Decred

DCR
Price
$156.46
24 Hour % Change
2.43%
Market Cap
$1.98B
Volume (24h)
$29.01M
Linear
Log
to
1h12h1d1w1m3m1yall
Key metrics
24 Hour Low
$144.14
24 Hour High
$157.16
Net change
$3.71
24 Hour Open
$152.74
All time high
$172.26
Total Supply
12.68M
Returns (24H)
2.43%
Returns (YTD)
278.78%
Volatility (30d)
1.26
Transaction Count (24h)
5,876
Average Transaction Fee (24h)
$0.066886
Value Transacted (24h)
$113.89M

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
Disclaimer

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Foundations - Consensus: Distributed