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

[dygus]

Why setting another POS pools is so difficult?

[ilia7777]

Hello everybody, I've read the introduction and unfortunately I don't have time to read the entire thread right now. My question is following is there any information anywhere on what would be the business case for Decred. I see a lot of info on technical stuff but I'm curious about the business side. Who is the project targeted for, who are the end users, what are the typical use cases so to say and what is unique about Decred to make it really stand out from other blockchains and currrencies that seem to pop up right now like mushrooms after the rain ? I don't know about others but I just don't mine anything without fundamental understanding of everything behind the currency. The information given in the introduction is clearly not enough. This on the other hand was very informative for me
http://www.coindesk.com/morgan-stanley-positions-stock-medium-term-blockchain-earnings/
Being in charge of foreign markets business development for the third largest money transfer company in the world i really understand what Morgan Stanley analysts  are coming from predicting the future of blockchains. Whether we like it or not the future is for permissioned blockchains as a mainstream financial/settelement related instrument and some public blockchains with what I see to be quite limited uses just because nothing in the world could really go mainstream totally bypassing legislation/compliance/kyc and therefore governments. I want to be wrong on this, I really do. But please tell me more about Decred. I'm sure combining PoW with PoS isn't enough to make it succeed. Lots of respect for ehtical approach to development and self funding so to say, but that again isn't enough.

[bcdf]

Accumulation phase. This is because there are some great news incoming.

YES hopethe price increases , it seems too low atm.

[IncludeBeer]

Hello everybody, I've read the introduction and unfortunately I don't have time to read the entire thread right now. My question is following is there any information anywhere on what would be the business case for Decred. I see a lot of info on technical stuff but I'm curious about the business side. Who is the project targeted for, who are the end users, what are the typical use cases so to say and what is unique about Decred to make it really stand out from other blockchains and currrencies that seem to pop up right now like mushrooms after the rain ? I don't know about others but I just don't mine anything without fundamental understanding of everything behind the currency. The information given in the introduction is clearly not enough. This on the other hand was very informative for me
http://www.coindesk.com/morgan-stanley-positions-stock-medium-term-blockchain-earnings/
Being in charge of foreign markets business development for the third largest money transfer company in the world i really understand what Morgan Stanley analysts  are coming from predicting the future of blockchains. Whether we like it or not the future is for permissioned blockchains as a mainstream financial/settelement related instrument and some public blockchains with what I see to be quite limited uses just because nothing in the world could really go mainstream totally bypassing legislation/compliance/kyc and therefore governments. I want to be wrong on this, I really do. But please tell me more about Decred. I'm sure combining PoW with PoS isn't enough to make it succeed. Lots of respect for ehtical approach to development and self funding so to say, but that again isn't enough.

Everything same as BTC, but with the addition of this:

https://dcrstats.com/articles/understanding-the-value-of-the-decred-dcr-system

So far, the "value" of these things is.... ~$1.60/dcr.

[Praxis]

Hello everybody, I've read the introduction and unfortunately I don't have time to read the entire thread right now. My question is following is there any information anywhere on what would be the business case for Decred. I see a lot of info on technical stuff but I'm curious about the business side. Who is the project targeted for, who are the end users, what are the typical use cases so to say and what is unique about Decred to make it really stand out from other blockchains and currrencies that seem to pop up right now like mushrooms after the rain ? I don't know about others but I just don't mine anything without fundamental understanding of everything behind the currency. The information given in the introduction is clearly not enough. This on the other hand was very informative for me
http://www.coindesk.com/morgan-stanley-positions-stock-medium-term-blockchain-earnings/
Being in charge of foreign markets business development for the third largest money transfer company in the world i really understand what Morgan Stanley analysts  are coming from predicting the future of blockchains. Whether we like it or not the future is for permissioned blockchains as a mainstream financial/settelement related instrument and some public blockchains with what I see to be quite limited uses just because nothing in the world could really go mainstream totally bypassing legislation/compliance/kyc and therefore governments. I want to be wrong on this, I really do. But please tell me more about Decred. I'm sure combining PoW with PoS isn't enough to make it succeed. Lots of respect for ehtical approach to development and self funding so to say, but that again isn't enough.

A currency is a currency. It doesn't need to be something other than a currency.
The only question is, if a crypto-currency offers any significant improvements over the Bitcoin crypto-currency in two fields:
1) tech;
2) governance.
Does Decred offer improvements in both fields: this is a matter of opinion of course, but my opinion is that yes, it does.
We can discuss those two points if you want. But a currency doesn't need to have a "target audience".
Only "scam/shit-coins" do that... "A coin for Trump supporters" - "A coin for My Little Pony enthusiasts" etc.
Or maybe I don't get what you mean exactly by "target audience"?

The target audience is anybody who wants to transfer money from A to B without wanting (to rely on) third-party interference.
That is potentially everyone, if they understand the advantage of this and are able to use the technology in day to day life.

Decred doesn't compete with Counterparty (or Ethereum, Lisk etc.) and related blockchain technolgies so it would be like comparing apples and oranges.

