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Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 312. (Read 1201380 times)

hero member
Activity: 1308
Merit: 508
@Wolf0 any news regarding the cgminer-update?
newbie
Activity: 51
Merit: 0
That said, I do have some ideas on how to commercilalize Decred blockchain but it would need to become permissioned one, it would have to let go the currency altogether and do some heavy very specialized development for our industry needs. I'm not even going to ask Decred developers if they are interested cause obviously the answer is going to be no.

I have to agree with myagui on this one. It wouldn't be difficult to hire your own blockchain specialist.  The real question I have would be why?  

From your statements it sounds like you want a private blockchain in addition to a permissioned one. What would a blockchain do for your industry that a database doesn't? Unless it is going to interact with another public chain such as bitcoin, decred, or even ethereum.
member
Activity: 137
Merit: 10
wow 10th/s network hashrate..
legendary
Activity: 1154
Merit: 1001
I appreciated this response to this question. I have been researching Decred and trying to understand what makes it unique and why I might want to invest in it. You've done a nice job in this response of making a case for what makes Decred special.

Thank you!  Smiley

You could read Morgan Stanley predictions on the future of blockchain which I referenced above in my earlier posts. I totally understand where they are coming from as I deal with this stuff daily. I'm in charge of foreign business development for the largest money transfer company in Europe and third largest in the world with 20 billion USD turnover. The regulation is so heavy that its a real obstacle to our work and NOTHING is going to change that. If we move even 1% of our operations to blockhain not asking the regulator we are going be closed tomorrow.

Quoting a 3rd party prediction does not magically turn said prediction into substantive evidence, in fact, dare I say, it simply remains a prediction. Again, I'll appreciate any information facilitating my eventual possession of a crystal ball.  Grin

That said, I do have some ideas on how to commercilalize Decred blockchain but it would need to become permissioned one, it would have to let go the currency altogether and do some heavy very specialized development for our industry needs. I'm not even going to ask Decred developers if they are interested cause obviously the answer is going to be no.

I'm starting to regret that I even entertained your prior posts, anyhow, here's my final go at it:
The depth of change that you just described, as well as casually tying to a business case within the operations of a company with a 20 billion USD turnover, largely suggests that said company should hire a blockchain specialist. This is (proudly?) an open source project. You can easily fork it, modify as necessary for private or permissioned usage, and get your business party going.
Certainly the largest money transfer company in Europe can afford a little blockchain R&D in its budget...  Roll Eyes

Apologies in advance, but this was the last that I engaged on this particular discussion.
Cheers!
hero member
Activity: 744
Merit: 500
That said, I do have some ideas on how to commercilalize Decred blockchain but it would need to become permissioned one, it would have to let go the currency altogether and do some heavy very specialized development for our industry needs. I'm not even going to ask Decred developers if they are interested cause obviously the answer is going to be no.

It` clear that there is no biz plan for Decred. Do you have one to offer? Or do you have any ideas?
hero member
Activity: 744
Merit: 500
Is Decred online wallet secure? Any feedback?

Let me quote from the FAQ section in dcrdocs, which is currently being completed as part of RFP-4:

Quote
The web client is a fork of Copay, so it is as secure as that. The seed (and hence private keys) are kept and computed locally in your browser's local storage and everything is run client-side. The server never has access to any of the private data needed to spend coins.

That means it's not an account service, so it basically uses your browser to act as a GUI.

Ok. Another question is if Decred guarantee 100% anonymity with its Schnorr signatures?
sr. member
Activity: 452
Merit: 251
Is Decred online wallet secure? Any feedback?

Let me quote from the FAQ section in dcrdocs, which is currently being completed as part of RFP-4:

Quote
The web client is a fork of Copay, so it is as secure as that. The seed (and hence private keys) are kept and computed locally in your browser's local storage and everything is run client-side. The server never has access to any of the private data needed to spend coins.

That means it's not an account service, so it basically uses your browser to act as a GUI.
hero member
Activity: 744
Merit: 500
Is Decred online wallet secure? Any feedback?
member
Activity: 66
Merit: 10
Altcoin Enthusiast
Any updates on GUI wallet?
member
Activity: 81
Merit: 1002
It was only the wind.
What's going on with suprnova?... I'm recently more off- than online....

Anyone here knows a good pool which has a better availability and less downtime?

It should be fine since a few hours, it's currently getting ddosed pretty heavily but I've listed most of the other pools on the frontpage of suprnova like posted earlier

Cause everyone wants decred.
Price will rise x10

Don't talk such crap... DCR is almost dead...
I'm just mining for fun. But everyone knows that DCR will never be successful.
Price is dropping same as the volume... and it won't ever change.


Ok, so who buys?

Stupid ppl who doesn't have basic economy knowledge and don't realize that DCR is already dead before it started.

What kind of "basic economy knowledge" are we lacking (supposedly), let's hear a little about it?
My investment in DCR so far has been lucrative. As a matter of fact, my investment has doubled.
 How does your brilliant economic theory account for that, do tell?


The basic knowledge that people don't sit in threads just to warn people about losing money because they have a heart of gold, quite the opposite. They do it because they're trying to scare the price down and buy; this means that they believe that it will rise, and actually trying to make others lose money, while appearing to be concerned for them. Tongue

I have never bought and I will never buy DCR due to the fact that the price is dropping since weeks.

And that's why you're still here. Whining about it.

No, I'm here because it's my hobby and mining(hardware) is fun for me.
I'm just not as stupid to think that it will ever pay off.

You keep telling yourself that bullshit. Grin
full member
Activity: 196
Merit: 100
hero member
Activity: 882
Merit: 500
Smart contracts on decred? That's an amazing news!
member
Activity: 81
Merit: 1002
It was only the wind.
What's going on with suprnova?... I'm recently more off- than online....

