5 Matching Annotations
  1. Jun 2018
    1. By requiring a lock up period for the DCR to obtain tickets, Decred hopes that only users invested in the long-term growth of the network will be involved in the consensus process. Short-term speculators and day traders of DCR will not be able to participate in consensus or governance without making their holdings illiquid.
    2. One concern in the Decred community is that the rising ticket price (about 100 DCR, as of mid-2018) excludes small holders from participating in governance and block validation.
    3. A Hybrid Proof of Work, Proof of Stake Crypto-currency’. The initial design of Decred was also inspired by the Proof of Activity whitepaper co-authored by Litecoin founder Charlie Lee.
    4. Block rewards are split 60/30/10 between PoW miners, PoS stakers, and a development fund controlled by community vote.
    5. The network was launched in February 2016