Privacy, security, fewer barriers to entry and absence of unnecessary fees among the benefits of next phase of blockchain evolution

Chicago, IL June 5, 2018 —Decred (DCR), an autonomous digital currency with built-in governance, today released a formal proposal for a new kind of decentralized exchange. Known by its temporary working name “DEX,” the proposal suggests replacing the billion-dollar centralized cryptocurrency exchange market with a trustless peer-to-peer model. The proposal comes at a time when the blockchain market seeks new levels of efficiency and questions the privacy, security, fees, and other barriers of the existing system.

“DEX is a topic that has been discussed for some time,” said Jake Yocom-Piatt, Decred Project Lead and one of the authors of the proposal. “Our goal is to structure the conversation so the developer community can step up with real-world solutions. We believe that this call-to-action is long overdue. Blockchain can only move forward by putting more power in the hands of the community. Decentralization has been our guiding principle at Decred and it is what motivated us to create this project, which can benefit the entire ecosystem.”

Key features of DEX:

• It is architected as a simple client and server, without a corresponding token or a blockchain.
• Server operators never take custody of client funds.
• It uses on-chain transactions for order fulfillment and rule enforcement.
• Server operators collect no fee for matching orders.
• Order matching occurs pseudo-randomly within epochs.
• Orders placed on the exchange can be internally regulated via rules enforced by the clients and the server.
• Malicious clients are managed using a reputation system based on Politeia, Decred’s proposal system.
• Near-instant exchange for smaller orders can be achieved through a related off-chain LN-based network which uses atomic swaps.
• Servers can connect via a mesh network to allow cross-server order matching.
• External services, e.g. wallets, can access a simple client API on the server that provides a data feed, ability to place orders, and other services.

Decred’s proposal leverages on-chain atomic swaps, announced in September 2017, making it the first project to support direct exchanges between users of Decred, Bitcoin and Litecoin.

To read the full DEX proposal, visit the Decred Blog: https://blog.decred.org .

Showcase to Include Latest Features for Lightning Network Integration, Atomic Swaps and Politeia, Decred’s Tool for Timestamping and Storing Data Off-Chain

Value of Decred (DCR) has increased XX% YTD, on the heels of new releases, MIT talk, endorsements from influential investors and profiles in leading trade outlets

New York, NY May 14 2018 — Decred, an autonomous digital currency with smart governance, today showcases the latest updates to its acclaimed blockchain platform. The updates include enhancements for Lightning Network integration, Atomic Swaps and Politeia, Decred’s proposal system, which allows anyone in the community to submit a formal proposal that will be timestamped and versioned in an off-chain repository. The announcement comes on XXX% yearto-date (YTD) growth and on the heels of a recent talk at MIT and endorsements from leading investors and profiles in key industry outlets.

“Decred’s killer feature is good governance, and with good governance, you can have any feature you want,” said Joel Monegro, cofounder, Placeholder & Chris Burniske, cofounder, Placeholder and coauthor of Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond (McGraw-Hill)

“We are moving fast into the next phase of this project,” said Jacob Yocom-Piatt, Decred Project Lead. “As we announced in our 2018 roadmap, we have shortlisted the key areas that our community has highlighted. Speed has been an overarching theme; so has the overall system of prioritizing requests. The endorsement of folks like Chris Burniske and the opportunity to speak at MIT Review’s Business of Blockchain conference makes us only want to work harder to affirm the trust of early investors and attract the attention of people just entering the world of cryptocurrency.”

Consensus 2018 Must-Sees:

On-chain consensus voting

Decred uses an innovative hybrid proof-of-work (PoW), proof-of-stake (PoS) system to validate transactions, keep the network secure and make decisions on consensus rules.

Atomic Swaps - for trusted peer-to-peer trading

This new type of exchange removes unnecessary third parties. The result is full control of assets at all times.

Lightning Network integration

Blockchains are notoriously slow. The Lightning Network will allow Decred to scale up its transaction capacity to thousands of transactions per second.

Time-ordering governance data

Politeia, our proposal system named after the Greek word for “system of government,” improves upon existing blockchain governance systems by eliminating the possibility of altering historical records.

Real-world use-cases - for financial records, asset tracking, insurance policies, etc.

In addition to a proposal system, Politeia also has vast potential to benefit any enterprise that depends on time-stamped data.

System Powered by Politeia, a Standalone Tool for Storing Off-Chain Data That Is Both Versioned and Timestamped for Broader Use in Record Storage, Identity Systems, Supply Chains

Chicago, IL October 26, 2017 — Decred, an autonomous digital currency, has launched the first intelligent blockchain proposal system. Powered by Politeia, a standalone tool for off-chain data storage, the system sets a new standard for blockchain governance, allowing anyone in the community to submit a formal proposal that will be timestamped and versioned in an off-chain repository. The launch comes on the heels of Decred’s announcement of atomic swaps, a methodology to allow for ad hoc transactions outside the centralized exchanges.

