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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1201066 times)
adam2312
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January 12, 2016, 03:58:20 AM
 #541

I'm for a more diversified distribution of decision-making power, as appears to be the case here. Currently running an S7 for BTC and eager to support the proposed Decred project with both hash power and community involvement. I'll look to the Decred homepage for additional instructions on setting up my compatible hardware for mining.
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MickGhee
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January 12, 2016, 06:07:55 AM
 #542

man u guys i am so excited that this is happeneing and i can be a part of it.  its going to be the biggest coin in a long while. you can count on me to make sure EVERYONE knows about  this and that this will go over BIG!

Last night, while you were sleeping. I fucked the system!
Ch3wbacca
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January 12, 2016, 07:09:38 AM
 #543

So much inevitable greed over here.

But it has to be this way as money is what moves the world and motivates even the peasant..

PM me if you wish for me to advertise you
ozboy2014
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January 12, 2016, 07:11:28 AM
 #544

5000 participants capped.. how many coins do you think each participant will receive from airdrop? Which exchange will Decred be launching at?
mladen00
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January 12, 2016, 07:12:49 AM
 #545

5000 participants capped.. how many coins do you think each participant will receive from airdrop? Which exchange will Decred be launching at?

168 coins to each participant

21000000*0,04/5000

IOTA
ozboy2014
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January 12, 2016, 07:17:24 AM
 #546

5000 participants capped.. how many coins do you think each participant will receive from airdrop? Which exchange will Decred be launching at?

168 coins to each participant

21000000*0,04/5000
Ok. thanks.
Colonel Crouton
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January 12, 2016, 07:39:58 AM
 #547

So much inevitable greed over here.

But it has to be this way as money is what moves the world and motivates even the peasant..



Look at Socrates. I guess you live on the street, are barely clothed, and eat only food that has fallen from trees. Anything more would be greedy.

Ten-Hut!
altcointrader25
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January 12, 2016, 07:45:24 AM
 #548

Watching this thread and looking forward to updates!

https://1broker.com/m/r.php?i=8768https://www.bitfinex.com/?refcode=JuvbcI1CzIhttps://www.bitmex.com/register/f1qY9qhttps://www.okcoin.com/?invid=2076079https://simplefx.com/?sfx-r=fb817c64-a4af-4d28-9d5e-8eb918121483https://bit4x.com/invite/2c724af5https://localbitcoins.com/?ch=4vi3https://www.quadrigacx.com/?ref=jsmu1vwd8mir1a35fa67ogwbhttps://primedice.com/?ref=CarlJeffhttps://purse.io/?_r=B2Z_KK
Ch3wbacca
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January 12, 2016, 07:57:51 AM
 #549

So much inevitable greed over here.

But it has to be this way as money is what moves the world and motivates even the peasant..



Look at Socrates. I guess you live on the street, are barely clothed, and eat only food that has fallen from trees. Anything more would be greedy.


I wasn't talking from that point of view..

I was talking from the point of view about thinking about the technology behind Decred and what impact it can have. The majority won't focus on that but "how big it can get".

This is normal and expected, and am more keen on what this project will bring to the table.

PM me if you wish for me to advertise you
1btcdream
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January 12, 2016, 08:03:35 AM
 #550

I've successfully submitted my application now positively hoping I get accepted in airdrop.  Smiley
decred (OP)
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January 12, 2016, 08:27:59 AM
 #551

Decred,

Why 5000 airdrop participants only?

The 5k hard cap on participants stem from a few places: (1) include as many contributors to the project as possible so as to spread Decred's network as far and wide as possible from day 1, (2) have everyone receive more than 100 coins no matter how many people join the project (~168 at 5k participants), (3) keep the logistical challenge of reviewing each application individually under control, so the project can deliver what it has put forward in reasonable time with as few delays as possible. Point (1) can be viewed as a balance against the realities of the cost of developing Decred (since April, 2014) - you don't pay for the devs' effort, it's their cross to bear, which is why they are made to pay for any coins they get and you get them for free.

What if there are 5059 GOOD applicants? What process do you have to eject 59 GOOD, (but not needed) applicants?

The process is first-come, first-served - assuming you are approved as an applicant. No approved applicant will be excluded at the expense of new participants. The only exception to this is if it's discovered an approved participant was fraudulent in their application. Every effort is made to circumvent this, which is also why each application receives individual attention.

How many applicants do you have now?

This project is about openness and transparency. However, it also has a duty of care and responsibility toward those who have put faith in it by submitting an application to join this effort. Many people have applied and are interested in what's being proposed here, but cannot necessarily have public association with Decred - that is understood and will be upheld.

The only reason a number hasn't been made public yet is to be principled in communication about the airdrop participants. It sets a standard of privacy that the project will uphold about its participants. Having said that, it does not set a good standard to have information about the number of airdrop participants scattered all over different platforms at different points in time - this will lead to misinformation and misreporting in the future. There will be a single release of information once airdrop has concluded and once the information has been compiled properly. It will be in the form of general statistical information about the number of participants. What has been said, so it is repeated here, is that participants have come from over 100 different countries to date.

What effect will a lack of successful applicants have on the c0 centralisation effect, and PoS rewards, amongst other things?

