In its most basic sense, Decred (DCR) is a fork of BTC that is completely open-source based and lays great importance on things like on-chain governance. To be a bit more specific, the platform seeks to rectify many of the issues that are currently facing the Bitcoin network to create a digital asset that is truly decentralized and autonomous.
As per several reports circulating on the internet, it is being rumored that in 2020 Decred will deploy an innovative hybrid proof of work (PoW) and proof of stake (PoS) consensus voting system to fight global censorship that is currently affecting a large number of people all over the world.
- All-time High (ATH) Value: $117.76
- Market Debut: February 2016
- 2019 High: $35.91
- 2019 Low: $12.99