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Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 174. (Read 810085 times)

hero member
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Unlike Noob'AlmightyTextBrick'OnTheBlock I don't personally care about making more BTC, or the market price of either DRK or SPR at all. I'm here because I support blockchain and masternode technology and hope that what they evolve into will in some small way help future generations avoid constant financial rape and pillage by the kleptocrats that currently run this asylum we all live on.

WOW Sorry for typing so much Mr. Crouton (I can call you that right, that's being respectful) I didn't realize that my words would be taken and twisted around by everyone!

1. I never said I was in SpreadCoin just to make more BTC, I said that the masses trade altcoins to make more BTC which whether anyone likes it or not is the TRUTH!

2. I'm sorry I went on a rambling huge text block rampage today I haven't been having a good day and apologize for that

3. I also believe that cryptocurrencies are a means to help future generations be released from the stronghold of the people who run the Economy

4. Honestly if all I cared about was more BTC than anything else I would've already cashed out of SpreadCoin tripling my investment and moved on to the next coin

5. I do think it's funny though that people are saying that they aren't in this to make money like at least I was honest about why I started trading and investing in cryptocurrencies.  That isn't the only reason though and anyone who says they aren't in crypto to make some money are liars bottom line!  At least I had the balls to say that ya I trade cryptos to make money and everyone twists my words around like I'm some pump and dumper that is only in SpreadCoin for nothing more than making more BTC.  If all I cared about was more BTC I'd stick to swing trading the flavours of the week and not investing a huge part of my portfolio to SpreadCoin don't you think? Anyways sorry Mr. Crouton for writing a big textblock again

EDIT: I don't know why that's all in bold I meant only for the WOW to be bolded lol
legendary
Activity: 1442
Merit: 1018
Two people don't control 80% of Darkcoin's hashrate. I know your argument on pools for months now but BTC is sitting there waiting for these evil pools to go all rogue and start 51% attacks... waiting.

Yes, two people do. Or worse, there are several admins each of those two servers who can be compromised. Pools are run by people. But you just go on living in la la land where bad things never happen so why bother guarding against them eh?

I have addressed why nobody has made a serious attack yet on BTC - nobody cares enough.

...yeah and every individual miner mining through that pool is going to magically continue mining for an exploited pool. Get real.
legendary
Activity: 1484
Merit: 1007
spreadcoin.info
I've already said my views on comparing crypto to the early stages of the internet, it doesn't need to be said again. I guess we shall see how much utility is truly placed on decentralized currencies.

The only thing I know for sure is, that from now on we will have a constant evolution of money.

We will always see hundreds if not thousands of active cryptocurrencies. ALL THE TIME.

The worst thing for cryptocurrencies would be to suddenly only have 2 or 3 of them and have the rest disappear for whatever strange reason. This would only happen thru (government) coercion (regulation that doesn't allow new coins to be created), never as a voluntary act.

Having hundreds of cryptocurrencies around the world is in itself the most beautiful form of decentralization I can think of at the moment.
So in a way, decentralization has already won, and doesn't need to justify its validity.

Spreadcoin thinks this is the most important lesson of cryptocurrencies.

But some people can't get that in their head, they just want their coin to win, or they hope their coin will be among the last standing survivors of the coin wars or something. lol

NOT GONNA HAPPEN, we will constantly see new coins appear, and old ones transform or die.

We here at spreadcoin think that decentralization is what will give us the best adaptability and flexibility so we can keep on transforming and surviving.
Because in this crazy game of evolution, surviving is the only thing that is of importance.
legendary
Activity: 966
Merit: 1000
Two people don't control 80% of Darkcoin's hashrate. I know your argument on pools for months now but BTC is sitting there waiting for these evil pools to go all rogue and start 51% attacks... waiting.

Yes, two people do. Take another look at this. Really, if that level of centralisation and therefore vulnerability doesn't bother you, you're daft.

Quick visual reminder of Spread's pool-free solo mining - this is a thing of beauty:


For contrast, here is Darkcoin:




Or worse, there are several admins each of those two servers who can be compromised. Pools are run by people. But you just go on living in la la land where bad things never happen so why bother guarding against them eh?

