Author

Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 260. (Read 1201380 times)

legendary
Activity: 1246
Merit: 1005
[...]
Folks, please be mindful of not all picking the pools with the most users/tickets.

Biggest stakepools, obviously, have higher profit which they can re-invest in further improvements of stakepool infrastructure and Decred network, such as:
- launch more servers in different countries to guarantee high availability of voting wallets
- work on security improvements
- have enough resources to provide 24/7 support
- develop new services and apps for the customers

In the stakepool.dcrstats.com we are doing our best to simplify the life of our miners and provide them best user experience. Join our pool Wink

@Dcrstats: That reads quite misleading to me. Large pool profits can be reinvested, but there's absolutely no assurance of that always happening. On the other hand it hints at the idea that small pools might not afford to invest in their infrastructure or services, which is not a fair statement, because a tiny pool might have a comfortable budget isolated from ticket/user profits.

Such is the case with StakePool.eu.
We operate a tiny pool with healthy budget. We top your services since we do 25/7 support!  Grin

Importantly, voting should be as distributed as possible, for a healthier and more robust voting network.

Note: Your pool currently holds as many tickets as all the other pools combined. You run an awesome stats dashboard that will always attract users to your pool (and I am a regular dashboard user btw, great job there). It's just frustrating to see these claims & adverts on top of it all.  Roll Eyes Anyhow... I'll stay clear of further discussion about pools and such. Happy voting all.


Classy as always myagui - wouldn't have expected less.

legendary
Activity: 1154
Merit: 1001
[...]
Folks, please be mindful of not all picking the pools with the most users/tickets.

Biggest stakepools, obviously, have higher profit which they can re-invest in further improvements of stakepool infrastructure and Decred network, such as:
- launch more servers in different countries to guarantee high availability of voting wallets
- work on security improvements
- have enough resources to provide 24/7 support
- develop new services and apps for the customers

In the stakepool.dcrstats.com we are doing our best to simplify the life of our miners and provide them best user experience. Join our pool Wink

@Dcrstats: That reads quite misleading to me. Large pool profits can be reinvested, but there's absolutely no assurance of that always happening. On the other hand it hints at the idea that small pools might not afford to invest in their infrastructure or services, which is not a fair statement, because a tiny pool might have a comfortable budget isolated from ticket/user profits.

Such is the case with StakePool.eu.
We operate a tiny pool with healthy budget. We top your services since we do 25/7 support!  Grin

Importantly, voting should be as distributed as possible, for a healthier and more robust voting network.

Note: Your pool currently holds as many tickets as all the other pools combined. You run an awesome stats dashboard that will always attract users to your pool (and I am a regular dashboard user btw, great job there). It's just frustrating to see these claims & adverts on top of it all.  Roll Eyes Anyhow... I'll stay clear of further discussion about pools and such. Happy voting all.
hero member
Activity: 714
Merit: 529
Hey thanks for the very excellent description and information.  I have such a better understanding of how tickets work now!  One last question then: (Grin)
1.) How can I view what my current fees are set at?
2.) How can I adjust the fee amount?
3.) Does the fee work like a threshold value or an exact value? (e.g. if current typical fee amount is 1, and I have my fee set to 5, will I pay 1 or 5 as the fee)

Thanks again for the help!

Hi, please check our FAQs about the ticket fee: How should I set the ticketfee?

Folks, please be mindful of not all picking the pools with the most users/tickets.

Biggest stakepools, obviously, have higher profit which they can re-invest in further improvements of stakepool infrastructure and Decred network, such as:
- launch more servers in different countries to guarantee high availability of voting wallets
- work on security improvements
- have enough resources to provide 24/7 support
- develop new services and apps for the customers

In the stakepool.dcrstats.com we are doing our best to simplify the life of our miners and provide them best user experience. Join our pool Wink
.m.
sr. member
Activity: 280
Merit: 260
Do not hesitate to buy some while still cheap - DCR price is below 24k now.
I am waiting though.

legendary
Activity: 1206
Merit: 1000
Really diggin this project, fellas. PoW/PoS hybrid is a pretty sweet idea, along with active development and a seemingly vibrant community.

