Proof of Stake - DCR Comic 4
Have you voted today? A network that can't decide won't be able to adapt. Learn about Decred's Proof-of-Stake voting and the role of Stakeholders with the fourth DCR Comic.
Have you voted today? A network that can't decide won't be able to adapt. Learn about Decred's Proof-of-Stake voting and the role of Stakeholders with the fourth DCR Comic.
01 - Decred mixes Proof-of-Stake voting and Proof-of-Work mining. This combination tightens the security and gives holders the tools to lead.
02 - DCR holders can buy tickets with their coins and use them to decide how Decred operates.
03 - Each new block picks five tickets to vote at random and requires signed votes from at least 3 tickets.
04 - After voting, ticket owners get their DCR refunded and earn a share (6%) of the block reward.
05 - Stakeholders vote to approve or reject the work of the PoW miners, they can deny the miners' rewards if they misbehave.
06 - Vote for or against changes to the consensus rules.
07 - Decide on treasury expenditure proposals through Politeia.
08 - Decision makers are the users who hold the coin. Proof-of-Stake voting puts the Decred community in charge and sets the foundations for building a decentralized organization.
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