Decred is a hybrid blockchain platform that uses a combination of proof-of-work (PoW) and proof-of-stake (PoS) protocols. On December 15, 2015, the project’s creators first suggested the concept of Decred on Bitcointalk, an open platform for blockchain and crypto-focused discussions. Decred claims to make his network more stable and costly to attack than PoW or PoS blockchains by using a hybrid protocol for the blockchain. DCR is the crypto token of the network itself and its built-in governance mechanism enables token holders to make decisions relevant to any project changes. Nearly 12 billion DCR tokens out of the maximum supply of 21 billion are in circulation currently.

Buy Dent on the Swyftx with low trading fees and minimal spreads.