The project is the result of the proposed theoretical work by the PoA and MC2…
The project is the result of the proposed theoretical work by the PoA and MC2 in 2013. Decred began development in April 2014 with a single developer and expanded to include Developers from Btcsuite soon after.
Pros
Server operators never take custody of client funds.
Cons
Coin Distribution – while better than most projects I still think it presents a challenge going forward.