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

[gembitz]

do you think this dump is due to manipulation to let weak hands leave?

^juilan jyap the bittrex wallet guy told me the bittrex db was haxxed by russian hackers so idk..hmmm :\

[AusKipper]

I read somewhere that they where planning to implement some privacy features on this, does anyone know what type?

From my understanding they will be working on some new variation of zk-SNARK. You can find out here: https://blog.decred.org/2017/01/09/2017-Decred-Roadmap/

Thankyou.

Do you know this compares to Zerocoin?

*edit*

Ignore that, I did a little googling its a version of the same thing I think.

[EmilioMann]

I read somewhere that they where planning to implement some privacy features on this, does anyone know what type?

From my understanding they will be working on some new variation of zk-SNARK. You can find out here: https://blog.decred.org/2017/01/09/2017-Decred-Roadmap/

Thankyou.

Do you know this compares to Zerocoin?

*edit*

Ignore that, I did a little googling its a version of the same thing I think.

Zerocoin is a centralized anon system that needs trustworthy on dev.
Decred system will be decentralized and trustless

[jwinterm]

I read somewhere that they where planning to implement some privacy features on this, does anyone know what type?

From my understanding they will be working on some new variation of zk-SNARK. You can find out here: https://blog.decred.org/2017/01/09/2017-Decred-Roadmap/

Thankyou.

Do you know this compares to Zerocoin?

*edit*

Ignore that, I did a little googling its a version of the same thing I think.

Zerocoin is a centralized anon system that needs trustworthy on dev.
Decred system will be decentralized and trustless

It's not, really, although it was broken and allowed the generation of like 300k coins, but at least they didn't roll back the chain. Zerocash is the one with the trusted setup. Zerocoin uses RSA factoring challenge number for it's setup.

[AusKipper]

I read somewhere that they where planning to implement some privacy features on this, does anyone know what type?

From my understanding they will be working on some new variation of zk-SNARK. You can find out here: https://blog.decred.org/2017/01/09/2017-Decred-Roadmap/

Thankyou.

Do you know this compares to Zerocoin?

*edit*

Ignore that, I did a little googling its a version of the same thing I think.

Zerocoin is a centralized anon system that needs trustworthy on dev.
Decred system will be decentralized and trustless

It's not, really, although it was broken and allowed the generation of like 300k coins, but at least they didn't roll back the chain. Zerocash is the one with the trusted setup. Zerocoin uses RSA factoring challenge number for it's setup.

So Decred is getting the best of the current bitcoin chain options when/if successfully implemented, though still not quite as good as Monero style ring signatures right?

I assume trustless is better than trusted, but I dont really understand it all that well, I just need someone to say if its the best

[skunk]

hello!

i had my dcr wallet offline for a long while because i've lost connection to the host where it's installed.
once the host went online again, i've restarted the wallet and saw how all my live tickets went missed, amen...
i didn't re-enable staking, however after about two months from restart i notice most of my budget is still locked:

Code:

$ ./dcrctl --wallet getstakeinfo
{
  "blockheight": 117763,
  "poolsize": 40866,
  "difficulty": 99.33280417,
  "allmempooltix": 0,
  "ownmempooltix": 0,
  "immature": 0,
  "live": 0,
  "proportionlive": 0,
  "voted": 285,
  "totalsubsidy": 498.5092128,
  "missed": 56,
  "proportionmissed": 0.16422287390029325,
  "revoked": 13,
  "expired": 0
}

$ ./dcrctl --wallet getstakeinfo
{
  "blockheight": 117763,
  "poolsize": 40866,
  "difficulty": 99.33280417,
  "allmempooltix": 0,
  "ownmempooltix": 0,
  "immature": 0,
  "live": 0,
  "proportionlive": 0,
  "voted": 285,
  "totalsubsidy": 498.5092128,
  "missed": 56,
  "proportionmissed": 0.16422287390029325,
  "revoked": 13,
  "expired": 0
}

$ ./dcrctl --wallet getbalance "*" 1 all
1445.22367482

$ ./dcrctl --wallet getbalance "*" 1 locked
1038.48773844

why?
when can i expect my dcr to get unlocked?

thank you

[Penttikuisma]

hello!

i had my dcr wallet offline for a long while because i've lost connection to the host where it's installed.
once the host went online again, i've restarted the wallet and saw how all my live tickets went missed, amen...
i didn't re-enable staking, however after about two months from restart i notice most of my budget is still locked:

Code:

