It is a virtual currency that allows users to decide whether or not to adopt the system developed by the developer through a vote that allows users to reflect their opinions.
The approval method is a hybrid of PoW and PoS. The approval method is a hybrid of PoW and PoS, which prevents a monopoly on mining and prevents a few miners from gaining power.
Decisions are made based on the opinions of the community, regardless of miners or users, and the timeline is fully disclosed.
DCR holders are empowered fairly to form a de-centralized management system, and can freely propose their opinions to the project.
In order to participate in the PoS verification and governance process, DCRs must be staked in order to receive non-tradeable tickets on the Decred network.
Blocks generated by PoW miners will be authenticated by five randomly selected PoS validators who hold these tickets.
Influence on governance is calculated by ticket balance, not DCR balance.
When the ticket expires, the staked DCR will be refunded.
Ticket holders can use the ticket not only to validate transaction blocks, but also to vote on proposals for network changes. All changes will be published as Decred Change Propopsals (DCPs).
All changes will be published as Decred Change Propopsals (DCPs). 60% of the rewards for block generation will be PoW, 30% will be PoS, and the remaining 10% will be used to fund development.
The remaining 10% is used to fund development.
Official website : https://docs.decred.org/
Twitter : https://twitter.com/decredproject
Github : https://github.com/decred