[ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 45.

coins101

legendary

Activity: 1456

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Quote from: georgem on April 02, 2015, 02:00:17 PM

So if someone asks:

"What is a servicenode?"

What would be the most up-to-date answer to that?

I am still struggling to find a good definition.

Like an Apple App store or Google Play store, but anyone can run their own App store

georgem

legendary

Activity: 1484

Merit: 1007

spreadcoin.info

So if someone asks:

"What is a servicenode?"

What would be the most up-to-date answer to that?

I am still struggling to find a good definition.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: chrysophylax on April 02, 2015, 10:50:59 AM

....

lets just say servicenodes were to be implemented ... how do you envision it with regards to the functionality and 'plugability' to openbazaar? ...

#crysx

I have no idea Grin

Let's take a punt.

If you are running an Open Bazaar shop, I take it you need to be running it off your local machine.

Run it off a ServiceNode and you can be anywhere in the world and still operate your business; get a third party service to do daily back-ups and otherwise make your new shop fully operational on the cloud - the internet of things even if all you are doing is selling second hand (but washed) condoms.

Add to that service providers that provide Tor and other cloak and dagger services and your little business can be kept operational without the wife every finding out (read, no pre nup required if your business takes off).

Looking at some of the details of the Open Bazaar project, they haven't actually figured out how to operate a decentralised escrow service, so that there is a reason to put both apps onto ServiceNodes.

But as the dog pic says, I have no idea what I'm doing.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: a-russo on April 02, 2015, 11:26:33 AM

Spreadcoin Giveaway Report / Proof:

http://spreadcoin.us/giveaway_report.php

Cool.

What's your addy? I said I would do the next 100 (I can't quire remember what the amount was, though Grin

)

a-russo

newbie

Activity: 31

Merit: 0

Spreadcoin Giveaway Report / Proof:

http://spreadcoin.us/giveaway_report.php

chrysophylax

legendary

Activity: 2870

Merit: 1091

--- ChainWorks Industries ---

Quote from: coins101 on April 01, 2015, 08:53:46 PM

OpenBazaar project moved on by a team to beta stage

https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-200-understanding-openbazaar?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheDailyBitcoinShow+%28Let%27s+Talk+Bitcoin+Network+Feed%29

Sounds interesting and some interesting overlap with ServiceNodes, as well as some common areas

https://github.com/tokenly?page=1

have been 'watching' openbazaar for quite a while and its been progressing quite well ...

the implementation of it is not as easy as it first seems and the setup is even more complex - but the structure of the 'system' and the way it works seems straight forward enough and quite stable ...

lets just say servicenodes were to be implemented ... how do you envision it with regards to the functionality and 'plugability' to openbazaar? ...

#crysx

coins101

legendary

Activity: 1456

Merit: 1000

OpenBazaar project moved on by a team to beta stage

https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-200-understanding-openbazaar?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheDailyBitcoinShow+%28Let%27s+Talk+Bitcoin+Network+Feed%29

Sounds interesting and some interesting overlap with ServiceNodes, as well as some common areas

https://github.com/tokenly?page=1

njs811

sr. member

Activity: 406

Merit: 250

Quote from: e1ghtSpace on April 01, 2015, 08:26:13 PM

Quote from: thevictimofuktyranny on April 01, 2015, 08:24:54 PM

Page ---404---- of this thread Shocked

I'm surprised no-one did a funny comment:

SPREADCOIN ERROR NOT FOUND

Cheesy

Didn't I just do that?

Yes but you forgot jazz hands.
*Edit:

e1ghtSpace

legendary

Activity: 1526

Merit: 1001

Crypto since 2014

Quote from: thevictimofuktyranny on April 01, 2015, 08:24:54 PM

Page ---404---- of this thread Shocked

I'm surprised no-one did a funny comment:

SPREADCOIN ERROR NOT FOUND

Cheesy

Didn't I just do that?

