Decred (DCR)

cryptocurrency
payments
proof of work
proof of stake
blake
#32

Marketcap Ranking

23.41577 (4.35%) arrow_drop_up

Market Price (24h change)

250,298,555

Total Market Cap

3.2

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info_outline What is Decred

4.1

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Short Description

Decred is a community-directed digital currency designed to be a superior store of value for generations to come

Decred uses a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism designed to keep PoW miners’ power in in check and ensure no group can make consensus rule changes without the consent of the community. Development is self-funded, with 10% of the block reward going to the project Decred Treasury and the remaining split between PoW miners (60%) and stakeholders (30%)

Decred’s on-chain governance is supplemented by Politeia, a Reddit-style web-based platform where stakeholders vote on proposed changes to Decred’s governance and proposals to spend treasury funds.

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Introduction Video

Why Decred Exploded -- Atomic Swap explained! | Cliff On Crypto

Article: https://bitcoinmagazine.com/articles/decred-adds-atomic-swap-support-exchange-free-cryptocurrency-trading/ Github Tool: ...

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Screenshot from Website

www.decred.org
DCR Websitemore_vert

Visit Webpage

Website Informationclose

Organization: Company 0, LLC.
Name: REDACTED FOR PRIVACY
Country: FR
City: Obfuscated whois Gandi-Paris
Zipcode: 75013
Address: Obfuscated whois Gandi-63-65 boulevard Massena
Mail: abuse@support.gandi.net
Creation date: 2014-02-17
Expiration date: 2022-02-17
Nameserver: NS4.COMPANYZERO.COM

attach_money Product Analysis

4.7

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Whitepaper

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules.


file_downloadOpen Whitepaper
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Close Competitors

  • 1.) TrumpCoin

    TrumpCoin-helping to Make America Great Again by supporting President Trump in his fight against fake news, corruption and the deep state.

  • 2.) Honey

    Project defunct.

  • 3.) Verge

    Verge is a cryptocurrency.

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Product analysis

Decred was founded back in December 2015. Its source code was released publicly on github on January 2016 under the ISC License license.
Organization wise, Decreds Development is Semi-centralized and is being developed under the lead of Zubair Zia.

The consensus on which the Decred network is run is called POW/POS, while the underlying algorithm is called Blake 256.
In the current state of Decred currently is Working product

group Community Analysis

3.2

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Communities & Events

Decred aims to build a community-directed cryptocurrency whose security, adaptability, and sustainability make it a superior long-term store of value. It is achieving this aim by building the world's first truly decentralized autonomous organization.

view_list r/decred Subreddit
person 9,679 Subscribers
directions_run 315 Active Users
create 3 Daily Posts
speaker_notes 10 Daily Comments
linkOpen Subreddit

News: twitter.com/decredproject | reddit.com/r/decred

Code: docs.decred.org | github.com/decred

Listed In: @Crypto > @CryptoCurrencies

To appeal bans visit @resolutions

view_list Decred: Secure. Adaptable. Sustainable. Channel
person 2,946 Members
directions_run 224 Online
linkOpen in Telegram

Official Twitter account for Decred

view_list @decredproject Channel
person 40,654 Followers
11.15.2019
16:07
New episode of Decred in Depth is out now! @AkinSawyerr talks about opaque governance in #cryptocurrency as a barrier to new entrants, Decred making the rules clear, and the opportunities offered by frictionless trust-minimized global payments in Africa. https://t.co/1LkGGpl3zR https://t.co/48DRq9kroB 42 favorite
11.12.2019
02:50
Decred project lead Jake Yocom-Piatt shares his thoughts on how #cryptocurrencies which are store of value candidates such as #Decred and #Bitcoin will thrive while many others perish. https://t.co/egfEboazsA 55 favorite
11.11.2019
21:37
#Decred ticket splitting is gearing up to ride the @lightning and lower the barrier to #staking! @matheusd_tech just released a series of posts outlining how to split tickets on #LightningNetwork and the consensus rule changes required. https://t.co/k7SdKqZop1 https://t.co/43Bm07uLJ1 145 favorite
11.11.2019
00:14
October's edition of the #Decred Journal is out now! Check it out for info about the forthcoming v1.5 releases, #Politeia's first birthday and redesign, and new highs in terms of community production of quality content and representation around the world. https://t.co/sovSJlZUEZ https://t.co/R2q53zJBQt 82 favorite
11.07.2019
23:17
If you like to live on the edge and want to try out the latest goodies from Decred v1.5-RC1 look no further! Be sure to let us know if you find any issues as we gear up towards a final release. https://t.co/6vezKVWk80 68 favorite
11.07.2019
15:52
Today @marco_peereboom opined on “Can you really trust your bank?” w/Jacqueline Molnar @WesternUnion, Carolina Abenante @NYIAXInc, & @technology reporter @nat_droz @WebSummit Fortunately w/#Decred no trust in banks is required, it's permissionless, borderless, fair, P2P & private https://t.co/MoXmtTytd8 63 favorite

There are no events for Decred in the next 3 Months

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Google Trends Analysis


The Google Trends chart displays the search interest on google in Decred relative to its peak over the last year. A rising chart shows growing interest int he project.

code Development Analysis

2.4

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Github Analysis

Code Updates (Commits)


Every change to the codebase of Decred is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 519 Stars
remove_red_eye 83 Watchers
usb 215 Forks
sync_problem 45 Open Issues
border_color 0.23 % Comment Coverage
lock_open ISC License License

attach_money Price Analysis

4.3

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Price Prediction

$ 23.53403 (2.81%) arrow_drop_up

Predicted USD Market Price in 24h

$ 28.87545 (26.15%) arrow_drop_up

Predicted USD Market Price in 14d

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Converter DCR - USD

Convert between DCR and USD with the live Decred prices, aggregated from all big exchanges that trade Decred.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Team Analysis

4.8

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Team

Members (48)

Zubair Zia

Research and outreach

Richard Red

Research and strategy

launch

Jonathan Zeppettini

International ops lead

Seth Benton

Developer

launch

Alex Yocom-Piatt

Developer

launch

Dave Collins

Lead developer

launch

Donald Adu-Poku

Developer

launch

Fernando Abolafio

Developer

compare_arrows Exchanges

Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Binance DCR/BTC $ 23.44094 $ 541,336 check
# 2 Bittrex DCR/BTC $ 23.46092 $ 39,006 check
# 3 Binance DCR/BNB $ 23.48133 $ 14,916 check
# 4 Poloniex DCR/BTC $ 23.54048 $ 14,351 check
# 5 Bittrex DCR/USDT $ 23.30870 $ 954 check
# 6 Upbit DCR/KRW $ 22.94192 $ 474,156 clear
# 7 Huobi DCR/USDT $ 23.47969 $ 121,060 clear
# 8 Huobi DCR/BTC $ 23.47524 $ 97,487 clear
# 9 OKEx DCR/BTC $ 23.49239 $ 43,130 clear
# 10 OKEx DCR/USDT $ 23.38611 $ 32,078 clear

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