$ ./dcrctl --wallet getstakeinfo
{
  "blockheight": 117763,
  "poolsize": 40866,
  "difficulty": 99.33280417,
  "allmempooltix": 0,
  "ownmempooltix": 0,
  "immature": 0,
  "live": 0,
  "proportionlive": 0,
  "voted": 285,
  "totalsubsidy": 498.5092128,
  "missed": 56,
  "proportionmissed": 0.16422287390029325,
  "revoked": 13,
  "expired": 0
}

$ ./dcrctl --wallet getstakeinfo
{
  "blockheight": 117763,
  "poolsize": 40866,
  "difficulty": 99.33280417,
  "allmempooltix": 0,
  "ownmempooltix": 0,
  "immature": 0,
  "live": 0,
  "proportionlive": 0,
  "voted": 285,
  "totalsubsidy": 498.5092128,
  "missed": 56,
  "proportionmissed": 0.16422287390029325,
  "revoked": 13,
  "expired": 0
}

$ ./dcrctl --wallet getbalance "*" 1 all
1445.22367482

$ ./dcrctl --wallet getbalance "*" 1 locked
1038.48773844

why?
when can i expect my dcr to get unlocked?

thank you

If "rebroadcastmissed" won't help, recreate your wallet from seed. Be sure, that daemon is fully synced before recreate.

Add: I'm not sure is there also 256 block delay,  starting from that point where you reconnected your wallet and tickets hit missed. If so, your funds are usable after that (around 24 hours)

[EmilioMann]

hello!

i had my dcr wallet offline for a long while because i've lost connection to the host where it's installed.
once the host went online again, i've restarted the wallet and saw how all my live tickets went missed, amen...
i didn't re-enable staking, however after about two months from restart i notice most of my budget is still locked:

...

why?
when can i expect my dcr to get unlocked?

thank you

If "rebroadcastmissed" won't help, recreate your wallet from seed. Be sure, that daemon is fully synced before recreate.

Add: I'm not sure is there also 256 block delay,  starting from that point where you reconnected your wallet and tickets hit missed. If so, your funds are usable after that (around 24 hours)

Maybe you are using an outdated wallet.
Try with the last one that is 0.8.2 and can be downloaded at www.decred.org
If you use windows, the last version of the gui wallet paymetheus is excellent.
Very easy to POS mine with it. There's a tutorial with pics on brasil stake pool https://stake.decredbrasil.com
If this doesn't help, it is better to enter on slack, #support channel and talk with a dev.

[EmilioMann]

...

So Decred is getting the best of the current bitcoin chain options when/if successfully implemented, though still not quite as good as Monero style ring signatures right?

I assume trustless is better than trusted, but I dont really understand it all that well, I just need someone to say if its the best

An anonymous system that isn't trustless and decentralized the dev can create coins and no one knows or keep logs of the transactions and sell them to NSA.

[jwinterm]

...

So Decred is getting the best of the current bitcoin chain options when/if successfully implemented, though still not quite as good as Monero style ring signatures right?

I assume trustless is better than trusted, but I dont really understand it all that well, I just need someone to say if its the best

An anonymous system that isn't trustless and decentralized the dev can create coins and no one knows or keep logs of the transactions and sell them to NSA.

I'm not a fan of zcash or zcoin, but this is just misinformation. Yes, the zcash trusted setup could allow the creation of coins that no one could detect on the blockchain (zcoin coin creation was due to an implementation bug, unrelated to this), but as far as anyone knows, the anonymity provided by zcash is trustless - there's no way anyone could "keep logs" of the txs.

[FUTURECRYPTO]

[/quote]


Maybe you are using an outdated wallet.
Try with the last one that is 0.8.2 and can be downloaded at www.decred.org
If you use windows, the last version of the gui wallet paymetheus is excellent.
Very easy to POS mine with it. There's a tutorial with pics on brasil stake pool https://stake.decredbrasil.com
If this doesn't help, it is better to enter on slack, #support channel and talk with a dev.
[/quote]

Hi,

I am new to Decred. I think its a good project with great team and vision. I want to do PoS with my Dcr. I am a newbie. Stakepool would be ideal for me because I can't be online all the time. Do you recommend me to join stakepool here https://evolution.dcrstats.com or using paymetheus wallet as you described? What's the difference between the two?

Anyone doing the Pos in stakepool can please through some numbers? like if you had 1000 DCR in stakepool, what would be the payouts like daily or monthly? Appx numbers are fine. Thank you.

[EmilioMann]

...

