DecredDCR
- Market cap#124$201.56M
- 24h volume#152$242,065
- All-time high$247.35
- YTD return− 32.16%− 32.16%
- Circulating supply
- 17.69M
- Total supply
- 17.69M
- Max supply
- 21M
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DCR to USD converter
About Decred (DCR)
Decred is a cryptocurrency that is designed around community governance and a self-funded development model, and DCR is its coin. Its mainnet launched on February 8, 2016, after development that began in 2014. Decred was built on btcsuite, a Go implementation of Bitcoin written by Company 0, the firm led by Jake Yocom-Piatt that supported the project until its launch. There was no ICO. At the start, 8% of the supply was created in a premine, half of which was given away in an airdrop and half of which went to Company 0 and its developers, and the rest of the coins are produced by mining and staking.
How Decred works
Decred uses a hybrid of proof of work and proof of stake. Miners create blocks, and holders who lock DCR to buy “tickets” vote on whether to approve each block, and these ticket holders also vote on changes to the rules of the network. A part of each block reward, 10%, goes to a treasury that funds development, marketing and other work. Holders decide how the treasury is spent through Politeia, a system for proposals and votes. Through such votes, the community has changed the way that block rewards are split, and stakers now receive 89% of them and miners 1%. The network also supports atomic swaps, which allow trades with other coins without an intermediary, and it has an optional privacy feature based on coin mixing.
DCR supply
Decred has a fixed maximum supply of about 21 million coins. The block reward falls by about 1% roughly every three weeks, so the issuance slows over time. Current circulating and total supply figures are shown at the top of this page.
Decred price history
You can see the all-time high of DCR and its full price history on the chart above.
Decred price on Cointelegraph
Follow the live Decred price on this page. Cointelegraph's DCR price index shows the DCR to USD rate, 24-hour change, market cap, 24-hour trading volume, all-time high and year-to-date return, plus the circulating, total and max supply. Use the interactive Decred price chart to compare timeframes from six hours to all time, and the DCR to USD converter to check any amount in seconds. For daily updates, see our market news page.