Thanks for your attention.
💉
X Followers: 54,000
Long-term holding: 2 stars★★
Growth potential: 2 stars★★
DCR has an advanced PoW + PoS hybrid mechanism. All blocks produced by PoW must be verified by PoS to become legal blocks, which is the consensus mechanism of POW packaging accounting + POS voting governance.
In the DCR network, the phenomenon of computing power monopoly is almost eliminated, solving the governance mechanism problem of decentralized projects.
The total number of DCR coins is 21 million, and about 5.96 million have been mined so far, of which 43.1% are generated by PoW mining and 21.5% are generated by PoS mining.
Decred is focusing on developing cross-chain atomic swap transactions.
Atomic swaps use Bitcoin’s scripting language to build smart contracts and authorize cross-chain transactions. The prerequisite for realizing such transactions is to find a way to solve the hash function preimage.
The significance of atomic swaps is to achieve true decentralization and abandon third-party institutions such as exchanges to conduct asset transactions.
Supply: 21 million
Circulation: 15,767,600
Circulation rate: 75%
Market capitalization: $249 million
Average
The basic chain is also a mining coin. Its original purpose was to replace the BTC chain. Of course, everyone wants to be the boss, but Bitcoin is still Bitcoin, so its current direction has turned to trying to achieve truly decentralized transactions.
Compared with its sector and track, it seems to have no special features and market popularity. With the arrival of the bull market, its growth expectations can be conservative.
Currency: #dcr
Type: Medium and long term
Buy point 1: 12.3
💉
Sell point 1: 18.5
Sell point 2: 21.7
Sell point 3: 32.8
Sell point 4: 87.6
