Decred will change the way we think
A platform to redistribute the wealth. Who is with me?
Sebuah platform untuk mendistribusikan kekayaan . Siapa dengan saya ?
富の再配分のプラットフォーム。誰が私と一緒にですか？
Una plataforma para redistribuir la riqueza. ¿Quién está conmigo ?
Une plate-forme pour redistribuer les richesses. Qui est avec moi?
Een platform om rijkdom te herverdelen . Wie doet er mee ?
'N platform vir die verspreiding van rykdom . Wie is saam met my ?
플랫폼 은 재산을 재분배 한다. 누가 나와 함께 있어?
Platvorm jagada rikkusi . Kes on minuga ?
Alustan jakaa vaurautta . Kuka tulee mukaan?
Platforma za dijeljenje bogatstva. Tko je sa mnom ?
Μια πλατφόρμα για την αναδιανομή του πλούτου . Ποιος είναι μαζί μου?
Платформа для перераспределения богатства . Кто со мной ?
منصة ل إعادة توزيع الثروة. من هو معي ؟
Decred is an open and progressive cryptocurrency with a system of community- based governance integrated into its blockchain.
Instant transaction by creating your own blockchain.
Decred is a digital currency that aims to build a more robust consensus system, make funding for long-term development sustainable, and bring new forms of open governance to the blockchain.
Enter Decred. A digital currency that will attempt to shift the traditional dominance that proof-of-work miners have over the network to a more harmonious relationship with other users of the software. It is through this relationship between miners and users that Decred believes an environment is created that makes sustainable funding for the development of the software possible.
Technology
Hybridized proof-of-work proof-of-stake consensus system to strike a balance between miners and voters and create a more robust notion of consensus
Blake-256 hashing algorithm – not vulnerable to many of the numerous security issues facing Merkle-Damgård construction-based hashing algorithms such as SHA-256
secp256k1 signature scheme for ease of integration into existing software or Ed25519/secp256k1-Schnorr to take advantage of Schnorr signatures and their features
Written entirely in Go using a modular, well-documented, and tested codebase for long-term maintainability.
Development
Multi-stakeholder development ecosystem that welcomes and empowers participants who want to build new and improve on existing features
Open and self-funded development via a block subsidy to ensure long-term development sustainability as project and network usage scale upward – Decred improves with use
Any party can submit feature proposals and developers are paid for work to fulfill requirements – in full view of the community in a system designed to fight against ingroup-outgroup dynamics
Main contributors are the developers responsible for btcsuite (est. early 2013 – present) – a suite of Bitcoin packages and tools, including btcd, a full node, mining capable, Bitcoin implementation .
Governance
Layered form of transparent meritocratic governance that extends beyond proof-of-work and proof-of-stake mechanisms to bring forward and represent insider and outsider voices in the community
Bottom-up decision-making through the Decred Assembly – an evolving and inclusive list of community members who make non-financial contributions to the project through their work and effort
Project bound by the Decred Constitution on the core principles of finite issuance, privacy, security, fungibility, inclusivity, and progressive development of the technology that keeps these principles together .