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Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 125. (Read 810098 times)

legendary
Activity: 1540
Merit: 1001
Crypto since 2014
Sorry I ask every tiem the same question. 3BTC to run a SPR masternode at the current price?

This is testnet.

Masternodes don't exist in main net yet.

Come again in a few weeks.

I understand that, but i'm asking what is the minimum on a MN once it hits mainnet?
Look above your post.

Quote
No, at the current price it would be a minimum of 0.029 btc for 100 spreadcoins.
sr. member
Activity: 406
Merit: 250
Sorry I ask every tiem the same question. 3BTC to run a SPR masternode at the current price?

This is testnet.

Masternodes don't exist in main net yet.

Come again in a few weeks.

I understand that, but i'm asking what is the minimum on a MN once it hits mainnet?
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
Sorry I ask every tiem the same question. 3BTC to run a SPR masternode at the current price?
No, at the current price it would be a minimum of 0.029 btc for 100 spreadcoins.
But as more people create masternodes, the more Spreadcoin you'll need to stay on top.

We haven't started yet on the main net but when we do, i'm sure it'll cost a lot more than 0.029 btc. Smiley
legendary
Activity: 1092
Merit: 1001
Sorry I ask every tiem the same question. 3BTC to run a SPR masternode at the current price?

This is testnet.

Masternodes don't exist in main net yet.

Come again in a few weeks.

Oh I see. Few weeks before hitting the mainnet? This is cool.
legendary
Activity: 1484
Merit: 1007
spreadcoin.info
Sorry I ask every tiem the same question. 3BTC to run a SPR masternode at the current price?

This is testnet.

Masternodes don't exist in main net yet.

Come again in a few weeks.
sr. member
Activity: 406
Merit: 250
Sorry I ask every tiem the same question. 3BTC to run a SPR masternode at the current price?

Yea, what will it take to run a masternode once it hits mainnet?
legendary
Activity: 1092
Merit: 1001
Sorry I ask every tiem the same question. 3BTC to run a SPR masternode at the current price?
legendary
Activity: 966
Merit: 1000
Almost 1000 MN!

how many are required for full testing? ...

#crysx
Currently 979 elected out of 1874 potentials. So need another 460 or so elected to check the 'booting-the-lowest' thing.
legendary
Activity: 2912
Merit: 1091
--- ChainWorks Industries ---
Almost 1000 MN!

how many are required for full testing? ...

#crysx
sr. member
Activity: 406
Merit: 250
legendary
Activity: 1484
Merit: 1007
spreadcoin.info
@ Mr. Spread:

You made this post nearly a month ago:

https://bitcointalksearch.org/topic/m.10193497

where you said the following thing:

Initial masternode implementation will not require you to have a static IP. Instant transactions simply don't require this: someone broadcasts transaction, masternode receive this transactions, sign it and broadcasts this signature, there is no need for anyone to directly connect to masternodes. Nodes will monitor time delays between receiving transactions and confirmations from masternodes and will assign scores for each masternode according to these delays. This score and deposit amount will affect which masternodes will receive payments.

If I understood you correctly here, that it is really the case that the deposit amount of a masternode does affect what masternodes will receive payments, then this is the reason for all the problems we are seeing.

If the deposit amount is allowed to affect which masternodes receive payments,then this kills the competition before it has even started.

The deposit amount must not have anything to do with who receives payments, or else the system is broken.

The deposit amount is only here to decide if your MN is allowed to stay in the game or be kicked out because it is the weakest link.

Let only the score affect which masternodes receive payments, AND NOTHING ELSE!

Then the competition will really work as intended.
Why should the score even affect it? Why not just randomly assign the masternodes?

I guess the score will have to affect it at some later point when the masternodes actually perform all kinds of services.
Then the score will serve to reward the MNs that provide a better service than MNs with a lower score (which will need to be punished).

You can see how this will work when looking at instantX transactions (the first service masternodes provide):

Nodes will monitor time delays between receiving transactions and confirmations from masternodes and will assign scores for each masternode according to these delays.
legendary
Activity: 910
Merit: 1006
BCH Advocate.

Dumping is doomed to come soon,for super fast miners produce cheap SPRs,whose mining cost is far below 20K sato.
Dude there is currently only 1440 blocks a day at 6.66 Spr a block equalling = 9590.40 Spr mined each day and that pool shot you keep posting doesn't even cover close to any amount of the Net hashrate that is mining SpreadCoin right now so quit posting it please and thank you Smiley

6.22248 Spread per block * 1440 == 8960.3712  Wink
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
@ Mr. Spread:

You made this post nearly a month ago:

https://bitcointalksearch.org/topic/m.10193497

where you said the following thing:

Initial masternode implementation will not require you to have a static IP. Instant transactions simply don't require this: someone broadcasts transaction, masternode receive this transactions, sign it and broadcasts this signature, there is no need for anyone to directly connect to masternodes. Nodes will monitor time delays between receiving transactions and confirmations from masternodes and will assign scores for each masternode according to these delays. This score and deposit amount will affect which masternodes will receive payments.

