Decred’s PR team “MondePR” have been hard at work securing articles and media on some of the biggest publications in finance and the crypto space. These efforts help to increase the media presence of Decred and get the project in front of a larger audience. This month they've secured articles in the following publications and media outlets.
Forbes Advisor
An article was secured in Forbes Advisor featuring commentary from @jz on the merit of meme coins. The piece was syndicated to three publications including Nasdaq.
Dan Ashmore
Extract from article:
Shiba Inu and Dogecoin are considered success stories among meme coins. The fact is most meme coins eventually fade away.
“Nobody remembers the names of Dogecoin’s peers from 2013-2014, which now don’t trade anywhere and eviscerated untold amounts of speculator money,” says Jonathan Zeppettini, international operations lead at Decred.
“We tend to only focus on the winners and ignore the fact that those wins are extreme outliers.”
While the evidence appears stacked against meme coins turning into the next Dogecoin or Shiba Inu, the salivating upside and extreme “fear of missing out” were most evident during last year’s bull market hysteria.
But that does not prevent retail traders from trying to strike it rich. It remains important, however, to consider these more as gambles than investments.
Cointelegraph
An article was secured in Cointelegraph featuring commentary from @jy-p on how Bitcoin’s Lightning Network stacks up against Solana and Visa. The piece was syndicated to thirty publications, including Bitcoin Insider and Crypto News Canada.
The Cointelegraph piece also appeared in Portuguese on Cointelegraph Brazil.
Francisco Rodrigues
Extract from article:
Bitcoin’s Lightning Network has been growing at a slow pace. What’s keeping it behind, given its high transaction throughput?
Bitcoin (BTC) changed the world as a decentralized, nongovernmental form of currency that can facilitate peer-to-peer (P2P) transactions that transcend national borders.
But despite this functionality, Bitcoin’s role as a payment mechanism has been called into question due to its low transaction throughput.
Speaking to Cointelegraph, Fenton hinted that the Lightning Network stands out as “more decentralized and censorship-resistant” than most other blockchains.
Decred co-founder and project lead Jake Yocom-Piatt built on that idea, telling Cointelegraph that other blockchains are unable to match the Lightning Network’s qualities.
Yocom-Piatt claimed that the high-throughput blockchain Solana, with a theoretical throughput of 710,000 transactions per second, is a “centralized, noncustodial blockchain that requires its validating nodes run in datacenters on high-end hardware.” Comparing the Lightning Network, Solana and Decred itself, he said:
“Of these three, Lightning Network is the most decentralized, sovereign and most aligned with the original ethos of the cryptocurrency space. Solana sacrifices most of its decentralization via its onerous validating node requirements, but at least it does not appear to be able to censor users and merchants arbitrarily.”
Whatever the future holds, it’s clear that innovation in the cryptocurrency space is increasing transaction throughput. Whether users will end up choosing to sacrifice privacy and immutability for more convenience remains to be seen.
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