Author

Topic: How does Decred claim to fix the current Bitcoin problems? (Read 408 times)

legendary
Activity: 2730
Merit: 1068
Juicin' crypto
when WBB (DLS) owners of 1ex.trade drop their new wallet in the coming weeks, everyone will see how it changes the game in crypto and fixes any current issues ppl have with bitcoin and the blockchain.  Cool Wink
legendary
Activity: 1358
Merit: 1014
Decred claims to have found the solution for the Bitcoin governance problem. Of course whenever I hear someone claiming to have fixed what Bitcoin can't, I think it's a scam. Upon further research they seem to use a PoS/PoW hybrid solution in which voting happens.

I can't keep up with so much stuff right now so I would like anyone to explain to me why Decred is worth anyones time and money.

Mindless shills don't try to sell me your bags because they you are obvious to me.

I don't get Decred governance model, it's based on assumption that PoS and PoW groups will balance each out on making compromise decisions. Theoretically thats possible. But in practice miners would be still biggest PoS stakeholders. Or I am missing something?

Looks like they are being naive in thinking this will not get gamed when (if ever) Decred gets as big as Bitcoin. I don't believe the idea is new enough to replace bitcoin. We have already seen PoS/PoW hybrid solutions with reputation mechanism and I don't think it's robust enough to think this is a so called bitcoin killer.
member
Activity: 84
Merit: 10
StuffGoGo Developer
Decred claims to have found the solution for the Bitcoin governance problem. Of course whenever I hear someone claiming to have fixed what Bitcoin can't, I think it's a scam. Upon further research they seem to use a PoS/PoW hybrid solution in which voting happens.

I can't keep up with so much stuff right now so I would like anyone to explain to me why Decred is worth anyones time and money.

Mindless shills don't try to sell me your bags because they you are obvious to me.

I don't get Decred governance model, it's based on assumption that PoS and PoW groups will balance each out on making compromise decisions. Theoretically thats possible. But in practice miners would be still biggest PoS stakeholders. Or I am missing something?
full member
Activity: 560
Merit: 111
legendary
Activity: 1358
Merit: 1014
Decred claims to have found the solution for the Bitcoin governance problem. Of course whenever I hear someone claiming to have fixed what Bitcoin can't, I think it's a scam. Upon further research they seem to use a PoS/PoW hybrid solution in which voting happens.

I can't keep up with so much stuff right now so I would like anyone to explain to me why Decred is worth anyones time and money.

Mindless shills don't try to sell me your bags because they you are obvious to me.
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