Decred Price Analysis – 17th December 2021
Decred Price Analysis - 17th December 2021
Decred (DCR) launched in 2016 and was originally a fork of the Bitcoin codebase. Decred incorporates governance functions using a hybrid Proof of Work (PoW) and Proof of Stake (PoS) consensus system. The hybrid consensus system attempts to shore up the vulnerabilities of both designs.
Decred’s v1.6 (aka Hidden Hydra) launched in January. The project says this is the biggest update in its history with Decred’s history with several major and numerous smaller upgrades. Full details are available in this project Medium post.
Technical analysis
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