Yobit Decred (in BTC) Profile

0.000196  4.09%
0.0Last Month High 0.0 
0.0Trading Day  High 0.01 
Yobit Decred BTC is online market maker for p-to-p digital money denominated as Cryptocurrency. Yobit Decred BTC is traded in Bitcoins. BTC cryptocurrencies are getting accepted more and more by many online vendors as a form of payment for goods or services. Please note that Yobit Decred BTC has not being traded in the last 1 month and is extremely volatile.
Decred is an open, progressive, and self-funding cryptocurrency with a system of community-based governance integrated into its blockchain. At its core is a hybridized proof-of-work proof-of-stake consensus system that aims to strike a balance between PoW miners and PoS voters to create a more robust notion of consensus. The project is a result of the theoretical proposals brought by proof-of-activity and MC2 in 2013. Decred development started in April, 2014 with a single developer and expanded to include developers from btcsuite shortly thereafter. Decred is built in the spirit of open participation and we have provided below a full disclosure of the technical features of the system, wallets and mining, initial funding and distribution, project governance and development, and a group contribution timeline. Decred opted for a different funding model in an attempt to shift the risk carried by supporters to the developers of the project. Instead of asking interested parties to fund the development of the software, the developers decided to pool funds together and carry the project to completion before making it public. The consensus was that this is an ethical path given the realities of funding software development, due to the fact that the developers alone carry the risk of the project failing, whereas in the past potential users were expected to pay for coins before any code was written. We felt this was unjust. The development of Decred was funded by Company 0 and from the pockets of its developers individually. The cost of developing the project, in terms of developer pay, totals to approximately USD 250,000, which Company 0 paid to developers. An additional amount of approximately USD 165,000 has been allocated for unpaid work and individual purchases by developers. We felt that the most equitable way to handle compensation for these expenses was to perform a small premine as part of the project launch

Yobit Decred BTC Risk Profiles

Yobit Decred BTC Technical Analysis

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Yobit Decred Against Markets

Yobit Decred BTC is online digital money exchange where you can buy or sell Decred for Bitcoin. Decred is peer-to-peer digital currency powered by the Blockchain technology.
NameYobit Decred BTC
Crypto InstrumentBTC Decred
Exchange TypeCryptocurrency Exchange
DirectoryCryptocurrency Directory
Coin TypeDecred
Market MakerYobit
Proof TypePoW/PoS
Latest Date TradedDecember 15, 2017
Maximum Coin Supply21 Million
Mining Start Date08/02/2016
Last Block ReportedDecember 15, 2017
Total Coins Mined6.36 Million

Yobit Decred Alerts

Equity Alerts and Improvement Suggestions
Yobit Decred BTC has some characteristics of a very speculative penny stock


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