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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1201066 times)
saucedaddy
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February 12, 2018, 02:51:37 AM
 #9661

Today I shut down my last miners which were still mining DCR.  Cry

Centralization of large mining farms is taking over.

60% of each block now goes to the very few asic owners, seems like a very "fair" distribution model.
(also seems like these asic companies are "testing" their ASICs on the mainnet instead of the testnet, very smart)

Probably not profitable, and if you are say Dual mining using claymore or something like a lot of the people on the decred network then the electricity alone isnt worth it really. Im interested to see what peoples opinion about the ASICS are, good thing at least is there could potentially be a vote to become ASIC resistant
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Jack Liver
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February 12, 2018, 08:41:34 AM
 #9662

there were large farms of GPU before the Asics, many people thought that costant dumps came from them.
Cyberfox
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February 12, 2018, 09:24:25 AM
 #9663

Ok, so it is pretty clear what Decred will be at launch. I have one question though, what is the "roadmap" for Decred or does one exist at all? If not, should one exist? It will have self-funding development, development of what though? Obviously, by design the stakeholders choose but it may be good to have a clear direction to start with to avoid conflict/controversies early on.

I would refer you to my latest thread to give you a good starting point: https://bitcointalk.org/index.php?topic=1285787.0

I value pretty much every option in my poll. Cool

It seems people on the forums value the following more so than other features:

High Scalability
High Transaction Speeds
Privacy / Anonymity
Mobile Wallets
Decentralized Exchanges
Decentralized Markets

Is Decred an "anti gizmos and gadgets" or "kiss" kind of project, or will it fully embrace decentralized blockchain technology and remain experimental/innovative in its future development?

To give you a quick rundown of what Decred will need to work on immediately after launch:

- Sync from btcd (there is a new db branch that brings impressive gains - substantial overhaul of the database layer)
- Native wallet GUIs for Windows, OS X, *nix, and *BSD (there is a native framework being worked on)
- Payment processing from dcr to fiat and support for dcr exchanges (e.g., ShapeShift, Poloniex, etc.)

A key point to remember is that these targets shouldn't take more than a few months, otherwise it's easy to get bogged down if the initial roadmap is too lofty in real terms. Building out from the fundamentals will be a lot more interesting once it's multi-stakeholder too - see what other development parties bring to the table and setting up a communication platform to see what the community wants done (where voting can occur as well).




I'd suggest to use BestRate.org ..By comparison to Shapeshift which is very convenient , indeed..but the fees are exorbitant compared to other platforms. So, BestRate just picks the best rate among other exchange platforms, such as Changelly, ShapeShift, Evercoin, Bittrex, Poloniex and others.  I think that it's great for those who doesn't want to waste theit time on searchng and comparings
metallicelmo
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February 12, 2018, 09:43:20 AM
 #9664

So are there really companies who are developing ACICS or Decred specifically?
Jack Liver
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February 12, 2018, 09:57:29 AM
 #9665

There are five different companies that are independently developing ASICS for blake256r14 the algo used by deCRED as we konw are: obelisk, dcrasics, baikal, bitmain and halong.
freeapp
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February 12, 2018, 05:11:21 PM
 #9666

Hi,
how to move some coins from one account to another within the same wallet?

https://docs.decred.org/advanced/program-options/
Says there should be a command like "move".
But dcrctl quits with "Unrecognized command 'move'".

I'm running 1.1.0 from https://github.com/decred/decred-release/releases.

thanks in advance.

freeapp
EmilioMann
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February 13, 2018, 12:37:17 AM
 #9667

Hi,
how to move some coins from one account to another within the same wallet?

https://docs.decred.org/advanced/program-options/
Says there should be a command like "move".
But dcrctl quits with "Unrecognized command 'move'".

