|Brief||Decred is an altcoin quite like Bitcoin. However, dissimilar to other altcoins, the prime focus of this crypto coin revolves around community input, open governance and sustainable financing and development.|
|Last updated:||Monday, April 22, 2019 11:59:01PM UTC|
|Current price, USD:||$25.663|
|Current price, BTC:||0.0047739|
|Market capitalization, USD:||$248 093 842|
|Available supply:||9 667 476 DCR|
|Volume 24 hours, USD:||$1 624 373|
General DCR facts, technical details and general information about Decred crypto currency
Officially launched in February 2016, Decred is an altcoin quite like Bitcoin. However, dissimilar to other altcoins, the prime focus of this crypto coin revolves around community input, open governance and sustainable financing and development.
The cryptocoin makes use of a hybridized consensus system that helps in creating a balance between users and miners, thus enabling the most powerful altcoin or crypto coin after Bitcoin.
It also takes advantage of a hybrid proof-of-work and proof-of-stake mining system so that a small group cannot take control of the flow of transactions or changes made to it, without the community’s consent.
We list daily Decred historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Apr 22||25.428||25.253||25.733||248 093 842|
|Apr 21||25.735||24.971||25.798||246 267 500|
|Apr 20||25.062||25.048||25.535||246 605 573|
|Apr 19||25.011||24.923||25.51||241 662 357|
|Apr 18||24.717||24.427||25.242||241 749 399|
|Apr 17||24.846||24.341||24.846||239 129 773|
|Apr 16||24.184||23.497||24.689||237 198 528|
|Apr 15||25.223||23.898||25.392||232 531 477|
|Apr 14||24.516||24.397||25.422||243 044 110|
|Apr 13||23.986||23.939||24.48||235 004 314|
|DCR price change 24 hours||1.01%|
|DCR price change 7 days||6.24%|
Decred has been in the market for so long, but I think this lends them a lot of experience over other new projects in the space. DCR is constantly making genuine updates that benefit the community, not just the price of their coin. Most projects nowadays only cater to pump kids that want their new coin to do a 2x in a span of 24 hours. It’s time we see more projects like DCR that put real innovation of price speculation. Also, DCR is looking very healthy on the 1-week chart, as they’ve been holding steady for a significant amount of time. Some patience will surely pay off if you’re still hanging onto DCR.
Currently, Decred is holding a big voting process for their new governance rules. This is going to affect a lot regarding how we (as users) interact with the Decred blockchain. I really think this will translate in a rise in price as the community votes for issues that are positive price movers. If you're in the Decred community don't forget to vote!
I'm really interested in this project. Can anyone help me understand it better? I understand it's an autonomous digital currency, but what does it actually do? Has anyone here used it to buy anything yet?
Also interested in the project. It seems to me quite original, distinguished so to speak, among others. So far it seems that this is one of those coins that can exactly compete for the first place laurels in the future. Although a number of points alarming me, for example, 10% of deductions to developers. Availability at the start only online wallet, as I understand it. That is, all the coins will be under control, maybe it's good if we are sure of the developer's intentions (righteousness), and maybe even bad, because all power is in one hand. Let's see, while the information is not so much and not everything is disclosed.
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