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English name of project: Decred
Chinese name of project: 德信币(Dé xìn bì)
Ticker of Token: DCR
Country of Project Incorporation: N/A
Prominent investors: N/A
Focused industry: Currency
Description of the project (approx. 200 words)
Decred is a cryptocurrency, similar to Bitcoin, with a strong focus on community input, open governance and sustainable funding and development. It utilizes a hybrid “Proof-of-Work” and “Proof-of-Stake” mining system to ensure that a small group cannot dominate the flow of transactions or make changes to Decred without the input of the community. Our devs are the same developers that built btcsuite, the Bitcoin Golang implementation.
Decred is the first cryptocurrency to implement binding, on-chain voting. In the coming months, we will be rolling out our Lightning Network implementation and privacy features.
Facts & figures surrounding adoption:
Over 280K wallet downloads and high participation in the governance system as exemplified by the onchain hard fork vote to activate Lightning Network. Accepted by several payment processors including ShapeShift, GloBee, and CoinPayments.net. Was among the first 14 coins to be reviewed by Weiss Ratings.
Token creation and release dates: February 8th, 2016
Token sale start date (please indicate private and public if applicable): N/A
Total available token supply: 21,000,000 DCR
Tokens in circulation: 7,037,470 DCR
Amount raised in ICO (in USD and in Crypto): N/A
ICO price (in USD and in Crypto): N/A
Please describe the distribution and usage of proceeds：N/A
Disclaimer: this document is written with the information from the official whitepaper, to provide investors an overview of the token. The information in this document is collected legally. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof or evidence.
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