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Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 362. (Read 810099 times)

hero member
Activity: 854
Merit: 1000
Mr. Spread, I mean ZERO disrespect when I ask this and will definitely not push the issue as it's your coin... but would you be open to a name change for Spreadcoin at some point?  One of the biggest arguments against Darkcoin by many is its' name.  Spreadcoin is going to have many of the same features as DRK (and maybe even some improvements by the sounds of it!) BUT in my opinion, "Spreadcoin" isn't the greatest name ever for a coin, especially for a coin I feel can be a top 3-10 market cap coin within a year. Again, I mean no disrespect and if you love the current name, I won't mention it again.  But if you are open to a name change, I think it could bring even more attention to this coin.
hero member
Activity: 854
Merit: 1000
Let's see what happens.
Good to see you over here.  Smiley

Looks like I am going to have some serious competition as I attempt to add to my position.
newbie
Activity: 56
Merit: 0
It's too hard to find a block now  Sad
But I'll keep mining this excellent coin Grin
legendary
Activity: 1708
Merit: 1049
May I post a suggestion here?

Since some DRK features are implemented, and some could be improved upon, the original concept for the Darkcoin masternodes (RC2/RC3 releases) involved a protocol-level enforcement of the masternode payments. The problem with these releases was that there was some kind of bug that triggered sporadic network forking by misbehaving nodes or mining clients. The consensus wasn't working as it should.

In a sense, Darkcoin tried to use a dual consensus for every block: One for the transactions / mining, and one for the masternode payout. This didn't work as planned (there were sporadic forks of the network) and DarkSend development was lagging - so a workaround system was created instead that was "safer" and relieved some of the price speculation (it was the period of the great pump - and all eyes were on DRK news and how something would succeed or fail).

In that payment system (an evolution of which, is the current system of MN payments) the pools decided whether to pay or not in a semi-voluntary scheme. If a pool wanted to cheat payment, they could. The strategy was to shame the pools that "cheated" and it worked to compliance levels of 80-90%. The added threat of "enforcement" where Evan would "flip the switch" to fork off the non-compliant pools was also added as an extra measure. However, in my view, this is not the ideal solution to the problem. Rather, it should be done like it initially was conceived so that misbehaving clients are simply forked by themselves out of the network. No centralization / enforcement switch, no need for asking pools to play nice etc etc.

Perhaps the dev wants to give it a look* and see if he can come up with a system that works and which is free of forking bugs. It could also be implemented by DRK if successful, and it would also give added credibility to SPR itself for improving something in a significant way. The good thing with SPR is that, unlike DRK which is more mature, it can risk multiple hard forks to try things out.

* Perhaps the RC2/RC3 bugged solutions of DRK where there was a voting system in place to decide the MN payments are not the ideal concept for this implementation and another idea can be used altogether.
I think it should be based on the majority of the hashrate. If the majority of the hashrate agrees on masternode payments then others should be forced to accept it even if they don't agree with it and do not create forks. The only way to cheat would be 51% attack but with 51% you can do much worse things anyway.

I'm against introducing any centralization to SpreadCoin. "Hey, this is a decentralized currency but I have a magic switch with which I can turn on and off some major feature". This can be employed to avoid possible issues when introducing new features but not as a long term solution for any problem.

Yes, that's my thoughts on this also. DRK initially went to do it the hashrate way / protocol way, through a voting mechanism where nodes would collect "votes" and then get paid in the next block once their vote count had reached the predetermined limit (6 votes IIRC). But it proved problematic (sporadic forking of the network) in practice and debugging it while in production was attracting all sort of negative attention. Thus it was consequently abandoned in favor of the "spork". So there is definitely room for improvement there.
legendary
Activity: 1330
Merit: 1009
hero member
Activity: 784
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
Don't think too many people are gonna be selling on a gem like this coin unfortunately not for cheap Sad I'm still trying to get some buy orders filled since 4 days ago but if anyone feels generous they can always donate to : SdpQYCKXV8MQeKE6MSCK2J5JZP8sc3bxAA or if anyone needs any work done I would gladly do it for some more SpreadCoin. Smiley Just let the NoobKidOnTheBlock know what needs to be done?

