Don Jon aka PurpleSuede22 Speaks to us on the secrets behind DECRED’s Success!


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BitcoinLive and hosted Don Jon, also know as PurpleSuede22 on Twitter. He devoted himself to the noble Decred cause of a complete decentralized credit system. He also works and writes for Cointelegraph and does marketing and communications for and RoundlyX (an interesting project which allows you to easily round up spare change to invest in Digibyte – and perhaps soon Decred too!)

DECRED or "Decentralized Credits" (DCR), was founded and created way back in 2015 by Jake Yocom-Piatt because of his concerns surrounding BTC security, it is its own blockchain that stands out due to an ingenious governance system. This mechanism is a unique blend of Proof of Work and Proof of Stake, which not only allows it to be super secure, highly adaptive, and thus very sustainable in the long run, but it might also have solved the blockchain consensus issue once and for all.

In the interview, we talk about these and many other interesting features of Decred, but also compare it to BTC and Digibyte. Further on we discuss crypto scarcity and what it might mean for crypto exchanges down the road. We talk about crypto adoption, Cathie Wood from ARK invest who make some DCR remarks, and about DCRDEX, RoundlyX, and many other things!

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