Decred and the state of the market is brought to you by @Exitus and @DecredSociety and aims to look at current social, economic, and crypto news and how it relates to Decred. This time, we’ll be talking about the proposed consensus upgrade and Bison Relay. In this episode, we’re joins be special guests Jake Yocom-Piatt and Dave Collins.

Just short of a year ago, Decred changed its subsidy split to reduce the miner reward, with the aim of removing the malicious miner behaviour witnessed on-chain. This action has gone a long way to addressing the issue, but although reduced, the pattern of dumping coins to prevent price realisation has continued.

For this reason, a new proposal is up for discussion and voting. Firstly to reduce the miner reward further and secondly to introduce a new mining algorithm.

Bison Relay is sculpting the landscape for the next generation of internet applications – including content delivery, social media and communication.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury. 

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.    

Find out more about Decred: https://decred.org