Split-ticketing (aka partial staking) on Decred

in decred •  4 years ago 

Since the price of Decred tickets have gone up I have lost the ability to purchase a ticket to participate in staking and voting.
I know of the possibility of splitting tickets price between more than one voter since late 2018, but I couldn't find a reliable way to do it.

Lately I came across this post on the Decred: https://docs.decred.org/proof-of-stake/ticket-splitting/
It shows step by step how to set it up, that is the most reliable source, so I won't repeat what is said there, but just to show that it is simple (although not as it should), let me summarize it here:

  • You need Decrediton running (and you probably already do if you own any decred
  • You need to join a Pool which supports Vote Splitting (you can find a list on the tutorial)
  • You need to run one additional piece of software called splitticketbuyer
  • [Optional] You need to join a telegram channel where the public sessions are run (and you can check which is the active session by typing /now@ticketsplitting_bot) (this is actually optional, you can just check which sessions are active here: https://mainnet-split-tickets.matheusd.com/)

And that's it, leave it running until a ticket is purchased and wait for it to be selected for vote.

Basically, the idea behind it is that more voters participate in the purchase of a single ticket. The voting right will go to the biggest contributor for the ticket. By checking the latest session you can get an output like this:

f790a9803030fdd4f6cf14198b277d3a: [11.0 DCR, 37.0 DCR, 10.0 DCR]
Total: 58.0 DCR

which shows you which are current contributions to the next ticket.

Here: https://mainnet-split-tickets.matheusd.com/
you will find a list of the Vote Splitting Pools and the state of the current sessions.

Enjoy

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!