Decred employs an innovative hybrid Proof-of-Work/Proof-of-Stake system that layers security and carefully aligns incentives. This system yields the best of both worlds, making it an order of magnitude more expensive to attack than pure Proof-of-Work or pure Proof-of-Stake.
Decred’s built-in governance systems empower its community with formal rights to make consensus changes and manage project-level decisions. These systems make Decred adaptable, allowing it to evolve per the will of the stakeholders, resist forks and incorporate new technology over the long run.
Decred continuously funds its treasury with 10% of each block reward and employs a flexible contractor model that allows contributors to receive compensation for their work. This makes Decred a sustainable and self-funded Decentralized Autonomous Organization.
Latest News and PostsSee more →