Blockchain technology has shown that it is possible to disintermediate the storage and transmission of value. Steven Wagner explains how the Decred project has taken blockchain technology one step further by decentralizing the process of political decision making by implementing on-chain voting by users. You’ll learn the benefits of upgradable consensus rules and how to orderly transition a blockchain from one set of consensus rules to another. Decred innovates upon the foundation laid by Bitcoin by implementing processes that address Bitcoin’s greatest challenges while creating a framework to competently address future contentious issues.
Steven Wagner has been a full-time member of the Decred Project for the last three years and is a senior contributor. Working closely with the community, he designed Decred’s “stake diff” ticket price algorithm. He has contributed code to several other blockchain open source projects and has given talks on Bitcoin and blockchain technology. Since the late ’90s, he has worked cross-functionally in IT and development and helped accelerate the culture of collaboration through Agile methods.
©2018, O'Reilly Media, Inc. • (800) 889-8969 or (707) 827-7019 • Monday-Friday 7:30am-5pm PT • All trademarks and registered trademarks appearing on oreilly.com are the property of their respective owners. • firstname.lastname@example.org