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by kzrdude 1651 days ago
What's decred? What's special about it and is it one of the bigger cryptos?
3 comments
chizhik-pyzhik 1651 days ago
Decred was created in 2013 as "bitcoin but with governance". You can earn it through both proof-of-work AND proof-of-stake mining. Users who participate in proof-of-stake mining can vote on proposals such as this one. (Their voting power is roughly equivalent to how many DCR they've locked up.)

It got a lot of attention when Bitcoin was having its block size limit controversy around 2015 (which led to the fork between bitcoin/bitcoin cash).

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tracedddd 1651 days ago
Decred is a cryptocurrency who’s core offering is an expanded governance system. Although at the top it’s pretty much run by the company right now.
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rolltotheriver 1651 days ago
Decred is a SOV crypto. It has governance, a treasury fund, staking rewards. It has a very low supply. So much of it is locked into the staking pool.
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SahAssar 1651 days ago
What is SOV crypto?

Searching for it seems to bring up a specific coin (https://sov.foundation/) but I'm guessing that is not what you mean.

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tromp 1651 days ago
SoV = Store of Value.

It's often used to describe a capped supply.

As if that implies preservation of value.

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