Ok, I like some of there wallet design features. Will keep a copy of their repository just in case they decide to vanish some day https://github.com/vertoe/spreadcoin ;-)
Spreadcoin
- Thread starter acidburn
- Start date
I like seeing the network hash rate in the wallet in particular I don't know why but I find it really reassuring for some reason!
Spreadcoin is the first fairly organised Darkcoin clone with a seemingly good dev. I think it would be remiss of the official Darkcoin team and Darkcoin community not to keep abreast of their progress and plans for the future. Not least of all because if they come up with anything better than ours, we can reuse it. It is also an interesting experiment in decentralised mining.
Someone seriously needs to make SpreadcoinDark for shits and giggles.
Hey I was wondering what you were doing with spreadcoin and thought you lost your mind.. lol.. Good to see you back!
I downloaded the Spreadcoin wallet, and yes I admit, I do like seeing their network hash rate on the wallet. Also, it's interesting to see how this mining with no pools is going to play out. To me it seems the irony of all this "decentralized mining" is their coins are only in the hands of a few, and their current mining is in the hands of big farms? Think of how their masternodes will be in the control of only a few, so much for decentralization!
I'm sure our dev team and community are watching to see what MrSpread is up to. Wouldn't be surprised to see him disappear one day after cashing out his bag.
Perfectly said.
Although they are still talking about 1000SPR for a masternode...thats about 0.4BTC! This means that the entry point for a masternode will be very low.
I'd post on their thread and ask if it was possible to see a rich list or whether they plan to create an API for their blockchain explorer but I'd feel like a troll.
Sc8KwkyfNev6JgXQN5vxP8P9f9Kz6rVdec has mined 3,200 SPR in 13 days.
I reckon it should be fairly easy to rent a rig at miningrigrentals.com and proxy it somehow to solo mine SPR.
I reckon it should be fairly easy to rent a rig at miningrigrentals.com and proxy it somehow to solo mine SPR.
It seems so appealing to get a cheap masternode with spreadcoin, if you missed the Darkcoin train for cheap DRK Masternodes, but it's like shopping in a "Dollar Store" (or thrift store if you're not Americans ), or buying a faked Prada handbag, you guys know what I'm talking about...
), or buying a faked Prada handbag, you guys know what I'm talking about... After seeing this thread here, I took the time to read the Spreadcoin thread and evaluate their devs code. It is very clean, intelligent, advanced code. He is certainly legit.
I get the feeling that they're going to head in a direction other than anonymity with masternodes which has me curious. As I already have a lot of DRK masternodes, I'm buying some SPR as I figure at this price, I might as well get additional use out of all these VPS.
It may crash and burn but at this point I figure it's a low risk high potential reward situation.
I get the feeling that they're going to head in a direction other than anonymity with masternodes which has me curious. As I already have a lot of DRK masternodes, I'm buying some SPR as I figure at this price, I might as well get additional use out of all these VPS.
It may crash and burn but at this point I figure it's a low risk high potential reward situation.
I have no doubt that the dev is legit. Its the lack of public vision that worries me.
I am also not convinced that their mining model will work although time will tell and that can also be changed with a hardfork.
And here is the DRK distribution after a year. Not much better and you know damn well tons of those addresses sent thousands away to be masternodes.
Can't have sent too many coins into masternodes...there are only 1,700 masternodes! Obviously these people (or exchanges etc) don't have a need for masternode income
They have MN now?Can't have sent too many coins into masternodes...there are only 1,700 masternodes! Obviously these people (or exchanges etc) don't have a need for masternode income
I was talking about Darkcoin bagholders not setting up many masternodes.
Spreadcoin intend to deploy masternodes in about a month or so I think. 1000SPR (0.4BTC) is being touted as the likely collateral.
If anyone wants free Spreadcoin someone is giving it away --- https://bitcointalk.org/index.php?topic=715435.msg9984010#msg9984010
I'm very interested to see how their mining structure works out. By banning pools I think they have actually massively centralised mining by making it only viable for people with large farms to "solo mine". What point is there me pointing 2Mh at Spreadcoin if I can just go to an exchange and buy a few thousand for 1BTC?
In any case, I look forward to seeing a graphical representation of their mining distribution. They are conducting an interesting experiment.
In any case, I look forward to seeing a graphical representation of their mining distribution. They are conducting an interesting experiment.
Anyone have thoughts on this?
https://bitcointalk.org/index.php?topic=421615.msg10076778#msg10076778
https://bitcointalk.org/index.php?topic=421615.msg10076778#msg10076778
IMHO this opens the possibility that three letter agencies (or any other party with large stack) can disable any masternode not run by them.
Darkcoin masternode network was designed with the opposite in mind: Anyone with 1000DRK can run a masternode, which prevents
a) sybil attacks
b) network takeover
From economical point of view the SPR approach might be charming, but DRK was not designed to be a financial asset, but anonymous eCash.
Last edited by a moderator:
.... and that is why I am here .... tx for the translations flare ...>>
Propulsion
The buck stops here.
- Feb 26, 2014
- 1,008
- 468
- 183
- Dash Address
- XerHCGryyfZttUc6mnuRY3FNJzU1Jm9u5L
Not sure the extra '.5' of algo is going to cut it, my 'Amplifier' already goes upto 11 and thats plenty loud enough already.
Seriously though, you need large exchanges and user adoption for a coin to work and the way I see it,direct fiat sites such as bittylicious are not going to keep adding new coins forever, they are going to decide on maybe 10 or 20 and then say enough is enough and we will only support the current coins (although cryptsy is obvious exception to this rule of thumb).
Generally though it will get harder and harder to get on a decent exchange as more coins mean more maintenance, imagine having to update cryptsy's wallets everyday lol, one wonders what would be the next coin to be added to bitfinex for example, if any..
Seriously though, you need large exchanges and user adoption for a coin to work and the way I see it,direct fiat sites such as bittylicious are not going to keep adding new coins forever, they are going to decide on maybe 10 or 20 and then say enough is enough and we will only support the current coins (although cryptsy is obvious exception to this rule of thumb).
Generally though it will get harder and harder to get on a decent exchange as more coins mean more maintenance, imagine having to update cryptsy's wallets everyday lol, one wonders what would be the next coin to be added to bitfinex for example, if any..