Obscure Impressive L1 Decred - Accumulation then Markup
Who created Decred?
Decred originated in 2013 as a product of pseudonymous developers tacotime and _ingsoc, with the release of its whitepaper “Memcoin2: A Hybrid Proof-of-Work, Proof-of-Stake Crypto-Currency.”
In 2014, the project was introduced to an open-source development firm led by Jake Yocom-Piatt called Company 0 (C0), who helped launch its mainnet in February 2016.
At launch, 8 percent of tokens (1,680,000 DCR) were pre-mined and split evenly amongst the developers at C0 (4 percent of total supply) and a list of airdrop participants (4 percent of total supply).
Decred originated in 2013 as a product of pseudonymous developers tacotime and _ingsoc, with the release of its whitepaper “Memcoin2: A Hybrid Proof-of-Work, Proof-of-Stake Crypto-Currency.”
In 2014, the project was introduced to an open-source development firm led by Jake Yocom-Piatt called Company 0 (C0), who helped launch its mainnet in February 2016.
At launch, 8 percent of tokens (1,680,000 DCR) were pre-mined and split evenly amongst the developers at C0 (4 percent of total supply) and a list of airdrop participants (4 percent of total supply).