Hi, I downloaded the testnet wallet today, I needed some coins to get it running.
Here is my address
Here is my address
Aliman,
Edit your post and delete your address.
Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 185. (Read 810085 times)
January 30, 2015, 11:00:07 PM
Aliman,
Edit your post and delete your address.
January 30, 2015, 10:45:05 PM
Hi, I downloaded the testnet wallet today, I needed some coins to get it running.
Here is my address: mXxXxXxXxXxm
DO NOT post your address on Bitcointalk. Create an account on Spreadcointalk and post here: http://spreadcointalk.org/index.php?topic=37.0 Here is my address: mXxXxXxXxXxm
January 30, 2015, 10:43:19 PM
Hi, I downloaded the testnet wallet today, I needed some coins to get it running.
January 30, 2015, 10:33:47 PM
First FUD ended !!!
Lets resume the thread normally, i really don't see much of the FUDDERs' points of argument, sure there are always exceptions in one way or another, but to ensure that these exception can never compromise the network in its entirety is this coin's selling point.
So what if wolf and sp sells optimized miners to a handful of people ? At the very least these 2 are making it known on the main threads and they have actual products, i'd probably can easily go over the miner sites in china and find similiar posts there, are people there selling these 2's miners in a different languange ? are these new miners made by different people with different hashrate increments ? i don't care and i dont mind.
Mr. spread is not God, he can't make everything perfect in spreadcoin alone and without a team (i'm anti-religion btw, and by definition god doesn't need to be smart, they can turn dust to gold and water to wine anyways), but he has proven he has better knowledge in this field than what we've seen from other coin devs (team, solo or otherwise) throughout 2014.
At this point in time, i personally think of it as the third generation (or forth generation) of cryptocurrency age, trying to profit from short term is impossible anymore, we're in here for the long haul, thanks for your FUD, we've survived it and we will move on.
NEXT~~~~~~~
I really think its time to come out with a proper slogan, no pool is a point, not really a slogan, i imagine visualizing something like water coming up from the ground and from PLAN VIEW you see it spreading in all directions, what's a good slogan for that ? "spreadcoin wave incoming!?"
Lets resume the thread normally, i really don't see much of the FUDDERs' points of argument, sure there are always exceptions in one way or another, but to ensure that these exception can never compromise the network in its entirety is this coin's selling point.
So what if wolf and sp sells optimized miners to a handful of people ? At the very least these 2 are making it known on the main threads and they have actual products, i'd probably can easily go over the miner sites in china and find similiar posts there, are people there selling these 2's miners in a different languange ? are these new miners made by different people with different hashrate increments ? i don't care and i dont mind.
Mr. spread is not God, he can't make everything perfect in spreadcoin alone and without a team (i'm anti-religion btw, and by definition god doesn't need to be smart, they can turn dust to gold and water to wine anyways), but he has proven he has better knowledge in this field than what we've seen from other coin devs (team, solo or otherwise) throughout 2014.
At this point in time, i personally think of it as the third generation (or forth generation) of cryptocurrency age, trying to profit from short term is impossible anymore, we're in here for the long haul, thanks for your FUD, we've survived it and we will move on.
NEXT~~~~~~~
I really think its time to come out with a proper slogan, no pool is a point, not really a slogan, i imagine visualizing something like water coming up from the ground and from PLAN VIEW you see it spreading in all directions, what's a good slogan for that ? "spreadcoin wave incoming!?"
January 30, 2015, 05:30:03 PM
Initial InstantX testing looking good:
...12 Masternode confirmations of the transaction in the time it took for the tooltip to pop up and tell me about it, so maybe a second after it hit my wallet...
...12 Masternode confirmations of the transaction in the time it took for the tooltip to pop up and tell me about it, so maybe a second after it hit my wallet...
