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Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
How exactly do I decide what blocks are valid when voting? Why would I want to vote any block as being not valid? Not to mention that putting a "no" vote in a block I am called to vote would result (if the no prevails) in the block becoming orphan and therefore no stake reward for the ticket.
Also the whole voting/staking system is automatic. My tickets are called to vote and they do. I never choose any yes or no for the blocks, I don't even know how. I only know how to vote for other stuff when available, like the lightning network or ticket price algorithm change.
Finally, with staking pools active and used by most, you could argue that staking is also quite centralized.
Also the whole voting/staking system is automatic. My tickets are called to vote and they do. I never choose any yes or no for the blocks, I don't even know how. I only know how to vote for other stuff when available, like the lightning network or ticket price algorithm change.
Finally, with staking pools active and used by most, you could argue that staking is also quite centralized.
I have thoroughly read the Decred Documentation https://docs.decred.org/ and could not find anything describing how to vote "yes" or "no" on individual blocks. I only found how voting works on forks - https://docs.decred.org/getting-started/user-guides/agenda-voting/. I do think this can be done algorithmically as IncludeBeer said. However the voters still receive their block subsidy even if the majority vote "no" on a block. This is because the subsidy is given whenever a voting ticket is selected to vote. The PoW and dev subsidy are lost though and any regular transactions within that block are invalidated as stated in the Decred Constitution near the bottom of the Blockchain Governance section - https://docs.decred.org/getting-started/constitution/.
You set your voting preference to "Yes", "No", or "Abstain" anytime after buying a ticket. Abstain is the default until you change it. Explained here https://docs.decred.org/getting-started/user-guides/agenda-voting/ under Voting Preparation.
Staking pools do make the staking in Decred more centralized compared to other PoS coins but the combination of mining with staking makes Decred's consensus method more decentralized overall.
I figured it out the other day, all the info is in the documentation on the website. When your in the decredetion wallet, you go to the ticket section. So click on the right side where it says ticket below transcations and stuff and the first thing that will pop up is the section where you actually buy a ticket, at the top there is i think 4 tabs, one says my tickets the other goverance, and statistics. Click on the governance tab and it will show whats being voted on. click on that, should be a little 3 dot icon or something, and once you do that you can set your vote to one of three options. Yes, No or abstain. Automatically set to abstain unless you chose yes or no. Hope this helps
Most Important factors/information needed to validate full authenticity of ICOs
Really want to hear from the community some of the things they've personally done to ensure themselves and other of the authenticity and trust of a Project and the types of checklist style requirements needed to be considered not just a authentic project but also have potential, and maybe hear some of the stories of things going wrong
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
Today I shut down my last miners which were still mining DCR. 
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)
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
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
What is actually the distinguishing features between EOS and Ether? What is EOS advantage over Ethereum? I'm just thinking around because of the recent rally around EOS that has impacted on its value.
EOS and Ethereum in many ways is like Windows vs Mac. They are taking very different approaches to the same problem. I support both projects, I believe some of EOS's scaling solutions look really interesting and I suspect that the platforms will appear to different projects for different reasons.
Ethereum is a program that is run on a system, where is EOS is an OS
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
I am really curious about the plans for privacy, is there any ideas on what tech/concepts will be used i.e. Ring signatures, ZK-SNARKS etc.
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
Has anyone else noticed the curious trend in cryptocurrency prices right now where the value of the lowest priced coins is growing by the largest % despite them having a huge coin supply? To me this says that the cryptocurrency space is overflowing with inexperienced traders/investors who have no idea what market cap is or how it's calculated. FOMO fever is the only explanation for this. People just hearing about cryptocurrency feel like they missed the boat on bitcoin and are trying to catch the next big thing. These are the same people who think that they need to be able to afford a whole coin. Take Cardano for example.. at a price of ~$1 it seems like a steal and people like owning a whole coin of something instead of a small fraction of a bitcoin, but then you look closer and see that there is a whopping 25,927,070,538 ADA. That's about 1500x more coins than bitcoin! In a rational market scarcity is what drives up price and many of these coins have billions yet this market seems to be unable to do basic math and rewards it! Crazy.
Why is this relevant to Decred?
Decred ($109, 6,491,330 DCR) has the smallest circulating supply of the top 50 coins with the exception of only Veritaseum ($377, 2,036,645 VERI) and ZCash ($578, 2,948,644). (Bitconnect doesn't count because it is a ponzi scheme) Now cut the circulating Decred coin supply in half due to them being locked up in POS mining. On this simple metric alone the price of Decred in the current market landscape should be so much higher. If and when this irrational market we find ourselves in ever starts to resemble reality then it will put a smile on Decred holders.
Disclaimer: I don't care about technical analysis or swing trading at all. I only hold coins long term for the projects I believe in. In this case it looks like the Decred price is still at least an order of magnitude lower than it should be.
Why is this relevant to Decred?
Decred ($109, 6,491,330 DCR) has the smallest circulating supply of the top 50 coins with the exception of only Veritaseum ($377, 2,036,645 VERI) and ZCash ($578, 2,948,644). (Bitconnect doesn't count because it is a ponzi scheme) Now cut the circulating Decred coin supply in half due to them being locked up in POS mining. On this simple metric alone the price of Decred in the current market landscape should be so much higher. If and when this irrational market we find ourselves in ever starts to resemble reality then it will put a smile on Decred holders.
Disclaimer: I don't care about technical analysis or swing trading at all. I only hold coins long term for the projects I believe in. In this case it looks like the Decred price is still at least an order of magnitude lower than it should be.
I completely agree, just by talking to friends who are noobs to the space, constant questions about ripple and litecoin, because bitcoin is to expensive. Just look at every coin under a dollar. I realized Decred has such low volume because of the sacristy, and half being lock up. the other 3 million seem to just be getting HODLED by people who realize what they have. The project is still young, just wait till more of the coin supply is out. It's just a matter of time
Re: Vertcoin [VTC][ANN] Segwit Activated | ASIC Resistant Decentralized GPU Mining
Correct me if im wrong but wasnt Vertcoin suppose to be one of the anonymous currencies and was, but now they taken those features away but plan on adding them back again in the future?
I dont get why people would buy Ripple over Stellar, The actual action of buying and owning a ripple token essentially means nothing the Ripple coin/token services no purpose. Ripple is not even a cryptocurrency, it has no real blockchain! It's completely centralized and barely anyone has even seen the source code. I agree this is still undervalued and could make some big moves
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
To start I love the Decred project and think it has a great future, but something i was thinking was that technically lets say the price went up a bunch, with the current ticket voting system couldnt some whales come in buy a ton of tickets and vote for things they know are bad for decred? I know that the point of buying the ticket is that your locking in an amount so you havee skin in the game but in the future couldnt say a bank buy a ton of tickets and deciede the fate with negative intentions? And couldnt it become so much for tickets that normal people couldnt afford it
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
Ive been mining Decred for a little while now POW and POS, and following it and what i dont get is why their isnt more hype compared to some of these shitcoins. Developer team is good, constant updates and new stuff coming out regularly, community is growing from what i can tell. what do you all think the next steps are and what needs to happen for this to take off