Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 42. (Read 810096 times)
April 06, 2015, 10:19:52 AM
So what can we establish SPR is specifically designed for? We all know that "no pools" did not work out. So what should be our main selling point? Unless the devs are planning MN any day we will be late to the game and left in the dust. Coins101 has posted many great ideas about hosting applications on these servicenodes. I would like to understand the direction of SPR. How will we know when the coin is a success?
April 06, 2015, 08:37:43 AM
I'll inject this write-up by Peter Todd from March 2013 just so's everyone's aware that the opportunity has already been clearly identified:
Cheers
Graham
Quote
At the protocol level a contract is just some data that can be hashed. What that data actually represents is undefined, but will presumably be some sort of promise like "I will not spam on foo-wiki" or "I will run this banking service honestly" or even a conventional bond such as "This tx output is eligable for interest from Foo Bank for issue $some_bond"
Of course, here we are assuming the contracts have a value, denoted in some amount of Bitcoins, and thus trading them on the blockchain is desirable, so we will tie the hash of the contract to specially formatted Bitcoin transactions. Note that this is not a new idea; Mike Hearn, jgarzik and others on the forums developed much of the ground work with various "smartcoin" and "colored coin" concepts that this proposal builds upon.
Off-chain transactions
Having said that a contract does not have to be traded on the blockchain: one perfectly valid contract would be "The Bank of Foo will keep authoritive records of all further contracts related to this portion of the bond." and in that circumstance all further contract trading would be done off-chain, guaranteed by The Bank of Foo. This construct would be appropriate for low-value contracts, such as online forum anti-spam pledges, where minimum transaction fees interfere with the granularity of the contract value desired.
The actual data representing contract movement will still be valid Bitcoin transactions, however their existence will be guaranteed by some trusted centralized ledger service rather than the distributed blockchain. Note how this means that modulo transaction hash mutability the transactions can be eventually put into the blockchain proper if appropriate fees are paid.
A future extension using this concept may, as an example, find it convenient to add a field to the MerkleBitcoinTx with the identity of some trusted ledger to be consulted.
Of course, here we are assuming the contracts have a value, denoted in some amount of Bitcoins, and thus trading them on the blockchain is desirable, so we will tie the hash of the contract to specially formatted Bitcoin transactions. Note that this is not a new idea; Mike Hearn, jgarzik and others on the forums developed much of the ground work with various "smartcoin" and "colored coin" concepts that this proposal builds upon.
Off-chain transactions
Having said that a contract does not have to be traded on the blockchain: one perfectly valid contract would be "The Bank of Foo will keep authoritive records of all further contracts related to this portion of the bond." and in that circumstance all further contract trading would be done off-chain, guaranteed by The Bank of Foo. This construct would be appropriate for low-value contracts, such as online forum anti-spam pledges, where minimum transaction fees interfere with the granularity of the contract value desired.
The actual data representing contract movement will still be valid Bitcoin transactions, however their existence will be guaranteed by some trusted centralized ledger service rather than the distributed blockchain. Note how this means that modulo transaction hash mutability the transactions can be eventually put into the blockchain proper if appropriate fees are paid.
A future extension using this concept may, as an example, find it convenient to add a field to the MerkleBitcoinTx with the identity of some trusted ledger to be consulted.
Cheers
Graham
April 06, 2015, 08:32:53 AM
-snip-
Props to you guys continuing.. What was happening was very good. but of course under troll funded attacks and denial of dark union.. and of course the unfortunate claim pools wouldnt work.. (ocminer is a God and cant hold his findings against him) I could guess that Mr. Spread just said Fuck off. Seemed like he was a dude like me doing a part time passion. Hopefully his code can live on. truly was brilliant beginnings. had a blast on test net.. Sorry havent followed since OC crushed the no pools thing. Then heard he left. Laughed at all the troll and shill shit. But really wasnt funny i guess. Good coders should have like a fuckin sidewalk in vegas they dip their keyboards into the cement. lol Mr. Spread. If youre there. These guys still love ya and me too. I love beautiful code. (-;
Props to you guys continuing.. What was happening was very good. but of course under troll funded attacks and denial of dark union.. and of course the unfortunate claim pools wouldnt work.. (ocminer is a God and cant hold his findings against him) I could guess that Mr. Spread just said Fuck off. Seemed like he was a dude like me doing a part time passion. Hopefully his code can live on. truly was brilliant beginnings. had a blast on test net.. Sorry havent followed since OC crushed the no pools thing. Then heard he left. Laughed at all the troll and shill shit. But really wasnt funny i guess. Good coders should have like a fuckin sidewalk in vegas they dip their keyboards into the cement. lol Mr. Spread. If youre there. These guys still love ya and me too. I love beautiful code. (-;
We need you for some testing, or anything else you fancy getting involved with......this team is looking stronger every day. Grab some or extra SPR that's still going cheap and get involved.
