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Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 87. (Read 1201397 times)

sr. member
Activity: 896
Merit: 289
Twitter: @BTY_11073
I came to this thread for a long time.
Currently DCR seems to aim for the moon...
newbie
Activity: 17
Merit: 1
You can see chart Decred on PumpSignal http://www.*****coinbot.me/PumpSignal.rar

Win32.Trojan.WisdomEyes.16070401.9500.9898
legendary
Activity: 2898
Merit: 1823
November News Round-up

https://medium.com/decred/november-news-round-up-87c20de5d281
Yet again, it’s been another busy few months for Decred! In the wake of the Atomic Swap release we’ve had several new developers jump aboard, three new exchange listings, a growing presence at conferences and events, and a new Decred community YouTube show. We’ve also had the release of the new Decred website, the start and end of the Lightning Network activation vote, the unveiling of the Politeia platform, and the news that ASICs will be coming to Decred! Furthermore, I’m pleased to announce that due to an increase in staking participation the circulating supply of Decred has officially dropped over the last two months!

Thanks for posting. I want to know how far ahead is Decred in releasing its own implementation of the Lightning Network compared to Bitcoin?

I am a believer of Lightning and offchain as the only solution to scale cryptocurrencies. The first coin to do it will profusely reward its investors in my opinion.
sr. member
Activity: 882
Merit: 252
By the way has anyone ever bought a  "NEW" ASIC?

Have fun with your used toy  Wink
I had two Butterfly Labs ASICs for Bitcoin once. Unfortunately they arrived 6 months later than planned so when I got them they were almost obsolete. Sold them to a another guy two weeks later after mining with them
sr. member
Activity: 506
Merit: 252
By the way has anyone ever bought a  "NEW" ASIC?

Have fun with your used toy  Wink
full member
Activity: 542
Merit: 102
November News Round-up

https://medium.com/decred/november-news-round-up-87c20de5d281
Yet again, it’s been another busy few months for Decred! In the wake of the Atomic Swap release we’ve had several new developers jump aboard, three new exchange listings, a growing presence at conferences and events, and a new Decred community YouTube show. We’ve also had the release of the new Decred website, the start and end of the Lightning Network activation vote, the unveiling of the Politeia platform, and the news that ASICs will be coming to Decred! Furthermore, I’m pleased to announce that due to an increase in staking participation the circulating supply of Decred has officially dropped over the last two months!
sr. member
Activity: 409
Merit: 250

In long run, it obviously had a positive impact. BTC is one of the most secure chains.

Take a read here, it's a nice analysis: https://www.reddit.com/r/decred/comments/7dedss/asics_or/dpx7ggq/

davecgh's answer was rather detailed and thoughtful. I mostly aggree with the thoughts. The only problem that can surface with asics is sokething similar to bitcoin's situstion. Miners and asic makers are mostly in china. First things like these couldn't be a problem but after these (possible) miners acquire a large enough voting power, those miners can collaborate in voting and steer the currency into the direction to their liking. But by the time they will be released, about 38% of the total DCR amount will be already mined.

Voting power is given to stakers, ie holders of the coin.
Those Chinese miners just mine for profit and sell, they don't care about holding and certainly not voting either.

Of course, if some of those asic miners want to hold, that means they care about the coin and should rightfully vote, no matter where they are from.


BTW, I wouldn't bet on a high correlation between asics and coin price. I think for bitcoin it was a coincidence. It was going to go up regardless. And then it also fell hard early 2014 again regardless of asics.

Asics did nothing for the price of litecoin for example
sr. member
Activity: 322
Merit: 250
Have you seen this project, Bitcoin PoSW? Someone stealing Decred idea/code again without giving any credit to the Decred project.

https://bitcointalksearch.org/topic/ann-fork-bitcoin-posw-bitcoin-proof-of-stake-proof-of-work-hybrid-btsw-2424100
sr. member
Activity: 434
Merit: 257

In long run, it obviously had a positive impact. BTC is one of the most secure chains.

Take a read here, it's a nice analysis: https://www.reddit.com/r/decred/comments/7dedss/asics_or/dpx7ggq/

davecgh's answer was rather detailed and thoughtful. I mostly aggree with the thoughts. The only problem that can surface with asics is sokething similar to bitcoin's situstion. Miners and asic makers are mostly in china. First things like these couldn't be a problem but after these (possible) miners acquire a large enough voting power, those miners can collaborate in voting and steer the currency into the direction to their liking. But by the time they will be released, about 38% of the total DCR amount will be already mined.
legendary
Activity: 1164
Merit: 1010

How can Asics be created in a "decentralized way" if not all people can become manufacturers or if the manufacturers do not have the same access to the raw materials needed make them?