I have addressed why nobody has made a serious attack yet on BTC - nobody cares enough.
legendary
Activity: 1442
Merit: 1018
Just curious but what is the value-add here? At the end of the day, pool or no pool, the average end user isn't going to care. It just has to work, be liquid enough that they aren't raped on exchange, and have markets/merchant acceptance. What merchants are using SPR? What differentiating factor is there over BTC?

If someone wandered into the Darkcoin thread and posted such nonsense, you'd be the first to rip into them.  Cheesy

Spread's anti-pool strategy may not be perfect, but it's a hell of a lot better than anything else right now. Are you really comfortable with two people having control of 80% of Darkcoin's hashrate? Do you want me to post those pie charts again? Nobody cares about having actually decentralised blockchain security right now because nobody cares enough about cryprocurrencies to mount a serious attack on a large PoW coin. It's only a matter of time though before it happens, if BTC/DRK/whatever succeed the way we here would all like them to.

Spread borrows the masternode concept from Darkcoin, but the implementation is a fresh one. One that for example solves the masternode payments/forking issues that have plagued Darkcoin from RC3 to this day. Spread masternodes are also different in pricing philosophy, and vastly easier to set up and maintain than Darkcoin's, something I hope the Darkcoin team pays some attention to.

Unlike Noob'AlmightyTextBrick'OnTheBlock I don't personally care about making more BTC, or the market price of either DRK or SPR at all. I'm here because I support blockchain and masternode technology and hope that what they evolve into will in some small way help future generations avoid constant financial rape and pillage by the kleptocrats that currently run this asylum we all live on.

Darkcoin isn't going to change the world by itself, Spread can help a little too. Adoption is the only thing that is really going to help, and if Spread brings more users and supporters of the masternode concept on board then it will benefit Darkcoin too. I think everyone who holds any of either should hold a bit of the other too, bitching between the two groups isn't going to help anyone.

Both SPR and DRK are currently testing IX, I think this is a great thing. My personal belief is that IX has a far broader market appeal than Darksend. Comparatively few people give a damn about their privacy, but everyone's in a hurry... Anyway, there's no reason SPR can't have its own version of DS in time. It's just not the current priority, rightly in my opinion.

SPR is based on the same API as BTC and DRK, if wider merchant adoption comes for one it will come for all.

I think saying that SPR has no differentiating features over Bitcoin is plain silly. Please spank yourself, but a few SPR, and help support a fresh implementation of Evan's genius, by an honest and skilled developer. Smiley





Two people don't control 80% of Darkcoin's hashrate. I know your argument on pools for months now but BTC is sitting there waiting for these evil pools to go all rogue and start 51% attacks... waiting.

I'm not keen on the pricing strategy personally. I think it's interesting from an academic standpoint on market behavior and psychology, but from an investment standpoint and real-world practicality, it's another variable needing to be thrown into the equation for calculating ROI.

In terms of reach, instant transactions are far more appealing than Darksend, but that's a given.

I do welcome any of Mr. Spread's contributions in terms of improving Darkcoin. I'm just trying to see what value-add is here.
legendary
Activity: 1092
Merit: 1000
Then just wait for more development?
Wait for something that interests you in spr, and then invest?
Why all the blabber?

That's all I am getting at. If something exciting comes to the table, I'll reconsider. I just wanted clarification of what utility is provided in justifying the existence of the coin as it currently stands. The same can be said about 99% of the altcoins out there.

Well if 3.5Gh solo mining and the prospect of darkcoins features being added doesn't interest you, then maybe some of MrSpread's own creations for the masternode network will.

MrSpread is one of very few people who actually understand's darkcoins masternode code, i have no doubt he will have his own ideas and uses for the transaction locking system.

Would be nice to see you on board oblox.
hero member
Activity: 770
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.
Okay here is a quick question then how long did it take DarkCoin to start having utility behind it? Or was DarkCoin created and it was instantly merchant accepted and held value right off the hop? The fact is that SpreadCoin is still new and being developed and I have urged the community lots for us to start marketing the coin and promoting this coin for more adoption from the masses.  I still don't understand why you are even posting in this thread if you have no intention whatsoever of investing in this coin?

