I'm proud to announce a new era in the Decred Proof-of-Stake mining. Now the PoS will be as easy as a transfer from exchange to the Evolution wallet here: https://evolution.dcrstats.com You can keep your funds in our wallet and use them both for manual ticket purchasing whenever you want or for automatic PoS-mining. It's the best choice for new investors since now you don't need to install or configure anything. You can just buy some DCR and start receiving your +5-10% per month from the PoS-mining in the Dcrstats Evolution Fund. We have also a great bonus for those, who will join the Fund during initial seeding phase (2 weeks: 16 Nov - 30 Nov). We will issue free ETH-based tokens for you and you will have a share of the 2.5% service fee. Yep, additional profit for early birds. You will be also able to sell your tokens in our Dcrstats Exchange. Use this service at your own risk. In the case of total disaster your spendable coins can be stolen by hackers. PLEASE DON'T USE THIS SERVICE AS YOUR PRIVATE WALLET. TRY TO KEEP A VERY LITTLE AMOUNT OF SPENDABLE COINS IN THE "EVOLUTION" WALLET. ALL YOUR COINS MUST BE LOCKED. YOU SHOULD EITHER ALWAYS INVEST UP TO 100% COINS IN TICKETS, OR WITHDRAW / AUTO-WITHDRAW ALL SPENDABLE COINS TO YOUR PRIVATE WALLET.
This is an Alpha release. The full service will be available on 30 November 2016. Feel free to report any bugs and ask questions here or via email: info@dcrstats.com
"We will issue free ETH-based tokens for you and you will have a share of the 2.5% service fee" So service fee along with the normal pool fee? And how much will be service fee account to, and how much part of it will approx. each user get?
There is a regular stake pool fee of 5% per ticket ( ~ 0.08 DCR ). The fund itself has the additional fee of 2.5% for those, who wants to use it for automatic PoS mining. All investors, who will join the fund in first 2 weeks will receive tokens proportionally to their contribution to the fund. With the max supply of 1000 EFT, 1 token will give you a profit: 2.5% / 100 * 1 EFT / 1000 = 0.000025 of ticket reward, or 0.00004 DCR. Total amount of 1000 EFT will receive the 100% of Evolution Fund profit 1000 * 0.00004 DCR = 0.04 DCR from every ticket voted in the fund. Try to calculate 2.5% of total supply in the pool, to understand numbers better Of couese, these tokens are free and you will be able to sell them in the exchange if you don't want to keep a share in the fund anymore.
Hi Guys Anyone can explain with more details about this EFT ? Q: Why do I want to participate in the seeding phase? All investors of the seeding phase will receive Evolution Fund Tokens (eth-based token). We will pay dividends from the fund fees to all token holders (yep, additional profit to your PoS). You will be also able to sell your tokens in the Dcrstats Exchange. It will be simmilar to the Decred Airdrop for early supporters, but we will not have any 'dev premine'. All 100% of the tokens will go to our investors for free. Q: Is there any additional fee of the Evolution Fund? Yes, fund will charge a 2.5% fee from the vote reward (~ 0.04 DCR / ticket) of every user, which will be distributed between all token holders (seeding phase investors or those who bought token later in Exchange). Q: Can I invest my funds after the initial seeding phase? Yes, of course. Our fund will be open forever for every investor. But we will distribute tokens only to investors, who will make deposit before the end of the initial seeding phase. Q: How will you distribute Evolution Fund Tokens? We will deploy a smart-contract in the Ethereum Network, which will distribute the max supply of 1000 EFT proportionally between all seeding phase investors. Q: How much 1 EFT will cost in the Dcrstats Exchange? Market will decide this based on the success of all Evolution Fund projects.
"We will pay dividends from the fund fees to all token holders (yep, additional profit to your PoS)." May i gain this dividends only sending my DECRED's to plataform ? I have my personal VPS PoS, i dont will use stake pool.but i'm interesting with this dividends
Yes, you can. But please notice, that you can withdraw only spendable coins. So, you will have to wait until your tickets will vote and only after this you can withdraw your DCR + your vote rewards + your tokens (tokens will be assigned to the eth address of your choice).
@Dyrk Why do you need to couple it to ETH when Decred is an alternative to that ? These dependencies do not sound good.
I will be happy to move those tokens into Decred, when devs will introduce smart contracts in Decred.
@Dyrk - I admire the effort you have put into this and it looks like it will probably be a really successful venture, but I'm sorry to say I would never use a service like this. It's nothing personal against you - it's nothing to do with the developers or operators at all - its purely the principal of handing control of funds over to a third party. In my eyes you are essentially operating as a bank and I don't see that being conducive to the cryptocurrency ethos. I encourage you to highlight very clearly the risks associated with using this service so the users know exactly what they are getting themselves in to. I haven't noticed any warnings on your homepage. To reiterate - we've worked together and I trust you, I respect the effort you are putting into the progress of Decred and I wish you the best with this experiment.
