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Revainrating 3 out of 5

Only project with functional on-chain governance. Did the first ever on-chain…

Only project with functional on-chain governance. Did the first ever on-chain user activated hard fork. Everyone says this, but fantastic devs. Ours include the developers of btcsuite, & also the author of the atomic swap code used by btc and ltc recently. Unique hybrid PoS/PoW system that is extremely resilient to attacks. Making a 51% attack extremely difficult & a minority hard fork nearly impossible for example. Direct PoS. No masternodes or DPoS where you will inevitably run into issues

Pros
  • Low supply (21.000.000) -A self-founding project with a system of community-based governance integrated into its blockchain -The system enables and encourages members of their community to make it better
Cons
  • recently 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. I immediately started exchanging a significant chunk of my cryptos to decred and I'm thinking of exchanging more shortly.

Revainrating 4 out of 5

Officially launched in February 2016, Decred is an altcoin quite like Bitcoin…

Officially launched in February 2016, Decred is an altcoin quite like Bitcoin. However, dissimilar to other altcoins, the prime focus of this crypto coin revolves around community input, open governance and sustainable financing and development. 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. It also takes advantage of a hybrid proof-of-work and…

Pros
  • DCR is a decentralized blockchain-based platform Good community Successful Project
Cons
  • I can Not Find Any Negative review Yet

Revainrating 5 out of 5

all that we have seen from the decred team so far is a nice and 100% open…

all that we have seen from the decred team so far is a nice and 100% open source project with the will and power to be still in existence in about 10years. I certainly believe that if a coin like decred is meant to be used worldwide it is capable of it.

Pros
  • decred is a second gen coin that is driven by its willpower to make stakeholders more important than most other coins do. they created a voting model to make sure that everyone that hase some decred gets a chance to let them hear what they think. what also makes decred a nice project is that the coin and project itself is 100% open source. they also have a miner that is just for decred.
Cons
  • when people stop using the decred mining system there could be a systematic problem that should be solved immediately, as long as they make sure that the decred 1 is profitable they don't need to worry on this part.

Revainrating 5 out of 5

I really like that this project is based on community power and that so called…

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
  • 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.
Cons
  • 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!

Revainrating 5 out of 5

One of the most interesting aspects of the Decred cryptocurrency is how it…

One of the most interesting aspects of the Decred cryptocurrency is how it tries to combine the notion of digital money like Bitcoin with some sort of decentralised governance. This is done through the use of different mining protocols. I like this project !

Pros
  • Decred is also ahead in terms of implementations of some of latest technology in the cryptocurrency space. For example, given that they work closely with the LN developers, Lightning Network support has already been included !
Cons
  • AT the time of writing Decred (DCR) price has broken below the bullish trendline after encountering resistance at $117.00. DCR/USD corrected lower in the last week of June sliding slightly below the support at $90.00. However, it has recoiled towards $100 but is currently trading at $96.

Revainrating 5 out of 5

Decred (DCR) is a decentralised, open-source cryptocurrency launched in…

Decred (DCR) is a decentralised, open-source cryptocurrency launched in February 2016 by a group of former Bitcoin developers. The new project aimed to address concerns over the increasing centralization of power in Bitcoin and a growing conflict of interest between the user community and those funding the Bitcoin project. On the technical front, Decred is a hybrid proof-of-work/proof-of-stake (PoW/PoS) cryptocurrency which can be both mined (using the BLAKE-256 hashing algorithm) and staked…

Pros
  • -Low supply (21.000.000) -A self-founding project with a system of community-based governance integrated into its blockchain -The system enables and encourages members of their community to make it better
Cons
  • Small community Similar projects: Bitcoin low quality support team

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
  • It is a decentralized blockchain-based platform, the fee for 1 DCR token sent is almost zero, I can opt for Web Wallet or choose to download it, can customize the signature algorithm and control the directions of your cryptocurrenci
Cons
  • 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 launched its mainnet on February 8, 2016. The goal is to build a…

Decred launched its mainnet on February 8, 2016. The goal is to build a cryptocurrency that runs autonomously, with improvements voted on and enacted directly by the miners and holders of the currency. Decred incorporates some fundamental changes from the Bitcoin protocol. Decred’s developers are crypto-enthusiasts and early Bitcoin adopters, but they spotted an inefficiency in the way Bitcoin operates. As mining operations have grown, Bitcoin’s decision-making process has become more…

Pros
  • Decred’s developers and community believe Decred’s protocol for incorporating improvements and changes will allow it to become the optimal cryptocurrency on the market in the long run. Decred aims to reduce or eliminate hard forks, especially ones that divide the community. While a hard fork is possible on Decred, and in fact Decred recently navigated the first fully user-driven hard fork, Decred’s voting protocol makes it so that users can vote on changes before activation. Then upon passage of the vote, the changes go live. Decred accomplishes its voting protocol on the blockchain using a hybrid design that combines proof of work and proof of stake. Decred also plans to implement Lightning Network. Decred’s largest strength is its community. The founding development team is made up of former developers from major crypto projects.
Cons
  • Great potential but DCR is not well known yet. Marketing and communication should be improved.

Revainrating 5 out of 5

Decred is a cryptocurrency, similar to Bitcoin, with a strong focus on…

Decred is a cryptocurrency, similar to Bitcoin, with a strong focus on community input, open governance and sustainable funding and development. It utilizes a hybrid “proof-of-work” and “proof-of-stake” mining system to ensure that a small group cannot dominate the flow of transactions or make changes to Decred without the input of the community. DCR Devs are the same Developers that built btcsuite, the bitcoin Golang implementation. Decred is the first cryptocurrency to implement binding…

Pros
  • Governance focused. Awesome Tech. Great Team. Don't make promises they can't fulfill. Hybrid Mining. Lightning Network ready. Voting system where stakeholders have a voice & say on the future of Decred.
Cons
  • Needs more exchanges