"Decred" TAG

Decred
  • research
Decred is a governance-focused cryptocurrency that uses a hybrid PoS/PoW model. Introduction Jake Yocom-Piatt, Decred’s founder, developed a series of concerns about Bitcoin while working on btcsuite, including: Ineffective and inefficient governance Lack of funding for protocol development The outsized influence of Proof of Work miners on development decisions Jake Yocom-Piatt, who would later lead...
2019 Review: Distributed Governance
  • research
Any project considering how to manage the trust of its various stakeholder groups may find insights from how projects grappled with key issues in 2019, be they questions surrounding financing project developments to challenges involving stakeholders in different forms of decision making. Project activity for the year, overviewed in the following calendar, summarizes many of...
Distributed Governance: Beyond Token-based Voting
  • research
While Melonport and DAOstack’s particular criticisms are not unprecedented, the launch of Melonport’s DAO and project’s trialing of Alchemy’s adoption are indicative of the industry’s willingness to experiment with novel modes of governance. DAOstack’s Alchemy toolset, which allows organizations to reward or revoke non-transferable reputation to individuals (i.e. Ethereum addresses) on various configurable bases, resembles...
Decred
  • research
Jake Yocom-Piatt, Decred’s founder, developed an outlook on Bitcoin while working on btcsuite that would come to inform Decred’s development. Bitcoin, in Jake’s experience, had an ineffective and inefficient governance structure, lacked funding for protocol development, and inadvertently gave Proof of Work miners outsized influence on development decisions. Decred’s design and architecture intends to address...