[ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 18.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: jwinterm on September 12, 2019, 08:26:18 AM

Quote from: EmilioMann on September 12, 2019, 05:49:01 AM

...
In case of a hard fork voting, the decred code does not allow the existence of 2 blockchains. The "defeated" blockchain "dies".
Hard fork happens automatically and takes everyone in the same direction.
It is impossible for a group to continue on the old blockchain and keep it alive.
It's impossible to happen at Decred what happened to ETH and BTC.
The devs took great care in developing this.
It is one of the main differentials of decred.

This is misleading, imo. If there's a contentious hardfork, the losing party can modify the codebase to allow their chain to continue. They're going to hardfork anyway. There's no magic protection against people making a one off or permanent change to the rules of the system to allow their form to live.

That's my point. There's nothing that can stop a determined minority from splitting away from the main chain. But with Decred, it might be the true community majority made up of small HODLERS who delegate their votes to pools.

EmilioMann

legendary

Activity: 2184

Merit: 1028

#mitandopelomundo

Nothing will be released without being 100% secure.
ETH DAO served to show some flaws
For now it still takes some people to push some buttons

EmilioMann

legendary

Activity: 2184

Merit: 1028

#mitandopelomundo

No, the hardfork voting system is fully automatic and without human interference.
The devs are working to all be done automatically in Decred soon Shocked

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: EmilioMann on September 12, 2019, 05:49:01 AM

Quote from: Wind_FURY on September 12, 2019, 12:50:15 AM

Quote from: EmilioMann on September 10, 2019, 06:48:09 AM

Quote from: Wind_FURY on September 10, 2019, 02:43:04 AM

A question about blockchain governance. My friend debates that Decred suffers from "tyranny by the majority". When the majority decides to approve a design-decision, it marginalizes the minority that doesn't want it.

Wouldn't that put Decred at risk of what blockchain governance was supposed to prevent, a hard fork by the minority?

At Decred, who has most skin in the game has the most voting power and not necessarily the majority.

And this is very good in a company or entity, as we know that most people are dumb while those who have the most to lose will think hard about decisions.

That's part of my point. If Decred was like Bitcoin, it would then be possible for a scenario which the richest merchants, miners/NYA, which was the minority, "won", and got their 2X fork.

Quote

In any case, Decred's hybrid mining system, where POS confirms the POW blocks, was designed to make a hardfork like ETH and bitcoin impossible without community consensus.

If POW miners attempt a hardfork without consensus, ticket owners will decline and it will not happen and vice versa.

A hardfork in decred only happens if there is consensus between POW miners and ticket owners (POS).

https://blog.decred.org/2018/10/15/Politeia-in-Production/

I'm asking about a contentious hard fork, that deliberately splits the chain.

In case of a hard fork voting, the decred code does not allow the existence of 2 blockchains. The "defeated" blockchain "dies".
Hard fork happens automatically and takes everyone in the same direction.
It is impossible for a group to continue on the old blockchain and keep it alive.
It's impossible to happen at Decred what happened to ETH and BTC.
The devs took great care in developing this.
It is one of the main differentials of decred.

devs control EVERYTHING right?

~not centralized at all? hmm Roll Eyes

Lol!!

jwinterm

legendary

Activity: 3178

Merit: 1119

Quote from: EmilioMann on September 12, 2019, 05:49:01 AM

...
In case of a hard fork voting, the decred code does not allow the existence of 2 blockchains. The "defeated" blockchain "dies".
Hard fork happens automatically and takes everyone in the same direction.
It is impossible for a group to continue on the old blockchain and keep it alive.
It's impossible to happen at Decred what happened to ETH and BTC.
The devs took great care in developing this.
It is one of the main differentials of decred.

This is misleading, imo. If there's a contentious hardfork, the losing party can modify the codebase to allow their chain to continue. They're going to hardfork anyway. There's no magic protection against people making a one off or permanent change to the rules of the system to allow their form to live.

