The pool only has a few members in it. Owned by who? I'm going to guess that everyone in the pool is owned by the same person. (Because he can't steal from himself) Therefore the coin still remains deeply decentralized because pools like this could pop up everywhere! Meaning that only individual mining farms would be apart of the pool. (By the way creating your own pool would be entirely realistic for someone who owned a bitcoin farm)
Doesn't matter. The coin was marketed as solo only and pools exist. Now that isn't the entire issue. And it was an issue that could have been addressed and even overcome. The issue is the campaign that was launched to deny the fact and attack those that brought the issue to light. When you have the main people behind a coin denying the truth, lying, and using any means they can to suppress it then that tells you something about those people. It's sleazy and I've seen it done by these same people before. They'll get whatever btc they can out of the people that fall for their scheme and when they can't get anymore btc they move on. The architect of this is well known and has done the same thing before with numerous coins. Someone needs to stand up and call these guys out. If that has to be me then so be it. But I'll be damned if I'm going to just sit back and watch this crap go on without saying anything. I don't care if it costs me financially. I'll make that loss up by going to sleep at night knowing that I still have my integrity.
Also, a true solo only coin would make it much more difficult for these large farms to come in and rape the coin.
Spreadnodes, I think you've just got some serious beef with MyFarm, and you're using whatever you can to attack him. I don't know if he's this horrible person you say - but constantly bitching about the pool thing is simply being a pedantic cunt.
Spreadcoin has the whitepaper, detailing exactly how it deters pools. Obviously, it cannot stop independent machines from hashing to one daemon and splitting the profit - but it achieves what it meant to, that is, discouraging the infestation of pools on a large scale like other coins.
Wolf0, you have my respect and I have no problem with you so I'll just say this. I don't know who mrfarm is. He could be a great guy in real life. He could have a family and children, be a wonderful father, a person that cares about other people. My beef is with the way they game the system and profit at the expense of the weaker minded and naive people that fall for their shenanigans. If you read my last post I even mentioned that the pool issue was something that could be overcome. The issue is the scorched earth policy that they use along with their followers to attack anyone that questions what they want to appear to be the truth. It's sleazy and it doesn't have to be that way. If you go back and read the thread which I don't expect you to do, you will see that these concerns were first raised in a very cordial and civil matter. Then the FUD FUD FUD! campaign started.
Now I wasn't the one posting in big red letters, and I wasn't the one calling you names. I started out trying to bring some things to light and was kicked to the curb, my questions and concerns deemed irrelevant. And yes spreadcoin is pool resistant not pool proof. But give it some time and someone will figure out a way to make it completely pool friendly. That's expected. Any code can be modified and solutions found to circumvent methods. But these guys just brushed everything off and adamantly proclaimed that no pools existed when it was obvious they did. Where I come from that's called lying. And where I come from liars are the ones on the shit list. I'm done talking about myfarm. They are going to do what they are going to do. But I will not hesitate to call them out if I see something shady going on. There is too much of that in cryptocurrency.
One thing I am going to do is take exception to you calling me a pedantic cunt. I don't think I am. If you do well that's your choice. For the record, you're contributions to cryptocurrency far surpass those of myfarm and 90% of everyone else involved in this fun yet sometimes challenging and aggravating endeavor we've all decided to undertake when we decided to get involved in this technology.
Anyway, I wish you the best and hope we can work together in the future. When I say work together I mean on a project not related to forking spreadcoin or anything spreadx11. Myself and others have some interest in some other endeavors that will require your expertise. I can't say more right now so I'll leave it at that for the moment.
Mate, I'm not going to use the c word because I don't, but I sure can relate to why wolf0 did (even though he's apologised)!
You are sooooooooo pedantic! You are going on and on and on. It's worse than having a three year old asking for lollies at the supermarket checkout while you're tying to do ten other things at the same time.
WE GET IT RIGHT! You don't like MyFarm. You don't like how this has all played out so far. You think they're lying. You think it's a P&D. WE'VE HEARD IT AND WE'VE HEARD IT LOUD AND CLEAR
But I will not hesitate to call them out if I see something shady going on. There is too much of that in cryptocurrency.
You've already done it you fool! You've slung more mud and pedalled more innuendo plus direct accusations in these past few pages than anyone.
GIVE IT A REST!
GO AWAY!
LEAVE EVERYONE ALONE!
Get a life for goodness sake and go create your own coin where you can control how it plays out. Leave the Spread people and Spreadcoin to the people who are willing to give it a go (with all the risks that involves; this is cryptoland, do you really think you're so much more knowledgeable than other people on here that you have to just bang on about this stuff ad nauseum forever!!!???).
JUST LEAVE AND GO DO SOMETHING ELSE!
(FFS every time I click post you've posted yet again while I'm typing....unbelievable!)