[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 108.

TheHas

full member

Activity: 616

Merit: 167

Quote from: smeee on August 24, 2017, 10:41:12 PM

Exittus gives a good rundown on the process to stake here

https://www.reddit.com/r/decred/comments/6vljah/how_do_i_stake_decred_and_what_profits_can_you/

Yeah this is a good rundown. Also hoping it gets listed on Binance soon, should help it get more attention.

smeee

newbie

Activity: 15

Merit: 0

Exittus gives a good rundown on the process to stake here

https://www.reddit.com/r/decred/comments/6vljah/how_do_i_stake_decred_and_what_profits_can_you/

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Quote from: MrSunshine on August 24, 2017, 04:53:08 PM

Quote from: IncludeBeer on August 24, 2017, 01:28:45 PM

Quote from: nmd on August 24, 2017, 09:03:31 AM

Quote from: Euro1000 on August 24, 2017, 02:06:35 AM

I am trying to understand the feaures of Decred.
Am I right on this: For the voting process you have to buy tickets (like a lottery). With these tickets you can vote for changes (e.g. Block size) or to rate the last mined block as valid etc. The more tickets you have the higher impact for the voting process is.

Am I right on this? This seems to be special for Decred (beside Hybrid PoW/PoS).

you are pretty right with your assumptions - except that buying tickets is not really like a lottery. tickets have a price and you always get one (at least if you pay enough ticketfee). there's a more than 99% chance (@decred profis, correct me if am wrong) that your ticket gets voted with a 50% chance that it gets voted within the first 28 days.

IMO decred has way too less public attention, it deserves much more. once it gets the attention, price should go up.

You read it too literally. He was correct: the voting process is like a lottery. To participate in the "lottery", you have to buy tickets. But yes, 50% chance your ticket is called to vote within 28 days.

Actually on average every vote takes 28 days or so, not just 50%. Some vote in 1 day, some in 60, but if you stake a lot the average is 28 days, plus one day to mature before you can vote with that Decred again.

Right. So, on average, you can expect 50% of the tickets you buy to be mined within 28 days. As opposed to "only 50% of tickets vote within 28 days."

Temporel

full member

Activity: 224

Merit: 100

very interesting coin.
Any pool suggestions (other than suprnova) ?
TIA

MrSunshine

sr. member

Activity: 1181

Merit: 259

Quote from: IncludeBeer on August 24, 2017, 01:28:45 PM

Quote from: nmd on August 24, 2017, 09:03:31 AM

Quote from: Euro1000 on August 24, 2017, 02:06:35 AM

I am trying to understand the feaures of Decred.
Am I right on this: For the voting process you have to buy tickets (like a lottery). With these tickets you can vote for changes (e.g. Block size) or to rate the last mined block as valid etc. The more tickets you have the higher impact for the voting process is.

Am I right on this? This seems to be special for Decred (beside Hybrid PoW/PoS).

you are pretty right with your assumptions - except that buying tickets is not really like a lottery. tickets have a price and you always get one (at least if you pay enough ticketfee). there's a more than 99% chance (@decred profis, correct me if am wrong) that your ticket gets voted with a 50% chance that it gets voted within the first 28 days.

IMO decred has way too less public attention, it deserves much more. once it gets the attention, price should go up.

You read it too literally. He was correct: the voting process is like a lottery. To participate in the "lottery", you have to buy tickets. But yes, 50% chance your ticket is called to vote within 28 days.

Actually on average every vote takes 28 days or so, not just 50%. Some vote in 1 day, some in 60, but if you stake a lot the average is 28 days, plus one day to mature before you can vote with that Decred again.

revelacaogr

legendary

Activity: 1316

Merit: 1021

2009 Alea iacta est

worth read

Fred Ehrsam
Funding the Evolution of Blockchains

https://medium.com/@FEhrsam/funding-the-evolution-of-blockchains-87d160988481

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Quote from: nmd on August 24, 2017, 09:03:31 AM

Quote from: Euro1000 on August 24, 2017, 02:06:35 AM

I am trying to understand the feaures of Decred.
Am I right on this: For the voting process you have to buy tickets (like a lottery). With these tickets you can vote for changes (e.g. Block size) or to rate the last mined block as valid etc. The more tickets you have the higher impact for the voting process is.

Am I right on this? This seems to be special for Decred (beside Hybrid PoW/PoS).

you are pretty right with your assumptions - except that buying tickets is not really like a lottery. tickets have a price and you always get one (at least if you pay enough ticketfee). there's a more than 99% chance (@decred profis, correct me if am wrong) that your ticket gets voted with a 50% chance that it gets voted within the first 28 days.

IMO decred has way too less public attention, it deserves much more. once it gets the attention, price should go up.

You read it too literally. He was correct: the voting process is like a lottery. To participate in the "lottery", you have to buy tickets. But yes, 50% chance your ticket is called to vote within 28 days.

nmd

newbie

Activity: 7

Merit: 0

Quote from: Euro1000 on August 24, 2017, 02:06:35 AM

I am trying to understand the feaures of Decred.
Am I right on this: For the voting process you have to buy tickets (like a lottery). With these tickets you can vote for changes (e.g. Block size) or to rate the last mined block as valid etc. The more tickets you have the higher impact for the voting process is.

