1/ A story about #Decred for those less familiar.
Just prior to launch, an article featuring a number of $ETH oracles dropped some FUD in @cointelegraph. Decred coded on. https://cointelegraph.com/news/decred-an-innovative-cryptocurrency-or-a-well-arranged-scam
Just prior to launch, an article featuring a number of $ETH oracles dropped some FUD in @cointelegraph. Decred coded on. https://cointelegraph.com/news/decred-an-innovative-cryptocurrency-or-a-well-arranged-scam
2/ In early 2017, Bitcoiners such as Charlie Lee and Jimmy Song lauded #Decred for its superior design, enhanced ledger security, governance, and solution to the FOSS funding problem. Decred skyrocket into the CMC top 10 and an ATH of $121. Decred coded on.
3/ Well respected funds such as @placeholdervc and @blueyard published #Decred investment theses, helping to maintain Decred’s price as others fell through the first half of 2018. Decred coded on. https://www.placeholder.vc/blog/2018/5/12/decred-investment-thesis
4/ Under the weight of the 2018 bear, maximalism took root and #Decred friendly voices went dark. Decred coded on.
5/ Exchanges largely ignored #Decred, prioritizing listings of VC-backed crap, ERC-20 tokens that were easier to integrate, and other favored projects of degenerate gamblers. Decred fell to #73 in CMC. Decred coded on.
6/ In late 2020, #Decred released the #DCRDEX, enabling trustless P2P exchange via #atomicswaps without KYC. The price of $DCR doubled within the first month and Decred is on its way to reclaiming its rightful place in the top 10.
7/ #Bitcoin
has now been fully institutionalized. It has a problem with hard forks, leading to technical debt and centralization. That’s fine, I’m happy to ride the wave and take institution’s money as they find their new gold.

8/ #Decred has maintained its cypherpunk roots and ideals. It remains #permissionless, offers #privacy & #fungibility, scalability via #LightningNetwork, and will persist as a true #cryptocurrency long after gvmts and regulators monitor, control and permission most other chains.