Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
So what's the next big thing to be excited about with this coin? I haven't checked on it in awhile. In a very long while actually.
Got a song https://www.youtube.com/watch?v=9jlHSU8fZio
Decred will become and emerge as the "perfect coin". The decentralized, secure, self governing, anonymous cryptocurrency.
But beware of ASICs. There was a post in this thread that there was an ASIC being developed for Decred, is this still true?
There are several companies working on DCR asics. While there are negative aspects of asics for PoW, Decred is a hybrid chain, and PoS validation trumps PoW, so really asics are quite a positive development.
Not when Bitmain starts invading your mining space and be a force of "mining centralization". Other smaller mining and ASIC manufacturing companies would have no choice but to work together under Bitmain's umbrella or die, effectively becoming a cartel.
Can anyone also direct me to a link describing the details on Decred's crowdsale? Thanks.
It doenst really matter with decred as far as I understand because IF mining becomes centralized and they become malicious and have bad intentions the people holding dcr can always vote to undo any damage done by the miners. Im not against asics since they also bring a lot higher security to the blockchain and with the people holding decred having the most power in hands I think is the best of both worlds.
There was no crowdsale for decred only a airdrop as far as I know. The rest of the circulation comes from mining and staking. So the devs have a % they premined and part of that is being held for development and the other part was given to the community in a airdrop. you can see the % of that here : https://dcrstats.com/ I think the % of the airdrop and dev fund grows smaller as more coins are being mined and staked.