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Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 555. (Read 1201663 times)

legendary
Activity: 1456
Merit: 1000
legendary
Activity: 1762
Merit: 1002
im in for the first pump, so much whale on aboard ,
"0.49 ico to 5$"  Cheesy Cheesy Cheesy Cheesy ,lets pumping it before btc >1000$ and dump all at the peaks btc hit moon times
end story  Roll Eyes
2016 retirement for whale and all plan has been set  Cheesy
polo get ready for bot crashing the web
full member
Activity: 156
Merit: 236
Catching up on some older questions. The project will have an FAQ section up where we can all collect questions from these early discussions to answer queries for new users.

why you want online presence with email address Huh  do you try building user database or something ?

In essence, the project centers around contribution. If you have contributed to things in the past, you are likely to continue doing so. The project asks for an online presence as a means to (1) confirm you've contributed work elsewhere and (2) try and help avoid abuse of the airdrop initiative so people don't try and sign up multiple times. The goal is to spread the network far and wide from the beginning. However, if you haven't made any contributions, you can still sign up if you get in touch with the project and you can contribute ideas for what you'd like to do in the future - that is valid too. Even an account on a forum where you've shown discourse on issues is great - because it shows you think. It's just so that we can avoid people who have no interest in building with the project. Decred wants people who are doers that also want progress.

Well, it look interesting, but...
I'm not sure that 8% premine - 4% for development and 4% for airdrop plus 10% allocation from each block for further development is the right way.
Also 0.49$ per coin is like seting ICO price for premine and by saying "...all coins owned by developers will either be purchased at a rate of USD 0.49 per coin from their own pockets or exchanged for work" you basically presented closed ICO.
Anyway we'll see how this will turn out. All negative things we saw in crypto system joined together maybe can give something positive but I guess only time will tell.
Should be interesting to participate.
Watching!

This is completely valid and a fair point. It was honestly the best compromise the project could reach given the realities of life and that things cost money to build. Keep in mind that what's being discussed here isn't a proposal, it's a built system. The project isn't selling you ideas and asking for your money. Decred is announcing a project of made technology and trying hard to involve people in that effort, so we can progress and strengthen said technology. It's an invitation to walk that journey together. What Decred has done in order to build the technology is the following:

(1) Development funding came from the developers themselves. No developer got free coins, they had to pay or develop at a rate of $0.49/coin. Only the developers suffer if Decred fails early on. No one else carried any risk, nor will they be asked to.
(2) To make up for the coins developers bought in this way to fund the project, the airdrop initiative gives the equivalent to the community in an effort to strengthen the network early on and balance the "sin of the premine".

I do not know if someone mentioned it , but [DCR] is already taken by DeltaCredits.

This has been mentioned, thanks! Let's put this up for discussion by the community prior to launch. Never the project's intention to override anyone else's effort - so that was an earnest mistake on the project's part. It would be good if anyone from DeltaCredits had some input on this matter.

i wonder what would happen if i make a new email and submit it as if i was someone here, say... gleb gammow  Roll Eyes Huh

If you were Gleb Gamow and did that, you would certainly qualify for the airdrop. My perspective as an individual is to applaud his efforts on the assumption that he is looking out for the community. He went through extraordinary effort to do research and present his findings - maybe some people think that's questionable, but it's nonetheless impressive. Speaking as a member of the Decred community, I would argue that's an important talent and a mind worth including in a project that wants to challenge governance and continue building new technology.
legendary
Activity: 1946
Merit: 1005
My mule don't like people laughing

Yeah I also just checked their thread. Dead, De-listed because of no volume and a broken PoS network. I think its safe to use the ticker for this coin.




legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
legendary
Activity: 1456
Merit: 1000
i wonder what would happen if i make a new email and submit it as if i was someone here, say... gleb gammow  Roll Eyes Huh
hero member
Activity: 606
Merit: 500
sr. member
Activity: 433
Merit: 250
I do not know if someone mentioned it , but [DCR] is already taken by DeltaCredits.

https://bitcointalksearch.org/topic/deltacredits-trade-in-ends-in-less-than-24-hours-1155319
hero member
Activity: 597
Merit: 504
hero member
Activity: 1344
Merit: 502
full member
Activity: 156
Merit: 236
I desire tacotime to go on record and state whether he is related or not to Jake Yocom-Piatt (Jacob Yocom-Piatt/Jacob Y Piatt) like at least two other known personnel making up Decred's staff are.

The others are still asleep. Once they catch up to this, and have information on what you've provided, I'll ask them to come on here and give you what they want to share about themselves. It's in the interest of the project to keep the account for project related matters (in my opinion as a person typing this), so this will be addressed individually by people working on the project.
full member
Activity: 156
Merit: 236
Thank you for not making this thread a self-moderated one. I promise to be kind unless ... (assuming you know what 'unless' consist of). To date, I like what I see, sans uber minor issues.

Gleb, this is _ingsoc now responding with the project account to back up my long response above to you. Basically I'm the dumbest member interested in the project, so I'd rather the other guys work on code (the stuff the actually matters in the end instead of arguing on here!). I want to single out this point you made. This thread is not self-moderated because Decred as a project will never censor you. Never.

