Decred (DCR)

Decred (DCR) is an open, decentralized, self-funding cryptocurrency based on a hybridized PoW/PoS consensus system. The goal of Decred is to achieve a balance between miners and voters and create a more robust cryptocurrency. Users get to choose between 3 main ways of interacting with Decred. First, they can use their wallets to send and receive funds and take part in Proof-of-Stake mining. Second, they can validate the transactions on the Decred network and generate new tokens via Proof-of-Work mining. Third, they can earn Decred rewards by validating transactions and using funds to vote on important matters pertaining to network development through Proof-of-Stake mining. The maximum supply of Decred tokens is 21 million.

Founder
Jake Yocom-Piatt
Hash Algorithm
BLAKE256
Start Date
February 08, 2016
Maximum Supply
21,000,000.00
Proof Type
PoW/PoS
Facebook
N/A

Decred Exchange Rates

Decred Resources

There are many ways to get involved with Decred and you can learn more about them in our additional Decred resources. By following the links presented below, you can find important updates from the Decred team, discover the hottest topics discussed by Decred supporters, learn interesting details about the Decred network, and find out more about the potential of both the network and its native token.