The Decred Drive (May 21)

Welcome to The Decred Drive. Every Thursday this brief newsletter highlights top-notch Decred content from the previous week.

Decred is the real deal. Crypto coins are only the real deal is they focus on building technology that offers the user permissionless action. This is becoming more and more relevant around the world. Decred’s ecosystem and technology is maturing. Get on board. Let’s break down this week:

1. If you have not seen Decred developer Matheus Degiovani demonstrate the swapping DCR for BTC to pay an invoice — this is a much watch. Permissionless value storage as an interoperable means of payments; fully compatible with other chains like Bitcoin. This is huge.
2. Decred developer Luke Powell gave the community an update on TSPEND code, remarking that TSPEND is a treasury transaction that has to be approved by the DCR stakeholders before funds can be redeemed. This means all treasury spending will soon be explicitly approved by the stakeholders. Aka we are moving closer and closer towards making the release of treasury funds permissionless. Decred is making everything permissionless. What other projects are doing that? There are only a very few.
3. Looks like Decred developer Degeri has updated the Decred Bug Bounty website. Nice addition with the Hall of Fame — congrats to Aaron Hook and Caio Luders who were listed to Hall of Fame for their work to discover bugs in the Decred code. The whole community appreciates your efforts.
4. On the Politeia front — there are currently 5 proposals in discussion that will soon go to voting. This is your chance to chime in and give feedback on what you believe to be missing in these proposals and what you disagree with. It’s important to engage and be vocal before voting begins.
5. Fantastic podcast with Decred’s own Jake Yocom-Piatt and Tom Luongo. These two delve into Bitcoin and Decred to give the listener a sense of the permissionless infrastructure that we seek to build and adopt in response the extremely questionable actions of the Fed and other rigged actors.
6. Check out several new other recent podcasts— 1) Decred in Depth covers the DCR DEX with a the developers leading the project. And 2) Rough Consensus with Seth Simmons. Both these podcasts are worth following as they are led by knowledgable members of the Decred community.
7. Lastly, this week Formal Verification released a overview analysis of Decred. While I personally do not agree is some of the author’s conclusions, feel free to give it a read — some decent work done.
8. Last but not least, Decred Explorer 5.3 beta is up. Check it out! Crucial data points like privacy participation, % of coins mixed, etc. will be included in this version. As Decred builds and expands its universe there will be more and more metrics and data points to examine and track.

That’s a wrap — have a great week folks and stay safe.

~
Dragon
@DecredDragon on Twitter