Review on Decred by José A Rodríguez
Decred: The People's Project that Started as a Proposal for a Basic Cryptocurrency
Decred is a blockchain project that serves to some interconnected purposes among the network solving issues. Its principal goal is to be an open partner for stakeholders where they can save their money out of exchange without mixing it in open trading. It works through the guidance of a consensus that contributes to the great advance of its steps. The stakeholders who work in this network can participate in several promotions known into their inner ecosystem as a lottery.
In a general overview, this is a blockchain to store safely all values for a good time. To certify this is true, the company provides a security framework that is also mentioned to understand which types of protocols it employs. Sincerely, what I like about this project is that the way in which they offer information about the things that use is great. Everything is clearly defined and serves of understanding for research purposes. It goes with three fundamental features which are, of course, security at first, then adaptability and sustainability. Those three features compound the project, and although they have been redefined, it is still appropriate to read about them as the brand of the company.
On the other hand, this project is not very big and has a low scope. Perhaps, because of this, it has been one of the less considered among users. The fact is that since 2013 its trajectory has been limited. Taking a look at the company's web platform is just an act of a few minutes or less.
The services are adapted for exchange networks, but it is also a gate for stakeholders to know the mining fields. It has various services down there that are good to explore, but due to its low recognition, it is still difficult to think this project can keep growing up through scalable steps.
For understanding this project, anyway, users must have certain knowledge about network development. It will be practical for them if some fields are already studied.
Pros
- Open and active community on the web through different social media services. The team is very committed to keeping talking to their users.
- It is recognized by many holding services. It means certain wallets lend their services to them to store coins in consensus.
- It has an extreme security framework appropriate for what they offer. It can be certified to the open content the company offers.
- It is available in different languages what certifies this project can be used for thousands of global users around the world.
- The platform works with impressive speed to release payments when they are eligible.
- It is a project with a great purpose open to user's needs. People are the ones who can decide the scalability of it, and they bring good support to it.
Cons
- It is still a project with a low rating within the market. It has been difficult to trade with it because their services are not of interest to everyone.
- It is not really supported in their content. Although it is good, it still requires better promotions.
