Decred

Decred is a Layer 1 blockchain and digital currency launched on 8 February 2016, designed to function as a long-term store of value governed directly by its community. It claims to address the problem of centralized control in cryptocurrency development and governance, giving coin holders a formal say in how the protocol evolves. The project describes itself as working toward a decentralized autonomous organization where stakeholders, rather than a small group of developers or miners, direct the network's future.

Decred uses a hybrid consensus mechanism that combines proof-of-work mining under the Blake-256 hashing algorithm with a proof-of-stake layer, meaning both miners and ticket-holding DCR stakers must validate each block before it is confirmed. Blocks are produced approximately every 5 minutes, and DCR holders can lock their coins to purchase tickets that grant voting rights on proposed protocol changes and on the validity of mined blocks. This dual-layer design is intended to prevent any single group from unilaterally controlling the chain.

The data stored for Decred does not include a protocol fee stream, so fee-based measures such as fee revenue or fee yield are not available on this site for this asset. DCR is issued through block rewards split between proof-of-work miners, proof-of-stake ticket voters, and a treasury that funds development. Approximately 83.70 percent of the 21,000,000 maximum supply is already in circulation at the point-in-time snapshot, and the fully diluted valuation equals the current market capitalisation of 242,150,854 USD, indicating that essentially all remaining supply growth is negligible, as reflected in the near-zero dilution overhang figure.