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Scaling the blockchain: Why Decred chose to scale using the Lightning Network - Moving Forward
The scaling debate is an interesting topic that has got extremely heated over the last few months. With advocates for both sides putting forward valid points. Personally, I don’t think it’s a binary decision, “one way is not always better than the other”. In each example, there are trade-offs, and depending on your position, you will likely decide in favour of one or the other.
In this video, we’ll have a look at some of these arguments and identify why Decred has taken its scaling route.
Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.
Find out more about Decred: https://decred.org
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