Luke Powell is a Developer at Decred, a cryptocurrency with a strong focus on community input, open governance, and sustainable funding and development. This episode covers Decred's Politeia system and contractor model.
Content for this edition was authored by @richardred
Mar 1 - Mar 14 2019 - New proposals. approved proposals and more
In this episode I talk to Marco Peereboom, Hacker, Decred new systems development lead and CTO of company zero about the Decred project and how it aims to upend the fiat paradigm and become a global currency. Decred is a hybrid proof of work/proof of stake system that makes forking and 51% attacks nearly impossible and adds a layer of governance that's missing from Bitcoin. A very intriguing project.
Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules. Texas Bitcoin Conference 2018 playlist: https://youtu.be/tkllaH0Y0ng
Decred's proposal system, Politeia, goes into production. Politeia allows Decred users and stakeholders to propose, discuss, collaborate on, and fund new projects, initiatives, and consensus changes.
Politeia is a powerful off-chain governance tool. It empowers users to submit detailed proposals, provides a platform to review them, and allows users to vote which proposals should receive funding from the project treasury.
I?ve recently taken an interest in cryptocurrency projects that are attempting to decentralize various aspects of their governance. Decred is interesting in this regard because it aims to decentralize decision-making about both
Rather than settling for governance infrastructure that is just good enough to get the job done, we opted to create what we consider to be the ideal infrastructure for self-governance of a cryptocurrency. We call our system for storing governance data Politeia, which is based on the ancient Greek term, meaning ?a system of government?.
Decred contractors , lightning network and future proposal system with Jake Yocom-Piatt!
Today on the show we're meeting with the CTO of Company0 (the company actively developing Decred) Marco Peereboom to discuss his work on the Hard and Soft Fork Voting system and the upcoming Proposal System.