Some people have PMed me about how witness mechanism works in DECENT. This might be some other people's curiosity too, so I decided to write here as well.
First of all: miner = witness. These words are interchangeable in DECENT. They mean block producer.
DPOS is an algorithm whereby stakeholders elect an odd number of block producers. Each round the block producers are shuffled and assigned a time slot in which they should produce a block. With this process in place, the longest chain is considered the best chain. It is impossible for a minority of block producers to create a longer chain because they would be producing fewer blocks per minute than the majority blockchain.
There is a rank. The most voted witness is number 1. The second most voted witness is number 2, and so it goes.
At this moment, the number of miners is 51. As a result one need to be in the top 51 most voted miners to be assigned blocks. The probability of being assigned a block is 1/51 if you are on the active miners list (top 51) or zero if you are out of the list. It doesn't make any difference if you are number one or number 51 in the rank.
Every 24 hours the votes are calculated. So you will not see your votes increasing the "total_votes" figure until 0:00 GMT.
If you have X DCT your votes will be X*100000000 (one satoshi of a DCT results in one vote). You can vote for as many witnesses you want with the same votes. You don't split votes. The voting power is the same regardless of how many miners you voted for. For example, if you vote for yourself with 5000000 votes, you can vote for me and we both will have 5000000 votes each. You will not lose a single vote for voting for me.
We are on the early days of DECENT. I personally believe 51 is too many active miners. The community will probably vote for less, because a high number causes a longer time for the last irreversible block.
I'm here if you need any additional help.
jvper
Topic: - - page 273. (Read 713527 times)
I want to buy from those sweet bounty dumpers already
The price seems stable around 30ksat now which is above the ICO price, I do believe the with the way the team want sot go about the distribution of the tokens the price won't be affect alot. The tokens will be distributed in 3 batches
"The tokens will be distributed in 3 batches"
Didn't know that, thanks.
After the whole distribution process, we can focus on the product.
I want to buy from those sweet bounty dumpers already
The price seems stable around 30ksat now which is above the ICO price, I do believe the with the way the team want sot go about the distribution of the tokens the price won't be affect alot. The tokens will be distributed in 3 batches
Alot of bounty posts on this thread, I think by now the team should start collection of addresses and soon the first batch of tokens should be distributed to the bounty hunters, it is interesting that these developers will ask for support during their campaign but find it difficult to distributed the tokens promised after the ICO
yeah they must turn the table and give the coins to the bounty hunters so some weak hands will dump and some will buy that dump, that will be seen the true price of decent.
Alot of bounty posts on this thread, I think by now the team should start collection of addresses and soon the first batch of tokens should be distributed to the bounty hunters, it is interesting that these developers will ask for support during their campaign but find it difficult to distributed the tokens promised after the ICO
How to scam people by offering a bounty?
Open an ico and offer bounty to people (like decent did)
Take 1 year or more for main net (like decent did)
Take another 1 year for releasing bounty info (like decent doing now)
Take another year for distribution of bounty (like decent will do later)
People will die,forget,leave their bounty and dev team legally eat the shares from bounty participants.
This is how you can legally commit to a bounty scam! Spread the world.
Open an ico and offer bounty to people (like decent did)
Take 1 year or more for main net (like decent did)
Take another 1 year for releasing bounty info (like decent doing now)
Take another year for distribution of bounty (like decent will do later)
People will die,forget,leave their bounty and dev team legally eat the shares from bounty participants.
This is how you can legally commit to a bounty scam! Spread the world.
Cry me a river, how much did you lose?
So what? It was still free money.
Idiots have no idea 💡and always thought that bounty is free, morons.
What actually would be your benefit if you spent valuable time promoting a project and get a worthless reward because of your own careless comments? think about it. I promoted chronobank and missed some very good projects but in the end they didn't reward me but I let it go, I have investment in their project so I wont say much. Decent will never do that to bounty participants, plus they made it clear from the beginning that bounty rewards would be paid in waves over a period of time so what's actually your point? you can't understand what you read?
when will be bounty ? or any annoncument made yet ?