Tarz

full member

Activity: 238

Merit: 110

Quote from: EmilioMann on September 12, 2019, 05:49:01 AM

Quote from: Wind_FURY on September 12, 2019, 12:50:15 AM

Quote from: EmilioMann on September 10, 2019, 06:48:09 AM

Quote from: Wind_FURY on September 10, 2019, 02:43:04 AM

A question about blockchain governance. My friend debates that Decred suffers from "tyranny by the majority". When the majority decides to approve a design-decision, it marginalizes the minority that doesn't want it.

Wouldn't that put Decred at risk of what blockchain governance was supposed to prevent, a hard fork by the minority?

At Decred, who has most skin in the game has the most voting power and not necessarily the majority.

And this is very good in a company or entity, as we know that most people are dumb while those who have the most to lose will think hard about decisions.

That's part of my point. If Decred was like Bitcoin, it would then be possible for a scenario which the richest merchants, miners/NYA, which was the minority, "won", and got their 2X fork.

Quote

In any case, Decred's hybrid mining system, where POS confirms the POW blocks, was designed to make a hardfork like ETH and bitcoin impossible without community consensus.

If POW miners attempt a hardfork without consensus, ticket owners will decline and it will not happen and vice versa.

A hardfork in decred only happens if there is consensus between POW miners and ticket owners (POS).

https://blog.decred.org/2018/10/15/Politeia-in-Production/

I'm asking about a contentious hard fork, that deliberately splits the chain.

In case of a hard fork voting, the decred code does not allow the existence of 2 blockchains. The "defeated" blockchain "dies".
Hard fork happens automatically and takes everyone in the same direction.
It is impossible for a group to continue on the old blockchain and keep it alive.
It's impossible to happen at Decred what happened to ETH and BTC.
The devs took great care in developing this.
It is one of the main differentials of decred.

This is why decred's governance is immensely ahead of other cryptos. Shit's not condoned here. And this is the main advantage of Decred over severely manipulated coins such as ETH, BTS and now BEOS and other DPOS coins. And when u take a closer look at the top 30 in the CMC, it buffles me so much that nobody has yet realized the potential benefits Decred has that can be used to refactor and enhance crypto economy.

EmilioMann

legendary

Activity: 2184

Merit: 1028

#mitandopelomundo

Quote from: Wind_FURY on September 12, 2019, 12:50:15 AM

Quote from: EmilioMann on September 10, 2019, 06:48:09 AM

Quote from: Wind_FURY on September 10, 2019, 02:43:04 AM

A question about blockchain governance. My friend debates that Decred suffers from "tyranny by the majority". When the majority decides to approve a design-decision, it marginalizes the minority that doesn't want it.

Wouldn't that put Decred at risk of what blockchain governance was supposed to prevent, a hard fork by the minority?

At Decred, who has most skin in the game has the most voting power and not necessarily the majority.

And this is very good in a company or entity, as we know that most people are dumb while those who have the most to lose will think hard about decisions.

That's part of my point. If Decred was like Bitcoin, it would then be possible for a scenario which the richest merchants, miners/NYA, which was the minority, "won", and got their 2X fork.

Quote

In any case, Decred's hybrid mining system, where POS confirms the POW blocks, was designed to make a hardfork like ETH and bitcoin impossible without community consensus.

If POW miners attempt a hardfork without consensus, ticket owners will decline and it will not happen and vice versa.

A hardfork in decred only happens if there is consensus between POW miners and ticket owners (POS).

https://blog.decred.org/2018/10/15/Politeia-in-Production/

I'm asking about a contentious hard fork, that deliberately splits the chain.

In case of a hard fork voting, the decred code does not allow the existence of 2 blockchains. The "defeated" blockchain "dies".
Hard fork happens automatically and takes everyone in the same direction.
It is impossible for a group to continue on the old blockchain and keep it alive.
It's impossible to happen at Decred what happened to ETH and BTC.
The devs took great care in developing this.
It is one of the main differentials of decred.

