The first decentralized self-ruling cryptocurrency is pleased to announce the successful listing of its native currency on one of the market’s leading crypto exchanges, KuCoin.
Deposit is now open with trading pairs such as DCR/BTC and DCR/ETH. Buying begins at 19:00 pm UTC+8 and selling/withdrawal at 20:30 pm UTC+8.
Trading transactions can be done utilizing KuCoin’s official website or through their mobile apps.
About Decred DCR
It is an autonomous digital currency that makes it unique from other cryptocurrencies. It has built-in governance system. It was intended to be just a form of currency and not design to be a platform or a utility token. It is like Dash, Bitcoin, Litecoin, etc. A stakeholder has the power to vote for future software.
In Decred, anyone has the power to share their ideas or opinions with no worry of getting censored. Constructive speeches according to facts and good reasoning will receive considerations.
It has several projects guiding principles to build an internal sustainable framework. There is also increasing security and privacy on the whole platform. The technology used for privacy and security must be executed continuously and progressively. The two should take actions immediately to control situations rather than just responding to it after it has happened. Both must be responsive to any types of malicious attacks.
The DCR Cryptocurrency
Decred has a digital currency symbolized as DCR. As of today, it has nearly (USD) $300 million market capitalization and has a total supply of twenty-one million DCR. Eight million DCR is currently circulating in the market.
How do Decred works?
The governance system is split into 2 two parts. These are project and blockchain governance. Blockchain governance will verify block and transaction. It will also check the votes on the coding edition. Its blockchain is verified through PoS stakeholders or contributors and PoW miners. A stakeholder can control miners if sixty percent or more stakeholders vote in contradiction to a specific block produced by miners. The hybridization of proof of stake and proof of work separates it from other currencies. On other cryptocurrencies, only miners can secure and verify transactions and so they have the absolute or more control on the network.