[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network

[SpringfieldM1A]

wow...

this coin was difficult to mined  LOL

and from https://dcrstats.com/  i can see Dev subsidy: 3.1195 DCR   what was taht ?

10% of the block reward goes the development fund.  A request for proposal is made to the community. If a person makes a proposal, it is approved, and when that person delivers the work, they get compensated in DCR for their work. It is a fund to encourage other people in the community besides the original dev team to start making improvements to this coin. Here is the link to the address with the disbursement fund. https://mainnet.decred.org/address/Dcur2mcGjmENx4DhNqDctW5wJCVyT3Qeqkx
At this moment nothing has been spent from this fund.
I am not certain who controls the private key for this address. I suppose that it could be subject to abuse.
Edit: I guess Decred Holdings Group LLC ("DHG"), a Nevis LLC controls the private key for the fund. They are an offshore corporation it appears. Not certain who the officers are at the moment, but probably the members of the current dev team.

thanks for the info, hummm this coin was innovative indeed LOL

Well, the code does not appear to a copy and past clone. So, I guess that is innovative in a way. However, I do not see a clear marketing strategy for this coin, ATM. Tinkering with code, and making improvements with code is great, but ATM, the only purpose of this coin seems to be trading on the exchange.

True, and that is also my concern. Lots of coins that had absolutely great ideas fell victim to a somewhat shut in/ivory tower approach focusing only on tech, without a solid PR plan. Look I am impressed with how Decred is holding up so far, but for any chance at mainstream succes they need to cool it on the techno babble and tell the story in layman's terms.

[1714312841]

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[1714312841]

1714312841

[bones261]

True, and that is also my concern. Lots of coins that had absolutely great ideas fell victim to a somewhat shut in/ivory tower approach focusing only on tech, without a solid PR plan. Look I am impressed with how Decred is holding up so far, but for any chance at mainstream succes they need to cool it on the techno babble and tell the story in layman's terms.

Well, hopefully the person they select in their latest RFP will do a good job revamping the Wiki. Right now, a casual reader will have trouble sifting through the whole thing and comprehending it. It is almost as bad as reading a Wikipedia article about a scientific concern and one gets to the sections where they start posting the formulas.

[Ratatosk]

would be really interesting if someone could merge mine vanilla and dcr

Not possible, algo is different

But it could be possible to implement a Zerotime-like system, right ? Without copy-paste or merge code, I mean.
Thanks.

[rizzlarolla]

I am not certain who controls the private key for this address. I suppose that it could be subject to abuse.

"a development organization"

• Self-funded development via block subsidy - In order to have an ongoing source of funding for development work, a consensus rule has been added to allocate 10% of each block subsidy to a development organization. This entity is transparent and responsible for funding development work performed by current and new developers so that the project remains sustainable without a funding dependence on outside forces in the future. Decred therefore improves with growth in a sustainable way and is accountable only to its users.

Any more details anyone?

DGH (decred holding group) control the dev fund.
They will issue regular financial statements, - every 2 years!

Unclear if DHG will take commission/expences/wages?

   
bitcointalk.org/index.php?topic=1290358.235

[scam confirmed]

I am not certain who controls the private key for this address. I suppose that it could be subject to abuse.

"a development organization"

• Self-funded development via block subsidy - In order to have an ongoing source of funding for development work, a consensus rule has been added to allocate 10% of each block subsidy to a development organization. This entity is transparent and responsible for funding development work performed by current and new developers so that the project remains sustainable without a funding dependence on outside forces in the future. Decred therefore improves with growth in a sustainable way and is accountable only to its users.

Any more details anyone?

DGH (decred holding group) control the dev fund.
They will issue regular financial statements, - every 2 years!

Unclear if DHG will take commission/expences/wages?

   
bitcointalk.org/index.php?topic=1290358.235

Dislike. The blockchain should control the dev fund and fund voting-system-elected developers/development projects directly.

[Maicol792]

how many vote in 1 day each wallet?? today for me only 1 vote..

[MarSas]

There are 41K tickets in the pool right now. It is a lottery thing

https://dcrstats.com/

[Maicol792]

DECRED VIDEO 

https://www.youtube.com/watch?v=bui1V8uSTsQ

FIRST BLOCK

https://www.youtube.com/watch?v=b1bwEFOQVDY

[rizzlarolla]

tl;dr
Shame you couldn't have got these basics sorted before the rushed into launch.
Plus other things.

Still no really important stake pool as promised?

What percentage of PoS rewards are bring up devs (c0 + _lngsoc) able to achieve under these circumstances?
What percentage of PoS are they achieving?

davecgh "The developers (c0 bring up devs + _indsoc) have publicly pledged that after an initial stake mining process to help secure the network, they will throttle their stake mining early on in order to help further foster decentralization."
The "stake mining process" is happening now I presume. Hence no pool.
How many extra, free, undeclared decred will bring up devs (c0 + _ingsoc) stake in this process before "throttling back"?

decred dev pool reward (10% of block) can be lost due to voting outcomes, bring up devs (c0 + _ingsoc) PoS cannot, due to centralisation. (bar "throttling back")
Is that correct? How is that working in practice?