Anyone here knows a good pool which has a better availability and less downtime?

It should be fine since a few hours, it's currently getting ddosed pretty heavily but I've listed most of the other pools on the frontpage of suprnova like posted earlier

Cause everyone wants decred.
Price will rise x10

Don't talk such crap... DCR is almost dead...
I'm just mining for fun. But everyone knows that DCR will never be successful.
Price is dropping same as the volume... and it won't ever change.


Ok, so who buys?

Stupid ppl who doesn't have basic economy knowledge and don't realize that DCR is already dead before it started.

What kind of "basic economy knowledge" are we lacking (supposedly), let's hear a little about it?
My investment in DCR so far has been lucrative. As a matter of fact, my investment has doubled.
 How does your brilliant economic theory account for that, do tell?


The basic knowledge that people don't sit in threads just to warn people about losing money because they have a heart of gold, quite the opposite. They do it because they're trying to scare the price down and buy; this means that they believe that it will rise, and actually trying to make others lose money, while appearing to be concerned for them. Tongue

I have never bought and I will never buy DCR due to the fact that the price is dropping since weeks.

And that's why you're still here. Whining about it.
sr. member
Activity: 452
Merit: 251
Anyone have an ELI5 for the first post?

Decred is an early-stage project that is attempting to build a principled platform for blockchain and project governance. Blockchain governance is a complex topic, but in simple terms, Decred will give its users representation in the determination of where the blockchain goes by voting on blocks to achieve social consensus about its future. It is early-stage because right now the software is mostly accessible to users comfortable with a command-line interface, users are still getting to know the concepts, developers are still improving the software on a daily basis, and the necessary infrastructure is still being put in place so voting is accessible to all users.

Project governance, however, is a concept that has been explored more thoroughly. Decred is backed by a group of developers responsible for btcsuite - a suite of packages and tools for working with Bitcoin in Go (Golang) including btcd, a full node, mining-capable, Bitcoin implementation. Decred is also self-funding, which means users and miners can have confidence in the notion that development is active and will remain active. In short, developers maintain and improve Decred, but ultimately it will be up to the collective that has formed in Decred to use its features to decide where it goes - even things like smart contracts are quite easily done in Decred, but right now it's about focusing on the fundamentals so that everyone with interest may have accessible representation and a say in Decred.
newbie
Activity: 39
Merit: 0
That said, I do have some ideas on how to commercilalize Decred blockchain but it would need to become permissioned one, it would have to let go the currency altogether and do some heavy very specialized development for our industry needs. I'm not even going to ask Decred developers if they are interested cause obviously the answer is going to be no.
newbie
Activity: 39
Merit: 0
Not to say that those arguments are entirely without reasoning, but there's some wild predictions being claimed as the certain future there, lacking any substantive evidence whatsoever. Were can I get one of them crystal balls please?  Grin

You could read Morgan Stanley predictions on the future of blockchain which I referenced above in my earlier posts. I totally understand where they are coming from as I deal with this stuff daily. I'm in charge of foreign business development for the largest money transfer company in Europe and third largest in the world with 20 billion USD turnover. The regulation is so heavy that its a real obstacle to our work and NOTHING is going to change that. If we move even 1% of our operations to blockhain not asking the regulator we are going be closed tomorrow.
hero member
Activity: 532
Merit: 500
I guess nobody wants to discuss the business case for Decred ? People seem to be stuck on technical stuff. The mining is working fine but you don't even get a dollar per card per day. I'm just wondering what others base their belief that its going to take of on ?

I don't see that a particular business case is needed. People have long debated what the business case for Bitcoin is, and the jury is not out on that one yet... What is most distinguishing with Decred, is in effect the technical stuff.

Once the comprehensive voting infrastructure is built (beyond voting on PoW), development funding and direction is effectively decentralized. This is unique and truly powerful, especially on a platform that is largely similar to Bitcoin but with a lot of technical improvements to begin with. But since you don't seem to care much about the technical stuff, I don't expect any of this to resonate...

Note: I do believe that a particular business case is sometimes useful and valuable, however I don't think that one is always fundamentally required. If you look at the majority of the popular altcoins (say for example a top50, by what I suppose most people would define as popular, some sort of combination of market cap along with sustained trade volume), you'll find that business cases are largely absent, barring a couple of exceptions.

I appreciated this response to this question. I have been researching Decred and trying to understand what makes it unique and why I might want to invest in it. You've done a nice job in this response of making a case for what makes Decred special.
legendary
Activity: 1007
Merit: 1000
You dont need the memory set above default, i run mine lower. Depending on the miner you are using you could up the I - a bit. I wouldn't expect over 1GH tho, my 280's do 1.25
Memclock does not need to be upped for extra speed?? So I can basically remove the --gpu-memclock setting from my .bat? I am using cgminer-3.7.2-decred..... it was the first miner I found. I literally hooked up the gpu this afternoon EST lol. So haven't had much time to mess with settings, and as I say, I'm new to the next-gen algo's. So please forgive my ignorance on the matter.
member
Activity: 73
Merit: 10
Just got a suuuuper cheap gigabyte r9 270x. Anybody know good clock settings? I havent really been gpu mining since the glory days of scrypt :p
Currently, I have it running ~895 Mhs at   e:1100 m:1000 I:12

You dont need the memory set above default, i run mine lower. Depending on the miner you are using you could up the I - a bit. I wouldn't expect over 1GH tho, my 280's do 1.25
legendary
Activity: 1007
Merit: 1000
Just got a suuuuper cheap gigabyte r9 270x. Anybody know good clock settings? I havent really been gpu mining since the glory days of scrypt :p
Currently, I have it running ~895 Mhs at   e:1100 m:1000 I:12
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