Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 50. (Read 1201764 times)

LOL, didn't know Btctalk trolling was still a thing. when stakey branded lambos sir?

That makes it clearer. Thanks!

why not we remove this silly voting thats controlled by the developers and their buddies themselves lol = total circle jerk

That's the important bit! Without being voted on, a chain split can literally not happen. The attacker would need to have so many tickets staked such that for every block in the split chain, they were assured their tickets would be called on to vote for the validity of their split chain. This is the power of the consensus model we have in Decred, and why it is prohibitive (impossible) for the chain to be split in an eth/etc manner.

Everything in Decred is voted on by the stake holders.

The developers write and test code for BOTH outcomes of the vote.  In the instance where a fork would occur, Decred's governance automatically selects the code based on the outcome of the vote by the stakeholders. 

https://www.cryptocompare.com/coins/guides/a-look-at-decreds-governance-system/

This is interesting, although I admit I still don't understand how it is impossible to make a chainsplit even if it does indeed take more work than I assumed before.
But if you insist this is the case and the dev team agrees, I guess I'll take your word for it

directed by who? If we decide to fork we decide to fork...there shouldn't be some crypto-nazi dictating code..this is open source? :\hmm

it is obvious that the coin can be cloned like any other, just copy and paste the code
The question was another.
It was about a split in blockchain as happened with eth / etc.
This is impossible in decred because the blockchain stops working without POS voting that will always be directed to only one chain.

watch me fork your coin what you are saying is impossible unless it's rigged and not even an open source project..errrr yeah :\

The decred code was written to make impossible a chain split.
When a hardfork voting happens the old blockchain "dies" instantly.
It's impossible for someone to take control and keep it alive as happened with ETH/ETC and BTC/BCH

Hi everyone, i've read that trezor has add support to decred recently.
Where can i find a guide that help me to transfer my decred on my trezor?

Thank you!

This is no guarantee. Sure the changes are voted but that doesn't make them unanimous. In theory there could always be a chain split.
It is very unlikely of course

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Decred is the first project with on-chain governance.  The community approved a few code changes (like adding LN) for consensus hard fork (no chain splits in the Decred community) and will be steering the development fund with it when Politeia finishes rolling out.I really like the governance model but the staking requirements are too high for me. Good luck for the future.

Because Bitcoin is focused so much on preserving backward compatibility, there are certain updates we won't ever see included in Bitcoin without causing a fork. Interesting approach by @decredproject to avoid this by unifying the community through a PoW-PoS combo.
https://twitter.com/theobtl/status/1019676848127664130

bump^

yes Decred is a valid and stable coin ... i think this project is one of the most valid of all cryptoworld.... have more and more potentiality... i think in long term this project can reach first 10 position but i think dev need more marketing and some rensonance in cryptoworld media... 

The DCR is a stable coin in the crash.

Well, this is pretty much the million (more like trillion) dollar question, isn't it: what will the blockchain future look like?

I don't think a pure smart contract platform, in which the main token is reduced to the role of an utility token is really working. ETH pretty much turned into a currency, even though Vitalik emphasized in the beginning that it was not supposed to be one.

I also think that from a technical point of view, it is a good idea not to have a "winner takes it all" future, because code has bugs and in the case of cryptocurrencies, a bug may be the equivalent of a digital nuclear blast. So, having multiple chains and multiple currencies keeps the blockchain ecosystem diverse and less vulnerable to critical flaws.

I think DCRs place is not that defined and it doesn't have to be. It is there, it is tech that can be used and if it is worth it, it will find its niche. At the very least, it is going to be a backup solution, a plan B if you will.

There's also a chance that we will see a future develop in which, due to DEXs and atomic swaps, you have a portfolio rather than a bank account. At the moment, everything blockchain is still very bare bones. We are pretty much interacting on the terminal/console layer with blockchains right now.
There's the possibility that in the future, you don't even know which types of cryptocurrency you are using. Imagine this: you are holding DCR and you are buying something with it. Now, the person you are buying from only accepts LTC. Via an atomic swap, you exchange your DCR on the fly for LTC without noticing it. The only thing you see is the account value in a base currency (EUR/USD/BTC/…).
Should this be the future, it is a good idea not to put all eggs into one basket. You'd probably hold a number of different currencies, to hedge against price swings and critical failures.


Congrats  

Ya good idea. I dunno though, judging from the pm's he's sent me, I think I've successfully trolled the troll.