Decred Magazine

Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. 

Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty. 

Decred and the state of the market is brought to you by @Exitus and @DecredSociety and aims to look at current social, economic, and crypto news and how it relates to Decred. This time, we’ll be talking about the proposed consensus upgrade and Bison Relay. In this episode, we’re joins be special guests Jake Yocom-Piatt and Dave Collins.

Just short of a year ago, Decred changed its subsidy split to reduce the miner reward, with the aim of removing the malicious miner behaviour witnessed on-chain. This action has gone a long way to addressing the issue, but although reduced, the pattern of dumping coins to prevent price realisation has continued.

For this reason, a new proposal is up for discussion and voting. Firstly to reduce the miner reward further and secondly to introduce a new mining algorithm.

Bison Relay is sculpting the landscape for the next generation of internet applications – including content delivery, social media and communication.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury. 

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.    

Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. 

You acquire influence in Decred by putting “skin in the game”. Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty. 

As the scope of the multi-wallet functionality expands, so does its target audience. For this reason, discussion has started around giving DCRDEX a name change to make the product more inclusive to the cryptocurrency space at large. One possibility that’s being considered, is to rename the client to BisonWallet, and the exchange network to BisonEx.

With so much development, it’s hard not to be enthusiastic about the project's future. After 7 years of active production, Decred continues to build some of the most innovative, permissionless, decentralised, non-custodial tech in the space.

DCRDEX, although built by Decred, doesn't require Decred to use the exchange. DCRDEX is a peer to peer decentralised exchange that aims to remove the middle man.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Twitter Space hosted by Tivra @WasPraxis to discuss living off crypto with Joel Valenzuela @TheDesertLynx. Joel has been living off crypto for the past few years and in this show he discusses how he makes this work.

Twitter Space topics include:

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

By now, we all know that Decred has some pretty remarkable tech that’s pushing the boundaries of what an open-source blockchain can do. Since my early days of learning about Decred, there was one piece of tech that genuinely interested me, and that was timestamping. Coming from a music production background, where each new production goes through multiple copy protection procedures. I could see this tool filling the gap and giving a convenient, and affordable way of protecting original content.  

Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”.

Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.

Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.

In this show, we’re exploring the fast-paced world of crypto. New opportunities and the growing world of value extraction and market manipulation in 2023. https://www.decredmagazine.com/decred-roundtable-the-next-crypto-craze/ 

Decred and the State Of The Market is brought to you by @Exitus and @DecredSociety and aims to look at current social, economic, and crypto news and how it relates to Decred. This time, we’re joined by community members Tivra, DCRJay and Motorsport Proposal owner Laurent De Coninck.

What could be the next crypto craze, will it be cute monkey pictures on the blockchain or buying crystal meth on DNMs? Is the wonderful world of crypto suspended between these two extremes!

As said previously, Bison Relay has a built-in payment system that allows for peer to peer payments and transmission payments (gas fees). It may seem unusual that a sovereign internet / social media platform would charge usage fees to participate and interact, but this acts as both a privacy and a bad actor prevention mechanism.  

Fee and transaction types: 

Decred News for December 2022 was a huge month for the evolution of the platform - Bison Relay P2P Chat + Social Media on Lightning is here! Big Dev updates!

Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”.

Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.

The concept of cross-chain atomic transfers was proposed in 2013 and has taken tremendous effort to realise the capabilities of this technology. One of the first breakthroughs came In 2017 when Decred conducted the first atomic swap between Decred DCR and Litecoin (LTC).  Decred has taken atomic swap technology from a single swap concept to a full trading experience with DCRDEX. 

These fulfilled goals have taken the crypto space by surprise, to the point, that most are still sceptical as to its success and legitimacy. But if you've watched this video series to this point you've seen for yourself how far the DCRDEX project has come.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

I can tell you until I’m blue in the face how great DCRDEX is but, It all means nothing until you see the process, and then try it for yourself. With this in mind, we’re going to complete a trade from DCR to BTC using Decred’s Peer to Peer exchange DCRDEX.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Decred and the State Of The Market is brought to you by @Exitus and @DecredSociety and aims to look at current social, economic and crypto news and how it relates to Decred. This time, we are joined by four community members The Unruggable (DCR Uncle), Ronnie Amato, DCR_h3la and C12 to talk about all things Decred and the crypto space.

