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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1201110 times)
gtzanap
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March 11, 2018, 02:12:01 PM
 #9741


The system in some ways is closer to MN than regular staking, though really it is unique and unlike either.

I really don't see what could be done about the ticket price. It is determined by demand, just like the price of the coin itself.
Too low prices would mean very high returns, which in turn would raise demand (and ticket price).

The only annoying thing was wild yet predictable fluctuations in prices due to the previous price algorithm.
That led to all tickets being bought in one every 3 or 4 periods, leading to absurd fees. Thankfully that was fixed last year

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gembitz
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*Brute force will solve any Bitcoin problem*


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March 11, 2018, 02:36:26 PM
 #9742

There was an airdrop. No crowdsale, no ICO.

fake airdrop(fraud) ..i can't wait to see this coin hardfork :-D

©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!
bamsterdam
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Look Morty magic internet money


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March 11, 2018, 03:31:59 PM
 #9743


The system in some ways is closer to MN than regular staking, though really it is unique and unlike either.

I really don't see what could be done about the ticket price. It is determined by demand, just like the price of the coin itself.
Too low prices would mean very high returns, which in turn would raise demand (and ticket price).

The only annoying thing was wild yet predictable fluctuations in prices due to the previous price algorithm.
That led to all tickets being bought in one every 3 or 4 periods, leading to absurd fees. Thankfully that was fixed last year


Again I dont understand the technicals behind it so please educate me if possible. After the new ticket algo the price fluctuations stabilized this was a good development for sure. But since then the price of one ticket rised but so did the price of decred. So while back in the days most people could afford buying a ticket now its already more then $5000 to buy 1 ticket which may take 3 months to be picked. This will be more in the future although I read somewhere there will be a limit to where it can go in practice.
But for me the question remains why isnt it possible to reduce this by a factor 10 or even 100 and reduce the reward also by this factor? So people can buy more tickets for the same amount so they can get closer to this 28day average and make it also possible for people to participate who dont have 5000 (or maybe more in the future) to spend for a single ticket.

Dont get me wrong I think this is a better system than MN and way better than normal staking but I feel like for new people it will be difficult to participate and have a voice now with these prices let alone in the future when prices are even higher. So I was hoping there could be something to change that so that in the future not only the 'elite' will have a say in decred like is happening now with dash for example.

Maybe(probably) its unavoidable and these ticket prices have to be this 'high' for some technical reason I dont understand but I wanted to bring it up even if its only for my own understanding
gembitz
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*Brute force will solve any Bitcoin problem*


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March 11, 2018, 03:48:29 PM
 #9744


The system in some ways is closer to MN than regular staking, though really it is unique and unlike either.

I really don't see what could be done about the ticket price. It is determined by demand, just like the price of the coin itself.
Too low prices would mean very high returns, which in turn would raise demand (and ticket price).

The only annoying thing was wild yet predictable fluctuations in prices due to the previous price algorithm.
That led to all tickets being bought in one every 3 or 4 periods, leading to absurd fees. Thankfully that was fixed last year


Again I dont understand the technicals behind it so please educate me if possible. After the new ticket algo the price fluctuations stabilized this was a good development for sure. But since then the price of one ticket rised but so did the price of decred. So while back in the days most people could afford buying a ticket now its already more then $5000 to buy 1 ticket which may take 3 months to be picked. This will be more in the future although I read somewhere there will be a limit to where it can go in practice.
But for me the question remains why isnt it possible to reduce this by a factor 10 or even 100 and reduce the reward also by this factor? So people can buy more tickets for the same amount so they can get closer to this 28day average and make it also possible for people to participate who dont have 5000 (or maybe more in the future) to spend for a single ticket.

Dont get me wrong I think this is a better system than MN and way better than normal staking but I feel like for new people it will be difficult to participate and have a voice now with these prices let alone in the future when prices are even higher. So I was hoping there could be something to change that so that in the future not only the 'elite' will have a say in decred like is happening now with dash for example.

