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Author Topic: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network  (Read 1201105 times)
TeamTT
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December 23, 2017, 10:42:09 PM
 #9481

Wow! Stoked to be a miner/hodler since genesis block Cheesy

I have a feeling we'll be seeing another 0 or two on that number within the next couple years  Grin



Graph does look very sexy. With more adoption price will skyrocket in future for sure. Super good for early Decred adopters!

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Ferdo
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December 24, 2017, 12:06:53 AM
 #9482

It does seem to be in a holding pattern for a long time compared to the market. I decided to exchange it on Exodus and Exodus won’t allow it to happen. Is the market volume so light that they can’t exchange it?

Exodus uses Shapeshift for exchanges. When Shapeshift enables DCR again you will be able to exchange it in Exodus
TheHas
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December 24, 2017, 12:09:39 AM
 #9483

It does seem to be in a holding pattern for a long time compared to the market. I decided to exchange it on Exodus and Exodus won’t allow it to happen. Is the market volume so light that they can’t exchange it?

Yea I've seen exodus use decred. Although it might be cheaper in terms of conversion rates to use one of the regular exchanges. Something like bittrex would work. I believe binance also has decred exchange.
MrSunshine
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December 24, 2017, 05:36:35 PM
 #9484

I'm just looking at DEcred as a whole. How do they intend to identify themselves as they continue to grow? They are a very talented team, but are yet to really get our and market the coin. When they do, will they be promoting DEcred as a store of wealth type of coin?? Or are they intending it to be a coin for everyday use. I'm thinking with the limited supply and also the fact that most supply will be tired up in tickets at any one time, that it'll be a store of wealth coin. If this is the case then privacy features are critical or you miss the target market your intending to capture. Looking forward to potentially investing, just would like someone to explain DEcred goal or intention of how they'll market the coin.

The Decred team is focusing on developing the coin 1st, and once they feel it ready, they will do more marketing. After they incorporate lightning, I think the next major development will be privacy features. Ultimately IMO they will become the store of wealth coin. I think the chosen store of wealth coin will be the most valuable cryptoasset of all and decred has a serious shot at it.
metallicelmo
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December 24, 2017, 10:32:54 PM
 #9485

I've been with this coin since day 1 and have never sold a single one, knowing this coin would be a big one and well, that paid off so really well so far. I like the fact that this coin gets developed under the radar, people notice it automatically in the end
getfinfree
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December 25, 2017, 06:23:56 AM
 #9486

I'm just looking at DEcred as a whole. How do they intend to identify themselves as they continue to grow? They are a very talented team, but are yet to really get our and market the coin. When they do, will they be promoting DEcred as a store of wealth type of coin?? Or are they intending it to be a coin for everyday use. I'm thinking with the limited supply and also the fact that most supply will be tired up in tickets at any one time, that it'll be a store of wealth coin. If this is the case then privacy features are critical or you miss the target market your intending to capture. Looking forward to potentially investing, just would like someone to explain DEcred goal or intention of how they'll market the coin.

The Decred team is focusing on developing the coin 1st, and once they feel it ready, they will do more marketing. After they incorporate lightning, I think the next major development will be privacy features. Ultimately IMO they will become the store of wealth coin. I think the chosen store of wealth coin will be the most valuable cryptoasset of all and decred has a serious shot at it.

I recently came across DeCred. Since then, I am like totally into it trying to understand the project and listened to all the interviews with Charlie & Willy Woo (woonomic). The project looks so good and the team is one of best out there.

I started to think where exactly DeCred will completely dominate in the following use cases. i am listing out the following 3 cases where it can compete. Please let us know your opinions on them and share if there is any other area where DeCred will shine.

1. Store of Wealth: Currently Bitcoin dominates this. Given the Bitcoin brand name, I think its extremely difficult to dominate this. Decred has much better protocol, but it needs lot of marketing to reach out to people.
2. Coin for everyday usage: As Decred's liquid supply is very limited, every day usage might not be a good area to compete.
3.Privacy features: Decred has not completed the privacy features and it has to compete with the popular names like Monero, Zcash. Decred has to do it innovatively in order to grab some of this market.


bspus
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December 25, 2017, 07:48:59 AM
 #9487


I started to think where exactly DeCred will completely dominate in the following use cases. i am listing out the following 3 cases where it can compete. Please let us know your opinions on them and share if there is any other area where DeCred will shine.

