Topic: [ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming) - page 314. (Read 790414 times)

The great thing about the USA is that we know how to ban IPs that come from that country. Digital financial services are not universally banned around the world.

The global online gambling industry has banned the USA for years.

If they want to exclude themselves from the global financial system, let them.

.........

I will add 5,000SPR to the bounty for Bitcoin Core development.  As Coins101 said, it will require a significant amount of specialist work to achieve.

Total Bitcoin Core Development Bounty:  10K SPR

Dan

I will add 5,000SPR to the bounty for Bitcoin Core development.  As Coins101 said, it will require a significant amount of specialist work to achieve.

Total Bitcoin Core Development Bounty:  10K SPR

Dan

I'm contributing 5k SPR to the Bitcoin Core development as a bounty.

I'll let CHAOSiTECH confirm how that should be shared.

I know the work involved will be significant, so 5k is more of a token gesture by comparison to the effort that is involved.

America wants to control the world

Ok guys so it turns out every time I sell my coins, the price jumps up.
I sold at 12k and was hoping to get in at 10k but you can see what happened.
I'm just going to give up on trading. I'm not going to buy spreadcoins anymore, I'll just keep my 400 I have in my wallet on my PC and keep collecting coins from bounties.
Hopefully the price goes down to 0.00003000 again and then I'll buy.

While certainly interesting and should raise concerns in a lot of people, that was more about whether the currency itself is considered centralized or not. I'm talking about the network, or to be more specific, any functionality that would rely on a "small" pool of nodes that could be compromised.

At the end of they day, my entire point is to avoid anything like the use of masternodes etc in order to reduce the risk to the system as they're just not required due to other options being available.

you can also addnode=94.23.23.194 :-)

{
    "version" : 91504,
    "protocolversion" : 70019,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 385972,
    "timeoffset" : 0,
    "connections" : 43,
    "proxy" : "",
    "difficulty" : 18.02900208,
    "networkhashps" : 1114261156,
    "moneysupply" : 2581025.35115666,
    "testnet" : false,
    "keypoololdest" : 1430663159,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "mininput" : 0.00001000,
    "errors" : ""
}

Ok guys so it turns out every time I sell my coins, the price jumps up.
I sold at 12k and was hoping to get in at 10k but you can see what happened.
I'm just going to give up on trading. I'm not going to buy spreadcoins anymore, I'll just keep my 400 I have in my wallet on my PC and keep collecting coins from bounties.
Hopefully the price goes down to 0.00003000 again and then I'll buy.

Ok guys so it turns out every time I sell my coins, the price jumps up.
I sold at 12k and was hoping to get in at 10k but you can see what happened.
I'm just going to give up on trading. I'm not going to buy spreadcoins anymore, I'll just keep my 400 I have in my wallet on my PC and keep collecting coins from bounties.
Hopefully the price goes down to 0.00003000 again and then I'll buy.

All but one of the old full nodes are dead!

The next QT will have at least 8 stable full nodes in it.

In the meantime, addnode=52.17.253.8 if you want to use my node.  My node has 40+ connections at the moment and has good bandwidth.

Dan

The trolling is strong with this one. I Love it  

So far, the known balances from 3 wallets is more than the current coin supply.

Good lord.. Updated my old client to the latest one and I'm getting like 1 connection. Anyone have a config file with a node list they can share?

While certainly interesting and should raise concerns in a lot of people, that was more about whether the currency itself is considered centralized or not. I'm talking about the network, or to be more specific, any functionality that would rely on a "small" pool of nodes that could be compromised.

The FinCen stuff should really raise concerns for those that are effectively paid to run Masternodes, it wouldn't take much to classify them as administrators. There's already issues with the FinCen regulations as by their definition miners can be considered money transmitters and in the same section it says those (think Masternodes that are required for making things anonymous) that transfer currency from one person to another would also be considered money transmitters.

At the end of they day, my entire point is to avoid anything like the use of masternodes etc in order to reduce the risk to the system as they're just not required due to other options being available.

This issue is potentially too important to be held hostage by unsupported assertions.

Taken verbatim from the “ripple-paid-$700k-for-PoD-from-USG” thread (I paraphrase):


Cheers

Graham

ummm. No they're not.

There is nothing new here. FinCEN has issued guidance over two years ago that makes a clear distinction between a Centralized Virtual Currency and a De-Centralized Virtual Currency. http://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html. Centralized Virtual Currencies mean that the Administrator and this can easily include developers etc. are considered MSBs and subject to MSB and AML/KNC regulations. Premined, IPO, ICO coins and likely many instamined and ninjamined coins are considered Centralized Virtual Currencies and subject to MSB and AML/KNC regulations.

For a coin to be considered a De-Centralized Virtual Currency both the following conditions have to be met. This is among many reasons why I have limited my Crypto-currency investments to Bitcoin (XBT), Monero (XMR) and Namecoin (NMC) and have stayed well away from premined, instamined, ninjamined, IPO, ICO, etc coins. We must keep in mind that the whole point of Bitcoin was to create a de-centralized form of money without a centralized controlling entity, and not to replace one centralized controlling entity with another for private profit.

Edit 1: If one wishes to invest in centralized forms of money one can buy shares in a bank.
 
Edit 2: It is not just FinCEN that premined, instamined, ninjamined, IPO, ICO, etc coins need to be concerned about. In the United States there is the SEC, and then there are hundreds of national and sub national regulatory bodies worldwide that could follow FinCEN's lead.