Count me in, dudes Smiley
sr. member
Activity: 399
Merit: 250
Ticket price is only 16.14 DCR right now  Shocked Shocked Shocked
Buy as many tickets as you can: https://stakepool.dcrstats.com



It's so cheap
legendary
Activity: 1154
Merit: 1001
Hey thanks for the very excellent description and information.  I have such a better understanding of how tickets work now!  One last question then: (Grin)
1.) How can I view what my current fees are set at?
2.) How can I adjust the fee amount?

Thanks again for the help!

Welcome IncludeBeer,

For ticket fees using the command line, wallet command:
getticketfee / setticketfee

The value you enter to setticketfee is per KB. So the absolute amount in DCR that you pay as ticketfee will vary according to the actual transaction size (which in turn varies depending on the number of inputs & outputs used).

For example:
https://mainnet.decred.org/tx/b12b14c10bff51b89194be57ddbdfc558f406fc84937c3ab82e57d50cf6b52c6
This ticket purchase (just a random pick off recent blocks), shows a ticketfee of ~0.101 DCR per KB, while in effect, the absolute fee amount paid was 0.03 DCR.

There's also a txfee, though the default value there should not cause you any trouble, and finally a poolfee, which you include in your ticket purchase command or wallet configuration (you will have certainly seen the instructions on the pool regarding this one).

Loosely related side note & advert:
Folks, please be mindful of not all picking the pools with the most users/tickets. A widely distributed ticket network, is a healthy ticket network. Kindly consider signing up with the stakepool on my signature, or any one of the (even) smaller ones.
Note also that pool size (in number of tickets) is perfectly irrelevant towards your chances of staking/voting. The pool is simply voting on your behalf so that you don't need to keep a wallet up at all times.
legendary
Activity: 1164
Merit: 1010
Ok, thanks for the help!

When the price dipped to ~16 dcr for a ticket, I bought a number of them, but they aren't showing up as "live" tickets on dcrstats.  I'm wondering, maybe they weren't associated with the pool for some reason?  Is there a way to tell if I have tickets that aren't in pool's controls, so I know if I need to keep my wallet up for staking?  This is what stakeinfo gave me:
[...]
I left my wallet on to buy those cheap tickets, and I saw a number of tickets bought when I browsed through the cmd window the next morning when I looked, but I was expecting to see them show up on dcrstats as live tickets!

Edit:
Well, my balance is now up a couple hundred, so apparently I didn't actually buy any tickets, or if I did, there was some error and my account got refunded the price.  Do I need to import the redeem script given to me by dcrstats each time before I buy tickets?

When you're buying tickets, thinks work much the same way as with any other transaction, but with the extra nuance that each block allows at most, 20 new tickets to be bought/mined. Until your ticket purchase is mined, it's as if it never happened. If you were trying to buy during a period where ticket prices were quite low (as it was the case), then most likely, you just had your fees too low to get a good enough position in the queue. Folks with their ticket fees set higher, will have bought all the available slots during that price period, as miners will pick their ticket buys 1st.

When your tickets get mined (at least one confirmation), they'll move from ownmempooltix, into immature, and given enough confirmations, they finally move to live. If they don't get mined until the next ticket price swing, then the transaction is dropped from the mempool and your balance is returned (minor txfees).

There are cases where you might successfully buy tickets, yet they will not be showing up on the pool, notably, this will happen if you set your pool fees incorrectly (too low). In that case, the pool will not vote for you, unless the pool admin is notified and takes some manual intervention. In such instances however, you'd see your immature/live tickets going up, and your balance would only be returned after voting.

Cheers.

Hey thanks for the very excellent description and information.  I have such a better understanding of how tickets work now!  One last question then: (Grin)
1.) How can I view what my current fees are set at?
2.) How can I adjust the fee amount?
3.) Does the fee work like a threshold value or an exact value? (e.g. if current typical fee amount is 1, and I have my fee set to 5, will I pay 1 or 5 as the fee)

Thanks again for the help!
legendary
Activity: 1154
Merit: 1001
Ok, thanks for the help!