It was created to fill a void, thus creating utility. Spreadcoin isn't filling any voids. All I have heard is decentralization babble but in the grand scheme of things, people don't care. I love the idea of decentralization but people actually using the currency don't care. A currency has to be used for it to have any value whatsoever (be it transacted or store of value). If that's your sole pitch for this coin, it's dead in high water. Maybe I'll eat crow months down the road but I have a sneaking suspicion I'll be right.

As for why I am here, maybe I would get to the point of throwing some money at it but I'm not seeing anything to justify doing so.
Fair enough for why you are here Oblox I respect that you claim to be here to research what SpreadCoin has to offer and respect that you are asking questions and not just trying to spread FUD about this coin.  I personally invested in this coin because I had some conversations with the Developer Mr. Spread and one of the main ideas he threw my way about SpreadCoin was that he was really big into making the coin and its features dummy proof so that even the simplest minded person could use SpreadCoin.  That for me was a major buying point because like I said before a lot of people I have tried explaining how to use Bitcoin or other cryptocurrencies find it too complicated and sadly write it off because it's not dummy proof or easy to use for everyday people.  I also took note that Mr. Spread when releasing anything to do with SpreadCoin likes to make sure that he explains it in the simplest form possible because I'll be honest I'm not the most technologically advanced person lol I've learned so much about computers in the last 8 months than I have in my entire life because of Crypto but that was because it genuinely interests me.  I believe that SpreadCoin with its easy to set up and easy to use features makes this coin a good contender for being an accepted Crypto in the future which is why I decided to invest in it.  If SpreadCoin can become as easy to use as the swipe of a credit card then people would definitely be interested in accepting it as a payment method.  But as you can see the SpreadCoin community unfortunately lacks marketing and promotion for the coin but as it continues to grow their is no doubt in my mind that it will become a success.  Now about the decentralization you maybe right that most people don't care but the same can be said about the privacy you pointed out with DarkCoin.  The majority of people don't generally care if a coin is anonymous or private as much as they did last summer when that was the hype of every coin.  Although I do agree that maybe privacy holds more water than decentralization I still believe that simple easy to use features for everyday people is what will make a really great coin.  But that's just my opinion.
legendary
Activity: 966
Merit: 1000
Just curious but what is the value-add here? At the end of the day, pool or no pool, the average end user isn't going to care. It just has to work, be liquid enough that they aren't raped on exchange, and have markets/merchant acceptance. What merchants are using SPR? What differentiating factor is there over BTC?

If someone wandered into the Darkcoin thread and posted such nonsense, you'd be the first to rip into them.  Cheesy

Spread's anti-pool strategy may not be perfect, but it's a hell of a lot better than anything else right now. Are you really comfortable with two people having control of 80% of Darkcoin's hashrate? Do you want me to post those pie charts again? Nobody cares about having actually decentralised blockchain security right now because nobody cares enough about cryprocurrencies to mount a serious attack on a large PoW coin. It's only a matter of time though before it happens, if BTC/DRK/whatever succeed the way we here would all like them to. Darkcoin right now is actually considerably less decentralised than the tradional banking system.

Spread borrows the masternode concept from Darkcoin, but the implementation is a fresh one. One that for example solves the masternode payments/forking issues that have plagued Darkcoin from RC3 to this day. Spread masternodes are also different in pricing philosophy, and vastly easier to set up and maintain than Darkcoin's, something I hope the Darkcoin team pays some attention to.

Unlike Noob'AlmightyTextBrick'OnTheBlock I don't personally care about making more BTC, or the market price of either DRK or SPR at all. I'm here because I support blockchain and masternode technology and hope that what they evolve into will in some small way help future generations avoid constant financial rape and pillage by the kleptocrats that currently run this asylum we all live on.

Darkcoin isn't going to change the world by itself, Spread can help a little too. Adoption is the only thing that is really going to help, and if Spread brings more users and supporters of the masternode concept on board then it will benefit Darkcoin too. I think everyone who holds any of either should hold a bit of the other too, bitching between the two groups isn't going to help anyone.

