{"id":236,"date":"2021-03-09T22:31:22","date_gmt":"2021-03-09T22:31:22","guid":{"rendered":"https:\/\/investapal.com\/TV\/?page_id=236"},"modified":"2021-03-09T22:31:22","modified_gmt":"2021-03-09T22:31:22","slug":"what-is-decred","status":"publish","type":"page","link":"https:\/\/investapal.com\/TV\/education\/what-is-blockchain-technology\/what-is-decred\/","title":{"rendered":"What is DECRED?"},"content":{"rendered":"\n

In its most basic sense, Decred<\/a> (DCR) is a fork of BTC that is completely open-source based and lays great importance on things like on-chain governance. To be a bit more specific, the platform seeks to rectify many of the issues that are currently facing the Bitcoin network to create a digital asset that is truly decentralized and autonomous.<\/p>\n\n\n\n

As per several reports circulating on the internet, it is being rumored that in 2020 Decred will deploy an innovative hybrid proof of work (PoW) and proof of stake (PoS)<\/a> consensus voting system to fight global censorship that is currently affecting a large number of people all over the world.<\/p>\n\n\n\n