I will be generous and donate you 2 SPR  Grin
Hope this makes you happy, my bagholding wallet won't see market any time soon  Cool

WOW!!! THANKS SO VERY MUCH!!!! Very GENEROUS of you to do that mate Smiley Truly appreciate that and much thanks and praise that they still have some good folks left in CryptoWorld!! Thanks again
And a truly grateful thanks again for the more SpreadCoin folks Smiley I really appreciate that!! Good Strong Community growing here which is awesome for this coin Wink Cheers
hero member
Activity: 784
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
Don't think too many people are gonna be selling on a gem like this coin unfortunately not for cheap Sad I'm still trying to get some buy orders filled since 4 days ago but if anyone feels generous they can always donate to : SdpQYCKXV8MQeKE6MSCK2J5JZP8sc3bxAA or if anyone needs any work done I would gladly do it for some more SpreadCoin. Smiley Just let the NoobKidOnTheBlock know what needs to be done?

I will be generous and donate you 2 SPR  Grin
Hope this makes you happy, my bagholding wallet won't see market any time soon  Cool

WOW!!! THANKS SO VERY MUCH!!!! Very GENEROUS of you to do that mate Smiley Truly appreciate that and much thanks and praise that they still have some good folks left in CryptoWorld!! Thanks again
newbie
Activity: 39
Merit: 0
Hey guys, is there any miner that does more than 1500kH/s with 750ti??
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
We should all go on IRC. Lots of us are online.
newbie
Activity: 39
Merit: 0
Don't think too many people are gonna be selling on a gem like this coin unfortunately not for cheap Sad I'm still trying to get some buy orders filled since 4 days ago but if anyone feels generous they can always donate to : SdpQYCKXV8MQeKE6MSCK2J5JZP8sc3bxAA or if anyone needs any work done I would gladly do it for some more SpreadCoin. Smiley Just let the NoobKidOnTheBlock know what needs to be done?

I will be generous and donate you 2 SPR  Grin
Hope this makes you happy, my bagholding wallet won't see market any time soon  Cool
legendary
Activity: 1456
Merit: 1000
Let's see what happens.
legendary
Activity: 1456
Merit: 1000
Is there any Spreadcoin Wallet that works on a gnu/linux terminal ?

Thanks! Smiley

You can grab the source (link in OP) and build the daemon same as any other bitcoin-derived coin:

cd src/
make -f makefile.unix
...wait a few mins...
./spreadcoind or ./spreadcoind help if you're unfamiliar with the standard commands

Dependency info etc. in /doc/build-unix.md

I thought my screen needed cleaning when I saw your sig  Grin

How many of these bad boys can I mine in 24hrs with an AMD R9 290?

Cheers.

Well after me boring the tits off everyone about the utter uselessness of pooled mining in the Darkcoin thread for months, when I stumbled on Spreadcoin which does exactly what I have been arguing Darkcoin should do, it would have been hypocritical not to take a modest position and support SPR. Having seen Mr Spread behave honestly, openly and competently as the developer was icing on the cake.

Then I learned that SPR was based on the DRK codebase. So I extended my position somewhat.

Then Mr Spread decided to implement some advanced DRK features... so I - well, you can guess. Grin

Your 290 should get you a handful of blocks a week...

So, running 20 R9's, using GB power costs, would mean it is cheaper to buy 10k SPR then mine them over a 4 week period?
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
haha, i talked about this... good luck with a 300k miner on a 2.5G network...  Grin
And it's roughly 1 SPR per day. It has little sense with pools or without them. SPR blocks are generated pretty fast, every minute. So somebody with 1/1000 of net hashrate still can get the block about every 2/3 of the day. And even with 1/10000 it's every 7 days. When (if) price will go up, mining will be even harder, sure. But I like the idea that only dedicated miners will mine SPR, without switching on it for quick profit.

Idea of 'poolless' mining is good for coin security, even if it is not easy for miners. And honestly, I think sooner or later there will be workaround, there are some ideas ITT how to do it. But Mr. Spread is a good programmer and very good person. I think SPR will have a bright future.

If there's ever a workaround that doesn't get instantly fixed, SPR will tank in value as it becomes just another short lived short term BTC/fiat hose for the ADD instadumpers, ie. 99.99% of all miners.
I can't see any major dumping going on anytime soon though because what's the reward a block right now? 6.6 SPR or something like that? This is a hold till the price is very right to be dumped as far as I'm concerned but that's just my opinion.  I also believe in Mr. Spread taking any actions necessary to improve and continue to develop SpreadCoin into the amazing coin I believe that it will Wink Cheers


Most dumping  happened months before cex on the other 2 small exchanges.That's why the dumping is weak now.

