What is dcr?

DCR (Decred) is a digital currency that was created in 2016 by a group of former Bitcoin developers. It is a decentralized cryptocurrency that is similar to Bitcoin in many ways, but with some key differences, such as a hybrid system of both proof-of-work and proof-of-stake consensus algorithms.

DCR aims to address some of the scalability and governance issues faced by other cryptocurrencies by allowing coin holders to vote on proposals for changes to the protocol. This makes it a more community-driven cryptocurrency, giving users a say in the direction of the project.

DCR can be used for a variety of purposes, including online purchases, investments, and as a means of transferring value across borders. It can be stored in a digital wallet and traded on various cryptocurrency exchanges.

Overall, Decred is seen as a promising project in the cryptocurrency space, as it combines elements of both Bitcoin and other altcoins to create a unique and innovative platform.