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Decred DCR

€15.67

-1.48% (24h)

Marketcap

€264,899,884

Volume 24h

€5,009,491


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Description

Decred is a cryptocurrency that emphasizes community-driven governance and sustainable development.

It combines both proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms, offering a hybrid system that ensures network security and decentralization.

Decred allows stakeholders to propose and vote on protocol changes, ensuring that the network evolves in a way that is aligned with the interests of its users.

The project prioritizes decision-making that reflects the needs of its community and emphasizes long-term growth.

The governance model of Decred includes a treasury system, where a portion of mining rewards is allocated to fund future development and community initiatives.

This governance structure enables Decred to adapt to new challenges, ensuring the cryptocurrency’s resilience and longevity.