@Jamie Holdstock thank you for the feedback I will add more warnings for investors next days. I think that the best place for this is a Deposit page in the user profile. So, investors can always see the risk when they send a new transfer. I believe in this project, because as you know current Decred supply is already close to 4,000,000 DCR. While only 1.3M coins (34%) participating in the Proof-of-Stake mining. So, I've decided to build this project to give an opportunity for the rest 2.7M coins to join the staking as well I hope in next months we will see much more new PoS miners in Decred, especially those, who were keeping their coins in the Exchange wallet all this time (see the Distribution graph here: https://www.bittrex.com/Market/Index?MarketName=BTC-DCR and I think Polo has much more coins).
Hey! The BETA test of the Dcrstats Evolution is going very well Today we will start buying the first bunch of tickets. The first big update has been deployed to the production server. Security Page: - now you can enable 2-factor authorization. This code will be needed for authorization and withdrawal requests. - now you can track your auth sessions: Datetime, IP, Device - now you can logout in 1 click from all devices (if you see something suspicious in the log)
Luckily the mass trust the banking system. I'll add 100DCR, and create an article on Facebook about it... The mass definitely needs a shepherd! Thanks Dyrk
Good news again Yesterday platform successfully purchased the first bunch of 371 tickets / 27.41 DCR each. So, already today we will probably have first votes. Of course, all the profit of BETA testers will be counted as their deposit as well. (eg: you invested 1000 DCR on 16 Nov and you mined in this platform + 20 DCR during the beta test. So, your total investment is ~ 1000 + 20 = 1020 DCR.
Deposit page has been updated. Now you can see your total, spendable and locked balance. Before it was spendable only. There is still a little issue with the pending balance for voted tickets. If you have some voted ticket with the funds, which should be unlocked after 256 blocks, you cannot yet see it neither as spendable, nor as locked. I'm trying to find the best solution how to display also these pending coins. Please let me know if something is wrong or if you have any questions. PS: we have purchased already almost 1000 tickets. Your personal stats are coming very soon
Another big update of the platform Now Tickets page is live. - you can choose your vote bits: "Pool Policy", "Disallow All Blocks", "Allow All Blocks" - you can choose your Mining Mode: "100% auto", "Auto with custom settings", "Manual mode" - you can set your Max Ticket Price, Max Ticket Fee and Max Tx Fee if you are using the mode: "Auto with custom settings" Also, now you can see your balance on every page. Stay tuned, the personal mining statistic (Dashboard page) is coming very soon
@Dyrk: Glad to see you're continuing to develop things! One comment I had is that I personally don't think it really makes much sense to "Disallow/Allow All Blocks". The intent of voting on the previous block is to allow stake holders to ensure miners aren't violating desired policy by doing things like consistently mining blocks with zero transactions in them when there are thousands of outstanding transactions in the mempool, or not including 20 stake tickets when there are a thousand of them oustanding, etc. If you still want to provide the option, I would highly suggest that you include some very strong language that categorically discourages a blanket deny policy. Keep in mind that voting "no" to the previous block costs PoW miners money because it reduces the subsidy. It is wholly unfair to punish them if they aren't violating majority policy. A blanket deny policy would do just that. EDIT: To clarify, I was mistaken about the voting "no" costing the PoW miners money. I was thinking of the subsidy reduction from not voting at all (as in missing the vote) as opposed to a simple "no" vote which does not reduce subsidy.
@davecgh thank you for explanations. I will update the vote bits block as soon as decred software will be ready for real votings. As for "Disallow All Blocks", you will be surprised, but some users require exactly this feature and they want to destroy as many blocks as they can (well, only 1-2% of them really use it also in the stake pool). They are afraid of huge emission (in next 4 months there will be mined ~ +1,000,000 coins) and constantly falling exchange rate. So, in this case, the "Disallow All Blocks" strategy is their way to say to developers team "Please change subsidy algorithm". I do agree that from one side it sounds not very healthy for the network, but from another side they use PoS exactly for what it was designed. Maybe, when there will be a fork with 15 dcr / block reward, they will switch vote bits back to "yes". PS: I will talk to devs about the platform / mechanism, where any stake holder can submit his proposal for voting (in Dash you should pay 5 Dash ~ 50$ for each submission - a very good spam filter). Because right now the only way to hear community is to read every post and thread on many crypto forums / blogs / communities
As I said before... One guy could find enough potential investors a day to maintain the price even make it rise We need that guy
Everyone I know who is interested in Decred feels this way. The emission rate of new coins is the biggest risk to the Decred's future in my opinion.