[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 102.

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: iCEBREAKER on September 23, 2017, 02:06:34 AM

Is there a site that tracks the ROI of staking Decred vs Peercoin vs Dash, etc.?

Seems like an opportunity to offer shorter-term CFD or bond exposure to the rates for a tiny management fee.

Or a mutually beneficial hedging arrangement. EG, 11 people split 110% the cost of a DCR ticket or Masternode or whatever. 10% is kept in reserve so any one of the 11 may reclaim their stake at any time at the cost of forfeiting their share of the stake mined coins. The rest enjoy 90% or 100% of regular rates plus the benefit of the early withdrawal option. And the extra 10% could be entered into a separate scheme of the same design.

Given working markets of ~friction-free atomic swaps and smart contracts for difference, arbitrage between staked coins should drive the ROI similar levels.

DCR is a joke ~ there is no community only sockpuppets of devs ... the air drop was fraudulent. I hope they catch the bad actors here :\

szfinx

sr. member

Activity: 322

Merit: 250

Quote from: NeuroticR on September 25, 2017, 06:59:11 AM

Ideally, what should be the lowest amount of Decred for solo PoS? Sorry for the noob question. Cheers.

There isn't really a minimum amount.... But if you are doing it for financial profit, the ticket extra reward would need to cover your VPS rental expenses.

You would need at least enough DCR for 1 ticket which is about £2000.
Reward is 1.4 DCR average within a month which is about £40
5% fee mean you would pay £2 for the pool operator after every ticket.

Staking on a 2GB memory VPS is plenty, it would cost £3 a month. You would need 2 of them for redundancy. It would cost £6 and a few hours to set them up.

Therefore if you stake with only 3 tickets, your pool expenses very similar as the VPS cost... If you stake with more than 3 tickets, you are financially better off by solo staking with 2 VPSs.

NeuroticR

full member

Activity: 281

Merit: 108

Crypto Enthusiast, Crypto Critic

Ideally, what should be the lowest amount of Decred for solo PoS? Sorry for the noob question. Cheers.

_ingsoc

sr. member

Activity: 452

Merit: 251

Quote from: metallicelmo on September 25, 2017, 03:27:17 AM

So if I have a Decred wallet (windows) I have to update to the new version?

Yes, this release of Paymetheus is likely to be the last, or one of the last, Paymetheus releases. Efforts are being unified into development of the cross-platform GUI, Decrediton. Once that's ready, Paymetheus users can import their seed into Decrediton. A lot of developers have joined Decred and are actively contributing to Decrediton - it's being enhanced at a rapid pace.

In the meantime, this release of Paymetheus contains the updates for voting on DCP0002 and DCP0003 (Decred Change Proposals) and is intended as an interim release to smooth the migration process. Docs for DCP0003 will be here soon™.

metallicelmo

sr. member

Activity: 882

Merit: 252

So if I have a Decred wallet (windows) I have to update to the new version?

_ingsoc

sr. member

Activity: 452

Merit: 251

Quote from: riskthebiscuit on September 24, 2017, 08:43:10 PM

Upgrade is 100% mandatory? I would prefer not to if I dont have to, as I suck at installing new wallets Grin

Yes, it is. v1.1.0 "Thunderstruck" is the preamble to Lightning Network and involves a new vote agenda. Earlier versions risk being forked off the network if the vote passes once the new opcode is used. The hope is to start voting by October 1st.

Quote from: bspus on September 25, 2017, 03:15:37 AM

Will we need to do a clean install? Blockchain from scratch and all?

No reseeding of your wallet is required, and you certainly don't need to download the blockchain again if you already have it. Just download, install, and you're good to go!

bspus

legendary

Activity: 2165

Merit: 1002

Will we need to do a clean install?
Blockchain from scratch and all?

riskthebiscuit

sr. member

Activity: 518

Merit: 252

Quote from: MarSas on September 24, 2017, 04:18:51 PM

Quote from: UnknownX on September 24, 2017, 02:25:57 AM

Nice news! When voting will begin? Was the date announced and I have just missed this info?

Enough people need to update first. Once that happens, the voting will start.

Upgrade is 100% mandatory? I would prefer not to if I dont have to, as I suck at installing new wallets Grin

MarSas

hero member

Activity: 574

Merit: 500

Quote from: UnknownX on September 24, 2017, 02:25:57 AM

Nice news! When voting will begin? Was the date announced and I have just missed this info?

Enough people need to update first. Once that happens, the voting will start.