“Decred has been setting a new standard as one of the most progressive blockchain projects,” said noted Bitcoin developer, Jimmy Song. “Their proposal system arrives at a time when the industry could benefit from the openness and formalization that Decred is promoting. I look forward to the exciting projects that will come from this system. I am also eager to see how competing blockchains will rise to the occasion.”

“We are more committed than ever to a sustainable and fair system of governance,” said Jake Yocom-Piatt, Decred Project Lead. “For Decred, Politeia will provide an off-chain public record of proposals, comments on proposals, and stakeholder votes. Although Decred will be using Politeia in a public capacity, it can provide similar utility as a private unalterable store of data. Public and private use-cases include document and record storage, reputation and identity systems, and supply chains.”

Users should note that while Politeia can be used without holding any Decred, it does depend on using a dcrtime server for creating timestamps. A more detailed technical brief has been posted on the Decred Blog. Users who require additional assistance can talk to the Decred team at: twitter.com/decredproject.

Deployment Delivers on Hotly Anticipated Technology, Allowing for Direct, On-Chain Exchanges between Users of Decred, Bitcoin and Litecoin

Chicago, IL September 20, 2017 — Decred, the cryptocurrency for the people, has become one of the first cryptocurrency projects to offer on-chain atomic swaps. With this announcement, Decred (DCR), Bitcoin (BTC) and Litecoin (LTC) users can now do direct over-the-counter (“OTC”) trades without third-party exchanges. This advancement disintermediates the exchange process, allowing for greater market fluency. It also delivers on the market desire for improved interoperability between currencies and the demand for new efficiencies that drive investor value.

“Support for on-chain atomic swaps is extremely useful,” said Jake Yocom-Piatt, Decred Project Lead. “Thanks to the foresight of the Lightning Network authors and developers, and the dedication of our own developers, it is our pleasure to deliver an important capability that has been discussed since the concept of cross-chain atomic transfers was proposed in 2013.”

“Litecoin is pleased to have support for on-chain atomic swaps between Litecoin, Decred and Bitcoin. Increased liquidity between these projects that avoids third parties and counterparty risk is a benefit to the overall cryptocurrency ecosystem,” added Litecoin creator, Charlie Lee. “We appreciate Decred’s contribution of this tool to the Litecoin community.”

Users can begin performing exchanges between DCR, BTC and LTC using tools that the Decred developers have created. The tools are text-based, but will be integrated into the Decrediton GUI wallet in a future release.

Users should note that on-chain atomic swaps are intended for simple exchanges that don’t require the order book management of full-service exchanges. A more detailed technical brief has been posted on the Decred Blog.

Users who require additional assistance can talk to the Decred team at: slack.decred.org.

”…one of the most interesting current projects, both for the current characteristics and those that will be implemented in the near future.” — Crypto Currency

Extension of the DCR and Exodus Networks Comes on the Heels of a Flurry of Other Upgrades from the Cryptocurrency Industry Stalwarts

Chicago, IL June 23, 2017 —Decred (DCR), the cryptocurrency for the people by Bitcoin developers, today announced that it is supported by Exodus, the first desktop multi-asset wallet app that allows users to secure, manage, and exchange blockchain assets. With this partnership, Decred participants can enjoy complete and easy control of their currency. They also enjoy full privacy on all transactions, thanks to Exodus’ built-in integration with ShapeShift, an industry standard.

“We are excited to offer this extension of the DCR network,” said Jake Yocom-Piatt, Project Lead, Decred. “Exodus gives our users a virtual wallet that is both user-friendly and secure. Empowering users to manage blockchain assets in a simple, one-click manner is the practical, down-to-earth usecase that is essential for the long-term growth of this industry. We couldn’t be happier with this deployment.”

“Written into the Decred project ethos are principles dedicated to free and open-source software, multi-stakeholder inclusivity, and incremental improvement of privacy and security,” said Daniel Castagnoli, Exodus Co-Founder and Chief Creative Officer. “With a dev team that has been involved in this industry since its inception, Decred is one of the most innovative digital currencies available today. Making our platform compatible with their offering is key to reaching the broadest community of users who believe in taking control of their financial future—without banks, brokers, or institutional oversight.”

The news of this integration comes on the heels of Decred’s launch of decentralized voting for the blockchain. It also comes as Exodus has implemented confirmation tracking and other new features to make its wallet more user-friendly and secure to the broadest range of users.

Surprise Launch Challenge:

As a special treat, the two projects have collaborated to launch a cryptographic challenge with USD $5K prize in $DCR. Decred has a history of creating cryptographic challenges with bountiful prizes, and this event will be no different. The challenge begins at, and it will be Exodus.io/decred live as of June 22 at 10 PM PDT. May the best hacker win!

The Exodus and Decred software are available for Windows, Mac, and Linux. For more information, visit: decred.org.

Users who require additional assistance can talk to the Decred team at: slack.decred.org.

”…one of the most interesting current projects, both for the current characteristics and those that will be implemented in the near future.” — Crypto Currency

“Decred is developed by the authors of btcsuite, a widely respected Bitcoin library that has been used by several high-profile projects including, but not limited to, the Lightning Network, BitGo, Ethereum, and Factom.” — Brave New Coin