So Decred is getting the best of the current bitcoin chain options when/if successfully implemented, though still not quite as good as Monero style ring signatures right?

I assume trustless is better than trusted, but I dont really understand it all that well, I just need someone to say if its the best

An anonymous system that isn't trustless and decentralized the dev can create coins and no one knows or keep logs of the transactions and sell them to NSA.

I'm not a fan of zcash or zcoin, but this is just misinformation. Yes, the zcash trusted setup could allow the creation of coins that no one could detect on the blockchain (zcoin coin creation was due to an implementation bug, unrelated to this), but as far as anyone knows, the anonymity provided by zcash is trustless - there's no way anyone could "keep logs" of the txs.

I didn't refer to zcash.
I was talking about what "trustless" means on crypto currencies.

[EmilioMann]

Hi,

I am new to Decred. I think its a good project with great team and vision. I want to do PoS with my Dcr. I am a newbie. Stakepool would be ideal for me because I can't be online all the time. Do you recommend me to join stakepool here https://evolution.dcrstats.com or using paymetheus wallet as you described? What's the difference between the two?

Anyone doing the Pos in stakepool can please through some numbers? like if you had 1000 DCR in stakepool, what would be the payouts like daily or monthly? Appx numbers are fine. Thank you.

While in the official pools you don't have risk of lose your coins, in evolution this security doesn't exist because you need to send your coins to him.
Evolution isn't an official service from decred devs, it is an third party service created by the owner of dcrstats pool.

POS mining is yielding about 3-5% per month

[FUTURECRYPTO]

Hi,

I am new to Decred. I think its a good project with great team and vision. I want to do PoS with my Dcr. I am a newbie. Stakepool would be ideal for me because I can't be online all the time. Do you recommend me to join stakepool here https://evolution.dcrstats.com or using paymetheus wallet as you described? What's the difference between the two?

Anyone doing the Pos in stakepool can please through some numbers? like if you had 1000 DCR in stakepool, what would be the payouts like daily or monthly? Appx numbers are fine. Thank you.

While in the official pools you don't have risk of lose your coins, in evolution this security doesn't exist because you need to send your coins to him.
Evolution isn't an official service from decred devs, it is an third party service created by the owner of dcrstats pool.

POS mining is yielding about 3-5% per month

Thanks mate! Appreciate the help.

[dwu]

Since four hours I lost my connection to www.decredpool.org. Login doesn't work anymore.
I'm assuming my 14 DCR are lost.

EDIT: Login works now - 5 hours of downtime. I hope my DCR will be paid out...

[dmitryshech]

I read somewhere that they where planning to implement some privacy features on this, does anyone know what type?

From my understanding they will be working on some new variation of zk-SNARK. You can find out here: https://blog.decred.org/2017/01/09/2017-Decred-Roadmap/

Thankyou.

Do you know this compares to Zerocoin?

*edit*

Ignore that, I did a little googling its a version of the same thing I think.

Yes, zk-SNARK it's a new, very sophisticated cryptographic technology that brought by Zcash. All these z-coins (Zcoin,Zclassic and probably Zerocoin) are forks of Zcash. They use the same technology and try to improve it as it has some disadvantages. These guys explain it very well: https://youtu.be/v5_dY7_N_wQ

[AusKipper]

Yes, zk-SNARK it's a new, very sophisticated cryptographic technology that brought by Zcash. All these z-coins (Zcoin,Zclassic and probably Zerocoin) are forks of Zcash. They use the same technology and try to improve it as it has some disadvantages. These guys explain it very well: https://youtu.be/v5_dY7_N_wQ

Thanks (The thanks also applies to the few other people who replied about this I read your posts too)

I wish this forum had the "thanks" feature like a lot of other forums have so I didnt feel the need to write out thankyou replies all the time

[Dan Yur]

There is one factor that can counteract the strong growth of Decred - this is high inflation. Yes, it will decline, but at this stage it is about 50% per annum. This is very much.

[malcovixeffect]

There is one factor that can counteract the strong growth of Decred - this is high inflation. Yes, it will decline, but at this stage it is about 50% per annum. This is very much.

Don't worry this is crypto.
i look at Eth high supply with high inflation and its worth $40.
As long as the devs keeps on developing and making DCR better people will keep on speculating that it will worth a fortune in the future.

[Jack Liver]

the real inflation for 2017 it's only 30% if we assume that every pow miner dump and every pos miner hold, including the dev subsidy. The pos pool it's grown with the ATL and now it's growing bigger since the ATH...