Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 366. (Read 810079 times)

is this the reason they maybe "blocked" withdrawals of this coin?

i dont like it... i invest then i see my coins in air...

Mr. Spread, C-CEX gives me privkey. Can you solve my problem? How much will it cost?

As there is less members who come on irc usually

i bought 140 spr to stash it somewhere ...  http://prntscr.com/5hj44a

bought @ ccex, did withdrawal 20 min ago... still not showing in wallet...

is this common for ccex? (1st time on this exchange)

edit: nice to see my guys from DRK thread here

edit2: im mining around 10MH/s in last 4-5h but still not mine any block... wierd

Pretty deep insight into DRK advantage and disvantage,valuble advice ,hope SPR can create sth better.

Are you serious?  One of the best features of this coin is that there are no pools. 

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.

Yes, you are mining. You will see new coins in your wallet if you will mine a block, they will appear as "mined".

(Your hashrate / net hashrate)*9K ~~ what you can mine in 24 hour.

How can i see if i found a block?

Make a decision by yourself,but I don't think SPR will let you down from the historical trading data in the past 3 months.
you can check it.

Hi!
How can i see, that i have found a block? And am i hashing right now?
http://abload.de/img/amihashing9dpey.png

More important,multipools can kill any coin when they are still young.No pool is abosolutely the central essensence of decentranlization.

What for? Read the white paper: pools can have their coins stolen by the miners, so it would be useless. (AFAIK there is a theoretical way of avoiding this, but not feasible with current technology)

I could tel that  SPR is a community coin led by the execellet Dev --Mr.spread.

Is no one tried to make pool

Mostly. There are contributions from Palmdetroit and gjhiggins. girino helped with the AMD GPU miner.

Are you the only Dev working on this project?

Yeah its pretty hard to see the FUD from the trees nowadays.  I've seen a chat transcript and thats hardly something that is unforgeable!

It might be quirky and slow but since Mintpal V1 died I've found cryptsy to be the best.  There are plenty of smaller exchanges with good interfaces but just not enough volume for some coins.  Cex.io for example.

Yeah,I've also heard someone said that,but it's just a wild guess without any solid proof.
Bter is still a secure exchange with decent trading volumn at present.