Topic: [ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming) - page 85. (Read 790417 times)

Is there any team to develop this coin?

Very much looking forward to seeing the podcast.

The Bitcoin blockchain is going to grow with or without SegWit and so there is a huge amount of potential for Spreadcoin supporting BTC.  The current price really does not justify or reflect the potential that can be unlocked.

...my fav thread image compilation..."spreads triple bottom"...

Hey just2laff where have you been, I missed you. 

If you like to donate SPR please use this address:

ShutUpHxbuLdy22g9NE4afviUr2Cnqd68H

I'm now really close with releasing regular updates.
Much of the groundwork has been done.
Stay tuned and thanks again for your donations.

georgem,

  What is your SPR address?   I have signatures and all of that sh*t turned off for the forum.  Id like to send you a few SPR,  Typing on a chilet laptop, so pleases forgive the misspellings

William

Ok, great, I'll take a look at it. http://screencast-o-matic.com/home

Screencastomatic. I've used it before for some of my projects. I believe that's how it's spelled.

http://screencast-o-matic.com/home

Edit: sorry was on my mobile took a while to get the link 

Hey everyone,

do you know a free screen recorder software for macs?

I found a good free screen recorder for linux (RecordMyDesktop),
and I have a camtasia license for windows.

But I need something similar for mac, if possible for free.

Any recommendations?

So everyone knows: Georgem just put up a bounty for sexy GIFs. I hope we have some genius GIF makers here! I can't wait.

This is it? Only one sentence?

Can we see the whole thing yet?  

As I already earn some revenues from the provision of cloud hosting to Enterprise customers, I know that these types of organsiations are moving to managed cloud services.

But the key thing is this: They are prepared to pay between $100 to $300 per user per month. This depends on the level of service, additional features, etc.

So, the opportunity for DSDN and service nodes is the potential to charge the cost of hosting, plus a significant premium to manage full nodes for others and provide an encrypted link between SPV and a deployed peer.

For Bitcoin, this means the blockchain can grow and grow knowing that full nodes would actually increase and that there is a mechanism to keep the network decentralised by running them through a decentralised network of ServiceNodes vs a small number of big server farms operated by a small number of organisations.

Managed services also means that there will be an optimal number of full Bitcoin (or any coin) node, running on the optimal bandwidth and hardware. As miners relay their blocks, DSDN nodes will help speed the propagation of blocks around the world.

Or, as Satoshi put it:


https://bitcointalksearch.org/topic/m.6306

Ladies and gentlemen, the DSDN whitepaper is done.

Full Bitcoin or any node managed by ServiceNodes, with SPV to Full node encryption, for a fee.

I thank you.

 

GIFs can't get any better than that!

I would pay good SPR if someone would create similar sexy GIFs for spreadcoin.

I don't have time to create them myself anymore obviously, but I will pay atleast 100 SPR for every GIF created.

Only requirement: it must be high quality, both in animation and choice of model.

I reserve the right to pay less or NOT AT ALL if quality sucks.

Anyone interested?  



You can post GIFs here:

http://spreadcointalk.org/index.php?topic=76.0

lol, this thread was created when the original mr. spread was still around.
How time flies by!

You got me curious...

lol. I hope this is just scratching the surface so that I have more gems to look forward to.



On a more serious note and in regards to the whole protocol discussion, would Spreadcoin be up for a change if there was evidence that another protocol was verifiably better than POW in terms of decentralization (and retained integrity in terms of distributed consensus?)

This looks like a great decentralised exchange:

https://vimeo.com/131086362

If you remove the fiat gateways, this could be epic running off ServiceNodes.

We are talking about distributed consensus, that's our holy grail.
POW and POS are examples of how distributed consensus is (pretended to be) achieved.
We have to show which one does a better, more stable and more flawless job in achieving this goal.

The conclusion of the paper I linked:


Contrast that to the essence of bitcoin's breakthrough achievement (distributed consensus):


I guess that's what I love about POW... that it adds true real world economic incentives to the game.

If POS wants to get rid of this capitalist/economic/meritocratic part of bitcoin, it better damn well make sure that it replaces it with something equally as good or better.

Which I highly doubt exists.  

I don't think that "everybody ogling the stakes of everybody else" can even be considered an economic incentive. What is this anyway... "money creation through book keeping"?  

Therefor:

Agreed, I'm not a big fan of democracy, since it's the "original 51% attack". Or mob rule as some like to call it.


