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

[maxwelllord]

sambiohazard, all stake pools have the same code base, and to stop your fear, uncertainty and doubts I'm constantly update Dcrstats Stakepool to newest versions and add new security features to protect your accounts (2FA coming very soon, it's been successfuly tested in Evolution already).

So, first of all, if attackers will find a vulnerability in the stakepool or decred software, they won't attack only one biggest pool, but all of them. And you know it doesn't matter then 1 pool with 25% or 5 pools with 5%. Actually, yes, it matters, because I don't know how serious are all 9 pool operators, but our reaction and hot-fixing will be super fast.

Even if hackers can take control under all 10 existing stakepools (c0 + 9 from rfp), what can they do in the short terms? Do not include transactions in next 10 blocks? To destroy next 10 blocks? Even if they will take control of all stake pools, it cannot be a 1-minute attack. Hackers will have to maintain all the infrastructure and pay for the hosting of more than 40 servers, which are not cheap

PS: so far you are the only person who don't like something and who is going to attack the network.

I definitely agree with sambiohazard in this respect, and I'm pretty sure others do as well. I've voiced my concern for a healthier network distribution before, and this initiative, to me, is a step in the wrong direction. Nonetheless, you're providing a staking alternative for the less technical users, so kudos for that.

Folks, please consider joining any of the smaller PoS pools. Thanks! 

Thanks for the support myagui. He probably didnt read my post. Dyrk when someone wants to disrupt the network, they would do it with least resource requirement. If you provide them with one pool with lots of tickets, they will attack it instead of 5 pools with 5% tickets as costs to attack will be significantly less. Dont tell me that you dont understand how distributing the tickets over pools is better while you claim to run a pool that is safe.

I wasn't talking about user account security with hackers rather about DDoS attack on your pool. On front of user fund/account security it is more about trust with you which i am slowly loosing as you go against what is good for the project and network.

I hope that it works out for everyone but path you are taking is certainly not the best for a decentralized currency. Your project introduces trust and centralization back into the system. I hope devs will intervene or introduce correct incentives at protocol level to ensure decentralization of PoS tickets.

You tell ridiculous things. Does not confuse you that today, there are at least two solo miners about 20% of volume of PoS having at the order.

I do not see a problem if in future dyrk transfers a part of tickets to other pools.

I do not see in it danger, I see in it an opportunity for which many waited. It does DECRED closer to simple people.

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[IncludeBeer]

Beta Testing has been successfully finished.

The platform is now live and open for all PoS miners: https://evolution.dcrstats.com/
Thanks to everyone who supported the project and helped with testing.

All beta participants (investors) can now see EFT tokens in their balances.

Some numbers:
- total investments during BETA: 90,648.76 DCR
- 66 investors
- total EFT supply is 1000 EFT
- 1 EFT = 90.64 DCR

First dividends will be paid to your Deposit addresses already on 1st December 2016. You will also find a list of transactions in your profile
Withdrawals of DCR will be enabled in next 24 hours (1st December). Withdrawals of EFT will be enabled after the launch of smart contract. (remember, that it is a platform, who pays you dividends, so there is no sense to keep your tokens outside of the Evolution unless you want to sell your tokens at the Exchange).

Congratulations to all investors Thanks again for the help with testing!

Looks great!  On my dashboard, I can see how many EFT I have, but is there a way to see the number and value of dividend payments those EFT are earning me?

[Dcrstats]

Looks great!  On my dashboard, I can see how many EFT I have, but is there a way to see the number and value of dividend payments those EFT are earning me?

Now you can see it I've updated the "Balance" page and you have a "EFT" tab with all transactions.

Today Dcrstats Evolution paid out first dividends to investors for the first 2 weeks of beta testing in November.
Total subsidy: 836.15 DCR
Total dividends for November 2016: 20.90 DCR (2.5%)

I think that's a good timing. Only few days ago we had a BETA and today investors already received first payouts

To Do list:
1. Withdrawals
2. Manual ticket purchase
3. Launch token
4. Mobile application
5. New Year party
6. New dividends payout on 1st January (and from today they'll be paid out every 1st of the month)

[Praxis]

Looks great!  On my dashboard, I can see how many EFT I have, but is there a way to see the number and value of dividend payments those EFT are earning me?

Now you can see it I've updated the "Balance" page and you have a "EFT" tab with all transactions.

