Header banner
Revain logoHome Page

Reviews

Global ratings 175
  • 5
    46
  • 4
    109
  • 3
    19
  • 2
    1
  • 1
    0

Type of review

Revainrating 4 out of 5

This review is if you are a long term investor, then this project is just for…

This review is if you are a long term investor, then this project is just for you because this is project long come to see. But I can wait and you are only a short term investor then change your prospective because crypto space is a long term investment no one earn a lot in just a blink of an eye

Pros
  • About the project this is the good features they have, it makes sure miners and users have the same amount of influence. Encourages members of their community to make the system better. And one the greatest asset of this platform is that their governance system wherein changes and update is depends on the votes of the community so this platform is community based and consider the opinions of the investor
Cons
  • Well this not good with this project is not for people who don't know how to hold because the project is for long term investor. This is not quite well good to consider, but let us see what will happen soon

Revainrating 4 out of 5

In terms of age in the cryptoworld, this project is fairly old. It took a…

In terms of age in the cryptoworld, this project is fairly old. It took a while before Decred got noticed, but now Decred’s governance and superior tech is finally recognized by the market we finally see a price range they deserve! I really like that this project is based on community power and that so called stakeholders are getting rewarded for their efforts. The website and wallet designs look really professional and the devs are working hard from day one which is good to see.

Pros
  • In addition to the technical features that make up the technology, Decred as a project introduces several development and governance features and proposals to ensure and steer long-term growth.
Cons
  • Not big community! If you have any problem to solve you can't find anyone for help coz community not active.

Revainrating 4 out of 5

A key aim of Decred is to ensure that consensus and growth are sustainable and…

A key aim of Decred is to ensure that consensus and growth are sustainable and efficient. To do this, they introduce several governance and development features to the community regularly. Decred isn’t a finished product, and is described as ‘constantly evolving’ to continuously maintain the best experience for everyone involved. They already have many future innovative features planned, and are always open to suggestions from the community so there is no limit to what can be achieved with the…

Pros
  • Universal Fungibility- Universal fungibility is fundamental to Decred being a store of value and attacks against it shall be actively monitored and countermeasures pursued as necessary.
Cons
  • For me i have a problem with downloading Decred Wallet but now solved.

Revainrating 4 out of 5

Decred is a great long term investment because it has a smart and active…

Decred is a great long term investment because it has a smart and active development team which is working hard on the Crypto. Its also a self founding project and has an implemented governance which is an awesome feature that lets the users vote and decide on further DCR development.

Pros
  • I really like that this project is based on community power and that so called stakeholders are getting rewarded for their efforts. The website and wallet designs look really professional and the devs are working hard from day one which is good to see.
Cons
  • Community not that active - Only 1 media specialist - Not that known project - Minor bugs on website

Revainrating 4 out of 5

Decred is essentially “Bitcoin with governance”. Many analysts attempt to…

Decred is essentially “Bitcoin with governance”. Many analysts attempt to categorize coins by industries, and the Level 1 hierarchy usually has three categories: currencies, platforms and applications. Decred is a currency that aims to be a store of value and medium of exchange, while improving on some of the drawbacks of Bitcoin.

Pros
  • The feature of governance model enables owners (stakeholders) to do voting on a specific agendas or proposals for the Decred blockchain. That may also be inclusive of decisions like whether the development team needs to start working on a specific feature or not, whether to do activation of the code of any pre-developed feature or not, or even what are the best ways to take advantage of the development subsidy. The cryptocoin makes use of a hybridized consensus system that helps in creating a balance between users and miners, thus enabling the most powerful altcoin or crypto coin after Bitcoin.
Cons
  • You can only stake if you buy a full ticket (~95 DCR, 3-8-'18). Though splitting a ticket will be possible in the future. The name Decred created feelings of akwardness and doubt because it wasn't clear how to pronounce. Yet another cryptocurrency that doesn't do that much new or better to justify being mass adopted.

Revainrating 4 out of 5

In general, a very good project, with great projection and scope over time…

In general, a very good project, with great projection and scope over time that can contribute a lot to the whole ecosystem, the only thing is the adoption with respect to it that affects its deflationary productivity aspect that also draws much attention to new investors and developers who investigate the project, although despite that, their prices have remained very good even with all that the market has suffered throughout the year 2018.

