Spreadcoin
- Thread starter acidburn
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The spreadcoin dev seems to be a "real" developer (not usual these days) as he discovered a bug in the darkcoin source code.
Not understanding his intentions, but wish him good luck with his coin. I hope one day he likes to work for the darkcoin core ;-)
Not understanding his intentions, but wish him good luck with his coin. I hope one day he likes to work for the darkcoin core ;-)
Don't you think this coin can take DRK's thunder? MrSpread said,
https://bitcointalk.org/index.php?topic=715435.msg9905742#msg9905742
No. He is forking an old code base. While he is working on getting his own coin to rise, we will have something new in the pipe. Stay tuned for the next major release.
This sounds like you know something we don't. I was wondering where did those big buys come from
I didnt check the markets recently. I'm talking about the new modern wallet which will be tested soon.This sounds like you know something we don't. I was wondering where did those big buys come from
Looks like more and more darkcoiners are supporting Spreadcoin in their thread. I don't mind you guys invested but I think you forgot what they are up to? Implementing masternodes and instantX! Spreadcoin will be our competition very soon and some of you got really involved in their community. Where do you think a lot of money will flow from? It won't be new investors, it will be people selling DRK to invest in SPR. How can you be a darkcoin supporter while supporting a rival coin?
I question Mr Spread's motives. Getting masternodes to this stage has been an incredible amount of work for Evan and everyone else and the updates to github are breath taking so I have to ask whats in it for him and why now?
Q1) What does Mr Anonymous have to gain from setting up instant TX and wallet masternodes?
A1) i) early mining making him a large bag holder ready to dump at the right moment
ii) employed and paid by a competing coin or government in order to take darkcoin out before it gains too much acceptance
Q2) Why is 'he' recently anonymous, the account was registered in July 2014, but he quotes bitcointalk from 2011?
A2) i) has recently trawled through the millions of pages from the early days making him a very fast reader and learner
ii) was actually there during the heady period under a different user name and has a strong reason for hiding identity
Q1) What does Mr Anonymous have to gain from setting up instant TX and wallet masternodes?
A1) i) early mining making him a large bag holder ready to dump at the right moment
ii) employed and paid by a competing coin or government in order to take darkcoin out before it gains too much acceptance
Q2) Why is 'he' recently anonymous, the account was registered in July 2014, but he quotes bitcointalk from 2011?
A2) i) has recently trawled through the millions of pages from the early days making him a very fast reader and learner
ii) was actually there during the heady period under a different user name and has a strong reason for hiding identity
They said they don't want Darksend, just InstantX, because it is easier to implement.
After Darkcoin's success it might be easier now for a clone to setup a few hundred nodes or even 1000. The price now is 0.00048 so a masternode is not very expensive. People might invest in cheaper, spreadcoin masternodes, especially when their dev is promissing InstantX. That is why I think they will be our rivals in the near future.
I honestly doubt we've got much to worry over. At the minute it's all promises which have yet to be delivered. He certainly understands his code and he seems to know what he's talking about and doing
Has Evan thought about asking him to join the dev team?
Has Evan thought about asking him to join the dev team?
- Apr 8, 2014
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Nope, Not invested a lot... Thrown in 30 drk to see what happens. I count it has a loss but we'll just have to see. In all honestly I'm wanting them to merge together and drk take on the developer.
- Apr 8, 2014
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Aha so that was the scope, ok... only time will tell, but without the army of MNs their IX will not work I suppose.
Won't that be quite easy to achieve when the price of the coin is so low ? Looking at the thread, are MNs due next month?
Yes. Some of these guys have 50-100k spreadcoins so they can set it up. And buying a node is cheap at the moment. So I guess they can reach 1000 very quickly.
- Apr 8, 2014
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indeed with these prices it is very possible, the question is if they will have market volume and will be noticed by the market, darkcoin was noticed and still is noticed as the most innovating altcoin.
the problem is that once MN are active - if it gets that way - they could be a massive demand for the coin but since it's not on big exchanges I doubt it'll get noticed. Therefore leaving their MJ network controlled by a good select few. This is far from ideal. That's were I think dark wins.
It does worry me that Evan can put all this effort in and someone else can come along, tweak a few things and start a new coin ... Whilst happily ripping off Evans hard work!!
It's not about cloning. It's about darkcoin team members supporting it all the way in SPR thread.
- Apr 8, 2014
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So what? Everybody can support as many coins as they want to.
I dont see much future for SPR but if others do? Why bother?
I would welcome more partnerships and less competition. If spreadcoin creates innovation, we can adapt, the same way as spread adapts our innovation. Sharing innovation is a good thing. Stop fighting each others.
I dont see much future for SPR but if others do? Why bother?
I would welcome more partnerships and less competition. If spreadcoin creates innovation, we can adapt, the same way as spread adapts our innovation. Sharing innovation is a good thing. Stop fighting each others.
I totally agree. Since spread is a clone of dark... Whatever innovations spread produces can easily be ported in drk and vice versa
I am one of the Darkcoiners posting on their thread. So far, after six attempts, the dev has not directly addressed any questions about the future plans for Spreadcoin which sets alarm bells ringing for me. I think you might find that some of the Darkcoin supporters over there are testing the waters and seeing what is really going on there. For me, there seems to be a confusing amount of blind cheerleading and lack of substance.
Their latest announcement is that Mr Spread has found a way to eliminate a non existent centralisation problem i.e removing the need for the reference nodes which is something that as far as I'm aware, Evan et al has under control already anyway.
The is a choke hold on supply, its not possible to buy much more than 0.5BTC without driving the price up by 50% and the bagholders seem unwilling to let any go.
Finally, by getting rid of pools they have actually managed to freeze many people out of the mining game. It is no longer viable to solo mine SPR unless you have a large farm.
Something does't hang together with SPR. I particularly find the awkward collaboration with Evan to be weird. I personally would not worry.
Anyway, this isn't a Spreadcoin forum. I just wanted to hint that maybe some of the darkcoin supporters over there are sleuthing rather than bag filling.
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What's so special about SpreadX11? Why is it technical not possible to pool the mining power? Did they remove the rpc calls from the wallet?
Someone create a p2pool or something or explain me why it's not possible ;-)
A Spreadcoin supporter made a claim that a 400Mh farm tried to mine for 4 hours and didn't find any blocks. When asked how they know this there was no reply. In any case, the whitepaper and subsequent conversations on their thread state that blocks mined by pools are distributed amongst legitimate solo miners which is contradictory.
Personally, I'd love to have a crack at setting a pool up on there but I really don't think its worth the time or effort, IMHO.
For the record, since posting interest in buying a bag of SPR I have received some quite vitriolic PMs from SPR supporters telling me to go back to Darkcoin. This is what I shall be doing. I've got enough to be getting on with over here