April 06, 2015, 07:52:49 AM
-snip-
Please join me in the discussion about DRAFT for new ANN thread / Website
http://spreadcointalk.org/index.php?topic=557.0
Please join me in the discussion about DRAFT for new ANN thread / Website
http://spreadcointalk.org/index.php?topic=557.0
Can I contribute here?
I've always been a fan of bumping the thread
Please do!
I am jumping back and forth between the forums anyway.
PS Bumping this thread will soon have to stop once the new thread arrives.
April 06, 2015, 07:29:48 AM
-snip-
Please join me in the discussion about DRAFT for new ANN thread / Website
http://spreadcointalk.org/index.php?topic=557.0
Please join me in the discussion about DRAFT for new ANN thread / Website
http://spreadcointalk.org/index.php?topic=557.0
Can I contribute here?
I've always been a fan of bumping the thread
April 06, 2015, 05:58:54 AM
Awesome progress!
April 06, 2015, 05:54:32 AM
But I think this emphasizes the risk with focusing just on the currency aspect of crypto, and why exchanges will want to expand their offerings:
It's also a blatantly slanted view. No, users would not typically recognise a description of themselves as ideological decentralization advocates but they're very concerned about the possibility of bail-ins which, one could argue, amounts to the same thing.
I note the weasel words: “decently” (a version of the “no true Scotsman” informal logical fallacy) and “1st world” (wow, that betokens a 1980s mentality if anything does). Without a more precise phrasing of the conditions circumscribing the context, the assertion is robbed of any significant semantics. If the rest of his thinking is infected with similar logical fallacies and anachronisms, the project's in deep trouble.
And he's over-stating the case, if you want a far more level-headed assessment of the opportunities, have a read of “A Cynic’s Guide To Fintech: Several business models that are bound to fail — and a few that might have” (https://medium.com/bull-market/a-cynic-s-guide-to-fintech-3cd0995e0da3).
Example insight: “Apple Pay ought to have been a huge wakeup call to the banks not because it was a brand new way of making payments, but because it was basically the only fully satisfactory implementation of an existing industry standard”
I should point out, the journey ends in pretty much the same place (expanded offerings) but without the hindering baggage of logical fallacies and a quaintly archaic worldview.
Cheers
Graham
April 06, 2015, 04:16:50 AM
Did you miss something? No, not yet
But I think this emphasizes the risk with focusing just on the currency aspect of crypto, and why exchanges will want to expand their offerings:
You do need crypto to be underpinned by something. That something can be useful and cost effective services running off servicenodes. That's what I was pushing for in DASH back in the summer of 2014.
But I think this emphasizes the risk with focusing just on the currency aspect of crypto, and why exchanges will want to expand their offerings:
You do need crypto to be underpinned by something. That something can be useful and cost effective services running off servicenodes. That's what I was pushing for in DASH back in the summer of 2014.
Suppose this lil slide show could be taken out of context.. but aint this the dude that took all the altcoin money out of trading.. to give to a german company and then not produce in the timeframe he said he would while coins like nxt.. bitbay.. uhh maidsafe etc etc.. are all either doing it or being completed by hardcore developers without millions in funding? Coding eating mr. noodles?
Sorry maybe just another skinny brilliant dev and not ethereum.. lol
Course read almost everything they got.. and couldnt get a clear picture.. prolly just like them.. Hey. Give me a million bux. doing good with silkcoin on 25k lol
And where the fuck is mr. spread anyways? That guys code gave me a boner. I miss you Mr Spread.
