1 Level
6 Review
12 Karma
Review on Decred by Toan Nguyen
The Decred (DCR symbol) is a decentralized blockchain platform launched onβ¦
The Decred (DCR symbol) is a decentralized blockchain platform launched on February 8, 2016. It aims to build a cryptocurrency that runs automatically, with improvements being voted and issued. Followed by the miners and owners of coins.
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Pros
- Adding support for coins is a straightforward matter of adding the corresponding atomic swap support.
Cons
- Stochastic nature of staking. Though the randomly selected variability in voting is a security feature, locking up a substantial amount of funds for an indeterminate amount of time that can be up to 4 months has a lot of negative implications (not every can afford to have their $ be so illiquid). Ticket splitting will help with this.
