Decred is one of the first fully autonomous digital currencies thanks to its innovative solution to blockchain governance. Its unique consensus voting model allows stakeholders full control of the platform, giving them the right and ability to easily transition the platform to new governance rules. Features of the Decred network include the hybrid proof of stake and proof of work consensus voting mechanism.
With a focus on good governance, Decred has deployed the first direct-on-chain user-activated consensus vote. Decred’s future development is completely in the hands of its stakeholders, who are rewarded in DCR for participating in the platform’s governance through proof of stake incentives.