$DCR 🔥💰 Decred (DCR/USDT): A community-driven currency
The Decred (DCR) token has been showing strength in the crypto market, with the DCR/USDT pair quoted at $25.45, registering an increase of +5.30%.
📊 Key market data:
- Market capitalization: $436.85 million
- Fully diluted market cap: $531.3 million
- 24h volume: $9.12 million
- Circulating supply: 17.27 million DCR
- Maximum supply: 21 million DCR
- Market dominance: 0.0188%
📉 Price history:
- All-time high: $250.01 (16/04/2021)
- All-time low: $0.39 (28/12/2016)
📈 Recent performance:
- 7 days: +28.28%
- 30 days: +58.17%
- 1 year: +112.97%
💡 About Decred:
Decred is a community-driven digital currency created to be a solid store of value for future generations. Its differentiator lies in the hybrid consensus mechanism of Proof-of-Work (PoW) + Proof-of-Stake (PoS), which balances the power of miners and ensures that changes to the rules only occur with the community's consent.
🔧 Governance and sustainability:
- 10% of the block reward goes to the Decred Treasury, funding development.
- Rewards divided between PoW miners (60%) and PoS stakeholders (30%).
- Governance is conducted via Politeia, a platform where the community votes on proposals and the use of funds.
🌐 Official links:
- [Official Website]
- [Whitepaper]
- [Block Explorer: dcrdata.decred.org]
🔥 Decred shows that decentralization and community governance can go hand in hand, making it a solid project with a long-term vision.
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#LibertyEpoch #SquareBinance #decred #DCR #WhaleDeRiskETH 👉 What do you think of Decred's hybrid model?
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