It looks like they will give it another 10 years, I guess you will not get it soon, I see the quality of DECENT is much better at least not to worry about the DECENT price going down drastically in the future if they do bounty distributionOh relax, the price has stabled for a couple days now because the dumpers are out of coins... we will see a huge increase in price within 1 month. wait and see
I also think good days are coming very soon just relax no need to get panic almost all dumpers are out from this coin. That's why I also agreed with you price will skyrocket in coming days and it will more stable.
I haven't bought more because I'm waiting for the bounty dumpers. I imagine many others are in my boat. So imagine the buy support would be even greater if others were not waiting for bounty dumpers. Evens out.
If you are thinking that this price dump is not by the bounty dumpers then think about what will happen when the bounty users will get their coin , do you think they will dump, the bounty supply was only 1 to 10% so i dont think that it will affect more price going down. So it is good to start buying now.
ONLY 1 million coins for bounty... and you don't think that won't affect?
Do you think the bounty coins belong to only the dumpers? I believe at least 60% of the bounty share will be with strong supporters so if you are hoping all 1 million coins would be dumped then think again. DCT probably launched at a time investors are uncertain about bitcoin and exiting but whatever happens to bitcoin has nothing with the strong tech and idea behind decent. Soon as exchangers pair DCT/USD/EURO and partnerships announced/contents start running on decent, we will touch the moon.
I think most of them are dumpers yes. Hopefully i am wrong and this flies, but i have some very low buy orders just in case.
when will be bounty ? or any annoncument made yet ?
It looks like they will give it another 10 years, I guess you will not get it soon, I see the quality of DECENT is much better at least not to worry about the DECENT price going down drastically in the future if they do bounty distributionOh relax, the price has stabled for a couple days now because the dumpers are out of coins... we will see a huge increase in price within 1 month. wait and see
I also think good days are coming very soon just relax no need to get panic almost all dumpers are out from this coin. That's why I also agreed with you price will skyrocket in coming days and it will more stable.
I haven't bought more because I'm waiting for the bounty dumpers. I imagine many others are in my boat. So imagine the buy support would be even greater if others were not waiting for bounty dumpers. Evens out.
If you are thinking that this price dump is not by the bounty dumpers then think about what will happen when the bounty users will get their coin , do you think they will dump, the bounty supply was only 1 to 10% so i dont think that it will affect more price going down. So it is good to start buying now.
ONLY 1 million coins for bounty... and you don't think that won't affect?
Do you think the bounty coins belong to only the dumpers? I believe at least 60% of the bounty share will be with strong supporters so if you are hoping all 1 million coins would be dumped then think again. DCT probably launched at a time investors are uncertain about bitcoin and exiting but whatever happens to bitcoin has nothing with the strong tech and idea behind decent. Soon as exchangers pair DCT/USD/EURO and partnerships announced/contents start running on decent, we will touch the moon.
How to scam people by offering a bounty?
Open an ico and offer bounty to people (like decent did)
Take 1 year or more for main net (like decent did)
Take another 1 year for releasing bounty info (like decent doing now)
Take another year for distribution of bounty (like decent will do later)
People will die,forget,leave their bounty and dev team legally eat the shares from bounty participants.
This is how you can legally commit to a bounty scam! Spread the world.
Open an ico and offer bounty to people (like decent did)
Take 1 year or more for main net (like decent did)
Take another 1 year for releasing bounty info (like decent doing now)
Take another year for distribution of bounty (like decent will do later)
People will die,forget,leave their bounty and dev team legally eat the shares from bounty participants.
This is how you can legally commit to a bounty scam! Spread the world.
Take your entitlement and leave the crypto community, we have no use for bounty begging scum. You seriously complain that the developer with a new technology needs ONE year to release the main net? Do you ever programmed shit? Obviously not, otherwise you wouldn't talk out off your ass.
