KuCoin cryptocurrency exchange is excited to announce on its newest listing of another unique project Decred, the first decentralized autonomous digital currency.
DCR is now available for deposit with trading pairs including DCR/BTC and DCR/ETH. Buying starts at 19:30 UTC+8 while Selling/Withdrawal at 20:00 UTC+8.
All trading transactions are done utilizing their Android and iOS apps, or through their official site, www.kucoin.com.
About Decred (DCR)
Decred (DCR) is an autonomous digital token where its stakeholders are component of the decision-making as it has a decentralized and sustainable highlight giving the term as “a self-ruling token.” This cryptocurrency has established its priorities as having decentralized management and the creation of settlements on the blockchain.
How Decred (DCR) Operates
Decred uses an advanced hybrid Proof-of-Work and Proof-of-Stake to validate the blocks open. Therefore, the stakeholders or the token holders are contributing the approvals to the coin miners building the blocks for rewards. It is an advanced system as it guarantees that the miners are not there just for the short term profits on their investment on their hardware.
The Core Team
Decred had a simple beginning as it originated as a projection established in April 2013 by Adam Mckenzie. The present project leader and CEO of Company Jake Yacom-Piah accumulated, developed and launched Decred in March 2014.
Over the past years, it has associated with many other members into its team with the lead developer Dave Collins. The team centers and fully includes in developing Decred be the first ever Decentralized Autonomous Entity.
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