Support the show, consider donating:
BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg
ETH: 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935
Dave Collins and Jake Yocom-Piatt join us to talk about Decred, a cryptocurrency which introduces an innovative system of community-based governance into its blockchain. Decred implements a hybrid Proof of Work and Proof of Stake system in which miners validate transactions, while users can vote on new features and upgrades to the protocol. This clever approach enables efficient blockchain governance, which has demonstrated to be successful in a recent protocol upgrade on the live network.
Topics covered in this episode:
Dave and Jake’s respective backgrounds in the blockchain spaceThe challenges addressed by Decred, specifically regarding blockchain governanceDecred’s hybrid Proof of Work/Proof of Stake approach to governanceHow users of the network vote on protocol upgrade with “”tickets””Possible downfalls and attack vectors to this approachHow Decred’s governance model successfully implemented a hard fork on the production networkDecred’s approach to development funding Episode links:
Decred Website Decred Documentation This episode was hosted by Meher Roy & Sébastien Couture, and is availble on YouTube, SoundCloud, and our website.
