Decred Price | DCR Price Index and Live Chart – CoinDesk
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Decred
DCRAbout Decred
The Decred project was started in 2016 by Company 0 and launched its mainnet soon after. It was led by Jake Yocom-Piatt and other software developers who previously contributed to btcsuite. It forked bitcoin to enable a hybrid consensus system combining Proof-of-Work (PoW) and Proof-of-Stake (PoS) into the novel Proof-of-Activity (PoA). The goal was to better organize the develop and decentralization of a cryptocurrency. 60% of block rewards goes to miners and 30% goes to stakeholders to allow for checks and balances. The final 10% is a subsidy to an autonomous treasury that disperses funding to projects based on voting through the blockchain.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
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