Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SpreadCoin | Decentralize Everything (official thread)
by
coins101
on 24/01/2016, 12:26:00 UTC
...

Let me get this right. By the 7th (latest) i will be able to test a service node on testnet?

If so will they have decentralised block ex?

IMO, I don't think exact dates matter now, but it does look like testing will begin in Feb.  

Georgem has given a reasonable time window, but the more important announcements that haven't been factored and which should give this community huge confidence is that Georgem says this is going to be a full time effort and he will likely do a video update.

Back in May 2015, there were discussions about a p2p exchange. That was based around creating some form of anonymous accounts hosted by serivcenodes to create a decentralised form of Coinbase.

A few months ago Evan over at Dash began releasing details about Evolution which we now know has some similar ideas.

... they love and envy the technology so much they wanna steal it and start "DASH Classic" LOL. Good luck, losers Wink

Just for future reference, some of the good stuff in evolution was discussed elsewhere in a reasonably similar context, before the evolution paper.



https://docs.google.com/presentation/d/19djUkzO04BhgKrh4VURFC55bI8zvo8qspSmWhJPuXrY/edit#slide=id.p

Not wishing to diminish the work being done on Evolution, though. Not in the least.

It's all good. And it's all Open Source.

What would be really interesting is to find a way to create a bridge between two crypto currencies using the serivcenodes / masternodes.  This is like currency transfers in the real world and would open up a path over the next 10-20 years for nations to adopt crpto as a mechanism to digitally transact their national fiat currencies - although that opens up problems with regulations  that might be difficult to resolve in the immediate future.

Still the Evolution work is likely to take between 12 months to 24 months and that is the timing for getting 3000 to 5000 bitcoin nodes on the network, so a few weeks to wait for testing is no big deal when the size of the prize is a decentralised Coinbase and PayPal, with an ability to exchange value with bitcoin, Dash, SPR, ETH, etc.

Crypto has never been so exciting as its about to get.