

Crypto Profiles



Crypto Profile | DCR | Decred

Written by Marlon

On August 14, 2020

Decred (DCR) Profile

decred

Decred (DCR)
Rank: 163

$ 13.58

Price (BTC)

Ƀ0.00051300

Marketcap

$ 204.03 M

Volume

$ 1.45 M

24h Change

3.62%

Total Supply

21.00 M DCR

Decred is an inherently decentralized cryptocurrency designed to be both similar to, and different from, Bitcoin while acting as a Store of Value (SoV). The goal of DCR has always been to advance the field of cryptocurrency forward with an innovative design that promotes autonomy and flexibility.

Decred is built on a unique hybrid Proof of Work and Proof of Stake consensus model to have the best of both worlds. This gives DCR more checks and balances, more decentralization, and encourages more autonomy – resisting some of the attacks and weaknesses that pure PoW or pure PoS designs are most vulnerable to.

Other Crypto Profiles:

Metal (MTL) Profile

Metal (MTL) is the native currency of Metal Pay, Metal X, and Metal Vault. Designed to make cryptocurrency payments fast and easy, users pay zero fees when sending, receiving, buying, or selling MTL. Additionally, users pay substantially less fees...

Proton (XPR) Profile

Launched in 2020, Proton is a new public blockchain and smart contract platform designed for both consumer applications and peer-peer payments. Proton is built around two key components: a secure identity and financial settlements layer that allows...

Bitcoin (BTC) Profile

Bitcoin launched on January 3, 2009 when an anonymous figure known as Satoshi Nakamoto mined the first block, or what is otherwise known as the “Genesis Block”. Satoshi introduced Bitcoin to other individuals over the web through forums, and thus,...

Ethereum (ETH) Profile

Ethereum (ETH) is an open-source platform that allows anyone to create a project based on the Ethereum blockchain that reliably executes whatever code it was designed with. Many other cryptocurrencies are built on the Ethereum blockchain, making...

EOS (EOS) Profile

EOS is a blockchain-based, decentralized system that enables the development, hosting, and execution of commercial-scale decentralized applications (dApps) on its platform. Founded in 2017, EOS is built on the delegated proof-of-stake (DPoS)...

Litecoin (LTC) Profile

Litecoin (LTC) is a cryptocurrency designed to function as an actual currency – allowing individuals and vendors to send and receive payments lightning fast. LTC offers a near-zero cost for sending funds anywhere in the world, providing a new way...

View all crypto profiles