I'm running 1.1.0 from https://github.com/decred/decred-release/releases.

thanks in advance.

freeapp

A fork has happened after the version you are using and it's probably stucked in the fork block.
First download the latest version on decred.org
Are you using decrediton?
freeapp
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February 13, 2018, 09:24:44 AM
 #9668

Hi,
how to move some coins from one account to another within the same wallet?

https://docs.decred.org/advanced/program-options/
Says there should be a command like "move".
But dcrctl quits with "Unrecognized command 'move'".

I'm running 1.1.0 from https://github.com/decred/decred-release/releases.

thanks in advance.

freeapp

A fork has happened after the version you are using and it's probably stucked in the fork block.
First download the latest version on decred.org
Are you using decrediton?

Thanks.
i will upgrade to 1.1.2 and no i'm not using decredition.

freeapp
Msharim
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February 13, 2018, 10:08:45 AM
 #9669

Hi,
how to move some coins from one account to another within the same wallet?

https://docs.decred.org/advanced/program-options/
Says there should be a command like "move".
But dcrctl quits with "Unrecognized command 'move'".

I'm running 1.1.0 from https://github.com/decred/decred-release/releases.

thanks in advance.

freeapp

A fork has happened after the version you are using and it's probably stucked in the fork block.
First download the latest version on decred.org
Are you using decrediton?

Thanks.
i will upgrade to 1.1.2 and no i'm not using decredition.

freeapp

Try to get decrediton, paymetheus wallet is gonna be discontinued soon, we are talking about money, better do things properly. Cheesy
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February 13, 2018, 10:48:11 AM
 #9670

Hi,
how to move some coins from one account to another within the same wallet?

https://docs.decred.org/advanced/program-options/
Says there should be a command like "move".
But dcrctl quits with "Unrecognized command 'move'".

I'm running 1.1.0 from https://github.com/decred/decred-release/releases.

thanks in advance.

freeapp

A fork has happened after the version you are using and it's probably stucked in the fork block.
First download the latest version on decred.org
Are you using decrediton?

Thanks.
i will upgrade to 1.1.2 and no i'm not using decredition.

freeapp

Try to get decrediton, paymetheus wallet is gonna be discontinued soon, we are talking about money, better do things properly. Cheesy

i'm old school Wink i'm using the command line only wallet...
ANDREW 555
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February 13, 2018, 11:37:43 AM
 #9671

Decred Utrecht Meetup, Netherlands (February 13)
https://coindar.org/en/event/decred-dcr-decred-utrecht-meetup-netherlands-3654
gartmah
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February 13, 2018, 05:16:56 PM
 #9672

Politeia Challenge - Part 2 - Effective Software Distribution w/ Donald Adu-Poku (@dnldd)

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules.

https://www.youtube.com/watch?v=Tq7tSIBHty4
metallicelmo
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February 13, 2018, 11:07:30 PM
 #9673

Did anyone go there? If so how was it?
TeMHuK
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February 14, 2018, 06:58:50 AM
 #9674

Soon it will be possible to trade to trade pair MNX/DCR thru Atomic swap  Wink it is good for both communities. Wink
Anon11073
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February 16, 2018, 01:37:27 PM
 #9675

Soon it will be possible to trade to trade pair MNX/DCR thru Atomic swap  Wink it is good for both communities. Wink
Well, soon Mixexcoin will be able to use Atomic Swap, allowing MNX/DCR transactions.
I appreciate the wonderful Minexcoix team. Cheesy

I'm a former moderator of Bitcointalk Japanere borad.
Decred is a true community governance cryptocurrency.
saucedaddy
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February 18, 2018, 01:32:03 AM
 #9676

Any recommendations on which staking pool to use? or does it not really make a big difference
IncludeBeer
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February 18, 2018, 05:32:45 PM
 #9677

Any recommendations on which staking pool to use? or does it not really make a big difference

Doesn't really make a difference. You can see various pools' stats here: https://dcrstats.com/ (bottom of page).