Pros
  • Decred is characterized by being autonomous in all its processes, its main objective is that the governance in block chains is as accessible as possible, which gives all those interested in the project to establish the rules and course that can Take the project in the future. These characteristics move away from the influence of third parties that could exert on the chain, which denotes a clear decentralization in all that DCR makes up as a Blockchain project. The system on which its codes and protocols are based means that the project always remains active and up to date, being one of the technologies in activating consensus voting throughout the ecosystem. They have a very innovative hybrid system that allows them to use the two most used protocols in the Blockchain world, such as the Work Test (PoW) and the Participation Test (PoS), in addition to intelligent contracts that function as the Lightning network. Atomic exchanges between different block chains and a very intuitive, easy-to-use multiplatform.
Cons
  • The truth is I see the project very well established, however, in my opinion, more adoption is needed with respect to what it can offer to the whole ecosystem, maybe this would explain the low volume of daily transactions despite being a very good project which also influences its market capitalization.

Revainrating 4 out of 5

The cryptomoeda Decred has as main objective to be a democratic currency, not…

The cryptomoeda Decred has as main objective to be a democratic currency, not giving the founders and miners the chance to obtain advantages over the users of the asset. with the combination of the POW and POS system the cryptomoeda is not in the hands of a group of people (miners), since it distributed the power of decision among all the community. Although there are other currencies with the same proposal, the DECRED has an immense potential of growth because what determines the success of a…

Pros
  • Is an autonomous digital currency. They have an innovative and hybrid voting system by consensus of Proof of Work (PoW) and Proof of Stake (PoS). It has a base in its open source of the modular type, which allows it to adapt to the new blockchain technologies. Smart contracts that work, such as the Lightning network.
Cons
  • Stochastic nature of staking. Though the randomly selected variability in voting is a security feature, locking up a substantial amount of funds for an indeterminate amount of time that can be up to 4 months has a lot of negative implications (not every can afford to have their $ be so illiquid). Ticket splitting will help with this.

Revainrating 4 out of 5

Where crypto coins like bitcoins and others allow miners to have and maintain…

Where crypto coins like bitcoins and others allow miners to have and maintain a stronger level of power than users, the company applies more equal and fair system. Apart from creating a more supportive and robust community by virtue of their values, the community is also free to become an essential part of Decred project as the latter is always open to evolve and ready to receive your suggestions from the developers who get rewarded with the monetary benefits. Decred, as a crypto coin, truly…

Pros
  • Its every potential and existing user can share and communicate his/her ideas and opinions with no fear of being censored. It considers all fact-based and reason-based constructive speech.
Cons
  • They have problem with Proof-of-Work Mining but they sloved it.

Revainrating 4 out of 5

They have a platform of public proposals linked to block chains and resistant…

They have a platform of public proposals linked to block chains and resistant to censorship. Easy-to-use cross-platform wallets and an atomic exchanges in interchain between different digital currencies.

Pros
  • Decred is a cryptocurrency blockchain-based platform. It was designed by Jake Yocom-Piatt and launched on March 2014. Its main purpose was to change the entire way a blockchain is seen. The platform allows corporations to control their cryptocurrency. The Decred is not about block sizes and mining tokens. It also relates to a new age of blockchain’s technology. You can customize the signature algorithm and control the directions of your cryptocurrencies.
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.

Revainrating 4 out of 5

The cryptomoeda Decred has as main objective to be a democratic currency, not…

The cryptomoeda Decred has as main objective to be a democratic currency, not giving the founders and miners the chance to obtain advantages over the users of the asset. with the combination of the POW and POS system the cryptomoeda is not in the hands of a group of people (miners), since it distributed the power of decision among all the community. Although there are other currencies with the same proposal, the DECRED has an immense potential of growth because what determines the success of a…

Pros
  • In terms of age in the cryptoworld, this project is fairly old. It took a while before Decred got noticed, but now Decred’s governance and superior tech is finally recognized by the market we finally see a price range they deserve!
Cons
  • Project Fund Control – Politeia is almost out the door but it’s my understanding project funds will still remain under human control. This requires stakeholders to put trust in that person(s).

