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LordAjax The Voluntary
I don't get that either. Very confusing.

I've wondered that too. I've only done restart/new wallet option. New Account option - the notice there is clear a new blockchain tx separates the accounts. But just wondering abt new acct's integration in2 address generation, graphs/balances/history , parallel staking ? , etc.

I'm at work today and I had some firewall issues with Decredition before (very long download time for the blockchain). Is it safe to try the splitter (i.e. will it just not work when he can't connect or should I just wait until I'm back home)?

What do the movement of funds look like on the blockchain when using this?

Hodlon
Quick aside, I once made this graphic in an attempt to try to explain to a BCH big blocker what "linear scaling" actually meant. They were steadfast that increasing block size from 2mb to 32mb meant BCH was considered exponential scaling.

Exactly, we can "peg" offchain information into a blockchain and it is still immutable...similar to how Politeia and DCRTime work. Not everything in Politeia goes onchain...that would lead to bloat that other progects have. Not for Decred. By stamping a minimal time based hash of the relevant info you can store massive amounts of data that are tied to the chain without bloating it. LN for scaling transactions. Politeia for scaling the vote/proposal side of governance. Splitting and other solutions for scaling the vote/user side of governance.

Is this the main reason behind keeping tickets to 4.9k, as opposed to keeping price static and ticket pool dynamic? How much data does a ticket actually take up on the blockchain?

Thibaut
I wish I understood this too 😁. I thought tickets simply voted to accept a mined block. Need to dive in this stuff

Tickets will ultimately be our course for democracy. and the size of blockchain bloat should probably stay relevant to the number of citizen-stakers in the real world. so over time adjustments to retain efficiency, also to achieve price relevance in next-block realtime. ticket splitting as it stands looks like it is performing two things: 20x scaling of concerned and invested citizens, and scale-OUT of invested citizens to less financially capable. The idea that (@current DCR price) $250 usd can get you into a ~15% AYP, financial tool is remarkable. This extends the financially incentivised democracy much farther into the planets population. Truly remarkable. Gratitude.

Graham Hill
hey @oregonisaac, I tried installing the latest Decrediton on a mac mini, and I've been stuck on "finalizing setup" for hours now. I'm trying to open my airdrop wallet. any ideas?

Hey @grahamxyz I just got back from a week long silent retreat. I wonder if you were downloading the blockchain? Internet connection problem? Not sure... still an issue?

I was just sharing my experience, and assuming the average beta tester has some knowledge about averages on blockchains.

So you want to fork the Decred blockchain to a system with enough tickets that all owners regardless of stake size can own their own ticket?

the decred blockchain will always contain enough stakepool to account for its market cap, or it will lose identity, get it?

There is a cost to every increase of votes in blockchain size and overhead...there is a lot of discussion on this over the past 2.5 years. The decisions were made based on a number of factors. I can send you some videos and links if interested. PI supports forks...non-contensioius forks that do not create chain splits.

So in the main system which ticket is selected during any voting cycle is random...a small percentage...and with ticket splitting as currently designed which portion of the ticket that is split that gets to vote is selected at random...a small precentage (actuually just a single spot) which my understanding was Mathuesd's way of trying to honor the same power of governance at a smaller scale with minimal blockchain cost.

The key was maximizing participation while minimizing overhead (Blockchain cost).

Here are a few basics: -decred project was founded by people who believe in creating a LONG TERM stable blockchain which means everything must be done in a way that does not create bloat so the blockchain size does not start growing faster than a small typical storage amount (to ensure decentralization is easy) -5 (the number of tickets in each block) is the best number for tickets for a few reasons as I understand it: 1) it creates a simple majority (3) that allows for errors when 1 ticket doesn't get included. 2) it is the smallest number that does so providing the least cost in terms of blockchain size -41000 (the number of tickets in the pool) allows for a ticket selection that averages at one month making PoS truly something at stake (temporary fund locking) without creating a situation where a ticket could lock for a very long time and ensuring a very low percentage does not have a chance to vote (0.05%) with the maximum time set at 5 months. -changing these numbers has an exponential effect on blockchain size and transaction processing costs as it impacts every block...it could be done...and people could vote on that...but as is obvious from these discussions some basic education needs to happen on the why and history and impact

Hey all, I was having some weird stuff happen earlier this morning but its all good. I'm a noob, and I just found a little button on the bottom left of Decrediton to 'Initiate a transaction rescan' which solved my issues. I was worried I somehow pulled off a double spend and broke the blockchain, haha. Anywho, just thought I'd update you all to my noobness

Cool, thanks! A good reminder that our local computers and hard drives (and cached copies of blockchain info) are fallible while the consensus based blockchain is (hopefully) not!

The largest participant of the split gets to "own" the ticket's vote when it comes to Politeia proposals. When it comes to Decred Change Proposals, it's a little bit different. The ticket owner is selected during the split session when the ticket gets funded, and it's a random drawing that is weighted by the amount of DCR you put in. So, statistically speaking, if you put in more DCR, you're more likely to get to own the ticket vote towards DCPs, which is also the vote that is recorded on the blockchain.

@mirelbecheanu plans on joining the session after converting from a SPV wallet to a full wallet. (That means he has to wait for Decrediton to download the blockchain). But I'm in the session with 1 other person now.

But for the time being: Each ticket has the ability to cast 2 different votes. One vote is recorded on the blockchain and this validates the previous block and votes for/against consensus changes (DCPs). This is the vote that you can select the preference for in your VSP pool account. The owner of this vote is randomly selected during the ticket splitting process and it is weighted based on the amount of DCR you contribute to the split. It functions like a raffle - more DCR contributed means you have a higher chance of winning the on-chain voting rights for this ticket. The other vote is for Politeia. This one is much simpler. Whoever contributes the most DCR to the split session gets to cast the Politeia vote for this ticket.

well.. blockchain syncing now..