You strong hand bastards!!! Have some compassion and sell sell sell! Tongue


Don't think too many people are gonna be selling on a gem like this coin unfortunately not for cheap Sad I'm still trying to get some buy orders filled since 4 days ago but if anyone feels generous they can always donate to : SdpQYCKXV8MQeKE6MSCK2J5JZP8sc3bxAA or if anyone needs any work done I would gladly do it for some more SpreadCoin. Smiley Just let the NoobKidOnTheBlock know what needs to be done?
I've got a job for you. Buy some spreadcoins. Hey look now you have some coins! Smiley
hero member
Activity: 784
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
haha, i talked about this... good luck with a 300k miner on a 2.5G network...  Grin
And it's roughly 1 SPR per day. It has little sense with pools or without them. SPR blocks are generated pretty fast, every minute. So somebody with 1/1000 of net hashrate still can get the block about every 2/3 of the day. And even with 1/10000 it's every 7 days. When (if) price will go up, mining will be even harder, sure. But I like the idea that only dedicated miners will mine SPR, without switching on it for quick profit.

Idea of 'poolless' mining is good for coin security, even if it is not easy for miners. And honestly, I think sooner or later there will be workaround, there are some ideas ITT how to do it. But Mr. Spread is a good programmer and very good person. I think SPR will have a bright future.

If there's ever a workaround that doesn't get instantly fixed, SPR will tank in value as it becomes just another short lived short term BTC/fiat hose for the ADD instadumpers, ie. 99.99% of all miners.
I can't see any major dumping going on anytime soon though because what's the reward a block right now? 6.6 SPR or something like that? This is a hold till the price is very right to be dumped as far as I'm concerned but that's just my opinion.  I also believe in Mr. Spread taking any actions necessary to improve and continue to develop SpreadCoin into the amazing coin I believe that it will Wink Cheers


Most dumping  happened months before cex on the other 2 small exchanges.That's why the dumping is weak now.

You strong hand bastards!!! Have some compassion and sell sell sell! Tongue


Don't think too many people are gonna be selling on a gem like this coin unfortunately not for cheap Sad I'm still trying to get some buy orders filled since 4 days ago but if anyone feels generous they can always donate to : SdpQYCKXV8MQeKE6MSCK2J5JZP8sc3bxAA or if anyone needs any work done I would gladly do it for some more SpreadCoin. Smiley Just let the NoobKidOnTheBlock know what needs to be done?
legendary
Activity: 966
Merit: 1000
Is there any Spreadcoin Wallet that works on a gnu/linux terminal ?

Thanks! Smiley

You can grab the source (link in OP) and build the daemon same as any other bitcoin-derived coin:

cd src/
make -f makefile.unix
...wait a few mins...
./spreadcoind or ./spreadcoind help if you're unfamiliar with the standard commands

Dependency info etc. in /doc/build-unix.md

I thought my screen needed cleaning when I saw your sig  Grin

How many of these bad boys can I mine in 24hrs with an AMD R9 290?

Cheers.

Well after me boring the tits off everyone about the utter uselessness of pooled mining in the Darkcoin thread for months, when I stumbled on Spreadcoin which does exactly what I have been arguing Darkcoin should do, it would have been hypocritical not to take a modest position and support SPR. Having seen Mr Spread behave honestly, openly and competently as the developer was icing on the cake.

Then I learned that SPR was based on the DRK codebase. So I extended my position somewhat.

Then Mr Spread decided to implement some advanced DRK features... so I - well, you can guess. Grin

Your 290 should get you a handful of blocks a week...
full member
Activity: 210
Merit: 100
May I post a suggestion here?

Since some DRK features are implemented, and some could be improved upon, the original concept for the Darkcoin masternodes (RC2/RC3 releases) involved a protocol-level enforcement of the masternode payments. The problem with these releases was that there was some kind of bug that triggered sporadic network forking by misbehaving nodes or mining clients. The consensus wasn't working as it should.

In a sense, Darkcoin tried to use a dual consensus for every block: One for the transactions / mining, and one for the masternode payout. This didn't work as planned (there were sporadic forks of the network) and DarkSend development was lagging - so a workaround system was created instead that was "safer" and relieved some of the price speculation (it was the period of the great pump - and all eyes were on DRK news and how something would succeed or fail).

In that payment system (an evolution of which, is the current system of MN payments) the pools decided whether to pay or not in a semi-voluntary scheme. If a pool wanted to cheat payment, they could. The strategy was to shame the pools that "cheated" and it worked to compliance levels of 80-90%. The added threat of "enforcement" where Evan would "flip the switch" to fork off the non-compliant pools was also added as an extra measure. However, in my view, this is not the ideal solution to the problem. Rather, it should be done like it initially was conceived so that misbehaving clients are simply forked by themselves out of the network. No centralization / enforcement switch, no need for asking pools to play nice etc etc.