Both SPR and DRK are currently testing IX, I think this is a great thing. My personal belief is that IX has a far broader market appeal than Darksend. Comparatively few people give a damn about their privacy, but everyone's in a hurry... Anyway, there's no reason SPR can't have its own version of DS in time. It's just not the current priority, rightly in my opinion.

SPR is based on the same API as BTC and DRK, if wider merchant adoption comes for one it will come for all.

I think saying that SPR has no differentiating features over Bitcoin is plain silly. Please spank yourself, consider buying a few SPR, and help support a fresh implementation of Evan's genius, by an honest and skilled developer. Smiley



legendary
Activity: 1442
Merit: 1018
Then just wait for more development?
Wait for something that interests you in spr, and then invest?
Why all the blabber?

That's all I am getting at. If something exciting comes to the table, I'll reconsider. I just wanted clarification of what utility is provided in justifying the existence of the coin as it currently stands. The same can be said about 99% of the altcoins out there.
legendary
Activity: 1092
Merit: 1000
Anyone willing to take me up on the operation of a public spr mining pool... Please msg me Wink

Currently 100 spr up for grabs.
legendary
Activity: 1442
Merit: 1018
Fancy algos, pools/no pools, block times, etc are not answers.

Lol, try telling that to the devs of 2000+ other altcoins. You've no more handle on answers than anyone else and in no better position to be able to tell good answers from bad at this stage of the development.

But enough is enough, you're clearly biased and your argumentativeness betrays your purpose, another one for the ignore list.

Cheers

Graham


What is your point? Just because there are 2000 altcoins doesn't mean anything. If anything, there needs to be MASSIVE cleanup with all the garbage out there that has sucked BTC from the individuals for nothing but empty promises of great things to come.

I'm just trying to cut through the bullshit to find out where the value lies. Oh wait, I'm on ignore. *shrug*
legendary
Activity: 1442
Merit: 1018
the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

But the end user doesn't care about decentralization. Seriously. You think Joe Blow down the street is going to give two flying fucks on whether a coin was mined via SHA, Scrypt, X11 or pools or no pools? The answer is of course not.

He cares about anonymity even less.

Define enduser.
The internet in the early 90s was only understood and used by a handful of people (whose mind was completely blown away by its possibilities)
Yet 99.999% of all people at that time thought the internet was weird, and it took them more than a decade to slowly get on board and understand the true potential of the internet.

99.999% of all people on this planet have yet to grasp the concept and utility of cryptocurrencies.

When this mentaility changes, people will start valueing things like privacy, anonymity and especially decentralization much more than they do now.

I've already said my views on comparing crypto to the early stages of the internet, it doesn't need to be said again. I guess we shall see how much utility is truly placed on decentralized currencies.
legendary
Activity: 1092
Merit: 1000
Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.
Okay here is a quick question then how long did it take DarkCoin to start having utility behind it? Or was DarkCoin created and it was instantly merchant accepted and held value right off the hop? The fact is that SpreadCoin is still new and being developed and I have urged the community lots for us to start marketing the coin and promoting this coin for more adoption from the masses.  I still don't understand why you are even posting in this thread if you have no intention whatsoever of investing in this coin?

It was created to fill a void, thus creating utility. Spreadcoin isn't filling any voids. All I have heard is decentralization babble but in the grand scheme of things, people don't care. I love the idea of decentralization but people actually using the currency don't care. A currency has to be used for it to have any value whatsoever (be it transacted or store of value). If that's your sole pitch for this coin, it's dead in high water. Maybe I'll eat crow months down the road but I have a sneaking suspicion I'll be right.

As for why I am here, maybe I would get to the point of throwing some money at it but I'm not seeing anything to justify doing so.

Then just wait for more development?
Wait for something that interests you in spr, and then invest?

Why all the blabber?
legendary
Activity: 2254
Merit: 1290
Fancy algos, pools/no pools, block times, etc are not answers.

Lol, try telling that to the devs of 2000+ other altcoins. You've no more handle on answers than anyone else and in no better position to be able to tell good answers from bad at this stage of the development.

