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  • Ledger on Twitter: "We are excited to announce that the Ledger Nano S and Ledger Blue are now compatible with @decredproject" December 11, 2018
    submitted by /u/chmod1337 [link] [comments]
    /u/chmod1337
  • DCR withdrawal to wallet shows: Error: 2 UNKNOWN: wallet.PublishUnminedTransactions December 11, 2018
    Edit: Seems to be a send transaction from my wallet though I haven't done a send for this amount. Could any one please help me with this issue? I withdrew DCR from Binance to my wallet on 24th Oct 2018, however the transaction shows the below error in my wallet: Error: 2 UNKNOWN: wallet.PublishUnminedTransactions:: dcrd.jsonrpc.sendrawtransaction: […]
    /u/jonsnow21got
  • Fundamental Analysis: Decred (DCR) December 10, 2018
    There are many reviews which in my opinion are often mostly biased (sponsored or website content). This post is my unbiased attempt to explain you Decred project and convince you why Decred is one of the few cryptocurrencies that continues to uphold the decentralised nature of the initial idea. https://i.redd.it/g6vnvveabg321.png Problem to Solve Decred is […]
    /u/ElainaClayton
  • Decred Journal – November 2018 December 6, 2018
    submitted by /u/jet_user [link] [comments]
    /u/jet_user
  • Issue 7 — Nov 28-Dec 4 2018 – Politeia Digest December 6, 2018
    submitted by /u/Richard-Red [link] [comments]
    /u/Richard-Red
  • 20 minute block time? 298228 to 298229 December 6, 2018
    submitted by /u/SilentGaucho [link] [comments]
    /u/SilentGaucho
  • DCG, Winklevoss product for Decred December 5, 2018
    DCG especially Barry Silbert, as well as Winklevoss twins, did a great job building financial infrastructure for different assets such as BTC, ETH, ETC. It might be interesting to approach them about including Decred in this league. DCG can probably wrap it into ETN or other structures. Politeia might cover legal and custody expenses. To […]
    /u/Kovalenko_yan
  • Bitcoin Car Talk episode with a Decred video bomb December 5, 2018
    submitted by /u/lehaon [link] [comments]
    /u/lehaon
  • Raspberry pi offline transaction signer December 5, 2018
    Last weekend hack for 2018: a raspberry pi offline transaction signer for decred. Here's a video demoing it: https://www.youtube.com/watch?v=xbSoZ7GH1_k&t=7s And the proof of concept code (testnet only for the moment): https://github.com/matheusd/offline-tx-signer Let me know if you think this is something worthwhile to further develop. submitted by /u/matheusd_tech [link] [comments]
    /u/matheusd_tech
  • 51% attacks December 5, 2018
    How resilient would Decred be against 51% attacks. In comparison to coins like Bitcoin cash, Vertcoin, ETH, Zcash etc. Since Bitcoin cash has been proven very vunerable to it (Had to include checkpoints etc). and Vertcoin is currently being 51% attacked. And there are now many voices indicating all PoW coins will be targeted by […]
    /u/Tommy_Q

What Is Decred ?

Decred is focused on creating a transparent and evolved cryptocurrency. This project plans on using a community-based governance model that is still based on the blockchain model. This currency can be mined and uses a proof-of-work system.

Decred uses an original unique hybrid system, due to the fact that it’s using proof-of-work. However, it is not always easy for the miners to agree with the rest of the community. In order for this to happen, PoW mixed with PoS for improved results. One of the reasons why Decred is popular is that everyone can mine currency, regarding of whether they own expensive mining software.

 

The project has gained quite a lot of popularity since its September 2015 launch  Its smart technical features and the voting system are designed in such way to benefit its users. The democratic voting system allows for any arising conflicts to be solved quickly.

Furthermore, Decred can easily provide permanent transaction hashes because it separates the signatures of the transaction from its data which is in a way very close to SegWit’s plans for Bitcoin.

 

There are two ways Decred allows users to sign their transactions: off-chain and through Schnorr. These features put Decred above Bitcoin for the later still has a long time until it can implement such practices.

 

Unlike other blockchains, Decred offers a feature that enables transactions to expire when a set period of time has passed. This is possible due to users filling in an expiration date, which protects them from being included in the blockchain when the block reached a certain height. These transactions are cancelled by default when delays occur, such as in confirming them. It is well known that users of both Bitcoin and Ethereum would like this feature available to them as well.

 

These are not all the features planned for Decred. In the future, Decred will have a stakeholder-directed DAO, Lightning Network support, decentralized control over the development of funds, and improved privacy. It should be noted that these features are decided upon by the community and the team of developers. Clearly, this is a project worth following since the mentioned features sound exacting, and will make this cryptocurrency stand out.