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- ###Decred Project Origin
- The seeds of Decred were planted in the early years of Bitcoin. In April of 2013, on Bitcointalk, a developer named tacotime introduced the idea of an alt coin that actually changes something, based upon the Memcoin2 (MC2) paper by Adam Mackenzie. Tacotime spent most of 2013 working with another group, called _ingsoc, in an effort to fund the project. By early 2014, these efforts brought the idea to Company Zero (c0), a group of privacy- and security-oriented cypherpunks who wrote btcsuite in Golang, the first alternative full node implementation of Bitcoin.
- The three groups worked together to create a fairer cryptocurrency based upon MC2 that empowered the coin holders with direct sovereignty and supplied continuous funding. In late 2015, Jake Yocom-Piatt of c0 published articles describing Bitcoin’s biggest challenges, and introducing Decred to the world. Three days later tacotime submitted their last ever post on the MC2 thread, “The descendant of this system is here: https://bitcointalk.org/index.php?topic=1290358.0 – Closing this thread.”
- ###Premine
- When launched, Decred used an innovative premine to bootstrap the Proof-of-Stake component of the Decred network, establish a wide network of potential project contributors, and compensate the early developers for their work prior to launch. Given the necessity of distribution, this process was determined to be the most fair and transparent, and yielded significant decentralization from the outset.
- ##Decred Timeline
- 2013-04-07 Memcoin2 (MC2) whitepaper announced by tacotime. -
- https://bitcointalk.org/index.php?topic=169204.0
- 2013-05-01 btcd Bitcoin full node written in Go announced by Conformal
- Systems. -
- https://blog.conformal.com/btcd-a-bitcoind-alternative-written-in-go/
- 2015-11-30 "Bitcoinʼs biggest challenges" published by Jake Yocom-Piatt.
- - https://blog.companyzero.com/2015/11/bitcoins-biggest-challenges/
- 2015-12-15 Decred announced on bitcointalk. -
- https://bitcointalk.org/index.php?topic=1290358.0
- 2016-01-25 Airdrop vetting finalized. -
- https://forum.decred.org/threads/airdrop-rundown.313/
- 2016-02-08 Decred mainnet launched. -
- https://explorer.dcrdata.org/block/
- 298e5cc3d985bfe7f81dc135f360abe089edd4396b86d2de66b0cef42b21d98
- 0
- 2016-02-21 First PoS votes are included in block 4096. -
- https://explorer.dcrdata.org/block/
- 00000000000013722f8e5a8af9cf55492e9237e77d29da98695e65fd1303362
- 5
- 2016-03-23 Decred RFP to incentivize the creation of 10 stakepools. -
- https://forum.decred.org/threads/rfp-6-setup-and-operate-10-stake-pools.
- 1361/
- 2016-07-25 First release of Paymetheus Windows GUI wallet. -
- 2016-12-07 zkc open-sourced by Company 0. - https://blog.decred.org/
- 2016-12-26 First release of Decrediton GUI wallet for Linux/OSX. -
- https://forum.decred.org/threads/dd-20-v0-7-0-12-26-16.4702/#post-23300
- 2017-06-14 dcrtime announced. - https://blog.decred.org/
- 2017-07-09 First hard fork vote in the history of cryptocurrency to
- change Decred's stake difficulty algorithm. - https://blog.decred.org/
- 2017/04/03/A-New-Ticket-Price-Algorithm/
- 2017-07-09 On-chain signaling vote to begin work on Lightning Network support.
- 2017-09-19 First cross-chain atomic swap between Decred and Litecoin. - https://blog.decred.org/2017/09/20/On-Chain-Atomic-Swaps/
- 2017-10-25 Politeia is announced. - https://blog.decred.org/2017/10/25/Politeia/
- 2018-06-05 DEX proposal is published. - https://blog.decred.org/2018/06/05/A-New-Kind-of-DEX/
- 2018-09-21 Initial SPV release for dcrwallet. - https://github.com/decred/decred-binaries/releases/tag/v1.3.0
- 2018-10-15 Politeia goes live on mainnet. - https://blog.decred.org/2018/10/15/Politeia-in-Production/
- 2018-11-05 First Decred corporate contractor (Ditto PR) hired through a Politeia vote. - https://proposals.decred.org/proposals/27f87171d98b7923a1bd2bee6affed929fa2d2a6e178b5c80a9971a92a5c7f50
- 2019-08-28 Initial Privacy Implementation Released https://blog.decred.org/2019/08/28/Iterating-Privacy/
- ##Decred Community Principles
- These principles guide the Decred DAO as it builds a community-directed cryptocurrency whose security, adaptability, and sustainability make it a superior long-term store of value.
- Free and Open-Source Software
- All software developed as part of Decred shall be free and open source-software.
- Incremental Privacy and Security
- Privacy and security technology shall be implemented on a continuing and incremental basis, both proactively and on-demand in response to attacks.
- Free Speech and Consideration
- Everyone has the right to communicate opinions and ideas without fear of censorship. Consideration shall be given to all constructive speech that is based in fact and reason.
- Multi-Stakeholder Inclusivity
- Inclusivity represents a multi-stakeholder system and an active effort shall be maintained to include a diverse set of views and users.
- Fixed Finite Supply - Issuance is finite and the total issuance shall not exceed 20,999,999.99800912 DCR
- ——————————————————————————————
- ###Find out more about
- #Adaptability
- Learn how Decred empowers its stakeholders with direct sovereignty to manage the future of their money.
- #Security
- Learn how the Hybrid PoW/PoS system layers security to make Decred far more secure than other cryptocurrencies.
- #Sustainability
- Learn about Decred’s long horizon, it’s self-funding mechanism, and how the DAO enables a new work paradigm.
- #History
- Learn about the origins of Decred and key points in its history.
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