Decred
About
Decred is a community-directed cryptocurrency that combines proof-of-work mining with proof-of-stake voting to create a hybrid consensus mechanism. Launched in 2016, Decred emphasizes decentralized governance through its Politeia proposal system, where stakeholders vote on protocol changes, project direction, and treasury spending. The project features a built-in treasury funded by 10% of block rewards, atomic swaps support, and a privacy mixing protocol called CSPP (CoinShuffle++). Decred is notable for its sustainable funding model and stakeholder-driven decision making.
Crypto DAOs
Decred features one of the earliest and most robust on-chain governance systems through its Politeia proposal platform, where DCR stakeholders vote on project direction, spending, and protocol changes.
Crypto Security
Decred provides optional transaction privacy through its CSPP (CoinShuffle++) mixing protocol, enabling users to anonymize their DCR holdings through decentralized mixing.
L1 Blockchains
Decred is a Layer 1 blockchain with a unique hybrid proof-of-work/proof-of-stake consensus mechanism that gives stakeholders direct voting power over protocol upgrades and treasury spending.
