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

[bspus]

the year started with another milestone the 200,000th block was mined today  

https://explorer.dcrdata.org/block/200000

And a slow but nice price rally for the last few days.

I don't think we can replicate last year's early January mooning but it's sure nice to see it reach a decent price finally

[MrSunshine]

the year started with another milestone the 200,000th block was mined today  

https://explorer.dcrdata.org/block/200000

And a slow but nice price rally for the last few days.

I don't think we can replicate last year's early January mooning but it's sure nice to see it reach a decent price finally

I don't consider it a decent price if DASH has a higher market cap than Decred, but it is improving.

[saucedaddy]

To start I love the Decred project and think it has a great future, but something i was thinking was that technically lets say the price went up a bunch, with the current ticket voting system couldnt some whales come in buy a ton of tickets and vote for things they know are bad for decred? I know that the point of buying the ticket is that your locking in an amount so you havee skin in the game but in the future couldnt say a bank buy a ton of tickets and deciede the fate with negative intentions? And couldnt it become so much for tickets that normal people couldnt afford it

[IncludeBeer]

To start I love the Decred project and think it has a great future, but something i was thinking was that technically lets say the price went up a bunch, with the current ticket voting system couldnt some whales come in buy a ton of tickets and vote for things they know are bad for decred? I know that the point of buying the ticket is that your locking in an amount so you havee skin in the game but in the future couldnt say a bank buy a ton of tickets and deciede the fate with negative intentions? And couldnt it become so much for tickets that normal people couldnt afford it

The short answer: no, such an attack is not really feasible. There's been a number of discussions/thought exercises on that topic, and basically it comes down to "no". The protocol is designed to defend against such things. You have to consider the number of tickets that can be bought in a block, the amount of DCR such an attack would cost, the amount of DCR in circulation, and of course, the difficulty adjustment algo of PoS in and of itself.

Not to mention the very unique manner in which PoW miners and PoS voters create and validate blocks.

[MrSunshine]

To start I love the Decred project and think it has a great future, but something i was thinking was that technically lets say the price went up a bunch, with the current ticket voting system couldnt some whales come in buy a ton of tickets and vote for things they know are bad for decred? I know that the point of buying the ticket is that your locking in an amount so you havee skin in the game but in the future couldnt say a bank buy a ton of tickets and deciede the fate with negative intentions? And couldnt it become so much for tickets that normal people couldnt afford it

The short answer: no, such an attack is not really feasible. There's been a number of discussions/thought exercises on that topic, and basically it comes down to "no". The protocol is designed to defend against such things. You have to consider the number of tickets that can be bought in a block, the amount of DCR such an attack would cost, the amount of DCR in circulation, and of course, the difficulty adjustment algo of PoS in and of itself.

Not to mention the very unique manner in which PoW miners and PoS voters create and validate blocks.

It might be possible if you had unlimited amount of money: hundreds of millions, and it would drive the price of decred shares to the stratosphere. Possible; yes. Feasible or realistic; no.

[Luisjc69]

HELLO Guys,

If i IMPORT my wallet in the website https://wallet.decred.org/ every time is coming network problem

I not do it since more then 3 months...dont know if something change


"Can not update Wallet"....Error at wallet service"

Please, anyone can help about this problem?

I want only to see how much DCR i have, last time was 3 months a go.

Thx so much

Luisa

[metallicelmo]

Is the Decred Paymetheus wallet still supported or not? Or is it replaced by this Decredition wallet?

[MrSunshine]

Is the Decred Paymetheus wallet still supported or not? Or is it replaced by this Decredition wallet?

The wallet is supported for now, but not much further development is expected. Eventually Decredition will be the only supported wallet.

[Veseloff]

Hello! Who is thinking about the prospects of Decred for 2018? So many news and events this year, looking at the road map, we should see a strong increase, is not it?

[esprit577]

Can DCR lock position reward still be able to participate?I'd like to invest in some DCR, then deposit into my wallet.

[metallicelmo]

Is the Decred Paymetheus wallet still supported or not? Or is it replaced by this Decredition wallet?

The wallet is supported for now, but not much further development is expected. Eventually Decredition will be the only supported wallet.

Thanks, I hardly ever use the wallet so I must be sure that it still works when I open it every few months

[Anon11073]

Is the Decred Paymetheus wallet still supported or not? Or is it replaced by this Decredition wallet?

The wallet is supported for now, but not much further development is expected. Eventually Decredition will be the only supported wallet.

Thank you, I used Paymetheus Wallet until now, but I think I will switch to Decredition Wallet soon.

Can you tell me the big difference between Paymetheus Wallet and Decredition Wallet?
Are there any caveats for migration?

[gghost]

Is the Decred Paymetheus wallet still supported or not? Or is it replaced by this Decredition wallet?

The wallet is supported for now, but not much further development is expected. Eventually Decredition will be the only supported wallet.

Thank you, I used Paymetheus Wallet until now, but I think I will switch to Decredition Wallet soon.

Can you tell me the big difference between Paymetheus Wallet and Decredition Wallet?
Are there any caveats for migration?

I migrated from Paymetheus to the Decredition wallet some months ago primarily because I was looking for better staking control and am very happy I did so. As long as you have your seed words you can always regenerate your wallet.

[gghost]

Has anyone else noticed the curious trend in cryptocurrency prices right now where the value of the lowest priced coins is growing by the largest % despite them having a huge coin supply? To me this says that the cryptocurrency space is overflowing with inexperienced traders/investors who have no idea what market cap is or how it's calculated. FOMO fever is the only explanation for this. People just hearing about cryptocurrency feel like they missed the boat on bitcoin and are trying to catch the next big thing. These are the same people who think that they need to be able to afford a whole coin. Take Cardano for example.. at a price of ~$1 it seems like a steal and people like owning a whole coin of something instead of a small fraction of a bitcoin, but then you look closer and see that there is a whopping 25,927,070,538 ADA.  That's about 1500x more coins than bitcoin! In a rational market scarcity is what drives up price and many of these coins have billions yet this market seems to be unable to do basic math and rewards it! Crazy.

