1 Level
6 Review
4 Karma
Review on Decred by Dao Mo
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.