Props to you guys continuing.. What was happening was very good. but of course under troll funded attacks and denial of dark union.. and of course the unfortunate claim pools wouldnt work.. (ocminer is a God and cant hold his findings against him) I could guess that Mr. Spread just said Fuck off. Seemed like he was a dude like me doing a part time passion. Hopefully his code can live on. truly was brilliant beginnings. had a blast on test net.. Sorry havent followed since OC crushed the no pools thing. Then heard he left. Laughed at all the troll and shill shit. But really wasnt funny i guess. Good coders should have like a fuckin sidewalk in vegas they dip their keyboards into the cement. lol Mr. Spread. If youre there. These guys still love ya and me too. I love beautiful code. (-;
April 06, 2015, 04:05:17 AM
Devs
Georgem
gjhiggins
elbandi
Gladimor (TBC)
A-Russo
MrSpread (MIA)
Technical & Occasional
e1ghtSpace
chrysophylax
Chup
thelonecrouton
Support and project development contributors
Minerpage
njs811
defunctec
Coins101
AnotherNode
MyFarm (MIA)
Let me know if you want to be added, removed, re-allocated from the above.
Others: Private pools / mining
etc....
tl;dr
Spread to the moon ($10m)
Georgem
gjhiggins
elbandi
Gladimor (TBC)
A-Russo
MrSpread (MIA)
Technical & Occasional
e1ghtSpace
chrysophylax
Chup
thelonecrouton
Support and project development contributors
Minerpage
njs811
defunctec
Coins101
AnotherNode
MyFarm (MIA)
Let me know if you want to be added, removed, re-allocated from the above.
Others: Private pools / mining
etc....
tl;dr
Spread to the moon ($10m)
Sorry guys I have been away a few days with family... so I missed all the good stuff here.
Awesome work everybody.
I like how it all comes together...
Please join me in the discussion about DRAFT for new ANN thread / Website
http://spreadcointalk.org/index.php?topic=557.0
April 05, 2015, 07:26:37 PM
Did you miss something? No, not yet
But I think this emphasizes the risk with focusing just on the currency aspect of crypto, and why exchanges will want to expand their offerings:
You do need crypto to be underpinned by something. That something can be useful and cost effective services running off servicenodes. That's what I was pushing for in DASH back in the summer of 2014.
But I think this emphasizes the risk with focusing just on the currency aspect of crypto, and why exchanges will want to expand their offerings:
You do need crypto to be underpinned by something. That something can be useful and cost effective services running off servicenodes. That's what I was pushing for in DASH back in the summer of 2014.
Lets just host Minecraft and call it good.
April 05, 2015, 05:40:14 PM
Hey guys, the price just went up to 5k with a little buy support and now the market cap is 26k.
http://coinmarketcap.com/currencies/spreadcoin/
I just wish my signature payment came a little faster.
I accidentially dropped a $20 note the other day (and it wasn't even mine). You know, when you find money on the ground you don't really think about how sad the other person who lost it feels.
http://coinmarketcap.com/currencies/spreadcoin/
I just wish my signature payment came a little faster.
I accidentially dropped a $20 note the other day (and it wasn't even mine). You know, when you find money on the ground you don't really think about how sad the other person who lost it feels.
April 05, 2015, 05:30:36 PM
Did you miss something? No, not yet
But I think this emphasizes the risk with focusing just on the currency aspect of crypto, and why exchanges will want to expand their offerings:
You do need crypto to be underpinned by something. That something can be useful and cost effective services running off servicenodes. That's what I was pushing for in DASH back in the summer of 2014.
But I think this emphasizes the risk with focusing just on the currency aspect of crypto, and why exchanges will want to expand their offerings:
You do need crypto to be underpinned by something. That something can be useful and cost effective services running off servicenodes. That's what I was pushing for in DASH back in the summer of 2014.
April 05, 2015, 05:14:14 PM
....
* Regular updates initiated for various reasons, including to help with discussions with Cryptsy
...
tl;dr
Spread to the moon ($10m)
* Regular updates initiated for various reasons, including to help with discussions with Cryptsy
...
tl;dr
Spread to the moon ($10m)
April 05, 2015, 05:13:14 PM
For those concerned about price growth potential, SpreadCoin is amongst one of the coins that have one of the best chance to explode in value (500%+ in a matter of days). Reason? Low supply on exchanges. Literally 15 BTC will bring SPR to 60K sats- fifteen times the current price of 4k sats.