This month in the world of Decred, Brazil's future President uses our time-stamping, LTC Markets on DEX, and Dcrd v1.7.5

Once you are all setup with DCRDEX and your wallets are populated with coins, the bulk of what comes next is on the markets page. Let's have a look at setting up a trade.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Let’s take a first look at DCRDEX and do an overview of the layout for the platform. To start, let’s open Decrediton. I’m using Decrediton with SPV mode disabled. It generally takes longer to complete the initial blockchain sync, but it does mean that I’m validating the Decred blockchain information myself without relying on a third-party service.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

DCRDEX P2P exchange using Atomic Swap Technology is HERE!.  QUICK NOTE:  Not all exchanges are built equal!  DCRDEX, is a first of a kind, Peer to peer permissionless exchange. Decred is the only network building tools for a peer to peer environment.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Why does Decred need its own exchange? In Decred’s case peer to peer cash was just the starting point, this idea must evolve, to be better than what came before. Custodial / rent seeking services must be removed from every part of the system. A cryptocurrency must be able to seamlessly integrate and operate throughout the full ecosystem. The result should be a fluent experience for the user, to the point that transacting with peer to peer cash will be a better, more versatile experience for all participants. 

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Welcome to another decred recap there's so much going on in the decred project. Development wise let's dive right into it dcr dex, privacy and trustless trading powered by atomic swaps ...

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules.

Decred and the state Of the market is brought to you by @Exitus and @DecredSociety and aims to look at current social, economic, and crypto news and how it relates to Decred. This time, we are joined by three community members Tivra @WasPraxis, Ronnie Amato @MadScrillal and DCR_h3la @h3lal to talk about all things Decred and the crypto space.

On Saturday 8th, of May 2021 at block 552,448 Decred passed a vote to introduce a new Treasury Spending rule, where stakeholders vote to approve how funds are spent. This is yet another milestone in Decred's history, making it increasing more decentralised. Giving the final say to the stakeholders effectively creates a system of checks to make sure all parties and individuals are acting in accordance with their proposals’ budget and productive output. 

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Decred’s treasury is just one of the elements making the project unique in the cryptocurrency space and the wider financial world. It’s a layer 1 DAO (Decentralised Autonomous Organisation) which was built as part of the project, from the very beginning and improved to become more decentralised along the way. 

This contrasts with many other so-called DAOs which are either after thoughts, add-ons or a new project built on top of an existing one. The third option is the most common, probably because it’s the easiest to build, fund, promote and initiate. Unfortunately, the majority of DAOs are actually very centralised and the name has been miss represented, so often it now has little meaning. 

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Decred and the State Of The Market is brought to you by @Exitus and @DecredSociety and aims to look at current social, economic and crypto news and how it relates to Decred. This time we are joined by DCRDEX and tinydecred developer buck54321.  

Welcome to another decred recap there's so much going on in the decred project. Development wise let's dive right into it dcr dex, privacy and trustless trading powered by atomic swaps ...

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules.

In this episode, we’ll look at several items from the DCRDATA menu bar, which can be useful but are all too often overlooked, specifically we’ll look at the Cost to attack calculator, chain parameters and agendas. 

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Decred has an expanding development and community base, in this months news recap we look at some of these activities including Decred's First DAO Payout with the new rules, DEX Solidity Contract Audit, Mixing all time highs & so much More!

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules.

Brought to you by @Exitus @DecredSociety and Jake Yocom-Piatt. The show aims to look at current social, economic and crypto news and how it relates to Decred.

Block explorers offer a wealth of information, and DCRDATA is leaps and bounds above even the most popular explorers. There is still more to cover and in real terms we’ve only just scratched the surface, but this is a good point in our journey to say, comparing data is vital to understanding.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

The DCRDATA charts that we’ve looked at to this point demonstrate how the project is performing and how the security is holding up. It’s also fair to say these charts can demonstrate the conviction of the coin holders.

