Decred’s interpretation and use of Proof of stake is unique to the project and is referred to as ticket voting. Rather than using POS as an independent security mechanism it’s used as a verification and governance mechanism which is arguably its original intended purpose. In this video we'll look at how Decred's ticket voting system works and how you can participate.  

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

The Decred project is renown for being forward thinking and exists because the evolution of blockchain is necessary. The team behind Decred believed in the fundamentals of what Bitcoin was aiming to achieve but were aware of future events that would be near impossible to solve under the current implementation.   The Decred team also realised early on, that there were massive trade offs with the two most popular forms of blockchain protocol. But if they could combine the two and mitigate against these downsides they would be able to build a system that is hyper secure and adaptable long into the future.

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Decred and the future of blockchain security. You have to assume that as blockchain technology becomes more popular and valuable that various entities are going to want to attack the systems for large gains. If this technology becomes a true store of value or money you can guarantee that these attackers will become more sophisticated and organised. It’s for this reason you want to make sure the project is adaptable enough to protect its self over time. Decred fulfils this mission.

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Thanks to my recurring donors both anonymous and otherwise!

In this podcast, we look at how blockchain's proof of work security, solved the double spend problem and how this has formed the foundation of Decred's next generation innovation. The digital currency movement, and the projects included in this distinction were aiming to solve the problem of how to transfer money between peers without the need for a trusted third party. 

The process should also be completed in a reasonable short period of time with the assurance that the money was legitimate and hadn’t been mass-created by a centralised controlling party. To a degree these projects proved that creating a digital currency was possible but securing the system from a double spend attack was hard to achieve.

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. Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Thanks to my recurring donors both anonymous and otherwise!

In a max supply project like Decred, time can be the great equaliser. Coin distribution in the first ten years can be a strong indicator on the long term outcome of whether the project will reach its goal of becoming predominantly decentralised.  

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Thanks to my recurring donors both anonymous and otherwise!

In this podcast, we look at one of the biggest goals set for any cryptocurrency, creating the worlds first truly decentralised treasury. Decred is making massive inroads on this development. In April 2021 a vote was passed too effectively create a two factor authentication process where no coin from the treasury can be spent until the DCR ticket holders have given their approval. 

This is a missive step forward to full decentralisation. With a current worth of over $100 million, these steps have to be taken with great caution.  

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Thanks to my recurring donors both anonymous and otherwise!

Privacy is yet another one of those elements of crypto currencies that is all too often dismissed as being unimportant. It's not until privacy is gone that you will need it the most. Decred has an elegant solution to privacy that makes it functional, easy to maintain and with high throughput all without the need for a third party service provider or custodian.  

A quote by Edward Snowden sums up privacy perfectly - “Arguing that you don’t care about the right to privacy because you have nothing to hide is no different than saying you don’t care about free speech because you have nothing to say.”  

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Thanks to my recurring donors both anonymous and otherwise!

Governance in the crypto space is akin to the elephant in the room. Everyone knows it's needed but few want to acknowledge how important it is or have the ability to build the infrastructure that could successfully implement a viable system. Without exception, projects and project leaders don't have the ability or foresight to look far into the future to prepare for unknown issues.

With good governance you hedge your bets and increase your chances of being able to improve and adapt long into the future.

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Thanks to my recurring donors both anonymous and otherwise!

One of the unique properties of a cryptocurrency is a fixed and maximum supply which is in complete contrast to what we have with our fiat currencies. Where supply is infinite and money printing has become more frequent over the last ten years. In this podcast we look at how Decred has positioned itself against other cryptocurrencies and the legacy monetary system.  

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Thanks to my recurring donors both anonymous and otherwise!

Decred Fundamentals is a new series that explores how Decred works and the ethos behind the project. In this first episode, we take a brief look at how Decred has evolved the original design of Bitcoin to include best in class governance.  

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.  Find out more about Decred: https://decred.org

Thank you so much for watching! Tips are appreciated! If you wish to donate via cryptocurrency, or follow on social media, please go to my CoinTree page: https://cointr.ee/decredsociety

Thanks to my recurring donors both anonymous and otherwise!