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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1201382 times)
wosch76
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April 04, 2017, 08:50:57 AM
 #8041

Anyone know how many coins people got in the Airdrop ? And how often the airdrop happens ?
when I remember correctly it was about 282 coins and only once.

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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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MrSunshine
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April 04, 2017, 10:25:50 AM
 #8042

Anyone know how many coins people got in the Airdrop ? And how often the airdrop happens ?

It was a one time deal to attract interest in the project and grow the community. Also it seems the devs are just good people for doing it. I think it was successful and now miners get their chance. I was lucky enough to get in the airdrop, but at the time it was tough to tell how well it would really progress. Later I realized it's potential and would have bought some months ago had I not had some already.
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April 04, 2017, 04:10:01 PM
 #8043

We are ready for $5-  Lips sealed big fake pump > big real dump
gembitz
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April 04, 2017, 04:19:52 PM
 #8044

Anyone know how many coins people got in the Airdrop ? And how often the airdrop happens ?
when I remember correctly it was about 282 coins and only once.

^so how much in btc is that now? I want Meni Jew crew dev to give me 282 DCR so i can give them to Charli Shrem to help our buddy get back on his feet Charlie is off washing dishes while this devs scumbags HOARD AND STAKE THIS POS! :\ bad characters at work here mark this post sell sell sell ~ exit bittrex!(hacked per wallet dev of bittrex JULIAN/JYAP ) ...wait for it.

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
dbt1033
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April 04, 2017, 05:37:14 PM
 #8045

Everyone, please do not respond to Gembitz / quote what he says.  He seems to thrive on attention.  Starve him, and he will fade away.
Eugenar
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April 04, 2017, 05:38:47 PM
 #8046

We are ready for $5-  Lips sealed big fake pump > big real dump

It might drop a bit. But in the long term, it will rise.
mol76
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April 04, 2017, 06:12:57 PM
 #8047

On v1.0.0 release, we will also hold a vote to determine whether or not Devs should begin lightning network integration.
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April 04, 2017, 06:23:41 PM
 #8048

A few people have been asking for an explanation of Decred's PoS system.  Here it is Smiley

Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks.   ///  Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.
bspus
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April 04, 2017, 07:35:03 PM
 #8049

A few people have been asking for an explanation of Decred's PoS system.  Here it is Smiley

Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks.   ///  Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.

When I purchase a ticket and it votes:

1) How do I control whether it votes yes or no on the block it is called to vote?

2) if the block is not accepted due to a majority of NO votes, that also means I don't get the stake reward. Why would I ever want to vote no?

Jack Liver
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April 04, 2017, 08:38:26 PM
 #8050

by default votebits are set to abstain, here an explanation https://docs.decred.org/getting-started/user-guides/testnet-voting/#an-explanation-of-votebits if PoS stakers vote against a block only PoW miners lost their reward.
Stratagem
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April 05, 2017, 05:32:53 AM
 #8051

Whales manipulating the hell out of DCR. So glad I can accumulate more. FEED ME!!!
altseeker
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April 05, 2017, 06:45:52 AM
 #8052

Whales manipulating the hell out of DCR. So glad I can accumulate more. FEED ME!!!

Whales are more generous these days, good time to grab some more and enjoy it while it lasts.
Digital_Currency_LTD
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April 05, 2017, 06:52:48 AM
 #8053

We are ready for $5-  Lips sealed big fake pump > big real dump

It might drop a bit. But in the long term, it will rise.

I was bought at 12 dollars and yes I beleive that in the long term it will rise.
rotzbouf
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April 05, 2017, 07:32:56 AM
 #8054

We are ready for $5-  Lips sealed big fake pump > big real dump

It might drop a bit. But in the long term, it will rise.

I was bought at 12 dollars and yes I beleive that in the long term it will rise.

In the long run, it will pay off, even if you bought high last raise. Decred will go skyrocket if ppl see it's real potential. Just stay calm and keep the coins in your wallet.

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Anon11073
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April 05, 2017, 07:59:13 AM
 #8055

We are ready for $5-  Lips sealed big fake pump > big real dump

It might drop a bit. But in the long term, it will rise.

I was bought at 12 dollars and yes I beleive that in the long term it will rise.
Me, too. Keep in Wallet carefully.

I'm a former moderator of Bitcointalk Japanere borad.
Decred is a true community governance cryptocurrency.
Dcrstats
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April 05, 2017, 12:05:36 PM
 #8056

Me, too. Keep in Wallet carefully.

I suggest you to withdraw coins from exchange and lock them in Proof-of-Stake mining Wink
Nice to have some free coins, while you waiting for the rise.

https://docs.decred.org/mining/proof-of-stake/
w0lf0.
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April 05, 2017, 01:28:10 PM
 #8057

Me, too. Keep in Wallet carefully.

I suggest you to withdraw coins from exchange and lock them in Proof-of-Stake mining Wink
Nice to have some free coins, while you waiting for the rise.

https://docs.decred.org/mining/proof-of-stake/

Nice thanks, i will try  Wink
gembitz
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April 05, 2017, 03:46:22 PM
 #8058

Me, too. Keep in Wallet carefully.

I suggest you to withdraw coins from exchange and lock them in Proof-of-Stake mining Wink
Nice to have some free coins, while you waiting for the rise.

https://docs.decred.org/mining/proof-of-stake/

^very wise to get them off bittrex! Shocked very smart advice indeed!~jmho

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
gembitz
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April 05, 2017, 03:49:30 PM
 #8059

A few people have been asking for an explanation of Decred's PoS system.  Here it is Smiley

Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks.   ///  Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.


^sounds like a ponzi scheme! what is the USE of this coin? there is NONE but HOARDING?
*is Meni Rosenfeld still involved?~is the Jewish Bitcoiners still behind this? :-D lulz

©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
EmilioMann
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April 05, 2017, 05:48:28 PM
 #8060

The coins for POS and the tickets are inside the blocks that are mined by the POW miners.

Each block mined by POW has 5 tickets + 25.57 coins currently.

15.34 coins for the POW miner
7.65 for POS miners (1.53 DCR per ticket)
2,58 for the development fund.

The payment system is self-sustaining and doesn't depend on the input of new users. Where is the ponzi? Are you functional illiterate?
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