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Community vote
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The community score represents our users' personal view on this project.
Summary
Type
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State
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Country
United States
Founded
2016
Dlt Type
Blockchain
Exchanges
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Regulator
SEC
Blockchain
Decred
Product Stage
Completed
Blockchain Necessity
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OTC Index Position
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CoinMarketCap Position
33
Last ReportLast Report
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Financial Summary
Price
$18.93
Fair value
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Market cap
$180,229,827
24H Change
0.85%
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There are no reports written about this project yet, but you can request one here, or even publish your own here.
About project
⦁ Decred is a multi-platform digital currency with support for Windows, macOS, and Linux. Easy-to-use wallet apps enable sending, receiving, and mining Decred with just a few clicks. Since 2016, Decred has striven to solve blockchain governance. The consensus voting model empowers stakeholders and allows for the seamless transition from one set of rules to another.
Decred uses a hybridised consensus system to create a balance between miners and users to enable a more robust currency. The project is bound by the Decred Constitution. 
It uses a hybrid proof-of-work and proof-of-stake mining system to ensure that a small group cannot dominate the flow of transactions or changes to Decred without the community’s consent. Anyone can submit feature suggestions, which are then processed by developers to meet the community’s expectations. These activities are financed directly from the Decred Blockchain. Decred is building a superimposed governance organisation that goes beyond miners and users to represent insider and outsiders in the community. In the near future, all the governance data and supporting information will exist off-blockchain with Decred’s new Politeia project to make governance open source and freely accessible.
Decred also plans to implement Lightning Network. This is an improvement that multiple cryptocurrencies have explored, including Bitcoin. Essentially, Lightning Network operates as an off-blockchain way to settle payments and reduce network requirements and processing speeds. It requires two users that regularly do business to set up a third account that’s a locked box into which they each put an equal amount. When the two users want to transact with one another, they simply send each other promissory notes changing the balance of funds in the box.
One currency unit is called the “Decree” (DCR, Decred Coin).
Core team
JS
Alex Yocom-Piatt
Developer
 
JS
Dave Collins
Lead Developer
 
JS
David Hill
Developer
 
JS
Donald Adu-Poku
Developer
 
JS
Holger Klein
Developer
 
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Jamie Holdstock
Developer
 
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Jolan Luff
Developer
 
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Jonathan Chappelow
Developer
 
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Josh Rickmar
Developer
 
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Marco Peereboom
CTO/Developer
 
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Peter Banik
Developer
 
JS
Sean Durkin
Developer
 
JS
Jake Yocom-Piatt
Project Organizer
 
JS
John Vernaleo
Senior Developer
 
JS
Jacob Yocom-Piatt
Project Lead
 
Advisors & CM
No results
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