An alliance of developers have already begun work on a new cryptocurrency, Decred. The new currency is based upon the same Bitcoin model that was previously used with all other cryptocurrencies. However, Decred is saving the main technical features of Bitcoin and fixing all of the issues that Bitcoin had. While the only clear contributors to the project are community-based such as are Github users, it can be assumed that the developers have a large amount of experience with Bitcoin development, and may even be the original Bitcoin Core developers. Decred will serve as a hybridized proof-of-work/proof-of-stake consensus system that …

Cointelegraph once again reached out to a handful of crypto entrepreneurs regarding their experiences of starting a business in the cryptocurrency industry. In a follow-up to our previous article on “5 Don’ts for Bitcoin Startups,” here are the next six caveats that will help startups get off the ground in this volatile landscape. 1. Don’t Ignore Demand The most fundamental thing to consider when starting a business is to know whether your product or service is actually needed or whether it will be in demand sometime in the near future. This includes analyzing the market, knowing your target audience, and …