|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, January 18, 2021 4:00:02PM UTC|
|Crypto Volatility Index (CVIX):||85|
|Current price, USD:||55.91|
|Market capitalization, USD:||698 924 921|
|Available supply:||12 499 820 DCR|
|Volume 24 hours, USD:||10 434 734|
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, $|
|Jan 09||63.79||59.79||64.35||751 394 334|
|Jan 10||60.17||55.47||62.52||700 308 505|
|Jan 11||55.67||45.05||55.67||638 537 431|
|Jan 12||53.05||47.64||53.57||602 058 887|
|Jan 13||48.52||46.42||54.22||676 788 685|
|Jan 14||54.79||53.72||58.25||725 387 807|
|Jan 15||58.59||53.85||60.11||718 545 428|
|Jan 16||57.53||56.98||59.87||713 937 881|
|Jan 17||57.15||54.32||57.63||712 963 198|
|Jan 18||56.69||55.02||57.26||698 924 921|
|DCR price change 24 hours||-0.97%|
|DCR price change 7 days||19.16%|
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...
Charles May 24, 2020 DCR
I could argue that Decred is one of the best forks of Bitcoin, mainly due to its unique consensus voting mechanism. It has other cool feats, like the cross-platform wallet and smart contracts, but the consensus vote is still the biggest deal. What's...
ChocoBit October 4, 2019 DCR
DCR has lasted this long because it puts its sole focus on the community that it created. This was already a winning move because projects can’t exist without the backing of a community. There’s no greater folly then not paying attention to the...
Taylor May 5, 2019 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...
Chelsea March 29, 2019 DCR
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?...
Ken February 26, 2019 DCR
We publish the most accurate Decred Forecasts and News including crypto industry experts' opinion on a daily basis