For a network that aims to leverage the miners by having the coin holders have voting power, they sure are trying to settle the issue outside the network.

A change in the mining algorithm is not a "power move" if the community is in consensus.

That scenario is years and years into the future. IMO, decentralized doesn't require "all", just a subset. Obviously, the larger the subset, the higher the degree of decentralization. Still though, even a small number like 100 is 100x more than 1.

It could be considered a "power move" in that its purpose would be solely to obsolete the current asics in production/in the field (especially knowing it's only a delay, not a solution). Reminiscent of when Ethereum hf'd to rollback the DAO hack (even though [majority] community consensus was there).
legendary
Activity: 2898
Merit: 1823

How can Asics be created in a "decentralized way" if not all people can become manufacturers or if the manufacturers do not have the same access to the raw materials needed make them?

For a network that aims to leverage the miners by having the coin holders have voting power, they sure are trying to settle the issue outside the network.

A change in the mining algorithm is not a "power move" if the community is in consensus.
hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
Any news from dev team ? I would like to invest.

"invest" in the premined coins with zero accountability? :\  for being a hero member you sound retarded<<<
newbie
Activity: 42
Merit: 0
I added Decred to the Cheddur app (https://www.cheddur.com/)! This will help new users learn about Decred and join the community. Cheddur allows us to link wallets, exchanges, and other services that support DCR tokens so that new users can easily get started. You can also review the project and post your DCR addresses on your profile to receive tips / payments / donations in DCR Smiley

Can others from the community please review the profile for quality and help add supported services? The more active the Decred profile is (via user reviews and addresses), the higher it ranks in search results and the more likely newcomers are to discover the Decred project!

Screenshots: https://imgur.com/a/3BDoi

https://i.imgur.com/FG0E9M5.jpg
member
Activity: 124
Merit: 10
Presale starts on 28th of April!
Is the Obelisk Asic miner the only one who will come out in the near future? Because I see there some red flags and do not want preorder.
legendary
Activity: 1164
Merit: 1010
Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?
In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.

I wasn't in the cryptospace when bitcoin asics were introduced, I don't even know when was it. What effects did that have on the price? Anyone remembers? Afaik the Baikal miners for DASH are a bit newer things, what effect did those have?

Btw asics are not good for decentralization... The one cpu, one vote principle gets hurted by that.

In long run, it obviously had a positive impact. BTC is one of the most secure chains.

Take a read here, it's a nice analysis: https://www.reddit.com/r/decred/comments/7dedss/asics_or/dpx7ggq/
sr. member
Activity: 434
Merit: 257
Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?
In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.

I wasn't in the cryptospace when bitcoin asics were introduced, I don't even know when was it. What effects did that have on the price? Anyone remembers? Afaik the Baikal miners for DASH are a bit newer things, what effect did those have?

Btw asics are not good for decentralization... The one cpu, one vote principle gets hurted by that.
legendary
Activity: 1932
Merit: 1005
i just ordered 1 dcr-1 , i remember other coins and what it did with the price when graphic cards mining changed to ASIC , mostly price go up , so in 6/7 months we will meet our new familymember
legendary
Activity: 1164
Merit: 1010
Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?
In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.

Come now, that's just a guess; speculation.

Just as easy, the story could go: entering the market of powerful ASIC-miners in mid-2018 will have a positive impact on the cost of the DCR. The price will rise, because it would be even more profitable for the owners of the ASIC miners to stake their DCR, thus keeping circulating supply low.

Else, increased security of the chain increases investor confidence, causing the price to rise.  Roll Eyes
sr. member
Activity: 588
Merit: 262
Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?
In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.
newbie
Activity: 51
Merit: 0
Make sure you guys check out the two projects developing ASICs for Decred. They're doing AMAs on Reddit at present. Lots of great comments and information so you can do your own research if you're interested in what they're doing:


Are the developers of Decred encouraging the manufacture of Asics for DCR? Wouldn't that be bad for the coin's decentralized nature, considering that not all miners will have access to them. Why follow Bitcoin's path in giving the Asic manufacturers/miners more power?
I see how the developers of Decred make the likes and retweets messages of these guys in Twitter, I think it means that they support these projects.
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