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Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 299. (Read 1201327 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
How would you guys compare Decred's voting system to the DAO ( of Ethereum) ?

there seems to be much more hype around DAO but Decred's going to implement something similar to Eth/DAO if I understand correctly?

I'm looking at both Decred and DAO and studying them both from teh PoV of decentralized voting crypto

DAO and Decred have the best chance of making their crypto-democracy projects work.

They're using different approaches and have different goals, which may overlap and become mutually supportive in the future.

If you want to see the same idea done very badly, check out the raging controversy about Dash's "DGBB" (Distributed Governance By Blockchain).   Cheesy
newbie
Activity: 23
Merit: 0
How would you guys compare Decred's voting system to the DAO ( of Ethereum) ?

there seems to be much more hype around DAO but Decred's going to implement something similar to Eth/DAO if I understand correctly?

I'm looking at both Decred and DAO and studying them both from teh PoV of decentralized voting crypto
sr. member
Activity: 504
Merit: 250
It's all about Crypto 2.0 this year. What does Decred do that other coins don't"
legendary
Activity: 1193
Merit: 1000
Peaky Blinder
This is undoubtedly one of the most interesting coins of the year. It looks to have some great developers and is no doubt technically superb. The governance model is also beautiful and some of the proposals are eye catching.

But what the hell is the plan for adoption, besides just being an awesome coin? This critical question is absolutely ignored if not avoided from what I can tell.

I'm not asking for a plan that would replace bitcoin, but just something that's going to get it used.

Otherwise, it's a waste of a good coin, IMO.

These are not unfair concerns. Now that Decred has seen its first quarter, it's an important time to begin our review as a community and as a project. This will be done as an announcement. To answer your questions directly, the RFPs to date are set out predominantly to address issues of accessibility, whether it's access to the software and network functions through GUIs (RFP-1, RFP-2), access to information about network activity (RFP-3), access to information about how to use the software and different platforms (RFP-4), or access to Decred through PoW mining through software (RFP-5) or PoS (RFP-6) mining through stake pools. All of these RFPs are on-going and aim to improve the means by which users can access the software.

Once these are complete and at a reasonable level of maturity, Decred RFPs will transform to address new needs evidenced by users. You can already see that happening with work into getting much better at Decred's presentation to the outside world (RFP-7), due to the fact that other RFPs are progressing, and exploratory work into transaction scripts such as smart contracts (RFP-8). Another incredible milestone that most users are not aware of is dcrd is currently being synced to its upstream project (btcd). Most cryptocurrencies do not enjoy this, but with continued development, Decred gets to pull in a lot of improvements. So for example, dcrd will see a major redesign and rewrite of the database package for highly optimized read performance with consistent write performance regardless of database size, once the sync is complete (to name one of the bigger improvements).

Achievement of these milestones will lead to demos of blockchain governance, followed by actual "smooth" hard forks, and progressing community members into the project governance side. It may not be super visible at the moment, as most of the visible work goes into the code repositories, but output will eventually become more visible when some of the accessibility milestones are reached. Once that happens, Decred is one step closer to its goal of consensus-based decision-making through voting on the blockchain. It is at that point where things get really interesting when Decred is much more accessible, decentralized, and ready for wider participation.


Nice answer. Hope those polo dumpers gonna read it.

Looks like Bittrex has more mature traders/investors.
sr. member
Activity: 452
Merit: 251
This is undoubtedly one of the most interesting coins of the year. It looks to have some great developers and is no doubt technically superb. The governance model is also beautiful and some of the proposals are eye catching.

But what the hell is the plan for adoption, besides just being an awesome coin? This critical question is absolutely ignored if not avoided from what I can tell.

I'm not asking for a plan that would replace bitcoin, but just something that's going to get it used.

Otherwise, it's a waste of a good coin, IMO.

These are not unfair concerns. Now that Decred has seen its first quarter, it's an important time to begin our review as a community and as a project. This will be done as an announcement. To answer your questions directly, the RFPs to date are set out predominantly to address issues of accessibility, whether it's access to the software and network functions through GUIs (RFP-1, RFP-2), access to information about network activity (RFP-3), access to information about how to use the software and different platforms (RFP-4), or access to Decred through PoW mining through software (RFP-5) or PoS (RFP-6) mining through stake pools. All of these RFPs are on-going and aim to improve the means by which users can access the software.

