Decred

Decred Unveils Bison Relay v0.1.8 Ushering in a New Era of Decentralized E-commerce and Unrivaled User Sovereignty

Tue, 29 Aug 2023 00:00:00 +0000

[Chicago, IL, August 29, 2023] Decred (DCR) - a sovereignty and privacy maximizing currency, has announced the release of Bison Relay v0.1.8, introducing support for e-commerce sites, addressing a crucial need for decentralization in the digital retail landscape.

The update includes an array of features, such as pages, client-side filtering, and enhanced client backups. Serving as an alternative to the conventional web, Bison Relay integrates money via the Lighting Network, enabling a foundation for decentralized e-commerce sites.

Decred DEX Launches DCRDEX 0.6, Offering new levels of Privacy and Security for Cross-Chain Swaps

Tue, 18 Apr 2023 00:00:00 +0000

[Chicago, IL, April 17, 2023] Decred (DCR), a sovereignty and privacy maximizing currency, today released the latest version of its decentralized exchange. DCRDEX 0.6 offers direct peer-to-peer cross-chain swaps without any kind of intermediaries, solving key problems around privacy and security. The combination of privacy, resilience, and cross-chain compatibility in the new release is a first.

New Assets

The most notable new feature of DCRDEX 0.6 is the introduction of Ethereum and USDC. Users now have access to direct layer 1 atomic swaps with no intermediary, utility token, or third-party arbitration. When swapping from an asset like BTC, the funds are locked in a native contract of the user’s creation that is never spendable by a third party, only the swap participants. As with all swaps performed by the software, no auxiliary chain or DEX-managed vault is used to trustlessly execute the swap.

Decred Launches Bison Relay: A Private, Censorship-Resistant Social Media and Messaging Platform

Thu, 15 Dec 2022 00:00:00 +0000

[Chicago, IL, December 15, 2022] Decred (DCR), a sovereignty and privacy maximizing currency, today announced the launch of Bison Relay, a secure, private, censorship-resistant social media and messaging platform that gives users custody over their data.

“The web is broken and in desperate need of a reboot,” said Jake Yocom-Piatt, Co-Founder and Project Lead at Decred. “The root of the problem is that the web and social media platforms are fundamentally custodial networks. When people have custody of your data, content, and metadata, they can record, sell or even manipulate it. Instead of arguing about who the custodian should be, the solution is to remove or minimize that custody.”

Decred Releases DCRDEX v0.5 Making Secure Atomic Swap-Powered Trades More Accessible

Wed, 28 Sep 2022 00:00:00 +0000

[Chicago, IL Sep 28, 2022] Decred (DCR), a sovereignty and privacy maximizing currency, today announced the release of its decentralized exchange DCRDEX v0.5. Key features of the release include support for Electrum light wallet software for Litecoin (LTC) and Bitcoin (BTC), and a built-in Decred wallet, making DCRDEX significantly more accessible.

With this release, an LTC-BTC market has become available and ETH support should go live shortly. “These high volume trading pairs will bring awareness to the need for peer-to-peer atomic swap DEX software that can bridge layer 1 chains directly - without auxiliary tokens or chains, without giving up self-custody, and without trading fees,” said Jonathan Chappelow, Lead Software Developer at Decred.

Decred Shifts to Majority Proof of Stake Model in First Stakeholder-Activated Change of its Kind

Mon, 09 May 2022 00:00:00 +0000

[Chicago, IL, May 9, 2022] Decred (DCR), a sovereignty and privacy maximizing currency, today announced the activation of its subsidy split change to a majority Proof-of-Stake (PoS) model. The consensus change, the first stakeholder-activated update of its kind, modifies the Proof-of-Work/Proof-of-Stake/Treasury block reward split from 60/30/10 to 10/80/10. Stakeholders approved the consensus change in February on Decred’s off-chain proposal system, Politeia, with 92 percent of ‘yes’ votes, to combat malicious miners.

Decred Releases v1.7 With Post Quantum Secure Privacy and Major Subsidy Split Vote

Mon, 24 Jan 2022 00:00:00 +0000

[Chicago, IL, January 24, 2022] Decred (DCR), a digital currency that emphasizes security and adaptability, has added post-quantum secure mixing to Stakeshuffle, its opt-in privacy system. The release of Decred v1.7 provides robust protection for privacy of mixed coins against quantum computers - an industry first.

Decred v1.7 also includes four consensus votes, the most notable being the vote to modify the block reward split between Proof-of-Work, Proof-of-Stake, and Treasury from 60/30/10 to 10/80/10, substantially reducing subsidy paid to miners.