Gash

full member

Activity: 657

Merit: 124

Quote from: gembitz on September 06, 2019, 10:24:49 AM

Quote from: IncludeBeer on September 06, 2019, 03:39:30 AM

Quote from: gembitz on September 05, 2019, 05:11:14 PM

Quote from: Janaj on September 05, 2019, 11:24:44 AM

Quote from: Wind_FURY on September 05, 2019, 03:21:53 AM

Hahaha. I already added him in my ignore list. But why is he so resolute on trolling Decred of all cryptocurrencies? Is there a historical lesson I should learn about this person?

He is trolling around since he missed to register his airdrop - just put him on ignore. https://bitcointalksearch.org/topic/m.18421713

i registered and was "accepted" ..now wheres my fucking coins? :\ (((we never forget >>>we never forgive)))

YOU didn't submit an address for them to send the DCR! No shit you didn't get coins.
Go derp around elsewhere, you don't even legs to stand on here Cool

yes i got the acceptance email and everything..

then these turkeys tried to dox me!! whereas everyone in crypto knows me already~we had a coin on bittrex BEFORE DCR was ever listed!!!

through this process i've found others who have been DEFRAUDED by this decred / bittrex cartel, so it's not a isolated incident.

Have fun waiting for the S.E.C. to shut you down for good. ...pit of snakes you are.

I have included your name in the book of glory, a famous scripture lying on a pedestal of grace in the hall of nobility. I have always known that u be a prolific male. Now is your turn to prove that to me. Go to the cabin where I keep your bovine wife and beget a young pedigree of sons and daughters of fuck. Dalliance with an oxen is a paradigmatic experience that is to take u to a new level of being, open your eyelids and let the lights of adams garden to impregnate your eyes.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: EmilioMann on September 10, 2019, 06:48:09 AM

Quote from: Wind_FURY on September 10, 2019, 02:43:04 AM

A question about blockchain governance. My friend debates that Decred suffers from "tyranny by the majority". When the majority decides to approve a design-decision, it marginalizes the minority that doesn't want it.

Wouldn't that put Decred at risk of what blockchain governance was supposed to prevent, a hard fork by the minority?

At Decred, who has most skin in the game has the most voting power and not necessarily the majority.

And this is very good in a company or entity, as we know that most people are dumb while those who have the most to lose will think hard about decisions.

That's part of my point. If Decred was like Bitcoin, it would then be possible for a scenario which the richest merchants, miners/NYA, which was the minority, "won", and got their 2X fork.

Quote

In any case, Decred's hybrid mining system, where POS confirms the POW blocks, was designed to make a hardfork like ETH and bitcoin impossible without community consensus.

If POW miners attempt a hardfork without consensus, ticket owners will decline and it will not happen and vice versa.

A hardfork in decred only happens if there is consensus between POW miners and ticket owners (POS).

https://blog.decred.org/2018/10/15/Politeia-in-Production/

I'm asking about a contentious hard fork, that deliberately splits the chain.

artdor

sr. member

Activity: 1078

Merit: 251

For a long time I did not follow my favorite project. How are you? Any interesting news? What to expect this fall? I remember there were times when Decred grew by leaps and bounds)

Cimmy_revenger

sr. member

Activity: 1092

Merit: 252

Dextrust.org #Defi

Quote from: Kriptobt1 on September 10, 2019, 10:00:28 AM

Decred Journal has released the latest update on the project for the month of August, this is the largest publication, we have laid out all the links, blogs, information, approval and the beginning of work on the development of DEX

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

This is good news or not for pump DCR we don't know , but if we check history DCR pair BTC always go down more 1 years.
Maybe this time we Will buy back again DCR.

fredine

newbie

Activity: 15

Merit: 0

Quote from: gembitz on September 10, 2019, 09:34:13 AM

looks like criminals, talks like criminals..it's a geeses. :\ hmm what was the point of a "airdrop" anyways?

