Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 388. (Read 1201332 times)

"fudder member" LOL

There's no room for meaningless accusation coming from trolls in this thread. Just hit the ignore button. That's it! 

Oh, do you hold neucoin?  What about "other" alt coins? not comparable to bitcoin, sorry.
Your history shows you came here straight from trolling a different shitcoin!

So the PoS is different here? You clearly don't understand. No problem, I also found anonymous F _ingsoc particually unhelpful on this subject.
What does davecgh say about devs (he means c0 bring up devs) PoS rewards?  (is that davec here?)


davecgh says,
"The developers have publicly pledged that after an initial stake mining process to help secure the network, they will throttle their stake mining early on in order to help further foster decentralization. So, let's say only 50% of the airdrop coins only end up being used to mine stake. The developers would throttle their stake mining back accordingly."
forum.decred.org/threads/understanding-of-proof-of-stake.180/#post-2179


So "an initial stake mining process to secure the network" WTF is that?
Looks like davecgh and his chums had planned to PoS nearly all the decred rewards at the start.

I say "had" planned. With no PoS pool it will still happen.
(in part, because staking on the existing wallet is impractical/unachievable and will result in "very limited" participation)

As anonymous F _ingsoc stated, (in unrecognised response to my insight) "A stake pool is going up very soon (today or tomorrow [Feb 12]), so any user can get involved in voting and PoS mining using a web interface. That's critically important."

I got the promise of a pool for you. (same time I got launch delayed, remember?)
Will the PoS pool be delivered?

Then "after" that stake mining process, davecgh would "throttle back" their (c0 bring up devs) stake "accordingly"
Bullshit.
How can that be done except "manually" and "in response to" over staking and therefore over 50% of all PoS rewards?

What about compounding?
Try asking anonymous F _ingsoc. Anonymous for a reason.

If you are having a good configuration with not very much rejects i guess you should get around 0.7 DCR a day

Trying to compare actual payout to what I should be getting.
With 400MH, how much DCR should I get in a day?

Very important   (Source cryptomining-blog.com )



The Decred Altcoin is About To Start Their PoS Phase


decred-stake-pool
The Decred (DCR) altcoin that has been generatijng a lot of attention lately is essentially a PoW + PoS crypto coin, however before the block 4096 it is going to be in Proof or Work mode and after that you would be able not only to mine, but also to Stake the coins you own in order to earn more DCR. The Decred block reward is divided in three parts: 60% for a mining, 30% for staking and 10% for the developers with a starting block reward of 31.19582664 DCR coins. This means that the PoW reward for a block is currently about 18.72 DCR, the total PoS rewards is going to be about 9.36 DCR (it could be divided in multiple parts) and the remaining about 3.12 DCR goes to the developers. Furthermore the per-block reward adjusts every 6144 blocks (approximately 21.33 days) by reducing by a factor of 100/101 or with other words ((31.19582664 * 100) / 101) for the first halving.
Since in a couple of hours we are going to reach the 4096 block and the PoS phase will also become active you could start staking any mined DCR coins that you have available in your wallet. Decred staking is a bit different than what most other coins use as a method for PoS and the fact that there is still no official GUI wallet and you need to use the command line wallet to activate staking makes it even harder for non advanced users. To enable staking you need to add the extra command line parameter “enablestakemining”, though there are some extra options also available that might help you such as the max price you pay for ticket or the minimum balance to maintain in your wallet.
Staking in Decred works in a similar way to a lottery, you purchase tickets with the available DCR coins you have (ticket price starts at 2 DCR), then wait for your ticket to be randomly chosen to validate a block or to be taken out of the lottery in 142 days. The coins you use for staking (purchasing tickets for the lottery) will be locked until they are either chosen and you get a reward or 142 days pass. According to the information the lottery lasts about 28 days average and the chance of a ticket not being selected in 142 days are less than 1%, but we’ll have to wait and see. Do note that in order to be successfully staking you need to have your wallet running and online 24/7 and have the wallet unlocked, otherwise you might miss your chance of winning.
The Decred team is also working on a PoS pool where you can delegate your voting rights and participate in the staking without having to run a local wallet all the time in order to stake and you don’t need to send DCR coins anywhere. There is already a test Decred Stake Pool running on the testnet, but you’ll have to wait for the staking phase to start and a pool for the mainnet to become available.