Decred to Shift Block Reward Distribution to a Majority Proof-of-Stake (PoS) Model

Fri, 10 Dec 2021 00:00:00 +0000

Stakeholders Approved the Consensus Change to Combat Malicious Miners

[Chicago, IL, December 10, 2021] Decred (DCR), a digital currency that emphasizes security and scalability, today announced the passage of a vote to shift its block reward distribution to a majority Proof-of-Stake (PoS) model. The move is the latest example of Decred’s built-in governance system, which allows it to make changes to consensus rules while avoiding community-splitting hard forks. The vote was carried out on Decred’s off-chain proposal system, Politeia, and passed today with 92 percent of ‘yes’ votes. The consensus change will modify the Proof-of-Work/Proof-of-Stake/Treasury block reward split from 60/30/10 to 10/80/10 if it passes a second vote which will take place on-chain.

Decred Hits Governance Milestone of 77% Voter Participation

Wed, 27 Oct 2021 00:00:00 +0000

Off-Chain Proposal System Politeia Marks Three Years Since Launch

[Chicago, IL, October 27, 2021] Decred (DCR), a digital currency that emphasizes security and scalability, today announced a new governance milestone. Voter participation hit 77% for a proposal, which took place on the project’s off-chain proposal system, Politeia. The news coincides with Decred marking three years since Politeia’s launch in October 2018.

The proposal system enables stakeholders to decide how the project’s treasury, currently valued at $85 million, is spent. In total, 128 proposals have been put forward to further various aspects of Decred, including software development, design, marketing and research. In the last year, stakeholders approved proposals for the continued development of mobile wallets, Politeia and DCRDEX, Decred’s decentralized cryptocurrency exchange, in addition to 17 others.

Decred Continues to Evolve without Contentious Hard-Forks

Wed, 28 Jul 2021 00:00:00 +0000

Stakeholders Vote to Make Consensus Change to Improve Base Layer UX

[Chicago, IL July 28, 2021] Decred (DCR), a digital currency that emphasizes security and scalability, today announced the passage of a vote to improve the base layer user experience (UX). The move is the latest example of Decred’s built-in governance system, which allows it to make changes to consensus rules while avoiding community-splitting hard forks. The vote was carried out on Decred’s off-chain proposal system, Politeia, and passed with 94.8 percent of ‘yes’ votes. The consensus change will fix a UX pain point around ticket revocations. “This consensus change demonstrates one of the fundamental differences between Decred and Bitcoin,” said Luke Powell, Software Developer at Decred. “Our governance model gives us the ability to adapt and evolve over time. This upgradability will result in dramatic network level UX differences in the long term and will directly impact higher layer implementations and UX, such as the Lightning Network.”

Decred Announces Initial DCRDEX Integration into Decrediton Wallet

Tue, 25 May 2021 00:00:00 +0000

[Chicago, IL March 25, 2021] Decred (DCR), a digital currency that emphasizes security and scalability, today announced the initial integration of its decentralized exchange, DCRDEX, into its Decrediton wallet. DCRDEX, initially available on the command line interface, has surpassed $210 million in trading volume since its launch in October 2020. The integration will make it easier to access the exchange, the first of its kind with no trading fees. It is also the first to utilize a new order matching system that levels the playing field between retail and professional traders. Other notable features are added security, as servers never take custody of client funds, and privacy as it’s completely permissionless. Currently the exchange allows users to exchange Decred and Bitcoin, however DCRDEX will eventually be open to more cryptocurrencies. This will put projects on a more equal footing and ease the process of acquiring crypto assets, which will benefit the overall ecosystem.

Decred Makes Consensus Change to Further Decentralize $128M Treasury

Mon, 12 Apr 2021 00:00:00 +0000

Built-in Governance Enables the Project to Evolve Without Hard-Forks

[Chicago, IL April 12, 2021] Decred (DCR), a digital currency that emphasizes security, privacy and scalability to empower stakeholders, today announced the passage of a vote to further decentralize its treasury, currently worth $128M. In 2018, the project gave the community the power to vote on how treasury funds are spent with the launch of Politeia, it’s off-chain proposal system. The new process will enable stakeholders to review the contractor payout each month and vote on whether to approve it via their wallet. This will greatly increase the transparency of treasury spending and eliminate the risk of treasury fund theft, which improves security. It will also further empower stakeholders who will be able to veto or approve all treasury spending.

Decred’s Position as Money Evolved Further Cemented by Three New Features

Mon, 25 Jan 2021 00:00:00 +0000

[Chicago, IL January 25, 2021] Decred (DCR), a digital currency that emphasizes security, privacy and scalability to empower stakeholders, today announced the addition of several major new features to its Decrediton wallet. In one of the project’s largest technological developments to date, Decrediton v1.6 will enable a vote to give the stakeholders full on-chain control of a sizable treasury, currently valued at $35 million, integrate its opt-in privacy system and provide access to Lightning Network payments. The news comes following several recent DCR price surges after the launch of the project’s decentralized exchange, DCRDEX, in October and news of Decred’s use in Brazil’s municipal elections in November. “Collectively these technological developments cement Decred’s position in creating a cryptocurrency that is truly decentralized, secure and sustainable - aligning with the original ideals of the space,” said Jake Yocom-Piatt, Co-Founder and Project Lead at decred.org.

