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Review on Decred by SamSon Hine
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 uses on-chain transactions for order fulfillment and rule enforcement.
Cons
- Liquidity – There is a lot of manufactured liquidity numbers in cryto. I believe dcr’s volumes are closer to “true” liquidity than most, but the low numbers are a concern.
