Hey there rslsrkr, I'm part of the Decred community and wanted to throw in my two cents. Decred is by a number of the btcsuite developers. It was borne out of experiences contributing to the Bitcoin development ecosystem since early 2013. You can read some backstory about where it all started here. It is not about "yet another coin" - it's about exploration of technology and governance in ways that cannot be explored in the current Bitcoin development system. Here is makes the project different:

• Development capacity: A complete group of Bitcoin developers who funded themselves and didn't ask a cent from the community - the software is already written and in testing
• Inclusivity: An airdrop is open for sign up by anyone interested in a progressive and contributory community, whereby they receive coins unconditionally in an effort to distribute the network far and wide from day 1
• Sustainable funding: A development subsidy is baked into the consensus rules so that any party can enter the development ecosystem in the future and be paid for deliverables to develop Decred
• Open governance: PoW is kept in check by PoS, and issues are voted on in the blockchain so that power stays with the users' to direct development (not outside parties)
• Symbiotic with Bitcoin: Improvements in Decred benefit Bitcoin (à la btcsuite), and vice versa (Bitcoin codebase gets tested and improved)

There are more points to Decred, and I won't spam your thread. You can have a look for yourself here on Bitcointalk if you want. Feel free to message me if you have any questions.


There are no investors. In fact, no developer got any coins for free. They had to purchase them through Bitcoin and/or work. The community, however, gets the equivalent for free - and that is still open and available to anyone, you just have to fill in the airdrop form on https://decred.org. The risk is carried by the developers and they are the only ones who lose money if Decred fails. I don't know of any other project that has done this (post Bitcoin).