Have bring up devs (c0 + _ingsoc) effectively got their own private stake pool running?

Does anyone else get this?

c0 bring up devs (behindtext + _ingsoc) have PLANNED to overstake. (and therefore others understake)
That's what the "stake mining process" is about.
The "stake mining process" is operating now I presume. Only available to bring up devs.
That is why there is no pool.

remember davecgh said decred was "designed with stake pooling in mind" for a reason.
Because a pool achieves better rewards on average. And is easier to use for example, so is more equal to bring up devs premine hoard.
Then _ingsoc promised a stake pool at "rizz delayed" launch?
(I said "Ok, credit if decred get the PoS pool up and running at launch" in response? No credit was due there then)

davecgh also said originally he didn't have time to make a public pool for months.
That was bad planning then. Well for us it was, not for _ingsoc and davecgh..

c0 bring up devs (behindtext + _ingsoc oh and davecgh) dont want a pool yet.
They are performing a "stake mining process"

No stake pool "for months" was always part of their plan to execute the "stake mining process"
Extra decred for them, less decred for you.

How many extra, free, hidden decred do the bring up devs intend to amass before "throttling back" to somewhere still over 50%?
Anyone?



(I haven't done any blockchain analysis on this)

[Erkallys]

Does anyone know how long it is to add some DCR on Bleutrade ? I've been waiting for almost 10 minutes without nothing showing up. Anyone can help me ?

[groggin]

Does anyone know how long it is to add some DCR on Bleutrade ? I've been waiting for almost 10 minutes without nothing showing up. Anyone can help me ?

 up to about a half an hour wouldn't surprise. check for 'pending'

[Erkallys]

Does anyone know how long it is to add some DCR on Bleutrade ? I've been waiting for almost 10 minutes without nothing showing up. Anyone can help me ?

 up to about a half an hour wouldn't surprise. check for 'pending'

Thank you for your fast reply ! I hope that you're right, because that's not pocket money that I moved there, so I would be really embarassed to lose it ...

[groggin]

 i've sent about 4 times, no problems   

[Erkallys]

 i've sent about 4 times, no problems   

I was confirmed about 5 minutes after your message. I'm glad that all went smooth. Now I know that I can use this platform, and I think I'll use it for every Decred transaction !

[Abou Talha]

 i've sent about 4 times, no problems   

I was confirmed about 5 minutes after your message. I'm glad that all went smooth. Now I know that I can use this platform, and I think I'll use it for every Decred transaction !

Tu te tournais les sangs ?  
At which price you will sell them ?

[groggin]

 i've sent about 4 times, no problems   

I was confirmed about 5 minutes after your message. I'm glad that all went smooth. Now I know that I can use this platform, and I think I'll use it for every Decred transaction !

Tu te tournais les sangs ?  
At which price you will sell them ?

You turn you bloods (google translate)  hmm...

[Abou Talha]

LOL
Yeah, that means he's anxious.

[bones261]

tl;dr
Shame you couldn't have got these basics sorted before the rushed into launch.
Plus other things.

Still no really important stake pool as promised?

What percentage of PoS rewards are bring up devs (c0 + _lngsoc) able to achieve under these circumstances?
What percentage of PoS are they achieving?

davecgh "The developers (c0 bring up devs + _indsoc) have publicly pledged that after an initial stake mining process to help secure the network, they will throttle their stake mining early on in order to help further foster decentralization."
The "stake mining process" is happening now I presume. Hence no pool.
How many extra, free, undeclared decred will bring up devs (c0 + _ingsoc) stake in this process before "throttling back"?

decred dev pool reward (10% of block) can be lost due to voting outcomes, bring up devs (c0 + _ingsoc) PoS cannot, due to centralisation. (bar "throttling back")
Is that correct? How is that working in practice?

Have bring up devs (c0 + _ingsoc) effectively got their own private stake pool running?

Does anyone else get this?

c0 bring up devs (behindtext + _ingsoc) have PLANNED to overstake. (and therefore others understake)
That's what the "stake mining process" is about.
The "stake mining process" is operating now I presume. Only available to bring up devs.
That is why there is no pool.

remember davecgh said decred was "designed with stake pooling in mind" for a reason.
Because a pool achieves better rewards on average. And is easier to use for example, so is more equal to bring up devs premine hoard.
Then _ingsoc promised a stake pool at "rizz delayed" launch?
(I said "Ok, credit if decred get the PoS pool up and running at launch" in response? No credit was due there then)

davecgh also said originally he didn't have time to make a public pool for months.
That was bad planning then. Well for us it was, not for _ingsoc and davecgh..

c0 bring up devs (behindtext + _ingsoc oh and davecgh) dont want a pool yet.
They are performing a "stake mining process"

No stake pool "for months" was always part of their plan to execute the "stake mining process"
Extra decred for them, less decred for you.

