Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 312. (Read 1201695 times)
April 29, 2016, 07:22:03 PM
Well you do live in Europe and pay a metric shit ton for electricity. I live in California, which is quite expensive for electricity in the US, and I pay a bit more than half that rate.
April 29, 2016, 06:54:08 PM
wow 10th/s network hashrate..
Seems like there is quite a bit of interest in DCR...hashrate keeps climbing.
It's almost the most profitable coin to mine, and now that there is the dualminer with ETH, which is the most profitable coin to mine, it makes sense that hashrate would rise. I wouldn't necessarily expect price to rise though, more likely to drop as farms and stuff dual-mine and dump.
At this price and that diff. it isn't even capable of covering the energy bill.
I got 5 GH/s at 1.000 Watt.
1 KW = 0,24€
1*24*30*0,24 = 172,80€ Energy costs
Outcome = 2,5 DCR / day
2,5*30*0,0035 = 0,2625 BTC / month
1 BTC = 400€
400*0,2625 = 105 € revenue
172,80 - 105 = 67,80€ loss / month
April 25, 2016, 09:25:35 PM
The 3 top world currencies will be BTC, ETH, and DCR they will equal 100 Billion dollars in market cap
when?
I brought some coins at a high price...... 0.005BTC per decred. But now all i can do is cry and see the price falling and falling.
Comeon pumpers, where are you now?
If you had taken the effort to learn how to solo stake, you would have mitigated your loses by now, or at least broke even. Of course, this is your very first post, so it's clear you just made this account to post some FUD.
I'm just waiting for my tickets to come in to relieve myself of this bag. It may take a while. Good luck to everyone else. Hope all your dreams come true with this coin.
Asking for pump groups, too - which will only hurt or kill the coin long term. Fuck that guy.
April 29, 2016, 06:33:02 PM
wow 10th/s network hashrate..
Seems like there is quite a bit of interest in DCR...hashrate keeps climbing.
It's almost the most profitable coin to mine, and now that there is the dualminer with ETH, which is the most profitable coin to mine, it makes sense that hashrate would rise. I wouldn't necessarily expect price to rise though, more likely to drop as farms and stuff dual-mine and dump.
April 29, 2016, 06:26:57 PM
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.
Thank you for this excellent explanation of Decred. I continue to do research and find these kinds of explanations to be very helpful. They build my confidence in the project.
April 29, 2016, 05:54:11 PM
wow 10th/s network hashrate..
Seems like there is quite a bit of interest in DCR...hashrate keeps climbing.
April 29, 2016, 05:28:56 PM
@Wolf0 any news regarding the cgminer-update?
April 29, 2016, 05:10:18 PM
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.
April 29, 2016, 04:43:46 PM
wow 10th/s network hashrate..
April 29, 2016, 08:39:27 AM
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!
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.
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...
Apologies in advance, but this was the last that I engaged on this particular discussion.
Cheers!
April 29, 2016, 08:26:57 AM
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?
April 29, 2016, 07:15:50 AM
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?
April 29, 2016, 07:09:43 AM
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.
April 29, 2016, 07:01:34 AM
Is Decred online wallet secure? Any feedback?
April 29, 2016, 06:55:02 AM
Any updates on GUI wallet?
April 25, 2016, 05:35:54 AM
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?
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.
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.
April 29, 2016, 06:37:39 AM
Gui Wallet Plz
April 29, 2016, 04:56:45 AM
Smart contracts on decred? That's an amazing news!
April 25, 2016, 05:25:59 AM
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?
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.
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.
April 29, 2016, 04:49:42 AM
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.
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