Review on Decred by Jeff Shaw
dual proof of stake and proof of work protocol
Decred forked from the Bitcoin protocol to improve on two apparent deficiencies of bitcoin including governance and long-term funding. The protocol implements a dual proof of work and stake model to balance the interests of governance and rewards to fund the project. The project has become more popular and has had an increase in adoption and community support. The project has a solid start.
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Pros
- funding mechanism
- governance
Cons
- network security compared to Bitcoin
