The main Decred network was launched on February 8, 2016 by company O and its CEO Jake Yocom-Piatt, a Chicago-based company that develops tools for Bitcoins. Decred 1.0, which is a hybrid system between PoW and PoS, was officially launched on April 25, 2017. Decred uses a modular code base to adapt and scale changes in blockchain technology allowing its features to be added or removed more easily than any other cryptocurrencies. Decred is considered as a good alternative to bitcoin as it uses lightning network to process near-instant DCP micropayments for smart contracts.
This data was last updated 2021-05-06 20:38:06 UTC