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March 11, 2016, 06:20:04 PM |
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Some of the notable features of Decred, taken from the project’s website includes:
A hybrid proof-of-work and proof-of-stake technology-based consensus system that will balance consensus between miners and voters.
Open and self-funded development using a block subsidy to ensure long-term development sustainability.
Using the Blake-256 hashing algorithm.
Possible bitcoin implementation/compatibility due to the main contributors being those behind the development of btcsuite.
Bottom-up non-financial decision making through the Decred Assembly by community members contributing to the project through work and effort.
The press release adds that governance of the project is open to any participant and there will be voting for any proposals looking into software integration.
Notably, the development funding “comes from using the technology itself,” the release explains, paid to any developer who implements community-chosen proposals that will represent those “who make up the larger system.”
Decred is also inviting members of the public as well as those interested in contributing ideas and work to unconditionally sign up and join the launch of the alternative currency project by receiving Decred. The initiative to reward new contributors with Decred is seen as an effort to spread the network among as many people as possible.
Furthermore, there will be an ‘airdrop’ of 4% of the total Decred supply that will be distributed equally and unconditionally among valid participants of the project.
just think for this (coin) *********2016*********
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