Treasury balance: 702,029 DCR (approx +10,634 DCR/month) — $98.6 million (+$1.5M/month) based on $140.45 DCR price

New proposals

Dubai Crypto Conference Participation

Published Jul 25 by sz1 | edited Jul 26 | 15 comments

This proposal requests funding for Decred representation at Crypto Expo Dubai in October 2021. The proposal originally offered two options (one with a presentation and booth, another costing $1,000 less with no booth), but the booth option became unavailable and the proposal was edited to offer a new choice to the stakeholder community: An optional presentation costing $5,000, plus a budget of $21,240 for travel and accommodation for…

Treasury balance: 698,260 DCR (approx + 10,634 DCR/month) — $79.1 million (+$1.2M/month) based on $113.33 DCR price

Proposals open for voting

Automatic Ticket Revocations Consensus Change

Published Jul 6 by rstaudt | edited Jul 6 | 14 comments

Voting figures as of writing: 11,920 Yes votes, 330 No votes (97.3% Yes) — voter participation of 30%.

This proposal outlines a new consensus rules change, it projects costs of $10,000 to produce the code and DCP, to be drawn from the core network development budget. The purpose of this consensus change is to automate the ticket revocation process — this would simplify the user experience…

June’s highlights:

• An upcoming consensus upgrade was approved on Politeia which would make future consensus changes easier, more reliable, and more secure.
• A bug with the checks on treasury spending saw a limit which is too low being imposed, this will require a consensus upgrade to fix.
• Three Politeia proposals approved with high turnout (~47%) and yes votes (97–99%) — Bug Bounty, Translations, and the Explicit Version Upgrades Consensus Change.
• The PoW hashrate has seen a significant drop, likely associated with the crackdown on mining within China.

Contents:

· New Treasury Bug
· Development
· People
· Governance
· Network
· Ecosystem
· Outreach
· Events
· Media
·…

Treasury balance: 688,891 DCR (approx +10,848 DCR/month) — $82.1 million (+$1.3 million/month) based on $119.22 DCR price

New proposals

Decred Bug Bounty Program: Phase 4

Published Jun 6 by degeri | edited Jun 7 | 8 comments

This proposal requests a budget of $5,000 for maintenance of the program for another 1 year, with a maximum budget of $100,000 for bounty payouts. The payout amounts have been increased as compared to previous phases, to increase interest and participation. The proposal reported maintenance costs of $1,822 for the last year, in dealing with a total of 51 submissions, including 4 valid reports. Payouts…

Highlights for May:

• The new Treasury system is actively receiving block rewards and has already been tested with the first of the new tspend transactions being approved and mined.
• Version 1.6.3 of node and wallet software was released to patch some issues with VSP staking and add some of the latest features.
• DCRDEX v0.2.0 was released, incorporating more than 3 months work, and an experimental DCRDEX integration has been added to Decrediton v1.6.3.

Contents:

· v1.6.3 Patch Release
· New Treasury Activated
· Development
· People
· Governance
· Network
· Ecosystem
· Outreach
· Media
· Discussions
· Markets
· Relevant External
· About…

April’s highlights:

• Decred’s 6th consensus vote has passed with unanimous approval and high voter turnout.
• Politeia v1.0 is now live with more scalable and future-proof infrastructure.
• Politeia’s first proposal is being voted on to formalize the development roadmap and budget.
• DCRDEX is heading towards v0.2 update with several backend and UX improvements, as well as the foundations for future exciting features.
• Initial DCRDEX integration has been merged in Decrediton.

Contents:

· Development
· People
· Governance
· Network
· Ecosystem
· Outreach
· Events
· Media
· Community Discussions
· Markets
· Relevant External
· About

Development

The work reported below…

Treasury balance: 672,756 DCR (approx +11,066 DCR/month) — $141 million (+$2.3M/month) based on $209.09 DCR price

Proposals under discussion

Politeia: Pi (Proposal System) 2021 Q3

Published Apr 28 by lukebp | 2 comments

This proposal requests $118K to fund Backend ($64K) and Frontend ($54K) development of Politeia — it outlines a set of deliverables which are estimated to take around six months to complete, but it won’t start until the v1.1.0 release is completed. The proposal includes breakdown tables estimating the amount of time required in each of Design, Implementation and Verification phases. …

Highlights for March:

• The consensus vote to enable the new treasury system has been approved and should activate around May 7, at which point nodes running software older than v1.6 will be forked off the network.
• v1.6.2 was released in early Apr, it fixes a number of issues with mixing and VSP tickets, as well as improving the stability of SPV nodes, among other improvements.
• The epic migration of Politeia to a new more flexible and scalable storage back-end, which has been in progress for over a year, is finally complete!
• The Decred community have settled on a spirit animal…