1 Level
6 Review
9 Karma
Review on Decred by Trung Nguyen
Like other decentralized electronic money, Decred uses encryption to secureβ¦
Like other decentralized electronic money, Decred uses encryption to secure transactions on his network and also to control the creation of new coins into the system. It has a public ledger in which all transactions are recorded.
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Pros
- Server operators collect no fee for matching orders.
Cons
- Liquidity is low (1.5M USD right now on coinmarketcap, much lower than almost all competitors). This may be affected by the small ecosystem, negative pressure on trading via staking, lack of payments mechanisms, etc.
