Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go
by
ilia7777
on 28/04/2016, 12:21:08 UTC
I guess nobody wants to discuss the business case for Decred ? People seem to be stuck on technical stuff. The mining is working fine but you don't even get a dollar per card per day. I'm just wondering what others base their belief that its going to take of on ?

I don't see that a particular business case is needed. People have long debated what the business case for Bitcoin is, and the jury is not out on that one yet... What is most distinguishing with Decred, is in effect the technical stuff.

Once the comprehensive voting infrastructure is built (beyond voting on PoW), development funding and direction is effectively decentralized. This is unique and truly powerful, especially on a platform that is largely similar to Bitcoin but with a lot of technical improvements to begin with. But since you don't seem to care much about the technical stuff, I don't expect any of this to resonate...

Note: I do believe that a particular business case is sometimes useful and valuable, however I don't think that one is always fundamentally required. If you look at the majority of the popular altcoins (say for example a top50, by what I suppose most people would define as popular, some sort of combination of market cap along with sustained trade volume), you'll find that business cases are largely absent, barring a couple of exceptions.

As a former real time software developer I could understand and appreciate technical stuff.  But what I really want to understand is what is going to trigger massive move from bitcoin to decred. How critical are these improvements ? If somebody could give real examples I would really appreciate it. For example 1000 people and 100 companies using bitcoin today are asking for these and can't live without it.

Bitcoin price and success is mostly supported by darknet and Chinese. There is some real demand for it for legitimate transactions but its secondary. Ethereum rise is supported by bitcoin holders wanting to get rich on another rally.  Who is going to buy decred and for what puproses ? I'm willing to participate but I'd like to see some added value first.