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Revainrating 4 out of 5

Decred is a new virtual currency, at the present time the only way to buy DCR…

Decred is a new virtual currency, at the present time the only way to buy DCR is to use Bitcoin, when you have a Bitcoin amount you can buy Decred on any virtual currency trading platform.

Pros
  • Malicious clients are managed using a reputation system based on Politeia.
Cons
  • Security for users. There currently isn't a good way to hold, spend, and stake decred from a single wallet that is very secure (i.e., no hardware wallet support for all of these features).

Revainrating 4 out of 5

Address is the only thing needed to send or receive money. Can be easily…

Address is the only thing needed to send or receive money. Can be easily created from any wallet. Decredged addresses always begin with D and contain 26-36 alphanumeric characters.

Pros
  • It uses on-chain transactions for order fulfillment and rule enforcement.
Cons
  • Centralization – While every day there are more contributors to the project, it is clear the key decisions and leadership are still firmly in the grasp of the original development team. They are working hard on code so decisions can be made by stakeholders, but we aren’t there yet.

Revainrating 4 out of 5

You can create decrypt wallets easily without downloading any tools on your…

You can create decrypt wallets easily without downloading any tools on your computer through wallet.decred.org online wallet creation site. Just a few minutes to create a wallet and can start sending, receiving virtual currency Decred. It is similar to when you use Blockchain wallet to trade Bitcoin.

Pros
  • Server operators never take custody of client funds.
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.

Revainrating 4 out of 5

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.

Revainrating 4 out of 5

The project is the result of the proposed theoretical work by the PoA and MC2…

The project is the result of the proposed theoretical work by the PoA and MC2 in 2013. Decred began development in April 2014 with a single developer and expanded to include Developers from Btcsuite soon after.

Pros
  • It facilitates exchange between only cryptocurrencies, not fiat currencies.
Cons
  • The biggest trade-off of Decred is that there are advantages to a centralized decision making authority. A dictator can make fast and sweeping decisions in the way that a collective cannot. However, history has shown that authoritarian forms of governance have many failure modes, and tend to fail catastrophically.

Revainrating 4 out of 5

Decred is an open, progressive, and self-funding cryptocurrency with a system…

Decred is an open, progressive, and self-funding cryptocurrency with a system of community-based governance integrated into its blockchain. At its core is a hybridized proof-of-work proof-of-stake (PoW/PoS) consensus system that aims to strike a balance between PoW miners and PoS voters to create a more robust notion of consensus. The project is a result of the theoretical proposals brought by proof-of-activity (PoA) and MC2 in 2013.

Pros
  • Brilliant and active developments from the developers. Involving the advanced technologies in the platform, Hybrid PoW- PoS consensus, lightning network, cross-chain atomic swaps, etc.
Cons
  • The community doesn't seems active. The market becomes more competitive compared to 2 years ago.

Revainrating 4 out of 5

the cryptomoeda Decred has as main objective to be a democratic currency, not…

the cryptomoeda Decred has as main objective to be a democratic currency, not giving the founders and miners the chance to obtain advantages over the users of the asset. with the combination of the POW and POS system the cryptomoeda is not in the hands of a group of people (miners), since it distributed the power of decision among all the community. Although there are other currencies with the same proposal, the DECRED has an immense potential of growth because what determines the success of a…

Pros
  • the currency Decred came from a bitcoin fork in the year 2016. when analyzing the crypto we can see a model that is contrary to bitcoin with regard to the centralization of power. some peculiar points of this asset is the fact that the community decides the directions that the currency will take, this guarantees that the decision is not in the hands of few people, that is, the asset becomes democratic. another positive point is the limited amount of coins thus preventing devaluation and as a result the community has to opt for a burn.
Cons
  • I did not check anything that represented a failure in the project.

