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DCR

DCR is the ticker symbol for Decred, a cryptocurrency launched in 2016 by a community-driven project that aims to improve upon Bitcoin's governance by integrating staking and on-chain decision-making with the coin's consensus.

The Decred protocol uses a hybrid consensus mechanism combining proof-of-work and proof-of-stake. Miners secure blocks through

Governance and treasury: A portion of block rewards is diverted to a treasury that funds development and

Economics and supply: The block reward is allocated among miners, ticket voters, and the treasury, with approximately

Technology and ecosystem: Decred codebase is written in Go, with core components such as dcrd (full node),

PoW,
while
holders
of
Decred
(DCR)
can
purchase
governance
tickets
to
participate
in
on-chain
voting
on
block
validations
and
protocol
upgrades.
community
initiatives.
Decred
also
features
Politeia,
a
proposal
system
where
stakeholders
can
submit
and
vote
on
proposals,
including
funding
requests.
60%
to
PoW
miners,
30%
to
stake-voting
participants,
and
10%
to
the
treasury;
the
hard
cap
is
around
21
million
DCR,
ensuring
a
finite
supply.
dcrwallet
(wallet),
and
dcrdata
(block
explorer).
The
project
emphasizes
governance,
interoperability
with
other
wallets,
cross-platform
support,
and
community-led
development.