Decred doesn't try to invent something new but improve on the original Bitcoin decentralized crypto-currency idea. Or rather return to the original idea more authentically since we went through the Bitcoin experience and now we're in a better position to have ideas about what are the good and the bad parts about the way BTC is run.

At least that's how I see it, and why I believe in the project.

[jeremy grol]

Decreed and Thecreed are boths doing well.

[Praxis]

Decreed and Thecreed are boths doing well.

It seems "TheCreed" stole the name from Decred (and some other things as well). Please don't put the two in the same category, they are not related in any way.

One thing I wanted to add is that the added value of Decred will come even more in the future because of the RFP model.

[nrvasquez]

The 3 top world currencies will be BTC, ETH, and DCR they will equal 100 Billion dollars in market cap

[forzendiablo]

The 3 top world currencies will be BTC, ETH, and DCR they will equal 100 Billion dollars in market cap

when?

[Beam]

The 3 top world currencies will be BTC, ETH, and DCR they will equal 100 Billion dollars in market cap

when?

Yup, that's what i was also thinking while watching the price falling.
I brought some coins at a high price...... 0.005BTC per decred. But now all i can do is cry and see the price falling and falling.
Comeon pumpers, where are you now?

[bones261]

The 3 top world currencies will be BTC, ETH, and DCR they will equal 100 Billion dollars in market cap

when?

Yup, that's what i was also thinking while watching the price falling.
I brought some coins at a high price...... 0.005BTC per decred. But now all i can do is cry and see the price falling and falling.
Comeon pumpers, where are you now?

If you had taken the effort to learn how to solo stake, you would have mitigated your loses by now, or at least broke even. Of course, this is your very first post, so it's clear you just made this account to post some FUD.
I'm just waiting for my tickets to come in to relieve myself of this bag. It may take a while. Good luck to everyone else. Hope all your dreams come true with this coin.

[mmx888]

My balance is 160, but I can not send 100 out ?

-32603: -22: TX rejected: tried to spend zero value output from input 693439b152
a77da09929273f2b73647fb476b80b17df30b28277762c91047c68, idx 2

why??

[decred]

This development dispatch covers work completed since the Decred v0.1.0 release from April 18th, 2016. Since then, developers have merged 18 pull requests of code into 3 software repositories. During this period, a total of 18 commits occurred in these repositories and represent modifications to the effect of 848 lines of code added to and 275 lines removed from the codebase.

A series of RFP milestones were achieved and paid for from the development subsidy. Milestones paid for include (See: Status and Expenditures):

• RFP-3: Port has been completed (limited milestones) (6ae7950)
• RFP-6: Pool has been successfully tested for 1 week on testnet and configuration verified (x4) (e5bcf90, f9ea04d, e94c540, fc58177)

Binaries: https://github.com/decred/decred-release/releases/tag/v0.1.1

dcrd

• Added a check to disallow by default transactions to be broadcast if the fee per kilobyte is 100x above the minimum (0.01 DCR). This check does not affect other incoming transactions to the node, it only checks transactions going out of the node (124-b7e88f4)
• Added a new RPC command called ticketfeeinfo to provide statistical information about ticket fees per kilobyte for the mempool, recent blocks, and recent difficulty windows (132-41abd20)
• Updated fee calculation (125-a5ca12f), error handling (127-82a0e17), documentation (128-fd40243), and versioning (136-4f8ad73)

dcrwallet

• Fixed the build when using newer versions of the gRPC packages (189-3f411f0)
• Isolated the address pool to prevent excessive address creation (192-4e689d6)
• Fixed an issue where the purchaseticket RPC command would fail if the ticket address or pool address was undeclared, not allowing the user to set the ticket expiry if either was absent (198-0740964)
• Added ability to change the ticket autopurchase frequency and changed the frequency to a default of 1 (can be changed with the command-line argument --ticketbuyfreq=) (201-823bddb)
• Fixed an issue that prevented Paymetheus from starting properly (203-b28ae9a)
• Updated dust calculation (193-df0af6e), fee calculation (194-5d77ddb), documentation (195-2a1e04c, 208-0bcc487), index scan length (196-38cdae0), user prompts (202-8ed9a8c), and versioning (209-c5e47fb)

dcrrpcclient

• Updated documentation (13-c69fe51)

[pallas]

thanks for the update!

[ilia7777]

A currency is a currency. It doesn't need to be something other than a currency.
The only question is, if a crypto-currency offers any significant improvements over the Bitcoin crypto-currency in two fields:
1) tech;
2) governance.
Does Decred offer improvements in both fields: this is a matter of opinion of course, but my opinion is that yes, it does.
We can discuss those two points if you want. But a currency doesn't need to have a "target audience".
Only "scam/shit-coins" do that... "A coin for Trump supporters" - "A coin for My Little Pony enthusiasts" etc.
Or maybe I don't get what you mean exactly by "target audience"?

