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Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 195. (Read 1201327 times)

newbie
Activity: 154
Merit: 0
Mannnnn I'm stoked about v0.8.0.

It's not often that you get to witness a "first ever" scenario in crypto these days.

Ha! That's true: this will be the first of it's kind in a voting consensus matter. Pretty stoked Grin

now i have pretty faith in this and it can be a good moral lesson for all.
sr. member
Activity: 1451
Merit: 258
Looks good at this momemt... Hope we the best...

DCR will be comeback to 400k sat Cheesy
sr. member
Activity: 248
Merit: 250
One World
Mannnnn I'm stoked about v0.8.0.

It's not often that you get to witness a "first ever" scenario in crypto these days.

Yup, I guess we are +20k people to know about Decred. I just wonder to know how few we are to know about v0.8.0 and its purpose...

Compression volume/price + v0.8.0 Mouahahaha It's gunna pop-up!
full member
Activity: 157
Merit: 100
I was trying to buy tickets a few hours ago, through the command line as I usually do. For solo mining

But this time, something went wrong with the transactions. It complained that the address does not exist or something.
But it's the same address I always use. I have batch files ready that I have used for months, no chance of a typo.

It seems one ticket transaction went through, but another three didn't and the coins have disappeared from my balance. In fact for all 4 transactions.
I am now almost 145 below what I should be in balance and have 1 ownmempoolticks in getstakeinfo

I restarted daemon and wallet but it didn't help.

What can I do? Is it possible that the coins just vanished?

I'll link this to slack as well to increase my chances of getting an answer

Have you already tried to recreate your wallet from seed?
legendary
Activity: 2165
Merit: 1002
I was trying to buy tickets a few hours ago, through the command line as I usually do. For solo mining

But this time, something went wrong with the transactions. It complained that the address does not exist or something.
But it's the same address I always use. I have batch files ready that I have used for months, no chance of a typo.

It seems one ticket transaction went through, but another three didn't and the coins have disappeared from my balance. In fact for all 4 transactions.
I am now almost 145 below what I should be in balance and have 1 ownmempoolticks in getstakeinfo

I restarted daemon and wallet but it didn't help.

What can I do? Is it possible that the coins just vanished?

I'll link this to slack as well to increase my chances of getting an answer
member
Activity: 112
Merit: 10
The PoW difficulty chart is starting to look like Ethereum's did before the price boom  Cheesy Cheesy

This is the most amazing project I have seen since long, great community and great dev team.
legendary
Activity: 1164
Merit: 1010
The PoW difficulty chart is starting to look like Ethereum's did before the price boom  Cheesy Cheesy
legendary
Activity: 1164
Merit: 1010

So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.

Ticket fee is per Kb.
A block currently has just over 500 bytes, so the price placed to fee, isn't the amount that will be discounted from your prize.
If you set a 1.5DCR ticket fee, you will actually pay a little over half that, around 0.85DCR.



imo for that purpose and for lazy ones there is always https://evolution.dcrstats.com/en pool that takes care of it automaticly, only settings you need to set are max ticket price you are wiling to pay and max fee. easy

Some things need to be cleared up.
Traditional stake pools don't require trust.
There is no risk of a hacker attack stealing your coins or someone running away with them. Because they are not in the pool, they are still with you in your wallet.
In evolution you need trust.
You actually send your coins there and you can lose them If something bad happens
Evolution isn't an official service offered by Decred's devteam, it's a side project, created by the dcrstats pool owner, who is just a member of the community like all of us.

Interesting, thank you. So how to join a traditional stake pool? Is it all done from cli wallet?

Lots of good stats about Decred here: https://dcrstats.com/ At the bottom of the main page, you will also see a list of stake pools for decred, and some info about each.  Just select one, and follow the instructions from that stake pool.  IMO, they all have pretty good instructions.

Also, while it's true you need to trust the operator of the Evolution service, he is a good standing, active community member and many people use that service because of it's simplicity and effectiveness.  Even if you decide not to use it, I'd encourage you to check it out.  The UI alone gives a good idea of how voting "works".
legendary
Activity: 1164
Merit: 1010
Mannnnn I'm stoked about v0.8.0.

It's not often that you get to witness a "first ever" scenario in crypto these days.

Ha! That's true: this will be the first of it's kind in a voting consensus matter. Pretty stoked Grin
legendary
Activity: 1274
Merit: 1000
Mannnnn I'm stoked about v0.8.0.

