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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
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