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

[Master mind]

Any news from dev team ? I would like to invest.

[naskel]

N-Engine Multi Pool Server

DECRED is still on our pool!

http://pool.n-engine.com

- FREE (donation only)
- Dedicated server (European - US - ASIAN link)
- Fast! (Gigabit link on optical fiber!)
- DDoS protection
- GeoDNS balancing system
- Support 24h/7 (Mail, Troll box, Irc channel)

Payouts are made automatically every 10 minutes for all balances above 0.5, or 0.05 on Sunday.

No more fee, more coin for YOU!

Happy FREE mining !

Main Pool url : http://pool.n-engine.com

You can follow us @Twitter : https://twitter.com/NeCrypto

Support :
On IRC : freenode > #N-Engine
By mail: contact[a.t.]n-engine.com

[smeee]

Despite the drawbacks to Asic mining, it's pretty clear the pros outweigh the cons. .

I decided to go ahead and pre order an obelisk machine - decentralising PoW for now can only be a good thing - though with most of the PoW hashing power being from the dual mining now , I supposed it will be a contraction really - but if the price rises then more people will invest in asics

and I would expect that the majority of the coins mined will be staked as people hold

any progress for DCR to become used in transactions will only help the price - I hope the devs are interacting with openbazaar

[Qbanow]

Great read about Asics: https://www.reddit.com/r/decred/comments/7dedss/asics_or/

[tenenyk]

Make sure you guys check out the two projects developing ASICs for Decred. They're doing AMAs on Reddit at present. Lots of great comments and information so you can do your own research if you're interested in what they're doing:

• dcrASIC AMA
• Obelisk AMA

Are the developers of Decred encouraging the manufacture of Asics for DCR? Wouldn't that be bad for the coin's decentralized nature, considering that not all miners will have access to them. Why follow Bitcoin's path in giving the Asic manufacturers/miners more power?

I see how the developers of Decred make the likes and retweets messages of these guys in Twitter, I think it means that they support these projects.

[faragly]

Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?

In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.

[IncludeBeer]

Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?

In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.

Come now, that's just a guess; speculation.

Just as easy, the story could go: entering the market of powerful ASIC-miners in mid-2018 will have a positive impact on the cost of the DCR. The price will rise, because it would be even more profitable for the owners of the ASIC miners to stake their DCR, thus keeping circulating supply low.

Else, increased security of the chain increases investor confidence, causing the price to rise.  

[voteformeg]

i just ordered 1 dcr-1 , i remember other coins and what it did with the price when graphic cards mining changed to ASIC , mostly price go up , so in 6/7 months we will meet our new familymember

[hannusolo]

Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?

In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.

I wasn't in the cryptospace when bitcoin asics were introduced, I don't even know when was it. What effects did that have on the price? Anyone remembers? Afaik the Baikal miners for DASH are a bit newer things, what effect did those have?

Btw asics are not good for decentralization... The one cpu, one vote principle gets hurted by that.

[IncludeBeer]

Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?

In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.

I wasn't in the cryptospace when bitcoin asics were introduced, I don't even know when was it. What effects did that have on the price? Anyone remembers? Afaik the Baikal miners for DASH are a bit newer things, what effect did those have?

Btw asics are not good for decentralization... The one cpu, one vote principle gets hurted by that.

In long run, it obviously had a positive impact. BTC is one of the most secure chains.

Take a read here, it's a nice analysis: https://www.reddit.com/r/decred/comments/7dedss/asics_or/dpx7ggq/

[MiPe]

Is the Obelisk Asic miner the only one who will come out in the near future? Because I see there some red flags and do not want preorder.

[jmxcursi]

I added Decred to the Cheddur app (https://www.cheddur.com/)! This will help new users learn about Decred and join the community. Cheddur allows us to link wallets, exchanges, and other services that support DCR tokens so that new users can easily get started. You can also review the project and post your DCR addresses on your profile to receive tips / payments / donations in DCR

Can others from the community please review the profile for quality and help add supported services? The more active the Decred profile is (via user reviews and addresses), the higher it ranks in search results and the more likely newcomers are to discover the Decred project!

