Decredible

All things Decred.

Author: Noah

New on Reddit: Ask Me Anything

News from the Decred Subreddit! As you can read on this thread, there will be a weekly Ask Me Anything (AMA) with members of the Decred Team.

This initiative was launched to promote community involvement and to increase transparency of the Decred Project.

The first AMA will take place this Thursday (June 8th) with Lead developer Dave Collins, and several other members of the Decred Team.

Exchange Decred on ShapeShift.io

The major exchange service ShapeShift.io now supports Decred. ShapeShift can be used with any major digital currency pair. You can exchange currencies in under ten seconds, no account required.

This means it is easier than ever to get Decred.

 

Privacy and Smart Contract developers WANTED

Development work to complete the 2017 Decred Roadmap is happening right now. Two essential new features are privacy and smart contracts.

We invite you all to join the development work. There are funds secured to contract developers with the right skills and experience.

Decred is calling for collaboration so that the community will have the ability to vote on multiple implementations.

Check out the #privacy and #smart_contracts channels on the Decred Slack.

Anyone interested can contact @raedah on Slack.

Hard Fork voting update

Decred is the first cryptocurrency to implement on-chain hard fork voting. Moreover, it seems that the Decred community has already approved the first Hard Fork - completely decentralised.

What are we voting for?

The first vote includes proposals to start Lightning Network development and to change the PoS Algorithm. The first topic was announced in the 2017 Decred Roadmap, the second topic was brought in by the community (in particular by those who take part in PoS mining).

The Hard Fork voting process itself is described in docs.decred.org/getting-started/user-guides/agenda-voting

Preliminary results

At all times, there are up-to-date statistics available. If you are interested, check voting.decred.org and dcrstats.com.  The statistics show that voter turnout is high. It means that a large proportion of the PoS miners participate in Hard Fork voting. For the first topic the proportion is ~86.8% and for the second topic it is ~64.2% of the votes.

Furthermore, the statistics show that there is a consensus within the community. Of the active participants, current support levels show that ~97.8%  of the votes are in favour of the staking algorithm change, and ~98.5% are in favour of Lighting Network support development to begin. There is a 75% threshold of support needed for a successful Hard Fork.

At the time of writing only 1/3 of the cycle has been completed. The current ‘Rule Change Interval’ ends at Block 141183. For the most recent Block you can check mainnet.decred.org

Significance of the vote

As mentioned in a recent post of The Decred Digest, this is an exciting time for Decred. The efficiency and effectiveness of Hard Fork voting will allow the community to quickly reach consensus. This enables a community-based decision making process, creating a highly progressive and innovative cryptocurrency.

The smooth implementation of the on-chain Hard Fork voting system also highlights the calibre and work ethic of the Decred development team. This promises great things for the future.

100000+ Downloads of the Decred software

Since the start of Decred many new users have joined the project. Recently we have witnessed the 1.0 launch, which has introduced many innovative features to the network. One famous example is Hard Fork Voting.

On the official Decred website you can see that the Decred software has now been downloaded over 100K times. This is another milestone for the project!

The latest release can always be found on github:
github.com/decred/decred-release/releases

All the software is open source. Feel free to join the development team or suggest improvements. Together we create the future of Decred!

How to buy DCR with dollars

Exciting development around the Decred project: you can now buy DCR using dollars. Moreover, you can exchange Decred to any major cryptocurrency available! This is an important step in the history of the project.

The website changelly.com has recently started to support Decred. Check out their quote about Decred on the list of supported currencies:

Decred is a Bitcoin based cryptocurrency. Using a combined PoW/PoS consensus system, Decred represents a more stable and robust cryptocurrency that doesn’t require expensive mining hardware. Decred coins (DCR) are stored in special lite wallets that could serve as a mining tool as well

Head over to Changelly and buy Decred with your favourite (crypto)currency!

 

Decred a true Bitcoin contender?

Blockchain is revolutionising money. Since Satoshi Nakamoto unveiled Bitcoin we have witnessed a massive growth of companies and codebases. Hundreds of promising cryptocurrencies have emerged. However, only a select few have proven themselves as true contenders to Bitcoin. Decred is one of them. Among the other ‘contenders’ are Ethereum, Monero, Dash, and Zcash.

Read the complete article here: https://cointelegraph.com/news/top-10-altcoins-all-you-wanted-to-know-about-bitcoins-contenders

Different point of view

We can ask the question: is the competition narrative really what we need? According to some experts, cooperation and collaboration are lacking in the world of Blockchain. For example, Andreas Antonopoulos blamed some of Bitcoin’s development delays partly on community trolling.

Working together could help to solve many larger issues such as mainstream adoption, legal frameworks and technological challenges.

What do you think? Are we all ‘contending’ to be the best cryptocurrency? And how can we focus on working together?

Autonomy Puzzle is SOLVED

The latest Decred Puzzle has finally been solved. You can still view the original website to reproduce the steps.

The full solution can be found here:

https://medium.com/blockcrushr-labs/solving-decreds-autonomy-puzzle-aedac18f18f3

It was a hell of a ride. We will see you next time!

 

Two webshops accept Decred payments

There are two new webshops that accept payments in DCR. They ship worldwide, so everyone can buy their goods!

The webshops that have adopted Decred are pexpeppers.com and improvabrain.com.

It is a great sign if cryptocurrencies are adopted by merchants. First of all because it means that DCR has value in real life. Secondly, it means that the transaction network is trusted among webshop owners. Third, this type of adoption will attract many new users.

What can you buy?

If you like to spice up your food, you can now buy hot sauces and high quality pepper seeds at pexpeppers.com. They offer hot sauces in 5 different flavours.

When you want to improve your brain skills, you can buy all sorts of puzzles at improvabrain.com. They offer all sorts of cubes and wooden puzzles.

 

This video introduces the groundbreaking features of Decred. Feel free to share this video with everyone who is interested. Everything was made by community members.

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