How many extra, free, hidden decred do the bring up devs intend to amass before "throttling back" to somewhere still over 50%?
Anyone?



(I haven't done any blockchain analysis on this)

There were 173 addresses that the original premine were placed into. (I did not include all of the airdrop addresses.)
Of these addresses, 140 of them remain unspent containing 677,881.08108108 coins.(these have not even been used to buy tickets for staking)
This leaves 33 addresses that have had some spending activity.
Here is the list
DsaAtdVq78c4zM7fhHbbRHPd8UoZn91ZoR3
DsabRUzLFikdEx62WeSyFjvqVg7i8DkuTjo
DsaiQhBpjr2Xq9T6Zso5vAFEPgUEWVFKVC9
DsaPv23JyLgjrYFmXnHdiou1DYpyAykCkZb
DsbnFzaBDZXrecHSoafZDBNgMnN35WS7gaM
DscE1ypiJywzn7YEjEJ46BpFUw82DqJNx5S
DsdCdzo4oya45m3AV8aGtrZuSokzN4togLg
Dse78aC4tE4eUhuyhYXN4nKDxb3v3rVo5Ys
DseE1xRuHQZcXEPEeymXhJfZFhEmSJqEkxu
Dsep8wzzJhMrbPBCe2cf51cnbD1dpjVaQqV
DsfBHUhvUnCQ4wqvp21wAoy9hrrz4c7N78T
DsfuNLpJyTTmM6hN1HEStpfNBScFNdJ2r3g
Dsg8amRtv4pNFmsWkiZncT7zmXtuKDEUjjW
Dsg8Gd815HgUXJWmqqHe5RBLWv8S5tfEyjV
DsgW8Lq8VEkQG41awKizNKWPRHayRUqAMtm
DsiDdL7rHXk6GzQCssdexJf7nf48RVQzdbH
DsiHiXPpr4g54JmckGfySzJ6JSPRXevrnca
DsiKKbtdKwvFKHdhyG1VMxrRBjn3oTjZbEH
DsiQkbaiT8sFH6xTB2xDze6YZqK2U5pzbpZ
DsjCyFQ2kzbH3MCHid4eXAYEdQdC7rzVyam
DsjoMVm6554n4ss8jU3L4ZntwjtGF9rswU6
DsmmZsKzMb4TVQvM4bNTTo5fjTtp6cgDJCC
DsnWt7abiAaymxHH9kSYYQt8iz3SMRuXWcf
DspCN8Aq8wmPZUCLzTfBzpyAbRewHVRXiHc
DsQyh5BZ6Y2UwriJGHxJ3AgEXCLv4XETj1P
DsSHiCHj4J6WYcacTJkSDrrEu84yDUBo1ww
DsSYsbfwbqWzhZHwJGbNvFEjy5UvJJWngz7
DsTTGVRgLTmooehgBPuEkpeGiTp86rvysgR
DsTxANwuJY6BetdHtFR1K7cuWXGgM5xrjnf
DsUzfyU75pNbbhHSjhpf6PUEvSywKTVzXBP
DsWqqZBhYF2rPZkmt4Qbb5csvvwDS8SJyus
DsXbMCMSGpJuPmVNrcxL1whSJXRmnVNewe8
DsZMAYBSyVQKAprVYh5ChCs9ekG2z5obbVo
You may go to the block explorer yourself and do the blockchain analysis to help bolster your case.

[Gleb Gamow]

Here are some interesting tidbits.

Dave Collins has never mentioned Decred on his Twitter account: https://twitter.com/davecgh

Dave Collins never followed Brian Armstong: https://twitter.com/davecgh/following

Brian Armstrong has 15,607 followers: https://twitter.com/brian_armstrong/followers

Brian Armstrong followers ONLY 394 tweeps: https://twitter.com/brian_armstrong/following

Brian Armstrong followed Dave Collins on January 16, 2016: https://twitter.com/brian_armstrong



Question: How is such course of action(s) even remotely possible?

[proletariat]

Here are some interesting tidbits.

Dave Collins has never mentioned Decred on his Twitter account: https://twitter.com/davecgh

Dave Collins never followed Brian Armstong: https://twitter.com/davecgh/following

Brian Armstrong has 15,607 followers: https://twitter.com/brian_armstrong/followers

Brian Armstrong followers ONLY 394 tweeps: https://twitter.com/brian_armstrong/following

Brian Armstrong followed Dave Collins on January 16, 2016: https://twitter.com/brian_armstrong

https://i.imgur.com/oU8DIRl.jpg

Question: How is such course of action(s) even remotely possible?

lol.. DCR skipping polo and going to coinbase then?