It's not often that you get to witness a "first ever" scenario in crypto these days.
legendary
Activity: 2165
Merit: 1002

Ticket fee is per Kb.
A block currently has just over 500 bytes, so the price placed to fee, isn't the amount that will be discounted from your prize.
If you set a 1.5DCR ticket fee, you will actually pay a little over half that, around 0.85DCR.


For pool tickets. For solo tickets its actually about 298 bytes so a 1.5dcr fee costs about 0.5 dcr per ticket.
newbie
Activity: 59
Merit: 0
Interesting. Thank you for this information.
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo

So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.

Ticket fee is per Kb.
A block currently has just over 500 bytes, so the price placed to fee, isn't the amount that will be discounted from your prize.
If you set a 1.5DCR ticket fee, you will actually pay a little over half that, around 0.85DCR.



imo for that purpose and for lazy ones there is always https://evolution.dcrstats.com/en pool that takes care of it automaticly, only settings you need to set are max ticket price you are wiling to pay and max fee. easy

Some things need to be cleared up.
Traditional stake pools don't require trust.
There is no risk of a hacker attack stealing your coins or someone running away with them. Because they are not in the pool, they are still with you in your wallet.
In evolution you need trust.
You actually send your coins there and you can lose them If something bad happens
Evolution isn't an official service offered by Decred's devteam, it's a side project, created by the dcrstats pool owner, who is just a member of the community like all of us.

Interesting, thank you. So how to join a traditional stake pool? Is it all done from cli wallet?

The official stake pools work with cli wallet and some already work with paymetheus, gui wallet for windows.

These two accept cli for all OS and paymetheus for windows:

https://stake.decredbrasil.com
https://pool.d3c.red

On 0.8.0 release, paymetheus will have many advances on its integration with the pools.
newbie
Activity: 59
Merit: 0

So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.

Ticket fee is per Kb.
A block currently has just over 500 bytes, so the price placed to fee, isn't the amount that will be discounted from your prize.
If you set a 1.5DCR ticket fee, you will actually pay a little over half that, around 0.85DCR.



imo for that purpose and for lazy ones there is always https://evolution.dcrstats.com/en pool that takes care of it automaticly, only settings you need to set are max ticket price you are wiling to pay and max fee. easy

Some things need to be cleared up.
Traditional stake pools don't require trust.
There is no risk of a hacker attack stealing your coins or someone running away with them. Because they are not in the pool, they are still with you in your wallet.
In evolution you need trust.
You actually send your coins there and you can lose them If something bad happens
Evolution isn't an official service offered by Decred's devteam, it's a side project, created by the dcrstats pool owner, who is just a member of the community like all of us.

Interesting, thank you. So how to join a traditional stake pool? Is it all done from cli wallet?
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo

So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.

Ticket fee is per Kb.
A block currently has just over 500 bytes, so the price placed to fee, isn't the amount that will be discounted from your prize.
If you set a 1.5DCR ticket fee, you will actually pay a little over half that, around 0.85DCR.



imo for that purpose and for lazy ones there is always https://evolution.dcrstats.com/en pool that takes care of it automaticly, only settings you need to set are max ticket price you are wiling to pay and max fee. easy

Some things need to be cleared up.
Traditional stake pools don't require trust.
There is no risk of a hacker attack stealing your coins or someone running away with them. Because they are not in the pool, they are still with you in your wallet.
In evolution you need trust.
You actually send your coins there and you can lose them If something bad happens
Evolution isn't an official service offered by Decred's devteam, it's a side project, created by the dcrstats pool owner, who is just a member of the community like all of us.
legendary
Activity: 1232
Merit: 1001

Tickets are the mechanism by which PoS works. You buy tickets which allow you to vote when your ticket is included in a block, and then also get some bonus DCR when you vote.


So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.

If you are worried that you may actually lose coins because the price is too high then no. Whatever the price is, you get it back along with the bonus.
They only way to lose is if the ticket does not stake. In that case you get the price back but no bonus and you lose the transaction fee for the ticket purchase.

There is another theoretical case but it is extreme. It might be that you pay a transaction fee higher than the stake bonus. But that can't happen unless you put the fee too high on purpose.

