One of the top performing cryptocurrencies of the day is Decred. Decred (DCR) is currently up 24.77% compared to USD over the last 24 hours, ending at 07:31 AM Eastern Standard Time on October 23, 2018. DCR has a current market cap of $421,496,591. Decred traded with a volume of$12,672,695. One Decred token can be bought for $48.51 or 0.007501717 BTC. The amount of Decred in circulation is 8,688,732 DCR.
Top Cryptocurrency Gainers From the Last 24 Hours:
Chainlink (LINK) traded 20.50% higher against the dollar. It now trades at $0.439941 or 0.000068034 BTC on $9,419,553 in volume today.
Genesis Vision (GVT) was up 11.42% against the dollar. It now trades at $15.73 or 0.002432529 BTC on $4,378,328 in volume today.
Polymath (POLY) traded at a 9.43% increase against the dollar. It now trades at $0.255355 or 0.000039489 BTC on $14,876,397 in volume today.
PIVX (PIVX) traded 6.10% higher against the dollar. It now trades at $1.38 or 0.000213407 BTC on $3,064,055 in volume today.
WAX (WAX) was up 4.68% against the dollar. It now trades at $0.082272 or 0.000012723 BTC on $934,096 in volume today.
Bitcoin Diamond (BCD) traded at a 4.49% increase against the dollar. It now trades at $1.88 or 0.000290728 BTC on $4,153,263 in volume today.
Bytom (BTM) traded 3.62% higher against the dollar. It now trades at $0.224646 or 0.000034740 BTC on $54,445,816 in volume today.
Veritaseum (VERI) was up 3.57% against the dollar. It now trades at $38.98 or 0.006027972 BTC on $882,976 in volume today.
Golem (GNT) traded at a 3.30% increase against the dollar. It now trades at $0.166431 or 0.000025737 BTC on $1,733,851 in volume today.
Lisk (LSK) traded 3.08% higher against the dollar. It now trades at $2.98 or 0.000460835 BTC on $8,105,442 in volume today.
Additional Information About Decred
Decred (CRYPTO:DCR) started on 2/8/2016. The company website for Decred is decred.org. Check out Decred’s official Facebook page. Decred’s Twitter handle is @decredproject. The Reddit community chat for Decred is r/decred. See their Discord group. The message board for Decred is https://medium.com/decred.
How To Trade Decred
The features below are implemented in Decred and will be available in full at launch. For a deeper description, please consult the Decred Technical Brief. Novel hybridized proof-of-work/proof-of-stake (PoW/PoS) consensus system – A decentralized lottery is used to select PoS miners to vote on PoW blocks. The PoW and PoS subsidies account for 60% and 30% of each total block subsidy, respectively. This system is based on that of MC2, which is very similar to, but developed independently from, Proof-of-Activity (PoA) by Iddo Bentov, Charles Lee, Alex Mizrahi and Meni Rosenfeld.Cold staking and decentralized stake pooling – The ability to generate new coins without the risk of having your coins online when PoS mining. The PoS mining system has also been engineered with distributed, decentralized stake pooling in mind, so that even those with small amounts of stake can participate in network validation.Internal voting system for the addition of new features and hard or soft fork selection – Both PoW and PoS miners can vote for features and issues through bit flags, providing a sensible mechanism for resolving disputes about the features of the blockchain.Immutable transaction hashes (\”transaction IDs\”) by separating transaction signatures from the rest of the transaction data – A permanent fix for transaction hash malleability has been implemented that prevents mutability of the transaction hash by separating it from its input signatures. This allows more efficient SPV validation. Fraud proofs have also been added.Elliptic curve cryptography over secp256k1 with optional Curve25519 support – The Bitcoin scripting system has been modified to allow for simple, drop-in addition of new elliptical curve digital signature algorithms.Schnorr signatures with threshold n-of-n support – In addition to supporting Schnorr signatures, groups of signers can now jointly sign transactions off-chain in constant size signatures, ensuring higher privacy and less blockchain bloat.Script enhancements and new OP codes – New OP codes have been added to the existing Bitcoin scripting engine, and extensions for the plug-in use of future scripting engines have been added.PoW mining using BLAKE256 hash algorithm – Inspired by Bernstein’s Chacha stream cipher, SHA3 finalist BLAKE256 offers speed as well as high security.Compatibility with Bitcoin transaction scripting system – Decred’s scripting system has been derived from Bitcoin’s with care in ensuring that all future updates to the Bitcoin transaction script will be easily extensible to Decred. Further, any newly created functionalities will also be devised with backwards compatibility with Bitcoin in mind.Modularized, easy-to-use Golang btcsuite codebase – Thanks the to the codebase inherited from btcsuite, adding new features to the daemon or wallet will be facile. Decred will episodically sync updates from btcsuite, so that it benefits from the latest developments in Bitcoin.Hierarchical deterministic (HD) wallets – Wallets use a seed to deterministically generate addresses, so your wallet can be restored from a single BIP0032 seed.Transaction expiration – Transactions have a new expiration field to prevent inclusion into the blockchain after a certain height.Patches for intrinsic Bitcoin bugs – Extra push for multisignature scripts has been removed, SIGHASH_SINGLE behavior has been corrected.Approximately 21 million coins – Exponential decay in subsidy or the number of coins generated per year.Self-funded development via block subsidy – In order to have an ongoing source of funding for development work, a consensus rule has been added to allocate 10% of each block subsidy to a development organization. This entity is transparent and responsible for funding development work performed by current and new developers so that the project remains sustainable without a funding dependence on outside forces in the future. Decred therefore improves with growth in a sustainable way and is accountable only to its users. (Description provided by CryptoCompare)
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