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1 Level
6 Review
1 Karma

Review on Decred by ThieT Ngo

Revainrating 4 out of 5

Address is the only thing needed to send or receive money. Can be easilyโ€ฆ

Address is the only thing needed to send or receive money. Can be easily created from any wallet. Decredged addresses always begin with D and contain 26-36 alphanumeric characters.
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Pros
  • Order matching occurs pseudorandomly within epochs.
Cons
  • The biggest trade-off of Decred is that there are advantages to a centralized decision making authority. A dictator can make fast and sweeping decisions in the way that a collective cannot. However, history has shown that authoritarian forms of governance have many failure modes, and tend to fail catastrophically.