UnknownX

full member

Activity: 175

Merit: 100

Quote from: _ingsoc on September 23, 2017, 06:05:26 PM

Decred v1.1.0 "Thunderstruck" is out! New consensus vote agenda for Lightning Network features, better support for cross-chain interoperability, wallet & GUI improvements/fixes. Make sure you upgrade - everyone is getting ready for the next vote. Remember to do research, ask questions, and set your voting preferences. Enjoy!

Nice news! When voting will begin? Was the date announced and I have just missed this info?

mikhael

sr. member

Activity: 317

Merit: 317

Quote from: Luigi21 on September 23, 2017, 11:50:50 AM

What are the future features that decred will implement? I've read about atomic swap and a tweet made by founder of litecoin about decentralized exchange. Why there aren't a roadmap that make the things more clear?

In the future Decred will have a enhanced privacy features that will surprise everyone. It will take a different approach than those being implemented normally by other projects at present. The roadmap can be found here.

_ingsoc

sr. member

Activity: 452

Merit: 251

Decred v1.1.0 "Thunderstruck" is out! New consensus vote agenda for Lightning Network features, better support for cross-chain interoperability, wallet & GUI improvements/fixes. Make sure you upgrade - everyone is getting ready for the next vote. Remember to do research, ask questions, and set your voting preferences. Enjoy!

statdude

legendary

Activity: 1498

Merit: 1000

Quote from: Luigi21 on September 23, 2017, 11:50:50 AM

What are the future features that decred will implement? I've read about atomic swap and a tweet made by founder of litecoin about decentralized exchange. Why there aren't a roadmap that make the things more clear?

Agreed. are there actually plans for some kind of decred sponsored exchange, or is this more of just a tech exhibition?

Luigi21

sr. member

Activity: 644

Merit: 262

What are the future features that decred will implement? I've read about atomic swap and a tweet made by founder of litecoin about decentralized exchange. Why there aren't a roadmap that make the things more clear?

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Is there a site that tracks the ROI of staking Decred vs Peercoin vs Dash, etc.?

Seems like an opportunity to offer shorter-term CFD or bond exposure to the rates for a tiny management fee.

Or a mutually beneficial hedging arrangement. EG, 11 people split 110% the cost of a DCR ticket or Masternode or whatever. 10% is kept in reserve so any one of the 11 may reclaim their stake at any time at the cost of forfeiting their share of the stake mined coins. The rest enjoy 90% or 100% of regular rates plus the benefit of the early withdrawal option. And the extra 10% could be entered into a separate scheme of the same design.

Given working markets of ~friction-free atomic swaps and smart contracts for difference, arbitrage between staked coins should drive the ROI similar levels.

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: 777asianinvasian on September 20, 2017, 07:35:35 PM

So sick! What awesome news about atomic swap. This is just another step in the right direction for Decred. Also the fact that roughly 41% is locked up in POS mining through

Decreds revolutionary POA (proof of activity) is a solid thumbs up. Gotta like the direction that this is heading in now

That is a very good development of the DCR.

sgtwiggles

jr. member

Activity: 50

Merit: 1

This is non news and not ground breaking. Sorry guys. Good for decred but Blocknet did this with LTC months ago. This is non news really. Charlie Lee even retweeted it on 19th april MONTHS ago. https://bitcointalk.org/index.php?topic=829576.msg18658845;topicseen here is literally like 16 videos of atmic swaps across different currencies> https://www.youtube.com/channel/UCCDBoR9fHb21bLH7FGvFrQg/videos

MarSas

hero member

Activity: 574

Merit: 500

Quote from: bileq on September 21, 2017, 09:51:40 AM

hey guys my live ticket can not vote yet from 25 july i tried to revoke it but its not cancelled? how can i take back my coins?
im using paymetheus decred wallet and made settings for dcr.stakeminer.com and it still looks live ticket on the pool.

You cannot cancel a ticket. You have to wait for it to vote or expire.

boopy265420

legendary

Activity: 1876

Merit: 1005

It sounds great that first on chain atomic swap went successful according to Chalie Lee's post on social media. I completely missed it but near evening saw via another source. It is big thing happened this swap between Decred and Litecoin. One more reason to be excited about ground breaking things happening in blockchain.

gtzanap

sr. member

Activity: 409

Merit: 250

Quote from: bileq on September 21, 2017, 09:51:40 AM

hey guys my live ticket can not vote yet from 25 july i tried to revoke it but its not cancelled? how can i take back my coins?
im using paymetheus decred wallet and made settings for dcr.stakeminer.com and it still looks live ticket on the pool.

You can't, you have to wait.
Either it will vote eventually, or it will expire, after a total of about 6 months.
So you are still not even halfway there. It could vote anytime from day one, but it can take much longer if you're unlucky

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 102. (Read 1201764 times)