Are you that butthurt? All i see in your post history is fudding decred and neucoin. When you can't cheat a free distribution this is how you react?
Do you even understand how pos is working at decred as from what you say it doesn't seem so. Others won't have a chance to get a POS reward? How so? Their ticked won't be included in a block? Why excatly? There will be N number of tickets doesn't matter if 90% is bought by devs and 10% is bought by the others or 10% by the devs and 90% by the others because the number of possible tickets is the same. Every invidual will have the same chance not with like normal pos where the weight is stolen by the premine. The ticket price will be the same for the devs and for regular users too.
What about the premine...BTC, DASH, ETH, etc wasn't premined/instamined right.

Every sane person can realize that your words are clearly fuds for a whatever reason

Bring up devs (c0) too gready. Too much premine. Leading to too much PoS rewards. More than 50% of all PoS rewards. That is 15% of all blocks for bring up devs. Bring up devs will have to "throttle back" to give others any chance of PoS reward. A chance to PoS if the pool is ready in time. Bring up devs get 450,000 decred PoS reward this year to sell. Probably more. Then again next year.  

The "bring up" devs, (c0) get all this PoS for nothing. (a "hidden bonus" on their premine) It's not going to decred devs.
decred devs get an empty pot. A pot that will receive LESS per block than c0 bring up devs will get. For nothing.

Now that decred dev pot must be spent (as it receives) on shit like wallets. Not innovation.
All hiding behind anonymous F _ingsoc.
This coin has little potential. Sense say sell now. collect your btc while you can.

Oh wait, you dont do details? facts? just opinion? just shill? just buy?

I missed a dozen or so airdrops because I was too busy fuckin' with the Cryptsy thread, perhaps a couple others during that time. In hindsight, I probably could've easily profited over three grand if I simply kept my mouth shut and partook.

That said, again, I have no issues with Decred unless, that is, their comrades think it's prudent to shove it up my ass, whereupon I'd revert to my favorite pastime - Google-fu.

So, since I was told that there was no way Blake-256 14 round would fit on an LX9, I finally put a complete-ish miner to my Mojo v3. It searches for a hash below a target hardcoded in the design - would probably be set to diff1 in practice - and takes a midstate and the message (block header portion) over USB serial and simply sets the nonce to zero, then iterates it until it finds a hash below its target. When it does, it sends the nonce back out over USB serial.

The design is certainly not optimal - while I did optimize most of the core logic as best I could, to keep things with I/O simple, I have made it accept 128 bytes. The first 64 is the FULL Blake-256 state as it will go into the transform, the other 64 being the portion of the block header that goes into the final Blake-256 block process. Since the high 32 bytes of the Blake-256 state at the beginning of a block process are known constants that I need for the rounds anyways, I could omit that from the input and fill it in on the FPGA. I could also omit the filler nonce sent in that gets overwritten with zero upon beginning the search for a nonce resulting in a hash below the target.

All that said, the hashrate as of now with this implementation is 0.82MH/s - 0.85MH/s. Power use is as yet unknown - it's powered over USB, and the only tools I have to measure watt usage measure it at the wall plug.

Gleb, you applied for a dozen or so airdrops? How many airdrops did you receive?
Can you share that info?

This coin have big potential, more buy is now

Sure, not meant as dis toward Decred. Also, appreciate your time in posting the depiction.

Your numbers reflect that only ~32% of airdrop recipients have opted to claim their windfall. I merely pointed out that of the few Decred YouTube videos that have been uploaded over time depict über-low view counts putting the actual number of recipients in questions, again, not a dis.

I chose this video because it had the most view counts for the search term "Decred" at the time (and still now) with just over 100 views, now standing at 208, doubled since I linked to it on this thread. I'm just taken aback that the counts (other Decred video don't enjoy view counts over 100) aren't much higher given that folks are expressing issues, hence normally seeking out solutions on boards and, yes, YouTube videos. I contend that the view counts should be no less than 1/3 of the airdrop recipients given that 1/3 have already exited and the other third is well-versed.

Just an observation I'm sharing, accepting any proof of the contrary.

No I'm not... but thanks anyway.

Once you get the hang of it, it's not too "advanced." It's a lot easier than running some programs on a Commodore 64, or even an Apple II.