Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 129. (Read 1201327 times)

Guys, what is exactly a lighning network? I heard this name many times, but what is it and how will it be implemented in the Decred network, do you have a link?

Here you will find a simple and good explanation: https://thedecreddigest.com/2017/05/14/vote-for-lightning/

Guys, what is exactly a lighning network? I heard this name many times, but what is it and how will it be implemented in the Decred network, do you have a link?

It has been corrected, but run only when a vote is over:
https://voting.decred.org/

This is essence of Decred. Voting deciding instead of hard forks.

I thought version 1.0 should have fixed the swinging ticket prices? Did I read wrong? since prices are still going all over the place

Ok, I get it.

So I assume if this will be voted succesfully (most likely), than the devs will start to work on it. Could it be already implemented in 2017 or it's going to be a longer-term story?

Simple google can answer your question, to dumb it for you faster confirmation and low fees. As for the implementation might as well research it for yourself.
Doing research, you will benefit in the long run

Guys, what is exactly a lighning network? I heard this name many times, but what is it and how will it be implemented in the Decred network, do you have a link?

lighting network activation will make coins like litecoin and decred compatible to atomic blockswap across chains? decred will probably have  first mover advantage as the vote is 98% in favour of this change.. with low market depth because 38% of all coins are staking in wallets means price movement could be very quick and people will see 200% -300% profits in a day.. it is the time to buy now at the best price you can get hold for a couple of months and stake to increase your supply.. should be a good investment.. as trader i would trade the highs and the lows but be careful not to loose your position.

I think decred is not ready for the competition yet.

I think governance can be a killer app if done correct so DCR can be a sleeping giant like some people say.
I like decred a lot and it is a big portion of my portofolio, but im also worried a lot because;

The fundamentals are pretty negative atm if you ask me;
1) miners are dual mining and making a lot sell pressure.
2) Tickets fee are skyrocketing on low ticket price giving the miners a lot of extra fee ever block (approx 0,25 dcr a ticket)
3) A huge rise of x20

Beside that i think also that because all the sell pressure its not even worth keeping the coins locked in POS and that can be a serieus problem.
Cause how can you get democrazy like this. You can lock your coins for 2,5 to 3% but the coin makes swings of 40% in that same period.
That makes is insane risky for the people that buy the coins around this price.

The 28 day on avarage lock is just a lot, would be much better if the tickets where cheaper and the lockdown/reward were lower.

Example instead of 5 tickets 10 will be picked this lowers the waiting time, and lower the reward you get to composate for the same pos supply.

Beside the fundamental i also think there should be more like a aim for the coin. Now its a coin in the middle.
Obvious its mostly focussed on being a payment system, but there are a lot coins out there like that so thats a really hard market to crack.
XEM is a great example aiming for enterprise so at least people know what they need to market.

Ofcourse a coin with governance can go every way that people vote for but first the coin need to get usage so it can increase in value, this is more
important than people know. Think about dev subsidy and developers joining etc.

Nice project. Just bought a ton of it over the last week... all ready to go. are you?