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

[myagui]

In protest towards a single PoW pool continuously operating at > 50% of the nethash, I'm switching to votebits 0 for now.
Kindly ask that some PoW miners consider switching to a smaller pool.

The problem is that ocminer has the pool source and hasn't release it to the public.  If we could convince him to do this, we could have more even hashrate distribution.  I reached out to him about this a few days ago but have not gotten a response.  If others feel inclined to plead for his mercy, please do so.

I think myself and a few others might join you on your protest.  Between us, we have 1000's of tickets.

Maybe I missed some point you were making there dbt1033, but suprnova is one of the smaller PoW pools at the moment, has mostly been well under 15%. Coinmine.pl on the other hand, has usually well over 60% (checking right this instant, dcrstats shows it having 75% of the nethash). There's at least some 7 PoW pools for people to spread out their hashes already, so I don't think that the pool sources are missing generally speaking...

I do appreciate any joiners to this protest though! 

[jwinterm]

In protest towards a single PoW pool continuously operating at > 50% of the nethash, I'm switching to votebits 0 for now.
Kindly ask that some PoW miners consider switching to a smaller pool.

The problem is that ocminer has the pool source and hasn't release it to the public.  If we could convince him to do this, we could have more even hashrate distribution.  I reached out to him about this a few days ago but have not gotten a response.  If others feel inclined to plead for his mercy, please do so.

I think myself and a few others might join you on your protest.  Between us, we have 1000's of tickets.

Maybe I missed some point you were making there dbt1033, but suprnova is one of the smaller PoW pools at the moment, has mostly been well under 15%. Coinmine.pl on the other hand, has usually well over 60% (checking right this instant, dcrstats shows it having 75% of the nethash). There's at least some 7 PoW pools for people to spread out their hashes already, so I don't think that the pool sources are missing generally speaking...

I do appreciate any joiners to this protest though! 

Not mining ATM, but when I get home I'll buy some tickets on stakepool.eu

[solix]

I know everyone says this about every bag they hold... but Decred might be the most undervalued project and one of my top 3 favorite coins right now. I have spent years crawling crypto projects, codebases, dev teams, etc. If BTC continues to languish, having a drop in replacement for existing BTC APIs and ecosystem tooling with superior hashing, fungibility improvements, LN, well tested code, good GUIs, company (aka. not one man show), established delivery, RFP process, transparency, good governance, democratic DAO hard forking model, "smart" smart contract proposal (I checked out github strawman), you guys know I can keep going.... seems like a no brainer. I'm definitely buying here boys, and I have pretty much every bag and wallet on CMC.

That 2017 roadmap was incredible, and the more I keep up with this project the more I'm impressed.

[dbt1033]

In protest towards a single PoW pool continuously operating at > 50% of the nethash, I'm switching to votebits 0 for now.
Kindly ask that some PoW miners consider switching to a smaller pool.

The problem is that ocminer has the pool source and hasn't release it to the public.  If we could convince him to do this, we could have more even hashrate distribution.  I reached out to him about this a few days ago but have not gotten a response.  If others feel inclined to plead for his mercy, please do so.

I think myself and a few others might join you on your protest.  Between us, we have 1000's of tickets.

Maybe I missed some point you were making there dbt1033, but suprnova is one of the smaller PoW pools at the moment, has mostly been well under 15%. Coinmine.pl on the other hand, has usually well over 60% (checking right this instant, dcrstats shows it having 75% of the nethash). There's at least some 7 PoW pools for people to spread out their hashes already, so I don't think that the pool sources are missing generally speaking...

I do appreciate any joiners to this protest though!  

He's the one who developed the pool code...  Just saying that it's closed source and that if there were more pools maybe ppl would distribute hash more evenly...

But yeah... PoW guys get it together please

[proletariat]

I don't see a reason for jumping into a pool with the most stake miners. I was under impression that it wasn't like POW where the more hash gets the more frequent rewards. in other words no incentive to be in X pool unless the fees are lower. So roi is not taking a hit by spreading tickets to smaller pools. Could be wrong though and if that's the case I'd appreciate it if someone would let me know.

Been on stakepool.eu for a while and have had zero issues so far. noob friendly. Myagui was very patient.

[dbt1033]

I don't see a reason for jumping into a pool with the most stake miners. I was under impression that it wasn't like POW where the more hash gets the more frequent rewards. in other words no incentive to be in X pool unless the fees are lower. So roi is not taking a hit by spreading tickets to smaller pools. Could be wrong though and if that's the case I'd appreciate it if someone would let me know.

Been on stakepool.eu for a while and have had zero issues so far. noob friendly. Myagui was very patient.

Talking about PoW miners, not PoS (PoA) miners

[proletariat]

I don't see a reason for jumping into a pool with the most stake miners. I was under impression that it wasn't like POW where the more hash gets the more frequent rewards. in other words no incentive to be in X pool unless the fees are lower. So roi is not taking a hit by spreading tickets to smaller pools. Could be wrong though and if that's the case I'd appreciate it if someone would let me know.