January 30, 2015, 05:07:10 PM
I could do some full blown Promotion but I have to wait until some of these features are fully implemented. Alot of my crypto followers were messaging me to find out about the masternodes and I had to tell them it's in development in the testing stage. So we have to wait for the new features before we can actually do any real marketing and PR. as of right now we have nothing to back it up just the testnet testing. I can say hey we got all these new features. Then they come checkout the coin and none of these features are implemented yet. So we lose potential spreadcoiners who would rather wait. It's better to do the PR when the features are actually here and out of the testing phase. Those who believe in Mr.Spread and buy in early will be very happy when those features arrive.
Agree 100%
We have a great foundation, but I don't see any big and sticky value increases until the trim is finished and the landscaping done...
January 30, 2015, 04:50:26 PM
InstantX transactions are working right now on testnet people!
http://spreadcointalk.org/index.php?topic=37.msg908#msg908
Did everyone forget about instant transactions?
Notice that instant transactions are still incomplete:
Which transactions can be made instantly?
Currently these are all transactions with less than 15 inputs and fee of at least 0.001 SPR per input.
Set your fee (Settings -> Options -> Main) to something like 0.01 SPR and then make transaction, e.g. just send money to yourself. Then go to the transactions tab and hold mouse over this transaction, you will see (0 of 6 confirmations, 0 of 7 masternode confirmations). The number of masternode confirmations will update when next block will be mined (in fact it is updated much earlier, it is just that the list of transactions in GUI is updated only each block which makes masternode confirmations rather useless right now).Currently these are all transactions with less than 15 inputs and fee of at least 0.001 SPR per input.
Notice that instant transactions are still incomplete:
What is the state of instant transactions implementation in SpreadCoin?
Most effort was put into developing masternode election/payments mechanism, instant transactions are currenrly not fully implemented. Although masternodes confirm them there is no logic in place to replace unconfirmed transactions with the confirmed ones in the case of double spending attacks and to reject blocks with conflicting transactions.
Most effort was put into developing masternode election/payments mechanism, instant transactions are currenrly not fully implemented. Although masternodes confirm them there is no logic in place to replace unconfirmed transactions with the confirmed ones in the case of double spending attacks and to reject blocks with conflicting transactions.
http://spreadcointalk.org/index.php?topic=37.msg908#msg908
Yeah everybody, join us at spreadcointalk, we are testing an early version of instantx.
(be sure to set your txfee to atleast 0.01 SPR for it to work)
January 30, 2015, 04:49:07 PM
This is where we're at right now:
January 30, 2015, 04:43:10 PM
I could do some full blown Promotion but I have to wait until some of these features are fully implemented. Alot of my crypto followers were messaging me to find out about the masternodes and I had to tell them it's in development in the testing stage. So we have to wait for the new features before we can actually do any real marketing and PR. as of right now we have nothing to back it up just the testnet testing. I can say hey we got all these new features. Then they come checkout the coin and none of these features are implemented yet. So we lose potential spreadcoiners who would rather wait. It's better to do the PR when the features are actually here and out of the testing phase. Those who believe in Mr.Spread and buy in early will be very happy when those features arrive.
Any of the promoting I have been doing for SpreadCoin has always let people know that they are in the testing phase right now but that the testing is going smoothly and I redirect people to this thread to hopefully encourage more people to invest in this coin January 30, 2015, 04:42:56 PM
InstantX transactions are working right now on testnet people!
http://spreadcointalk.org/index.php?topic=37.msg908#msg908
Did everyone forget about instant transactions?
Notice that instant transactions are still incomplete:
Which transactions can be made instantly?
Currently these are all transactions with less than 15 inputs and fee of at least 0.001 SPR per input.
Set your fee (Settings -> Options -> Main) to something like 0.01 SPR and then make transaction, e.g. just send money to yourself. Then go to the transactions tab and hold mouse over this transaction, you will see (0 of 6 confirmations, 0 of 7 masternode confirmations). The number of masternode confirmations will update when next block will be mined (in fact it is updated much earlier, it is just that the list of transactions in GUI is updated only each block which makes masternode confirmations rather useless right now).Currently these are all transactions with less than 15 inputs and fee of at least 0.001 SPR per input.
