Home Coins Decred (DCR)

Decred (DCR)

Decred, which stands for decentralized credit, is a digital currency that uses a community-based governance model to determine the future of its blockchain protocol.

Decred was created and designed with the core mission of solving the problem of blockchain governance. Bitcoin in particular has experienced a lot of problems with the community not being able to agree upon protocol changes. Issues such as the block size debate has split the community, with a resolution yet to be found.

Decred employs a unique hybrid of PoW and PoS mining to decentralize the decision-making process. You can read more about this hybrid system in the Decred whitepaper.

The Decred team is made up of developers who volunteer their time and choose to remain pseudo-anonymous. The best way to interact with the community and find out more is through Decred’s reddit, Discord and Telegram channels.
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