Some people put a very high fee to buy tickets when the price is very low. Its the only way because higher paying fees get purchased first. Even in that case, at most, the fee they pay is about half the ticket bonus and depending on the low price of the ticket (to allow you to buy more tickets by locking the same amount of coins) it may or may not be worth it.

Ok I am beginning to understand this more, thank you for the help brother. However it is not the easiest thing to grasp. I can figure this stuff out but does the community have any marketing videos planned down the line? - stuff for noobs and average joe to watch and soak in. Stuff to help average people understand Decred more.
imo for that purpose and for lazy ones there is always https://evolution.dcrstats.com/en pool that takes care of it automaticly, only settings you need to set are max ticket price you are wiling to pay and max fee. easy
newbie
Activity: 59
Merit: 0

Tickets are the mechanism by which PoS works. You buy tickets which allow you to vote when your ticket is included in a block, and then also get some bonus DCR when you vote.


So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.

If you are worried that you may actually lose coins because the price is too high then no. Whatever the price is, you get it back along with the bonus.
They only way to lose is if the ticket does not stake. In that case you get the price back but no bonus and you lose the transaction fee for the ticket purchase.

There is another theoretical case but it is extreme. It might be that you pay a transaction fee higher than the stake bonus. But that can't happen unless you put the fee too high on purpose.

Some people put a very high fee to buy tickets when the price is very low. Its the only way because higher paying fees get purchased first. Even in that case, at most, the fee they pay is about half the ticket bonus and depending on the low price of the ticket (to allow you to buy more tickets by locking the same amount of coins) it may or may not be worth it.

Ok I am beginning to understand this more, thank you for the help brother. However it is not the easiest thing to grasp. I can figure this stuff out but does the community have any marketing videos planned down the line? - stuff for noobs and average joe to watch and soak in. Stuff to help average people understand Decred more.
sr. member
Activity: 409
Merit: 250

Tickets are the mechanism by which PoS works. You buy tickets which allow you to vote when your ticket is included in a block, and then also get some bonus DCR when you vote.


So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.

If you are worried that you may actually lose coins because the price is too high then no. Whatever the price is, you get it back along with the bonus.
They only way to lose is if the ticket does not stake. In that case you get the price back but no bonus and you lose the transaction fee for the ticket purchase.

There is another theoretical case but it is extreme. It might be that you pay a transaction fee higher than the stake bonus. But that can't happen unless you put the fee too high on purpose.

Some people put a very high fee to buy tickets when the price is very low. Its the only way because higher paying fees get purchased first. Even in that case, at most, the fee they pay is about half the ticket bonus and depending on the low price of the ticket (to allow you to buy more tickets by locking the same amount of coins) it may or may not be worth it.
newbie
Activity: 59
Merit: 0
Anyone have some insight on when the best time to buy tickets now is, and how to estimate fees?

It looks like there are four points per cycle on the oscillating ticket price graph: 40, 80, 120, and 80 DCR, approximately. I've heard that fees go insane when ticket price hits that low point around 40ish, but I'm not seeing any fee info on dcrstats or in wallet with getstakeinfo command or whatever.

Any advice or suggestions appreciated...

To avoid the fee wars, I'd suggest buying in the 40's and 50's range. These will usually go through even at the default/minimum ticketfee.
Lower ticket prices
What are these tickets?

Tickets are the mechanism by which PoS works. You buy tickets which allow you to vote when your ticket is included in a block, and then also get some bonus DCR when you vote.


So at times it can be unprofitable to stake ? If the ticket price is too high? ...still trying to learn all of this.
newbie
Activity: 59
Merit: 0
These stand out to me:

1. Decred has a unique codebase, written from scratch in Golang.

2. Decred is a Decentralized Autonomous Organization with self funding and governance built directly into its blockchain.

+ HF Voting *a first in any cryptocurrency

+ Apparently a new approach to privacy will be announced in the coming months

This could be a hidden gem that few people know about still. Founded by Company0 (the btcsuite developers who are well respected in the bitcoin space), Decred seeks to solve many of the issues the bitcoin blockchain is currently facing, such as consensus and governance.


Looking at the top coins on Poloniex, I think this coin could at the least see 500k Satoshi. It IMO is already much more valuable than some coins above it. I think if you are looking for a point to get in I would wait until 0.8 release drops. See how the markets react, and hop on board. I got lucky enough to get in near the ATL so I will be holding this coin for life or to 1 sat.
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