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

Page ---404---- of this thread Shocked

I'm surprised no-one did a funny comment:

SPREADCOIN ERROR NOT FOUND

Cheesy

e1ghtSpace

legendary

Activity: 1526

Merit: 1001

Crypto since 2014

404 Page Not Found.

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njs811

sr. member

Activity: 406

Merit: 250

Quote from: coins101 on April 01, 2015, 06:48:31 PM

Looks like Spread can raise up to £150k or $222k provided the money is not used for:

"...financial activities such as banking, insurance, money-lending, debt-factoring, hire-purchase financing or any other financial activities"

I take this to mean developing ServiceNode software to run applications is ok, raising money to invest in the currency is not ok.

https://www.gov.uk/seed-enterprise-investment-scheme-how-companies-qualify

Each application that runs on servicenodes can be its own commercial operation, I will seek to get this clarified by the tax authorities. That means that if several businesses develop applications to run on servicenodes, and they do it for profit, then each business can separately raise very tax efficient $222k of seed money.

So the backbone of servicenodes can raise $222k. If there are five apps in development by separate commercial teams, that means quite an investment potential in the wider decentralised network (lots of teams working in their own right, but indirectly contributing to the growth of the project).

If overall the teams raise $1m, the financial risk to investors, in particular those who pay higher rate tax, is less than $200k. Not bad risk vs. reward parameters.

This is where a good vpn comes in handy.

coins101

legendary

Activity: 1456

Merit: 1000

Looks like Spread can raise up to £150k or $222k provided the money is not used for:

"...financial activities such as banking, insurance, money-lending, debt-factoring, hire-purchase financing or any other financial activities"

I take this to mean developing ServiceNode software to run applications is ok, raising money to invest in the currency is not ok.

https://www.gov.uk/seed-enterprise-investment-scheme-how-companies-qualify

Each application that runs on servicenodes can be its own commercial operation, I will seek to get this clarified by the tax authorities. That means that if several businesses develop applications to run on servicenodes, and they do it for profit, then each business can separately raise very tax efficient $222k of seed money.

So the backbone of servicenodes can raise $222k. If there are five apps in development by separate commercial teams, that means quite an investment potential in the wider decentralised network (lots of teams working in their own right, but indirectly contributing to the growth of the project).

If overall the teams raise $1m, the financial risk to investors, in particular those who pay higher rate tax, is less than $200k. Not bad risk vs. reward parameters.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: coins101 on March 31, 2015, 08:08:08 PM

I've spent a few days looking at how to invest in crypto and get tax benefits that make the investment very worthwhile.

I'm nearly done. I won't be making the details public. If you want to know more, please PM.

Bump

Also, at some point I will be writing to HMRC (UK tax authorities) to get an indicative view of whether SEIS can be used to raise funding for Spread. The application will specifically exclude any reference to using funds for developing Spread the currency.

The approach will be on raising funding for developing ServiceNode applications.

If investors or the businesses they invest in choose to use their funds to buy Spread for marketing or give-aways, then that is up to them.

georgem

legendary

Activity: 1484

Merit: 1007

spreadcoin.info

Quote from: coins101 on April 01, 2015, 02:26:02 PM

Actually, if you are going to enable porn, ....

The user should decide for himself if he wants to run in NSFW mode or not.

But then again, the user himself shouldn't be surprised about the results that a search query for "deepthroat milf" will spit out.

So in a way all the NSFW policies of for example tumblr are a joke, because it requires all people to participate and behave, but ofcourse you will always find a guy who tags an insanely NSFW pic with "flowers, summer, sunshine".

Therefor an algorithmic solution will be lightyears more advanced than anything that requires contentproviders to do a good enough tagging job.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: georgem on April 01, 2015, 02:28:24 PM

....

It would certainly be fun to implement and test such a system, and it wouldn't be that hard.
Maybe even combine it with some kind of reputation system, that gives users with high reputation more "gravitas" when they decide to flag something.

But I doubt that this will be enough to handle criminal outliers...