Revainrating 4 out of 5

Decred was founded in 2016, but its roadmap was kept secret from the public in…

Decred was founded in 2016, but its roadmap was kept secret from the public in the first quarter of 2017. The development team makes every effort to keep up with its RoadMap. The coin is only 2 years old, but it already enters the TOP-30 in the global ranking based on Marketcap volume. The symbiosis of PoW and PoS protocols is not unique in the market, but in this case you can get good results because you can solve many problems and bring coins into a new dimension

Pros
  • The combination of PoS and PoW protocols, which can address one of Bitcoin's biggest problems, is decentralization. In fact, the first coin is based on a narrow circle of miners each year, and their total capacity may soon exceed 50%. You can extend the block. Due to the low complexity of the network, coins can be collected without the enormous amount of processing power.
Cons
  • Firstly coins do not have a fairly cohesive community, but you can see a similar picture in almost every cryptocurrency. Second, many skeptics are convinced that Decred is artificially inflated and empty with nothing left in the foreseeable future.

Revainrating 5 out of 5

Decred is considered the main idea that comes up from few Bitcoin developers…

Decred is considered the main idea that comes up from few Bitcoin developers who aims to come up with an absolutely decentralized cryptocurrency where certain people couldn’t influence others. Thus, Decred is also one of the best-in-class projects out there when it comes to governance.

Pros
  • Since it has been developed by bitcoin developers that created btcsuite it shares some of Bitcoin's positive qualities like fixed monetary supply. The core development team seems great & reliable and infact they created the first functioning cryptocurrency atomic swap between Decred (DCR) and Litecoin (LTC).
Cons
  • Eventhough Decred has one one largest market cap, still it has low mainstream mass adoption & not surrounded by a very little hype.

Revainrating 4 out of 5

The Main Network Block Explorer allows users to search all blocks and…

The Main Network Block Explorer allows users to search all blocks and transactions in blockchain decred.

Pros
  • Malicious clients are managed using a reputation system based on Politeia.
Cons
  • Security for users. There currently isn't a good way to hold, spend, and stake decred from a single wallet that is very secure (i.e., no hardware wallet support for all of these features).

Revainrating 5 out of 5

Decreed is a space to watch out for. Since 2016, Decred has striven to solve…

Decreed is a space to watch out for. Since 2016, Decred has striven to solve blockchain governance. Decentralized decision-making and self-funding have enabled us to build a robust, evolving digital currency, free from third party influence.

Pros
  • An autonomous Digital Currency whose sole interest is to steady the process of blockchain governance. With Decreed, reaching a consenus on issues of great importance will be very easy and effective
Cons
  • I love the development team and the services rendered so far by Decreed

Revainrating 5 out of 5

Mainnet started in February 2016 with the goal of creating a coin that…

Mainnet started in February 2016 with the goal of creating a coin that implements a decentralized ecosystem that will become Bitcoin . Decred cryptocurrency uses a combination of PoW (proof of work) and proof-of-stake (PoS) mining algorithms. Unlike PoW mines, there is no calculation or "work" required for mines under PoS.

Pros
  • An interesting feature is that Decred has the ability to make a transaction expire after a certain amount of time. The user can enter the desired expiration time before signing the transaction. If the transaction is not included after a certain number of blocks, the block height is automatically rejected after the publication. This is useful because you can cancel the transaction if the network has a significant delay.
Cons
  • There has not been too much publicity thrown at Decred recently but this is most likely because they have prioritised development over PR

Revainrating 4 out of 5

Decred is a new virtual currency, at the present time the only way to buy DCR…

Decred is a new virtual currency, at the present time the only way to buy DCR is to use Bitcoin, when you have a Bitcoin amount you can buy Decred on any virtual currency trading platform.

Pros
  • Orders placed on the exchange can be internally regulated via rules enforced by the clients and the server.
Cons
  • Stakepool centralization. At the moment there does not exist a decentralized method of staking without having a wallet open at all times.

Revainrating 5 out of 5

overall DCR has a solid team and will always develop DCR for the better, now…

overall DCR has a solid team and will always develop DCR for the better, now they have developed a storage wallet. Their wallets are accessed via a graphical user interface (GUI) on all major operating systems (Windows, macOS, and Linux).