Maybe(probably) its unavoidable and these ticket prices have to be this 'high' for some technical reason I dont understand but I wanted to bring it up even if its only for my own understanding

agreed the SEC needs to step in and stop scammers like DECRED (bittrex insiders) this is no way to take advantage of the FOSS community i want to see someone with balls stand up to this corporate greed>_> this willfull ignorance is not what satoshis' envision :\  fale#

©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!
MarSas
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March 11, 2018, 05:39:48 PM
 #9745

i can't wait to see this coin hardfork :-D

It has already. Several times. Stakeholders voted on it.

A contentious hard fork is almost impossible.
gembitz
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*Brute force will solve any Bitcoin problem*


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March 11, 2018, 06:25:33 PM
 #9746

i can't wait to see this coin hardfork :-D

It has already. Several times. Stakeholders voted on it.

A contentious hard fork is almost impossible.

bitmain china just shit all over this scam.. = game over :\ meh

©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!
coingenome
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March 11, 2018, 07:41:45 PM
 #9747

We listed DCR yesterday on CoinGenome https://coingenome.com/coin/dcr

Love the mission and are excited to follow this project's progress!


 Grin
MrSunshine
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March 11, 2018, 08:48:00 PM
 #9748


The system in some ways is closer to MN than regular staking, though really it is unique and unlike either.

I really don't see what could be done about the ticket price. It is determined by demand, just like the price of the coin itself.
Too low prices would mean very high returns, which in turn would raise demand (and ticket price).

The only annoying thing was wild yet predictable fluctuations in prices due to the previous price algorithm.
That led to all tickets being bought in one every 3 or 4 periods, leading to absurd fees. Thankfully that was fixed last year


Again I dont understand the technicals behind it so please educate me if possible. After the new ticket algo the price fluctuations stabilized this was a good development for sure. But since then the price of one ticket rised but so did the price of decred. So while back in the days most people could afford buying a ticket now its already more then $5000 to buy 1 ticket which may take 3 months to be picked. This will be more in the future although I read somewhere there will be a limit to where it can go in practice.
But for me the question remains why isnt it possible to reduce this by a factor 10 or even 100 and reduce the reward also by this factor? So people can buy more tickets for the same amount so they can get closer to this 28day average and make it also possible for people to participate who dont have 5000 (or maybe more in the future) to spend for a single ticket.

Dont get me wrong I think this is a better system than MN and way better than normal staking but I feel like for new people it will be difficult to participate and have a voice now with these prices let alone in the future when prices are even higher. So I was hoping there could be something to change that so that in the future not only the 'elite' will have a say in decred like is happening now with dash for example.

Maybe(probably) its unavoidable and these ticket prices have to be this 'high' for some technical reason I dont understand but I wanted to bring it up even if its only for my own understanding

I understand somebody outside of the Decreg org is working on this as a project: where smaller holders of DCR can combine their DCR in a pool to submit tickets.  However, this will almost certainly lead to higher ticket prices as more tickets will be bought; probably 10 to 20% higher.
IncludeBeer
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March 11, 2018, 10:30:19 PM
 #9749

There was an airdrop. No crowdsale, no ICO.

fake airdrop(fraud) ..i can't wait to see this coin hardfork :-D

Wrong, you just can't follow directions (by your own admission):

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

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
UseTheBitcoin
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March 12, 2018, 12:14:09 PM
 #9750

Hello,

Our team wrote a small guide about what is Decred. We appreciate the feedback & if there were some essential things that we missed - let us know.

Regards,
Andrew
Searing
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Clueless!


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March 13, 2018, 03:26:25 AM
 #9751

Is Decred planning to fork with the ASICS coming out

Sia-Tech (August 2018)

Bitmain (likely July Pre-Order)

Just saying, not sure how the devs handle such

Baikal N does a mess of other GPU coins coming out and there is a 'groundswell' to all FORK and turn them into doorstops before shipping

Was just wondering about Decred as an aside

thanks

Brad

Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
btcapollo
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March 13, 2018, 06:08:12 AM
 #9752

Is Decred planning to fork with the ASICS coming out

Sia-Tech (August 2018)

Bitmain (likely July Pre-Order)

Just saying, not sure how the devs handle such

Baikal N does a mess of other GPU coins coming out and there is a 'groundswell' to all FORK and turn them into doorstops before shipping