BTW: All those decentralized apps should work with a network wide user system.
Users should be invited (or even required) to own a wallet and SPR address so that they can upload/view and comment whatever is served by servicenodes WITHIN THE WALLET.
The user account can be reused for all services / apps that will ever come out.

I like they way you think Wink

Maybe use the Google model of auctioning off a listing system, tied to a reputation system.

georgem

legendary

Activity: 1484

Merit: 1007

spreadcoin.info

Quote from: coins101 on April 01, 2015, 02:26:02 PM

People aren't going to have nodes where they pay to stream video for free, are they?

If they do, reputation system gets them kicked off the network. Two tiers of reputation system, one for having a compliant node and second other nodes flagging inappropriate content.

Actually, if you are going to enable porn, then I wouldn't mind seeing porn stars owning nodes and getting gambling firms to sponsor them. We could then go to the annual ServiceNode Porn Awards, paid for by PornPoker.me

Absolutely, no problem with porn here, in the contrary.

I personally don't even have a problem with any digital file (may it contain childporn or copyrighted material)... because I dont think that owning a file makes you a criminal.
What is truly criminal is the creation of such despicable material like childporn. Not the possession.

That's how it would be handled in a truly free world.

But unfortunately we live in a world where government agencies are working hard to make all our liberties and privacy dissappear so that we can all feel save and secure, while the opposite is going to happen.
(for example we do have today the insane possibility that someone can simply plant some childporn on your computer and frame you as a criminal. Because simple possession makes you a criminal.)

georgem

legendary

Activity: 1484

Merit: 1007

spreadcoin.info

Quote from: njs811 on April 01, 2015, 02:16:22 PM

Quote from: georgem on April 01, 2015, 02:08:31 PM

Quote from: coins101 on April 01, 2015, 10:58:45 AM

ServiceNodes offer a way to create value through decentralised applications.

The big gorilla in the room is, how will servicenodes handle illicit / illegal material?

Suppose we have a decentralized app running on 2000 servicenodes that serves as a video-sharing alternative to youtube,
what if one of the users (or servicenode owner) decides to share some childporn?

If the service is truly decentralized then this illegal material will spread over most (or all) of the servicenodes probably without the servicenode owners even knowing that they have (fragmented or complete) childporn on their server.

So how does the community (users and/or servicenode owners) make it so that this illicit video is deleted as fast as possible network-wide, or can't even be uploaded in the first place?

A few options:

a) simple flagging mechanism (if enough users flag the publicly findable material it will be erased automatically by the system)
b) let the poor servicenode owner police every single upload and decide everytime if the material is acceptable or not.
c) create some form of sophisticated porn recognition algorithms that are able to recognize both nudity/sex and the age of participants

Hm, let's look at those options a little closer:

a) can obviously be abused, because how do we even know if a single user is really a single human being, and not just a bunch of bots.
Also, since the material is available for some period of time this will unleash the expected shit storm coming from governments etc...

b) would be hell on earth for servicenode owners and nobody would want to run such a dangerous filesharing app anyway

c) seems like the only viable solution, but is also outside of the technological possibilities of today... or is it? Wink

--------------
Another similar problem is ofcourse copyrighted material. And it would require a similar solution.

I think a simple flagging system would work. Once you reach a certain percentage of downvotes then the video is automatically removed. If YouTube did that it would clear up tons of space on their servers.

It would certainly be fun to implement and test such a system, and it wouldn't be that hard.
Maybe even combine it with some kind of reputation system, that gives users with high reputation more "gravitas" when they decide to flag something.

But I doubt that this will be enough to handle criminal outliers...

BTW: All those decentralized apps should work with a network wide user system.
Users should be invited (or even required) to own a wallet and SPR address so that they can upload/view and comment whatever is served by servicenodes WITHIN THE WALLET.
The user account can be reused for all services / apps that will ever come out.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: njs811 on April 01, 2015, 02:16:22 PM

Quote from: georgem on April 01, 2015, 02:08:31 PM

Quote from: coins101 on April 01, 2015, 10:58:45 AM

ServiceNodes offer a way to create value through decentralised applications.

