Decred is a cryptocurrency designed for P2P payments in a similar vein as Bitcoin, albeit with a focus on governance through a hybrid PoW/PoS consensus architecture. While not a fork of Bitcoin, Decred utilizes several of its design elements and explicitly aims to improve upon Bitcoin’s perceived shortcomings. Decred emphasizes governance input for all stakeholders through an on-chain voting and public proposal system; it was the first blockchain to implement an on-chain, token holder-approved hard fork.
Cryptocurrency volatility (part 1): In the wild cryptocurrency markets, Bitcoin is the least stressful
Cryptocurrency markets are notoriously volatile. Over the course of months and years, they can return or decline orders of magnitude in value. Over the course of days, they can double or treble. It’s not a market for the faint-hearted. Among cryptocurrencies, Bitcoin is the least volatile, day to day.
What is bitcoin used for? This is an important question, but there are many reasons this is very difficult to answer.