Spreadcoin

MyFarm

New Member
Jan 24, 2015
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I was led to believe that the Spreadcoin masternodes would be based upon Darkcoin masternodes. Looks like he rewrote it from scratch though. Sorry for the misinformation.
 

moli

Grizzled Member
Aug 5, 2014
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What i got so far is that he is storing the masternode votes in the blockchain - something Darkcoin has done 8 month ago and led to the RC3 fork, as the votes are not deterministic and two blocks can be solved at almost the same time.

https://darkcointalk.org/threads/6-20-rc3-post-mortem.1463/

Curious how he will solve this problem, which haunted Evan for weeks and finally was solved by not storing the votes in the chain.

Code:
In SpreadCoin all votes for masternodes will be stored in blocks and the payee will be uniquely determined from previous blocks. Just like you can check that any transaction included in the block is correct by comparing its inputs with outputs in previous blocks you will be able to check that masternode payment is correct by checking previous blocks.
Flare, what's a deterministic vote? I'm still trying to understand this. Thanks.
 

illodin

Member
Apr 26, 2014
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You can obviously have a pool, but any miner who founds a block can just keep it to himself, but still get percentage of blocks found by others - therefor the GTO play is to cheat as long as the pool is operational. Or did I understand it wrong?
 

Sub-Ether

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Mar 31, 2014
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Flare, what's a deterministic vote? I'm still trying to understand this. Thanks.
Deterministic means its not random-is an ordered queue if all the requirements are fulfilled and its your turn as a masternode to get paid. (I think, Flare will explain much better, lol).
 
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Sub-Ether

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Mar 31, 2014
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You can obviously have a pool, but any miner who founds a block can just keep it to himself, but still get percentage of blocks found by others - therefor the GTO play is to cheat as long as the pool is operational. Or did I understand it wrong?
Sounds like the perfect pool, where do I sign up?
 
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stonehedge

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Foundation Member
Jul 31, 2014
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Speadcoin dev has gone missing. I think its nearly ten days since last seen or heard on forums or github. Firstly, I hope he's ok. Secondly....wtf?!
 
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Sub-Ether

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1) denial,
2) doubt, uncertainty,
3) shouting and bitching
4) coming to terms
5) acceptance

or something along those lines. Although could be a good time to buy a load of spreadcoin, Head office might after all, be stuck in a 30 mile traffic jam in Beijing on the way to the airport along with 100 million other people !
http://coinmarketcap.com/currencies/spreadcoin/
 

stonehedge

Well-known Member
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Jul 31, 2014
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1) denial,
2) doubt, uncertainty,
3) shouting and bitching
4) coming to terms
5) acceptance

or something along those lines. Although could be a good time to buy a load of spreadcoin, Head office might after all, be stuck in a 30 mile traffic jam in Beijing on the way to the airport along with 100 million other people !
http://coinmarketcap.com/currencies/spreadcoin/
The entire sellside of their orderbook on Bittrex is less than 3BTC...knock yourself out. Any coin is a bargain at $0.035
 

moli

Grizzled Member
Aug 5, 2014
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I think it's all in the plan. It doesn't make much sense if the dev only moved his coins and didn't sell his SPR before disappearing. I think it's all in the plan he and his group of manipulators are planning for a dump and pump.
 

tungfa

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Masternode Owner/Operator
Apr 9, 2014
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I think he is on a holiday at the farm !
wasn't there a postcard recently in the mailbox ?
 
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moli

Grizzled Member
Aug 5, 2014
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I think he is on a holiday at the farm !
wasn't there a postcard recently in the mailbox ?
LOL... But it's freezin winter right now!

Actually, georgem said Mr.Spread is a very cryptic person... And he did leave this message for his fan boys:
"KYDAEYTWZKGIPOTLOTDPFYUKRYJOPJHIWPTPSRAIJSFYNDROKKRMPEJDEZMCJIGSKJIM"

:D
 
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tungfa

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Apr 9, 2014
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LOL... But it's freezin winter right now!

Actually, georgem said Mr.Spread is a very cryptic person... And he did leave this message for his fan boys:
"KYDAEYTWZKGIPOTLOTDPFYUKRYJOPJHIWPTPSRAIJSFYNDROKKRMPEJDEZMCJIGSKJIM"

:D
sorry i can NOT engage in this 'fun' any further
as ether
- the thread will get shut down
or
- i will get my 1st ban warning (out of 3)
;)
 

yidakee

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Apr 16, 2014
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e1ghtSpace

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Jan 22, 2015
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e1ghtSpace

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Jan 22, 2015
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Brisbane, Australia
Well I just sold 2/3rds of my stash. I don't think much will happen with Spreadcoin anymore. How sad. And to think back to the grand plan Mr. Spread had laid out. I really wonder who he was.