Welcome to The Decred Drive. Every Thursday this brief newsletter highlights top-notch Decred content from the previous week.

Great week for Decred and much to cover. Let’s drive in =)

One of the most notable happenings this week was that FTX included Decred (DCR) as one of the privacy coins underlying the Privacy Perpetual (PRIV-PERP) Futures contract. This is important because FTX is a legit and promising crypto derivatives exchange. Embedding Decred into the underlying basket of privacy-enhanced currencies that price this contract further cements Decred as a meaningful and respected financial asset within the crypto landscape. It also implies that FTX respects Decred’s privacy solution and iterative path toward privacy. As they should. As Checkmate states, DCR-specific futures and options products could be a offering down the road, as liquidity grows within the DCR marketplaces. Another notable release this week comes from Decred’s own Jonathan Chappelow: “dcrdex just coordinated an order-driven atomic swap between two users”. That’s pretty darn cool. An order-driven atomic swap between a buyer and a seller… this has far-reaching implications... There’s obviously no trusted third party rent-seeking and taking custody of funds. True peer-to-peer trading, from one person anywhere in the world to another. Similar to how an email is exchanged between two individuals, now financial assets can be exchanged directly. Huge step forward.

3. Regarding the DEX progress, Luke Powell hits a home run when he says, “One of the underrated aspect of dcrdex is that it will provide liquidity for mixed coins. The trades are done using peer-to-peer atomic swaps. No middle man. No KYC. No worrying about getting kicked of exchanges because you value your privacy.” If there’s one thing I’ve noticed about the expanding DCR ecosystem, it is that parts/dynamics of the ecosystem build off of each other and leverage each other to be stronger. For example, Decred’s privacy solution is uniquely related to the constant churn of ticket purchasing, and now the DEX will provide even greater liquidity to the DCR privacy solution.

4. Another great bi-weekly update from Exitus. Highly recommend giving these a watch. Exitus does a nice job breaking everything down.

5. On the Politeia front, we have 3 interesting proposals in discussion, so go ahead and check them out! Nothing currently at the voting stage right now. One that I am personally interested in is the DCR Comic proposal, as the team has done a nice job to date. While proposals are in discussion, it is important to ask questions and dig into the details.

6. Quality article from CoinTelegraph this week, mentioning Decred approach to Hybrid PoW/PoS. One quote in particular that stood out: “Decred’s experience may suggest it is misguided to debate PoS in opposition to PoW. Combining both appears to shore up any perceived weaknesses that they may have individually..” That is exactly the word I would use — misguided. There will be all different forms and variations of consensus mechanisms, but what has actually worked? Pure-play PoW. And to a lesser extent pure-play PoS. But Decred is constructed such that PoW and PoS lean on each other, strengthening each other, aligning incentives of actors and building a robust, long-lasting protocol.

7. AGNFAB is still gettin after it with Decred artwork! Cool stuff. I’ve thought about the meaning of crypto artwork and role it plays in this evolving landscape… and I came to the conclusion that crypto music and artwork is not only enjoyable but even necessary to an extent. It provides creative relief and visual symbolism that we otherwise wouldn’t have. It enhances the movement in a colorful and creative way. It’s important. Keep up the good work AGNFAB.

8. If you haven’t already, take a minute to participate in this quick survey. (April fools — good one!) Hopefully everyone got it a good April fools joke this week.

9. Great article today on Seeking Alpha — read here. USD holders beware! Remember what BlackBear says, “Continue slowly collecting hard money.” Read his full post here. Couldn’t agree more, especially at this time.

10. On the trading front, Checkmate pointed out this week that “DCR formed a healthy bullish divergence on the Daily on the DCR/BTC pair. Loads of fundamentals to prompt the move upwards:

— Privacy Mixing

— DEX

— DEX + Privacy

— Lightning Network

— DEX + Privacy + LN”

…..

Stay tuned folks and get on board because when the hard money train leaves the station, you’ll want to be on it.

Have a good rest of the week folks. Long live Decred. HODL.

~

Dragon

@DecredDragon on Twitter