Decred

Decred is a blockchain-based digital asset built with open-source code. The Decred crypto was poised to become a solution to the problem of Bitcoin’s decision-making becoming more and more centralized through the dominance of mining pools. Decred coin (DCR) uses a hybrid mining protocol, implementing both Proof-of-Work and Proof-of-Stake mechanisms simultaneously. DCR coin holders can either validate transactions for a staking reward or participate in the mining process. The POS-based infrastructure of the Decred coin allowed it to structure a voting system that requires no hard forks to move the network to a new set of rules. Several cryptocurrency analysts and experts have stated that the governance technology of the coin constitutes much of Decred’s value. Check out the latest Decred price on Coin360.com. The latest Decred market cap, news and relevant DCR price on Coin360.com.