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

[Wind_FURY]

LOL the fudders decided to make a coordinated attack.
As has been said a thousand times before, but gembitz e jwinterm ignore, the premine was distributed via airdrop to the community and the other half was not for "the developers" but for the "development fund", which is also used to pay marketing, designers, events, etc.

About the vote, you must also have more than 60% of your total votes for your proposal to be validated.
You may have the most votes "yes", but if many of the other people clicked "no" on your proposal, you will need more votes to reach 60% of the total (yes+no).

Please don't do that. Taking the easy way out of the debate by shouting "FUD". Remember, that in Decred, changes/new features that were voted, and hard forked in the network, cannot simply be changed back to the state it was in before.

I believe when Decred becomes large enough, it will also go through the same problems that Bitcoin did, like the "scaling debate".

[1713281758]

1713281758

[gembitz]

If you received the confirmation email, then you already had your seed.
It appeared in the first few steps when you typed the commands into the terminal.
Probably, you didn't read everything and deleted them.
Once deleted it is impossible to recover them and it was written there.
Again: If you have reached the confirmation email, then you received  your seed before together with the wallet address but you didn't see
The fault of having lost is your that did not read all the text that received in the terminal.
Do you want me to draw a picture for you to understand easier?

bullshit , i asked for help when i received my confirmation email...read back many posts i was "accepted" for the airdrop ...nows wheres my fucking coins?
fair voting??    my lord you must be on crack!!

i must be here just to entertain you? ...hmmm

Putting aside the details of devs staking the premine and vote losers still being able to fork away, this was my main point in the previous page:

If Bitcoin used this system then Barry Silbert would have activated segwit2x in like thirty seconds, and I'm not sure that's a good thing. Apparently the market as a whole is skeptical as well that Decred is "bitcoin upgraded" considering it's price versus BTC has dropped by over 50% in the last six months. 

I just don't think the market as a whole considers any "governance" structure as better, whether it's the eth benevolent dictator model, Monero's technocratic approach, Decred richest holders decide, or anything else. Yes, the market can remain irrational longer than you can remain solvent, but I think the market tends towards the best choice, and looking at a time period of 3-5 years now that choice is clearly bitcoin.

True enough, historically! I expect sentiments will shift after Politeia's value is demonstrated a few times over sufficiently 'difficult' or 'controversial' decisions need to be made. Plus, once the Treasury (dev fund) is truly decentralized, and solely ticket holders have the power of releasing those funds, well that will be something special I think. IMO, the self-sustaining feature on this SoV coin will prove itself to be highly-valuable in the years to come.

dev fund will become "legal defense fund" wait for it.

[IncludeBeer]

Treasury outputs will be programmatically granted by ticket holders, such that contractors are paid for the work they perform.
Take a look at the several existing examples of this happening through Politeia. The DEX alone is a significant effort that got approved by voters, with significant funds being released to pay for that work. The only difference now is Treasury payments are still submitted to the chain by a Company 0 person (if and after being approved through Politeia).

Can't stop the Decred train!
Choo Choo motherfuckers!  

Edit:

In August the Treasury received 15,278 DCR and spent 8,223 DCR. Using August’s daily average DCR/USD rate of $26.23, this is $401K received and $216K spent. As these payments were for work completed in July, it is also informative to consider them in the context of the July average daily rate of $28.97 — in which case the USD spent figure is $238K. As of Aug 9, Treasury balance is 638K DCR (15.8 million USD at $24.80).

Sauce: https://medium.com/decred/decred-journal-august-2019-43626ee68ff

[gembitz]

Can't stop the Decred train!
Choo Choo motherfuckers!  

 

you really need to steal my one liners too? :\ hmmm

[EmilioMann]

If you're in SF next Tuesday, come at
Coinbase HQ to learn about privacy implementations with Jake Yocom-Piatt.

https://www.meetup.com/pt-BR/San-Francisco-Decred-Meetup/events/264917644

[jwinterm]

If you're in SF next Tuesday, come at
Coinbase HQ to learn about privacy implementations with Jake Yocom-Piatt.

https://www.meetup.com/pt-BR/San-Francisco-Decred-Meetup/events/264917644

I'm gonna go on Monday at starfish when he's speaking to the SF bitcoin meet up. Feel like there might be some better critical discussion there. The ones I've been to at Coinbase custody didn't seem to have a lot of skeptics in the audience. Also I like to play basketball on Tuesdays.

[Makleyhill]

Next month, decredproject BR will help a young team of students working in the field of robotics to get to Brazil at the Latin American Robotics Competition PINGUIMBOTS , will sponsor their trip

[voteformeg]

i just have 1 thing bad about DCR and that is that i didn't hold more of them , i choose to buy an asic for DCR , we all know how that ended , but slowly i will get them back , so all that marketing is bad for my portfilio , just joking , hoping all the best for DCR

[gembitz]

Putting aside the details of devs staking the premine and vote losers still being able to fork away, this was my main point in the previous page:

If Bitcoin used this system then Barry Silbert would have activated segwit2x in like thirty seconds, and I'm not sure that's a good thing. Apparently the market as a whole is skeptical as well that Decred is "bitcoin upgraded" considering it's price versus BTC has dropped by over 50% in the last six months. 

I just don't think the market as a whole considers any "governance" structure as better, whether it's the eth benevolent dictator model, Monero's technocratic approach, Decred richest holders decide, or anything else. Yes, the market can remain irrational longer than you can remain solvent, but I think the market tends towards the best choice, and looking at a time period of 3-5 years now that choice is clearly bitcoin.

