Decred’s Privacy Flow – Building a better Bitcoin & the legend of Satoshi Nakamoto
Decred is a hybrid proof-of-work/proof-of-stake store of value asset for the digital age. It has strong governance, good security, privacy features, and an innovative incentive alignment. If Bitcoin is about being your own bank, Decred is about being your own bank and getting to have a say in bank policy. Jake Yocom-Piatt, co-founder and project lead for Decred talks about the mysterious Decred origin story and how it relates to Satoshi Nakamoto. Plus, surveillance capitalism, Decred’s new privacy features and we listen to the ‘Privacy Flow’ hip-hop track.
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Guest:
Jake Yocom-Piatt, co-founder and project lead, Decred.
Key takeaway:
Decred is about reorganizing society around fairer games. Decred’s point of difference is the addition of a governance system on top of a hybrid proof-of-work/proof-of-stake cryptocurrency. Decred now has privacy features that compete with Monero and Zcash. Bitcoin maximalists often support two other projects – Monero and Decred.
Why you should listen:
Jake is a fascinating guy with very strong opinions. Learn why he thinks Satoshi Nakamoto was a team of at least three people and the mysterious similarities in the origin stories of Bitcoin, Monero and Decred. Plus – listen to Decred’s ‘Privacy Flow’ hip-hop track, and learn why Jake feels vindicated by Edward Snowden’s revelations.
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