When the price dipped to ~16 dcr for a ticket, I bought a number of them, but they aren't showing up as "live" tickets on dcrstats.  I'm wondering, maybe they weren't associated with the pool for some reason?  Is there a way to tell if I have tickets that aren't in pool's controls, so I know if I need to keep my wallet up for staking?  This is what stakeinfo gave me:
[...]
I left my wallet on to buy those cheap tickets, and I saw a number of tickets bought when I browsed through the cmd window the next morning when I looked, but I was expecting to see them show up on dcrstats as live tickets!

Edit:
Well, my balance is now up a couple hundred, so apparently I didn't actually buy any tickets, or if I did, there was some error and my account got refunded the price.  Do I need to import the redeem script given to me by dcrstats each time before I buy tickets?

When you're buying tickets, thinks work much the same way as with any other transaction, but with the extra nuance that each block allows at most, 20 new tickets to be bought/mined. Until your ticket purchase is mined, it's as if it never happened. If you were trying to buy during a period where ticket prices were quite low (as it was the case), then most likely, you just had your fees too low to get a good enough position in the queue. Folks with their ticket fees set higher, will have bought all the available slots during that price period, as miners will pick their ticket buys 1st.

When your tickets get mined (at least one confirmation), they'll move from ownmempooltix, into immature, and given enough confirmations, they finally move to live. If they don't get mined until the next ticket price swing, then the transaction is dropped from the mempool and your balance is returned (minor txfees).

There are cases where you might successfully buy tickets, yet they will not be showing up on the pool, notably, this will happen if you set your pool fees incorrectly (too low). In that case, the pool will not vote for you, unless the pool admin is notified and takes some manual intervention. In such instances however, you'd see your immature/live tickets going up, and your balance would only be returned after voting.

Cheers.
legendary
Activity: 1274
Merit: 1000
Bittrex top balance holds "only" 10k DCR and there's no more than 50k DCR in TOP 10 balances maybe the whale has moved to Poloniex ?

Or spread his coins around to make it less obvious.  Wish I had a screenshot.  Either he is a fucking idiot, or we are going full retard.  You pick.

Why would he be an idiot?

Did you not understand?  "You pick"  The point is, some big money is in DCR.  The fundamentals look awesome.  The chart looks awesome.

No I don't understand your reasoning for the first of those two options - "Either he is a fucking idiot, or we are going full retard." 

And it wasn't 100k USD, more like 70k.

At our current value.  These coins were acquired at a higher price Wink Before we were added to polo.
legendary
Activity: 1164
Merit: 1010
What is "allmempooltix" vs "ownmempooltix"?

All - mempool for everyone's tickets waiting to be mined/confirmed
Own - your own tickets on the mempool waiting to be mined/confirmed

Ok, thanks for the help!

When the price dipped to ~16 dcr for a ticket, I bought a number of them, but they aren't showing up as "live" tickets on dcrstats.  I'm wondering, maybe they weren't associated with the pool for some reason?  Is there a way to tell if I have tickets that aren't in pool's controls, so I know if I need to keep my wallet up for staking?  This is what stakeinfo gave me:
Code:
{
  "blockheight": 62338,
  "poolsize": 41584,
  "difficulty": 16.13530245,
  "allmempooltix": 41,
  "ownmempooltix": 15,
  "immature": 0,
  "live": 21,
  "proportionlive": 0.0005050019238168526,
  "voted": 41,
  "totalsubsidy": 73.3078763,
  "missed": 2,
  "proportionmissed": 0.046511627906976744,
  "revoked": 2
}

I left my wallet on to buy those cheap tickets, and I saw a number of tickets bought when I browsed through the cmd window the next morning when I looked, but I was expecting to see them show up on dcrstats as live tickets!


Edit:
Well, my balance is now up a couple hundred, so apparently I didn't actually buy any tickets, or if I did, there was some error and my account got refunded the price.  Do I need to import the redeem script given to me by dcrstats each time before I buy tickets?
legendary
Activity: 1232
Merit: 1001
Bittrex top balance holds "only" 10k DCR and there's no more than 50k DCR in TOP 10 balances maybe the whale has moved to Poloniex ?

