dbt1033
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March 31, 2017, 07:16:19 PM |
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By the way... our pools are NOT reward sharing as you seem to think. All they do is vote according to a users preference so that a user may remain offline if he/she chooses to use a pool. Individuals still retain control of 100% of their funds.
I am operating at a higher level of meta economics wherein your "preferences" differentiation is afaics irrelevant. The users who don't align their preferences with the majority will lose rewards, because the majority can censor every block of the minority. Now go back to the point that voting (i.e. "preferences") is not cost-free and thus is manipulable. Not true, rewards are available regardless of one's alignment. You are rewarded for your say, not what you say.
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dbt1033
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March 31, 2017, 07:19:35 PM |
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Also, if voting were "cost free", as you propose, wouldn't it be easier for bad actors to forge the future of the Decred chain?
If this were the case, why would they care how they voted? They have nothing to lose. No skin in the game.
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TIDOVEE
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March 31, 2017, 07:37:34 PM |
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The design space for incentivizing miners (and other benefical activitities) is so much bigger than just plain rewards or transaction fees. yeah, i think just in relation to that, i will say decred has help in making mining cheaper, and has also helped in creating better negotiation/transaction between miners and users.thats just my view
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iamnotback
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March 31, 2017, 09:56:41 PM |
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By the way... our pools are NOT reward sharing as you seem to think. All they do is vote according to a users preference so that a user may remain offline if he/she chooses to use a pool. Individuals still retain control of 100% of their funds.
I am operating at a higher level of meta economics wherein your "preferences" differentiation is afaics irrelevant. The users who don't align their preferences with the majority will lose rewards, because the majority can censor every block of the minority. Now go back to the point that voting (i.e. "preferences") is not cost-free and thus is manipulable. Not true, rewards are available regardless of one's alignment. You are rewarded for your say, not what you say. You can't have it both ways. You made conflicting statements. Either way it is centralization. I'll let @dinofelis explain it to you.
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dbt1033
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March 31, 2017, 10:07:21 PM |
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By the way... our pools are NOT reward sharing as you seem to think. All they do is vote according to a users preference so that a user may remain offline if he/she chooses to use a pool. Individuals still retain control of 100% of their funds.
I am operating at a higher level of meta economics wherein your "preferences" differentiation is afaics irrelevant. The users who don't align their preferences with the majority will lose rewards, because the majority can censor every block of the minority. Now go back to the point that voting (i.e. "preferences") is not cost-free and thus is manipulable. Not true, rewards are available regardless of one's alignment. You are rewarded for your say, not what you say. You can't have it both ways. You made conflicting statements. Either way it is centralization. I'll let @dinofelis explain it to you. You can at Burger King.
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iamnotback
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March 31, 2017, 11:21:46 PM |
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You can't have it both ways.
You can at Burger King. You must be my age.
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dbt1033
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March 31, 2017, 11:38:17 PM Last edit: April 01, 2017, 01:00:35 AM by dbt1033 |
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You can't have it both ways.
You can at Burger King. You must be my age. WTF how could they? That's madness. Edit: I see you are a Steem fanboy ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Wheatclove
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April 01, 2017, 01:33:05 AM |
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Decred is legit
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benthach
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April 01, 2017, 03:07:52 AM |
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never heard of it before
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reddit btcwriter1 - twitter kingpininvestor
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Wheatclove
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April 01, 2017, 04:02:50 AM |
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never heard of it before
good, stay away
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tehMoonwalker
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April 01, 2017, 09:35:44 AM |
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wow this energy wasted on fighting, dcr gave coins away for free to call them bozos..
i think decred is a good coin with a hard working team behind it, to see dash at 100$ while one of the founder said recently he OWNS 265k dash premined is sad.
i may not know alot about programer stuff but ive researched the monetary system and the flaws in our politcal system for years. and as long as we are in this system there will always occur centralization. money always hords money, you can try with all will to prevent it but it will always occur, those with the best pcs, those with the most masternodes etc, bc SOMEONE has to put the money on the table in the first place.
still i think the crypto movement tackles philosophical questions that have far to long been ignored and replaced by the ignorant lie that there is no alternative to this system.
the questions how we gouvern ourself, who rules, how to keep power in place are very interesting and need to be discussed.
but dont make the mistake like its something clear or easy, everyone has their own opinion on how to get there, and we will.
in the meantime lets try something that is deeply missing in our society COOPERATION.
instead of fighting who has the best aproach we should help eachother to get better at it.
also i have an idea for a new coinsystem that i would like to discuss with someone deep in the matter, so if someone interested pm me .
besides i love this forum and the high end discussions going on here, i learn alot and wish you all the best.
