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Decred - Currency of The Future

One of the most important aspects of a decentralized network is governance. The method by which decisions are made, funds are raised or allocated, and operations are expanded. You can view this feature as the community hall where people can voice their opinions regarding issues that directly impact their ecosystem. Governance plays an important role, as currently voices are limited in a great deal of decentralized projects. In Bitcoin for example, the miners and those funding the development path have a strong voice that can overshadow the community. As such, they will naturally favour options that resonates with their best interests. Jacob Yocom-Piatt, Decred’s Project Lead, says:

“Many people may not know that despite the technological decentralization Bitcoin has brought the world, there are serious and growing issues of centralization that rule decisions made about the present and future of the project. The Bitcoin software is controlled by a small group of people who d


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