Pros
- A project to emerge
Cons
- None
Pros
- Community focused project.
- Composed of a generic and decentralized blockchain.
- It offers flexibility and ease of use as well as allowing for a democratic approach that enables continuous development.
- It is among the best cryptocurrencies on the market and is very accessible.
- It includes two work protocols that neither allow failures in the ecosystem.
- Smart contract functionality Includes cross-platform wallets
Cons
- Being dependent on a community, a clear reduction in the massive use of the platform can collapse the project.
Pros
- This is the USP of Decred, because it allows inclusion in decision-making by voting and makes it a peer-to-peer network with limited influence from minors. Its unique stakeholder governance characteristic allows its community to lead and reward projects
- Decred uses Simple Payment verification (SPV) support for its users - allowing them to make payments quickly without downloading the entire payment chain, while maintaining the security of their transactions through the interaction of their portfolios on the peer-to-peer network.
- Decred does not depend on centralized exchanges to exchange different digital currencies. Its users can perform over-the-counter (OTC) transactions without confidence through cross-chain atomic swaps without the help of a third party.
- With Lightning Network payment channels, atomic swaps are more powerful and easier to implement than what is offered by Decred's counterpart currencies.
- It is also universally fungible - a feature that any ideal cryptocurrency should have, but which, sadly, is lacking in many others.
Cons
- In addition, DCR tokens cannot be purchased with fiat currency such as the Euro or the Dollar. To become a DCR holder, you must purchase BTC, ETH or LTC before trading them for DCR on a cryptocurrency exchange.
- The drawback is the use of the Lightning Network box. Its mode of operation is very complex. This difficulty hinders users from using this new system, even if virtual currency has generated real excitement since its creation.
Pros
- Community led platform.
- Allows system and network updates without resorting to hard forks.
- Voting by consensus of users.
- Compatibility with multiple wallets.
- implementation in your Lightning Network, to make payments and fast transactions.
Cons
- Platform in general still under development.
- THE community is not that big
Pros
- - Decred goal is to eliminate hardforks on decred users can votes on changes before they happened.
- - lightning network
- launched by bitcoin developers Which wanted to create something better
- - The interesting part is that it's using PoA which is a hybrid of PoW and PoS consensus.
Cons
- - 8% of the tokens were pre-mined
Pros
- Decred is an opensource multi-platform digital currency. decred wallets support all operating systems.such as windows, mac, Linux android with just easy steps and the web wallets are so much easy to install and store decred. decred is also listed on biggest exchanges.
Cons
- The community of decred is small and not giving much support. also in the marketing purposes, it is lacking behind.
Pros
- Decred is a worlds securest cryptocurrency with having high volume and market cap. Decred team is always giving regular updates to their users and also eco-friendly with their developers and users. Decred also has a good stand on the market. It stands in between top 30 by market cap.
Cons
- The ecosystem and users are less joined to this project. Publicity is less in the market.
Pros
- Decred utilizes a hybrid consensus algorithm of Proof of Work (PoW) and Proof of Stake (PoS) for the purpose of voting to maximize the decentralization of the whole network. The anti-censorship blockchain-anchored public proposal principle of Decred platform paves the way to the ambition of creating a truly transparent blockchain of cryptocurrency world. The company behind Decred are tech-ready for the implementation of Lightning network sooner than other projects. Decred has a cutting-edge technology to support atomic swap without using any centralized exchanges. An official wallet has been available on many different platforms. The team contains many "OG" Bitcoin developers who have a cumulative experience of many decades
Cons
- - The adoption of Decred is what the team need to work on as the brand recognition seems to be not sufficient - The community behind it is not so big which affects a lot on the adoption aspect
Pros
- Decred is an open source and best cryptocurrency. decred does 2 types of mining 1) POW proof of work which is we can give computing power to validate transaction on the network and generates new Decred tokens. 2) POS proof of stake mining - using funds to vote on important network development matters and authorize the transaction for reward.
Cons
- Not have many cons. it is a coin which is in its progressing stage little more advertise and marketing must be done for much improvement in progress. There is a need for advertisement and marketing.
Pros
- DCR is an opensource based cryptocurrency. Decred is an anonymous cryptocurrency. Nobody can track the decred transaction. decred is a hybrid consensus system. decred total supply is much low. The decred development team is always an active milestone.
Cons
- like so many cryptocurrencies are adopted by the market but decred still doesn't have that much reputation and also people don't adopt so much.
Pros
- Decred blockchain is hybrid POS and POW. Decred have already lightening network some prominent crypto expert like Joel Monergo and Chrisburniske says that Decred killer features are the good governor and with good governance, you can have any feature you want . overall it is securest and full of many features coin.
Cons
- Decred is best and impressive cryptocurrency but still marketing is not much so its a big drawback in its progress. otherwise having much features and great for users. no specific cons are found.
