Header banner
Revain logoHome Page
Mudashir Yetunde photo
1 Level
9 Review
4 Karma

Review on Decred by Mudashir Yetunde

Revainrating 4 out of 5

Decred is a blockchain-based platform that is supposed to be a better network…

Decred is a blockchain-based platform that is supposed to be a better network than Bitcoin. This algorithm was developed further until Decred was published. The platform enables companies to control the decryption. Decred is not a block size or a mining token. It's also connected to the blockchain technology of the new era. You can customize the signature algorithm and control the direction of cryptocurrencies.



Pros
  • It is a decentralized blockchain-based platform; The fee for 1 sent DCR token is almost zero; - You can choose the Web Wallet or download it. - You can customize the signature algorithm and control the directions of your cryptocurrencies.
Cons
  • Adoption rate is relatively low as they are only few merchants that use Decred tokens.