Notice that instant transactions are still incomplete:
What is the state of instant transactions implementation in SpreadCoin?
Most effort was put into developing masternode election/payments mechanism, instant transactions are currenrly not fully implemented. Although masternodes confirm them there is no logic in place to replace unconfirmed transactions with the confirmed ones in the case of double spending attacks and to reject blocks with conflicting transactions.
Most effort was put into developing masternode election/payments mechanism, instant transactions are currenrly not fully implemented. Although masternodes confirm them there is no logic in place to replace unconfirmed transactions with the confirmed ones in the case of double spending attacks and to reject blocks with conflicting transactions.
http://spreadcointalk.org/index.php?topic=37.msg908#msg908
January 30, 2015, 04:19:30 PM
I have now built a live graph into my program.
This is what the block reward will be in 30 years.
HODL!
This is what the block reward will be in 30 years.
HODL!
January 30, 2015, 03:39:32 PM
I could do some full blown Promotion but I have to wait until some of these features are fully implemented. Alot of my crypto followers were messaging me to find out about the masternodes and I had to tell them it's in development in the testing stage. So we have to wait for the new features before we can actually do any real marketing and PR. as of right now we have nothing to back it up just the testnet testing. I can say hey we got all these new features. Then they come checkout the coin and none of these features are implemented yet. So we lose potential spreadcoiners who would rather wait. It's better to do the PR when the features are actually here and out of the testing phase. Those who believe in Mr.Spread and buy in early will be very happy when those features arrive.
January 30, 2015, 03:18:55 PM
I agree that SpreadCoin should easily be worth $1 a coin and I'm guessing that one day it will be but I still believe that we have to get the word out more and more to other traders and investors that are looking for a solid investment and I can't stress that enough I honestly think that SpreadCoin needs to start a Marketing Crew and PR crew to start SPREADING the word about this coin and informing people on why this coin is a good coin to invest in and that it will be a long term coin that will grow rapidly once the masses realize what an opportunity that this coin is
I honestly think that SpreadCoin needs to start a Marketing Crew and PR crew to start SPREADING the word about this coin and informing people on why this coin is a good coin to invest in and that it will be a long term coin that will grow rapidly once the masses realize what an opportunity that this coin is January 30, 2015, 02:14:04 PM
Hey guys, can someone please confirm that my little program works;
It's gotten to a point where I don't even know what I've done.
blockreward starts at 6.66
I used an app called Codea to do this. If anyone wants the code, here it is:
The only problem is 13 decimals. I'll need to figure out how to round that.
It's gotten to a point where I don't even know what I've done.
blockreward starts at 6.66
Code:
blockreward=blockreward-((halvingblockreward/2)/blockhalving)
I used an app called Codea to do this. If anyone wants the code, here it is:
Code:
-- Spreadcoin Block Counter
-- Use this function to perform your initial setup
function setup()
curblock=0
blocksperday=1440
blockhalving=2102400
blockreward=6.66
halvingblockreward=6.66
totalcoins=0
hour=1
end
function draw()
background(45, 45, 45, 255)
--Each block reward is:
for i = 1,60 do
blockreward=blockreward-((halvingblockreward/2)/blockhalving)
curblock=curblock+1
totalcoins=totalcoins+blockreward
if blockreward < halvingblockreward /2 then
halvingblockreward=halvingblockreward/2
end
end
hour=hour+1
day=hour/24
rtotalcoins=math.floor(totalcoins)
day=math.floor(day)
font("AcademyEngravedLetPlain")
fontSize(70)
fill(241, 0, 255, 255)
