[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 113 KB, 300x300, decred-logo-300.png [View same] [iqdb] [saucenao] [google]
15218263 No.15218263 [Reply] [Original]

Name one reason why I shouldn't go all in Dick Red?

Pro-tip: you can't

>> No.15218321
File: 42 KB, 680x406, DyG0nn4XQAAhzd6.jpg large.jpg [View same] [iqdb] [saucenao] [google]
15218321

>>15218263
the devs are fucking up on a regular basis. they didn't implement safe guards to protect against a selfish mining attack where a miner invalidates PoW blocks if he has enough PoS tickets.

This whole MM proposal is just a last ditch effort to pump the price and make the project relevant again imo.

but the irony is that all this treasury spending inevitably leads to Decred being sold on the market, suppressing the price even more.

And when the Devs are confronted with questions of whether PoS is even valid, they delete the threads...not a good sign.

plus the treasury is completely centralized.

oh and they promised better privacy then monero, but have not implemented any thus far, and are probably going to be relying on lightning for their privacy solution.

the project is fast becoming a joke, and politeia is nothing but a rubber tamp at this point.

>> No.15218715

>>15218263
On chain governance is a meme. Murad is wrong. Sell.