The big gorilla in the room is, how will servicenodes handle illicit / illegal material?

Suppose we have a decentralized app running on 2000 servicenodes that serves as a video-sharing alternative to youtube,
what if one of the users (or servicenode owner) decides to share some childporn?

If the service is truly decentralized then this illegal material will spread over most (or all) of the servicenodes probably without the servicenode owners even knowing that they have (fragmented or complete) childporn on their server.

So how does the community (users and/or servicenode owners) make it so that this illicit video is deleted as fast as possible network-wide, or can't even be uploaded in the first place?

A few options:

a) simple flagging mechanism (if enough users flag the publicly findable material it will be erased automatically by the system)
b) let the poor servicenode owner police every single upload and decide everytime if the material is acceptable or not.
c) create some form of sophisticated porn recognition algorithms that are able to recognize both nudity/sex and the age of participants

Hm, let's look at those options a little closer:

a) can obviously be abused, because how do we even know if a single user is really a single human being, and not just a bunch of bots.
Also, since the material is available for some period of time this will unleash the expected shit storm coming from governments etc...

b) would be hell on earth for servicenode owners and nobody would want to run such a dangerous filesharing app anyway

c) seems like the only viable solution, but is also outside of the technological possibilities of today... or is it? Wink

--------------
Another similar problem is ofcourse copyrighted material. And it would require a similar solution.

I think a simple flagging system would work. Once you reach a certain percentage of downvotes then the video is automatically removed. If YouTube did that it would clear up tons of space on their servers.

People aren't going to have nodes where they pay to stream video for free, are they?

If they do, reputation system gets them kicked off the network. Two tiers of reputation system, one for having a compliant node and second other nodes flagging inappropriate content.

Actually, if you are going to enable porn, then I wouldn't mind seeing porn stars owning nodes and getting gambling firms to sponsor them. We could then go to the annual ServiceNode Porn Awards, paid for by PornPoker.me

njs811

sr. member

Activity: 406

Merit: 250

Quote from: georgem on April 01, 2015, 02:08:31 PM

Quote from: coins101 on April 01, 2015, 10:58:45 AM

ServiceNodes offer a way to create value through decentralised applications.

The big gorilla in the room is, how will servicenodes handle illicit / illegal material?

Suppose we have a decentralized app running on 2000 servicenodes that serves as a video-sharing alternative to youtube,
what if one of the users (or servicenode owner) decides to share some childporn?

If the service is truly decentralized then this illegal material will spread over most (or all) of the servicenodes probably without the servicenode owners even knowing that they have (fragmented or complete) childporn on their server.

So how does the community (users and/or servicenode owners) make it so that this illicit video is deleted as fast as possible network-wide, or can't even be uploaded in the first place?

A few options:

a) simple flagging mechanism (if enough users flag the publicly findable material it will be erased automatically by the system)
b) let the poor servicenode owner police every single upload and decide everytime if the material is acceptable or not.
c) create some form of sophisticated porn recognition algorithms that are able to recognize both nudity/sex and the age of participants

Hm, let's look at those options a little closer:

a) can obviously be abused, because how do we even know if a single user is really a single human being, and not just a bunch of bots.
Also, since the material is available for some period of time this will unleash the expected shit storm coming from governments etc...

b) would be hell on earth for servicenode owners and nobody would want to run such a dangerous filesharing app anyway

c) seems like the only viable solution, but is also outside of the technological possibilities of today... or is it? Wink

--------------
Another similar problem is ofcourse copyrighted material. And it would require a similar solution.

I think a simple flagging system would work. Once you reach a certain percentage of downvotes then the video is automatically removed. If YouTube did that it would clear up tons of space on their servers.

Topic: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes - page 45. (Read 810076 times)