Author

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 230. (Read 1201708 times)

legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
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  Shocked  Shocked  Shocked
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? Smiley

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.

Love it!

I just created an evolution account and made a deposit...do I have to purchase tickets manually or am I already invested? For some reason I can't click on the manual purchase...maybe it's because I'm on my iPad and can't click on it or maybe it's because I'm not the sharpest tool in the shed. Cheers m8
hero member
Activity: 882
Merit: 500
Ok, thanks for the update
hero member
Activity: 714
Merit: 529
I've added personal mining stats to the dashboard page Wink
https://evolution.dcrstats.com/profile
Let me know if it works ok and if you want to see more info about your tickets.

full member
Activity: 129
Merit: 100
My 0.6.1 wallet got stuck yesterday night until I pressed enter button.
full member
Activity: 157
Merit: 100
Quote
V0.6.1 is an emergency fix for a hard forking issue. Everyone on v0.6.0 MUST upgrade ASAP.

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


Yes

https://forum.decred.org/threads/0-6-0-forking-bug-post-mortem.4086/#post-22587


Dev's delivered fix really fast, luckily didn't get even missed votes =) Waiting with interest about new features coming during next months.
legendary
Activity: 1206
Merit: 1000
Any relevant update on the way? dcr reache lowest level ever. Any update regarding changing algo in equihash or add some payment processor?

Just to clarify, DCR reached it's lowest level almost a month ago, on October 29th (.00062). Although, the dump on 10/29 left a long tail on the chart which tells me that's probably where this is going once again Undecided
hero member
Activity: 882
Merit: 500
Any relevant update on the way? dcr reache lowest level ever. Any update regarding changing algo in equihash or add some payment processor?
sr. member
Activity: 714
Merit: 266
What am I expecting if I am going to buy some dcr?
hero member
Activity: 714
Merit: 529
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 Grin

PS: so far you are the only person who don't like something and who is going to attack the network.
hero member
Activity: 840
Merit: 1000
It is not similar to staking via stakepool where you have complete control of your funds.

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 Wink 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.

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.
full member
Activity: 157
Merit: 100
Quote
V0.6.1 is an emergency fix for a hard forking issue. Everyone on v0.6.0 MUST upgrade ASAP.

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


Yes
legendary
Activity: 1118
Merit: 1004
Quote
V0.6.1 is an emergency fix for a hard forking issue. Everyone on v0.6.0 MUST upgrade ASAP.

Is this an emergency only for those who are using 0.6.0 ?
hero member
Activity: 574
Merit: 500
full member
Activity: 156
Merit: 236
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?

This has been fixed in the just released 0.6.1.
legendary
Activity: 1456
Merit: 1000
In case someone is interested, there is a 0% fee and 5 % Bonus Black Friday special on https://dcr.suprnova.cc for the next 24h

Last 3 hours

black friday deals?  Wink
legendary
Activity: 1164
Merit: 1010
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  Shocked  Shocked  Shocked
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? Smiley

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.

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.
hero member
Activity: 574
Merit: 500
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?
legendary
Activity: 2716
Merit: 1240
In case someone is interested, there is a 0% fee and 5 % Bonus Black Friday special on https://dcr.suprnova.cc for the next 24h

Last 3 hours
legendary
Activity: 1118
Merit: 1004
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.

Seconded.

Quote
Custom Counterparty tokens can be used for a wide range of purposes and act as their own cryptocurrency, while still running on the Bitcoin blockchain. Unlike ordinary bitcoin, custom tokens can be used to represent any kind of value.

They're reliable.

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

full member
Activity: 220
Merit: 101
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.


...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.
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