But what we’re interested in, for this video, is growth and adoption and whether the chain is seeing a general increase in transactions. Decred has several kinds of on-chain transactions we can look at, each tells a slightly different story of adoption or participation.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Brought to you by @Exitus @DecredSociety and Dave Collins. The show aims to look at current social, economic and crypto news and how it relates to Decred.

Decred’s proof of stake is the counter security mechanism to mitigate against potential miner bad behaviour. It’s also used as the governance mechanism for consensus changes and treasury spending.   In this video, we’ll focus on the POS charts and what the information is telling us about the prosperity of the chain. The charts we’ll focus on include:  * Ticket price * Ticket Pool size * Ticket Pool value * and Stake Participation

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Hopefully, by now you’re getting a good understanding of how powerful a block explorer is and how DCRDATA is leading the way in pretty much every area compared to other block explorers.

As previously discovered, each block contains a massive amount of information. This information has been permanently stamped on the blockchain and can be accessed at any time. Individual blocks on their own will build a small picture of what’s happening on-chain, but when you put all the blocks together, the picture tells a much bigger and interesting story. 

Charts let you build impressions of performance, for now, the past and for the longevity of a project. let’s start by looking at the Proof of work charts found on DCRDATA and the stories they might be telling and what you might look out for as the data progresses.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Delving into an individual block and the data on offer. A staging point for this discussion is the open nature of on-chain transactions in comparison to the closed nature of traditional banking transactions.  By having no closed off values, all participates get the opportunity to make up their minds if Decred Is performing to their expectations before participating in the monetary system.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules.

Decred and the State Of The Market is brought to you by @Exitusdcr and @DecredSociety and aims to look at current social, economic and crypto news and how it relates to Decred.

On-chain data lets us move away from this centralised traditional finance model and lets the individual investigate the data for themselves. The block explorer is the primary way to understand how a blockchain is performing. Everything that happens on-chain is recorded, and the block explorer gives us access to this information in real time.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

The hard fork vs soft fork debate is shrouded in mystery and misinformation. In this video, we’ll examine some key points to these arguments and look at why Decred is working towards becoming the first blockchain to be hard fork only.

All software needs to be updated to fix issues, increase performance or improve security, and blockchain protocols are no different. In Blockchain, those upgrades are called forks and there are two main kinds of upgrade, soft fork or hard fork.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Decred and the State Of The Market is brought to you by @Exitus and @DecredSociety and aims to look at current social, economic and crypto news and how it relates to Decred.

On February 8th 2022, Decred turned six years old. In the first part of this tour, we looked back at the primary achievements of Decred in its first three years. In many respects these years outlined the ethos of the project and established the hardness of the protocol and the relentless determination and technical ability of the team. 

Decred is demonstrating its willingness to build at a slower pace than other projects with a resolve to getting things right and put the security of the project before all other aspects. 

As I mentioned before, Decred is taking a direction that no other cryptocurrency has been able to follow. A large part of this is due to its self funded nature with no external backers steering the direction of the project whilst pushing for short term gains.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

In this Decred News episode we look at what's been happening in the Decred network over the past month, including, the On-Chain Voting that is currently Underway. The latest updates for dcrd 1.7.1 and the Lightning Network Upgrades, The contriversial Subsidy Change a New Host! and a whole lot more ...

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules.  

February 8th 2022, Decred celebrated its 6th birthday. That’s 6 years of running nonstop and 6 years of live innovation happening directly on the network in real time. In this podcast, we’ll look at how Decred has pushed the boundaries of what is possible and how it’s taken a direction that no other cryptocurrency has been able to follow.  

To understand why Decred, we need to look at the basic premise for sound money, alongside the colossal one-sidedness of the current financial system.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Decred and the State Of The Market is brought to you by @Exitus and @DecredSociety and aims to look at current social, economic and crypto news and how it relates to Decred.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

January, is typically a point in time where we start anew. A new year with lots of new videos! Crypto and sound money projects like Decred were built to be a hedge against high inflation and other monetary manipulations. During 2021, we had a front row seat to all this craziness and 2022 is already proving to be no different.   

Join us on our journey through the economic and social landscape of modern society and the potential for a better future for all.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.  

