If he's such a great dev, why hasn't he contributed to Darkcoin? He could easily pull the DRK branch and make "improvements" and if they really are that great, Evan would merge them into the master branch. Evan has been adding numerous people to the team so if the contributions were meaningful, I don't see why he wouldn't consider adding him...

You have a coin with essentially no volume and god knows what sort of distribution (didn't look into it) implementing masternodes and darksend--ok, so it would appear there will be very few owners of masternodes and anyone doing a ds tx on centralized nodes is asking for trouble. How is that worth while? Marketing wise, no one is going to use a coin named spread.

At this point, why try to compete? There needs to be massive consolidation in the space and any worthwhile devs should be joining teams with coins in the top 25 altcoin space. The no pools aspect sounds appealing but I haven't read much further on the subject. I just don't see the point, although I suppose it was only a matter of time before someone took the open source code and tried implementing it.

he did.

and he called it
-x11
-dgw
-masternode
-darksend
-instantX

and he will continue to do so.

welcome to the dark side.


//since your changed your original post, let me add this:
"hääää? We need a medic in here. Someone´s brain just stopped."

I've begun investing in Spreadcoin as the dev appears to be above average and I invest in devs first and foremost.

While I understand your perspective, there's nothing wrong with good developers setting off on their own and working to innovate.  One thing business executives tend to struggle with is letting good developers go.  I always counsel them to let them go in a very positive light and if they think highly enough of the developer, to even offer to invest in the startup.  

The top 25 altcoins are relatively expensive.  I suspect the top 10 altcoins five years from now will be there because of a combination of innovation and strategic acquisition of other altcoins.  I was very pleased to see Evan thinking this way with Shadowcash though how that was done was... rather amateur (no offense intended Evan, I think highly of you).  

Rather than thinking of these altcoins as competitors and creating bad blood, I would strongly suggest this community begin to look at them as potential acquisition targets or business allies.  The weak coins will die off on their own over time.  The strong ones?  Those are the ones you want to do business with in one way or another.

Plenty of people have said and continue to say exactly the same thing about Darkcoin.

More devs working on the Darkcoin codebase, more users and supporters of the Masternode model = a good thing. It's not like Darkcoin's $20 million market cap has saturated the global market...

And Spreadcoin gets rid of the parasites. Miners actually secure the blockchain, instead of pooling together to do the opposite.
 

I have a suspicion about what is going on, and I don't think it's anything fundamental to the coin. Rather, I think it is due to a couple of events that should dissipate selling pressure in a few weeks.

1) We had around 1100 masternodes just weeks ago, and that generated an expected return for MN owners with which the market was happy
2) Many of the largest holders of DRK were sitting on the sidelines. I don't know why... either because managing hundreds of MNs was too "dangerous" to juggle many wallet.dat files around, or because the return relative to the amount of work they had to do to set up all those MNs wasn't worth it.
3) The team added the "-wallet=" command line instruction and start-many, both of which make the task of setting up many MNs much easier.
4) In parallel, the reward share increased to 30% last month
5) For the reasons in #3 and #4, we've seen large holders wallets start to set up literally hundreds of MNs ---> this drives down the expected return of owning a MN, which in turn probably caused a portion of MN operators to decide to exit or a number of aspiring MN operators to decide not to pursue buying coins any longer to set one up.
6) The combination of some MN owners wanting to exit, and some potential buyer deciding not to buy both increases supply on the exchanges and decreases demand (which obviously negatively impacts pricing)

However, I think this is temporary. Once the large holders deploy their MNs, and rewards keep increasing up to 60% as the months go on, I think you'll see a return to more normal supply and demand. I view this as a buying opportunity. I love entering when the trend is toward the exits... I get better prices that way!

You're not seeing huge dumps anymore. If anything, the price has been very stable and what most would consider boring. Any large blocks have been bought up and most likely put to work as masternodes (evident by the increase to 1450+).

Total Masternodes: 1455 = 1.455.000 drk holding
F: https://drk.mn/masternodes.html

Bump

thanks for the heads up

LoL !! Good one.