Decred (DCR) is an open-source, Bitcoin fork that places emphasis on development funding, on-chain governance, and consensus mechanisms.

Launched in Feb 2016 by the Bitcoin developers behind btcsuite (an alternative full-node Bitcoin implementation written in Go (golang), Decred successfully orchestrated an on-chain user-activated consensus vote, which is emblematic of the project's emphasis on community-driven stakeholder governance. Other features of the project include a hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system, a public proposal platform, smart contracts, cross-chain atomic swaps, and cross-platform wallets.

Luke Powell is one of the lead developers and has been working largely on Politea for the last two years. In the episode we discuss the project at a high level, understand how the community gets involved, and how Decred can possibly act as a hedge against Bitcoins possible failure due to varying governance systems. 

To learn more about the project, go to docs.decred.org