Decred (DCR) Launches Politeia Voting System

Cryptovest

Published Oct 17, 2018 07:02AM ET

Updated Oct 17, 2018 08:21AM ET

Decred (DCR) Launches Politeia Voting System

The Decred (DCR) project gave over its treasury governance to the community after the Politeia voting and consensus system went live this week.

https://twitter.com/decredproject/status/1052203697986363392

The Decred ecosystem now also contains a proposals page, where project funding can be approved by the community. Decred holders can buy tickets or even fractions of tickets to vote on the proposals.

The development fund contains the equivalent of around $21 million (based on today’s DCR prices) and is earmarked for paying developers to improve the ecosystem. Decred is a minable coin with an added consensus layer, which helps to both secure the system and allow voting.

“Politeia allows Decred users and stakeholders to propose, discuss, collaborate on...


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