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Cypherpunk Times

DCRDATA Proof of Work Charts - Decred Fundamentals

23 May 2022

Description

Hopefully, by now you’re getting a good understanding of how powerful a block explorer is and how DCRDATA is leading the way in pretty much every area compared to other block explorers. As previously discovered, each block contains a massive amount of information. This information has been permanently stamped on the blockchain and can be accessed at any time. Individual blocks on their own will build a small picture of what’s happening on-chain, but when you put all the blocks together, the picture tells a much bigger and interesting story.  Charts let you build impressions of performance, for now, the past and for the longevity of a project. let’s start by looking at the Proof of work charts found on DCRDATA and the stories they might be telling and what you might look out for as the data progresses. For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury. Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project. Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence. * Video Content for this Podcast can be found on the Decred Youtube Channel - https://www.youtube.com/c/DecredChannel * and the Decred Society Youtube Channel - https://www.youtube.com/DecredSociety * Engage with us on Twitter - https://twitter.com/DecredSociety * Visit the website - https://www.decredsociety.com * For more info regarding Decred visit - https://www.decredmagazine.com Thank you so much for listening! If you want to support the channel please subscribe, like and comment. Tips are also appreciated! If you wish to donate via Decred $DCR, here is the Decred Society Receive Address: DscC8isCpbbSbgY9gRXLdcnLK4PmMbJeB5K

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