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Revainrating 5 out of 5

With the security and technology used by DCR they have survived to date they…

With the security and technology used by DCR they have survived to date they use a sound collection system of consensus proof-of-work and innovative hybrid proof-of-work. I guess that's good.

Pros
  • Decred was built to survive. The activities and quality of their team's development are among the highest in space. with its advanced Decred software features including a consensus proof-of-work voice collection system and innovative hybrid proof-of-work.
Cons
  • They use highly sophisticated technology, and they have to tell everyone.

Revainrating 4 out of 5

Like other decentralized electronic money, Decred uses encryption to secure…

Like other decentralized electronic money, Decred uses encryption to secure transactions on his network and also to control the creation of new coins into the system. It has a public ledger in which all transactions are recorded.

Pros
  • Server operators collect no fee for matching orders.
Cons
  • Liquidity is low (1.5M USD right now on coinmarketcap, much lower than almost all competitors). This may be affected by the small ecosystem, negative pressure on trading via staking, lack of payments mechanisms, etc.

Revainrating 5 out of 5

The main focus of decred is on community input, public management and…

The main focus of decred is on community input, public management and sustainable finance and development. Until now, the governance system worked as planned, as planned. Stakeholders can vote if they want to change the protocol, and the necessary updates are done efficiently with the help of the community.

Pros
  • A powerful mix of proof-of-work (PoW) and proof-of-pee (PoS) mining is used to disseminate the decision-making process. The role of the governance model allows the owner (stakeholder) to vote on a particular agenda or proposal for a particular block or issue
Cons
  • Although ,successful in development and sound engineering, the biggest challenge for it is to get more adoption and increase community. In addition, Ethereum plans, according to some media reports, soon to introduce a similar PoS governance system, so the governance model of decred alone might not sustain it for long.

Revainrating 5 out of 5

This is a zoo project and have the major development to be future. Project…

This is a zoo project and have the major development to be future. Project that may to provide multiple utilities in the cash transaction....

Pros
  • It was found it and the well development in the future future. same as a development team and support not supported.
Cons
  • Not unused mode to large in this project.

Revainrating 3 out of 5

In many ways, Decred is a balance between extremes. With the use of the…

In many ways, Decred is a balance between extremes. With the use of the lighting network, Decred block confirmation times will not be issue anymore since we will have instant confirmation on LN. It does require on-chain transaction to open and close LN channels, but in everyday use we wil have instant confirmation. There are numerous projects that are similar and can easily crush their use case with less effort, so for me this is a no go area for investments

Pros
  • I am particularly not invested or interested in Decred, but I cant look past their inexperienced team trying to pull weight and make a name for themselves. Hopefully they get to proove me wrong and come up with an advanced product in the future, which will gain widespread acceptability.
Cons
  • It should also be called the red coin because it keeps falling and depreciating in value as the day goes by.

Revainrating 3 out of 5

Decred is essentially “Bitcoin with governance”. Decred is a currency that…

Decred is essentially “Bitcoin with governance”. Decred is a currency that aims to be a store of value and medium of exchange, while improving on some of the drawbacks of Bitcoin. In essense, Decred is the bitcoin you wanted bitcoin to be. Decred uses a different consensus mechanism than Bitcoin. This allows the coin to fund itself, build in on-chain governance, and arguably become more secure.

Pros
  • Hybridization of PoW and PoS realigns incentives to make a more sustainable system. In this hybrid model, 60% of block rewards go to the miners, 30% goes to voters, and 10% is reserved for the project treasury. Decred is also resistant to the two most common attack vectors in crypto currencies and Blockchain
Cons
  • They have a relaively small team compared to many projects that have gained limelight recently and they seem not to explore numerous options, but are kind of reserved in their approach.

Revainrating 5 out of 5

A censorship-resistant blockchain-anchored public proposal platform Smart…

A censorship-resistant blockchain-anchored public proposal platform Smart contracts that work such as Lightning Network

Pros
  • Decred is an autonomous digital currency. With a hybrid consensus system, it is built to be a decentralized, sustainable, and self- ruling
Cons
  • I know they are infamous for not responding for months, and will probably realise there is an issue and fix before it gets read, but I'll create one just in case.

Revainrating 4 out of 5

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.

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.

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.

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.

Revainrating 5 out of 5

The developers of Decreds say that the technology is easy to use, allowing…

The developers of Decreds say that the technology is easy to use, allowing users to receive, send and exploit digital money in just a few clicks. Decred also offers a number of command line tools to allow you to customize the user experience.

Pros
  • It uses on-chain transactions for order fulfillment and rule enforcement.
Cons
  • Relatively small and poorly visible ecosystem. Given a market cap that fluctuates between ~400 and ~800 million USD, the ecosystem of users and other participants seems very low. For example, this subreddit has only 8.5K readers, and something like a couple meaningful threads a day. I think there is more active discussion elsewhere (Slack, etc.), but these are not totally public facing and do not contribute to the public footprint of the project.

Revainrating 4 out of 5

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.

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.

