DCR Logo

Decred DCR

BUY

$20.6

-2.19% (24h)

Marketcap

$357,988,216

Volume 24h

$3,726,493


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Description

Decred (DCR) is an autonomous digital currency that implements a hybrid consensus system, combining Proof of Work with Proof of Stake. This unique model was designed to give stakeholders a direct voice in the governance of the project, preventing any single group from controlling the network. Stakeholders can vote on protocol changes and the allocation of the project's treasury, which is funded by a portion of each block reward. By prioritizing decentralization and community-led decision-making, Decred aims to build a sustainable and fair financial system for the long term.