Decred Reviews

Decred Description

Decred employs an innovative hybrid proof-of-work/proof-of-stake system that layers security and carefully aligns incentives. This system combines the best of both worlds. However, it is more costly to attack than proof-of work or proof-of stake. Decred's governance systems give its community formal rights to make consensus changes, manage project-level decisions, and grant them formal rights. These systems allow Decred to be flexible, allowing it adapt to the needs of its stakeholders, resist forks, and incorporate new technology over time. Decred continues to fund its treasury by paying 10% of each block reward. It also employs a flexible contractor structure that allows contributors to be compensated for their work. Decred is a self-funded autonomous decentralized organization that is sustainable. You can vote on four new consensus changes using DCRDEX within Decrediton. Upgrade to 1.7 now!