Decred is an open blockchain and a cryptocurrency that is self-funded, open and progressive. The features inherent in cryptocurrency are decentralization, voting using bit flags, the possibility of mining, the limitation of the validity of transactions and due to the fact that the Decred system is a fork of Bitcoin, it has a uniformity of source codes.

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Jake Yocom-Piatt

RT @behindtext: pow and pos have been regular topics of discussion in the @decredproject as the result of a proposal to change the subsidy…

pow and pos have been regular topics of discussion in the @decredproject as the result of a proposal to change the subsidy split between pow and pos and its imminent activation on-chain.

instead of slavishly celebrating pow, let’s take a moment to compare it to pos.