$132.01 -5.12%
DCR · 194w

New design of the BitcoinTalk thread looks amazing - [ANN][DCR] Decred

decred Decred solves blockchain governance and rewards you for voting.What we're building will empower your ideas, give you control over decisions, at lightning fast speed, while protecting your privacy.TechnologyDecred allows users to seamlessly transition from one set of consensus rules to another. This is a complex problem, as demonstrated by the difficulties experienced in Bitcoin governance. Decred uses an innovative hybrid proof-of-work (PoW)/proof-of-stake (PoS) system similar to proof-of-activity (PoA) to solve this problem and gives users of the currency decision-making power about the set of consensus rules to activate.This hybridized consensus system is used to strike a balance between miners and users to create a more robust currency. Typically, the miners who operate the infrastructure wield considerable influence while the users have relatively little sway. Decred allows users to participate in the project directly without the need for expensive mining hardware.DevelopmentDecred fosters a multi-stakeholder development ecosystem that welcomes and empowers participants who want to improve on existing features or build new tools. Anyone can submit feature proposals, and developers are paid for work to fulfill requirements in full view of the community. Funding for this work comes directly from the Decred blockchain.The main Decred development group started as the Bitcoin developers who develop btcsuite, a widely respected Bitcoin implementation in Go that has been used by several high-profile projects including, but not limited to, BitGo, Factom, Ethereum, and the Lightning Network. Several of Decred's developers have also been contributors to the core of OpenBSD, among many other projects. Anyone is free to join development as an individual, a group, or a company - as many have already!Community and PrinciplesDecred is constructing a layered governance organi...
Continue on
Recent news
No posts found