What does it do?
Decred is a blockchain-based cryptocurrency with a fair system of checks and balances between all parties.
Key Features
- Hybrid proof-of-work and proof-of-stake consensus that enables on-chain governance. Coin holders have a say about what happens to their crypto and have skin in the game.
- A censorship-resistant blockchain-anchored public proposal platform.
- Built in treasury system, which helps sustain and fund the project.
- Supports atomic swaps between different digital currencies.
- Cross-platform wallets for ease of use.
General information
Company Name | Decred Holdings Group LLC |
Incorporation date | February 8, 2016 |
Incorporation Address | n/a |
Website | https://www.decred.org/ |
Blog | https://blog.decred.org/ |
Phone | 1(312)625-5520 |
Economic details
Initial Funding & Distribution | |
---|---|
Ticker | DCR |
Token Type | Cryptocurrency |
Total Supply Sold | There was no ICO |
Total Amount Raised | n/a |
Price During the Crowdsale | n/a |
Hard Cap | n/a |
Whitepaper | https://whitepaperdatabase.com/decred-dcr-whitepaper/ |
Initial Token Distribution | 50% of Premined coins were airdropped (840 000 DCR) 50% of Premined coins were bought by Companyzero.com (840 000 DCR) |
Distribution of Funds raised | n/a |
Airdrop Date | February 8, 2016 |
Sources: https://docs.decred.org/faq/general/#3-how-was-the-decred-premine-distributed https://messari.io/asset/decred#overview https://blog.companyzero.com/2015/12/decred-rethink-digital-currency/ |
Social Media
Additional information on: https://decred.org/community/
Team
Development
Total number of Commits | 58 331 Commits(63 Repositories) |
Partners
YBF Ventures – an Australian innovation hub.
Competitors
Bitcoin – a peer to peer technology based cryptocurrency.
Ethereum – a decentralized platform that runs smart contracts and it allows developers to create their own decentralize application.
Litecoin – a peer to peer created by Charlie Lee cryptocurrency.
Stellar – an open source network used to facilitate cross-asset transfers of value.
Potential market and clients
The potential of Decred adoption depends on the demand for cryptocurrencies in the future.
Utility and economic dynamics
- DCR can be used as store and transfer of value.
- DCR can be used to stake/vote.
Additional information
https://github.com/maxbron08/Decred-Canon/blob/master/README.md