Decred (DCR)

$12.65

+10%

Stay updated on Decred (DCR) with real-time charts and instant updates. Get a comprehensive view of the DCR market, learn how to trade cryptocurrencies, and dive into the dynamic world of digital finance. Understand the factors affecting DCR's price with extensive news coverage and insightful market analysis.

Decred (DCR) Price Real Time-Data

The live price of Decred (DCR) is $12.65 with a 24-hour trading volume of $1.14M. Its 24-hour peak value is $12.67, and its 24-hour low is $11.47. The current circulating supply is 16.33M DCR, out of a maximum of 21M DCR, leading to a fully diluted market capitalization of $206.58M. Decred (DCR) to USD price is updated in real-time.

What is Decred (DCR)?

Decred (DCR) is a decentralized cryptocurrency that integrates both Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanisms. This hybrid model ensures enhanced security and allows stakeholders to participate in governance, shaping the network’s future.

Learn more about Decred (DCR)

Social media

FAQ

Who are the founders of Decred (DCR)?

Decred was co-founded by Jake Yocom-Piatt and a team from Company 0, a cryptocurrency software development firm.

How many Decred (DCR) are there?

Decred has a maximum supply of 21 million DCR tokens. Currently, approximately 16.24 million DCR are in circulation.

What are the potential use cases for Decred (DCR)?

Decred can be used for secure and efficient transactions, voting on network proposals, staking to earn rewards, and participating in the governance of the Decred network. Its hybrid consensus model also makes it a robust platform for secure, decentralized applications.

What is the history of Decred (DCR)?

Decred was launched in 2016 by a team from Company 0. It was created to address centralization issues in Bitcoin. Over the years, Decred has introduced various features, including its hybrid PoW/PoS consensus mechanism, to enhance decentralization and community governance.

How is the Decred (DCR) Network Secured?

Decred uses a hybrid PoW/PoS consensus mechanism. PoW miners validate transactions and create new blocks, while PoS allows stakeholders to participate in governance and validate the miners’ work. This dual approach enhances security and decentralization.

What can you do with your Decred (DCR)?

With Decred, you can perform transactions, stake DCR to earn rewards, vote on network proposals, and participate in the governance of the network.

Where to buy Decred (DCR)?

Decred can be purchased on popular cryptocurrency exchanges like Binance, Kucoin, and Kraken.

What is the price Decred (DCR) to USD and BRL?

The current price of Decred (DCR) is $10.18 USD and 57.44 BRL. Its 24-hour trading volume is $1,841,203.