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

[EmilioMann]

I've already seen some similar ICO, why are you different?

There is no ICO in Decred.
ICO is scam, people pay a pre-set amount off the market for a promise written on a piece of paper that has not even begun to be developed and which usually will never be.

The funny thing is that these same people often criticize a premine, where devs need to work to make the market value the coins that will serve as their payment.
All the similar projects you saw are copies of Decred.

Decred is a project that finances itself through its own mined coins.

With each block 60% of the coins are destined to the POW miners, 30% to the POS miners confirming the POW mining, avoiding that a concentration of hashrate can determine the path of the coin and 10% are destined to the development fund.
At the beggining, a premine was made to finance the currency until the 10% of mining reached a reasonable amount for that.

Contrary to what the fudders say, the premine doesn't go all for the main devs.
8% of the total coins were premined, of these 8%, half were distributed to thousands of people around the world through airdrop.
Of the remaining 4%, about 1% went to the initial development fund, paying for marketing, design and also other devs. Still leaving an amount that continues in this fund.

Only around 3% were allocated to main devs as payment for all the work done since 2013, including the development of BITCOIN SUITE, which today is responsible for enabling ATOMIC SWAPS and is a fundamental basis for the development of LIGHTNING NETWORK.
Work recognized and consecrated by other currencies devs and also by LN developers. 3% divided by more than 10 people.


Ethereum was coded using the bitcoin suite developed by Decred devs.

[IncludeBeer]

These 3 accounts (amazonpipet, joitheaddiapir, anklesinvidious) look to be dropping random questions or compliments on random ANN threads - just general shitposting for gains. They even posted the same things as the others....Bots?

[gembitz]

I've already seen some similar ICO, why are you different?

There is no ICO in Decred.
ICO is scam, people pay a pre-set amount off the market for a promise written on a piece of paper that has not even begun to be developed and which usually will never be.

The funny thing is that these same people often criticize a premine, where devs need to work to make the market value the coins that will serve as their payoff.
All the similar projects you saw there are copies of Decred.

Decred is a project that finances itself through its own mined coins.

With each block 60% of the coins are destined to the POW miners, 30% to the POS miners confirming the POW mining, avoiding that a concentration of hashrate can determine the path of the coin and 10% are destined to the development fund.
At the beggining, a premine was made to finance the currency until the 10% of mining reached a reasonable amount for that.

Contrary to what the fudders say, the premine doesn't go all for the main devs.
8% of the total coins were premined, of these 8%, half were distributed to thousands of people around the world through airdrop.
Of the remaining 4%, about 1% went to the initial development fund, paying for marketing, design and also other devs still leaving an amount that continues in this fund.

Only around 3% were allocated to main devs as payment for all the work done since 2013, including the development of BITCOIN SUITE, which today is responsible for enabling ATOMIC SWAPS and is a fundamental basis for the development of LIGHTNING NETWORK.
Work recognized and consecrated by other currencies devs and also by LN developers.

Ethereum was coded using the bitcoin suite developed by Decred devs.

premine and your airdrop was a fraud i am speaking on behalf of me & several people who got gypped ! :\ Where is the Israeli Bitcoin Cartel behind this?

[szfinx]

I've already seen some similar ICO, why are you different?

There is no ICO in Decred.
ICO is scam, people pay a pre-set amount off the market for a promise written on a piece of paper that has not even begun to be developed and which usually will never be.

The funny thing is that these same people often criticize a premine, where devs need to work to make the market value the coins that will serve as their payoff.
All the similar projects you saw there are copies of Decred.

Decred is a project that finances itself through its own mined coins.

With each block 60% of the coins are destined to the POW miners, 30% to the POS miners confirming the POW mining, avoiding that a concentration of hashrate can determine the path of the coin and 10% are destined to the development fund.
At the beggining, a premine was made to finance the currency until the 10% of mining reached a reasonable amount for that.

Contrary to what the fudders say, the premine doesn't go all for the main devs.
8% of the total coins were premined, of these 8%, half were distributed to thousands of people around the world through airdrop.
Of the remaining 4%, about 1% went to the initial development fund, paying for marketing, design and also other devs still leaving an amount that continues in this fund.

