Cryptocurrency roundup: Bitcoin developers create new digital currency …

Bitcoin developers create new digital currency

Bitcoin developers create new digital currency

[Image Credit: futuremoneytrends.com]

Only a few people know how Bitcoin works, and even fewer know who the people—remember Satoshi Nakamoto?—behind this cryptocurrency are. Now, a handful of Bitcoin’s core developers have reportedly left the project to start a new digital currency.

In a press release, the group and makers of the widely used btcsuite announced they are building Decred, an alternative digital currency. Decred developer Christina Jepson said their goal is to address the issues of governance and development funding that Bitcoin faces today.

“The intention is not to attack what we currently have in Bitcoin, we want to recognize what has been done well, but instead we want to take that and improve on what we think can be done better,” Jepson said in a statement. “Alternatives are progress and a way forward to improve the greater ecosystem.”

The group formed a

Read more ... source: TheBitcoinNews

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