Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 230. (Read 1201380 times)

What am I expecting if I am going to buy some dcr?

sambiohazard, all stake pools have the same code base, and to stop your fear, uncertainty and doubts I'm constantly update Dcrstats Stakepool to newest versions and add new security features to protect your accounts (2FA coming very soon, it's been successfuly tested in Evolution already).

So, first of all, if attackers will find a vulnerability in the stakepool or decred software, they won't attack only one biggest pool, but all of them. And you know it doesn't matter then 1 pool with 25% or 5 pools with 5%. Actually, yes, it matters, because I don't know how serious are all 9 pool operators, but our reaction and hot-fixing will be super fast.

Even if hackers can take control under all 10 existing stakepools (c0 + 9 from rfp), what can they do in the short terms? Do not include transactions in next 10 blocks? To destroy next 10 blocks? Even if they will take control of all stake pools, it cannot be a 1-minute attack. Hackers will have to maintain all the infrastructure and pay for the hosting of more than 40 servers, which are not cheap

PS: so far you are the only person who don't like something and who is going to attack the network.

So you are disclosing this after i questioned it for second time? also you are in de facto control of their coins until they ask for it. Apart from that this will still be a major threat to stability of the network with centralization of pos staking. your pool will become a honey pot of tickets for attackers through which they can orphan significant amount of blocks and disrupt the blockchain. If you really want to help please help devs improve Paymetheus for staking via a RFP.

It seems disingenuous to me that you are selling this as a project to improve decred while seriously putting it at risk of centralization. There are better ways to improve things w/o consolidating control over people's money and the network. You have been helpful in the past but this project just does not seem to be good for decred.

Yes

Is this an emergency only for those who are using 0.6.0 ?

Saw that in the official forum and updated the software.


https://forum.decred.org/threads/dd-19-v0-6-1-11-25-16.4083/

This has been fixed in the just released 0.6.1.

black friday deals? 

Well, the dividend payments in Eth was a pretty great perk to me.  But, if we can get those dividends in DCR, that's even better!  I like the idea of tying that to the service, instead of the token as well.  Should make it quite a bit simpler and less prone to error.

21:45:08 2016-11-25 [INF] BMGR: Rejected block 00000000000006b13aafa848f8057bfea
499553af48fc58be344a3570d125193 from 149.56.122.73:9108 (outbound): new blocks w
ith version 1 are no longer valid
21:45:09 2016-11-25 [INF] BMGR: Rejected block 00000000000006b13aafa848f8057bfea
499553af48fc58be344a3570d125193 from 93.157.1.137:9108 (outbound): new blocks wi
th version 1 are no longer valid
21:45:09 2016-11-25 [INF] BMGR: Rejected block 00000000000006b13aafa848f8057bfea
499553af48fc58be344a3570d125193 from 176.31.101.55:9108 (outbound): new blocks w
ith version 1 are no longer valid
21:45:09 2016-11-25 [INF] BMGR: Rejected block 00000000000006b13aafa848f8057bfea
499553af48fc58be344a3570d125193 from 45.56.104.7:9108 (outbound): new blocks wit
h version 1 are no longer valid
21:45:09 2016-11-25 [INF] BMGR: Rejected block 00000000000006b13aafa848f8057bfea
499553af48fc58be344a3570d125193 from 176.9.98.82:9108 (outbound): new blocks wit
h version 1 are no longer valid
21:45:09 2016-11-25 [INF] BMGR: Rejected block 00000000000006b13aafa848f8057bfea
499553af48fc58be344a3570d125193 from 212.83.146.45:9108 (outbound): new blocks w
ith version 1 are no longer valid
21:46:18 2016-11-25 [INF] CHAN: Adding orphan block 00000000000013e9c7983331091a
7f9ade050ace8f68c7cfc59a1e942fbc1d6a with parent 00000000000006b13aafa848f8057bf
ea499553af48fc58be344a3570d125193


What is going on?

Last 3 hours

Seconded.


They're reliable.

There are online games now that use XCP for their in-game currency.

...And if you don't want to use the Bitcoin Blockchain, then you should talk to These guys. They have a pretty good grasp of how the NXT Asset Exchange works.

Why not XCP protocol? I have no idea if it is good or not but i am using it lately for rare pepes and as far as i understand an asset can be created in the bitcoin blockchain and dividents can be paid.

Guys, let's talk about EFT tokens (which all Evolution beta testers will receive for free based on % of their deposit compared to total fund size).

I don't want to use Ethereum network anymore, because it's too unstable. I think that BitShares may be a great alternative.

However, I want to talk with you about dividends. I think that, obviously, neither Bittrex nor Poloniex won't take care to pay you share from the tokens you have deposited to their exchanges.

So, I think that the best workflow is:
- monthly dividends will be shared between those token holders, who keep them (EFT tokens) in the platform (in this case we can pay them in DCR what is super cool).
- any token holder can withdraw his tokens to the exchange, by doing this he will lose his further monthly dividends, however, he can sell his tokens and the new owner can withdraw them back from Exchange to his Evolution Account and start receive the profit.

By doing this, we will pay first dividends to all beta testers (investors) already on 1 December 2016     
Because all tokens will be distributed in the platform (no smart contract yet and, of course, we don't want to go to exchanges yet), so you can receive your DCR to your private address.

Sounds good?

PS: also I think that such realization is a better option for our US-based friends (and exchanges), because in this case EFT is the same asset as many others and can be traded everywhere. While the dividends is not part of the token itself, but a feature of Evolution Platform.

It's absolutely similar to staking via stakepool, because I register every Evolution user in the stake pool automatically (import pubkeyaddress, script etc). So yep, I never announced this, because I don't want to confuse users and I'm trying to simplify their life as much as possible, but every Evolution user has his own already configured account in the stake pool and I can give you full access to it (login is your email and very long random password I generate for each user; write me to [email protected] if for some reason you want to login also to your stake pool account).

So, Evolution is Stakepool on steroids You have 100% features and control like in the any stake pool + full automatization of the process, cool web interface, mobile app, stats and more coming soon.

The only difference is that to allow this automatization (what is one of the main goals of the project) the platform should control private keys to sign new ticket purchase transactions. But that is how any crypto exchange work, I'm not very happy with this approach as well, but that is what we have for now in crypto world. If the project will be popular enough, later I will start thinking about even more secure solution, something like 2 of 3 multisigs, so eg: you can sign purchase transactions from your mobile device, which should be online 24/7. But at this stage Decred software is not yet ready for such complex solutions.

it's not a good sign.

coinmine.pl looks like 54% of the network right now: https://dcrstats.com/pow

And I think it was more like 75% when I checked a day or two ago.

Be aware that you are giving away control of your funds while investing in Evolution scheme by Dyrk for future profits from his ventures. It is not similar to staking via stakepool where you have complete control of your funds. Also his pool already has more than 10% tickets which was deemed as a stopping point for registration by decred devs. If you invest in his project you will be making whole network more centralized making you decred less valuable in effect. I know that currently one PoW pool controls almost 45% of hashrate which is not ideal and more reason to keep PoS decentralized to keep pool operator honest. I urge the community to weigh pro and cons before investing in Dyrk's project.

Regards

Sam

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