Decred Announces Launch of DCRDEX

Wed, 21 Oct 2020 00:00:00 +0000

First Exchange with No Trading Fees Seeks to Disrupt Billion-Dollar Crypto Exchange Market

[Chicago, IL October 21, 2020] Decred (DCR), a digital currency that emphasizes security and scalability, today announced the launch of DCRDEX, the first decentralized cryptocurrency exchange of its kind. In an unprecedented move, DCRDEX does not collect trading fees and is the first exchange to utilize a new order matching system that levels the playing field between retail and professional traders. Other notable features are added security, as servers never take custody of client funds, and privacy as it’s completely permissionless. The initial release allows users to exchange Decred, Bitcoin, and Litecoin cryptocurrencies. However, DCRDEX will be open to all cryptocurrencies, putting projects on a more equal footing and easing the process of acquiring crypto assets, which will benefit the overall ecosystem.

Decred Releases Proposal for Decentralized Exchange (“DEX”) with Eye toward Disrupting Billion-Dollar Exchange Market

Tue, 05 Jun 2018 00:00:00 +0000

Privacy, security, fewer barriers to entry and absence of unnecessary fees among the benefits of next phase of blockchain evolution

[Chicago, IL June 5, 2018] Decred (DCR), an autonomous digital currency with built-in governance, today released a formal proposal for a new kind of decentralized exchange. Known by its temporary working name “DEX,” the proposal suggests replacing the billion-dollar centralized cryptocurrency exchange market with a trustless peer-to-peer model. The proposal comes at a time when the blockchain market seeks new levels of efficiency and questions the privacy, security, fees, and other barriers of the existing system.

Decred Rocks Consensus 2018 with Updates to Acclaimed Blockchain Governance Platform – Booth #230, May 14-16, NYC

Mon, 14 May 2018 00:00:00 +0000

Showcase to Include Latest Features for Lightning Network Integration, Atomic Swaps and Politeia, Decred’s Tool for Timestamping and Storing Data Off-Chain

Value of Decred (DCR) has increased XX% YTD, on the heels of new releases, MIT talk, endorsements from influential investors and profiles in leading trade outlets

New York, NY May 14 2018 — Decred, an autonomous digital currency with smart governance, today showcases the latest updates to its acclaimed blockchain platform. The updates include enhancements for Lightning Network integration, Atomic Swaps and Politeia, Decred’s proposal system, which allows anyone in the community to submit a formal proposal that will be timestamped and versioned in an off-chain repository. The announcement comes on XXX% yearto-date (YTD) growth and on the heels of a recent talk at MIT and endorsements from leading investors and profiles in key industry outlets.

Decred Adds First Intelligent Proposal System to Advance Blockchain Governance

Thu, 26 Oct 2017 00:00:00 +0000

System Powered by Politeia, a Standalone Tool for Storing Off-Chain Data That Is Both Versioned and Timestamped for Broader Use in Record Storage, Identity Systems, Supply Chains

[Chicago, IL October 26, 2017] Decred, an autonomous digital currency, has launched the first intelligent blockchain proposal system. Powered by Politeia, a standalone tool for off-chain data storage, the system sets a new standard for blockchain governance, allowing anyone in the community to submit a formal proposal that will be timestamped and versioned in an off-chain repository. The launch comes on the heels of Decred’s announcement of atomic swaps, a methodology to allow for ad hoc transactions outside the centralized exchanges.

Decred Adds Support for Atomic Swaps

Wed, 20 Sep 2017 00:00:00 +0000

Deployment Delivers on Hotly Anticipated Technology, Allowing for Direct, On-Chain Exchanges between Users of Decred, Bitcoin and Litecoin

[Chicago, IL September 20, 2017] Decred, the cryptocurrency for the people, has become one of the first cryptocurrency projects to offer on-chain atomic swaps. With this announcement, Decred (DCR), Bitcoin (BTC) and Litecoin (LTC) users can now do direct over-the-counter (“OTC”) trades without third-party exchanges. This advancement disintermediates the exchange process, allowing for greater market fluency. It also delivers on the market desire for improved interoperability between currencies and the demand for new efficiencies that drive investor value.

Decred Integrates with Exodus to Offer Secure Transfer of Blockchain Assets

Fri, 23 Jun 2017 00:00:00 +0000

Extension of the DCR and Exodus Networks Comes on the Heels of a Flurry of Other Upgrades from the Cryptocurrency Industry Stalwarts

[Chicago, IL June 23, 2017] Decred (DCR), the cryptocurrency for the people by Bitcoin developers, today announced that it is supported by Exodus, the first desktop multi-asset wallet app that allows users to secure, manage, and exchange blockchain assets. With this partnership, Decred participants can enjoy complete and easy control of their currency. They also enjoy full privacy on all transactions, thanks to Exodus’ built-in integration with ShapeShift, an industry standard.