Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go
by
scam confirmed
on 28/02/2016, 17:50:28 UTC
I am not certain who controls the private key for this address. I suppose that it could be subject to abuse.

"a development organization"

  • Self-funded development via block subsidy - In order to have an ongoing source of funding for development work, a consensus rule has been added to allocate 10% of each block subsidy to a development organization. This entity is transparent and responsible for funding development work performed by current and new developers so that the project remains sustainable without a funding dependence on outside forces in the future. Decred therefore improves with growth in a sustainable way and is accountable only to its users.

Any more details anyone?

DGH (decred holding group) control the dev fund.
They will issue regular financial statements, - every 2 years!

Unclear if DHG will take commission/expences/wages?

   
bitcointalk.org/index.php?topic=1290358.235

Dislike. The blockchain should control the dev fund and fund voting-system-elected developers/development projects directly.