Decred Price today
Decred, also known as DCR, has a price today of 23,24$ and a market capitalization of 241.103.712$, which is 0,09% of the total. Decred has a total of 10.375.564 coins in circulation.
In the last 24 hours, the price of Decred has increased 0,17$, which is 0,72% of its valuation.
What is Decred?
Decred is an open-source cryptocurrency based on blockchain technology. It’s a digital currency of multi-platform. It provides support for MacOS, Linux, and Windows. It allows its users to send or receive cryptocurrencies very easily using wallet apps.
In September of 2015 Decred was first launched. Then it was launched in February of 2016 with the more advanced system. Its main focus is on the development, sustainable financing, community input, and open governance. It’s a hybrid consensus system that provides a balance between users and miners.
It makes the currency more robust. It has its own cryptocurrency called Decree (DCR). The current value of the Decred coin, Decree, keeps changing in the market.
Decred provides its users with the opportunity to participate in the project. They can participate without any deviations and any expensive mining hardware. But for making important decisions the Decred’s community has to play an important role. They have to take decisions both technically through the blockchain and officially through the forum.
The use of both Proof of Work protocol and Proof of Stake protocol makes Decred smarter, more secure, robust, attractive and advanced exchange system. It has intelligent technical fetures.
- Decred allows Cross chain atomic swaps between different digital currencies.
- It provides with Smart contracts system which actually works as Lightning Network in the Decred
- It’s a blockchain anchored public proposal platform which is also resistant to
- Decred is a hybrid consensus voting system.
The decred technology uses a hybrid protocol. Behind this hybrid protocol, there are both Proof of Work and Proof of Stake mechanisms. Such hybrid of both Proof of Work and Proof of Stake protocols is known as Proof of Activity (PoA). It increases the transaction speed and the security of the network.Visit website open_in_new
|Price in BTC||0.00224007 BTC|
|Current Supply||10.375.564 DCR|
|Total Supply||21.000.000 DCR|
|24h Volume (coin)||15.795 DCR|
|24h Volume (currency)||$367.027|
|Last updated||2019-09-12 21:45:10 +01:00 BST|
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