Read twice or ask someone to translate them into your native language. People may die,forget,leave , did you read this 3 word clearly? What is your problem man? Are u an investor or bounty participant ?
Both, but don't worry you can dump yours, like they said, within 3 months after the release, first batch could be end of this month for all we know. Imho btc investors should get to dump before the bounty hunters. I see that you disagree with that.
What it may be, The Bounty participants are key people who helped a lot in the success of DECENT ICO.
Bounty participants are more than equal to Investors, because without them - the ICO may not success like this. So give respect to them.
Also take measures to release Bounty coins as early as possible.
Bounty participants are more than equal to Investors, because without them - the ICO may not success like this. So give respect to them.
Also take measures to release Bounty coins as early as possible.
How to scam people by offering a bounty?
Open an ico and offer bounty to people (like decent did)
Take 1 year or more for main net (like decent did)
Take another 1 year for releasing bounty info (like decent doing now)
Take another year for distribution of bounty (like decent will do later)
People will die,forget,leave their bounty and dev team legally eat the shares from bounty participants.
This is how you can legally commit to a bounty scam! Spread the world.
Open an ico and offer bounty to people (like decent did)
Take 1 year or more for main net (like decent did)
Take another 1 year for releasing bounty info (like decent doing now)
Take another year for distribution of bounty (like decent will do later)
People will die,forget,leave their bounty and dev team legally eat the shares from bounty participants.
This is how you can legally commit to a bounty scam! Spread the world.
hello, everyone, I have a DCT miner named allowance, I want you to vote for me, i have about 15000DCT, and I am trying my best to be a reliable witness. I will vote you back, thank you!
I will love to run the miner, but I'm getting error when I run the program, which operating system are you using
I used a Linux installed on an VPS, the operating system is Ubuntu 16.04. Here is the guide to run the miner, https://steemit.com/decent/@fad88/guide-build-decent-and-start-mining-from-scratch-on-ubuntu-16-04-for-dummies. Wish you good luck.
I did everything the same way as the instructions from the miner: https://wiki.decent.ch/doku.php?id=decent:howto#start_mining_validating I try to run, it gives an error:
And another question, before launching the miner in my purse was 1 DCT, there are currently: 0.495 DCT Where did my coins go? Should there be additional open ports on the Firewall?
Code:
C: \ Program Files \ DECENT> decentd.exe --rpc-endpoint 127.0.0.1:8090 --miner-id "1.4.177" --private-key ["DCT6nv1gGKL5Gzn37MaZSrBHeDQKrXYLRjUiDXozZaX8ySA4gWjPb", "private-key-or-wallet" ] --data-dir = "D: \ Wallets \ Decent \ Blockchain"
734770ms th_a miner.cpp: 90 plugin_initialize] miner plugin: plugin_initialize () begin
734771ms th_a miner.cpp: 119 plugin_initialize] 4 parse_error_exception: Parse Error
Can not parse a number with two decimal places
{}
Th_a json.cpp: 277 fc :: number_from_stream
{"Str": "1.4.177"}
Th_a json.cpp: 478 fc :: json :: from_string
734771ms th_a main.cpp: 250 main] Exiting with error:
4 parse_error_exception: Parse Error
Can not parse a number with two decimal places
{}
Th_a json.cpp: 277 fc :: number_from_stream
{"Str": "1.4.177"}
Th_a json.cpp: 478 fc :: json :: from_string
Rethrow
{}
Th_a miner.cpp: 119 graphene :: miner_plugin :: miner_plugin :: plugin_initialize
And another question, before launching the miner in my purse was 1 DCT, there are currently: 0.495 DCT Where did my coins go? Should there be additional open ports on the Firewall?
Try running on Ubuntu 16.04 instead. DECENT mining has not been thoroughly tested on Windows.
Miner creation costs 0.5 DCT. Some other actions cost 0.005 DCT. You probably did one.
