Decred is an open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain.
Decred is a cryptocurrency, similar to Bitcoin, with a strong focus on community input, open governance and sustainable funding and development. It utilizes a hybrid “proof-of-work” and “proof-of-stake” mining system to ensure that a small group cannot dominate the flow of transactions or make changes to Decred without the input of the community. A unit of currency is called a ‘decred’ (DCR). To ensure the integrity of the currency and prevent people from making fraudulent transactions or creating their own coins, Decred uses a method of recording transactions known as a blockchain.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jun 14, 2018 | Series Unknown | — | 3 | BlueYard Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
BlueYard Capital | Yes | Series Unknown |
Inflection | — | Series Unknown |
Placeholder | — | Series Unknown |