Decred’s governance system is unique in the blockchain space. It was one of the first projects with a constitution and Decred stakeholders are continuously voting to improve the project. The governance system is based on three important aspects:

  • Block votes to check the PoW miners
  • Consensus votes to update the blockchain
  • Politeia votes to determine budgets and policies

For more information, visit the governance section of the Decred docs.

Governance is enabled by Decred’s hybrid PoW+PoS consensus system.