DCR Price $38.86 Change (24H) -1.75% Volume (24H) $688K Market Cap $337M

Decred (DCR) Price, Stats & News

Decred Summary

Decred is similar to Bitcoin in that it’s a cryptocurrency based on blockchain technology. What separates Decred and adds value to its price is its focus on building a strong community and encouraging user input. Decred operates a proof-of-work and proof-of-stake protocol to ensure that small groups can’t overrun transaction flow. Decred allows users to vote on amendments to its protocol with binding, on-chain voting systems. Users can participate in the ecosystem and be rewarded with the DCR price token, which is stabilized by several mechanisms that limit inflation and devaluation. Users are flocking to the Decred network because of its sustainable funding and a resilient contractor model.

Technical Stats

Supply 21 Million
Genesis Date February 08, 2016 (about 2 years)
Hashing Algoritm Blake-256
Block Time 5.0 Minute
Hashrate N/A

Decred News

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