Decred is a decentralized autonomous organization (DAO) and blockchain-based cryptocurrency (DCR) that launched in 2016. Its core mission is to solve the problem of blockchain governance. By integrating a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus system, Decred empowers its stakeholders to vote directly on protocol upgrades and the allocation of its decentralized treasury funds via a governance platform called Politeia. This structure is designed to prevent contentious hard forks, align incentives between users and developers, and ensure the long-term sustainability and adaptability of the project.

Founded in

United States