Home Forums coins Decred What is Decred?

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    • #27071
      Coins
      Keymaster

      What is Decred?

      Decred is a self-funding cryptocurrency with a community-based governance integrated into its blockchain. At its core, its a hybridized proof-of-work proof-of-steak (PoW/PoS) consensus system.

      Learn more: https://coins.community/dcr/

    • #28090
      Anonymous
      Inactive

      This Decred coin does have Proof-of-Work and Proof-of-Stake, and so Proof-of-Work is getting rewarded for what you invest in the system- this work does require computational power in solving cryptographic puzzles. For every solution a new block is created, and the more work you do, the more reward for you.

      Proof-of-Stake is getting rewarded for what you stake. You need to keep your coins untouched for some time to prove you are a stakeholder, and the more coins you stake, the more reward.

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