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1 Level
6 Review
2 Karma

Review on Decred by Minh Hoang

Revainrating 4 out of 5

Once the transaction is completed, the funds will be transferred within 5…

Once the transaction is completed, the funds will be transferred within 5 minutes. You will lose a small fee to help maintain the network. This fee plus the transaction amount. For example, transmitting 100DCR will cost about 0.06DCR.
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Pros
  • There is an upfront fee to create a client account on a server, to discourage malicious behavior.
Cons
  • Decred is that the more ambitious parts of the project are still Work In Progress. They require trust in DHG (Decred Holding Group) to responsibly disburse funds, as well as faith in current and future contributers to execute what is planned.