True enough, historically! I expect sentiments will shift after Politeia's value is demonstrated a few times over sufficiently 'difficult' or 'controversial' decisions need to be made. Plus, once the Treasury (dev fund) is truly decentralized, and solely ticket holders have the power of releasing those funds, well that will be something special I think. IMO, the self-sustaining feature on this SoV coin will prove itself to be highly-valuable in the years to come.

"dev fund" a.k.a. defense lawyers kids trust fund $$$    reeeee

[gembitz]

If you're in SF next Tuesday, come at
Coinbase HQ to learn about privacy implementations with Jake Yocom-Piatt.

https://www.meetup.com/pt-BR/San-Francisco-Decred-Meetup/events/264917644

"coinbase" and "privacy" do not belong in the same sentence!    you guys cozy up to the financial police obviously not a privacy loving group. "premine is safu in coinbase"?lol

[EmilioMann]

Next month, decredproject BR will help a young team of students working in the field of robotics to get to Brazil at the Latin American Robotics Competition PINGUIMBOTS , will sponsor their trip

retwitt, please: https://twitter.com/Decred_BR/status/1175523830292451328

[Wind_FURY]

LOL the fudders decided to make a coordinated attack.
As has been said a thousand times before, but gembitz e jwinterm ignore, the premine was distributed via airdrop to the community and the other half was not for "the developers" but for the "development fund", which is also used to pay marketing, designers, events, etc.

About the vote, you must also have more than 60% of your total votes for your proposal to be validated.
You may have the most votes "yes", but if many of the other people clicked "no" on your proposal, you will need more votes to reach 60% of the total (yes+no).

Please don't do that. Taking the easy way out of the debate by shouting "FUD". Remember, that in Decred, changes/new features that were voted, and hard forked in the network, cannot simply be changed back to the state it was in before.

I believe when Decred becomes large enough, it will also go through the same problems that Bitcoin did, like the "scaling debate".

Anyone else have a reply? Please post them. I'm really starting to believe that "blockchain governance" of any form might not be the solution we thought it that it might be.

[sompitonov]

@gembitz, Are you lost your money and cry on this topic? Stop please, anyway I just agnore you

Guys, How is privacy influence on regulation from the side exchanges and AML, FAFT? Can decred faces with some problems, what your think about that?

[MrSunshine]

@gembitz, Are you lost your money and cry on this topic? Stop please, anyway I just agnore you

Guys, How is privacy influence on regulation from the side exchanges and AML, FAFT? Can decred faces with some problems, what your think about that?

I think it will not have much if any impact as it is an optional feature. With cash I can privately hand you a $10 bill, or send you $10 from my bank for all to see.

[sompitonov]

@gembitz, Are you lost your money and cry on this topic? Stop please, anyway I just agnore you

Guys, How is privacy influence on regulation from the side exchanges and AML, FAFT? Can decred faces with some problems, what your think about that?

I think it will not have much if any impact as it is an optional feature. With cash I can privately hand you a $10 bill, or send you $10 from my bank for all to see.

hm, if that optional feature that really nice  I will get more attention next time

[KawaBunGa]

@gembitz, Are you lost your money and cry on this topic? Stop please, anyway I just agnore you

Guys, How is privacy influence on regulation from the side exchanges and AML, FAFT? Can decred faces with some problems, what your think about that?

I think it will not have much if any impact as it is an optional feature. With cash I can privately hand you a $10 bill, or send you $10 from my bank for all to see.

There could be some problems with trading DCR in certain jurisdictions, I suppose. Although the ability to make private transactions would appeal to some users.

[scolary23]

@gembitz, Are you lost your money and cry on this topic? Stop please, anyway I just agnore you

Guys, How is privacy influence on regulation from the side exchanges and AML, FAFT? Can decred faces with some problems, what your think about that?

I think it will not have much if any impact as it is an optional feature. With cash I can privately hand you a $10 bill, or send you $10 from my bank for all to see.

There could be some problems with trading DCR in certain jurisdictions, I suppose. Although the ability to make private transactions would appeal to some users.

Korea now prohibits its exchanges from trading cryptocurrencies with private transactions. And I think regulators will more and more prohibit this from happening. They want to control everything.

[EmilioMann]

The future is DEX.
Crypto was created to be p2p, decentralized and without government interference
Including transactions


https://www.forbes.com/sites/leslieankney/2019/02/04/no-more-trading-or-listing-fees-decred-releases-new-dex-proposal/#688f0d8c35d9

https://blog.decred.org/2018/06/05/A-New-Kind-of-DEX/

[jwinterm]

The future is DEX.
Crypto was created to be p2p, decentralized and without government interference
Including transactions


https://www.forbes.com/sites/leslieankney/2019/02/04/no-more-trading-or-listing-fees-decred-releases-new-dex-proposal/#688f0d8c35d9

https://blog.decred.org/2018/06/05/A-New-Kind-of-DEX/

That blog post is 16 months old. Is there a functional Decred dex? A prototype?

[EmilioMann]

The future is DEX.
Crypto was created to be p2p, decentralized and without government interference
Including transactions


https://www.forbes.com/sites/leslieankney/2019/02/04/no-more-trading-or-listing-fees-decred-releases-new-dex-proposal/#688f0d8c35d9

https://blog.decred.org/2018/06/05/A-New-Kind-of-DEX/

That blog post is 16 months old. Is there a functional Decred dex? A prototype?

It's under development, I'm not following this but you can go on matrix and ask it to a DEV

https://decred.org/community/