Key metricsKey metrics
Asset TypeAsset TypeGovernance
Project StatusProject StatusWorking Product
Funds raisedFunds raised8% Premine + 415k
CountryCountryUnited States
Key personKey personJake Yocom-Piatt

Decred (DCR) Information{coin_name} ({symbol}) Information

Decred is an autonomous digital currency.

Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self-ruling currency where stakeholders make the rules.

Team OverviewTeam Overview

Abubakar Suleiman
Mobile Developer
Alex Yocom-Piatt
Collins Olanrewaju
Mobile Developer
Dave Collins
Lead Developer
David Hill
Donald Adu-Poku
Holger Klein
Jamie Holdstock
Jolan Luff
Jonathan Chappelow
Josh Rickmar
Macaulay Davies
Marco Peereboom
Matheus Degiovani
Fernando Abolafio
Mykolas Raižys
Oluwandabira Alawode
Sean Durkin
Steven Wagner
Peter Banik
Sebastien Bramille
Tiago Alves
Victor Oliveira
Justin Santoro
Design & Video Production
Denys Zayets
Kärt Koosa
Illustrator, Designer
Kyle Chivers
Motion Designer
Marcelo Lustosa
Tanel August Lind
Lead Designer
Sander Meentalo
Emilio Mann
Community Manager (BR)
Henrique Giron
Decred TV Brazil Host
Gustavo Ferrari
Decred TV Brazil Host
Oregon Isaac
Community Manager
Joshua Buirski
Asia Pacific Outreach
Luke Powell
Decred Roundtable Host
Namkyun Kim
Community Manager (KR)
Nick Boariu
Docs and Analytics
Noah Pierau
Community Coordinator
Jure Kralj
Reddit Manager
Scott Christian
Facebook Manager
Trace Trebilco
Decred Assembly Host
Lindsey McConaghy
Public Relations
Bernardo Brites
Marketing & Partnerships
Clarissa Peereboom
Marketing & Events
Mike Trevino
Marketing & Events
Tim Hebel
Digital Marketing
Jake Yocom-Piatt
Project Lead
Jonathan Zeppettini
International Ops Lead
Phillip Conrad
Strategic Comms Lead
Charlie Lee
Jimmy Song


Company 0 LLC

500 N Michigan Ave Chicago, IL, 60611

Decred Holdings Group LLC

Questions and AnswersQuestions and Answers

What's the deal with Decred?
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. A unit of currency is called a ‘Decred’ (DCR). To ensure the integrity of the currency and prevent people from making fraudulent transactions or creating their own coins, Decred uses a method of recording transactions known as a blockchain.
How is this Decred thing different from Dash?
They may both start with the letter 'D' but the similarities pretty much end there. Decred has a 1 tier network. Dash has a 2 tier network (masternodes). With Decred, your coins are locked after purchasing tickets (voting rights) (constraining the supply). With Dash, you can sell a masternode at any time. With Decred, anyone can vote / participate. With Dash, only the wealthy can participate. With Decred, upgrades are precoded into the chain. The chain automatically switches to the upgrades after a successful "yes" vote. With Dash, the developers must then code the upgrade after the vote and hope everyone switches. Decred is a decentralized autonomous entity (DAE), designed from the ground up. It has a unique consensus system (which makes an "Ethereum Classic situation" extremely unlikely), is self funding, and is written from scratch in Golang by very well respected bitcoin developers (BTC Suite).
What's up with the "tickets" in Decred?
Two validation systems are integrated into the Decred blockchain, Proof-of-Work (PoW) and Proof-of-Stake (PoS). The PoW system (miners) create and validate new blocks added to the blockchain. The PoS system allows ticket holders (voters) to participate in verifying a block's validity. The PoS system acts as a 2nd authentication factor on the chain. If 3 of the 5 randomly selected ticket holders approve, the block is added. The PoS tickets are also used to vote on a change to the protocol (hard fork) over a period of time. Without support of the super-majority vote, the minority chain will become unsustainable due to invalidated blocks. For more info on how to stake, see this guide Analogy: Imagine a toy car factory with machines (miners) that make toy cars. Each toy car produced is approved by 5 randomly selected quality inspectors (voters). If 3 inspectors approve, the toy car is good. If we want to turn the toy car factory into a toy boat factory instead (hard fork), we need at least 75% of inspectors to agree to this change over a 1 month period. Once that happens, even if we happen to have machines still making toy cars, it will be hard to find 3 of 5 inspectors that approve on building a toy car.
How long do tickets usually take to vote?
On average, live tickets vote within 28 days but can take as long as 142.22 days (40960 blocks) to vote. If a ticket does not vote within this window, it expires, and the ticket fee is lost (don't worry, the cost of the ticket is refunded). However, the chances of this happening are less than 0.5%.
If Bitcoin / Decred shared the same economic fundamentals, how much would it cost to attack the Decred network?
As of March 31, 2017, at its peak, there was an estimated 4,161,948 TH/s of hashing power securing the Bitcoin network. So in order to successfully attack Bitcoin, you would need 51% of that which is 2,122,593 TH/s. Also, let's discount the fact that with the amount of money we're talking about here you could just pay to have your own ASIC built out in a fab for even less, but let's just keep it simple using released hardware. An Antminer S9 provides 14 TH/s @ 3000 USD. Thus, to achieve that 51%, you would have only needed to acquire approx 151,614 Antminer S9s * 3000 = $454,842,000 USD. Now, for an apples to apples comparison, let's assume Bitcoin used Decred's hybrid system and thus we'll use the same coin supply, the same price per coin, and the same PoW hash rate. As of that same March 31, 2017 date, there were around 16,248,000 bitcoins in circulation at a cost of roughly 1000 USD per coin. Now, let's go ahead and use some less than favorable numbers an assume there is only 33% stake participation and calculate how much money it would take to attack the network by aiming to acquire 33% of the stake. Running the numbers, we can see ((1/0.33 - 1) * 0.33)3 = 0.29, so you would also need roughly 29% of the hash power in addition to 33% of the stake. So, 33% of 33% of 16,248,000 coins ~= 1,769,407 * 1000 per coin = 1,769,407,000 USD for the PoS portion. Now, you also need 29% of the hash power, so 4,161,948 TH/s * .29 ~= 1,206,965 TH/s. Thus, you would need to acquire approx 86,212 Antminer S9s @ 3000 USD = 258,636,000 USD. So, in summary, you would need roughly 455 million USD to attack Bitcoin while you would need roughly 2.03 billion USD to attack Decred.
I heard Decred has fantastic documentation written by a dude with an awesome beard.
Correct on both counts. You can see it at
Where can I read about Decred's future plans?
We have a roadmap for 2018 and it's been coming along nicely.
Is it true you guys presented at Coinbase?
Indeed, and you can watch the video
Is it true Decred has its own YouTube show?
Why would someone lie about that? Of course it's true. You can watch episodes of
Where can I read about Decred's sexy branding and design?
We're flattered you feel that way. Have a look at this post for the details and go here for downloads:


