DECRED goes on Upbit exchange, price peak 36%
Decred, a currency that's positioning itself to take on Bitcoin's dominance, was registered on South Korean exchange Upbit earlier today. The value of Decred spiked 36% in less than 10 minutes taking the value of the coin to $166 on CoinSpot at 4 PM
Decred has a strong focus on open governance and markets itself as a more decentralised coin as opposed to Bitcoin. Decred uses a hybrid of proof-of-stake and proof-of-work mining system to ensure that no one group monopolises transactions. Decred has a circulation supply of 7,145,743 and a maximum supply of 21 M.