The number of airdrop participants relate to the number of participants in the network from mainnet launch, who may not necessarily contribute through PoW mining - it's an opportunity for anyone to have a voice and be part of the project regardless of their standing (so long as they are contributors). The more people involved in a constructive way, the easier it becomes to keep things in check. Please see this post for detailed information regarding c0/devs' role in the network under various scenarios (please also see the attached spreadsheet in that post for detailed subsidy projections).

Under what circumstance will less than 5000 applicants be included in the airdrop?

If less than 5k people are approved and generate their addresses, less than 5k participants will join the network from the airdrop. All approved participants will be included so long as the cap isn't reached.

How can the (presumed) 5000 successful applicant be verified by us to be real individuals? Do we have to trust you to tell us the truth on that?

Individual participant information will never be made available. That is a complete violation of privacy. You have to judge the project by its actions. There are reasonable compromises that must be made. If the project asked for your money to be part of the airdrop, it would be reasonable for you to burn each person responsible for getting this off the ground at the stake. All that is asked of you is some time, a contributory and constructive (but critical) mindset, and an interest in building something together that the project and many that have joined feel can be improved on as a collective. Since the project will not violate individual privacy, it is a reasonable compromise to trust - if you are so inclined - that every reasonable effort is made to verify each applicant and include them accordingly if they are valid and contributory.
indiemax
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January 12, 2016, 08:31:25 AM
 #552

Dev has already made it clear: register your bitcointalk profile and a vlaid email address for the airdrop. Stop whinning about it and do it and see what happens. Good luck to all.

Sorry, I seem to have got the wrong impression.

I thought this was a serious coin for young upcoming devs to work and be paid, maybe even a few oldie devs, if they can deliver.

I thought it was run by a company who wanted to include all. Now, due to my effort in analysis, I should stop "whinging".

If anyone want to offer real counter argument, I will read. With interest. This (above post) is just bs in this situation.
The (probable/debatable) outcome doesn't match the brief here!

If the team here want to offer me airdrop coin, I'm listening...




Here are the air drop criteria, if you feel you are seriously contributing as set out below, then apply  Grin

In an effort to create balance in the network distribution of Decred, a cryptocurrency airdrop was created for anyone who wants to participate in the development of the project.
 
The airdrop distribution represents 4% of the total Decred supply and will be equally and unconditionally distributed to valid participants.
 
Participation is open to anyone with progress in mind, however, the developers must be able to identify the Internet identity of participants to avoid abuse of the airdrop initiative. If you have contributed to the advancement of technology in its many forms, plan to, or are keen to participate in Decred, please ensure your URL links to material that demonstrates this.



fartbags
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January 12, 2016, 08:31:31 AM
 #553

5000 participants capped.. how many coins do you think each participant will receive from airdrop? Which exchange will Decred be launching at?

168 coins to each participant

21000000*0,04/5000
Ok. thanks.


That's hilarious that you think a new cryptocoin launched on bitcointalk in 2016 could ever get 5000 users.


fartbags
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January 12, 2016, 08:34:21 AM
 #554



I think I've seen this same idea for a coin launched at least 10 different times in the last year. What will make this coin different?


raetsch
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January 12, 2016, 08:35:18 AM
 #555

5000 participants capped.. how many coins do you think each participant will receive from airdrop? Which exchange will Decred be launching at?

168 coins to each participant

21000000*0,04/5000
Ok. thanks.


That's hilarious that you think a new cryptocoin launched on bitcointalk in 2016 could ever get 5000 users.



interesting point of view.


litecred airdrop yesterday filled 500 participants in 26minutes. so i guess 5k will be reached (no, not in 5 hours...).
decred (OP)
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January 12, 2016, 08:44:09 AM
 #556

litecred airdrop yesterday filled 500 participants in 26minutes. so i guess 5k will be reached (no, not in 5 hours...).

The project has had no contact from Litecred, so nobody has any knowledge of what that's about. Everyone is encouraged to look at every piece of information critically and judge it based on that. It would be irresponsible if that isn't said, and stressed, so please be aware and ask if you're unsure.
raetsch
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January 12, 2016, 08:54:19 AM
 #557

i don't wanted to build a link or something else.
i just wanted to say, that new coins and airdrops always gain some attention, some more, some less.

and the litecred point was just an example, how much attention is possible.
decred (OP)
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January 12, 2016, 08:58:07 AM
 #558

i don't wanted to build a link or something else.
i just wanted to say, that new coins and airdrops always gain some attention, some more, some less.

and the litecred point was just an example, how much attention is possible.

Oh no, it wasn't an accusation of linking to anything. The name seemed to resemble Decred, so it had to be said that there is no association - worried about users getting confused, if it's not made clear. It's appreciated that you brought it up.
edmundduke
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January 12, 2016, 10:22:46 AM
 #559

The 5000 cap makes a lot of sense. It will help to keep the amount of coins per signup at a reasonable level and wont reduce it to dust. I find it pretty unlikely that 5000 will sign up tho as it really is a big number. Maybe i am underestimating the crypto scene but we will find out soon enough!
indiemax
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January 12, 2016, 11:40:13 AM
 #560

Will you be applying to Shapeshift to see if you can get it added?

For those who don't like the exchanges it does offer a quick and safe way to purchase
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