Decred Project is focused on building a fairer financial system. It is self-governed by DCR holders. It has got a self-funded treasury to sustain development as well as a decentralized global team.
Decred claim to be a community of high Integrity committed to building sustainability. There was a new episode on Decred in Depth which clarified on what the Decred project is all about, how to grow the community and about from where the demand for DCR is coming from.
Previously, it was Decred in Depth about helping traders find each other, further letting the atomic swaps do the rest. Decred is secure, adaptable, and sustainable.
The checkmate on-chain analytics on June 11, 2020 put forth some excellent insights. An analysis was taken to understand how Bitcoin and Decred performed in their core. Checkmate, the engineer brought forth the data points and the factors which influence the health and value of the cryptocurrency to provide a comprehensive understanding.
The on-chain analytics provided empirical evidence about adoption, the performance, value metrics and further insights in to how cryptocurrencies should evolve. The insights delivered were of high quality and is worth the watch by those who are trying to understand Decred and Bitcoin metrics.
Sydney Ifergan, the crypto expert tweeted: “As cryptocurrency and decentralized finance is taking its own time evolving to what it wants to be Decred (DCR) is doing its part.”
Decred is in to lot of privacy improvements, research, outreach, politeia updates, network stats, and lot of other stuff.
Decred (DCR) Community Directed Store of Value
Decred facilitates a community-directed superior store of value. It is secure, adaptable, and sustainable. It employs an innovative hybrid Proof-of-Work or Proof-of-Stake system which layers security and carefully aligns its incentives.
Jake Yocom-Piatt, project lead at decred project, crypto fanatic and free thinker opines that CBDCs would be creating more of information asymmetry than what would benefit the ruling elites.
One of the community members tweeted: Fed announces that they will continue to destroy capitalism to prevent boomer retirement accounts from ever going down. This is why we build #decred. Exit the system. Take back control of your money.”
While quitting the Fed might not happen immediately, not to deny that Decred yields the best of both worlds, making it an order of magnitude more expensive to attack than pure Proof-of-Work or pure Proof-of-Stake.
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