Decred
(DCR)$ 13.071
0.67 % (24H)Decred Data
Price Range (24H)
Lowest
$ 12.89
Highest
$ 13.58
ATH
$ 265.87
Price Change (24h)
0.67 %
Price Change (7d)
0 %
Market Cap
$ 216,740,000
24h Volume
$ 664,245
Circulating Supply
16,504,700
Max Supply
21,000,000
Decred Overview
Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain's evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners' work. The Decred Treasury's usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.