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Why did you create the Dynamic Proof-of-Commitment protocol for Gini’s Trust Protocol?

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Because we didn’t want to use PoW due to the excessive energy consumption. And we didn’t want to use pure PoS because the politics of other PoS-based blockchain projects has been a huge distraction for them and the entire industry. We’ve seen fighting clans in other communities that have literally hijacked their community and held everybody hostage on governance issues because they wanted to vote themselves more money. We didn’t want our community to suffer like that; so, our Dynamic Proof-of-Commitment protocol is designed to be much more egalitarian and truly consensus-driven compared to PoW and PoS, which leads to much more stable governance.

You can also read a more technical exploration of Gini's Dynamic Proof-of-Commitment Protocol.


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