What Is Decred (DCR) and How Is It Governed?
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What is Decred (DCR)?
Decred is a cryptocurrency focused on decentralized governance and long-term sustainability. It aims to solve coordination and funding issues common in blockchain projects.How does Decred’s governance work?
Decred uses a hybrid Proof-of-Work and Proof-of-Stake model. DCR holders can stake tokens to vote on protocol upgrades, treasury spending, and network changes.What makes Decred unique?
Unlike many projects, Decred has an on-chain treasury that funds development without relying on venture capital or centralized foundations.Why do long-term investors like DCR?
Its transparent governance, self-funded model, and strong community oversight appeal to investors prioritizing decentralization and resilience.