How are Decred blocks constructed? - Q&A sessions

The process of building a Decred block is actually pretty interesting and is the area that gives the project its security and efficiency.

It’s important to note that Decred’s block construction is based on a hybrid mechanism of proof of work and proof of stake. A lot of the earlier blockchains rely on one mechanism or the other, but Decred takes advantage of the best bits of both of these mechanisms.

For example, Proof of stake is used for its coin holder voting and verification properties and proof of work is used for its block production properties. Both of which combine to amplify the security and cost of attacking the platform.

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

Join the Decred community!
https://decred.org/community