How Decred Revolutionizes Funding in Crypto With Marco Peereboom - a podcast by Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate

from 2019-01-28T01:25:56

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Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world.

Marco and I sat down to discuss how Decred is changing multiple different aspects of how cryptocurrency projects run. First off, we change a little about what Decred is and how it formed. We also discuss some of the key differences between Decred and Bitcoin, including the halving process, proof of work vs. proof of stake, and much more.

As we dive deeper, we discuss the funding model for Decred, which is the thing that interests me the most about it. Because of this funding model, Decred is a special project that has the potential to be around for a long time and have changes made that are only specified by the community.

You can learn more about Decred at https://www.decred.org/.

Decred Timestamps:

1:38 - how did you get started in crypto and what’s your background?

2:48 - What is your perception of the crypto space right now?

6:02 - What is Decred?

7:09 - Is Decred the Digital Platinum?

8:32 - how did Decred form? How is Decred changing the cryptocurrency ecosystem?

10:30 - What were some of the things you thought you could do better than Bitcoin?

13:04 - What is your position on Proof of Work vs. Proof of Stake

15:38 - How was the model for Decred Devised?

20:00 - What is Decred’s halving structure and how is it different from Bitcoin?

23:18 - What is going to happen to Bitcoin or Decred when the reward structures for miners mainly become transaction fees?

26:28 - What do you mean when you say an algorithm breaks?

28:15 - What is the funding model for Decred?

30:00 - How does the voting system work for Decred?

30:55 - Why did you choose this model?

32:06 - How does this change the ICO model?

34:21 - Will development get affected at all when the block rewards get smaller?

36:28 - what do you think is going to happen over the next 1-2 years in crypto?

38:35 - Where can people learn more about Decred?

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