Decred
DCRPrice
$50.49
24 Hour % Change
-0.31%
Market Cap
$631.97M
Volume (24h)
$14.80M
USD
Key metrics
24 Hour Low
$50.07
24 Hour High
$51.89
Net change
$-0.155526
24 Hour Open
$50.61
All time high
$129.37
Total Supply
12.52M
Returns (24H)
-0.31%
Returns (YTD)
23.06%
Volatility (30d)
1.26
Transaction Count (24h)
4,128
Average Transaction Fee (24h)
$0.022071
Value Transacted (24h)
$8.72M
About Decred
Category
Value proposition
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.
Disclaimer
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Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
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.