Decred is an autonomous Digital Currency.
- What is Decred (DCR)?
Decred is an autonomous, open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain.
- How was Decred launched?
Decred is a fork of Bitcoin, initiated by the chicago-based Company Zero in February 2016.
8% of the total supply have been pre-mined, with 4% being distributed as community airdrop and 4% for paying back costs to the Company Zero and individual Decred developers.
There has been no sale of DCR to investors, no venture funding, and no payment to exchanges to be listed.
- Who is the team behind Decred?
Decred is a open source project with a large independent developer community.
A Main initiator of the project has been Jake Yocom-Piatt.
Some Contractors receiving funds from the development subsidy are Company Zero LLC, Block 42 and Radaeh Group.