If I understood you correctly here, that it is really the case that the deposit amount of a masternode does affect what masternodes will receive payments, then this is the reason for all the problems we are seeing.

If the deposit amount is allowed to affect which masternodes receive payments,then this kills the competition before it has even started.

The deposit amount must not have anything to do with who receives payments, or else the system is broken.

The deposit amount is only here to decide if your MN is allowed to stay in the game or be kicked out because it is the weakest link.

Let only the score affect which masternodes receive payments, AND NOTHING ELSE!

Then the competition will really work as intended.
Why should the score even affect it? Why not just randomly assign the masternodes?
legendary
Activity: 1484
Merit: 1007
spreadcoin.info
@ Mr. Spread:

You made this post nearly a month ago:

https://bitcointalksearch.org/topic/m.10193497

where you said the following thing:

Initial masternode implementation will not require you to have a static IP. Instant transactions simply don't require this: someone broadcasts transaction, masternode receive this transactions, sign it and broadcasts this signature, there is no need for anyone to directly connect to masternodes. Nodes will monitor time delays between receiving transactions and confirmations from masternodes and will assign scores for each masternode according to these delays. This score and deposit amount will affect which masternodes will receive payments.

If I understood you correctly here, that it is really the case that the deposit amount of a masternode does affect which masternodes will receive votes (and therefor payments), then this is the reason for all the problems we are seeing at the moment in the testnet version.

If the deposit amount is allowed to affect which masternodes receive votes, then this kills the competition before it has even started.

The deposit amount must not have anything to do with who receives votes, or else the system is broken.

The deposit amount is only here to decide if your MN is allowed to stay in the game or be kicked out because it is the weakest link.

Let only the score affect which masternodes receive votes (and therefor payments), AND NOTHING ELSE!
And let the deposit amount only decide if the masternode is allowed to be on the list or be kicked out. Nothing else.

Then the competition will really work as intended.
hero member
Activity: 784
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE

Dumping is doomed to come soon,for super fast miners produce cheap SPRs,whose mining cost is far below 20K sato.
Dude there is currently only 1440 blocks a day at 6.66 Spr a block equalling = 9590.40 Spr mined each day and that pool shot you keep posting doesn't even cover close to any amount of the Net hashrate that is mining SpreadCoin right now so quit posting it please and thank you Smiley
hero member
Activity: 784
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
To get more attention, we can do the Signature contest that we talked about last year.
But perhaps after the MasterNode implementation.
That's a good idea Smiley I like that idea and definitely after the masternode implementation is in full force Smiley Good job buddy Wink
legendary
Activity: 910
Merit: 1006
BCH Advocate.
http://spreadcointalk.org/index.php?topic=53.0

Shout out to Mikolo on Spreadcoin talk for the sweet Spread dice game.

and for actually filling the payout when I hit that 500x roll   Cool

Edit those TWO 500 x rolls!  Roll Eyes


Nice. You broke it again.  Lips sealed

hero member
Activity: 854
Merit: 1000
I really like this coin and support it every way I can but honestly, that rex orderbook looks so screwed... Who is running the show?

What's wrong with it?

Nothing wrong there, just looks like a one man show to me.

What makes you think that?  What are you seeing?

Not going to tell everything I see, just basic things. I´m sure You know how this game is played.

Take away those .000000000 orders. What's left? Someone is also trying to hide where the real floor is.
Did you mistype Cex in your first post? Go over to bittrex and you'll see much more.

It is not inconceivable that we have someone who owns large amounts of SPR and tries to keep the price down as long as possible.


Based upon price action I suspect we have one or two miners regularly dumping.

Or someone wants to make us think that's the case.

I don't think that SPR miners belong to that kind of miners that constantly dump their coins, especially now that we are in the early phase of the coin.

After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate.  And if I was:

1.  Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2.  If I was a competing coin, I could keep the price of the coin deflated.
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
http://spreadcointalk.org/index.php?topic=53.0

Shout out to Mikolo on Spreadcoin talk for the sweet Spread dice game.

and for actually filling the payout when I hit that 500x roll   Cool

Edit those TWO 500 x rolls!  Roll Eyes


Nice. You broke it again.  Lips sealed
legendary
Activity: 910
Merit: 1006
BCH Advocate.
http://spreadcointalk.org/index.php?topic=53.0

Shout out to Mikolo on Spreadcoin talk for the sweet Spread dice game.

and for actually filling the payout when I hit that 500x roll   Cool

Edit those TWO 500 x rolls!  Roll Eyes

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