The target audience is anybody who wants to transfer money from A to B without wanting (to rely on) third-party interference.
That is potentially everyone, if they understand the advantage of this and are able to use the technology in day to day life.

Decred doesn't compete with Counterparty (or Ethereum, Lisk etc.) and related blockchain technolgies so it would be like comparing apples and oranges.

Decred doesn't try to invent something new but improve on the original Bitcoin decentralized crypto-currency idea. Or rather return to the original idea more authentically since we went through the Bitcoin experience and now we're in a better position to have ideas about what are the good and the bad parts about the way BTC is run.

At least that's how I see it, and why I believe in the project.

This is all fine but there needs to be a driver for mass adoption of Decred and I don't quite see what the driver is going to be. If bitcoin infrastructure is going to technically collapse and ethereum proves to be technical utopia may be.  If one currency/infrastructure already has mass adoption you could copy and improve on it all day long but its not going to trigger mass adoption for you. Paypal had to give out 80 million dollars of real cash to people to get the initial use base. Ethereum spectacular rise was financed by bitcoin owners and when people sell ETH BTC goes up because this money simply moves back. For the same thing to happen to DCR it has to have unique sex appeal which I just don't see so far. Technical improvements and improved goverance is not gonna do it, sorry guys I don't buy it. But I may be wrong please convince me otherwise. I like the Claymore miner that mines DCR without reducing the speed of ETH mining. I wonder who the developer is and why he believes in DCR so much to spend time developing it. Anybody has some info on him ?

[ocminer]

This development dispatch covers work completed since the Decred v0.1.0 release from April 18th, 2016. Since then, developers have merged 18 pull requests of code into 3 software repositories. During this period, a total of 18 commits occurred in these repositories and represent modifications to the effect of 848 lines of code added to and 275 lines removed from the codebase.

A series of RFP milestones were achieved and paid for from the development subsidy. Milestones paid for include (See: Status and Expenditures):

• RFP-3: Port has been completed (limited milestones) (6ae7950)
• RFP-6: Pool has been successfully tested for 1 week on testnet and configuration verified (x4) (e5bcf90, f9ea04d, e94c540, fc58177)

Binaries: https://github.com/decred/decred-release/releases/tag/v0.1.1

dcrd

• Added a check to disallow by default transactions to be broadcast if the fee per kilobyte is 100x above the minimum (0.01 DCR). This check does not affect other incoming transactions to the node, it only checks transactions going out of the node (124-b7e88f4)
• Added a new RPC command called ticketfeeinfo to provide statistical information about ticket fees per kilobyte for the mempool, recent blocks, and recent difficulty windows (132-41abd20)
• Updated fee calculation (125-a5ca12f), error handling (127-82a0e17), documentation (128-fd40243), and versioning (136-4f8ad73)

dcrwallet

• Fixed the build when using newer versions of the gRPC packages (189-3f411f0)
• Isolated the address pool to prevent excessive address creation (192-4e689d6)
• Fixed an issue where the purchaseticket RPC command would fail if the ticket address or pool address was undeclared, not allowing the user to set the ticket expiry if either was absent (198-0740964)
• Added ability to change the ticket autopurchase frequency and changed the frequency to a default of 1 (can be changed with the command-line argument --ticketbuyfreq=) (201-823bddb)
• Fixed an issue that prevented Paymetheus from starting properly (203-b28ae9a)
• Updated dust calculation (193-df0af6e), fee calculation (194-5d77ddb), documentation (195-2a1e04c, 208-0bcc487), index scan length (196-38cdae0), user prompts (202-8ed9a8c), and versioning (209-c5e47fb)

dcrrpcclient

• Updated documentation (13-c69fe51)

Suprnova has been updated

[demetermay]

Hi, I keep getting the "Error querying the blockchain" whenever I try to withdraw some DCR from the web wallet. It's been like this for over two days, after withdrawing a few coins to bittrex. It's getting ridiculous

So I went and downloaded the latest binary for Windows, followed the specs to the exact letter from the front page sticky thread, imported the seed key from the web wallet, and it keeps telling me my balance is zero and that it can't create a wallet address

-4: Address pools for account 0 are undeclared

Any help, please? Preferably ELI5 for the web wallet

[raetsch]

Hi, I keep getting the "Error querying the blockchain" whenever I try to withdraw some DCR from the web wallet. It's been like this for over two days, after withdrawing a few coins to bittrex. It's getting ridiculous

So I went and downloaded the latest binary for Windows, followed the specs to the exact letter from the front page sticky thread, imported the seed key from the web wallet, and it keeps telling me my balance is zero and that it can't create a wallet address

-4: Address pools for account 0 are undeclared

Any help, please? Preferably ELI5 for the web wallet

which unit did you try it, dbits or DCR?
try it with dcr if you are on dbits.

[1337leet]

What's going on with the new version of cgminer?
Any news or did I miss the launch?

[Abou Talha]

The 3 top world currencies will be BTC, ETH, and DCR they will equal 100 Billion dollars in market cap

And XRP, LISK...