Or spread his coins around to make it less obvious.  Wish I had a screenshot.  Either he is a fucking idiot, or we are going full retard.  You pick.

Why would he be an idiot?

Did you not understand?  "You pick"  The point is, some big money is in DCR.  The fundamentals look awesome.  The chart looks awesome.

No I don't understand your reasoning for the first of those two options - "Either he is a fucking idiot, or we are going full retard."  

And it wasn't 100k USD, more like 70k.

Pretty sure that was a sarcasm. Like you said, there's no reason for him being an idiot. So it was us who are being retarded.
i pick second, we are going full retard Smiley i give it 1month max.
newbie
Activity: 32
Merit: 0
Bittrex top balance holds "only" 10k DCR and there's no more than 50k DCR in TOP 10 balances maybe the whale has moved to Poloniex ?

Or spread his coins around to make it less obvious.  Wish I had a screenshot.  Either he is a fucking idiot, or we are going full retard.  You pick.

Why would he be an idiot?

Did you not understand?  "You pick"  The point is, some big money is in DCR.  The fundamentals look awesome.  The chart looks awesome.

No I don't understand your reasoning for the first of those two options - "Either he is a fucking idiot, or we are going full retard."  

And it wasn't 100k USD, more like 70k.

Pretty sure that was a sarcasm. Like you said, there's no reason for him being an idiot. So it was us who are being retarded.
full member
Activity: 209
Merit: 100
Bittrex top balance holds "only" 10k DCR and there's no more than 50k DCR in TOP 10 balances maybe the whale has moved to Poloniex ?

Or spread his coins around to make it less obvious.  Wish I had a screenshot.  Either he is a fucking idiot, or we are going full retard.  You pick.

Why would he be an idiot?

Did you not understand?  "You pick"  The point is, some big money is in DCR.  The fundamentals look awesome.  The chart looks awesome.

No I don't understand your reasoning for the first of those two options - "Either he is a fucking idiot, or we are going full retard." 

And it wasn't 100k USD, more like 70k.
legendary
Activity: 1274
Merit: 1000
Bittrex top balance holds "only" 10k DCR and there's no more than 50k DCR in TOP 10 balances maybe the whale has moved to Poloniex ?

Or spread his coins around to make it less obvious.  Wish I had a screenshot.  Either he is a fucking idiot, or we are going full retard.  You pick.

Why would he be an idiot?

Did you not understand?  "You pick"  The point is, some big money is in DCR.  The fundamentals look awesome.  The chart looks awesome.
full member
Activity: 209
Merit: 100
Bittrex top balance holds "only" 10k DCR and there's no more than 50k DCR in TOP 10 balances maybe the whale has moved to Poloniex ?

Or spread his coins around to make it less obvious.  Wish I had a screenshot.  Either he is a fucking idiot, or we are going full retard.  You pick.

Why would he be an idiot?
legendary
Activity: 1274
Merit: 1000
Bittrex top balance holds "only" 10k DCR and there's no more than 50k DCR in TOP 10 balances maybe the whale has moved to Poloniex ?

Or spread his coins around to make it less obvious.  Wish I had a screenshot.  Either he is a fucking idiot, or we are going full retard.  You pick.
legendary
Activity: 1154
Merit: 1001
What is "allmempooltix" vs "ownmempooltix"?

All - mempool for everyone's tickets waiting to be mined/confirmed
Own - your own tickets on the mempool waiting to be mined/confirmed
legendary
Activity: 1164
Merit: 1010
What is "allmempooltix" vs "ownmempooltix"?

Code:
{
  "blockheight": 62338,
  "poolsize": 41584,
  "difficulty": 16.13530245,
[b]  "allmempooltix": 41,
  "ownmempooltix": 15,[/b]
  "immature": 0,
  "live": 21,
  "proportionlive": 0.0005050019238168526,
  "voted": 41,
  "totalsubsidy": 73.3078763,
  "missed": 2,
  "proportionmissed": 0.046511627906976744,
  "revoked": 2
}

legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
Please, save the poor children of latin america.
Save the amazon forest.
Buy your tickets in www.decredbrasil.com
 Grin
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