't processing the blocks,
stuck at 0 blocks processed for 10 minutes now.
don't have any active connections
Alternatively, download the new wallet:
https://bitcointalksearch.org/topic/m.11262666
it has been tested for quite some time, and seems to work ok.
It will leave beta stage soon.
July 22, 2015, 07:17:40 AM
hey, i am looking for a cpu coin to mine,
has gpu mining destroyed spread coin for cpu mining,
or do you think I can mine cpu this coin?
with SpreadX11 the diff is almost 3x slower on gpu compared to x11 (as far as i know) so you should have better chance of cpu mining this coin... depends on number of cpus and type ofcourse, but you might have better luck finding a true cpu coin ... but try if you want to, i did mine a couple of blocks of this coin via cpu ... thats a couple of months ago.
I downloaded the spreadcoin wallet, but it isn't processing the blocks,
stuck at 0 blocks processed for 10 minutes now.
don't have any active connections
addnode 94.23.23.194 add
then give it a few minutes
and.. make sure you have the new wallet that was posted in the OP of this thread
July 22, 2015, 07:00:25 AM
hey, i am looking for a cpu coin to mine,
has gpu mining destroyed spread coin for cpu mining,
or do you think I can mine cpu this coin?
with SpreadX11 the diff is almost 3x slower on gpu compared to x11 (as far as i know) so you should have better chance of cpu mining this coin... depends on number of cpus and type ofcourse, but you might have better luck finding a true cpu coin ... but try if you want to, i did mine a couple of blocks of this coin via cpu ... thats a couple of months ago.
I downloaded the spreadcoin wallet, but it isn't processing the blocks,
stuck at 0 blocks processed for 10 minutes now.
don't have any active connections
July 22, 2015, 06:55:45 AM
hey, i am looking for a cpu coin to mine,
has gpu mining destroyed spread coin for cpu mining,
or do you think I can mine cpu this coin?
with SpreadX11 the diff is almost 3x slower on gpu compared to x11 (as far as i know) so you should have better chance of cpu mining this coin... depends on number of cpus and type ofcourse, but you might have better luck finding a true cpu coin ... but try if you want to, i did mine a couple of blocks of this coin via cpu ... thats a couple of months ago.
July 22, 2015, 06:48:50 AM
hey, i am looking for a cpu coin to mine,
has gpu mining destroyed spread coin for cpu mining,
or do you think I can mine cpu this coin?
July 21, 2015, 11:52:39 AM
The wallet explorer works great, too
...img snipp...
All seems to be ok
...img snipp...
All seems to be ok
chain.miningcores.com is also running fine
I did start looking for that link....needs to be in the OP
I have added it.
July 21, 2015, 09:58:52 AM
The wallet explorer works great, too
...img snipp...
All seems to be ok
...img snipp...
All seems to be ok
chain.miningcores.com is also running fine
I did start looking for that link....needs to be in the OP
July 21, 2015, 09:28:12 AM
The wallet explorer works great, too
...img snipp...
All seems to be ok
...img snipp...
All seems to be ok
chain.miningcores.com is also running fine
July 21, 2015, 08:32:56 AM
The wallet explorer works great, too
All seems to be ok
All seems to be ok
July 21, 2015, 08:02:46 AM
Block Explorer showing almost 2 hours since the last block?
Lightweight explorer here: https://minkiz.co/acme/spr *
summary data: https://minkiz.co/acme
Cheers
Graham
* self-signed SSL cert, CA cert, DYR: archive.org
Edit: added summary data URL
July 21, 2015, 06:16:55 AM
Block Explorer showing almost 2 hours since the last block?
Seems like the chainz.cryptoid SPR explorer is stuck at block 491028
https://chainz.cryptoid.info/spr/
Anyway, my full node shows 491141 blocks:
Code:
{
"version" : 91504,
"protocolversion" : 70019,
"walletversion" : 60000,
"balance" : 0.00000000,
"blocks" : 491141,
"timeoffset" : 0,
"connections" : 50,
"proxy" : "",
"difficulty" : 6.07299338,
"networkhashps" : 358892056,
"moneysupply" : 3205281.19121666,
"testnet" : false,
"keypoololdest" : 1436910148,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""
}
"version" : 91504,
"protocolversion" : 70019,
"walletversion" : 60000,
"balance" : 0.00000000,
"blocks" : 491141,
"timeoffset" : 0,
"connections" : 50,
"proxy" : "",
"difficulty" : 6.07299338,
"networkhashps" : 358892056,
"moneysupply" : 3205281.19121666,
"testnet" : false,
"keypoololdest" : 1436910148,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""
}
I am still working on our own official SPR explorer... stay tuned.
July 21, 2015, 05:38:53 AM
Block Explorer showing almost 2 hours since the last block?
July 20, 2015, 06:30:06 PM
I guess Big Data, err, is big
If you ignore the 'email' sources of data, then you get transactions and logs.
So, the thesis is this:
Can you take Bitcoin transaction and log data and build a platform that can look at social media data and create common data points that would help reveal something worth being called 'business analytics' that managers, CEOs, analysts, researchers, etc, would trust enough to help them make decisions?
If you ignore the 'email' sources of data, then you get transactions and logs.
So, the thesis is this:
Can you take Bitcoin transaction and log data and build a platform that can look at social media data and create common data points that would help reveal something worth being called 'business analytics' that managers, CEOs, analysts, researchers, etc, would trust enough to help them make decisions?
July 19, 2015, 08:12:51 PM
Blockchain Identity Startup ShoCard Raises $1.5 Million
http://www.coindesk.com/blockchain-identity-startup-shocard-1-5-million/
"TradeBlock received a $2.8M seed funding from an investment round on July 16, 2014. Created by co-founders Jeff Schvey and Greg Schvey, the company is aimed to be the portal for blockchain data and digital currency analysis, watching everything involved with trades, regulations, protocol updates and mining. "
http://cointelegraph.com/news/114892/blockchain-data-provider-tradeblock-partners-with-fintech-sandbox
Seems to be a lot of vc interest in Blockchain data....
http://www.coindesk.com/blockchain-identity-startup-shocard-1-5-million/
"TradeBlock received a $2.8M seed funding from an investment round on July 16, 2014. Created by co-founders Jeff Schvey and Greg Schvey, the company is aimed to be the portal for blockchain data and digital currency analysis, watching everything involved with trades, regulations, protocol updates and mining. "
http://cointelegraph.com/news/114892/blockchain-data-provider-tradeblock-partners-with-fintech-sandbox
Seems to be a lot of vc interest in Blockchain data....
Factom Inc. have also closed $1m from crowd funding.
https://bitcointalksearch.org/topic/m.11899990
This is in addition to an ICO of some sorts for their token. Sounds a bit of a mess. ICO and a crowd sale.
However, plenty of interest in blockchains, but only Bitcoin or Bitcoin related so far.
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