Today Dcrstats Evolution paid out first dividends to investors for the first 2 weeks of beta testing in November.
Total subsidy: 836.15 DCR
Total dividends for November 2016: 20.90 DCR (2.5%)

I think that's a good timing. Only few days ago we had a BETA and today investors already received first payouts

To Do list:
1. Withdrawals
2. Manual ticket purchase
3. Launch token
4. Mobile application
5. New Year party
6. New dividends payout on 1st January (and from today they'll be paid out every 1st of the month)

Great job. Congratulations on the successful BETA phase / pre-launch test.

[Penttikuisma]

Looks great!  On my dashboard, I can see how many EFT I have, but is there a way to see the number and value of dividend payments those EFT are earning me?

Now you can see it I've updated the "Balance" page and you have a "EFT" tab with all transactions.

Today Dcrstats Evolution paid out first dividends to investors for the first 2 weeks of beta testing in November.
Total subsidy: 836.15 DCR
Total dividends for November 2016: 20.90 DCR (2.5%)

I think that's a good timing. Only few days ago we had a BETA and today investors already received first payouts

To Do list:
1. Withdrawals
2. Manual ticket purchase
3. Launch token
4. Mobile application
5. New Year party
6. New dividends payout on 1st January (and from today they'll be paid out every 1st of the month)

Good work!

[sambiohazard]

sambiohazard, all stake pools have the same code base, and to stop your fear, uncertainty and doubts I'm constantly update Dcrstats Stakepool to newest versions and add new security features to protect your accounts (2FA coming very soon, it's been successfuly tested in Evolution already).

So, first of all, if attackers will find a vulnerability in the stakepool or decred software, they won't attack only one biggest pool, but all of them. And you know it doesn't matter then 1 pool with 25% or 5 pools with 5%. Actually, yes, it matters, because I don't know how serious are all 9 pool operators, but our reaction and hot-fixing will be super fast.

Even if hackers can take control under all 10 existing stakepools (c0 + 9 from rfp), what can they do in the short terms? Do not include transactions in next 10 blocks? To destroy next 10 blocks? Even if they will take control of all stake pools, it cannot be a 1-minute attack. Hackers will have to maintain all the infrastructure and pay for the hosting of more than 40 servers, which are not cheap

PS: so far you are the only person who don't like something and who is going to attack the network.

I definitely agree with sambiohazard in this respect, and I'm pretty sure others do as well. I've voiced my concern for a healthier network distribution before, and this initiative, to me, is a step in the wrong direction. Nonetheless, you're providing a staking alternative for the less technical users, so kudos for that.

Folks, please consider joining any of the smaller PoS pools. Thanks! 

Thanks for the support myagui. He probably didnt read my post. Dyrk when someone wants to disrupt the network, they would do it with least resource requirement. If you provide them with one pool with lots of tickets, they will attack it instead of 5 pools with 5% tickets as costs to attack will be significantly less. Dont tell me that you dont understand how distributing the tickets over pools is better while you claim to run a pool that is safe.

I wasn't talking about user account security with hackers rather about DDoS attack on your pool. On front of user fund/account security it is more about trust with you which i am slowly loosing as you go against what is good for the project and network.

I hope that it works out for everyone but path you are taking is certainly not the best for a decentralized currency. Your project introduces trust and centralization back into the system. I hope devs will intervene or introduce correct incentives at protocol level to ensure decentralization of PoS tickets.

You tell ridiculous things. Does not confuse you that today, there are at least two solo miners about 20% of volume of PoS having at the order.

I do not see a problem if in future dyrk transfers a part of tickets to other pools.

I do not see in it danger, I see in it an opportunity for which many waited. It does DECRED closer to simple people.

To each his own. I think its not good for whole decred ecosystem, i hope it turns out good for everyone.

[IncludeBeer]

Looks great!  On my dashboard, I can see how many EFT I have, but is there a way to see the number and value of dividend payments those EFT are earning me?

Now you can see it I've updated the "Balance" page and you have a "EFT" tab with all transactions.

Good work!

Thanks Dcrstats! Great additions, I'm glad I decided to invest!  Looking forward to the exchange where I can pick up some EFT

[Gash]

Keeping an eye on it. I rarely do so, opted out of day trading. This one may play out, so keeping an eye on it for now.

[proletariat]

Keeping an eye on it. I rarely do so, opted out of day trading. This one may play out, so keeping an eye on it for now.

are you keeping an eye on it? Do you usually do so? do you day trade? I want to know all about you 

[skypirate]

https://dcrstats.com/img/evolution_live.png

Beta Testing has been successfully finished.

The platform is now live and open for all PoS miners: https://evolution.dcrstats.com/
Thanks to everyone who supported the project and helped with testing.