Only around 3% were allocated to main devs as payment for all the work done since 2013, including the development of BITCOIN SUITE, which today is responsible for enabling ATOMIC SWAPS and is a fundamental basis for the development of LIGHTNING NETWORK.
Work recognized and consecrated by other currencies devs and also by LN developers.

Ethereum was coded using the bitcoin suite developed by Decred devs.

premine and your airdrop was a fraud i am speaking on behalf of me & several people who got gypped ! :\ Where is the Israeli Bitcoin Cartel behind this?

How can an airdrop be a 'fraud'?

[revelacaogr]

Decred Roundtable - Ep3 - Politeia Proposal System, Decred Voting Process, Analyzing Decred’s Launch


https://www.youtube.com/watch?v=81EHBYvUcXY

Materia1 Decred ASIC

https://dcrasic.org/

[hacksmash]

How can an airdrop be a 'fraud'?

Don't feed the Troll

[IncludeBeer]

I've already seen some similar ICO, why are you different?

There is no ICO in Decred.
ICO is scam, people pay a pre-set amount off the market for a promise written on a piece of paper that has not even begun to be developed and which usually will never be.

The funny thing is that these same people often criticize a premine, where devs need to work to make the market value the coins that will serve as their payoff.
All the similar projects you saw there are copies of Decred.

Decred is a project that finances itself through its own mined coins.

With each block 60% of the coins are destined to the POW miners, 30% to the POS miners confirming the POW mining, avoiding that a concentration of hashrate can determine the path of the coin and 10% are destined to the development fund.
At the beggining, a premine was made to finance the currency until the 10% of mining reached a reasonable amount for that.

Contrary to what the fudders say, the premine doesn't go all for the main devs.
8% of the total coins were premined, of these 8%, half were distributed to thousands of people around the world through airdrop.
Of the remaining 4%, about 1% went to the initial development fund, paying for marketing, design and also other devs still leaving an amount that continues in this fund.

Only around 3% were allocated to main devs as payment for all the work done since 2013, including the development of BITCOIN SUITE, which today is responsible for enabling ATOMIC SWAPS and is a fundamental basis for the development of LIGHTNING NETWORK.
Work recognized and consecrated by other currencies devs and also by LN developers.

Ethereum was coded using the bitcoin suite developed by Decred devs.

premine and your airdrop was a fraud i am speaking on behalf of me & several people who got gypped ! :\ Where is the Israeli Bitcoin Cartel behind this?

https://bitcointalk.org/index.php?topic=1290358.msg22659558#msg22659558

[wndrbr3d]

Nice news from Official Twitter Account:

Hello, $DCR! Brand new #Decred website is live. Happy exploring! https://decred.org

I think it`s good time to buy some DCR. It`s on bottom now.

[adamvp]

I was mining DCR in Claymore Dual mining mode so I hold some Decred,
unfortunately I missed ~0.02btc pump and now I am bagholding this coin,
I will be gratefull for current  basic information about project

[NickCrypto]

Great Chart Gallery of Decred on BitScreener: https://bitscreener.com/coins/decred/chart_gallery

[Acguy]

The new site looks cool and it runs really smoothly.

[N30]

Where to buy tokens?

Poloniex, bittrex, bleutrade, shapeshift, inside of exodus wallet, changelly

Does Exodus have a fee for using it? I know it has high fees for trading but do not know if there is a fee for storing cryptocurrencies in there.

The exodus doesn't charge any fee.
Maybe the network rate can be set to a high value for the transaction to be fast. You can change this on settings.
The fees for exchanging currencies are those charged by shapeshift that is used to do this work.

Which one would you recommend exodus wallet or wallet.decred.org?

[EmilioMann]

Where to buy tokens?

Poloniex, bittrex, bleutrade, shapeshift, inside of exodus wallet, changelly

Does Exodus have a fee for using it? I know it has high fees for trading but do not know if there is a fee for storing cryptocurrencies in there.

The exodus doesn't charge any fee.
Maybe the network rate can be set to a high value for the transaction to be fast. You can change this on settings.
The fees for exchanging currencies are those charged by shapeshift that is used to do this work.

