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Review on Decred by Thuan Thien

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.
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Pros
  • Order sizes on both the buy and sell side of a trading pair have standardized lot sizes.
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.