Decred is fork resistant by design. Which means that only one chain will ever exist and every upgrade will have to pass a vote before being implemented on the network. Where an upgrade is not approved it will be rejected, never to be activated on the chain, bring a resolution to the process.  The ultimate goal for a fork resistant blockchain is - For everyone to be running the same version of the software, with the same rule set, with No contentious hard forks, No inflating of the coin supply and ultimately the process should keep the community together. This enforces the philosophy of - What you signed up for is what you get!

By Design Decred is fork resistant and protects its self from contentious issues that could fracture the community.

The question: What’s the point in having a maximum supply of 21million if you can’t protect yourself against a contentious hard fork that will inflate the supply by creating a new project out of thin air!?

Decred’s interpretation and use of Proof of stake is unique to the project and is referred to as ticket voting. Rather than using POS as an independent security mechanism it’s used as a verification and governance mechanism which is arguably its original intended purpose. In this video we'll look at how Decred's ticket voting system works and how you can participate.  

The Decred project is renown for being forward thinking and exists because the evolution of blockchain is necessary. The team behind Decred believed in the fundamentals of what Bitcoin was aiming to achieve but were aware of future events that would be near impossible to solve under the current implementation.   The Decred team also realised early on, that there were massive trade offs with the two most popular forms of blockchain protocol. But if they could combine the two and mitigate against these downsides they would be able to build a system that is hyper secure and adaptable long into the future.

Decred and the future of blockchain security. You have to assume that as blockchain technology becomes more popular and valuable that various entities are going to want to attack the systems for large gains. If this technology becomes a true store of value or money you can guarantee that these attackers will become more sophisticated and organised. It’s for this reason you want to make sure the project is adaptable enough to protect its self over time. Decred fulfils this mission.

In this podcast, we look at how blockchain's proof of work security, solved the double spend problem and how this has formed the foundation of Decred's next generation innovation. The digital currency movement, and the projects included in this distinction were aiming to solve the problem of how to transfer money between peers without the need for a trusted third party. 

The process should also be completed in a reasonable short period of time with the assurance that the money was legitimate and hadn’t been mass-created by a centralised controlling party. To a degree these projects proved that creating a digital currency was possible but securing the system from a double spend attack was hard to achieve.

In a max supply project like Decred, time can be the great equaliser. Coin distribution in the first ten years can be a strong indicator on the long term outcome of whether the project will reach its goal of becoming predominantly decentralised.  

In this podcast, we look at one of the biggest goals set for any cryptocurrency, creating the worlds first truly decentralised treasury. Decred is making massive inroads on this development. In April 2021 a vote was passed too effectively create a two factor authentication process where no coin from the treasury can be spent until the DCR ticket holders have given their approval. 

This is a missive step forward to full decentralisation. With a current worth of over $100 million, these steps have to be taken with great caution.  

Privacy is yet another one of those elements of crypto currencies that is all too often dismissed as being unimportant. It's not until privacy is gone that you will need it the most. Decred has an elegant solution to privacy that makes it functional, easy to maintain and with high throughput all without the need for a third party service provider or custodian.  

A quote by Edward Snowden sums up privacy perfectly - “Arguing that you don’t care about the right to privacy because you have nothing to hide is no different than saying you don’t care about free speech because you have nothing to say.”  

Governance in the crypto space is akin to the elephant in the room. Everyone knows it's needed but few want to acknowledge how important it is or have the ability to build the infrastructure that could successfully implement a viable system. Without exception, projects and project leaders don't have the ability or foresight to look far into the future to prepare for unknown issues.

With good governance you hedge your bets and increase your chances of being able to improve and adapt long into the future.

One of the unique properties of a cryptocurrency is a fixed and maximum supply which is in complete contrast to what we have with our fiat currencies. Where supply is infinite and money printing has become more frequent over the last ten years. In this podcast we look at how Decred has positioned itself against other cryptocurrencies and the legacy monetary system.  

Decred Fundamentals is a new series that explores how Decred works and the ethos behind the project. In this first episode, we take a brief look at how Decred has evolved the original design of Bitcoin to include best in class governance.  

Decred is very very technical but as soon as you know what this thing does, you will switch everything! The intro for Decred Society.