Showing a parabolic price growth under a limited circulating supply of 16,726,212.

Decred was reportedly formed in 2013 with a focus on protecting cryptocurrency mining and minting from further centralization. For this reason, Decred uses a combination of proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms in order to support and secure its blockchain network.

The group behind Decred started in the online Bitcointalk community and supposedly began discussing ideas for a new altcoin that would address some of the issues in crypto at the time. Among those issues was the heavy centralization of blockchain mining and minting protocols. #DCR $DCR