1 Level
6 Review
13 Karma
Review on Decred by Vung Tran
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.
ο»Ώ
ο»Ώ
Pros
- Server operators never take custody of client funds.
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.
