Politeia: Proposals in a Timestamped Filesystem

Politeia: Proposals in a Timestamped Filesystem

Rather than settling for governance infrastructure that is just good enough to get the job done, we opted to create what we consider to be the ideal infrastructure for self-governance of a cryptocurrency. We call our system for storing governance data Politeia, which is based on the ancient Greek term, meaning “a system of government”. Politeia is a system for storing off-chain data that is both versioned and timestamped, essentially “git, a popular revision control system, plus timestamping”. Instead of attempting to store all the data related to Decred’s governance on-chain, we have opted to create an off-chain store of data that is anchored into Decred’s blockchain, minimizing its on-chain footprint. While we will use it …

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