Revainrating 4 out of 5

The hybrid PoW / PoS system implemented by Decred allows Miners to create new…

The hybrid PoW / PoS system implemented by Decred allows Miners to create new blocks and stakeholders vote to verify the blocks created by the miners. Consequently, the process of creating consensus is balanced with the miners and stakeholders contributing to the ecosystem.With this, the hybrid consensus system is stable and secure, giving the opportunity for any party to dominate the decred blockchain by zero.

Pros
  • Server operators never take custody of client funds.
Cons
  • As an investor I would not assume the project fund will be used as a resource to directly benefit decred. It will be spent wherever the stakeholders decide to spend it.

Revainrating 4 out of 5

You can create decrypt wallets easily without downloading any tools on your…

You can create decrypt wallets easily without downloading any tools on your computer through wallet.decred.org online wallet creation site. Just a few minutes to create a wallet and can start sending, receiving virtual currency Decred. It is similar to when you use Blockchain wallet to trade Bitcoin.

Pros
  • Order sizes on both the buy and sell side of a trading pair have standardized lot sizes.
Cons
  • Coin Distribution – while better than most projects I still think it presents a challenge going forward.

Revainrating 4 out of 5

There are three main ways to interact with Decred:E-wallet: To send and…

There are three main ways to interact with Decred:E-wallet: To send and receive money as well as to participate in the exploitation of PoS.Proof-of-Work Mining: Uses computational power to validate transactions on the network and generates a new Reduction Signal. Proof-of-Stake Mining: Use funds to vote for important network development issues and confirm transactions to reward.

Pros
  • Limit orders and cancels are broadcast by clients via the server, but market orders are routed from client-to-client.
Cons
  • Liquidity – There is a lot of manufactured liquidity numbers in cryto. I believe dcr’s volumes are closer to “true” liquidity than most, but the low numbers are a concern.

Revainrating 4 out of 5

Decred provides transactional hashes that can not be changed, separating the…

Decred provides transactional hashes that can not be changed, separating the transaction signatures from the rest of the transaction data. This is similar to what SegWit achieved in Bitcoin. Decred also uses Schnorr's signatures, which are also capable of signing transactions outside the chain. These features are what make Decred more leviable than a stepcoin.

Pros
  • It is architected as a simple client and server, without a corresponding token or a blockchain.
Cons
  • To date the founders have been ultra conservative with project fund expenditures which is awesome. I thought the purse strings would loosen up when pi went live but not significantly. Now I’m more informed and it is clear there will be no bounds to it’s use.

Revainrating 4 out of 5

The project is the result of the proposed theoretical work by the PoA and MC2…

The project is the result of the proposed theoretical work by the PoA and MC2 in 2013. Decred began development in April 2014 with a single developer and expanded to include Developers from Btcsuite soon after.

Pros
  • Near-instant exchange for smaller orders can be achieved through a related off-chain LN-based network which uses atomic swaps.
Cons
  • Centralization – While every day there are more contributors to the project, it is clear the key decisions and leadership are still firmly in the grasp of the original development team. They are working hard on code so decisions can be made by stakeholders, but we aren’t there yet.

Revainrating 4 out of 5

The algorithm is intended to allow the user to agree on the status of the…

The algorithm is intended to allow the user to agree on the status of the blockchain. There are two strategies for achieving consensus on a hierarchy. Proof-of-Work (PoW): It only receives rewards for the work you invest in the system. This step requires computing power in solving puzzles. For every solution, a new block is created. So, the more work you put in, the higher the reward. Proof-of-Stakes (PoS): This is a reward for what you bet. This requires you to keep your coins affected for…

Pros
  • It facilitates exchange between only cryptocurrencies, not fiat currencies.
Cons
  • Project Fund Focus – Here’s where I’ll get some heat. When I initially conceptualized the project fund uses I assumed the community would see this as a resource to benefit decred specifically.

Revainrating 4 out of 5

Its goal is to create a proof-of-work and proof-of-stake (PoP / PoS) system to…

Its goal is to create a proof-of-work and proof-of-stake (PoP / PoS) system to balance the PoW miners and PoS voters to create a stronger idea.

Pros
  • Servers can connect via a mesh network to allow cross-server order matching.
Cons
  • Project Fund Control – Politeia is almost out the door but it’s my understanding project funds will still remain under human control. This requires stakeholders to put trust in that person(s).

Revainrating 5 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.

Pros
  • Orders placed on the exchange can be internally regulated via rules enforced by the clients and the server.
Cons
  • Development Pace – Good devs are hard to find and like every other project in crypto there aren’t enough of them. In time decred should win out here because of the project fund.

Revainrating 4 out of 5

The Main Network Block Explorer allows users to search all blocks and…

The Main Network Block Explorer allows users to search all blocks and transactions in blockchain decred.

Pros
  • Malicious clients are managed using a reputation system based on Politeia.
Cons
  • Project Fund Focus – Here’s where I’ll get some heat. When I initially conceptualized the project fund uses I assumed the community would see this as a resource to benefit decred specifically.