Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go
by
IncludeBeer
on 12/02/2017, 22:44:11 UTC

So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.

Ticket fee is per Kb.
A block currently has just over 500 bytes, so the price placed to fee, isn't the amount that will be discounted from your prize.
If you set a 1.5DCR ticket fee, you will actually pay a little over half that, around 0.85DCR.



imo for that purpose and for lazy ones there is always https://evolution.dcrstats.com/en pool that takes care of it automaticly, only settings you need to set are max ticket price you are wiling to pay and max fee. easy

Some things need to be cleared up.
Traditional stake pools don't require trust.
There is no risk of a hacker attack stealing your coins or someone running away with them. Because they are not in the pool, they are still with you in your wallet.
In evolution you need trust.
You actually send your coins there and you can lose them If something bad happens
Evolution isn't an official service offered by Decred's devteam, it's a side project, created by the dcrstats pool owner, who is just a member of the community like all of us.

Interesting, thank you. So how to join a traditional stake pool? Is it all done from cli wallet?

Lots of good stats about Decred here: https://dcrstats.com/ At the bottom of the main page, you will also see a list of stake pools for decred, and some info about each.  Just select one, and follow the instructions from that stake pool.  IMO, they all have pretty good instructions.

Also, while it's true you need to trust the operator of the Evolution service, he is a good standing, active community member and many people use that service because of it's simplicity and effectiveness.  Even if you decide not to use it, I'd encourage you to check it out.  The UI alone gives a good idea of how voting "works".