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Decred DCR

Digital payments and stakeholder governance.

Decred is a public digital-currency network that combines mining with stakeholder voting. DCR is its native coin.

What is Decred?

Decred combines proof-of-work mining with proof-of-stake tickets. Miners propose blocks and selected tickets vote on their validity. Stakeholders can also participate in decisions about protocol changes and project funding.

Buying a voting ticket locks DCR until protocol conditions are met; it is not an immediately withdrawable deposit. Voting services, wallet security, and token-price changes introduce risks.

Why people pay attention

  • Digital transfers

    DCR can move between compatible wallets.

  • Hybrid consensus

    Mining and ticket voting share network responsibilities.

  • Governance

    Stakeholders participate in project decisions.

Origins & development

Decred launched in February 2016 with its hybrid mining and stakeholder-voting design. Its governance mechanisms distinguish it from a mining-only digital currency.

Explore more

Related stories and learning resources will be added after editorial review.

Sources & further reading

Draft — editorial review pending

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