[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 16.

MrSunshine

sr. member

Activity: 1181

Merit: 259

Quote from: sompitonov on October 02, 2019, 04:05:39 AM

@gembitz, Are you lost your money and cry on this topic? Stop please, anyway I just agnore you

Guys, How is privacy influence on regulation from the side exchanges and AML, FAFT? Can decred faces with some problems, what your think about that?

I think it will not have much if any impact as it is an optional feature. With cash I can privately hand you a $10 bill, or send you $10 from my bank for all to see.

sompitonov

legendary

Activity: 1666

Merit: 1218

@gembitz, Are you lost your money and cry on this topic? Stop please, anyway I just agnore you

Guys, How is privacy influence on regulation from the side exchanges and AML, FAFT? Can decred faces with some problems, what your think about that?

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Wind_FURY on September 19, 2019, 04:41:50 AM

Quote from: EmilioMann on September 13, 2019, 01:49:12 PM

LOL the fudders decided to make a coordinated attack.
As has been said a thousand times before, but gembitz e jwinterm ignore, the premine was distributed via airdrop to the community and the other half was not for "the developers" but for the "development fund", which is also used to pay marketing, designers, events, etc.

About the vote, you must also have more than 60% of your total votes for your proposal to be validated.
You may have the most votes "yes", but if many of the other people clicked "no" on your proposal, you will need more votes to reach 60% of the total (yes+no).

Please don't do that. Taking the easy way out of the debate by shouting "FUD". Remember, that in Decred, changes/new features that were voted, and hard forked in the network, cannot simply be changed back to the state it was in before.

I believe when Decred becomes large enough, it will also go through the same problems that Bitcoin did, like the "scaling debate".

Anyone else have a reply? Please post them. I'm really starting to believe that "blockchain governance" of any form might not be the solution we thought it that it might be.

EmilioMann

legendary

Activity: 2184

Merit: 1028

#mitandopelomundo

Quote from: Makleyhill on September 22, 2019, 06:53:28 AM

Next month, decredproject BR will help a young team of students working in the field of robotics to get to Brazil at the Latin American Robotics Competition PINGUIMBOTS , will sponsor their trip

retwitt, please: https://twitter.com/Decred_BR/status/1175523830292451328

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: EmilioMann on September 21, 2019, 07:23:12 AM

If you're in SF next Tuesday, come at
Coinbase HQ to learn about privacy implementations with Jake Yocom-Piatt.

https://www.meetup.com/pt-BR/San-Francisco-Decred-Meetup/events/264917644

"coinbase" and "privacy" do not belong in the same sentence! Roll Eyes

you guys cozy up to the financial police obviously not a privacy loving group. "premine is safu in coinbase"?lol

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: IncludeBeer on September 15, 2019, 12:09:49 PM

Quote from: jwinterm on September 15, 2019, 10:06:46 AM

Putting aside the details of devs staking the premine and vote losers still being able to fork away, this was my main point in the previous page:

Quote

If Bitcoin used this system then Barry Silbert would have activated segwit2x in like thirty seconds, and I'm not sure that's a good thing. Apparently the market as a whole is skeptical as well that Decred is "bitcoin upgraded" considering it's price versus BTC has dropped by over 50% in the last six months.

I just don't think the market as a whole considers any "governance" structure as better, whether it's the eth benevolent dictator model, Monero's technocratic approach, Decred richest holders decide, or anything else. Yes, the market can remain irrational longer than you can remain solvent, but I think the market tends towards the best choice, and looking at a time period of 3-5 years now that choice is clearly bitcoin.

True enough, historically! I expect sentiments will shift after Politeia's value is demonstrated a few times over sufficiently 'difficult' or 'controversial' decisions need to be made. Plus, once the Treasury (dev fund) is truly decentralized, and solely ticket holders have the power of releasing those funds, well that will be something special I think. IMO, the self-sustaining feature on this SoV coin will prove itself to be highly-valuable in the years to come.

"dev fund" a.k.a. defense lawyers kids trust fund $$$ Shocked

reeeee

voteformeg

legendary

Activity: 1932

Merit: 1005

i just have 1 thing bad about DCR and that is that i didn't hold more of them , i choose to buy an asic for DCR , we all know how that ended , but slowly i will get them back , so all that marketing is bad for my portfilio , just joking , hoping all the best for DCR

Makleyhill

member

Activity: 616

Merit: 11

Next month, decredproject BR will help a young team of students working in the field of robotics to get to Brazil at the Latin American Robotics Competition PINGUIMBOTS , will sponsor their trip

jwinterm

legendary

Activity: 3178

Merit: 1119

Quote from: EmilioMann on September 21, 2019, 07:23:12 AM

If you're in SF next Tuesday, come at
Coinbase HQ to learn about privacy implementations with Jake Yocom-Piatt.

https://www.meetup.com/pt-BR/San-Francisco-Decred-Meetup/events/264917644

I'm gonna go on Monday at starfish when he's speaking to the SF bitcoin meet up. Feel like there might be some better critical discussion there. The ones I've been to at Coinbase custody didn't seem to have a lot of skeptics in the audience. Also I like to play basketball on Tuesdays.

