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Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network - page 88. (Read 1201764 times)

hero member
Activity: 1848
Merit: 640
*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.
newbie
Activity: 15
Merit: 0

Despite the drawbacks to Asic mining, it's pretty clear the pros outweigh the cons. .

I decided to go ahead and pre order an obelisk machine - decentralising PoW for now can only be a good thing - though with most of the PoW hashing power being from the dual mining now , I supposed it will be a contraction really - but if the price rises then more people will invest in asics

and I would expect that the majority of the coins mined will be staked as people hold

any progress for DCR to become used in transactions will only help the price - I hope the devs are interacting with openbazaar

full member
Activity: 280
Merit: 100
N-Engine Multi Pool Server

DECRED is still on our pool!

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hero member
Activity: 691
Merit: 500
Any news from dev team ? I would like to invest.
legendary
Activity: 1164
Merit: 1010

Nobody can really stop the development of ASICs,

what sort of fork would be required to make the proposed ASICs useless ? how radical would the change have to be ?

I am thinking about purchasing an ASIC but the idea that it could be easily rendered useless makes me unsure

It would mean an algo change for PoW. Not so trivial, but not the most daunting change.

Despite the drawbacks to Asic mining, it's pretty clear the pros outweigh the cons. Most sensible people come to the same decision. I'd would be VERY surprised if stakeholders were to vote to fork the PoW algo.
newbie
Activity: 15
Merit: 0

Nobody can really stop the development of ASICs,

what sort of fork would be required to make the proposed ASICs useless ? how radical would the change have to be ?

I am thinking about purchasing an ASIC but the idea that it could be easily rendered useless makes me unsure
sr. member
Activity: 882
Merit: 252
Decred is just a cool coin with voting built in. In my opinion a unique coin
member
Activity: 109
Merit: 10
Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?
sr. member
Activity: 452
Merit: 251
The POW miners get 60% of EACH block. ASIC = centralization (a fact proven by BTC Warehouse farms)

So everyone is ok now that 60% of each block is shared to less people. Wow great thinking going on here.
Does this make sense to anyone?

This issue is by far way more crucial than any of the other points you bring up.
THIS really should be your number 1 concern.



LET US GOD DAMN VOTE!!! Where is my/our stake power to vote about this stuff.

I fear the ASIC miner but my voting power isn't even considered...


--------------------------


ASICs can be developed for any code (just a matter of cost), but the code can be changed and forked.

Ah, didn't I read somewhere that Decred is all about embracing hard forks and voting them in or not?


--------------------------


BTW I am not even against ASICs, I actually embrace them. The solution can be a multi algorithm POW system.

See? Is it so difficult to understand this one aspect of decentralization?

So will it be DEcred or CEcred?

If you're a stakeholder in Decred, you should put forward your arguments on the the off-chain voting infrastructure when it's up and running (Politeia or Pi for short). It's blockchain-anchored and censorship-resistant, so you can be sure it'll be heard and the other stakeholders will be able to vote on the issue. That really is the best way to resolve disputes that aren't clear-cut. As mentioned in this thread, Politeia is currently undergoing rigorous development and testing.
legendary
Activity: 2165
Merit: 1002
Between the current gpu dual mining situation and asics, I believe asics are the lesser evil. Dual mining was bad for decred and led to dumping.

I don't think anyone is ecstatic about them, but really, no reason to fret either, especially when they only account for 60% of the coin generation.

And I don't like the idea of hardforking everytime an algorithm gets asic support. But sure, let's do votes, that's the strong point of this coin anyway.
legendary
Activity: 2898
Merit: 1823
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 can't speak for the developers (the dev contributors are a massive team at this stage), but I've seen the argument put forward that DCR is being dual mined as a default secondary coin, which naturally infers that it's not cared for as much. Those who purchase ASIC miners are more inclined to care for the well-being of Decred as a project. I personally think ASIC fears are misplaced, as I'd be far more concerned about the centralisation of mining pools.

Nobody can really stop the development of ASICs, so the fact that they're available for sale to the community/public as opposed to a private group is great to see. However, if they do become abusive to the network (as some suggest dual mining has become), Decred's stakeholders can remedy the situation with ease. I'd argue we should experiment often and try things, so we can collect data and make informed decisions after trying it.

Don't fear the miner when the stake is power.

But the centralization of power does not only cumulate on the mining pools or the mining farms, they also cumulate on the manufacturers of Asics too. Has no one learned from the mistakes of Bitcoin yet? Jihan Wu has built an empire for himself because the miners depend on his chips to keep their mining operations running.

I believe Decred should avoid its own Jihan Wu.
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