DECRED | COINPEDIA COMPANY LISTING AND FUNDING
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decred
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  • About

Company Info

"Decred is a decentralized cryptocurrency that aims to put coin holders in control through a unique hybrid proof-of-work (PoW) and proof-of-stake (PoS) mining system. Here are the key features of Decred:Anyone who stakes Decred has direct voting rights on network changes, proposals, and treasury spending.Stakers earn a portion of the block reward for their participation.Decred's treasury is self-funded from 10% of the block reward, ensuring consistent funding for development, marketing, and other project-related activities. Decentralized Autonomous Organization (DAO) Decred operates as a Layer 1 DAO, with a proposal platform for funding projects and stakeholder voting to approve proposals.Decred offers opt-in privacy with post-quantum secure cryptography, while maintaining a transparent and auditable coin supply.Decred has built its own DEX using atomic-swap technology, allowing peer-to-peer trading with no fees or KYC requirements.Decred's hybrid consensus system is resistant to 51% attacks, with no majority attacks to date.Decred is implementing the Lightning Network for Layer 2 scaling, alongside Bitcoin."

Company Details

Launch Date

Jun-2014

Contact Details

Social Media

  • twitter
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Primary Category

  • Cryptocurrencies

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