People like yourself with pea-sized brain will never understand the point of a "airdrop". Grin

Kriptobt1

member

Activity: 560

Merit: 10

Decred Journal has released the latest update on the project for the month of August, this is the largest publication, we have laid out all the links, blogs, information, approval and the beginning of work on the development of DEX

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 10, 2019, 09:25:49 AM

Decred Assembly - Decentralizing the Treasury

https://www.youtube.com/watch?v=4N8Fq1tU3XM&feature=youtu.be

looks like criminals, talks like criminals..it's a geeses. :\ hmm what was the point of a "airdrop" anyways?

EmilioMann

legendary

Activity: 2184

Merit: 1028

#mitandopelomundo

Decred Assembly - Decentralizing the Treasury

https://www.youtube.com/watch?v=4N8Fq1tU3XM&feature=youtu.be

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: Wind_FURY on September 10, 2019, 02:43:04 AM

A question about blockchain governance. My friend debates that Decred suffers from "tyranny by the majority". When the majority decides to approve a design-decision, it marginalizes the minority that doesn't want it.

Wouldn't that put Decred at risk of what blockchain governance was supposed to prevent, a hard fork by the minority?

checks richlist ====> insider controlled shitcoin * checK!!* :\ what does this coin BUY?? ~ nothing legit i'm aware of.. :\ grrr i call bullshit!!===>tl;dr= it was a phishing scam.

EmilioMann

legendary

Activity: 2184

Merit: 1028

#mitandopelomundo

Quote from: Wind_FURY on September 10, 2019, 02:43:04 AM

A question about blockchain governance. My friend debates that Decred suffers from "tyranny by the majority". When the majority decides to approve a design-decision, it marginalizes the minority that doesn't want it.

Wouldn't that put Decred at risk of what blockchain governance was supposed to prevent, a hard fork by the minority?

No one governance system is totally perfect.
Be it state, company or entity governance.
There will always be someone dissatisfied.
And we also shouldn't mix things up.
The governance of a state is very different from the governance of a company or entity.
A system that looks good on one may look terrible on another.
At Decred, who has most skin in the game has the most voting power and not necessarily the majority.
And this is very good in a company or entity, as we know that most people are dumb while those who have the most to lose will think hard about decisions.
In any case, Decred's hybrid mining system, where POS confirms the POW blocks, was designed to make a hardfork like ETH and bitcoin impossible without community consensus.
If POW miners attempt a hardfork without consensus, ticket owners will decline and it will not happen and vice versa.
A hardfork in decred only happens if there is consensus between POW miners and ticket owners (POS).

https://blog.decred.org/2018/10/15/Politeia-in-Production/

Quote from: naaktslak5 on September 10, 2019, 06:27:33 AM

how many transactions per second has Decred?

I don't know now but with the lightning network will be hundreds of thousands.

naaktslak5

sr. member

Activity: 492

Merit: 251

how many transactions per second has Decred?

Wind_FURY

legendary

Activity: 2898

Merit: 1823

A question about blockchain governance. My friend debates that Decred suffers from "tyranny by the majority". When the majority decides to approve a design-decision, it marginalizes the minority that doesn't want it.

Wouldn't that put Decred at risk of what blockchain governance was supposed to prevent, a hard fork by the minority?

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: EmilioMann on September 08, 2019, 04:24:40 PM

Along with the confirmation email was a link to confirm it.
That link shows a page with an example of the wallet seed (33 words) created to receive the airdrop.
The real seed was created via the command line in an app that should be deleted later.
Gembitz kept the example seed thinking it was the real one and deleted the real one from his wallet when close the terminal on his pc.
If he was stolen by someone, then he was for his own stupidity.

this is the webpage with the example seed linked by the acceptance email.

now it seems to matter to anyone? at least you are halfway honest yeah i recieve a "confirmation email" when i asked for help i was ridiculed and belittled by your "devs" then was kicked off the jumbucks slack because of this lost alot of coins...you people are crooked and have no real community just walled garden geek insiders trading club!! :\meh

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 18. (Read 1201764 times)