Post
Topic
Board Altcoin Discussion
Re: Thoughts about Decred
by
CoinHoarder
on 03/01/2016, 01:36:38 UTC

To express it like that is to risk misleading people.

The notion of “voting” on issues was discussed on the CLAMS thread: https://bitcointalk.org/index.php?topic=623147.msg13349322#msg13349322


Cheers

Graham

To express that we're risking misleading people is itself misleading.  PoS votes in the Decred lottery system can be used to vote for or against a new consensus rule, which allows stakeholders to vote on issues on-chain.  Note that it was not claimed that this allows voting on all issues, but changes reflected in consensus code can be voted on.

Either you didn't read the CLAMS post or you completely missed the point.

Cheers

Graham


Maybe you can explain the point...? The link talks about one vote per person being impossible to do on a decentralized cryptocurrency (which is true with today's technology). However, in Decred's design, voting will be weighted by the amount of stake owned (which certainly works...)

I am looking forward to seeing where this cryptocurrency goes... they are trying innovative things and there are some good developers behind this. I suggest everyone sign up for the air drop. I like this: "The project is bound by the Decred Constitution on the core principles of finite issuance, privacy, security, fungibility, inclusivity, and progressive development of the technology that keeps these principles together."