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w0lf0.
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April 05, 2017, 01:28:10 PM |
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Nice thanks, i will try  |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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gembitz
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April 05, 2017, 03:46:22 PM |
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^very wise to get them off bittrex!  very smart advice indeed!~jmho |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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gembitz
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April 05, 2017, 03:49:30 PM |
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A few people have been asking for an explanation of Decred's PoS system. Here it is  Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks. /// Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car. ^sounds like a ponzi scheme! what is the USE of this coin? there is NONE but HOARDING? *is Meni Rosenfeld still involved?~is the Jewish Bitcoiners still behind this? :-D lulz |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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EmilioMann
Legendary
 Offline
Activity: 2184
Merit: 1028
#mitandopelomundo
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April 05, 2017, 05:48:28 PM |
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The coins for POS and the tickets are inside the blocks that are mined by the POW miners.
Each block mined by POW has 5 tickets + 25.57 coins currently.
15.34 coins for the POW miner
7.65 for POS miners (1.53 DCR per ticket)
2,58 for the development fund.
The payment system is self-sustaining and doesn't depend on the input of new users. Where is the ponzi? Are you functional illiterate?
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joeydangerous
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CryptoTalk.Org - Get Paid for every Post!
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April 05, 2017, 05:51:22 PM |
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Ah, I remember when this coin was first starting out. I wasn't sure to enter in or not. It's good to see it's doing good.
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Vyrez
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April 05, 2017, 08:01:33 PM |
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The PoW difficulty chart is starting to look like Ethereum's did before the price boom Cheesy Cheesy
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Maicol792
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April 05, 2017, 08:30:41 PM |
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gembitz
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April 06, 2017, 01:16:42 AM |
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damnnnnn... that's awesome !!! ^April fools!  |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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EmilioMann
Legendary
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#mitandopelomundo
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April 06, 2017, 01:52:34 AM
Last edit: April 06, 2017, 02:03:36 AM by EmilioMann |
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damnnnnn... that's awesome !!! ^April fools! LOL I know the seller. It's a cool place to surf on weekends. There are a lake, mountains and waterfalls close.   |
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anvoice
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April 06, 2017, 01:54:50 AM |
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Decred has an especially dedicated development team and lofty long-term goals. One of the best alts to bet on imho.
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zhs7956335ai
Newbie
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April 06, 2017, 02:07:31 AM |
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Decred is currenly my favorite coin. The dev team just delivers great work.
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gembitz
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April 06, 2017, 04:08:50 AM |
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damnnnnn... that's awesome !!! ^April fools! LOL I know the seller. It's a cool place to surf on weekends. There are a lake, mountains and waterfalls close. ^i want my 282 DCR and i'll be happy! ~ wheres' Meni Rosenfeld? :-D #JEWCREW |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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trader19
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April 06, 2017, 09:04:28 AM |
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damnnnnn... that's awesome !!! ^April fools! LOL I know the seller. It's a cool place to surf on weekends. There are a lake, mountains and waterfalls close. That's mean ... near 45 000 DCR coins cuz 1 DCR is $10 at the moment  . DCR have to increase to $50 and then this house will cost only 9000 DCR nah, price is in brasilian Dollar around 150,000$ or 15kDCR https://en.m.wikipedia.org/wiki/Brazilian_real |
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EmilioMann
Legendary
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Activity: 2184
Merit: 1028
#mitandopelomundo
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April 06, 2017, 12:09:44 PM
Last edit: April 06, 2017, 12:22:02 PM by EmilioMann |
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That's mean ... near 45 000 DCR coins cuz 1 DCR is $10 at the moment . DCR have to increase to $50 and then this house will cost only 9000 DCR nah, price is in brasilian Dollar around 150,000$ or 15kDCR https://en.m.wikipedia.org/wiki/Brazilian_realYep, the price in decred is 15,000 DCR today. Decred is the only crypto that he accepts because he wants to put on POS mining. He doesn't even accept bitcoin. |
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Kryptowerk
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Disobey.
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April 06, 2017, 01:23:26 PM |
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Everyone, please do not respond to Gembitz / quote what he says. He seems to thrive on attention. Starve him, and he will fade away.
This. The ignore button is a cutie, first time I use it, works so well! |
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dbt1033
Legendary
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Activity: 1274
Merit: 1000
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April 06, 2017, 01:38:43 PM |
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Everyone, please do not respond to Gembitz / quote what he says. He seems to thrive on attention. Starve him, and he will fade away.
This. The ignore button is a cutie, first time I use it, works so well! Yup, same here. Please continue to follow the above policy everyone. |
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Assanger
Jr. Member
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April 06, 2017, 04:59:46 PM |
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dbt1033
Legendary
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Merit: 1000
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April 06, 2017, 05:00:52 PM |
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As in solo PoS mining? Yes, but you will need 100% uptime on your wallet or you risk missing votes / being rewarded. |
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gembitz
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April 06, 2017, 05:33:46 PM |
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That's mean ... near 45 000 DCR coins cuz 1 DCR is $10 at the moment . DCR have to increase to $50 and then this house will cost only 9000 DCR nah, price is in brasilian Dollar around 150,000$ or 15kDCR https://en.m.wikipedia.org/wiki/Brazilian_realYep, the price in decred is 15,000 DCR today. Decred is the only crypto that he accepts because he wants to put on POS mining. He doesn't even accept bitcoin. "steak-grinding" wait for it! |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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