Decred
DCRPrice
$38.41
24 Hour % Change
3.15%
Market Cap
$543.93M
Volume (24h)
$900,239
USD
Linear
Log
to
Key metrics
24 Hour Low
$36.67
24 Hour High
$38.66
Net change
$1.17
24 Hour Open
$37.24
All time high
$249.55
Total Supply
14.16M
Returns (24H)
3.15%
Returns (YTD)
-44.88%
Volatility (30d)
1.22
Transaction Count (24h)
4,706
Average Transaction Fee (24h)
$0.022457
Value Transacted (24h)
$4.58M
About Decred
Category
Currency
Value proposition
Governance network
The Decred project was started in 2016 by Company 0 and launched its mainnet soon after. It was led by Jake Yocom-Piatt and other software developers who previously contributed to btcsuite. It forked bitcoin to enable a hybrid consensus system combining Proof-of-Work (PoW) and Proof-of-Stake (PoS) into the novel Proof-of-Activity (PoA). The goal was to better organize the develop and decentralization of a cryptocurrency. 60% of block rewards goes to miners and 30% goes to stakeholders to allow for checks and balances. The final 10% is a subsidy to an autonomous treasury that disperses funding to projects based on voting through the blockchain. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.
Disclaimer
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Foundations - Consensus: Distributed
Coinbase is looking at adding eight more tokens to its current lineup.
Staking is getting attention for all the wrong reasons, and it’s time to re-examine its role, argues Decred's Jake Yocom-Piatt.
Decred's Jake Yocom-Piatt explains in this exclusive op-ed why he thinks information asymmetry is a key factor driving the manic buying and panic selling cycles in the crypto markets.
Decred is handing control of its $21 million treasury and all aspects of the protocol, from consensus through staffing, over to token holders.
Investors are looking forward to Decred's new approach to blockchain governance – in part, because its devs are opening up $20 million in tokens.