The only exception to this is if you do crazy stuff like make death threats and dox people personally (like their families, etc. for no reason) - pretty much horrible things. You haven't done this at all, and I am taken aback at the effort you've gone through to find information. In fact, it's almost unbelievable to me! I believe you are acting out of the interest of the community and those interested in the project, so I am going to respond to your points. For opinion and public information, you have complete freedom and this is why I am taking all this time to respond to you specifically. Everyone working on this project cares deeply about free speech and will defend it for you - even if it sucks for us individually (that will never change in the future either).
sr. member
Activity: 452
Merit: 251
Gleb, I need to photoshop you an award that says World Record Holding Inspector Gadget Of The Interwebz Tongue
I'll settle for the Pakled We-Look-For-Things Mother Ship.

Wow, Gleb! I second this. You have dumped a ton of information here. I just woke up to all of this, and am trying to catch up on all the activity.

I want to give you my perspective on this as a community member, an individual working on the project, and as a matter of public record. I've been involved in the project since 2013 when I got to know tacotime. It was purely theoretical at that point - his work on hybridising PoW/PoS. There was an obvious desire to turn this into something practical, but things were absolutely crazy. Tons of ICOs everywhere. We considered at that point to do something similar - before things even got that crazy - but when lots of projects started taking people's money without deliverables, we got really concerned about the ethics of the matter, since there was always a possibility the project could fail and we'd let all those people down. This was especially worrisome as tacotime would be the only dev. We decided against this and would rather not have his work come to fruition than take the risk to mess people up like that.

So in late 2013 I learned about c0 (Conformal Systems at the time) and got to know Jacob through their open-source work. Obviously btcsuite represented, even at that time, a monumental contribution to Bitcoin development given all the devs employed to work on it. Bear in mind not all btcsuite devs (btcd and btcwallet primarily at the time) were employed, and we should all know these other people for their work and contributions to the ecosystem. Having said that, btcsuite is primarily the funded open-source contribution of c0. You can look at their Github account for that.

I wanted to find a way to bring the talent and effort I saw in their Bitcoin development and contributions to alternative cryptocurrencies - because why not? That's where we can try new things and experiment with new ideas. If you forget about the negative connotations some people hold against "alts", you can bring the same quality and progress seen in packages likes those in btcsuite elsewhere. That was my motivation in approaching c0 on behalf of myself as an individual and tacotime. It turned out c0 shared a lot of our philosophies of collaborative governance and pushing for alternative systems - not at the expense of Bitcoin, but as an extension of technology. It's healthy for the overall ecosystem, and we'll fight for this.

So then development began in early 2014 and here we are. The project didn't take anyone's money and it never will. The project isn't even ours - "we" are custodians trying to boost it so it can become collaborative. If we screw up, someone should call us out and take that position from us. That is healthy and proper governance. I want to get out of the mindset that it's "our" project. It's your project. As soon as it's public after testing, you can come and work on the code and become respected and established in the community based on your merit, not based on anything else. To me that's a fair system - none of us are anything else than people interested in this technology. We fill our positions on that basis - we get done what needs doing to get it up and running. Yeah, sure, we've put years of effort into it - but that's that, we do it as individuals because we love it. Anyone can come work on this. That's the system the project wants, and we'll all stand by that personally too. We'll also defend that philosophy as I am trying to do for you now.

(I'm going to split my response to you so I don't write essays in one post, so give me a sec so I can write it - I'm doing this in real-time and there's a lot to address here!)
member
Activity: 97
Merit: 10
After read this I have too say I am truly excited about this. I think it's just amazing that someone is creating a crypto-currency that EVERYONE has a say and vote that matter's for the future of the project. It give's power to the people. And nothing is greater than that.. Very exciting project!
newbie
Activity: 4
Merit: 0
Created an account (finally) just to follow this.  Looks really interesting!

Reserved.

  Grin Grin same here this is very exciting! Im interested in making this a viable medium of transfer of fiat especially in Africa. I'm thinking cross country. How Do I get in touch with the developers?
hero member
Activity: 829
Merit: 1000
Well, it look interesting, but...
I'm not sure that 8% premine - 4% for development and 4% for airdrop plus 10% allocation from each block for further development is the right way.
Also 0.49$ per coin is like seting ICO price for premine and by saying "...all coins owned by developers will either be purchased at a rate of USD 0.49 per coin from their own pockets or exchanged for work" you basically presented closed ICO.
Anyway we'll see how this will turn out. All negative things we saw in crypto system joined together maybe can give something positive but I guess only time will tell.
Should be interesting to participate.
Watching!
legendary
Activity: 2124
Merit: 1013
K-ing®
vip
Activity: 1428
Merit: 1145
Gleb, I need to photoshop you an award that says World Record Holding Inspector Gadget Of The Interwebz Tongue

I'll settle for the Pakled We-Look-For-Things Mother Ship.

@gleb, pls inform me if this coin is good Huh  i still dont get it...

I have no idea if the coin is good or not. I'm just connecting the dots as to who the guys are running it, for it's obvious they've left off a few details, including tacotime's real connection, of which I'm giving him a chance to fess up.
legendary
Activity: 1456
Merit: 1000
Gleb, I need to photoshop you an award that says World Record Holding Inspector Gadget Of The Interwebz Tongue

I'll settle for the Pakled We-Look-For-Things Mother Ship.

@gleb, pls inform me if this coin is good Huh  i still dont get it...
vip
Activity: 1428
Merit: 1145
Gleb, I need to photoshop you an award that says World Record Holding Inspector Gadget Of The Interwebz Tongue

I'll settle for the Pakled We-Look-For-Things Mother Ship.
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