Code:
1 - 0.5 - 0.005 = 0.495
I did everything the same way as the instructions from the miner: https://wiki.decent.ch/doku.php?id=decent:howto#start_mining_validating I try to run, it gives an error:
And another question, before launching the miner in my purse was 1 DCT, there are currently: 0.495 DCT Where did my coins go? Should there be additional open ports on the Firewall?
Code:
C: \ Program Files \ DECENT> decentd.exe --rpc-endpoint 127.0.0.1:8090 --miner-id "1.4.177" --private-key ["DCT6nv1gGKL5Gzn37MaZSrBHeDQKrXYLRjUiDXozZaX8ySA4gWjPb", "private-key-or-wallet" ] --data-dir = "D: \ Wallets \ Decent \ Blockchain"
734770ms th_a miner.cpp: 90 plugin_initialize] miner plugin: plugin_initialize () begin
734771ms th_a miner.cpp: 119 plugin_initialize] 4 parse_error_exception: Parse Error
Can not parse a number with two decimal places
{}
Th_a json.cpp: 277 fc :: number_from_stream
{"Str": "1.4.177"}
Th_a json.cpp: 478 fc :: json :: from_string
734771ms th_a main.cpp: 250 main] Exiting with error:
4 parse_error_exception: Parse Error
Can not parse a number with two decimal places
{}
Th_a json.cpp: 277 fc :: number_from_stream
{"Str": "1.4.177"}
Th_a json.cpp: 478 fc :: json :: from_string
Rethrow
{}
Th_a miner.cpp: 119 graphene :: miner_plugin :: miner_plugin :: plugin_initialize
And another question, before launching the miner in my purse was 1 DCT, there are currently: 0.495 DCT Where did my coins go? Should there be additional open ports on the Firewall?
when will be bounty ? or any annoncument made yet ?
It looks like they will give it another 10 years, I guess you will not get it soon, I see the quality of DECENT is much better at least not to worry about the DECENT price going down drastically in the future if they do bounty distributionOh relax, the price has stabled for a couple days now because the dumpers are out of coins... we will see a huge increase in price within 1 month. wait and see
I also think good days are coming very soon just relax no need to get panic almost all dumpers are out from this coin. That's why I also agreed with you price will skyrocket in coming days and it will more stable.
when will be bounty ? or any annoncument made yet ?
It looks like they will give it another 10 years, I guess you will not get it soon, I see the quality of DECENT is much better at least not to worry about the DECENT price going down drastically in the future if they do bounty distributionOh relax, the price has stabled for a couple days now because the dumpers are out of coins... we will see a huge increase in price within 1 month. wait and see
I also think good days are coming very soon just relax no need to get panic almost all dumpers are out from this coin. That's why I also agreed with you price will skyrocket in coming days and it will more stable.
I haven't bought more because I'm waiting for the bounty dumpers. I imagine many others are in my boat. So imagine the buy support would be even greater if others were not waiting for bounty dumpers. Evens out.
If you are thinking that this price dump is not by the bounty dumpers then think about what will happen when the bounty users will get their coin , do you think they will dump, the bounty supply was only 1 to 10% so i dont think that it will affect more price going down. So it is good to start buying now.
In https://liqui.io/ DCT is IOU as well. Why don't they bother to change to mainnet?
Because liqui still waiting for their ico coin to be distributed by decent team. IOU dct doesn't exist in real.So liqui have to wait a little until they received their initial purchased DCT from ico. Can dev give us an estimate about how much (%) dct they distributed to investors till date?
Code:
locked >>> get_real_supply
get_real_supply
{
"account_balances": "5132732311588076",
"vesting_balances": "2093116269181",
"escrows": 2312597700
}
So if we take the account balances and divide it by 100 million, then that gives us the total supply. If we do that to the vesting balance we get 20,931.16269181 DCT.
So I'm confused by this.
does anyone had a problem with DCT deposit on hitbtc?
Do not deposit on that page, they have a lot of problems with deposits and withdrawals, and they do not have credibility, I was traded snm there and removing them was a nightmare
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