1 Level
15 Review
22 Karma
Review on Decred by Tiger Lee
A huge part of Decred is solving development funding without doing legallyβ¦
A huge part of Decred is solving development funding without doing legally questionable ICOs. Part of that is solved with 10% of the block reward going to a development fund, Decred's codebase is derived from btcsuite, a full node Bitcoin implementation written in Go.
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Pros
- Decred developers created the first functioning cryptocurrency atomic swap between Decred (DCR) and Litecoin (LTC) on September 19, 2017, core development team that is vested in the coin. Decred shares many of Bitcoin's positive qualities: fixed monetary supply, disinflationary issuance of the coin over time through mining, BIP39 wallets, etc.
Cons
- You can only stake if you buy a full ticket (~95 DCR, 3-8-'18). Though splitting a ticket will be possible in the future, the name Decred created feelings of akwardness and doubt because it wasn't clear how to pronounce. Yet another cryptocurrency that doesn't do that much new or better to justify being mass adopted.
