$DCR is trading at approximately $15.86 USD, reflecting a 7.63% increase over the previous close
Decred employs a hybrid PoW PoS consensus mechanism. Miners use PoW to secure the network and validate transactions, while PoS allows stakeholders to participate in governance by voting on proposals and validating miner work. This hybrid approach enhances security and decentralization by ensuring no single group controls the network.
The project also features a self-funding treasury system, where a portion of block rewards is allocated to a development fund controlled by stakeholders.
This model ensures continuous and sustainable development without relying on external funding sources.
For more information about Decred, you can visit their official website