Was just wondering about Decred as an aside

thanks

Brad


In their last YouTube presentation, the Decred team mentioned they were aware of a few companies preparing to launch ASICs for Decred and welcome ASICs. They also mentioned they are prepared for any shenanigans from the ASIC manufacturers. Sounds like they will modify the Decredition platform to allow stakeholders to NOT approve empty blocks or something along those lines.
dimao
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Keep Network


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March 13, 2018, 06:14:18 AM
 #9753

Is Decred planning to fork with the ASICS coming out

Sia-Tech (August 2018)

Bitmain (likely July Pre-Order)

Just saying, not sure how the devs handle such

Baikal N does a mess of other GPU coins coming out and there is a 'groundswell' to all FORK and turn them into doorstops before shipping

Was just wondering about Decred as an aside

thanks

Brad


In their last YouTube presentation, the Decred team mentioned they were aware of a few companies preparing to launch ASICs for Decred and welcome ASICs. They also mentioned they are prepared for any shenanigans from the ASIC manufacturers. Sounds like they will modify the Decredition platform to allow stakeholders to NOT approve empty blocks or something along those lines.

Good and competent move. I'm glad that the team does not sit still, but puts forward new ideas.

Grim
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March 13, 2018, 08:04:46 AM
 #9754

So much selling going on.

ASIC owners making fortune on you guys  Cool
Dagmon
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March 13, 2018, 11:06:52 AM
 #9755

Is Decred planning to fork with the ASICS coming out

Sia-Tech (August 2018)

Bitmain (likely July Pre-Order)

Just saying, not sure how the devs handle such

Baikal N does a mess of other GPU coins coming out and there is a 'groundswell' to all FORK and turn them into doorstops before shipping

Was just wondering about Decred as an aside

thanks

Brad


I think Decred should fork so that we have more miner support and big community.
Msharim
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March 13, 2018, 12:24:52 PM
 #9756

Is Decred planning to fork with the ASICS coming out

Sia-Tech (August 2018)

Bitmain (likely July Pre-Order)

Just saying, not sure how the devs handle such

Baikal N does a mess of other GPU coins coming out and there is a 'groundswell' to all FORK and turn them into doorstops before shipping

Was just wondering about Decred as an aside

thanks

Brad


I think Decred should fork so that we have more miner support and big community.

Decred doesn't fork :-)

Don't worry, this is our coin and we choose to do whatever we want with it, if the community thinks that is a better move to do ~"put here your idea"~ they will be able to vote on it as soon as politeia arrives.
metallicelmo
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March 14, 2018, 07:28:52 AM
 #9757

If anything should have to change to Decred then it should use it's voting system that is built in. Coin is solid, the market is just down at the moment
Embat
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Radix-The Decentralized Finance Protocol


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March 14, 2018, 07:32:46 AM
 #9758

Good topic. The forum has already written 500 pages. Soon, and 1000 will show. Well done


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SeXy
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March 14, 2018, 08:03:25 AM
 #9759

"an innovative hybrid proof-of-work (PoW) / proof-of-stake (PoS)". Really? What kind of technological innovation are we talking about? In inventing a new name for this hybrid
shixd8899
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March 14, 2018, 11:18:02 AM
 #9760

Is Decred planning to fork with the ASICS coming out

Sia-Tech (August 2018)

Bitmain (likely July Pre-Order)

Just saying, not sure how the devs handle such

Baikal N does a mess of other GPU coins coming out and there is a 'groundswell' to all FORK and turn them into doorstops before shipping

Was just wondering about Decred as an aside

thanks

Brad


In their last YouTube presentation, the Decred team mentioned they were aware of a few companies preparing to launch ASICs for Decred and welcome ASICs. They also mentioned they are prepared for any shenanigans from the ASIC manufacturers. Sounds like they will modify the Decredition platform to allow stakeholders to NOT approve empty blocks or something along those lines.

Good and competent move. I'm glad that the team does not sit still, but puts forward new ideas.
A serious and hard - working attitude of developers will only make people more willing to get closer to the project, a promising project.
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