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Review on Decred by arman shah

Revainrating 5 out of 5

Decred will be a full DAO. It's the only coin that gives users the power to…

Decred will be a full DAO. It's the only coin that gives users the power to evolve the coin into anything new they want through binding on-chain governance. It is an excellent project in the market of cryptocurrency.

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Updated 5 years ago
Rating has not been changed
World's innovative hybrid proof-of-work (PoW) proof-of-stake (PoS) consensus voting system used for decred voting

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Pros
  • Decred is one of the great projects from the cryptocurrency. Decred shares many of Bitcoin's positive qualities: like fixed monetary supply, disinflationary issuance of the coin over time through mining, BIP39 wallets, etc. it is used by development projects like ethereum, BitGo, lightening exchange. Having a great volume in the market.
Cons
  • I didn't find any cons, but personally, I feel that the name Decred created feelings of awkwardness and doubt because it wasn't clear how to pronounce