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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1201048 times)
gtzanap
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February 28, 2018, 09:46:12 AM
 #9701


So, for the block validity question: that's done programmatically. Yes, PoS votes get the final say if a block is valid or not. This isn't something that someone running the node has to actually make a decision on for every single block. There is logic which can be defined such that if certain preconditions for a block are met, you as the PoS miner will "choose" not to include it. Also, I'm pretty sure you still get a vote reward even if the block doesn't become part of the main chain (someone correct me if I'm wrong).


OK. But if it's done programmatically and the rules are the same for all nodes, shouldn't they all always vote the same? I mean all 5 (I think it's 5 per block) voters would be expected to have yes or no on the block. Is it possible to have a split decision, like 3 to 2 votes? If yes, how is that possible unless the voters follow different rules?

If your ticket is called on a block and that block gets orphaned, you lose the reward (as the block is simply not in the chain). The ticket gets refunded of course. I recently noticed it happen on my local staking wallet, unless I misinterpreted what I saw.

I assume that blocks rejected due to PoS voting become orphan.

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.SEMUX
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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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BivanF
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February 28, 2018, 02:33:49 PM
 #9702

i have read some page's about DCR but how is the POS part working , you need to buy a ticket before you can stake? , and if how much DCR for a ticket?

wish i had bought some earlier
FNietzsche
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February 28, 2018, 03:34:06 PM
 #9703

Great post written by Panama Crypto!

https://medium.com/@Panama_TJ/decred-q-a-7651b14fcb7d Smiley
Ferdo
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February 28, 2018, 06:12:20 PM
 #9704

i have read some page's about DCR but how is the POS part working , you need to buy a ticket before you can stake? , and if how much DCR for a ticket?

wish i had bought some earlier

You can find all stats here:
https://dcrstats.com/

Current ticket price is 83.96 DCR
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February 28, 2018, 06:23:07 PM
Merited by iCEBREAKER (1)
 #9705

2018 Decred Roadmap is live! Grin

https://twitter.com/decredproject/status/968912935593521152

https://blog.decred.org/2018/02/28/2018-Decred-Roadmap/

IncludeBeer
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March 01, 2018, 02:27:14 AM
 #9706


So, for the block validity question: that's done programmatically. Yes, PoS votes get the final say if a block is valid or not. This isn't something that someone running the node has to actually make a decision on for every single block. There is logic which can be defined such that if certain preconditions for a block are met, you as the PoS miner will "choose" not to include it. Also, I'm pretty sure you still get a vote reward even if the block doesn't become part of the main chain (someone correct me if I'm wrong).


OK. But if it's done programmatically and the rules are the same for all nodes, shouldn't they all always vote the same? I mean all 5 (I think it's 5 per block) voters would be expected to have yes or no on the block. Is it possible to have a split decision, like 3 to 2 votes? If yes, how is that possible unless the voters follow different rules?

If your ticket is called on a block and that block gets orphaned, you lose the reward (as the block is simply not in the chain). The ticket gets refunded of course. I recently noticed it happen on my local staking wallet, unless I misinterpreted what I saw.

I assume that blocks rejected due to PoS voting become orphan.

The important thing to note: the code is open source. The scenario would be something like: user pulls down the source, makes some edits that would allow them to do (x,y,z), and then they build that code and run it on their node. Now their consensus rules might be different from the typical user: thus other voters might decide to not include transactions broadcasted by that "bad actor" node in the blockchain.

Otherwise, yes, the assumption is, all nodes come to the same consensus on the validity of a given block. That's only the "rule" though, there could be exceptions. Generally in the blockchain world, "consensus" means >50% of the nodes agree on the validity of a given block.

I'm pretty sure you get PoS reward as long as your ticket is called to vote. Whether or not the block is valid is a separate matter. This already happens in Ethereum, for instance. Orphaned blocks (Uncles) pay out a smaller block reward to the miner that solved the block, but they still pay out.

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
iCEBREAKER
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Crypto is the separation of Power and State.


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March 01, 2018, 07:31:09 AM
 #9707


Great stuff, thanks for posting the links.

Quote
Decred has continued with its approach of generating deliverables before hyping them, despite many other projects in the space continuing to relentlessly hype their work far in advance of generating deliverables or focusing on exchange listings in lieu of doing any substantive work.

That reminds me of Dash and the urban legend about its Evolution vaporware!  Cheesy


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
Wind_FURY
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March 02, 2018, 07:07:29 AM
 #9708


Great stuff, thanks for posting the links.

Quote
Decred has continued with its approach of generating deliverables before hyping them, despite many other projects in the space continuing to relentlessly hype their work far in advance of generating deliverables or focusing on exchange listings in lieu of doing any substantive work.