1. Store of Wealth: Currently Bitcoin dominates this. Given the Bitcoin brand name, I think its extremely difficult to dominate this. Decred has much better protocol, but it needs lot of marketing to reach out to people.
2. Coin for everyday usage: As Decred's liquid supply is very limited, every day usage might not be a good area to compete.
3.Privacy features: Decred has not completed the privacy features and it has to compete with the popular names like Monero, Zcash. Decred has to do it innovatively in order to grab some of this market.


Don't forget the voting mechanism which works very well. It gives an advantage in deciding the future development of the coin among other things and can help resolve conflicts like the ones bitcoin has struggled with in the past.

I don't expect decred to dominate in any of the above fields. It doesn't need to, it just needs to be competitive in all.

MrSunshine
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December 25, 2017, 12:57:28 PM
 #9488


I started to think where exactly DeCred will completely dominate in the following use cases. i am listing out the following 3 cases where it can compete. Please let us know your opinions on them and share if there is any other area where DeCred will shine.

1. Store of Wealth: Currently Bitcoin dominates this. Given the Bitcoin brand name, I think its extremely difficult to dominate this. Decred has much better protocol, but it needs lot of marketing to reach out to people.
2. Coin for everyday usage: As Decred's liquid supply is very limited, every day usage might not be a good area to compete.
3.Privacy features: Decred has not completed the privacy features and it has to compete with the popular names like Monero, Zcash. Decred has to do it innovatively in order to grab some of this market.


Don't forget the voting mechanism which works very well. It gives an advantage in deciding the future development of the coin among other things and can help resolve conflicts like the ones bitcoin has struggled with in the past.

I don't expect decred to dominate in any of the above fields. It doesn't need to, it just needs to be competitive in all.

Essentially Decred will be the what people want Bitcoin to be. However the powerful governance, along with the developers fund will allow upgrades to happen without drama. I was a bitcoin maximalist once, but the bitcoin community infighting is a huge negative on progress.
Ndlongap Ndlongop
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December 27, 2017, 02:32:02 PM
 #9489

What I'm expecting some time ago is now proven, the price has passed $ 100, and I'm getting more confident with the DCR project.
Jack Liver
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December 27, 2017, 02:37:10 PM
 #9490

this is our 2018 : Lightning Network, Politeia, Enhanced Privacy, Hardware Wallets, Mobile Wallet, Atomic Swap DEX, Payment integrations, ASICs, The Decred DAO.

we do not need macfee to know how it will end up  Grin
Ferdo
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December 27, 2017, 04:27:48 PM
 #9491

this is our 2018 : Lightning Network, Politeia, Enhanced Privacy, Hardware Wallets, Mobile Wallet, Atomic Swap DEX, Payment integrations, ASICs, The Decred DAO.

we do not need macfee to know how it will end up  Grin

Actually I'm glad we don't have him. These kind of pumps can not end on a positive note
adsjohn
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December 27, 2017, 04:43:57 PM
 #9492

this is our 2018 : Lightning Network, Politeia, Enhanced Privacy, Hardware Wallets, Mobile Wallet, Atomic Swap DEX, Payment integrations, ASICs, The Decred DAO.

we do not need macfee to know how it will end up  Grin
Is this the official news? If true, then in 2018, Decred will have a lot of outbreaks
MrSunshine
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December 27, 2017, 08:11:47 PM
 #9493

this is our 2018 : Lightning Network, Politeia, Enhanced Privacy, Hardware Wallets, Mobile Wallet, Atomic Swap DEX, Payment integrations, ASICs, The Decred DAO.

we do not need macfee to know how it will end up  Grin
Is this the official news? If true, then in 2018, Decred will have a lot of outbreaks


Pretty much, check the roadmap.
mr angry
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December 27, 2017, 08:17:42 PM
 #9494

I'm just looking at DEcred as a whole. How do they intend to identify themselves as they continue to grow? They are a very talented team, but are yet to really get our and market the coin. When they do, will they be promoting DEcred as a store of wealth type of coin?? Or are they intending it to be a coin for everyday use. I'm thinking with the limited supply and also the fact that most supply will be tired up in tickets at any one time, that it'll be a store of wealth coin. If this is the case then privacy features are critical or you miss the target market your intending to capture. Looking forward to potentially investing, just would like someone to explain DEcred goal or intention of how they'll market the coin.

The Decred team is focusing on developing the coin 1st, and once they feel it ready, they will do more marketing. After they incorporate lightning, I think the next major development will be privacy features. Ultimately IMO they will become the store of wealth coin. I think the chosen store of wealth coin will be the most valuable cryptoasset of all and decred has a serious shot at it.