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
Pros
- Decred is a cryptocurrency whose community is much more significant. decred just launched his mobile wallets. Decred is a decentralized autonomous digital currency. decred is providing great features for their users. It also offers much security- privacy. decred also share many of bitcoins positive qualities liked fixed monetary supply, disinflationary issuance, BIP39 wallet, etc.
Cons
- Decred doesn't have the best liquidity. So users are not able to trade comfortably on Decret, also in today's date, so many great and potential coins are available on the market.
Pros
- decred is a best anonomeous cryptocurrency . decred have great 24 hours volume for trading. transection is much better total supply is same is same as bitcoin i.e. 21 million. decred have planned to open its decentralized exchange , decred is going to do huge work in future.
Cons
- the community is just small and teamwork is poor. though its transaction is good and has many good features but then also the progress is very slow.
Pros
- Aims at building a democratic community where the users can take decisions regarding the coin on the basis of consensus.
- Community wielded and enable decentralized decision making and exhorts by offering rewards.
- It’s hybrid mining mechanism also makes it 51% resitant to attacks.
- Offers an innovative hybrid proof-of-work, proof-of-stake consensus voting system based on a modular codebase.
- No pre-mine, no ICO.
- Rather than spend money on marketing Decred, Company has chosen to focus on expanding its functionality.
Cons
- The system entails that whoever has more coins, can secure more votes that can turn the system into oligarchy.
- The transaction time taken is higher 5 MTS.
- The market adoption is minimal still which could be a drawback.
Pros
- decred is a fully decentralized cryptocurrency, decred uses the hybrid blockchain pow, and pos, decred is best privacy coin, the lightning network is already integrated on decred, the decred team says decred doesn't have any scalability issues, decred is planning to create is own powerful decentralized exchange it is good for decred
Cons
- decred is best and impressive coin but, we all know if coin team do marketing updating users gives daily news when only people know about that coin, decred squad is not much marketing or creating hype, and some significant updates also not coming by decred
Pros
- Decred network is a hybrid consensus system. It uses both Proof of Work and Proof of Stake mechanisms with the quality of unique adaptability.
- The whole project is very community driven with enabled decentralized decision making
- Resistant to 51% attacks due to the hybrid consensus mechanism
- Censorship resistant and smart contracts functioning on the public proposal platform
Cons
- Decred project is relatively new, and the market adoption of the coin is still somewhat minimal.
- Maybe the biggest challenge that the network will have to go through is moving from a man-managed fund to a decentralized DAO.
- Transaction time is relatively high. It can take roughly 5 minutes to confirm a transaction.
Pros
- Mining/Staking hybrid coin. Passive income Voting
Cons
- Transfer fees are on the higher end, but with the new updates (lightning network), this issue should dissapear.
Pros
- Decred has a 10% subsidy on all block rewards. This is to pay for future improvements to the network and the fund is accessible by anybody whose ideas are accepted, not just the core team. In order to ensure that both miners and ordinary users have a say in how the blockchain develops, Decred joins Dash in combining Proof-of-Work and Proof-of-Stake consensus methods. Decred uses a decentralized lottery to select PoS miners to vote of PoW blocks. The PoS and PoW subsidies account for 60% and 30% of each block subsidy, with 10% being set aside to compensate developers for future work. This system is similar to the Proof-of-Activity system developed by Iddo Bentov, Charles Lee, Alex Mizrahi and Meni Rosenfeld.
Cons
- Decred uses a combination of Proof of Work and Proof of Stake consensus methods. This is a fairly unique system designed to prevent either miners or large stakeholders from dominating the network. his method of voting has two advantages. First, it allows for users to direct the use of the development funds acquired from the 10% subsidy. Secondly, it allows Decred to sidestep the controversy that resulted from the Bitcoin Cash hard fork. It is impossible for a hard fork to take place without the support of the majority of the community.
Pros
- Decred was founded by company 0’s CEO, Jake Yocom-Piatt, and began trading on February 10th 2016 and the team contained many former bitcoin developers. Prior to the launch of Decred, there was a premine that amounted to 8% of the total supply. 4% of this was held by company 0 to compensate developers. The remaining 4% was airdropped for free to new users.
Cons
- Prior to the launch of Decred, there was a premine that amounted to 8% of the total supply. 4% of this was held by company 0 to compensate developers. The remaining 4% was airdropped for free to new users. Growth is propelled by the benefits of compliance-free peer-to-peer transaction, cross-border remittance transfer, increase in use cases, volatility in the stock market, fluctuating monetary regulations in different countries, transparency, and immutability of the distributed ledger technology and benefits such as faster transaction and reduction in total ownership cost. Many of the developers behind Decred are the same people who helped design the grandfather of all cryptocurrencies, Bitcoin. These developers were frustrated with what they saw as a centralized development team imposing their will upon the community. These frustrations led Alex Jacob-Pitt and the other developers to found Company 0 and launch Decred in February 2016.