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
Melody Jelly
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February 18, 2018, 05:55:06 PM
 #9678

Hi! I'm just looking at DEcred as a whole. How do they intend to identify themselves as they continue to grow?
 I'm thinking with the limited supply and also the fact that most supply will be tired up in tickets at any one time, that it'll be a store of wealth coin.
MrSunshine
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February 18, 2018, 06:09:23 PM
Merited by iCEBREAKER (1), sompitonov (1)
 #9679

Hi! I'm just looking at DEcred as a whole. How do they intend to identify themselves as they continue to grow?
 I'm thinking with the limited supply and also the fact that most supply will be tired up in tickets at any one time, that it'll be a store of wealth coin.

Yes I think a store of wealth. The Decred team is made up of ex bitcoin coders that got frustrated with the drama and lack of progress with BTC. They built Decred to be what they wish bitcoin would be, as some else wrote:

Only project with functional on-chain governance. Did the first ever on-chain user activated hard fork.

Everyone says this, but fantastic devs. Ours include the developers of btcsuite, & also the author of the atomic swap code used by btc and ltc recently.

Unique hybrid PoS/PoW system that is extremely resilient to attacks. Making a 51% attack extremely difficult & a minority hard fork nearly impossible for example.

Direct PoS. No masternodes or DPoS where you will inevitably run into issues like the "Lisk elite"

The project is relatively young, just over 2 years since launch. So it's still getting in early.

Great, active community, that is distributed pretty evenly around the world.

Big war chest in the community treasury (something like $30-40 million currently).

Support from many influential community members including Charlie Lee & Jimmy Song.

At least 2 competing ASICs coming out next year... should be an indicator of where some see this project going.

Also, initial distribution. I'd argue that Decred had one of the fairest distributions in crypto. Decred founders started with 4% of total supply (which they paid for w/ cash into the community fund) and airdropped another 4% to crypto community members. The PoS % of new DCR is purposefilly set low so the relative power of holders decreases, not increases, over time. Compare to today where it seems like 90% of projects are totally premined with the founders starting with the majority or all of the tokens that will ever exist.
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February 18, 2018, 07:30:03 PM
 #9680

Hi! I'm just looking at DEcred as a whole. How do they intend to identify themselves as they continue to grow?
 I'm thinking with the limited supply and also the fact that most supply will be tired up in tickets at any one time, that it'll be a store of wealth coin.

Yes I think a store of wealth. The Decred team is made up of ex bitcoin coders that got frustrated with the drama and lack of progress with BTC. They built Decred to be what they wish bitcoin would be, as some else wrote:

Only project with functional on-chain governance. Did the first ever on-chain user activated hard fork.

Everyone says this, but fantastic devs. Ours include the developers of btcsuite, & also the author of the atomic swap code used by btc and ltc recently.

Unique hybrid PoS/PoW system that is extremely resilient to attacks. Making a 51% attack extremely difficult & a minority hard fork nearly impossible for example.

Direct PoS. No masternodes or DPoS where you will inevitably run into issues like the "Lisk elite"

The project is relatively young, just over 2 years since launch. So it's still getting in early.

Great, active community, that is distributed pretty evenly around the world.

Big war chest in the community treasury (something like $30-40 million currently).

Support from many influential community members including Charlie Lee & Jimmy Song.

At least 2 competing ASICs coming out next year... should be an indicator of where some see this project going.

Also, initial distribution. I'd argue that Decred had one of the fairest distributions in crypto. Decred founders started with 4% of total supply (which they paid for w/ cash into the community fund) and airdropped another 4% to crypto community members. The PoS % of new DCR is purposefilly set low so the relative power of holders decreases, not increases, over time. Compare to today where it seems like 90% of projects are totally premined with the founders starting with the majority or all of the tokens that will ever exist.


Wow, great summary. You just convinced me to buy more DCR Smiley
I'm sure others will follow too. I would immediately merit you but I'm all out of them. Once I receive some you are on my list
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