News from the official Decred blog! As described in the 2017 Decred Roadmap, an important goal is to let each community member participate in the governance of Decred. To achieve this goal, a brand new proposal system is being developed. The proposal system will have two components: a blockchain-based timestamping service and a transparent version-controlled database of proposals.

The recent blog post has revealed dcrtime, the public timestamping service. The primary motivation for dcrtime is the desire for the proposal system to have maximum transparency and accountability, while having a minimal onchain footprint.

Dcrtime was written by Marco Peereboom over the past couple months and is the result of collaboration between Marco, Jake Yocom-Piatt and Dave Collins. Dcrtime also draws on the work of Peter Todd’s opentimestamps.

Free timestamping service for everyone

Interested third parties can use the timestamping service provided via dcrtime for free. The service runs hourly, on the hour. If you are interested in using dcrtime for timestamping, feel free to contact us on Slack for assistance.

If you would like to comment on the blog post, join us on the Decred Forum.

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