Description
Decred is a cryptocurrency designed to upgrade and evolve over time based on the input of its coinholders. Conceived by a team of Bitcoin developers, Decred empowers coinholders through a unique hybrid proof-of-work and proof-of-stake mining system that blends security, sustainability, decentralization, and user participation. Anyone who stakes Decred has direct voting rights on network changes, proposals, and treasury spending, earning a portion of the block reward for their participation. The project's treasury is self-funded from 10% of the block reward, ensuring consistent funding for development and other activities, independent of external sponsors. This structure, combined with a proposal platform and stakeholder voting, allows Decred to operate as a Layer 1 Decentralized Autonomous Organization (DAO). Key features include optional privacy, a decentralized exchange (DEX) built on atomic-swap technology, dual-layer security against 51% attacks, and scalability through the Lightning Network.
Bison Relay is a peer-to-peer social media platform that allows users to communicate freely, either by posting content publicly or through private, end-to-end encrypted chats. It leverages strong encryption for "zero knowledge communications" to protect user privacy. The platform integrates Lightning Network payments, enabling content creators to monetize their work through subscriptions or tips. Its decentralized design means no central servers can view user data or chats, thus preventing censorship.