Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go
I appreciated this response to this question. I have been researching Decred and trying to understand what makes it unique and why I might want to invest in it. You've done a nice job in this response of making a case for what makes Decred special.
Thank you!
You could read Morgan Stanley predictions on the future of blockchain which I referenced above in my earlier posts. I totally understand where they are coming from as I deal with this stuff daily. I'm in charge of foreign business development for the largest money transfer company in Europe and third largest in the world with 20 billion USD turnover. The regulation is so heavy that its a real obstacle to our work and NOTHING is going to change that. If we move even 1% of our operations to blockhain not asking the regulator we are going be closed tomorrow.
Quoting a 3rd party prediction does not magically turn said prediction into substantive evidence, in fact, dare I say, it simply remains a prediction. Again, I'll appreciate any information facilitating my eventual possession of a crystal ball.
That said, I do have some ideas on how to commercilalize Decred blockchain but it would need to become permissioned one, it would have to let go the currency altogether and do some heavy very specialized development for our industry needs. I'm not even going to ask Decred developers if they are interested cause obviously the answer is going to be no.
I'm starting to regret that I even entertained your prior posts, anyhow, here's my final go at it:
The depth of change that you just described, as well as casually tying to a business case within the operations of a company with a 20 billion USD turnover, largely suggests that said company should hire a blockchain specialist. This is (proudly?) an open source project. You can easily fork it, modify as necessary for private or permissioned usage, and get your business party going.
Certainly the largest money transfer company in Europe can afford a little blockchain R&D in its budget...
Apologies in advance, but this was the last that I engaged on this particular discussion.
Cheers!