Decred is an open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain.
The Project is based on the Decred Constitution, which contains core principles such as finite issuance, privacy, security, fungibility, inclusivity, and progressive development of the technology.
* Technology:
Hybrid proof-of-work proof-of-stake consensus system to strike a balance between miners and voters and create a more robust notion of consensus. Written entirely in Go using a modular, well-documented, and tested codebase for long-term maintainability.
* Development:
Multi-stakeholder development ecosystem that welcomes and empowers participants who want to propose new or improve on existing features. Open and self-funded development via a block subsidy to ensure long-term development sustainability as project and network usage scale upward – Decred improves with use.
* Governance:
Layered form of open-source governance that extends beyond proof-of-work and proof-of-stake mechanisms to bring forward and represent insider and outsider voices in the community. Bottom-up decision-making through the Decred Assembly – an evolving and inclusive list of community members who make non-financial contributions to the project through their work and effort.
The Project is based on the Decred Constitution, which contains core principles such as finite issuance, privacy, security, fungibility, inclusivity, and progressive development of the technology.
* Technology:
Hybrid proof-of-work proof-of-stake consensus system to strike a balance between miners and voters and create a more robust notion of consensus. Written entirely in Go using a modular, well-documented, and tested codebase for long-term maintainability.
* Development:
Multi-stakeholder development ecosystem that welcomes and empowers participants who want to propose new or improve on existing features. Open and self-funded development via a block subsidy to ensure long-term development sustainability as project and network usage scale upward – Decred improves with use.
* Governance:
Layered form of open-source governance that extends beyond proof-of-work and proof-of-stake mechanisms to bring forward and represent insider and outsider voices in the community. Bottom-up decision-making through the Decred Assembly – an evolving and inclusive list of community members who make non-financial contributions to the project through their work and effort.
Location: Haiti, Artibonite Department, Saint Michel de l’Attalaye
Employees: 51-200
Founded date: 2016
Investors 4
Date | Name | Website |
- | Inflection... | inflection... |
- | Block Vent... | block.vent... |
27.05.2021 | Blockchain... | blockchain... |
- | Codex Vent... | codexventu... |
Mentions in press and media 14
Date | Title | Description |
11.05.2022 | 20 Top Innovators Building The Chicago Crypto And Web3 Ecosystem | From NFTs to token sales and memes, there is no shortage of hype around crypto. Beneath this noise, though, Chicago has been hard at work creating a premier crypto and Web3 ecosystem driven by purposeful public and private leadership. Build... |
24.01.2022 | Decred Announces System Improvements, Included Quantum Computing Protection, in V1.7 | Digital currency Decred (DCR) has added post-quantum secure mixing to Stakeshuffle, its opt-in privacy system, the company said today. The release of Decred v1.7 provides protection for privacy of mixed coins against quantum computers, a mo... |
27.10.2021 | Decentralized Digital Currency Project Decred (DCR) Reaches Governance Milestone of 77% Voter Participation | Decred (DCR), a virtual currency that prioritizes security and scalability, has announced a new governance milestone. As mentioned in an update shared with Crowdfund Insider, voter participation reached 77% for a proposal, which reportedly ... |
20.08.2021 | A Beginner’s Guide to Atomic Swaps | Atomic swaps are automatic exchange contracts that allow two parties to trade tokens from two different blockchains. Sometimes referred to as atomic cross-chain trading, this type of mechanism completely eliminates the need for centralized ... |
31.03.2020 | Remote Working Proves Unexpected Hero as Half of US Economy Shifts to Home Offices | As economists scramble to assess the devastating impact of the coronavirus, they’re homing in on an unexpected hero that’s mitigating the damage in the U.S.: remote working. With offices across the country closed and people stuck in their h... |
03.02.2020 | Blockchain: Can Africa Successfully Leapfrog its Way into the Future? | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
08.01.2020 | The future of digital currencies in Africa? Meet Decred the autonomous digital currency | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
07.11.2019 | Zcash Trademark Talks Were About More Than a Logo | Electric Coin Company (ECC), the firm led by zcash creator Zooko Wilcox, officially shared the zcash trademark with the Zcash Foundation (ZF) on Wednesday. Sources with knowledge of the trademark negotiations told CoinDesk talks were more c... |
03.05.2019 | Blockchain Industry Comments on Expected Facebook Cryptocurrency: “Facebook is the antithesis of what Cryptocurrency stands for.” | Crowdfund Insider reported earlier today that more rumblings on Facebook’s entrant into the cryptocurrency sector have emerged. In a WSJ report, it was disclosed that Facebook is expected to issue its own crypto dubbed FBCoin. The digital c... |
03.01.2019 | How to Last the Crypto Winter? Seek Simplicity, Manage Complexity | Jake Yocom-Piatt is the Project Lead for Decred, a hyper-secure, adaptable and self-funding digital currency. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. 2018 year in review In 2018, we have seen the crypto... |
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