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Review on Decred by Dao Mo

Revainrating 4 out of 5

There are three main ways to interact with Decred:E-wallet: To send and…

There are three main ways to interact with Decred:E-wallet:
To send and receive money as well as to participate in the exploitation of
PoS.Proof-of-Work Mining: Uses computational power to validate transactions on the network and generates a new Reduction Signal.
Proof-of-Stake Mining: Use funds to vote for important network development issues and confirm transactions to reward.




Pros
  • It is architected as a simple client and server, without a corresponding token or a blockchain.
Cons
  • Coin Distribution – while better than most projects I still think it presents a challenge going forward.