All beta participants (investors) can now see EFT tokens in their balances.

Some numbers:
- total investments during BETA: 90,648.76 DCR
- 66 investors
- total EFT supply is 1000 EFT
- 1 EFT = 90.64 DCR

First dividends will be paid to your Deposit addresses already on 1st December 2016. You will also find a list of transactions in your profile
Withdrawals of DCR will be enabled in next 24 hours (1st December). Withdrawals of EFT will be enabled after the launch of smart contract. (remember, that it is a platform, who pays you dividends, so there is no sense to keep your tokens outside of the Evolution unless you want to sell your tokens at the Exchange).

Congratulations to all investors Thanks again for the help with testing!

Just so I get this straight, it's not too late to create an account, send funds and start staking?
It is too late to get EFT tokens, unless you buy them from someone? Max of 1000 tokens forever?

[Dcrstats]

Just so I get this straight, it's not too late to create an account, send funds and start staking?
It is too late to get EFT tokens, unless you buy them from someone? Max of 1000 tokens forever?

Yes, the platform is now open for everyone. You can make deposit whenever you want and start staking.
Max 1000 EFT forever, now you can only buy them from existing holder (if you find someone ready to sell). 1000 EFT = 2.5% from reward of every voted ticket.

[lordoliver]

Just so I get this straight, it's not too late to create an account, send funds and start staking?
It is too late to get EFT tokens, unless you buy them from someone? Max of 1000 tokens forever?

Yes, the platform is now open for everyone. You can make deposit whenever you want and start staking.
Max 1000 EFT forever, now you can only buy them from existing holder (if you find someone ready to sell). 1000 EFT = 2.5% from reward of every voted ticket.

is there any exchange already listing them or how can one buy it?

[Dcrstats]

is there any exchange already listing them or how can one buy it?

We will launch our own exchange DCR / BTC and EFT / DCR. Of course, any other exchange will be free to list this asset as well. But our goal is our own exchange, because in future we want to allow users deposit not only DCR, but also BTC (and maybe even ETH) to start staking, so we will automatically buy DCR for them. Something like our clone of Shapeshift for Decred will be a perfect experience for our miners and new investors.

[LiskQH]

I want to increase the share. I want to buy your ETF tokens at the price 370 DCR for 1 ETF. Write me to PM.

[lordoliver]

I want to increase the share. I want to buy your ETF tokens at the price 370 DCR for 1 ETF. Write me to PM.

Or you keep up some decentralization and sell them to me, because I don't have any.

[Dcrstats]

It's important to understand that early investors didn't pay for their tokens. They received them for free based on their contribution with the rate 1 EFT = 90.64 DCR

And 1 token gives you only 0.0025% (1000 EFT = 2.5%) of the total Evolution profit (all time subsidy from PoS), which is not that many as you may think unless Decred didn't hit a 10$ / 100$ level.

[lordoliver]

It's important to understand that early investors didn't pay for their tokens. They received them for free based on their contribution with the rate 1 EFT = 90.64 DCR

And 1 token gives you only 0.0025% (1000 EFT = 2.5%) of the total Evolution profit (all time subsidy from PoS), which is not that many as you may think unless Decred didn't hit a 10$ / 100$ level.

Can you send me a link to the initial post? Didn't get any email or something...

[keyboard warrior]

is there any exchange already listing them or how can one buy it?

We will launch our own exchange DCR / BTC and EFT / DCR. Of course, any other exchange will be free to list this asset as well. But our goal is our own exchange, because in future we want to allow users deposit not only DCR, but also BTC (and maybe even ETH) to start staking, so we will automatically buy DCR for them. Something like our clone of Shapeshift for Decred will be a perfect experience for our miners and new investors.

Will you be buying insurance in case it gets hacked? Shapeshift was hacked, and half the regular exchanges have been hacked too. Coinbase and gemini are the only exchanges I know that claim to be insured, and it's expensive. Can you afford insurance, or to pay for all the losses from a hack yourself as shapeshift did?

[IncludeBeer]

It's important to understand that early investors didn't pay for their tokens. They received them for free based on their contribution with the rate 1 EFT = 90.64 DCR

And 1 token gives you only 0.0025% (1000 EFT = 2.5%) of the total Evolution profit (all time subsidy from PoS), which is not that many as you may think unless Decred didn't hit a 10$ / 100$ level.

Can you send me a link to the initial post? Didn't get any email or something...

Only a few pages back

https://bitcointalk.org/index.php?topic=1290358.msg16894600#msg16894600

[Alexoz]

Double bottom??? Not really...