Well, that's what you need to prove. Scientifically.
You need to show that POS will be in every case a better solution than POW.
Buzzwords and assumptions are not doing that.
Yes, I'm aware that a raspberry pi requires less energy than a 2kW ASIC, but that is irrelevant.

What is relevant is whether we achieve true distributed consensus or not.

If this can only be done in an energy intensive way, then so be it.


The problem with all the links you posted (if I may say so) is that all of them have already made up their mind that POW is bad, and that it needs to be replaced with their new favorite: POS.

I find this rather suspicious and unscientific, this certainly won't convince me.

I need a paper where someone unapologetically and mercilessly wants to falsify whether POS or POW is better, without prefering POS from the getgo.
The premise can't be "POS is the solution - don't you see that it requires barely any energy??? - let's find justifications/rationalizations why POS will replace POW",
but rather "let's compare POS and POW and figure out what they actually do regarding distributed consensus".

I think this paper here tries to do that:

https://download.wpsoftware.net/bitcoin/pos.pdf

And here's the reddit discussion about this paper: https://www.reddit.com/r/Bitcoin/comments/2jwbvr/excellent_paper_on_why_proof_of_stake_is/

If POS is really this super solution then we need to scrutinize it mercilessly. Not cuddle with it.

If POS still stands after such a beating, then you convince me.

PoS v PoW

Both have good and bad points.

Spreadx11 solves the centralisation problem which, other than wasting electricity, is the main disadvantage of PoW. But wasting electricity is the core security feature of PoW, but only when the level of mining reaches an escape velocity, ie. it would cost someone too much money to attempt an attack. There are very few coins that have reached this escape velocity, Bitcoin being one of them.

If you want a detailed overview of PoS v. PoW:

* Ethereum has a good overview as it is migrating from PoW to PoS https://blog.ethereum.org/2014/11/25/proof-stake-learned-love-weak-subjectivity/

* Cointelegraph on why a new algo is needed https://cointelegraph.com/news/the-inevitable-failure-of-proof-of-stake-blockchains-and-why-a-new-algorithm-is-needed

* Others like Charlie Lee trying to solve this issue https://eprint.iacr.org/2014/452.pdf

The issue with focusing on PoS or PoW is that most people don't really care. You may believe that solving this issue is going to change your world, but it won't. If you get something working, Bitcoin will use it.

Look at x11. When it was launched, it was copied to death. It didn't really add anything to Darkcoin.
Look at Spreadx11. When it was launched, it was seen as innovative, but the price of SPR tanked to $15k.

Miners simply want to earn some steady money and make some profits, but ultimately they are like a lothario, always looking to move on to the next conquest.

For all its internet money promises, Bitcoin is now having an identity crisis in that it can't compete with free services like PayPal. The argument about developing a fee market to pay miners is crippling progress. If it turns to PoS, the value of each coin means it becomes an easy target, Bitcoin value goes to zero.

The one area that is of interest is creating a requirement for miners to also be linked to ServiceNodes - the collateral to mine idea.

Solving the nothing at stake problem for PoS, gets you back to square one: why should anyone bother with xyz coin?

End user features and benefits. That's what people want.

But even more than that, it's all about profit. You can engage with thousands of people if you can show them a way to make some profits. As shown in the Spread PoBN whitepaper, it doesn't actually have to be a big profit, either. People are quite happy to spend hours on end to make small profits, if there is something else that engages them about a project, like supporting the decentralisation of Bitcoin, or xyz coin.

It is a worthwhile goal to try to solve the PoS vs. PoW or even PoS & PoW problem, but it might not lead to any meaningful profits, if that's the problem your ultimately trying to solve.

That's pretty flattering, thanks for reading through all my posts, lol.

But I warn you, if you find one or more weird posts (especially from the early days) don't complain.

Well, it's complicated.

DSDN will be a product offered by ServiceNodes, which is a way to avoid full nodes being operated by small numbers of organisations.

So we need some ways to provide proof that someone is running a full node. This is fine if a customer is using an SPV. If they don't get the service, their SPV will not work, they stop paying. 

But we are also including the launch of a second full node. So we need to know if this node has actually been launched, to prevent service node operators from cheating.

I'm looking for a central client that can link spreadcoin nodes to servicenodes to bitcoin nodes. Spreadwallet has the potential to be an intermediary between two completely different networks, because it can host various clients.

Ok, what is the relationship between DSDN and Servicenodes?
Are they the same thing?

Isn't it rather the details of how Servicenodes will work that you need to see?

-sf-