advancing blockchain technology through governance · •tier 1 is an on-chain vote •binding via...

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Advancing Blockchain Technology Through Governance Miami, FL, 2018.01.20

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Page 1: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

Advancing Blockchain Technology Through GovernanceMiami, FL, 2018.01.20

Page 2: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

Introduction

Marco Peereboom• Decred New Systems Development

• CTO of Company 0 LLC

Page 3: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

Governance?

BOOORING!!!

Governance ZZZ

Page 4: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

•Digital autonomous currency

•Created to address a crisis of governance in Bitcoin

•Puts Decred holders in charge of governance, not miners or developers

•Governance system is opt-in and uses Proof-of-Stake

What is Decred?

Page 5: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

•Self sustained

•PoW/PoS hybrid consensus

•Staking and Voting

•Tension and incentives

•Forefront of innovation

Decred features

Page 6: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

•Recent innovations:•On-chain voting•Lightning Network•Cross-chain atomic swaps

•Future:•Politeia platform•Mobile•Enhanced user privacy•Convert Decred to DAE (or DAO)

Decred highlights

Page 7: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

•Dispute resolution

•Future proofing and scalability

•Censorship resistant voting

Decred governance

Page 8: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

•Two-tiered proposal & voting system

•Tier 1 on-chain voting

•Tier 2 off-chain proposal

Decred governance tiers

Page 9: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

•Tier 1 is an on-chain vote•Binding via dormant code•Controlled hard-fork•Used to implement consensus and protocol changes•Enables Decred to scale into the future •Future proofing

Decred governance Tier 1

Page 10: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

•Tier-2 off-chain community proposals•Binding via on-chain anchoring•Feature requests •Disbursement schedule•Non-technical use of development funds

Decred governance Tier 2

Page 11: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol

Interrogative

Questions?Thanks!Decred Project

Page 12: Advancing Blockchain Technology Through Governance · •Tier 1 is an on-chain vote •Binding via dormant code •Controlled hard-fork •Used to implement consensus and protocol