Market Data
About Decred
Decred (DCR) is a community-directed digital currency designed to be a long-term store of value through a focus on decentralization, sustainability, and governance. It utilizes a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism to ensure that no single group can dominate the network. Decred operates as a decentralized autonomous organization (DAO), allowing coinholders to vote on project development and protocol upgrades to ensure the network evolves according to community input.
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