text("Spreadcoin Moneysupply Counter", WIDTH/2, HEIGHT/2 + 300)
fontSize(50)
font("HelveticaNeue-Light")
fill(255, 0, 147, 255)
text("Blockreward: "..blockreward, WIDTH/2, HEIGHT/2 + 100)
text("Total Coins: "..rtotalcoins, WIDTH/2, HEIGHT/2)
text("Day: "..day, WIDTH/2, HEIGHT/2-100)
text("Current Block: "..curblock, WIDTH/2, HEIGHT/2-200)
end
-- Use this function to perform your initial setup
function setup()
curblock=0
blocksperday=1440
blockhalving=2102400
blockreward=6.66
halvingblockreward=6.66
totalcoins=0
hour=1
end
function draw()
background(45, 45, 45, 255)
--Each block reward is:
for i = 1,60 do
blockreward=blockreward-((halvingblockreward/2)/blockhalving)
curblock=curblock+1
totalcoins=totalcoins+blockreward
if blockreward < halvingblockreward /2 then
halvingblockreward=halvingblockreward/2
end
end
hour=hour+1
day=hour/24
rtotalcoins=math.floor(totalcoins)
day=math.floor(day)
font("AcademyEngravedLetPlain")
fontSize(70)
fill(241, 0, 255, 255)
text("Spreadcoin Moneysupply Counter", WIDTH/2, HEIGHT/2 + 300)
fontSize(50)
font("HelveticaNeue-Light")
fill(255, 0, 147, 255)
text("Blockreward: "..blockreward, WIDTH/2, HEIGHT/2 + 100)
text("Total Coins: "..rtotalcoins, WIDTH/2, HEIGHT/2)
text("Day: "..day, WIDTH/2, HEIGHT/2-100)
text("Current Block: "..curblock, WIDTH/2, HEIGHT/2-200)
end
The only problem is 13 decimals. I'll need to figure out how to round that.
1 SPR should be at least 1$
January 30, 2015, 02:03:35 PM
Hey guys, can someone please confirm that my little program works;
It's gotten to a point where I don't even know what I've done.
blockreward starts at 6.66
I used an app called Codea to do this. If anyone wants the code, here it is:
The only problem is 13 decimals. I'll need to figure out how to round that.
It's gotten to a point where I don't even know what I've done.
blockreward starts at 6.66
Code:
blockreward=blockreward-((halvingblockreward/2)/blockhalving)
I used an app called Codea to do this. If anyone wants the code, here it is:
Code:
-- Spreadcoin Block Counter
-- Use this function to perform your initial setup
function setup()
curblock=0
blocksperday=1440
blockhalving=2102400
blockreward=6.66
halvingblockreward=6.66
totalcoins=0
hour=1
end
function draw()
background(45, 45, 45, 255)
--Each block reward is:
for i = 1,60 do
blockreward=blockreward-((halvingblockreward/2)/blockhalving)
curblock=curblock+1
totalcoins=totalcoins+blockreward
if blockreward < halvingblockreward /2 then
halvingblockreward=halvingblockreward/2
end
end
hour=hour+1
day=hour/24
rtotalcoins=math.floor(totalcoins)
day=math.floor(day)
font("AcademyEngravedLetPlain")
fontSize(70)
fill(241, 0, 255, 255)
text("Spreadcoin Moneysupply Counter", WIDTH/2, HEIGHT/2 + 300)
fontSize(50)
font("HelveticaNeue-Light")
fill(255, 0, 147, 255)
text("Blockreward: "..blockreward, WIDTH/2, HEIGHT/2 + 100)
text("Total Coins: "..rtotalcoins, WIDTH/2, HEIGHT/2)
text("Day: "..day, WIDTH/2, HEIGHT/2-100)
text("Current Block: "..curblock, WIDTH/2, HEIGHT/2-200)
end
-- Use this function to perform your initial setup
function setup()
curblock=0
blocksperday=1440
blockhalving=2102400
blockreward=6.66
halvingblockreward=6.66
totalcoins=0
hour=1
end
function draw()
background(45, 45, 45, 255)
--Each block reward is:
for i = 1,60 do
blockreward=blockreward-((halvingblockreward/2)/blockhalving)
curblock=curblock+1
totalcoins=totalcoins+blockreward
if blockreward < halvingblockreward /2 then
halvingblockreward=halvingblockreward/2
end
end
hour=hour+1
day=hour/24
rtotalcoins=math.floor(totalcoins)
day=math.floor(day)
font("AcademyEngravedLetPlain")
fontSize(70)
fill(241, 0, 255, 255)
text("Spreadcoin Moneysupply Counter", WIDTH/2, HEIGHT/2 + 300)
fontSize(50)
font("HelveticaNeue-Light")
fill(255, 0, 147, 255)
text("Blockreward: "..blockreward, WIDTH/2, HEIGHT/2 + 100)
text("Total Coins: "..rtotalcoins, WIDTH/2, HEIGHT/2)
text("Day: "..day, WIDTH/2, HEIGHT/2-100)
text("Current Block: "..curblock, WIDTH/2, HEIGHT/2-200)
end
The only problem is 13 decimals. I'll need to figure out how to round that.