Am I right on this? This seems to be special for Decred (beside Hybrid PoW/PoS).

you are pretty right with your assumptions - except that buying tickets is not really like a lottery. tickets have a price and you always get one (at least if you pay enough ticketfee). there's a more than 99% chance (@decred profis, correct me if am wrong) that your ticket gets voted with a 50% chance that it gets voted within the first 28 days.

IMO decred has way too less public attention, it deserves much more. once it gets the attention, price should go up.

MarSas

hero member

Activity: 574

Merit: 500

Euro1000, you are right. Come on over to Decred slack channel, there is a lot more going on there.

Euro1000

full member

Activity: 209

Merit: 102

I am trying to understand the feaures of Decred.
Am I right on this: For the voting process you have to buy tickets (like a lottery). With these tickets you can vote for changes (e.g. Block size) or to rate the last mined block as valid etc. The more tickets you have the higher impact for the voting process is.

Am I right on this? This seems to be special for Decred (beside Hybrid PoW/PoS).

forzendiablo

legendary

Activity: 1526

Merit: 1000

the grandpa of cryptos

why is this coin so slow, seems it will go down loads in nest days

i will buy in cheap then Wink

Devnant

member

Activity: 118

Merit: 10

If you don't want to trade it constantly, please do stake it.

Praxis

legendary

Activity: 1118

Merit: 1004

Quote from: Krypto-Jack on August 22, 2017, 11:59:30 AM

is it worth stacking ?

Staking? Yes, definitely!
Currently the estimated ROI per ticket is +2.23%
You can see it here: https://dcrstats.com/

Grim

sr. member

Activity: 506

Merit: 252

Quote from: EmilioMann on August 19, 2017, 07:23:55 AM

Quote from: bamsterdam on August 19, 2017, 05:24:01 AM

Quote from: gtzanap on August 19, 2017, 01:21:36 AM

Quote from: bamsterdam on August 18, 2017, 08:30:23 PM

I still dont get why my total balance is higher than my account balance+ tickets * price/ticket

My total balance is what it should be but if I sum up my account balance + tickets is way less Huh

Does someone knows why ?

Maybe you bought those tickets at differerent prices?
There is another number in wallet balance representing the total amount locked by tickets.
That, with your available balance, and if existing, immature stake amounts should make your total balance

I calculated the highest price i bought those tickets so that cant be the problem.
Where can I find the balance representing the total amount of locked tickets? Dont see it in paymetheus?
Seems like only one way to calculate the total banlance you have is to sum up the x amount of tickets and your availible balance, right? But if I sum those up I have arrounf 85% of the total balance, so strange. Could it be fee for the tickets I bought?

This is a display bug that happened in old gui wallets and that was fixed with a rescan.

Probably you have the wallet outdated, since 1.0.5 this bug isn't happen .

same bug (i used 1.0.4)

so how to rescan ?

finist4x

legendary

Activity: 1696

Merit: 1016

Friends! Support your coin...

https://bitcointalksearch.org/topic/m.21058883

Krypto-Jack

newbie

Activity: 17

Merit: 0

is it worth stacking ?

vel12

full member

Activity: 475

Merit: 101

Quote from: Gillette on August 21, 2017, 02:01:50 AM

Where can I find the latest roadmap of Decred?

https://blog.decred.org/2017/08/02/2017-Roadmap-Update-1/

Gillette

hero member

Activity: 744

Merit: 500

Where can I find the latest roadmap of Decred?

Cimmy_revenger

sr. member

Activity: 1106

Merit: 252

Dextrust.org #Defi

Back to the price of 0.00639 BTC But in dollar exchange rate is not too sharp to the south.
I ask for recommendation for DCR better buy back or better save it to go back to price 0.018 BTC , The last few times i was confused about altcoin prices.
This may be the effect of an increasingly expensive bitcoin price.

bamsterdam

sr. member

Activity: 453

Merit: 261

Look Morty magic internet money

Quote from: EmilioMann on August 19, 2017, 07:23:55 AM

Quote from: bamsterdam on August 19, 2017, 05:24:01 AM

Quote from: gtzanap on August 19, 2017, 01:21:36 AM

Quote from: bamsterdam on August 18, 2017, 08:30:23 PM

I still dont get why my total balance is higher than my account balance+ tickets * price/ticket

My total balance is what it should be but if I sum up my account balance + tickets is way less Huh

Does someone knows why ?

Maybe you bought those tickets at differerent prices?
There is another number in wallet balance representing the total amount locked by tickets.
That, with your available balance, and if existing, immature stake amounts should make your total balance

I calculated the highest price i bought those tickets so that cant be the problem.
Where can I find the balance representing the total amount of locked tickets? Dont see it in paymetheus?
Seems like only one way to calculate the total banlance you have is to sum up the x amount of tickets and your availible balance, right? But if I sum those up I have arrounf 85% of the total balance, so strange. Could it be fee for the tickets I bought?

This is a display bug that happened in old gui wallets and that was fixed with a rescan.

Probably you have the wallet outdated, since 1.0.5 this bug isn't happen .

I hope not cause then a hole lot decred just dissapeared since the total balance is what it should be.

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 108. (Read 1201407 times)