Revainrating 4 out of 5

The biggest power of Decred is its community. The development team is made up…

The biggest power of Decred is its community. The development team is made up of old developers from major cryptographic projects, most notably the btcsuite developers, a Bitcoin version written in the Go programming language. Btcsuite has been used for other projects. If the team can build great Decred Extension features in a way that makes it more useful for community members, adoption of Decred will continue to grow as good governance drives decisions. good. However, if Decred's…

Pros
  • The project is relatively young, at almost 2 years since launch. So it's still getting in early.Great, active community, that is distributed pretty evenly around the world.Big war chest in the community treasury (something like $30-40 million currently). Support from many influential community members including Charlie Lee & Jimmy Song. At least 2 competing ASICs coming out next year... should be an indicator of where some see this project going.
Cons
  • The community is not strong There is only one media expert Not a famous project Small bug on the site

Revainrating 4 out of 5

A huge part of Decred is solving development funding without doing legally…

A huge part of Decred is solving development funding without doing legally questionable ICOs. Part of that is solved with 10% of the block reward going to a development fund, Decred's codebase is derived from btcsuite, a full node Bitcoin implementation written in Go.

Pros
  • Decred developers created the first functioning cryptocurrency atomic swap between Decred (DCR) and Litecoin (LTC) on September 19, 2017, core development team that is vested in the coin. Decred shares many of Bitcoin's positive qualities: fixed monetary supply, disinflationary issuance of the coin over time through mining, BIP39 wallets, etc.
Cons
  • You can only stake if you buy a full ticket (~95 DCR, 3-8-'18). Though splitting a ticket will be possible in the future, the name Decred created feelings of akwardness and doubt because it wasn't clear how to pronounce. Yet another cryptocurrency that doesn't do that much new or better to justify being mass adopted.

Revainrating 4 out of 5

decred feature and the decentralized system is so much attractable to users…

decred feature and the decentralized system is so much attractable to users, and hybrid technology is one of the best technology includes all factors pos and pow, but an only team needs to do marketing otherwise project is futuristic

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

Revainrating 4 out of 5

Bitcoin may be the superpower in the Blockchain and cryptocurrency world for…

Bitcoin may be the superpower in the Blockchain and cryptocurrency world for now, just as Netscape was once a superpower. Then the internet came along. Decred may not be the internet, but such improvements are coming. It would be in all our interests if people started paying attention to this particular cryptocurrency. It has vision.

Pros
  • This was a great improvement from Bitcoin, but that’s not all Decred can do. What if Soni, a brilliant developer, has an idea that could revolutionize Bitcoin? Unfortunately there is no way for her to easily propose and help implement that idea in the current Bitcoin system. But because Decred believes their biggest strength is their community, they welcome Soni and her proposal. With help from other Decred community members, Soni’s idea flourishes, and Decred grows exponentially. This happens all the time!
Cons
  • I discovered Decred and was pretty flabbergasted I hadn't found it earlier, or at least dismissed it at the time. In my opinion it has a pretty perfect system of decentralised development/power, staking coins preventing a sudden (negative) market movement, high security through the hybrid PoW/PoS system and a predictable & transparent coin distribution, which is deflating like Bitcoin.

Revainrating 4 out of 5

The only thing you need to start sending the cryptocurrencies is your private…

The only thing you need to start sending the cryptocurrencies is your private address which is generated when creating an account with Decred wallet. Your transfer will be sent immediately and the verification lasts for about 5 minutes. You can customize the signature algorithm and control the directions of your cryptocurrencies.

Pros
  • Decred is a cryptocurrency blockchain-based platform. It was designed by Jake Yocom-Piatt and launched on March 2014. Its main purpose was to change the entire way a blockchain is seen. The platform allows corporations to control their cryptocurrency. The Decred is not about block sizes and mining tokens. It also relates to a new age of blockchain’s technology. You can customize the signature algorithm and control the directions of your cryptocurrencies.
Cons
  • There are still few merchants that use Decred token, the team also has its presence on Discord, reddit, Telegram, along with other social media platforms.