Key metricsKey metrics

Source Code Repositories

decred/dcrd 501 Stars 119 Contributers 63 Open Issues

Decred daemon in Go (golang).

decred/atomicswap 453 Stars 21 Contributers 10 Open Issues

On-chain atomic swaps for Decred and other cryptocurrencies.

decred/decrediton 165 Stars 40 Contributers 162 Open Issues

Cross-platform GUI for Decred.


Tradeable CoinsTradeable Coins
7,145,743 (70% of total) ({tradeable_of_total} of total)

Exchange Markets

ExchangeExchange MarketMarket PricePrice DiffDiff Volume 24hVolume 24h SpreadSpread Spread $1kSpread $1k
Binance DCR/BTC $27.57 0.01% $252,574 0.26% 0.97%
Bittrex DCR/BTC $27.61 0.16% $75,552 0.02% 1.1%
Poloniex DCR/BTC $27.63 0.21% $24,413 0.91% 1.9%
Upbit DCR/KRW $27.41 -0.59% $17,840 1.1% 5%
Binance DCR/BNB $27.78 0.75% $15,845 0.95% 5.9% DCR/USDT $26.76 -2.9% $6,661.58 2.9% 10%
Bittrex DCR/USDT $27.17 -1.4% $1,302.28 6.3% 6.3% DCR/BTC $27.48 -0.33% $174.64 1.3% 98%
Lykke DCR/BTC $58.15 110% $0.0000
Lykke DCR/USD $16.50 -40% $0.0000 100%

Latest Decred NewsLatest Decred News

Decred en Español on Twitter

Thanks @BlockchainBajio for the invitation to talk about @decredproject, our hybrid #blockchain #PoW ?? #PoS ??, #Politeia ???, #DEX, #DAO, the future of finance and why #Decred is set to become one of the most scarce assets on the planet ?? #Decred #DCR #DecredenMexico…

Decred on Twitter ReadRead 

Dustin LeFebvre on Twitter

1/ Decred #DEX RFP approved in March Decred #DEX specification approved in June, published last week (below) Decred #DEX Development Proposal landed today!…

Decred on Twitter ReadRead 

Richard Red on Twitter

A proposal to develop the Decred spec #DEX infrastructure by @chappjc was just published on Politeia ( There are also 3 competing proposals offering market making services to the $DCR DAO. Going to be an interesting few weeks on

Decred on Twitter ReadRead 

Decred Africa on Twitter

Why @AkinSawyerr thinks Decred could be successful across Africa #decred #africa #cryptocurrency y…

Decred on Twitter ReadRead 

Dustin LeFebvre on Twitter

1/ Decred attained a historical mark, as more than 50% of all circulating DCR is now being staked.

Decred on Twitter ReadRead 

Buck on Twitter

How about a little Python with your #Decred? Voting has started for TinyDecred: a Python toolkit for Decred.…

Decred on Twitter ReadRead 

Coinbase Considering Adding Eight New Tokens

Coinbase has announced the possible addition of eight new tokens to its current collection. Per a blog posting from the exchange, Coinbase is exploring the addition of Algorand , Cosmos, Dash , Decred, Matic, Harmony, Ontology, and Waves . Currently, coins listed on its non-Pro interface include Bitcoin , Bitcoin...

Coindesk ReadRead 

Coinbase on Twitter

Coinbase is exploring the addition of 8 new digital assets. It’s our goal to offer support for all assets that meet our standards and are compliant with local law.

Decred on Twitter ReadRead 

Sam McIngvale on Twitter

feels timely... “Staking governance is powerful because it embodies a philosophical underpinning of the crypto movement: the belief humanity’s accepted forms of large-scale decision-making aren’t working well.”

Decred on Twitter ReadRead 

Decred on Twitter

The Decred community will be out in force at @Futurist_conf in Toronto from August 13-14 with team member Zubair Zia (@generalsaccount) participating in a #Blockchain #Governance panel. Hope to see you there!…

Decred on Twitter ReadRead 
This information is provided AS IS and is not adviceThis information is provided AS IS and is not advice. May contain errors or omissions. Please always do your own research before trading.May contain errors or omissions. Please always do your own research before trading.