Decred - Researchly

Decred

Ticker: DCR | Operating Status: Active

Decred is a cryptocurrency that solves blockchain governance.It 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-ofwork
(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. (https://www.decred.org/business_brief.pdf)

Operating Since: 10.02.2016
Company Type: Non-Profit
Location: Worldwide
Website: n.a.

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Takeaways from Decred's (temporary) off-chain governance through Councils

Decred: (temporary) off-chain governance through Councils Decred, a currency with focus on privacy (see Privacy coins vs. coins with a privacy feature: analysing privacy coins and Market map privacy coins, protocols, and platforms: cryptos bringing privacy to blockchain for more on privacy coins) relies (currently) on off-chain governance. In the future,…

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Decred's Funding governance

This post describes Decred's funding governance. Decred is a currency with focus on privacy (see Privacy coins vs. coins with a privacy feature: analysing privacy coins and Market map privacy coins, protocols, and platforms: cryptos bringing privacy to blockchain for more on privacy coins). Furthermore, funding governance is one of the…

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