Perhaps the dev wants to give it a look* and see if he can come up with a system that works and which is free of forking bugs. It could also be implemented by DRK if successful, and it would also give added credibility to SPR itself for improving something in a significant way. The good thing with SPR is that, unlike DRK which is more mature, it can risk multiple hard forks to try things out.

* Perhaps the RC2/RC3 bugged solutions of DRK where there was a voting system in place to decide the MN payments are not the ideal concept for this implementation and another idea can be used altogether.
I think it should be based on the majority of the hashrate. If the majority of the hashrate agrees on masternode payments then others should be forced to accept it even if they don't agree with it and do not create forks. The only way to cheat would be 51% attack but with 51% you can do much worse things anyway.

I'm against introducing any centralization to SpreadCoin. "Hey, this is a decentralized currency but I have a magic switch with which I can turn on and off some major feature". This can be employed to avoid possible issues when introducing new features but not as a long term solution for any problem.
legendary
Activity: 1456
Merit: 1000
Response from Bittrex:
Quote
We gauge demand based off of tweets, hash power, length of bitcointalk thread, volume on other exchanges, etc. Follow us on twitter @bittrexexchange and tweet about how much you like this coin and Bittrex. We respond to creative and insightful posts to help market your favorite coins and Bittrex. I'd also consider coming to our irc channel #bittrex on irc.freenode.net and do some guerrilla marketing. The traders there can help you gain exposure for your coin.
Wow, I got the exact same response. It's funny that we contacted them at the same time.

Better off trying to get on Poloniex, BTER and/or Cryptsy.

polo

they had a pretty big stake on xmr doing well, and must be feeling it atm.
legendary
Activity: 1456
Merit: 1000
Is there any Spreadcoin Wallet that works on a gnu/linux terminal ?

Thanks! Smiley

You can grab the source (link in OP) and build the daemon same as any other bitcoin-derived coin:

cd src/
make -f makefile.unix
...wait a few mins...
./spreadcoind or ./spreadcoind help if you're unfamiliar with the standard commands

Dependency info etc. in /doc/build-unix.md

I thought my screen needed cleaning when I saw your sig  Grin

How many of these bad boys can I mine in 24hrs with an AMD R9 290?

Cheers.
member
Activity: 78
Merit: 10
Darkcoin Ya Bish! (Or Dash if you like)
haha, i talked about this... good luck with a 300k miner on a 2.5G network...  Grin
And it's roughly 1 SPR per day. It has little sense with pools or without them. SPR blocks are generated pretty fast, every minute. So somebody with 1/1000 of net hashrate still can get the block about every 2/3 of the day. And even with 1/10000 it's every 7 days. When (if) price will go up, mining will be even harder, sure. But I like the idea that only dedicated miners will mine SPR, without switching on it for quick profit.

Idea of 'poolless' mining is good for coin security, even if it is not easy for miners. And honestly, I think sooner or later there will be workaround, there are some ideas ITT how to do it. But Mr. Spread is a good programmer and very good person. I think SPR will have a bright future.

If there's ever a workaround that doesn't get instantly fixed, SPR will tank in value as it becomes just another short lived short term BTC/fiat hose for the ADD instadumpers, ie. 99.99% of all miners.
I can't see any major dumping going on anytime soon though because what's the reward a block right now? 6.6 SPR or something like that? This is a hold till the price is very right to be dumped as far as I'm concerned but that's just my opinion.  I also believe in Mr. Spread taking any actions necessary to improve and continue to develop SpreadCoin into the amazing coin I believe that it will Wink Cheers


Most dumping  happened months before cex on the other 2 small exchanges.That's why the dumping is weak now.

You strong hand bastards!!! Have some compassion and sell sell sell! Tongue

hero member
Activity: 518
Merit: 500
Response from Bittrex:
Quote
We gauge demand based off of tweets, hash power, length of bitcointalk thread, volume on other exchanges, etc. Follow us on twitter @bittrexexchange and tweet about how much you like this coin and Bittrex. We respond to creative and insightful posts to help market your favorite coins and Bittrex. I'd also consider coming to our irc channel #bittrex on irc.freenode.net and do some guerrilla marketing. The traders there can help you gain exposure for your coin.
Wow, I got the exact same response. It's funny that we contacted them at the same time.

Better off trying to get on Poloniex, BTER and/or Cryptsy.
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