Review on Decred by Sheila Cova
Decred Project
It is an open source cryptocurrency that focuses on the contributions of the user community, due to which members can make changes by consensus and manage decisions at the project level, allowing it to be adaptable to the wishes of users. It already has a currency called decreed where the miners receive only 60% as a block as a reward, 30% goes as a reward for the holders who voted in the block and 10% is used to finance the project.
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Pros
- Proof-of-Work and Proof-of-Stake hybrid system.
- The cryptocurrency is traded on several in over 30 exchanges including Binance which is the largest exchange in the world.
Cons
- Little popularity in the market lacks positioning.
