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Cypherpunk Times

DCRDEX First Look - DecredDEX Fundamentals

24 Oct 2022

Description

Let’s take a first look at DCRDEX and do an overview of the layout for the platform. To start, let’s open Decrediton. I’m using Decrediton with SPV mode disabled. It generally takes longer to complete the initial blockchain sync, but it does mean that I’m validating the Decred blockchain information myself without relying on a third-party service. 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. Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence. * Video Content for this Podcast can be found on the Decred Youtube Channel - https://www.youtube.com/c/DecredChannel * and the Decred Society Youtube Channel - https://www.youtube.com/DecredSociety * Engage with us on Twitter - https://twitter.com/DecredSociety * For more info regarding Decred visit - https://www.decredmagazine.com Thank you so much for listening! If you want to support the channel please subscribe, like and comment.

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