/biz/ - Business & Finance

Cliff me on what this actually does.

>>14320092
>hybrid PoS/Pow consensus makes it 20X more resistant to 51% attacks when compared to Bitcoin on an equal playing field
>stakers/voters buy tickets (basically 3000$ cheap masternodes) that lock the funds for 30 days
>voters can vote on protocol upgrades/projects that need funding from the treasury
>when the ticket comes due and funds are unlocked you get 101% back as a reward
>average yield is around 10% per year
>fork resistant since stakers/voters are the consensus mechanism deciders explicitly

it was undervalued, now its probably at where it should be. keep an eye on it.

>>14320092
You're able to duel mine it while mining ethereum. That is the only reason it stays in the top 40.

>>14320161
not anymore. that was before ASICs came online and catapulted the hashrate by 40X.

Now only Blake256 ASIC's like the Whatsminer D1 can PoW mine this

dCR is unironically the only alt who has a chance to compete with the king (BTC)

People who have the vision to realize this will be very rich soon.

>>14320158
>it was undervalued, now its probably at where it should be. keep an eye on it.
Not even close, it's still massively undervalued.

>>14320247
maybe not Soon, but in the long term there is an argument that Decred can evolve better then any other crypto because of its harcoded governance mechanisms. Look at Politeia for a good example of what the project can do so far.

>>14320078
Delete this

>>14320273
it still has some centralization issues with the treasury funds. that needs to be sorted out before the big show. otherwise its all promises and no follow through.

>>14320279
Do some research. Decred treasury and voting still needs a centralized individual to allocate funding.

Dash has had it figured out for years. All these masternode governance coins are knockoffs of Dash.

>>14320335
Dash's framework of paying for work upfront fro proposals is pants on head retarded. i think charlie shrem was able to raid their treasury without having to deliver on what he promised.

With Decred its reversed. you need to deliver on the proposal first before being paid out in DCR.

but you're right about the centralized individual part. that shit needs to go sooner then latter for this project to remain true to itself.

>>14320335
Like how dash knocked off 51% resistance from decred?

Also FYI dash does not have a treasury to store funds, it only has allocation.

Dash is a scam coin compared to decred it was never designed for governence.

https://medium.com/@btchomero/evans-and-dash-s-scam-story-add1f16528ae

Decred is slowly gaining visibility

it will become the strongest SoV

>>14320458
Dash LLMQ chainlocks was invented by Dash devs. Zcoin is copying it because it’s so damn good.

Go ask Decred or Dash community of Dash chainlocks is anything like Decred. They will both tell you it’s not

Dash is not a scam anymore than decred is.

But decred is an illegal security because the way it handles staking. That is why polo delisted it.

>>14320497
shits gonna be scarcer than Bitcoin with 50% of supply locked up staking
https://alpha.dcrdata.org/market?chart=depth&xc=aggregated&bin=1h&stack=1

https://dcrstats.com/

put on your moon suit boys

Imagine not having a large pct of your crypto folio in DCR

I seriously hope /biz/realis don't miss on this one

It's one of the few coins that old bitcoiners like... The others being grin and monero

>>14320536
Polo didn't delist it, it geofenced it for burgers

>>14320536
> decred is an illegal security

first of all you're retarded for saying illegal security

there's only unregistered securities.

and the penalties for such are variable depending on how big the offense.

furthermore, Decred has a 52% chance on not being a security as seen in this analysis
https://medium.com/coinmonks/the-regulators-are-coming-a1ba2f8c02be

secondly, bittrex still lists Decred but has delisted over 20 other cryptos.

lastly, the proof will be if Binance includes Decred in its US exchange.

>>14320584
When US exchanges block US traders from using a crypto that is a BIG RED FLAG.

You would be stupid to invest in something that US traders are blocked from buying.

>>14320536
Lol ..
Is that why dash Biz head accepted that they basically copied it from decred ?

https://twitter.com/mattmeek_dash/status/1119437185575337984

>>14320616
Polo is a literally who exchange in 2019
DCR is listed on binance
Bittex is a us exchange and it geofenced many crypto but not DCR

You seem to be a dash bagholder afraid of DCR impending moon

>>14320616
Bittrex still lists Decred and Binances US exchange may list Decred. Binance will be the real test for DCR in the US.

>>14320638

They are completely different designs. Dash chainlocks is just one of the million things Dash LLMQ can do.


Decreds 2nd layer is very computationally weak and can’t handle ithe intense data contract that will be running on Dash masternode layer.

>>14320699
XD what part of "the solutions are similar" dont your understand ?

Okcoin out of san fransisco just listed technically the first usd/dcr pair a month or two ago - doesnt get much action right now but its there.

Decred devs are also having their second meet up in sf hosted by coinbase custody this week - wont be surprised to see it randomly listed there sometime this year.

>>14320779
Coinbase listings don’t mean shit.

Fidelity is heavily invested in Dash.


By the way. Why the fuck does the Decred Project lead always look like shit? He can’t bother to freshly shave and comb his hair before a conference? The guy is a fucking slob and he has you all fooled.

>>14320779
>Coinbase custody listing Decred for millionaire stakers

anon, I can only get so erect

>>14320839
Typical dashfag, you care more about appearance than substance

That's.why you put that hot chick on top, amandaBJ... She still around?

