Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCR] Decred - Community Governance | Bitcoin Devs | Lightning Network
by
IncludeBeer
on 26/07/2018, 19:54:12 UTC
Quote from: gtzanap on July 25, 2018, 05:31:12 AM
Quote from: IncludeBeer on July 25, 2018, 01:55:29 AM
Quote from: fittsy on July 24, 2018, 08:06:46 PM

Everything in Decred is voted on by the stake holders.

The developers write and test code for BOTH outcomes of the vote.  In the instance where a fork would occur, Decred's governance automatically selects the code based on the outcome of the vote by the stakeholders. 

https://www.cryptocompare.com/coins/guides/a-look-at-decreds-governance-system/

That's the important bit! Without being voted on, a chain split can literally not happen. The attacker would need to have so many tickets staked such that for every block in the split chain, they were assured their tickets would be called on to vote for the validity of their split chain. This is the power of the consensus model we have in Decred, and why it is prohibitive (impossible) for the chain to be split in an eth/etc manner.


That makes it clearer. Thanks!

Sure thing. Cool In case you don't know of it, check here for all Decred stats: https://dcrstats.com/ There you can see the number of PoS tickets that are live, the current cost of tickets, etc. It helps when modeling figures around how expensive such attacks would be.