AI Analysis for Decred (DCR)

DCR – Decred #262

Technical Indicators

RSI (14)

56.95

Neutral

MACD Histogram

0.0222

Bullish

24h Volume

$700.32K

Trading volume

Fundamentals

Fundamentals of Decred

Name: Decred
Symbol: DCR
Categories: Smart Contract Platform, Privacy, Layer 1 (L1), Proof of Stake (PoS), Proof of Work (PoW), Blockchain Capital Portfolio
Genesis: 2016-02-08

Decred aims to build a community-directed digital currency whose security, adaptability, and sustainability make it a superior long-term store of value. It is achieving this aim by building the world's first truly decentralized autonomous organization.

Website Explorer 1 Explorer 2 Explorer 3 Twitter Telegram Reddit GitHub

Related Coins

—

Not financial advice

About Decred

Decred is a robust blockchain platform designed as a secure, adaptable, and sustainable long-term store of value. It distinguishes itself through a unique hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism, aiming to create a truly community-directed digital currency. Its core focus is on decentralized governance, ensuring protocol changes are approved by stakeholders.

Unique Angle

What sets Decred apart is its innovative hybrid PoW/PoS consensus and 'Politeia' governance system. PoW miners create blocks, but PoS stakers must approve them and actively vote on all proposed protocol changes. This system prevents single-party control by miners or developers, ensuring decisions reflect the will of the DCR holders and providing superior censorship resistance and network security. A significant portion of block rewards also funds a self-sustaining treasury for ongoing development.

Tokenomics

DCR has a fixed maximum supply of 21 million tokens, mirroring Bitcoin's scarcity. New DCR is distributed through block rewards, with 60% going to PoW miners, 30% to PoS stakers, and 10% to the project treasury. DCR's primary utility is for staking, which enables participation in governance, securing the network, and earning rewards.

Growth Catalysts

Increased demand for decentralized governance models.
Development and implementation of smart contracts.
Growing concerns over censorship resistance.
Adoption of its treasury funding mechanism.
Successful privacy feature enhancements.

Risks

Lower liquidity compared to larger market cap assets.
Complex hybrid consensus may deter new users.
Competition from other L1 and privacy coins.
Evolving regulatory landscape for PoW/PoS assets.
Potential for slower development cycles due to governance.

DCR FAQs

What is Decred's hybrid consensus?

It combines Proof-of-Work (PoW) for block creation and Proof-of-Stake (PoS) for block validation and governance, ensuring both security and decentralization.

How does Decred ensure decentralization?

Through its hybrid consensus, treasury funding, and stakeholder-driven governance, preventing any single entity from dominating network decisions.

What is DCR primarily used for?

DCR is used for staking to secure the network, participate in governance, and earn rewards, as well as for transaction fees.

Updated: 10/21/2025, 6:54:54 AM

Decred Price & Chart