Decred is a community-driven blockchain with DCR cryptocurrency, using Proof-of-Work and Proof-of-Stake for governance and security.
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Decred is a blockchain platform designed to foster a community-driven and sustainable ecosystem through open governance. Conceived in 2013, its code is based on Bitcoin, sharing many similar features, but with specific modifications to enhance participation in governance. The mainnet launched in 2016. DCR is the native cryptocurrency with a cap of 21 million coins. Key features include a hybrid consensus mechanism combining Proof-of-Work and Proof-of-Stake to ensure network security and governance. Miners secure the network and earn 10% of block rewards, while stakeholders stake DCR tokens to validate transactions, propose ideas, and vote on platform development via Politeia, a dedicated proposal system. The platform supports smart contracts and off-chain transactions, enabling application...
As of now, Decred is trading at 14.099 USD, with a 24-hour trading volume of approximately 31.89K USD. The DCR to USD price is updated in real time. Over the past 24 hours, Decred has decreased by 3.43%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 236.42M USD. Currently, there are 16 768 560.962126 DCR in circulation out of a maximum supply of 16 768 560.962126 DCR.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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