Screenshots: https://imgur.com/a/3BDoi

https://i.imgur.com/FG0E9M5.jpg

[gembitz]

Any news from dev team ? I would like to invest.

"invest" in the premined coins with zero accountability? :\  for being a hero member you sound retarded<<<

[Wind_FURY]

Great read about Asics: https://www.reddit.com/r/decred/comments/7dedss/asics_or/

How can Asics be created in a "decentralized way" if not all people can become manufacturers or if the manufacturers do not have the same access to the raw materials needed make them?

For a network that aims to leverage the miners by having the coin holders have voting power, they sure are trying to settle the issue outside the network.

A change in the mining algorithm is not a "power move" if the community is in consensus.

[IncludeBeer]

Great read about Asics: https://www.reddit.com/r/decred/comments/7dedss/asics_or/

How can Asics be created in a "decentralized way" if not all people can become manufacturers or if the manufacturers do not have the same access to the raw materials needed make them?

For a network that aims to leverage the miners by having the coin holders have voting power, they sure are trying to settle the issue outside the network.

A change in the mining algorithm is not a "power move" if the community is in consensus.

That scenario is years and years into the future. IMO, decentralized doesn't require "all", just a subset. Obviously, the larger the subset, the higher the degree of decentralization. Still though, even a small number like 100 is 100x more than 1.

It could be considered a "power move" in that its purpose would be solely to obsolete the current asics in production/in the field (especially knowing it's only a delay, not a solution). Reminiscent of when Ethereum hf'd to rollback the DAO hack (even though [majority] community consensus was there).

[hannusolo]

In long run, it obviously had a positive impact. BTC is one of the most secure chains.

Take a read here, it's a nice analysis: https://www.reddit.com/r/decred/comments/7dedss/asics_or/dpx7ggq/

davecgh's answer was rather detailed and thoughtful. I mostly aggree with the thoughts. The only problem that can surface with asics is sokething similar to bitcoin's situstion. Miners and asic makers are mostly in china. First things like these couldn't be a problem but after these (possible) miners acquire a large enough voting power, those miners can collaborate in voting and steer the currency into the direction to their liking. But by the time they will be released, about 38% of the total DCR amount will be already mined.

[szfinx]

Have you seen this project, Bitcoin PoSW? Someone stealing Decred idea/code again without giving any credit to the Decred project.

https://bitcointalk.org/index.php?topic=2424100.0

[gtzanap]

In long run, it obviously had a positive impact. BTC is one of the most secure chains.

Take a read here, it's a nice analysis: https://www.reddit.com/r/decred/comments/7dedss/asics_or/dpx7ggq/

davecgh's answer was rather detailed and thoughtful. I mostly aggree with the thoughts. The only problem that can surface with asics is sokething similar to bitcoin's situstion. Miners and asic makers are mostly in china. First things like these couldn't be a problem but after these (possible) miners acquire a large enough voting power, those miners can collaborate in voting and steer the currency into the direction to their liking. But by the time they will be released, about 38% of the total DCR amount will be already mined.

Voting power is given to stakers, ie holders of the coin.
Those Chinese miners just mine for profit and sell, they don't care about holding and certainly not voting either.

Of course, if some of those asic miners want to hold, that means they care about the coin and should rightfully vote, no matter where they are from.


BTW, I wouldn't bet on a high correlation between asics and coin price. I think for bitcoin it was a coincidence. It was going to go up regardless. And then it also fell hard early 2014 again regardless of asics.

Asics did nothing for the price of litecoin for example

[Alexbt]

November News Round-up

https://medium.com/decred/november-news-round-up-87c20de5d281
Yet again, it’s been another busy few months for Decred! In the wake of the Atomic Swap release we’ve had several new developers jump aboard, three new exchange listings, a growing presence at conferences and events, and a new Decred community YouTube show. We’ve also had the release of the new Decred website, the start and end of the Lightning Network activation vote, the unveiling of the Politeia platform, and the news that ASICs will be coming to Decred! Furthermore, I’m pleased to announce that due to an increase in staking participation the circulating supply of Decred has officially dropped over the last two months!

[Grim]

By the way has anyone ever bought a  "NEW" ASIC?

Have fun with your used toy