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Blockchain Sovereignty and Blockchain Integration for Businesses

28:21

Most cryptocurrencies, e.g. Bitcoin, use a pure Proof-of-Work consensus system, but this system has shortcomings that create instability. In this session, Decred Project Lead Jake Yocom-Piatt discusses how hybridization of Proof-of-Work and Proof-of-Stake can realign incentives to provide a sustainable system with a more traditional sovereignty model. Corporate stakeholders learn that by making creative use of the timestamping properties of existing blockchains, it is possible to obtain many of the benefits of a blockchain, without requiring development of a custom specific-use blockchain.

This video appeared in the story

May 1, 2018

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