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

[Penttikuisma]

How long is the DCR locked when I use PoS with a stake-pool?
What are the expected returns?
Do I have to reclaim my DCR when it is in PoS or will it get "unlocked" after a certain amount of time?

About 4,8 months max, when ticket revokes and coins return spendable (without reward in that case) but the average time is around 30 days.  Reward is 1.5648 right now. Majority of tickets will vote before 4,8 month max. Funds are in your control all time, but they are locked until ticket votes. After vote funds return spendable with reward.

Thanks a lot! Answered everything I was wondering about. : )
Adn btw... Very nice ROI...  Should be 7,0% per year if calculated correctly?

Good =) Also join the slack and follow the great project!
Return is around 2,5-3%/month, so quite lucrative in long-term.

[ohforf]

How long is the DCR locked when I use PoS with a stake-pool?
What are the expected returns?
Do I have to reclaim my DCR when it is in PoS or will it get "unlocked" after a certain amount of time?

About 4,8 months max, when ticket revokes and coins return spendable (without reward in that case) but the average time is around 30 days.  Reward is 1.5648 right now. Majority of tickets will vote before 4,8 month max. Funds are in your control all time, but they are locked until ticket votes. After vote funds return spendable with reward.

Thanks a lot! Answered everything I was wondering about. : )
Adn btw... Very nice ROI...  Should be 7,0% per year if calculated correctly?

Good =) Also join the slack and follow the great project!
Return is around 2,5-3%/month, so quite lucrative in long-term.

More pump on DCR coming !!

[DragonSlayer]

Did we just hit all time high?

[daily_elephant]

I don't want to start a holy war here but could somebody explain me what advantages DCR has over the DASH? How are they differs?

[Diegox]

I don't want to start a holy war here but could somebody explain me what advantages DCR has over the DASH? How are they differs?

Hey daily_elephant,

Decred has a 1 tier network.  Dash has a 2 tier network (masternodes).  With Decred, your coins are locked after purchasing tickets (voting rights) (constraining the supply).  With Dash, you can sell a masternode at any time.  With Decred, anyone can vote / participate.  With Dash, only the wealthy can participate.  With Decred, upgrades are precoded into the chain.  The chain automatically switches to the upgrades after a successful "yes" vote.  With Dash, the developers must then code the upgrade after the vote and hope everyone switches.  Decred is a decentralized autonomous organization (DAO), designed from the ground up.  It has a unique consensus system (which makes an "ethereum classic situation" impossible), is self funding, and is written from scratch in Golang by very well respected bitcoin developers (BTC Suite).

You can read more about Decred in official docs:

https://docs.decred.org

Also you can join Slack and ask more questions here:

https://slack.decred.org/

[daily_elephant]

I don't want to start a holy war here but could somebody explain me what advantages DCR has over the DASH? How are they differs?

Hey daily_elephant,

Decred has a 1 tier network.  Dash has a 2 tier network (masternodes).  With Decred, your coins are locked after purchasing tickets (voting rights) (constraining the supply).  With Dash, you can sell a masternode at any time.  With Decred, anyone can vote / participate.  With Dash, only the wealthy can participate.  With Decred, upgrades are precoded into the chain.  The chain automatically switches to the upgrades after a successful "yes" vote.  With Dash, the developers must then code the upgrade after the vote and hope everyone switches.  Decred is a decentralized autonomous organization (DAO), designed from the ground up.  It has a unique consensus system (which makes an "ethereum classic situation" impossible), is self funding, and is written from scratch in Golang by very well respected bitcoin developers (BTC Suite).

You can read more about Decred in official docs:

https://docs.decred.org

Also you can join Slack and ask more questions here:

https://slack.decred.org/

Thank you! I found both of them very interesting. And i'm quite sure that DCR has a bright future.

[dmitryshech]

I don't want to start a holy war here but could somebody explain me what advantages DCR has over the DASH? How are they differs?

Hey daily_elephant,

Decred has a 1 tier network.  Dash has a 2 tier network (masternodes).  With Decred, your coins are locked after purchasing tickets (voting rights) (constraining the supply).  With Dash, you can sell a masternode at any time.  With Decred, anyone can vote / participate.  With Dash, only the wealthy can participate.  With Decred, upgrades are precoded into the chain.  The chain automatically switches to the upgrades after a successful "yes" vote.  With Dash, the developers must then code the upgrade after the vote and hope everyone switches.  Decred is a decentralized autonomous organization (DAO), designed from the ground up.  It has a unique consensus system (which makes an "ethereum classic situation" impossible), is self funding, and is written from scratch in Golang by very well respected bitcoin developers (BTC Suite).