But enough is enough, you're clearly biased and your argumentativeness betrays your purpose, another one for the ignore list.

Cheers

Graham
legendary
Activity: 1484
Merit: 1007
spreadcoin.info
the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

But the end user doesn't care about decentralization. Seriously. You think Joe Blow down the street is going to give two flying fucks on whether a coin was mined via SHA, Scrypt, X11 or pools or no pools? The answer is of course not.

He cares about anonymity even less.

Define enduser.
The internet in the early 90s was only understood and used by a handful of people (whose mind was completely blown away by its possibilities)
Yet 99.999% of all people at that time thought the internet was weird, and it took them more than a decade to slowly get on board and understand the true potential of the internet.

99.999% of all people on this planet have yet to grasp the concept and utility of cryptocurrencies.

When this mentality changes, people will start valueing things like privacy, anonymity and especially decentralization much more than they do now.
legendary
Activity: 1092
Merit: 1000
the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.
("No Pools" is merely the first example of this)

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

What is MrSpread decentralizing though, a currency.
We must have fungability in the currency, and for that we need anonymity.

Although it is not immediately essential, it is something I think is critical in the long term!
legendary
Activity: 1442
Merit: 1018
Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.
Okay here is a quick question then how long did it take DarkCoin to start having utility behind it? Or was DarkCoin created and it was instantly merchant accepted and held value right off the hop? The fact is that SpreadCoin is still new and being developed and I have urged the community lots for us to start marketing the coin and promoting this coin for more adoption from the masses.  I still don't understand why you are even posting in this thread if you have no intention whatsoever of investing in this coin?

It was created to fill a void, thus creating utility. Spreadcoin isn't filling any voids. All I have heard is decentralization babble but in the grand scheme of things, people don't care. I love the idea of decentralization but people actually using the currency don't care. A currency has to be used for it to have any value whatsoever (be it transacted or store of value). If that's your sole pitch for this coin, it's dead in high water. Maybe I'll eat crow months down the road but I have a sneaking suspicion I'll be right.

As for why I am here, maybe I would get to the point of throwing some money at it but I'm not seeing anything to justify doing so.
legendary
Activity: 1442
Merit: 1018
the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.

But the end user doesn't care about decentralization. Seriously. You think Joe Blow down the street is going to give two flying fucks on whether a coin was mined via SHA, Scrypt, X11 or pools or no pools? The answer is of course not.
hero member
Activity: 770
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
Oblox just admit it's a possible threat to you. Since it plans on using Darkcoin's code and features. Thats why you are here asking questions. period  Like we all did when first discovering it.

No, it's not. It doesn't serve a purpose over using BTC. Blindly investing it because it happens to have masternodes doesn't change the fact that there is no utility in the coin over BTC. I'm asking questions hoping someone here is knowledge on something I am missing to justify throwing any money into it. Frankly, I have yet to see a reason to.
Okay here is a quick question then how long did it take DarkCoin to start having utility behind it? Or was DarkCoin created and it was instantly merchant accepted and held value right off the hop? The fact is that SpreadCoin is still new and being developed and I have urged the community lots for us to start marketing the coin and promoting this coin for more adoption from the masses.  I still don't understand why you are even posting in this thread if you have no intention whatsoever of investing in this coin?
legendary
Activity: 1484
Merit: 1007
spreadcoin.info
the coin is still being developed. Who knows what will come of it. Sort of like Darkcoin when we first saw it as Xcoin. And it evolved and developed into the coin we know today. Im sure many people had some of the same questions.

Fair enough but the difference is that Darkcoin (or Xcoin as it originally was) set out to fill a void that Bitcoin did not fill. I'm simply asking what void SPR fills to differentiate itself from Bitcoin. Again, the end user doesn't care what algo secures the coin or whether it was mined via pools or not.

The main theme behind spreadcoin is decentralization.

In whatever form it can be achieved and extended.
("No Pools" is merely the first example of this)

Mr. Spread has already mentioned many times that darksend is not something he wants to implement, instead he (and the community) will take a different route.

Anonymity is not the main goal of spreadcoin, but decentralization.
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