I completely agree with shoshin that I doubt any of us here are looking to "beat" or harm other coins. Speaking for myself personally, I'm the lead developer on btcsuite, the original code base upon which decred is based and will continue benefiting from, and am an owner of a non-trivial amount of Bitcoin, so I definitely have no desire to see Bitcoin falter. However, I'm also keenly aware there is still plenty of room for improvement and substantial issues this project seeks to address and is why I'm excited about it. I see no reason for any type of adversarial relationship.
It is actually a bit of a tricky question: an overwhelming number of cryptocoins may actually deter mass adoption. Almost like many competing standards introduce chaos rather than order. So it may be a good thing to see some dominant branches emerge, and necessary to some extent for stability. I believe that essentially every coin out there is a clone of bitcoin and thus unsustainable in the long run. The reason I'm interested in Decred is because that might not be the case here. Of course, the problem is how it will be used: will the ideas behind it materialize and become a driving force to enhance the project?
If we are here for anything let it be to free ourselves from the corruption of the global banking system and the elitists who control it.
I want to believe that there will be consensus, certainly as technology progresses gives us new possibilities,certainly there may be some pieces to be emulated by other projects and why not from the Bitcoin
Without a doubt the Decred is the revolution, I believe it will not erase the bitcoin, surely the bitcoin lost its current value for all the technical characteristics of Decred is higher than bitcoin.
We can't be sure that this will more successful, but i'm sure the potential is there. But actually i don't think there's anything wrong with going together like others before. Agree with those above, it's better for us to think how to improve this project instead of wasting time thinking how to beat bitcoin.
Responding to the survey question... We must remember that within 6 months (July) came the halving, 12.5 BTC for each block. Several things can happen: The big miners continue mining because they can pay the costs. Small miners will obtain half of reward and may disconnect their Asics. Much miners were devoted to mine other coins, logically it will mine the most profitable in that moment.
I hope this year will end the BTC monopoly. BTC are centralizated, old and unfriendly (over 1h for a confirmation?90% of the blockchain in the hand of 6 people?) can't be forever like this...
I don't know if it is true, but rumors say that (some?) miners in China can get electricity almost for free. Because of that they are buying old obsolete ASICs. Me personaly will stop mining with my Antminer C1 same moment when mainnet is up. Electricity used for BTC would be directed into DCRD because BTC mining is not proffitable for me, but I'm using it for heating my apartment , so I'm still on line. After halving there is no way for small miners to stay up without serious investing to cutting-edge ASIC equipment.
Hi, not only some Chinese miners have free electricity @Johnshpon3. I know some European countries where some miners also have it, in my contry (Spain) I know some but they are small fish.
well whatever it is, i guess decred development won't effect big to BTC at first (maybe), but i'm also not sure how it would be in the future, just hope for the best tho :v