Proof-of-Work Mining Proof-of-Work Mining Overview. A common extension to the Bitcoin protocol modifies the consensus. System that we have named “Decred. *Decred (DCR) Mining on Nvidia with Getwork Over. Mining DCR (Decred) on Nvidia. LBRY Credits LBC Mining With Amd Gpu. Support with getwork over the stratum protocol along with the needed. Update: The Decred (DCR) mining pool at Suprnova (now also has a stratum enabled port that will work with this miner, so you can test it there as well if you are mining Decred with Nvidia GPUs.

Create account. • Register, or login if you already have account • Create a that will be used by the miner to login 2. Download a miner. • Intel/ATI/AMD BFGMiner Linux/Windows: • Fabulous Panda Miner Mac OS X: • Minerd CPU Miner Mac/Linux/Windows. Configure your miner. What Is A ZClassic ZCL Mining Contract here.

If your using Linux, Then type the following into the console:• CGMiner./cgminer -o stratum+tcp://stratum.decredpool.org:3333 -u Weblogin. WorkerName -p WorkerPassword• BFGMiner./bfgminer -o stratum+tcp://stratum.decredpool.org:3333 -u Weblogin. WorkerName -p WorkerPassword If you want to mine on a Windows Operating System, then you'll need to create a batch file to start your miner. Simply open notepad and then copy and paste the following:• CGMiner cgminer -o stratum+tcp://stratum.decredpool.org:3333 -u Weblogin. WorkerName -p WorkerPassword• BFGMiner bfgminer -o stratum+tcp://stratum.decredpool.org:3333 -u Weblogin.

WorkerName -p WorkerPassword• MinerD minerd -a -t 6 -s 4 -o stratum+tcp://stratum.decredpool.org:3333 -u Weblogin. WorkerName -p WorkerPassword You then need to change '-u Weblogin.Worker -p Worker password' to reflect your own account. Eg, '-u Steve.StevesWorker -p StevesWorkerPassword' then go to 'File >Save as' and save the file as 'RunMe.bat' in the same folder containing your miners application files. You are now ready to mine, double click on 'RunMe.bat' to start mining. If you want, you can create additional workers with usernames and passwords of your choice 4. Create a Decred address to receive payments.

• Downloading the client & block chain: Download the Decred client from. Generate a new address and input it on your account page to receive payments.

• • Getting Started Getting Started • • • • • • • • Wallets Wallets • Decrediton (GUI) Decrediton (GUI) • • • CLI Wallet CLI Wallet • • • • • • • • • Proof-of-Stake Mining Proof-of-Stake Mining • • • PoS FAQ PoS FAQ • • • • • • Proof-of-Work Mining Proof-of-Work Mining • • • • FAQ FAQ • • • • • • • Advanced Advanced • • • • • • • • • • • • Research Research • Overview Table of contents • • • • • • • • • • • Contributing Contributing • • • Guidelines Guidelines • • • About About • • • • Archive Archive • •. Overview Distributed timestamping protocols were first applied to decentralizing a financial network in the ground-breaking paper on Bitcoin by Nakamoto. The field has seen explosive research follow-up from both amateurs and professionals, competing to offer extensions, adjustments, improvements, and refinements of the existing protocol. Notable implementations of new ideas include Ethereum, which extended scripting, CryptoNote, which refined privacy, and Sidechains, which investigated two-way pegs with 1:1 Bitcoin tokens.

These protocols all utilize proof-of-work (PoW) as originally described in the Bitcoin whitepaper. A common extension to the Bitcoin protocol modifies the consensus mechanism to either completely or partially use proof-of-stake (PoS), or the use of one’s stake (tokens) rather than one’s computational power to participate in the timestamping process.

The first proof-of-stake blockchain based on the Bitcoin protocol was implemented in 2012 by King and Nadal, and includes both PoW and PoS that gradually skew towards complete PoS over time. Criticisms of pure PoS consensus systems have themselves been abundant, with the most vehement opposition coming from those working with purely PoW blockchains. The most common argument against PoS for distributed timestamping is “nothing-at-stake” or “costless simulation”, describing the systematic instability resulting from stakeholders being able to generate alternatively timestamped histories with no cost to themselves. Despite the controversy, it is apparent that systems with a PoS overlay dependent on a PoW timestamping system may be able to independently achieve consensus. This is mathematically explored by Bentov and colleagues in a paper on their scheme, proof-of-activity (PoA), and appears to be a viable extension to the PoW protocols that may enable some interesting new properties.

A similar design called MC2 was earlier proposed by Mackenzie in 2013. Here we describe the construction and implementation of a similar consensus system that we have named “Decred”. Research work in Decred is currently organized around the following subsections: • • • • • • • • • References.