April 05, 2015, 04:57:23 PM
Devs
Georgem
gjhiggins
elbandi
Gladimor (TBC)
A-Russo
MrSpread (MIA)
Technical & Occasional
e1ghtSpace
chrysophylax
Chup
thelonecrouton
Support and project development contributors
Minerpage
njs811
defunctec
Coins101
AnotherNode
MyFarm (MIA)
Let me know if you want to be added, removed, re-allocated from the above.
Others: Private pools / mining
Ocminer - https://bitcointalksearch.org/topic/m.10921076
nonce-pool
Optimized miner (fees apply) - WolfO https://bitcointalksearch.org/user/wolf0-80740
Updates of note
* Defining the high level vision for servicenodes - https://bitcointalksearch.org/topic/m.10971161
* New wallets, 32 bit compiled from github and update provided by Georgem here - https://bitcointalksearch.org/topic/m.10949986
* New ANN thread & website - update on progress by Georgem here https://bitcointalksearch.org/topic/m.10953553
* A-russo new website and Spreadcoin heartbeat web app - spreadcoin.us
* A-russo twitter campaign - give away report https://bitcointalksearch.org/topic/m.10961049
* A-russo, defunctec, Coins101 - reviewing new twitter campaign and give aways. ~1000 SPR funding provided.
* Minerpage, researching other projects to ensure initial servicenode apps meet demand needs, improve on what is available, spot gaps in the market and highlighting mistakes to avoid (actual projects being reviewed done through PMs)
* New active project members to be announced when they are ready ~ end April / May
* Spread general business overview, including SWOT analysis, survey of apps to start working on, research on value of target markets for commercial applications - work in progress https://bitcointalksearch.org/topic/m.10656234
* Discussions with other projects - devs to consider the approaches that have been made. Possible feedback at end of April.
* njs811, Coins101 to write up PR articles to co-ordinate around release of new ANN and website. List of media outlets and journalist contacts obtained.
* Coins101 - potential tax efficient framework for investors to invest in development of servicenode apps identified. Review of how investors can obtain commercial benefits while working with open source software underway. https://bitcointalksearch.org/topic/m.10979766
* Regular updates initiated for various reasons, including to help with discussions with Cryptsy
Something needs fixing? post or PM.
tl;dr
Spread to the moon ($10m)
Georgem
gjhiggins
elbandi
Gladimor (TBC)
A-Russo
MrSpread (MIA)
Technical & Occasional
e1ghtSpace
chrysophylax
Chup
thelonecrouton
Support and project development contributors
Minerpage
njs811
defunctec
Coins101
AnotherNode
MyFarm (MIA)
Let me know if you want to be added, removed, re-allocated from the above.
Others: Private pools / mining
Ocminer - https://bitcointalksearch.org/topic/m.10921076
nonce-pool
Optimized miner (fees apply) - WolfO https://bitcointalksearch.org/user/wolf0-80740
Updates of note
* Defining the high level vision for servicenodes - https://bitcointalksearch.org/topic/m.10971161
* New wallets, 32 bit compiled from github and update provided by Georgem here - https://bitcointalksearch.org/topic/m.10949986
* New ANN thread & website - update on progress by Georgem here https://bitcointalksearch.org/topic/m.10953553
* A-russo new website and Spreadcoin heartbeat web app - spreadcoin.us
* A-russo twitter campaign - give away report https://bitcointalksearch.org/topic/m.10961049
* A-russo, defunctec, Coins101 - reviewing new twitter campaign and give aways. ~1000 SPR funding provided.
* Minerpage, researching other projects to ensure initial servicenode apps meet demand needs, improve on what is available, spot gaps in the market and highlighting mistakes to avoid (actual projects being reviewed done through PMs)
* New active project members to be announced when they are ready ~ end April / May
* Spread general business overview, including SWOT analysis, survey of apps to start working on, research on value of target markets for commercial applications - work in progress https://bitcointalksearch.org/topic/m.10656234
* Discussions with other projects - devs to consider the approaches that have been made. Possible feedback at end of April.
* njs811, Coins101 to write up PR articles to co-ordinate around release of new ANN and website. List of media outlets and journalist contacts obtained.
