Review on Decred by ThieT Ngo

Name: Decred
Item: Decred
Rating: 4

September 14, 2018

Address is the only thing needed to send or receive money. Can be easily…

Address is the only thing needed to send or receive money. Can be easily created from any wallet. Decredged addresses always begin with D and contain 26-36 alphanumeric characters.
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Pros

Order matching occurs pseudorandomly within epochs.

Cons

The biggest trade-off of Decred is that there are advantages to a centralized decision making authority. A dictator can make fast and sweeping decisions in the way that a collective cannot. However, history has shown that authoritarian forms of governance have many failure modes, and tend to fail catastrophically.