Bitcoin Forum

DCR Price Live Data
The live Decred price today is $129.45 USD with a 24-hour trading volume of $25,792,928 USD. Decred is down 9.43% in the last 24 hours. The current CoinMarketCap ranking is #55, with a live market cap of $1,706,088,699 USD. It has a circulating supply of 13,179,195 DCR coins and a max. supply of 21,000,000 DCR coins.

If you would like to know where to buy Decred, the top exchanges for trading in Decred are currently Binance, OKEx, Huobi Global, HitBTC, and BiONE. You can find others listed on our crypto exchanges page.

What Is Decred (DCR)?
Decred (DCR) is a blockchain-based cryptocurrency launched in February 2016. The Decred token and protocol were created to facilitate open governance, community interaction, and sustainable funding policies.

According to the official whitepaper, Decred was created in such a way that the community approves all transactions and changes made regarding the protocol. Hence, there is no way for big Decred holders to manipulate the operation of the protocol. Decred was heavily influenced by Bitcoin and utilized many of the underlying principles of the original cryptocurrency.

Who Are the Founders of Decred?
The main driving force behind the creation of Decred is an enterprise called Company 0. Its mission is to use the capabilities of blockchain technology to create better personal data protection and to bring organizational liberty to projects.

Jake Yocom-Piatt is the founder and CEO of Company 0. Currently, he is serving as a project lead for the Decred project. His involvement with cryptocurrency and blockchain technology spans over more than ten years. Code written by Jake Yocom-Piatt has been used in the composition of several Bitcoin-related projects, including the creation of Lightning Network Daemon.

Marco Peereboom is the chief technical officer of Company 0. He is the direct supervisor of several teams on the Decred project, including development, security, and infrastructure. Mr. Peereboom’s career includes positions in companies like Dell, where he was a Senior Architect. He has been at Company 0 for more than five years, and his involvement with the Decred project is essential for the successful launch of the cryptocurrency.

What Is Decred (DCR)?

I didn't even understand what he was talking about so it made it difficult for me to understand the purpose and initial concept for what he said.
It's really confusing >:( >:(

It seems to be a very old and outdated Blockchain technology? Are still developers making progress and developing an innovative tech?
If not, I don't see a reason why Decred should be a good competitor to leading coins.

New people will select more innovative coins and Decred doesn't seem so innovative.

Besides many other major projects in top 100 cmc, Decred still has an active community. Its concept is somehow similar to bitcoin blockchain with Pow/Pos mechanism although it was built to create a new blockchain not governed by the miners.
Due to several updates in bitcoin blockchain (segwit,taproot), Decred may lost interest but it's still a solid project that can compete with other projects in the same field.

I think its a great blockchain, however, it may not serve any purpose moving forward. The fact that it can't be hacked through their hybrid consensus POS/POW system is masterful. But again, I don't think Bitcoin fears being hacked. Nor do I think anybody is really trying to hack Decred. Again, great what they are doing behind the scenes, but it may proof moot to them. May work out in the future for some else though. Think Google.