this video is simply beautiful
https://www.youtube.com/watch?v=GTTXwgKoBkg
Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 152. (Read 1201380 times)
April 05, 2017, 03:30:41 PM
April 05, 2017, 03:01:33 PM
The PoW difficulty chart is starting to look like Ethereum's did before the price boom Cheesy Cheesy
April 05, 2017, 02:19:42 PM
Play with DECRED useless coins 
You already can buy an apartment on the beach in Rio de Janeiro - Brazil with Decred
https://twitter.com/decredproject/status/849692402839433221
April 05, 2017, 12:51:22 PM
Ah, I remember when this coin was first starting out. I wasn't sure to enter in or not. It's good to see it's doing good.
April 05, 2017, 12:48:28 PM
The coins for POS and the tickets are inside the blocks that are mined by the POW miners.
Each block mined by POW has 5 tickets + 25.57 coins currently.
15.34 coins for the POW miner
7.65 for POS miners (1.53 DCR per ticket)
2,58 for the development fund.
The payment system is self-sustaining and doesn't depend on the input of new users. Where is the ponzi? Are you functional illiterate?
Each block mined by POW has 5 tickets + 25.57 coins currently.
15.34 coins for the POW miner
7.65 for POS miners (1.53 DCR per ticket)
2,58 for the development fund.
The payment system is self-sustaining and doesn't depend on the input of new users. Where is the ponzi? Are you functional illiterate?
April 05, 2017, 10:49:30 AM
A few people have been asking for an explanation of Decred's PoS system. Here it is 
Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks. /// Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.
Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks. /// Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.
^sounds like a ponzi scheme! what is the USE of this coin? there is NONE but HOARDING?
*is Meni Rosenfeld still involved?~is the Jewish Bitcoiners still behind this? :-D lulz
April 05, 2017, 10:46:22 AM
Me, too. Keep in Wallet carefully.
I suggest you to withdraw coins from exchange and lock them in Proof-of-Stake mining
Nice to have some free coins, while you waiting for the rise.
https://docs.decred.org/mining/proof-of-stake/
^very wise to get them off bittrex!
very smart advice indeed!~jmho April 05, 2017, 08:28:10 AM
Me, too. Keep in Wallet carefully.
I suggest you to withdraw coins from exchange and lock them in Proof-of-Stake mining
Nice to have some free coins, while you waiting for the rise.
https://docs.decred.org/mining/proof-of-stake/
Nice thanks, i will try
April 05, 2017, 07:05:36 AM
Me, too. Keep in Wallet carefully.
I suggest you to withdraw coins from exchange and lock them in Proof-of-Stake mining
Nice to have some free coins, while you waiting for the rise.
https://docs.decred.org/mining/proof-of-stake/
April 05, 2017, 02:59:13 AM
We are ready for $5- 
big fake pump > big real dump
big fake pump > big real dumpIt might drop a bit. But in the long term, it will rise.
I was bought at 12 dollars and yes I beleive that in the long term it will rise.
April 05, 2017, 02:32:56 AM
We are ready for $5- big fake pump > big real dump
big fake pump > big real dumpIt might drop a bit. But in the long term, it will rise.
I was bought at 12 dollars and yes I beleive that in the long term it will rise.
In the long run, it will pay off, even if you bought high last raise. Decred will go skyrocket if ppl see it's real potential. Just stay calm and keep the coins in your wallet.
April 05, 2017, 01:52:48 AM
We are ready for $5- big fake pump > big real dump
big fake pump > big real dumpIt might drop a bit. But in the long term, it will rise.
I was bought at 12 dollars and yes I beleive that in the long term it will rise.
April 05, 2017, 01:45:52 AM
Whales manipulating the hell out of DCR. So glad I can accumulate more. FEED ME!!!
Whales are more generous these days, good time to grab some more and enjoy it while it lasts.
April 05, 2017, 12:32:53 AM
Whales manipulating the hell out of DCR. So glad I can accumulate more. FEED ME!!!
April 04, 2017, 03:38:26 PM
by default votebits are set to abstain, here an explanation https://docs.decred.org/getting-started/user-guides/testnet-voting/#an-explanation-of-votebits if PoS stakers vote against a block only PoW miners lost their reward.
April 04, 2017, 02:35:03 PM
A few people have been asking for an explanation of Decred's PoS system. Here it is
Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks. /// Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.
Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks. /// Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.
When I purchase a ticket and it votes:
1) How do I control whether it votes yes or no on the block it is called to vote?
2) if the block is not accepted due to a majority of NO votes, that also means I don't get the stake reward. Why would I ever want to vote no?
April 04, 2017, 01:23:41 PM
A few people have been asking for an explanation of Decred's PoS system. Here it is
Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks. /// Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.
Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks. /// Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.
April 04, 2017, 01:12:57 PM
On v1.0.0 release, we will also hold a vote to determine whether or not Devs should begin lightning network integration.
April 04, 2017, 12:38:47 PM
We are ready for $5- big fake pump > big real dump
big fake pump > big real dumpIt might drop a bit. But in the long term, it will rise.
April 04, 2017, 12:37:14 PM
Everyone, please do not respond to Gembitz / quote what he says. He seems to thrive on attention. Starve him, and he will fade away.
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