EmilioMann

legendary

Activity: 2184

Merit: 1028

#mitandopelomundo

If you're in SF next Tuesday, come at
Coinbase HQ to learn about privacy implementations with Jake Yocom-Piatt.

https://www.meetup.com/pt-BR/San-Francisco-Decred-Meetup/events/264917644

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: IncludeBeer on September 19, 2019, 10:48:53 AM

Can't stop the Decred train!
Choo Choo motherfuckers! Cool

you really need to steal my one liners too? :\ hmmm

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Treasury outputs will be programmatically granted by ticket holders, such that contractors are paid for the work they perform.
Take a look at the several existing examples of this happening through Politeia. The DEX alone is a significant effort that got approved by voters, with significant funds being released to pay for that work. The only difference now is Treasury payments are still submitted to the chain by a Company 0 person (if and after being approved through Politeia).

Can't stop the Decred train!
Choo Choo motherfuckers! Cool

Edit:

Quote

In August the Treasury received 15,278 DCR and spent 8,223 DCR. Using August’s daily average DCR/USD rate of $26.23, this is $401K received and $216K spent. As these payments were for work completed in July, it is also informative to consider them in the context of the July average daily rate of $28.97 — in which case the USD spent figure is $238K. As of Aug 9, Treasury balance is 638K DCR (15.8 million USD at $24.80).

Sauce: https://medium.com/decred/decred-journal-august-2019-43626ee68ff

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: EmilioMann on September 15, 2019, 09:17:47 AM

If you received the confirmation email, then you already had your seed.
It appeared in the first few steps when you typed the commands into the terminal.
Probably, you didn't read everything and deleted them.
Once deleted it is impossible to recover them and it was written there.
Again: If you have reached the confirmation email, then you received your seed before together with the wallet address but you didn't see
The fault of having lost is your that did not read all the text that received in the terminal.
Do you want me to draw a picture for you to understand easier?

bullshit , i asked for help when i received my confirmation email...read back many posts i was "accepted" for the airdrop ...nows wheres my fucking coins?
fair voting?? Roll Eyes

my lord you must be on crack!!

i must be here just to entertain you? ...hmmm

Quote from: IncludeBeer on September 15, 2019, 12:09:49 PM

Quote from: jwinterm on September 15, 2019, 10:06:46 AM

Putting aside the details of devs staking the premine and vote losers still being able to fork away, this was my main point in the previous page:

Quote

If Bitcoin used this system then Barry Silbert would have activated segwit2x in like thirty seconds, and I'm not sure that's a good thing. Apparently the market as a whole is skeptical as well that Decred is "bitcoin upgraded" considering it's price versus BTC has dropped by over 50% in the last six months.

I just don't think the market as a whole considers any "governance" structure as better, whether it's the eth benevolent dictator model, Monero's technocratic approach, Decred richest holders decide, or anything else. Yes, the market can remain irrational longer than you can remain solvent, but I think the market tends towards the best choice, and looking at a time period of 3-5 years now that choice is clearly bitcoin.

True enough, historically! I expect sentiments will shift after Politeia's value is demonstrated a few times over sufficiently 'difficult' or 'controversial' decisions need to be made. Plus, once the Treasury (dev fund) is truly decentralized, and solely ticket holders have the power of releasing those funds, well that will be something special I think. IMO, the self-sustaining feature on this SoV coin will prove itself to be highly-valuable in the years to come.

dev fund will become "legal defense fund" Wink

wait for it.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: EmilioMann on September 13, 2019, 01:49:12 PM

LOL the fudders decided to make a coordinated attack.
As has been said a thousand times before, but gembitz e jwinterm ignore, the premine was distributed via airdrop to the community and the other half was not for "the developers" but for the "development fund", which is also used to pay marketing, designers, events, etc.

About the vote, you must also have more than 60% of your total votes for your proposal to be validated.
You may have the most votes "yes", but if many of the other people clicked "no" on your proposal, you will need more votes to reach 60% of the total (yes+no).

Please don't do that. Taking the easy way out of the debate by shouting "FUD". Remember, that in Decred, changes/new features that were voted, and hard forked in the network, cannot simply be changed back to the state it was in before.

I believe when Decred becomes large enough, it will also go through the same problems that Bitcoin did, like the "scaling debate".

fredine

newbie

Activity: 15

Merit: 0

Quote from: jwinterm on September 15, 2019, 10:06:46 AM

Putting aside the details of devs staking the premine and vote losers still being able to fork away, this was my main point in the previous page:

Quote

If Bitcoin used this system then Barry Silbert would have activated segwit2x in like thirty seconds, and I'm not sure that's a good thing. Apparently the market as a whole is skeptical as well that Decred is "bitcoin upgraded" considering it's price versus BTC has dropped by over 50% in the last six months.

