Written by Marlon

On August 14, 2020

Decred (DCR) Profile

decred
Decred (DCR)
Rank: 63
$ 21.74
Price (BTC)
Ƀ0.00118200
Marketcap
$ 267.02 M
Volume
$ 7.08 M
24h Change
2.17%
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.

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