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raedah
searching PlanetScale…
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A Vision of Cryptocurrencies Future
(medium.com)
2 points
by
raedah
5y ago
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0 comments
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by
raedah
5y ago
Decred solves this. In hybrid PoW/PoS, coin holders vote with their equity. Skin in the game provides the greatest incentive for proper decision making. Decred was started by Bitcoin developers early on when they saw that Bitcoin had a
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by
raedah
5y ago
StakeShuffle on Decred uses high volume coinjoins with a huge participation level due to integration with Decred's staking system. It can be used in the Decrediton desktop app gui. Nearly half of all the DCR in circulation now are usin
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by
raedah
6y ago
"Clearly, this expenditure pattern is a massive misallocation of resources. The last 20% of network hashpower provides vastly less value to the ecosystem than those same resources would if they had gone into research and core protocol
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by
raedah
6y ago
The largest downfall in PoS is how the new coins go to existing coin holders, causing the rich to get richer .. centralizing the ownership of the network. PoW miners have hard cost to pay in the competitive market and the profit margins ten
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by
raedah
6y ago
Decred's voting analytics is supreme. https://dcrdata.decred.org/proposals
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by
raedah
7y ago
The Decred open source project approves spending on proposals based on stake holder vote, 60% yes for approval. https://dcrdata.decred.org shows $17m in the treasury currently. Votes are the final say. Current and past votes are