* Coins101 - potential tax efficient framework for investors to invest in development of servicenode apps identified. Review of how investors can obtain commercial benefits while working with open source software underway. https://bitcointalksearch.org/topic/m.10979766
* Regular updates initiated for various reasons, including to help with discussions with Cryptsy
Something needs fixing? post or PM.
tl;dr
Spread to the moon ($10m)
Nice
I have been mining for a week or so now. Its currently cheaper to buy than mine. So I have been doing both.
$10m? Happy if it gets to $4m. That would make the current mined coins ROI my SPR rigs
April 05, 2015, 04:51:00 PM
Also developer bios would give faith to the coin
idk how they feel about it, but maybe even wallet addresses.
idk how they feel about it, but maybe even wallet addresses.
There probably will be a few people queasy with giving their wallet addys away; I'm sure at least a few people don't like when their investments/holdings are under intense scrutinization
I wouldn't blame them for that. Simply something for the devs to think about.
Transparency sells.
April 05, 2015, 04:41:11 PM
Also developer bios would give faith to the coin
idk how they feel about it, but maybe even wallet addresses.
idk how they feel about it, but maybe even wallet addresses.
There probably will be a few people queasy with giving their wallet addys away; I'm sure at least a few people don't like when their investments/holdings are under intense scrutinization
April 05, 2015, 04:23:31 PM
Also developer bios would give faith to the coin
idk how they feel about it, but maybe even wallet addresses.
idk how they feel about it, but maybe even wallet addresses.
April 05, 2015, 04:17:20 PM
-snip-
Nice
I'm willing to work on the dev team for community management and marketing. I just need to be accepted by you guys onto the team
EDIT: Also capable of creating 3D logos, infographics, and other graphics related things. An example of my work can be found in my profile picture
Nice
I'm willing to work on the dev team for community management and marketing. I just need to be accepted by you guys onto the team
EDIT: Also capable of creating 3D logos, infographics, and other graphics related things. An example of my work can be found in my profile picture
That's pretty sweet.
Infographics for a roadmap and also for an easy guide to servicenode apps / app store would be great. Let's see what everyone else thinks. Georgem has some great skills in that area too:
With a solid team, we can get to $10m easy. At these price levels, that could make a ton for those contributing
Everyone is bouncing around looking for that next big project. Well, this is the memo: this is that next big project.
I hope that when the new Ann is created we can transfer these ideas over to it. I have never seen a coin with so much contribution to the idea pool. I really wish we could push the new Ann out so that we can start adding to it.
+1 for a new ANN. If georgem could PM me a date when the new ANN will be made, I'd be glad to contribute a few graphics to the ANN, by that specified date.
EDIT: As new investors visit the current ANN, they are welcomed by broken links and un-updated information. I think we should get a new ANN asap
We should include a roadmap as well. Developers names, overall goal, is there any intention to stop pow?, good links, market projections, etc. Any other input on new Ann?
April 05, 2015, 04:04:55 PM
-snip-
Nice
I'm willing to work on the dev team for community management and marketing. I just need to be accepted by you guys onto the team
EDIT: Also capable of creating 3D logos, infographics, and other graphics related things. An example of my work can be found in my profile picture
Nice
I'm willing to work on the dev team for community management and marketing. I just need to be accepted by you guys onto the team
EDIT: Also capable of creating 3D logos, infographics, and other graphics related things. An example of my work can be found in my profile picture
That's pretty sweet.
Infographics for a roadmap and also for an easy guide to servicenode apps / app store would be great. Let's see what everyone else thinks. Georgem has some great skills in that area too:
With a solid team, we can get to $10m easy. At these price levels, that could make a ton for those contributing
Everyone is bouncing around looking for that next big project. Well, this is the memo: this is that next big project.
I hope that when the new Ann is created we can transfer these ideas over to it. I have never seen a coin with so much contribution to the idea pool. I really wish we could push the new Ann out so that we can start adding to it.
+1 for a new ANN. If georgem could PM me a date when the new ANN will be made, I'd be glad to contribute a few graphics to the ANN, by that specified date.
EDIT: As new investors visit the current ANN, they are welcomed by broken links and un-updated information. I think we should get a new ANN asap
+1
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