Once these are complete and at a reasonable level of maturity, Decred RFPs will transform to address new needs evidenced by users. You can already see that happening with work into getting much better at Decred's presentation to the outside world (RFP-7), due to the fact that other RFPs are progressing, and exploratory work into transaction scripts such as smart contracts (RFP-8). Another incredible milestone that most users are not aware of is dcrd is currently being synced to its upstream project (btcd). Most cryptocurrencies do not enjoy this, but with continued development, Decred gets to pull in a lot of improvements. So for example, dcrd will see a major redesign and rewrite of the database package for highly optimized read performance with consistent write performance regardless of database size, once the sync is complete (to name one of the bigger improvements).

Achievement of these milestones will lead to demos of blockchain governance, followed by actual "smooth" hard forks, and progressing community members into the project governance side. It may not be super visible at the moment, as most of the visible work goes into the code repositories, but output will eventually become more visible when some of the accessibility milestones are reached. Once that happens, Decred is one step closer to its goal of consensus-based decision-making through voting on the blockchain. It is at that point where things get really interesting when Decred is much more accessible, decentralized, and ready for wider participation.
sr. member
Activity: 354
Merit: 252

This is undoubtedly one of the most interesting coins of the year. It looks to have some great developers and is no doubt technically superb. The governance model is also beautiful and some of the proposals are eye catching.

But what the hell is the plan for adoption, besides just being an awesome coin? This critical question is absolutely ignored if not avoided from what I can tell.

I'm not asking for a plan that would replace bitcoin, but just something that's going to get it used.

Otherwise, it's a waste of a good coin, IMO.
hero member
Activity: 756
Merit: 500
legendary
Activity: 1610
Merit: 1119
It's all mathematics...!
why the sudden pump guys?

The coin was added to Poloniex, Poloniex is a bigger exchange, so more buyers -> higher price.

yes, indeed ... good news then

But the problem is that buyers can't keep up with those dumpers furiously selling their DCR.


just a normal trading cycle...yada yada yada

disclaimer:no one cares
sr. member
Activity: 406
Merit: 250
why the sudden pump guys?

The coin was added to Poloniex, Poloniex is a bigger exchange, so more buyers -> higher price.

yes, indeed ... good news then

But the problem is that buyers can't keep up with those dumpers furiously selling their DCR.
legendary
Activity: 1050
Merit: 1000
The Apparel Decred developers are the same as Bitcoin legitimizes the project  Smiley

I you compare bitcorn to decred from the legit point of view dcr would be more 1000x legit .. bitcorn was instamined to hell that's why its so successful
member
Activity: 74
Merit: 10
The Apparel Decred developers are the same as Bitcoin legitimizes the project  Smiley
sr. member
Activity: 264
Merit: 250
why the sudden pump guys?

The coin was added to Poloniex, Poloniex is a bigger exchange, so more buyers -> higher price.

yes, indeed ... good news then
sr. member
Activity: 406
Merit: 250
The great innovation that DCR has is that exchanges can not participate in POS with out buying tickets.  And if they do, they will not have the DCR for when user withdraw.

Which could explain why yobit withdrawals haven't been going out for over 48 hours.

You've got a point there, most likely some DCR deposit on Yobit currently on POS pool.
newbie
Activity: 18
Merit: 0
The great innovation that DCR has is that exchanges can not participate in POS with out buying tickets.  And if they do, they will not have the DCR for when user withdraw.

Which could explain why yobit withdrawals haven't been going out for over 48 hours.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
the polo thing is fading away quickly, it seems they are dumping once again under 0.004, can this thing be sustainable for the long term at this point?
hero member
Activity: 966
Merit: 500
The great innovation that DCR has is that exchanges can not participate in POS with out buying tickets.  And if they do, they will not have the DCR for when user withdraw.
legendary
Activity: 966
Merit: 1001
Yes and now it is time to get the real price.
newbie
Activity: 26
Merit: 0
wooh at last dcr made it to poloniex  Roll Eyes  could be way cooler 2 monthes ago with more bullish market




price up by 50% and i assume this is not the end Wink

I think so too  Cool
Poloniex is a great step for Decred coin !
vip
Activity: 1428
Merit: 1145
wooh at last dcr made it to poloniex  Roll Eyes  could be way cooler 2 monthes ago with more bullish market




price up by 50% and i assume this is not the end Wink

10 fold volume in three days helped.
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
wooh at last dcr made it to poloniex  Roll Eyes  could be way cooler 2 monthes ago with more bullish market




price up by 50% and i assume this is not the end Wink
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