What is Decred? DCR Token Explained Simply

2 years ago
4

Decred is described as a community-directed superior store of value. Decred employs an innovative hybrid Proof-of-Work/Proof-of-Stake system that layers security and carefully aligns incentives. This system yields the best of both worlds. The community can vote on consensus changes and manage project-level decisions. DCR is the ecosystem token and it can be traded on exchanges such as Binance, Bittrex, KuCoin, Huobi, etc.

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