That reminds me of Dash and the urban legend about its Evolution vaporware!  Cheesy

Plus look! There are people dumping their coins, not wanting them anymore. Are they dirty? There's only one move to do. Buy the dip and scoop them up! Hahaha.

When will they learn? They don't see anything good even if it's right there in front of them.  Lips sealed

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marinabushneva
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March 02, 2018, 07:49:18 PM
 #9709

A large number of ironic jokes are not adorned with this project. All are not perfect, you have to be kinder
gtzanap
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March 03, 2018, 08:03:46 PM
 #9710


Plus look! There are people dumping their coins, not wanting them anymore. Are they dirty? There's only one move to do. Buy the dip and scoop them up! Hahaha.

When will they learn? They don't see anything good even if it's right there in front of them.  Lips sealed

What dip? The decred price is actually holding on quite well given the rising bitcoin dominance and the stable total market cap. The top coins are bleeding.

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.SEMUX
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  Semux uses 100% original codebase
  Superfast with 30 seconds instant finality
  Tested 5000 tx per block on open network
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Joe-Niner
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March 03, 2018, 11:57:49 PM
 #9711

So what's the next big thing to be excited about with this coin?  I haven't checked on it in awhile.  In a very long while actually.
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March 04, 2018, 12:49:22 AM
 #9712

So what's the next big thing to be excited about with this coin?  I haven't checked on it in awhile.  In a very long while actually.


Got a song  https://www.youtube.com/watch?v=9jlHSU8fZio
Wind_FURY
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March 04, 2018, 06:14:47 AM
 #9713


Plus look! There are people dumping their coins, not wanting them anymore. Are they dirty? There's only one move to do. Buy the dip and scoop them up! Hahaha.

When will they learn? They don't see anything good even if it's right there in front of them.  Lips sealed

What dip? The decred price is actually holding on quite well given the rising bitcoin dominance and the stable total market cap. The top coins are bleeding.

I am looking at DCR/BTC, not DCR/USD. Decred is in a dip from its highs, and it is now hovering on .00071 and near it. Please refer to the chart.

I believe that's a good opportunity to pick up more coins. Hehehe.

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Maicol792
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March 04, 2018, 06:46:13 AM
 #9714

So what's the next big thing to be excited about with this coin?  I haven't checked on it in awhile.  In a very long while actually.


Got a song  https://www.youtube.com/watch?v=9jlHSU8fZio

Congratulation for the song Smiley
voteformeg
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March 04, 2018, 06:56:34 AM
 #9715


Great stuff, thanks for posting the links.

Quote
Decred has continued with its approach of generating deliverables before hyping them, despite many other projects in the space continuing to relentlessly hype their work far in advance of generating deliverables or focusing on exchange listings in lieu of doing any substantive work.

That reminds me of Dash and the urban legend about its Evolution vaporware!  Cheesy

Plus look! There are people dumping their coins, not wanting them anymore. Are they dirty? There's only one move to do. Buy the dip and scoop them up! Hahaha.

When will they learn? They don't see anything good even if it's right there in front of them.  Lips sealed
there could be a lot off reasons why any would sell their DCR , i am not saying that it is a wise decision but i also sold some ( good ) DCR because an other opportunity walks by , sometimes you have to leave what is good for something better ( at that moment ) , but don't forget to buy back your good DCR
lhflyfeihong01
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March 04, 2018, 07:05:58 AM
 #9716

Great team,great project!
2 years passed away,I am amazing about the Decred's growing!
There are many fans of the Decred in Chinese and I see more and
more guys join in the community!
I am so regretful about that I have not growing with Decred.
I would invest some money in buying and holding the Decred!
EmilioMann
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#mitandopelomundo


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March 04, 2018, 04:53:49 PM
 #9717

So what's the next big thing to be excited about with this coin?  I haven't checked on it in awhile.  In a very long while actually.


Got a song  https://www.youtube.com/watch?v=9jlHSU8fZio


RYXES
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Merit me or don't.


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March 04, 2018, 05:00:23 PM
 #9718

So what's the next big thing to be excited about with this coin?  I haven't checked on it in awhile.  In a very long while actually.


Got a song  https://www.youtube.com/watch?v=9jlHSU8fZio




Good news!

Merit me or don't.
HP Guy
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March 04, 2018, 05:02:23 PM
 #9719

What is the main purpose of your project?
EmilioMann
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#mitandopelomundo


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March 04, 2018, 11:43:33 PM
 #9720

What is the main purpose of your project?

https://docs.decred.org/

https://decred.org

decentralized governance
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