1 Level
6 Review
2 Karma
Review on Decred by Mai Anh
Decred provides transactional hashes that can not be changed, separating the…
Decred provides transactional hashes that can not be changed, separating the transaction signatures from the rest of the transaction data. This is similar to what SegWit achieved in Bitcoin. Decred also uses Schnorr's signatures, which are also capable of signing transactions outside the chain. These features are what make Decred more leviable than a stepcoin.
Pros
- It is architected as a simple client and server, without a corresponding token or a blockchain.
Cons
- To date the founders have been ultra conservative with project fund expenditures which is awesome. I thought the purse strings would loosen up when pi went live but not significantly. Now I’m more informed and it is clear there will be no bounds to it’s use.
