Decred

About Decred

DCR is a cryptocurrency launched in 2016, designed as a community-directed digital currency focused on long-term store of value. What sets Decred apart is its hybrid proof-of-work and proof-of-stake consensus mechanism, which gives stakeholders direct voting power over protocol changes and treasury spending. This governance model positions Decred as one of the earliest attempts at a truly decentralized autonomous organization. The DCR ecosystem supports on-chain voting, a self-funded development treasury, and privacy features, making it a self-sustaining network governed by its own participants rather than outside developers or corporations.