I just don't think the market as a whole considers any "governance" structure as better, whether it's the eth benevolent dictator model, Monero's technocratic approach, Decred richest holders decide, or anything else. Yes, the market can remain irrational longer than you can remain solvent, but I think the market tends towards the best choice, and looking at a time period of 3-5 years now that choice is clearly bitcoin.

Yeah I agree with you, bitcoin is cleary #1 choice but Decred will be #2 SoV coin considering its potential.

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Quote from: jwinterm on September 15, 2019, 10:06:46 AM

Putting aside the details of devs staking the premine and vote losers still being able to fork away, this was my main point in the previous page:

Quote

If Bitcoin used this system then Barry Silbert would have activated segwit2x in like thirty seconds, and I'm not sure that's a good thing. Apparently the market as a whole is skeptical as well that Decred is "bitcoin upgraded" considering it's price versus BTC has dropped by over 50% in the last six months.

I just don't think the market as a whole considers any "governance" structure as better, whether it's the eth benevolent dictator model, Monero's technocratic approach, Decred richest holders decide, or anything else. Yes, the market can remain irrational longer than you can remain solvent, but I think the market tends towards the best choice, and looking at a time period of 3-5 years now that choice is clearly bitcoin.

True enough, historically! I expect sentiments will shift after Politeia's value is demonstrated a few times over sufficiently 'difficult' or 'controversial' decisions need to be made. Plus, once the Treasury (dev fund) is truly decentralized, and solely ticket holders have the power of releasing those funds, well that will be something special I think. IMO, the self-sustaining feature on this SoV coin will prove itself to be highly-valuable in the years to come.

jwinterm

legendary

Activity: 3178

Merit: 1119

Putting aside the details of devs staking the premine and vote losers still being able to fork away, this was my main point in the previous page:

Quote

If Bitcoin used this system then Barry Silbert would have activated segwit2x in like thirty seconds, and I'm not sure that's a good thing. Apparently the market as a whole is skeptical as well that Decred is "bitcoin upgraded" considering it's price versus BTC has dropped by over 50% in the last six months.

I just don't think the market as a whole considers any "governance" structure as better, whether it's the eth benevolent dictator model, Monero's technocratic approach, Decred richest holders decide, or anything else. Yes, the market can remain irrational longer than you can remain solvent, but I think the market tends towards the best choice, and looking at a time period of 3-5 years now that choice is clearly bitcoin.

EmilioMann

legendary

Activity: 2184

Merit: 1028

#mitandopelomundo

If you received the confirmation email, then you already had your seed.
It appeared in the first few steps when you typed the commands into the terminal.
Probably, you didn't read everything and deleted them.
Once deleted it is impossible to recover them and it was written there.
Again: If you have reached the confirmation email, then you received your seed before together with the wallet address but you didn't see
The fault of having lost is your that did not read all the text that received in the terminal.
Do you want me to draw a picture for you to understand easier?

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: opmules on September 13, 2019, 04:16:02 PM

Quote from: jwinterm on September 13, 2019, 03:49:55 PM

What exactly was inaccurate in what I said? I would guess most users that received the airdrop don't have a computer on 24 hours a day with a high reliability internet connection. There's a big spike up in ticket price visible on the all time chart here https://dcrstats.com/ around early 2017 followed by a slight change in slope upwards which would be my guess as to when the stake pool software was released allowing broader participation.

It's inaccurate to say that devs were the only one able to stake from the start, a basic dsl connection worked just fine. But sure you needed a PC. I'm not sure which big spike you are referring to but the switch to a more steady slope correspond to the activation of the first change in consensus rules voted to switch the ticket pricing algorithm, (sdiffalgorithm ) which was known for having crazy oscillation. In fact you can see pretty clearly on that chart that if you remove the spikes caused by that algorithm early on, the mean price is a pretty linear slope since voting started. You can find the details on the initial algorithm and the proposed change here: https://github.com/decred/dcps/blob/master/dcp-0001/dcp-0001.mediawiki

these "devs" have their heads so far up their own asses that they couldn't even spent 5 minutes to show me how to generate a seed to receive my airdrop coins, now what makes you think they would allow control of the majority of voting power to anyone but themselves and bittrex/poloniex exchange insider overlords..stop and think :\ pfft meh ego gets rekt

===> censorship is key to control this dialog.

IncludeBeer

legendary

Activity: 1164

Merit: 1010

Quote from: DrBeer on September 13, 2019, 05:48:48 PM

The claim to the voting system is not entirely clear. Look at the distribution of DCR coins by wallets - “small” holders can, and without any difficulties, create a group of votes that will easily lead the vote in their favor.

Not sure what you mean..."small" holders still must lock their DCR for tickets. Only tickets vote, and the price of tickets is tightly associated with how many are currently "live" on the network.
It is not the case that people can "create a group of votes that will easily lead the vote in their favor" without putting in the requisite funds to buy the tickets first.
Skin in the game is what counts here. Smaller holders have less skin in, thus cannot sway results as described.

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 16. (Read 1201695 times)