>>14320839
maybe because cypherpunks write code.

they don;t win beauty contest anon

You probably bought Tron didn't you

>>14320860
Dash arguments are so fucking weak, its giving me a brain aneurysm

shoo Dash Shills Shooo

>>14320839
Lol dash tards.

>>14320877
Decred has been desperately playing catch up to Dash for years.

Decred has no message or direction. Politea is a joke. They are barely even touching areas Dash has been for years.

>>14320901
I'd say the reverse is the case, especially with your LLMQ chainlocks in a desperate attempt to stay relevant in the double spend resistance race.

Decred was resistant to such attacks in its inception and is arguably more resistant to double spend attacks then Dash is currently.

>>14320901
If you had the chops to check it out. Most dash "innovations" are vaporware. Their privacy implementation is a joke.

Having been to South America where "dash merchants" who have been paid to install a mobile app to "accept" dash. I found that most of them have not seen a single payment after the first install !! no one uses it. Fake adoption through and through.

>>14320974
>>14321014
Dashfags BTFO
When DCR in top 10?
A month,?

Dash is just another centralized coin

Libra will send it to obscurity within a year

>>14321014
if you dont have mandatory privacy then its vapoware.

funny how Tacotime basically co-invented both Monero and Decred....

>>14321034
give it some more time. top 20 is the next level to break. The conditioning will be broken.

>>14320974
But Decred has no diriection.

What the fuck is it exactly?

>A governance coin.

Really? thats is fucking use case? Why should it have any value? It’s a greater fool coin.

>>14321115
it's a store of value and sovereignty coin. the coin gives users voting rights over the entire project.

Decred's direction is up. That's it. whatever up is.

the same question could be asked of your coins, who are currently headed down.

>>14320860
Amanda is around

She is currently running to be a supervisor in Dash’s investment foundation. Making Dash the first network that can legally own various investments. Income from said investments to be used to bolster the network

>>14321212
>trusting a woman to manage your money

You dash fags are so fucked

>>14321226
Lol

The directors manage the investments. But Dash is a coin for women also. Ladies love Dash

>>14321257
sounds similar to the libra situation where they manage a basket of assets to back their crypto. might be a regulatory risk. interesting though.

>>14321226
Women for Dash

>>14321226
Basedboy dudes for Decred

>>14321212
"Dash’s investment foundation" making dash an actual Security

Bitcoin (SV)

>>14321364
the SEC's gonna have a field day

>>14321364
Wrong. The network itself has no central investment authority. It’s all been legally researched. Buying Dash promises no one they will make a return profit.

>>14321404
fuck off and die heretic. adults are talking

>>14321419
even implied gains or distributions can be frowned upon by the SEC. its outlined in the scope of their new framework...more details are in the medium article i posted.

>>14321460
Decred staking is more of a security than Dash network investing into itself.

The Dash coin itself is not a promise of any ownership of investments. The investment foundation does not invest your Dash for you. That’s not how it works.

A lot of money has been spent looking into this and many lawyers. This is what happens when someone running a project has decades experience in finance and not just a experimental blockchain coder.

>>14321535
we'll see. Masternodes though are a promise of a return. so that could be a fun argument to have with the regulators. but for now they're more interested in bigger and easier fix to catch. im thinking EOS is their main target.

>>14321569
Holding a masternode doesn’t require giving money to someone though. It’s collateral requirement needed to provide a secure working service. No different than if I have to buy specific tools and safety gear to work as a carpenter.

>>14321691
>doesn’t require giving money to someone though

that's a semantic that a regulator will need to buy. you're technically locking up funds for the Dash network, which could be seen as a corporate entity (especially since it starting to act like one).

>>14321757
It may seem like it’s acting like a decentralized corporate entity. But regardless, that doesn’t make their utility token a security. That token of value is a means to transact in the economy. But when you promise distribution by merely holding the coin and not having to perform a job than it’s a security.

>>14321757
The Dash Core group CEO and COO already flew out to DC and spoke with the SEC.

We can all thank Dash once again for pushing things forward.

Decred, Monero, Factom, Komodo.
When people say 'alts' this is the sacred 4 I think about. Solid shit all around, not that erc20 diarrhea.

>decred tickets

real decentralization means not giving a sh1t about corporate controlled politicians

america can not bomb it , so they can fcuk off with their sh1t rules

>>14320309
>it still has some centralization issues with the treasury funds
cannot be worked out because apathy. dash sucks, so does all the other treasury coins

>>14322235
https://proposals.decred.org/proposals/c96290a2478d0a1916284438ea2c59a1215fe768a87648d04d45f6b7ecb82c3f

>>14322401
completely missing the point

>>14322550


What apathy?

https://twitter.com/RichardRed0x/status/1139860218010058753

>>14322608
how many % of the total supply are represented as tickes? and how will that play out as diffusion occurs?

>>14322652
Its been a steady 50% of supply for some time.

How it will playout when diffusion occurs idk have to wait and watch.

>>14322652
https://dcrstats.com/

Treasury + voting on rule changes + no minority forks = competing with Bitcoin for "coin most likely to still be going strong in 100 years".
Perceived longevity and robustness is what gives these things real value. See how many ICO projects are still going when they spent all of the BTC/ETH they got from suckers.