I recently came across DeCred. Since then, I am like totally into it trying to understand the project and listened to all the interviews with Charlie & Willy Woo (woonomic). The project looks so good and the team is one of best out there.

I started to think where exactly DeCred will completely dominate in the following use cases. i am listing out the following 3 cases where it can compete. Please let us know your opinions on them and share if there is any other area where DeCred will shine.

1. Store of Wealth: Currently Bitcoin dominates this. Given the Bitcoin brand name, I think its extremely difficult to dominate this. Decred has much better protocol, but it needs lot of marketing to reach out to people.
2. Coin for everyday usage: As Decred's liquid supply is very limited, every day usage might not be a good area to compete.
3.Privacy features: Decred has not completed the privacy features and it has to compete with the popular names like Monero, Zcash. Decred has to do it innovatively in order to grab some of this market.




IMO the privacy features development is the most important of the three. Those features have helped monero and dash stay at the top of coins with high market caps for years.
MrSunshine
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December 28, 2017, 11:15:21 AM
 #9495

I'm just looking at DEcred as a whole. How do they intend to identify themselves as they continue to grow? They are a very talented team, but are yet to really get our and market the coin. When they do, will they be promoting DEcred as a store of wealth type of coin?? Or are they intending it to be a coin for everyday use. I'm thinking with the limited supply and also the fact that most supply will be tired up in tickets at any one time, that it'll be a store of wealth coin. If this is the case then privacy features are critical or you miss the target market your intending to capture. Looking forward to potentially investing, just would like someone to explain DEcred goal or intention of how they'll market the coin.

The Decred team is focusing on developing the coin 1st, and once they feel it ready, they will do more marketing. After they incorporate lightning, I think the next major development will be privacy features. Ultimately IMO they will become the store of wealth coin. I think the chosen store of wealth coin will be the most valuable cryptoasset of all and decred has a serious shot at it.

I recently came across DeCred. Since then, I am like totally into it trying to understand the project and listened to all the interviews with Charlie & Willy Woo (woonomic). The project looks so good and the team is one of best out there.

I started to think where exactly DeCred will completely dominate in the following use cases. i am listing out the following 3 cases where it can compete. Please let us know your opinions on them and share if there is any other area where DeCred will shine.

1. Store of Wealth: Currently Bitcoin dominates this. Given the Bitcoin brand name, I think its extremely difficult to dominate this. Decred has much better protocol, but it needs lot of marketing to reach out to people.
2. Coin for everyday usage: As Decred's liquid supply is very limited, every day usage might not be a good area to compete.
3.Privacy features: Decred has not completed the privacy features and it has to compete with the popular names like Monero, Zcash. Decred has to do it innovatively in order to grab some of this market.




IMO the privacy features development is the most important of the three. Those features have helped monero and dash stay at the top of coins with high market caps for years.

Also, if they wanted to become an everyday coin but needed 10x or 100x the # of coins the stakeholders could easily decide this by voting an doing a 10 for 1 split etc. That is the beauty of decred it can change without drama.
asdlolciterquit
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December 28, 2017, 03:00:01 PM
 #9496

this is our 2018 : Lightning Network, Politeia, Enhanced Privacy, Hardware Wallets, Mobile Wallet, Atomic Swap DEX, Payment integrations, ASICs, The Decred DAO.

we do not need macfee to know how it will end up  Grin

just to ask: so decred will be the first coin to implement Lightning Network? even before btc? wow, that's great!
Jack Liver
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December 28, 2017, 06:24:23 PM
 #9497

i can't say before BTC but we surely have a huge advantage thanks to the fact that LND uses btcdsuite as daemon and this implementation was created by decred devs.





bspus
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December 28, 2017, 08:29:05 PM
 #9498

this is our 2018 : Lightning Network, Politeia, Enhanced Privacy, Hardware Wallets, Mobile Wallet, Atomic Swap DEX, Payment integrations, ASICs, The Decred DAO.

we do not need macfee to know how it will end up  Grin

just to ask: so decred will be the first coin to implement Lightning Network? even before btc? wow, that's great!

I think even litecoin plans to implement lightning before btc

bitwarrior
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December 29, 2017, 10:38:36 AM
 #9499

With Lightning Network, Privacy Feature and the Atomic Swap... DCR is sure thing a hit by 2018 Smiley
MrSunshine
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December 29, 2017, 11:29:24 AM
 #9500

With Lightning Network, Privacy Feature and the Atomic Swap... DCR is sure thing a hit by 2018 Smiley

This along with their superior governance model should bring good things in 2018.
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