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Decred (DCR)

€ 19,75

-4,04 % € -0,80
24h 1w 1m 1y All

Decred Price in Euros

(DCR to EUR)

€ 19,75

Decred Volume

(24h)

€ 2.66 M

Market Cap

(Decred)

€327.14 M
BTC

What is Decred

On February 8, 2016, the Decred blockchain was launched with its own DCR cryptocurrency from that moment on. Decred is also referred to as the "democratic Bitcoin. The blockchain uses a combination between Proof of Work (PoW) and Proof of Stake (PoS), which is quite unique. Usually, these two mechanisms are opposite: PoW is seen as secure and energy-consuming, while PoS is seen as sustainable but less secure.

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How does Decred work?

The DCR cryptocurrency is used to secure the network (through staking) and can be used as a ballot. When you have DCR cryptocurrency in your wallet, you have the right to vote and help determine the platform's future. A portion of the newly generated DCR tokens (10%) will go to the developer pool, allowing the blockchain to develop itself continuously.

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How to buy Decred?

How to buy DCR? To easily buy DCR, you have already found the right page. Select your desired purchase amount in euros in the buy window. It will automatically show you how many coins you will receive for the amount you selected.

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How to buy Decred?

How to buy DCR? To easily buy DCR, you have already found the right page. Select your desired purchase amount in euros in the buy window. It will automatically show you how many coins you will receive for the amount you selected. Hit the ‘buy’ button and confirm your purchase by selecting one of our nine payment methods, among which iDEAL, Giropay and SEPA. For a step by step tutorial, please watch this video: How to buy cryptocurrencies on Coinmerce.

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About Decred

On February 8, 2016, the Decred blockchain was launched with its own DCR cryptocurrency from that moment on. Decred is also referred to as the "democratic Bitcoin. The blockchain uses a combination between Proof of Work (PoW) and Proof of Stake (PoS), which is quite unique. Usually, these two mechanisms are opposite: PoW is seen as secure and energy-consuming, while PoS is seen as sustainable but less secure.

This combination makes the blockchain work more democratically. In a PoW blockchain, miners with the most computing power have the upper hand. The creators of Decred thought that was unfair. Within the Decred network, miners have 60% influence, while validators have 40% influence.

The DCR cryptocurrency is used to secure the network (through staking) and can be used as a ballot. When you have DCR cryptocurrency in your wallet, you have the right to vote and help determine the platform's future. A portion of the newly generated DCR tokens (10%) will go to the developer pool, allowing the blockchain to develop itself continuously.

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Video Video
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Founder Jake Yocom-Piatt
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Founder Marco Peereboom
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Founder
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Founder
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Founded 2016
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Industry DAO
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Website Website
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Network
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Location Chicago
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Rank 244
euro
Market Cap 327.14 M
euro
Trading volume 2.66 M
euro
Maximum coins 21 M
euro
Circulating 16.5 M
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