Decred

DCR
Price
$200.69
24 Hour % Change
-0.69%
Market Cap
$2.59B
Volume (24h)
$63.65M
Linear
Log
to
1h12h1d1w1m3m1yall
Key metrics
24 Hour Low
$188.22
24 Hour High
$207.10
Net change
$-1.40
24 Hour Open
$202.16
All time high
$249.55
Total Supply
12.92M
Returns (24H)
-0.69%
Returns (YTD)
389.34%
Volatility (30d)
0.98
Transaction Count (24h)
6,244
Average Transaction Fee (24h)
$-14.50
Value Transacted (24h)
$88.48M

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.


Blockchain 101
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Foundations - Consensus: Distributed