Pros
  • Decred has a wallet feature accessible through a graphical user interface (GUI) on all major operating systems (Windows, macOS, and Linux). For more technical users, the wallet command line (CLI) is also available. Their team will continue to innovate with DCR
Cons
  • a sophisticated wallet feature, many users have difficulty using their wallets.

Revainrating 5 out of 5

Decred is an open source project that emphasizes community-based governance…

Decred is an open source project that emphasizes community-based governance. This project first appeared on the Internet in December 2015. Today, Decred calls are available from Bittrex and Poloniex. The ambitious project uses a unique PoW / PoS mining system that can compensate contributors and a wallet that can easily send and receive funds

Pros
  • Generally, miners operating an infrastructure have a significant impact on most projects, but users are relatively less influential. With Decred, you can participate directly in the project without expensive mining hardware.
Cons
  • Getting started with Decred isn’t quite as straightforward as it is with other cryptocurrencies and Blockchain project. The official wallet are ambiguous to use for a first timer

Revainrating 4 out of 5

The Decred (DCR symbol) is a decentralized blockchain platform launched on…

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.

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.

Revainrating 5 out of 5

Overall I think DCR is very interesting, DCR does not require dependence on…

Overall I think DCR is very interesting, DCR does not require dependence on centralized exchange. They use cross-chain atomic exchanges between different digital currencies, so that it makes it easier for users.

Pros
  • DCR does not require dependence on centralized exchange. That is good news. With cross-chain atomic exchanges between different digital currencies, users can trade without a prescription (OTC) without trust without a third party. I am very happy with
Cons
  • The appearance of their website is incomprehensible, and they still don't have many users.

Revainrating 4 out of 5

Decred is a blockchain-based platform that is supposed to be a better network…

Decred is a blockchain-based platform that is supposed to be a better network than Bitcoin. This algorithm was developed further until Decred was published. The platform enables companies to control the decryption. Decred is not a block size or a mining token. It's also connected to the blockchain technology of the new era. You can customize the signature algorithm and control the direction of cryptocurrencies.

Pros
  • It is a decentralized blockchain-based platform; The fee for 1 sent DCR token is almost zero; - You can choose the Web Wallet or download it. - You can customize the signature algorithm and control the directions of your cryptocurrencies.
Cons
  • Adoption rate is relatively low as they are only few merchants that use Decred tokens.

Revainrating 5 out of 5

Decred is essentially "Governance Bitcoin". Many analysts try to categorize…

Decred is essentially "Governance Bitcoin". Many analysts try to categorize coins by industry, and the tier 1 hierarchy usually has three categories: currency, platform, and application. Decred is a currency that aims to be a medium of value and exchange while improving some of Bitcoin's application

Pros
  • The hybridization of PoW and PoS is a key feature of the decred project.. In this hybrid model, 60% of the block premium goes to the miners, 30% to the voters, and 10% to the project fund. Decred uses a governance system called Politeia. At Politeia, the token holders vote on the future of the project. The off-chain voting system serves as a proposal system. In the offline world, it's like a "contracted ecosystem" where you can present and adjust ideas, such as using funds for marketing campaigns or hiring developers.
Cons
  • It's weakness lies in it's strength. Tough decisions can't be taken without the support of the community vote which might not see the futuristic idea of the proposed changes/project.

Revainrating 5 out of 5

Decred is a great project because it has a smart, active development team that…

Decred is a great project because it has a smart, active development team that works hard on Crypto. It also has its own in-house project and implemented management capabilities that are great features that allow users to choose and make more DCR development decisions. They also had good interviews with other big coin developers like Charlie Lee who chilled heavily last year Coincidentally, trading of decred started yesterday 14th of September, 2018 on kucoin exchange

Pros
  • Decred's killer feature is good governance, and with good governance, you can have any feature you want Hybrid POS+POW system - Active Dev Team - Community Powered - Great designs Active Development and Support! Great project!
Cons
  • Community is not so active - minor bugs on site Client Mobile website too buggy