Decred Description

Decred utilizes a groundbreaking hybrid system that combines proof-of-work and proof-of-stake, enhancing security while aligning community incentives effectively. This dual approach significantly increases the cost of potential attacks, surpassing the risk levels associated with either proof-of-work or proof-of-stake alone. With robust governance mechanisms, Decred empowers its community to participate in consensus changes and oversee project decisions, ensuring that stakeholder interests drive its evolution. As a result, Decred is capable of adapting to changes, integrating new technologies, and resisting forks over time. The project sustains itself by allocating 10% of every block reward to its treasury, coupled with a flexible contractor model that compensates contributors for their efforts. This structure positions Decred as a self-sustaining decentralized autonomous organization. Additionally, users can utilize DCRDEX within Decrediton to cast votes on four proposed consensus changes, making it an opportune moment to upgrade to the 1.7 release. Make sure to engage with the community and explore the latest features available!

Integrations

Reviews

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Company Details

Company:
Decred
Website:
decred.org

Media

Decred Screenshot 1
Recommended Products
Gen AI apps are built with MongoDB Atlas Icon
Gen AI apps are built with MongoDB Atlas

The database for AI-powered applications.

MongoDB Atlas is the developer-friendly database used to build, scale, and run gen AI and LLM-powered apps—without needing a separate vector database. Atlas offers built-in vector search, global availability across 115+ regions, and flexible document modeling. Start building AI apps faster, all in one place.
Start Free

Product Details

Platforms
Web-Based
Types of Training
Training Docs
Training Videos
Customer Support
Online Support

Decred Features and Options

Decred User Reviews

Write a Review
  • Previous
  • Next