Why is this relevant to Decred?

Decred ($109, 6,491,330 DCR) has the smallest circulating supply of the top 50 coins with the exception of only Veritaseum ($377, 2,036,645 VERI) and ZCash ($578, 2,948,644). (Bitconnect doesn't count because it is a ponzi scheme) Now cut the circulating Decred coin supply in half due to them being locked up in POS mining. On this simple metric alone the price of Decred in the current market landscape should be so much higher. If and when this irrational market we find ourselves in ever starts to resemble reality then it will put a smile on Decred holders.

Disclaimer: I don't care about technical analysis or swing trading at all. I only hold coins long term for the projects I believe in. In this case it looks like the Decred price is still at least an order of magnitude lower than it should be.

[Ferdo]

Has anyone else noticed the curious trend in cryptocurrency prices right now where the value of the lowest priced coins is growing by the largest % despite them having a huge coin supply? To me this says that the cryptocurrency space is overflowing with inexperienced traders/investors who have no idea what market cap is or how it's calculated. FOMO fever is the only explanation for this. People just hearing about cryptocurrency feel like they missed the boat on bitcoin and are trying to catch the next big thing. These are the same people who think that they need to be able to afford a whole coin. Take Cardano for example.. at a price of ~$1 it seems like a steal and people like owning a whole coin of something instead of a small fraction of a bitcoin, but then you look closer and see that there is a whopping 25,927,070,538 ADA.  That's about 1500x more coins than bitcoin! In a rational market scarcity is what drives up price and many of these coins have billions yet this market seems to be unable to do basic math and rewards it! Crazy.

Why is this relevant to Decred?

Decred ($109, 6,491,330 DCR) has the smallest circulating supply of the top 50 coins with the exception of only Veritaseum ($377, 2,036,645 VERI) and ZCash ($578, 2,948,644). (Bitconnect doesn't count because it is a ponzi scheme) Now cut the circulating Decred coin supply in half due to them being locked up in POS mining. On this simple metric alone the price of Decred in the current market landscape should be so much higher. If and when this irrational market we find ourselves in ever starts to resemble reality then it will put a smile on Decred holders.

Disclaimer: I don't care about technical analysis or swing trading at all. I only hold coins long term for the projects I believe in. In this case it looks like the Decred price is still at least an order of magnitude lower than it should be.

Agree with everything you said + the disclaimer. Although I do trade a little with small % of portfolio when chance occurs

[Gaman]

I am a new Decred believer.  I see the enormous potential of Decred.  I am wondering, is there a plan to make tokens in Decred like in Ethereum so that private institutions can also leverage on the features like voting?

[Gaman]

Has anyone else noticed the curious trend in cryptocurrency prices right now where the value of the lowest priced coins is growing by the largest % despite them having a huge coin supply? To me this says that the cryptocurrency space is overflowing with inexperienced traders/investors who have no idea what market cap is or how it's calculated. FOMO fever is the only explanation for this. People just hearing about cryptocurrency feel like they missed the boat on bitcoin and are trying to catch the next big thing. These are the same people who think that they need to be able to afford a whole coin. Take Cardano for example.. at a price of ~$1 it seems like a steal and people like owning a whole coin of something instead of a small fraction of a bitcoin, but then you look closer and see that there is a whopping 25,927,070,538 ADA.  That's about 1500x more coins than bitcoin! In a rational market scarcity is what drives up price and many of these coins have billions yet this market seems to be unable to do basic math and rewards it! Crazy.

Why is this relevant to Decred?

Decred ($109, 6,491,330 DCR) has the smallest circulating supply of the top 50 coins with the exception of only Veritaseum ($377, 2,036,645 VERI) and ZCash ($578, 2,948,644). (Bitconnect doesn't count because it is a ponzi scheme) Now cut the circulating Decred coin supply in half due to them being locked up in POS mining. On this simple metric alone the price of Decred in the current market landscape should be so much higher. If and when this irrational market we find ourselves in ever starts to resemble reality then it will put a smile on Decred holders.

Disclaimer: I don't care about technical analysis or swing trading at all. I only hold coins long term for the projects I believe in. In this case it looks like the Decred price is still at least an order of magnitude lower than it should be.

Agree with everything you said + the disclaimer. Although I do trade a little with small % of portfolio when chance occurs

What do you think the long term value should be?

[versprichnix]

I do not find a working dcr explorer. Entering an address into the address field of https://explorer.dcrdata.org/ doesn't show me information as expected. Any hint?

[ocminer]

I do not find a working dcr explorer. Entering an address into the address field of https://explorer.dcrdata.org/ doesn't show me information as expected. Any hint?

https://mainnet.decred.org/

[Anon11073]

Is the Decred Paymetheus wallet still supported or not? Or is it replaced by this Decredition wallet?

The wallet is supported for now, but not much further development is expected. Eventually Decredition will be the only supported wallet.

Thank you, I used Paymetheus Wallet until now, but I think I will switch to Decredition Wallet soon.

Can you tell me the big difference between Paymetheus Wallet and Decredition Wallet?
Are there any caveats for migration?

I migrated from Paymetheus to the Decredition wallet some months ago primarily because I was looking for better staking control and am very happy I did so. As long as you have your seed words you can always regenerate your wallet.

Thank you, you've been so helpful.

Today, I moved from Paymetheus Wallet to Decredition Wallet.
For now, it's easy to use and a good wallet...