Decred is a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) cryptocurrency that offers many benefits over a pure PoW or PoS blockchain.
Decred is a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) cryptocurrency that offers many benefits over a pure PoW or PoS blockchain.
Yet again, it?s been another busy few months for Decred! In the wake of the Atomic Swap release we?ve had several new developers jump aboard, three new exchange listings, a growing presence at conferences and events, and a new Decred community YouTube show.
In late 2015 a group of Bitcoin developers proposed a solution to the governance crisis plaguing the Bitcoin network. As the creators of btcsuite - an alternative full node implementation of Bitcoin written in Go - they had first-hand experience of the problem.
So, you know that Decred aims to take decentralization to a whole new level, right? We?re talking a decentralized cryptocurrency with decentralized decision-making, decentralized funding, and decentralized development. Just when you thought the future of Decred couldn?t get any more decentralized, the release of a new tool has taken the concept one step further!
Over the last few months we have seen a steady rise in demand for Decred right across the board. We?ve had a big increase in the number of people joining our community on all social networks, hash rate is booming, and relative to inflation the circulating supply of Decred is dropping!
In this story we uncover the cypherpunk roots of the Decred Project. Many within the Decred community assumed that the current project organizer, Jake Yocom-Piatt, founded Decred right from the start. However, after doing a little digging, it appears this isn’t the case.