advancing blockchain technology through governance · •tier 1 is an on-chain vote •binding via...
TRANSCRIPT
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Advancing Blockchain Technology Through GovernanceMiami, FL, 2018.01.20
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Introduction
Marco Peereboom• Decred New Systems Development
• CTO of Company 0 LLC
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Governance?
BOOORING!!!
Governance ZZZ
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•Digital autonomous currency
•Created to address a crisis of governance in Bitcoin
•Puts Decred holders in charge of governance, not miners or developers
•Governance system is opt-in and uses Proof-of-Stake
What is Decred?
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•Self sustained
•PoW/PoS hybrid consensus
•Staking and Voting
•Tension and incentives
•Forefront of innovation
Decred features
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•Recent innovations:•On-chain voting•Lightning Network•Cross-chain atomic swaps
•Future:•Politeia platform•Mobile•Enhanced user privacy•Convert Decred to DAE (or DAO)
Decred highlights
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•Dispute resolution
•Future proofing and scalability
•Censorship resistant voting
Decred governance
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•Two-tiered proposal & voting system
•Tier 1 on-chain voting
•Tier 2 off-chain proposal
Decred governance tiers
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•Tier 1 is an on-chain vote•Binding via dormant code•Controlled hard-fork•Used to implement consensus and protocol changes•Enables Decred to scale into the future •Future proofing
Decred governance Tier 1
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•Tier-2 off-chain community proposals•Binding via on-chain anchoring•Feature requests •Disbursement schedule•Non-technical use of development funds
Decred governance Tier 2
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Interrogative
Questions?Thanks!Decred Project
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