January 30, 2015, 01:27:59 PM
Thanks for all the answers guy I really appreciate that because I'm still Noobish to the whole mining scene and don't technically know exactly how people were figuring those numbers out but now I got a grasp on what is going on with that Cheers
Cheers 
January 30, 2015, 01:09:58 PM
So quick question about the price..... If apparently it is costing people around 50k for mining and with the introduction of masternodes people are estimating that the price for mining would then be 71k a coin then why are there still people dumping this coin or suppressing the price? I mean I'm not complaining because that's more and more cheap SpreadCoin for me But I'm just kind of lost as to why people would sell their coins for less than they cost to apparently mine? If someone could maybe shine some light on this for me that would be greatly appreciated Cheers
But I'm just kind of lost as to why people would sell their coins for less than they cost to apparently mine? If someone could maybe shine some light on this for me that would be greatly appreciated CheersWhere are you getting the idea that it costs people 50k sats to mine one SPR?
If you're a miner you can just add up how many coins you mine over a month, and then look at your energy bill to mine those coins.
So 100 SPR mined cost me $20, this would make "your" mining cost $0.20 per SPR.
January 30, 2015, 01:05:12 PM
Where are you getting the idea that it costs people 50k sats to mine one SPR?
These numbers are pulled straight out of my arse but are maybe in the right ballpark:
Average rig of 5 * 750 Ti cards gets you 7.5MH/s @ 300W, and about 2 blocks/day ~12 SPR/day
Electricity @ $0.20 / kW/h (it's probably higher than this in most of W Europe) so 0.3 kW * 24hrs * £0.20 = $1.44/day
12 SPR cost $1.44 to mine so $0.12/SPR which at $230/BTC = 0.00052 BTC per mined SPR.
My arifmatik is terrible though...
Sounds about right too me.
What would the mining cost's be if SPR's hashrate was 8Gh (10% of darkcoins hashrate)?
January 30, 2015, 12:54:04 PM
So quick question about the price..... If apparently it is costing people around 50k for mining and with the introduction of masternodes people are estimating that the price for mining would then be 71k a coin then why are there still people dumping this coin or suppressing the price? I mean I'm not complaining because that's more and more cheap SpreadCoin for me But I'm just kind of lost as to why people would sell their coins for less than they cost to apparently mine? If someone could maybe shine some light on this for me that would be greatly appreciated Cheers
But I'm just kind of lost as to why people would sell their coins for less than they cost to apparently mine? If someone could maybe shine some light on this for me that would be greatly appreciated CheersWhere are you getting the idea that it costs people 50k sats to mine one SPR?
January 30, 2015, 12:53:42 PM
Where are you getting the idea that it costs people 50k sats to mine one SPR?
These numbers are pulled straight out of my arse but are maybe in the right ballpark:
Average rig of 5 * 750 Ti cards gets you 7.5MH/s @ 300W, and about 2 blocks/day ~12 SPR/day
Electricity @ $0.20 / kW/h (it's probably higher than this in most of W Europe) so 0.3 kW * 24hrs * £0.20 = $1.44/day
12 SPR cost $1.44 to mine so $0.12/SPR which at $230/BTC = 0.00052 BTC per mined SPR.
My arifmatik is terrible though...
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