1 Level
6 Review
7 Karma
Review on Decred by hung toan
Decred is an open, progressive, and self-funding cryptocurrency with a system…
Decred is an open, progressive, and self-funding cryptocurrency with a system of community-based governance integrated into its blockchain. At its core is a hybridized proof-of-work proof-of-stake (PoW/PoS) consensus system that aims to strike a balance between PoW miners and PoS voters to create a more robust notion of consensus. The project is a result of the theoretical proposals brought by proof-of-activity (PoA) and MC2 in 2013.
Pros
- Brilliant and active developments from the developers. Involving the advanced technologies in the platform, Hybrid PoW- PoS consensus, lightning network, cross-chain atomic swaps, etc.
Cons
- The community doesn't seems active. The market becomes more competitive compared to 2 years ago.
