What is Decred?
Decred (DCR) is a platform that uses blockchain technology and is suitable for transferring peer-to-peer values. The technology behind the platform shows great similarities with the technology behind Bitcoin, which is not surprising now that Decred was started by a few developers who previously contributed to Bitcoin. The main difference is that Decred does not use the Proof-of-Work consensus mechanism, but a combination of Proof-of-Work and Proof-of-Stake. Decred believes it has developed a fairer system for making decisions within the community.