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#193 Dave Collins & Jake Yocom-Piatt: Decred – A Hybrid Approach to Blockchain Governance

2,320 views · Published 26 July 2017 · 1:08:56 · Indexed 20 October 2026

Channel: Epicenter Podcast · 2017 · Science & Technology

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Dave Collins and Jake Yocom-Piatt join us to talk about Decred, a cryptocurrency which introduces an innovative system of community-based governance into its blockchain. Decred implements a hybrid Proof of Work and Proof of Stake system in which miners validate transactions, while users can vote on new features and upgrades to the protocol. This clever approach enables efficient blockchain governance, which has demonstrated to be successful in a recent protocol upgrade on the live network. 

Topics discussed in this episode:
- Dave and Jake's respective backgrounds in the blockchain space
- The challenges addressed by Decred, specifically regarding blockchain governance
- Decred's hybrid Proof of Work/Proof of Stake approach to governance
- How users of the network vote on protocol upgrade with ""tickets""
- Possible downfalls and attack vectors to this approach
- How Decred's governance model successfully implemented a hard fork on the production network
- Decred's approach to development funding

Links mentioned in this episode: 
- Decred Website: https://www.decred.org/
- Decred Documentation: https://docs.decred.org/research/overview/

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- Ledger: Industry standard security meets convenience and usability with the Nano S - http://epicenter.tv/ledger
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Epicenter is hosted by Brian Fabian Crain, Sébastien Couture & Meher Roy.

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