Decred Magazine is an independent publication launched in May 2022 by Phoenix Green, to cover all things Decred. If you subscribe today, you'll get full access to the website as well as email newsletters about new content when it's available. Your subscription makes this site possible, and allows Decred Magazine to continue to exist. Thank you!
What is Decred
Decred is a new type of organisation (Layer 1 - DAO), that is founded on the principles of sound money.
- 21 Million Max Cap
- Peer to peer
- with a transparent coin supply
Decred started life as peer to peer cash with a built in governance system to help it evolve. Through this evolution it has seen the need to extend on the original peer to peer premise to include peer to peer exchange. Decred is building the first crypto exchange that will be truly Decentralised, Open sources, fee-less, with an interoperability level that can see all project listed without the need for a middle men (including Decred).
Decred is Secure
Innovative hybrid Proof-of-Work/Proof-of-Stake
Decred is Secure
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, making it an order of magnitude more expensive to attack than pure Proof-of-Work or pure Proof-of-Stake.
Decred is Adaptable
Decred’s built-in governance systems empower its community with formal rights to make consensus changes and manage project-level decisions. These systems make Decred adaptable, allowing it to evolve per the will of the stakeholders, resist forks and incorporate new technology over the long run.
Decred is Sustainable
Decred continuously funds its treasury with 10% of each block reward and employs a flexible contractor model that allows contributors to receive compensation for their work. This makes Decred a sustainable and self-funded Decentralized Autonomous Organization.