Friday, December 9, 2022

TNABC Miami 2018 Video Report: How Decred Works, With Marco Peereboom

TNABC Miami 2018 Video Report: How Decred Works, With Marco Peereboom

What if, instead of being a traumatic and disruptive event like Bitcoin in 2017, hard forks were a managed part of the development process? That’s Decred’s novel approach to improving its protocol. Also novel is Decred’s “hybrid” proof-of-work/proof-of-stake coin distribution method, which aims to use the best of both worlds to give more participants in the ecosystem a voice in development. We spoke to lead developer Marco Peereboom on how all the pieces fit together. Interested? Check out this video report for all the facts.

Also see: TNABC Miami 2018 Video Report: Patrick Byrne Says Blockchain Will Eliminate Poverty

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Decred Governance, and Ditching the ‘Altcoin’ Label

Decred is an entirely original blockchain project — that is, it isn’t forked from any of the more well-known cryptocurrencies. Speculators have flocked to the coin as well, and it currently has a token value of around $95 USD and a $635 million market cap.

But how much does everyone know about how Decred works? And who holds the power in its hybrid work/stake world?

“Miners are always right — in their part of the world. Stakeholders are always right in theirs,” says Peereboom. Watch our interview below to judge for yourself whether Decred has the right idea, and how well it compares to other innovative blockchain governance systems, such as Dash.

Growth of the North American Bitcoin Conference

North American Bitcoin Conference TNABC logoThe North American Bitcoin Conference (TNABC) is regarded as the original major Bitcoin event in the USA, and possibly the world. Held annually in Miami every January since 2013, it staked that city’s claim as Bitcoin’s fun and business capital — growing from a few hundred bitcoin enthusiasts into a gathering of thousands, including several high-profile industry leaders. It’s a must-attend event on the blockchain calendar.

Produced by Dr. Moe Levin’s Keynote Events team, it now covers all disruptive blockchain technology issues — including smart contracts, ICOs, fintech, regulation and investment. TNABC also has international sister events, such as World Blockchain Forum in London.

Did you attend TNABC? Would you like to? Tell us all about it in the comments.

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