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iamnotback
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April 01, 2017, 06:29:02 PM Last edit: April 01, 2017, 06:42:36 PM by iamnotback |
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and as long as we are in this system there will always occur centralization
I am looking at an unreleased white paper which claims you are incorrect. wow this energy wasted on fighting, dcr gave coins away for free to call them bozos..
i think decred is a good coin with a hard working team behind it, to see dash at 100$ while one of the founder said recently he OWNS 265k dash premined is sad.
I think Decred is essentially the same as Dash in terms of centralization trend. There are some differences, but I think looking at it holistically then roughly the same centralization effects. Whether that centralization is captured by developers or some other whales is irrelevant to whether bad things happen with centralization. Afaics, the system is structured so that the centralization increases over time regardless if some tokens were given away for free. Centralized blockchains will not scale adoption and network effects. They are speculation toys for those who like feeding the whales. I agree the Decred team are apparently good programmers and hard working and probably even good intentioned. And that would make them bozos if they wasted all that effort (and their lives) on something which can't really impact the world. There are a lot of people (perhaps even smarter than myself) who end up being bozos, because they get trapped in some inertia. I would hope to interest their development team on something better when that better thing is ready for their attention. If some readers dislike me for being frank and expressing my opinion or analysis of the situation, so be it. I am trying to be honest with myself about what I think is important.
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Dcrstats
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April 01, 2017, 08:59:22 PM |
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What centralisation are you talking about, iamnotback? With a current market price it will cost you ~ $50,000,000 to get 75% of votes. Pretty expensive "speculation toy", don't you think so? Obviously, you cannot even buy such amount of coins in the marketplace. You can buy maybe 100K coins (2%) and then you will have to pay 500$ for every additional coin in your bag. If you want to manipulate with decision-making, you will have to lock your coins up to 5 months and accept the risk that during this period exchange rate can drop dramatically as the result of your "manipulations". Good luck with that ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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iamnotback
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April 01, 2017, 09:32:31 PM |
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@Dcrstats I will not repeat myself for those such as yourself who lack reading comprehension. Understanding this is above your pay grade apparently. Or perhaps you just didn't read all my posts carefully. Try again.
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Dcrstats
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April 01, 2017, 09:37:27 PM |
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@Dcrstats I will not repeat myself for those such as yourself who lack reading comprehension. Understanding this is above your pay grade apparently. Or perhaps you just didn't read all my posts carefully. Try again.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ytimg.com%2Fvi%2FPd184OEuC30%2Fmaxresdefault.jpg&t=665&c=kwA6NxA3iHhePw) Sorry @iamnotback, but I don't have time to read posts of every troll in this forum ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) There are plenty of interesting projects in Altcoin section of the forum. I'm sure you can find something suitable for yourself.
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iamnotback
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April 01, 2017, 10:09:50 PM |
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Sorry @iamnotback, but I don't have time to read posts of every troll in this forum ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Then why are you reading yours. Lol. You'll end up realizing later who I am when you get your foot out of your mouth.
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Dcrstats
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April 01, 2017, 10:18:47 PM |
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Lol. You'll end up realizing later who I am when you get your foot out of your mouth.
I checked your shitposting statistic from your signature and it's pretty obvious that you are either professional troll with no life, or you are out of mind. I don't see any sense to continue discussion with you in both cases ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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dbt1033
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April 02, 2017, 12:05:59 AM |
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Sorry @iamnotback, but I don't have time to read posts of every troll in this forum ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Then why are you reading yours. Lol. You'll end up realizing later who I am when you get your foot out of your mouth. Who are you? Asking for a friend ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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jeremypwr
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🤑 Free Bets have been credited 🤑
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April 03, 2017, 02:52:14 AM |
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yes it does
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enixon291077
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September 12, 2018, 09:10:11 AM |
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