Which one would you recommend exodus wallet or wallet.decred.org?

if you aren't stake I prefer exodus.
It's an amazing wallet.
If you think about doing POS mining, then decrediton is better.

[KryptoJunkie]

Anyone else notice how close we are to a breakout?  been in this wedge since march and the chart is showing either double cup and handle or boobs.  I like both lol.

[Grim]

Why is the decred team so silent talking about the POW algorithm and the introduction of ASIC.

I mean how come that a coin which is all about COMMUNITY GOVERNANCE ignores their community?

And why in the hell design an ASIC and put huge effort (and cost) in it if you could instead simply FORK the algo with a COMMUNITY vote to one where ASICs already exist !!!   POLITEIA !!!
They even talk about raising funds for the development of said ASIC but instead with POLITEIA the community could vote to change the algo eg to SHA256 or x11 in the first place and spare us said fundraising ...

And besides that why CORNER the mining to a limited amount of hardware which favors the few ...

And moreover why not delve into a multi algorithm POW phase if you guys so embrace the ASIC abuse ...


I suggest a name change to: Cecred

[MrSunshine]

Why is the decred team so silent talking about the POW algorithm and the introduction of ASIC.

I mean how come that a coin which is all about COMMUNITY GOVERNANCE ignores their community?

And why in the hell design an ASIC and put huge effort (and cost) in it if you could instead simply FORK the algo with a COMMUNITY vote to one where ASICs already exist !!!   POLITEIA !!!
They even talk about raising funds for the development of said ASIC but instead with POLITEIA the community could vote to change the algo eg to SHA256 or x11 in the first place and spare us said fundraising ...

And besides that why CORNER the mining to a limited amount of hardware which favors the few ...

And moreover why not delve into a multi algorithm POW phase if you guys so embrace the ASIC abuse ...


I suggest a name change to: Cecred

I guess the basic idea is to put the mining in the hands of those who likely care about the coin the most. These interested parties are less likely to simply dump their rewards unlike your general miner, thus putting upward pressure on the price.

[bspus]

What does the decred team have to do with asic development?
I was under the impression the asic was developed by a company who already had other blake variants for other coins, so it was easy to extend to decred.

What does the community have to do or even care about the asic existence? The dual miner with eth already destroyed pow mining for decred long ago.
But decred has an excellent pos system too

[gghost]

I'd like to support the Decred network and stumbled upon a thread regarding a shortage of active nodes on the network. Is simply running the Decredition wallet 24/7 not enough to be counted as an active node? If not, are there any plans to allow for this simplicity without extra port forwarding steps or VPNs which many non-network savy people will not follow? I do not wish to just be a leech of the blockchain and I think that the wallet should allow for downloading the blockchain from all available peers (torrent style). I'm not sure if Decred differs at all from how all the other cryptocurrency wallets function but it seems to me this would be ideal. Please correct me if I'm misinformed.

Active Node List
https://dcrstats.com/map

Relevant Thread
https://forum.decred.org/threads/how-dcrd-works-and-the-shortage-of-public-dcrd-nodes.1371/

[szfinx]

Why is the decred team so silent talking about the POW algorithm and the introduction of ASIC.

I mean how come that a coin which is all about COMMUNITY GOVERNANCE ignores their community?

And why in the hell design an ASIC and put huge effort (and cost) in it if you could instead simply FORK the algo with a COMMUNITY vote to one where ASICs already exist !!!   POLITEIA !!!
They even talk about raising funds for the development of said ASIC but instead with POLITEIA the community could vote to change the algo eg to SHA256 or x11 in the first place and spare us said fundraising ...

And besides that why CORNER the mining to a limited amount of hardware which favors the few ...

And moreover why not delve into a multi algorithm POW phase if you guys so embrace the ASIC abuse ...


I suggest a name change to: Cecred

If you go to the #pow mining in the Decred Slack, there is no other topic for a week than the two ASIC projects. There are lots of info from the correct source.

[Virtuoso]

The new website is looking very awsome. It´s very clean and the colors play together and were well chosen. All information has been arranged in a clear manner. Really a very good and engaging work from the dev team.