You can read more about Decred in official docs:

https://docs.decred.org

Also you can join Slack and ask more questions here:

https://slack.decred.org/

Thank you Diegox! Can you add the privacy issue to your explanation? Dash started as a privacy coin and privacy is in high demand now days. Are transactions on Decred traceble? Does Decred includes mixing or other technology?

[Jhings20]

Good job DCR

hi kabayan how much money did you earned riding with dcr, if happen that you ride since last week when price value .0017 btc for sure you are a happy man now, i just didn't see it coming that fast so i didn't go and joined but congrats DCR you really make something with your movement.

I bought @47k sats last month haha

[bubilas]

Remember, what we are waiting 

[EmilioMann]

I don't want to start a holy war here but could somebody explain me what advantages DCR has over the DASH? How are they differs?

Hey daily_elephant,

Decred has a 1 tier network.  Dash has a 2 tier network (masternodes).  With Decred, your coins are locked after purchasing tickets (voting rights) (constraining the supply).  With Dash, you can sell a masternode at any time.  With Decred, anyone can vote / participate.  With Dash, only the wealthy can participate.  With Decred, upgrades are precoded into the chain.  The chain automatically switches to the upgrades after a successful "yes" vote.  With Dash, the developers must then code the upgrade after the vote and hope everyone switches.  Decred is a decentralized autonomous organization (DAO), designed from the ground up.  It has a unique consensus system (which makes an "ethereum classic situation" impossible), is self funding, and is written from scratch in Golang by very well respected bitcoin developers (BTC Suite).

You can read more about Decred in official docs:

https://docs.decred.org

Also you can join Slack and ask more questions here:

https://slack.decred.org/

Thank you Diegox! Can you add the privacy issue to your explanation? Dash started as a privacy coin and privacy is in high demand now days. Are transactions on Decred traceble? Does Decred includes mixing or other technology?

As appear on the roadmap, Jake Yocom-Piatt is developing a completely innovative privacy system based on ZK.

DCR/USD exchange available soon?

USDT/DCR Already available on cryptopia.
USD/DCR soon on Coinbase  

[miayama]

At the beginning of this year, the price of Decred was very funny. Who believed in this project now have a big profit, about 12 x from the beginning of the year.

[sevenrustlust]

decred swings are amazing, it will break a new high soon

[smartcash]

decred swings are amazing, it will break a new high soon

Do you have a near term price target?

[connexus]

At the beginning of this year, the price of Decred was very funny. Who believed in this project now have a big profit, about 12 x from the beginning of the year.

And I believe the 12x profit doesn't end there, expect it could worth a lot more by the end of this year and the upcoming year. Just imagine when Decred reached its full potential.

[Alexoz]

Sure. The party just started  www.facebook.com/Decredcash

[Densitymax]

At the beginning of this year, the price of Decred was very funny. Who believed in this project now have a big profit, about 12 x from the beginning of the year.

And I believe the 12x profit doesn't end there, expect it could worth a lot more by the end of this year and the upcoming year. Just imagine when Decred reached its full potential.

Yes it will be something very big. I'm trying to buy more but the price is constantly growing, I already lost hope of a rollback.

[sevenrustlust]

decred swings are amazing, it will break a new high soon

Do you have a near term price target?

0.01 it's my target! in few months

[Kryptowerk]

Even though the price is as high as ever, I consider investing more in Decred. It seems to be ahead of the hyped DASH, imho. And looking at the Roadmap for 2017 it  has a ton of potential.
1) Can someone explain to me how private DCR transactions really are? Is it more like Bitcoinish pseudonymous or Moneroish anonymous?
2) Also, what is the best resource page to see which of the proposals are actually implemented?

Thanks in advance!


edit: While I'm at it, one more question:
3a) What is the average block-time for DCR?
I saw that lightning network is in the work to be implemented.
3b) Am I right that this would make the implementation of a "instant-send" function unnecessary?

[Penttikuisma]

Decred is pioneer of decentralization, like Bitcoin was pioneer of blockchain.

Potential of project is huge.

https://blog.decred.org/2017/01/09/2017-Decred-Roadmap/

[tommy163]

Decred is pioneer of decentralization, like Bitcoin was pioneer of blockchain.

Potential of project is huge.

https://blog.decred.org/2017/01/09/2017-Decred-Roadmap/

Hilarious, you claimed totally incorrect thing, decentralization is the bitcoin's core value and concept, it is raised in 2008. Decred is pioneer of XXX, but not decentralization.