Revainrating 4 out of 5

Decred is anonymous coin which is an opensource cryptocurrency which is much…

Decred is anonymous coin which is an opensource cryptocurrency which is much beneficial for users and also gives many benefits but there is a need for little growth and little hardwork of the decred team. otherwise, overall decred is a nice project.

Pros
  • decred is one of the opensource cryptocurrency; we can stake decred coin. Some decred stake pools are stake.net. decred has completed on chain automic swaps on 2017. decred is the anonymous coin having a good little volume in the market than some others coins. Decred has the good reputation in cryptomarket.
Cons
  • The ecosystem of decred is inferior. The community is less and also the count of people joined to this project are also less. Teamwork is not so supportive. development of this project is small

Revainrating 4 out of 5

Decred is a blockchain-based platform that was designed to become a better…

Decred is a blockchain-based platform that was designed to become a better network than Bitcoin. The algorithm was more advanced by the time Decred was launched.

Pros
  • You can customize the signature algorithm and control the directions of your cryptocurrencies, You can opt for Web Wallet or choose to download it, the fee for 1 DCR token sent is almost zero.
Cons
  • There are still few merchants that use Decred tokens, you can’t buy tokens with fiat currencies. The easiest way to do this is by getting some Bitcoins first and only then exchange them on Bittrex, Poloniex or other online platforms into Decred tokens.

Revainrating 5 out of 5

Decred shares many of Bitcoin's positive qualities: fixed monetary supply…

Decred shares many of Bitcoin's positive qualities: fixed monetary supply, disinflationary issuance of the coin over time through mining, BIP39 wallets, etc. Decred, as a crypto coin, truly works great with sufficiently greater chance of potential growth in the long run.

Pros
  • The feature of governance model enables owners (stakeholders) to do voting on a specific agendas or proposals for the Decred blockchain. That may also be inclusive of decisions like whether the development team needs to start working on a specific feature or not, whether to do activation of the code of any pre-developed feature or not, or even what are the best ways to take advantage of the development subsidy. The cryptocoin makes use of a hybridized consensus system that helps in creating a balance between users and miners, thus enabling the most powerful altcoin or crypto coin after Bitcoin.
Cons
  • Unlike other digital currencies such as BitShares (BTS), Cardano (ADA), Dent (DENT), and etc., Decred is the brainchild of the few Bitcoin developers who desired to come up with an absolutely decentralized cryptocurrency where certain people couldn’t influence others. The team also has its presence on Discord, reddit, Telegram, along with other social media platforms.

Revainrating 4 out of 5

Can be considered as a good investment and can easily be used for fast and…

Can be considered as a good investment and can easily be used for fast and secure transactions in the future.

Pros
  • Gives solutions to the current over centralization problem of bitcoin and it is a hybrid of PoW and PoS.
Cons
  • might arise conflicts between two super coins from the same developer community and there has already been concerns

Revainrating 4 out of 5

Decred is an open-source, community-based cryptocurrency. Decred was launched…

Decred is an open-source, community-based cryptocurrency. Decred was launched in February 2016 by the bitcoin developers that engineered btcsuite, an alternative full-node Bitcoin implementation written in the Go (golang) programming language and is used by development projects such as Ethereum, Factom, BitGo, OpenBazaar, and the Lightning Network.

Pros
  • Decred developers created the first functioning cryptocurrency atomic swap between Decred (DCR) and Litecoin (LTC) on September 19, 2017. Decred shares many of Bitcoin's positive qualities: fixed monetary supply, disinflationary issuance of the coin over time through mining, BIP39 wallets, etc. A huge part of Decred is solving development funding without doing legally questionable ICOs. Part of that is solved with 10% of the block reward going to a development fund.
Cons
  • You can only stake if you buy a full ticket (~95 DCR, 3-8-'18). Though splitting a ticket will be possible in the future. The name Decred created feelings of akwardness and doubt because it wasn't clear how to pronounce. Yet another cryptocurrency that doesn't do that much new or better to justify being mass adopted.