Published On: Thu, Oct 26th, 2017

Decred Launches Proposal System to Advance Blockchain Governance

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Decred, which describes itself as an autonomous “digital currency for the people,” is announcing the launch of an “intelligent” blockchain proposal system. Powered by Politeia, a stand-alone tool for off-chain data storage, the system allows anyone in the community to submit a formal proposal for the evolution of the Decred platform. This proposal is time-stamped, versioned and permanently stored in an off-chain repository to promote transparency and eliminate the possibility of censorship.“Decred is Bitcoin as it should have been,” argued crypto investor Jon Creasy. According to Decred evangelists, Bitcoin was conceived as a …

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