Been on stakepool.eu for a while and have had zero issues so far. noob friendly. Myagui was very patient.

Talking about PoW miners, not PoS (PoA) miners

I know, just making a point and following up on centralization also a couple of posts above, ticket buying was mentioned.

[dbt1033]

I don't see a reason for jumping into a pool with the most stake miners. I was under impression that it wasn't like POW where the more hash gets the more frequent rewards. in other words no incentive to be in X pool unless the fees are lower. So roi is not taking a hit by spreading tickets to smaller pools. Could be wrong though and if that's the case I'd appreciate it if someone would let me know.

Been on stakepool.eu for a while and have had zero issues so far. noob friendly. Myagui was very patient.

Talking about PoW miners, not PoS (PoA) miners

I know, just making a point and following up on centralization also a couple of posts above, ticket buying was mentioned.

Ahh ok, word.

[thefix]

So as I understand it if you miss a ticket the Decred amount will be refunded back to your wallet eventually?

Has anyone else missed a ticked and if so how long did it take to receive your decred back into your wallet?

I do not have the time anymore to mess with an overly complex POS system mostly because I am too much of an idiot to be involved with decred

[Praxis]

So as I understand it if you miss a ticket the Decred amount will be refunded back to your wallet eventually?

Correct. You don't lose anything, except the transaction fee (which is usually between 0.01 and 0.1)

Has anyone else missed a ticked and if so how long did it take to receive your decred back into your wallet?

On average your tickets are locked 28 days I believe, if that's what you're asking?

I do not have the time anymore to mess with an overly complex POS system mostly because I am too much of an idiot to be involved with decred

You're not. I thought I was, too, but you'll learn how to use it, just give yourself a chance and try, reading the documentation. It's not as hard as it seems.

[thefix]

So as I understand it if you miss a ticket the Decred amount will be refunded back to your wallet eventually?

Correct. You don't lose anything, except the transaction fee (which is usually between 0.01 and 0.1)

Has anyone else missed a ticked and if so how long did it take to receive your decred back into your wallet?

On average your tickets are locked 28 days I believe, if that's what you're asking?

I do not have the time anymore to mess with an overly complex POS system mostly because I am too much of an idiot to be involved with decred

You're not. I thought I was, too, but you'll learn how to use it, just give yourself a chance and try, reading the documentation. It's not as hard as it seems.

I appreciate the quick response and you answered my question perfectly.  Thank you

I am glad I am not the only one that felt a bit frustrated with getting a full node POS wallet setup

I do appreciate this community so I may give it another chance when I am feeling less frustrated

Thanks again for the info

[myagui]

Much appreciated jwinterm & proletariat!

[gtzanap]

Has anyone else missed a ticked and if so how long did it take to receive your decred back into your wallet?

I do not have the time anymore to mess with an overly complex POS system mostly because I am too much of an idiot to be involved with decred

I have missed one ticket. IIRC, once you miss it, the amount becomes immature and becomes spendable within 24hrs, much like if you hadn't missed it. Only difference is you don't get the reward.
If I am mistaken, it may be that you get your money back even faster than 24hrs but certainly not more

If you are running a full node and want to stake, I have a few batch files to help me buy tickets manually and get reports on the balances. I just click on them, supply parameters and they work
If you or anybody wants them, just ask.

Be aware though, you need to be running the wallet and client all the time or you will be missing tickets

[thefix]

Has anyone else missed a ticked and if so how long did it take to receive your decred back into your wallet?

I do not have the time anymore to mess with an overly complex POS system mostly because I am too much of an idiot to be involved with decred

I have missed one ticket. IIRC, once you miss it, the amount becomes immature and becomes spendable within 24hrs, much like if you hadn't missed it. Only difference is you don't get the reward.
If I am mistaken, it may be that you get your money back even faster than 24hrs but certainly not more

If you are running a full node and want to stake, I have a few batch files to help me buy tickets manually and get reports on the balances. I just click on them, supply parameters and they work
If you or anybody wants them, just ask.

Be aware though, you need to be running the wallet and client all the time or you will be missing tickets

    Thank you for the information, its been about a week and I haven't seen anything yet.

Its possible I did something wrong when purchasing the ticket or I am just not looking in the correct place.

I am running everything on one linux server and had an issue with the machine locking up with the clients running.

I am debating running two machines with a hot and cold wallet like mentioned in the documentation

Last resort is to use a stake pool or possibly exit before I waste more time and decred

[dbt1033]

Announcement in like 30 minutes 

https://twitter.com/decredproject/status/824422102027669509

[mikhael]

Announcement in like 30 minutes 

https://twitter.com/decredproject/status/824422102027669509

DCR price surging I wonder what it is all about. Very excited!

[magaura]

so?

[Genesis1337]

https://twitter.com/decredproject/status/824437323634991110

can someone explain to me what this means? lol

[dbt1033]

The truth is deeper than it seems.  Begin.

[IncludeBeer]

Enjoying the pump  Won't be long till $100!