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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
  • Adding support for coins is a straightforward matter of adding the corresponding atomic swap support.
Cons
  • Project Fund Control – Politeia is almost out the door but it’s my understanding project funds will still remain under human control. This requires stakeholders to put trust in that person(s).

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
  • There is an upfront fee to create a client account on a server, to discourage malicious behavior.
Cons
  • To date the founders have been ultra conservative with project fund expenditures which is awesome. I thought the purse strings would loosen up when pi went live but not significantly. Now I’m more informed and it is clear there will be no bounds to it’s use.

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
  • Order matching occurs pseudorandomly within epochs.
Cons
  • As an investor I would not assume the project fund will be used as a resource to directly benefit decred. It will be spent wherever the stakeholders decide to spend it.

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 collect no fee for matching orders.
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

Like other decentralized electronic money, Decred uses encryption to secure…

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.

Pros
  • Order sizes on both the buy and sell side of a trading pair have standardized lot sizes.
Cons
  • Relatively small and poorly visible ecosystem. Given a market cap that fluctuates between ~400 and ~800 million USD, the ecosystem of users and other participants seems very low. For example, this subreddit has only 8.5K readers, and something like a couple meaningful threads a day. I think there is more active discussion elsewhere (Slack, etc.), but these are not totally public facing and do not contribute to the public footprint of the project.

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 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.

Revainrating 4 out of 5

The developers of Decreds say that the technology is easy to use, allowing…

The developers of Decreds say that the technology is easy to use, allowing users to receive, send and exploit digital money in just a few clicks. Decred also offers a number of command line tools to allow you to customize the user experience.

Pros
  • Limit orders and cancels are broadcast by clients via the server, but market orders are routed from client-to-client.
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.

Revainrating 4 out of 5

Decred is self-funding cryptocurrency with community base governance that I…

Decred is self-funding cryptocurrency with community base governance that I really like about this project, and developers are also working hard from day one which is good to see.

Pros
  • Decred is self-funding cryptocurrency with a system of community-based governance integrated into its blockchain. I like that this project is based on community power and that so-called stakeholders are getting rewarded for their efforts. The website and wallet designs look professional, and the developers are working hard from day one which is good to see.
Cons
  • Regarding age in the crypto world, this project is relatively old. It took a while before Decred got noticed, but now Decred’s governance and superior tech are finally recognised by the market we finally see a price range they deserve!

Revainrating 5 out of 5

overall DCR has a good project, Decred value is for the people who work on it…

overall DCR has a good project, Decred value is for the people who work on it - together we build the decentralized future we want to see. this is something interesting.

Pros
  • DCR drivers are communities. Stakeholders who participate in Decred decision making are rewarded for their efforts. they have sustainable funding and a formidable contractor model allows anyone to join Decred at any time and be involved in its governance
Cons
  • I think they have a clear project

Revainrating 3 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 fact that they always factor in different types of miners in their updates is why I am so much interested in this project.

Pros
  • Decred development started in April, 2014 with a single developer and expanded to include developers from btcsuite shortly thereafter. This goes to show that numerous work and persistence was put into this project for it to succeed.
Cons
  • The platform seems a little bit technical at first and would definitely be a turn off to beginners. I feel they should look for a system whereby they explain more about what this project is all about from the offset

Revainrating 5 out of 5

in my opinion this is a revolutionary approach to stakeholder governance in…

in my opinion this is a revolutionary approach to stakeholder governance in which their communities direct projects and make joint decisions. this is investment openness

Pros
  • DCR uses their modular Codebase offering unique adaptability and can scale to the latest blockchain technology. Decred technology enables the selection of the world's first successful direct telephone user consensus. and this is good news
Cons
  • They have a good project and must continue to be developed.

Revainrating 4 out of 5

The hybrid PoW / PoS system implemented by Decred allows Miners to create new…

The hybrid PoW / PoS system implemented by Decred allows Miners to create new blocks and stakeholders vote to verify the blocks created by the miners. Consequently, the process of creating consensus is balanced with the miners and stakeholders contributing to the ecosystem.With this, the hybrid consensus system is stable and secure, giving the opportunity for any party to dominate the decred blockchain by zero.

Pros
  • Near-instant exchange for smaller orders can be achieved through a related off-chain LN-based network which uses atomic swaps.
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 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
  • Server operators never take custody of client funds.
Cons
  • Coin Distribution – while better than most projects I still think it presents a challenge going forward.

Revainrating 4 out of 5

Decred provides transactional hashes that can not be changed, separating the…

Decred provides transactional hashes that can not be changed, separating the transaction signatures from the rest of the transaction data. This is similar to what SegWit achieved in Bitcoin. Decred also uses Schnorr's signatures, which are also capable of signing transactions outside the chain. These features are what make Decred more leviable than a stepcoin.

Pros
  • Servers can connect via a mesh network to allow cross-server order matching.
Cons
  • Not enough public debate re governance, and a less-than-fully-tested governance process. This issue will likely resolve over time.

Revainrating 3 out of 5

Its goal is to create a proof-of-work and proof-of-stake (PoP / PoS) system to…

Its goal is to create a proof-of-work and proof-of-stake (PoP / PoS) system to balance the PoW miners and PoS voters to create a stronger idea.

Pros
  • It is architected as a simple client and server, without a corresponding token or a blockchain.
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 3 out of 5

The algorithm is intended to allow the user to agree on the status of the…

The algorithm is intended to allow the user to agree on the status of the blockchain. There are two strategies for achieving consensus on a hierarchy. Proof-of-Work (PoW): It only receives rewards for the work you invest in the system. This step requires computing power in solving puzzles. For every solution, a new block is created. So, the more work you put in, the higher the reward. Proof-of-Stakes (PoS): This is a reward for what you bet. This requires you to keep your coins affected for…

Pros
  • External services, e.g. wallets, can access a simple client API on the server that provides a data feed, ability to place orders, and other services.
Cons
  • The relatively high value of 1 DCR may be a psychological barrier to more use/adoption [previous discussion]

Revainrating 4 out of 5

in my opinion, with decentralized decision making and own funding, DCR has…

in my opinion, with decentralized decision making and own funding, DCR has enabled it to build a strong and growing digital currency, free from the influence of third parties. this is purely the power of the developer.

Pros
  • Decred has struggled since 2016 to solve blockchain governance. Our innovative consensus voting model empowers stakeholders and allows seamless transitions from one set of rules to another. I believe they will advance in the future.
Cons
  • Their currency is not legal in the world.

Revainrating 5 out of 5

Decred (DCR) with 40.3% of coins mined today Decred is an autonomous digital…

Decred (DCR) with 40.3% of coins mined today Decred is an autonomous digital currency that strives to facilitate the governance of block chains, allows an optimal transition from one set of rules to another is a strong digital currency, evolutive and alien to the influence of third parties. Located in the top 30 of the most important cryptocurrencies with a current value of $ 36.57 USD, a market capitalization of $ 309,673,230 USD and a volume of $ 13,510,848 USD can be found in the exchanges

Pros
  • digital currency strong, evolutive and alien to the influence of third parties.
Cons
  • it is difficult to really find something bad in this type of technology

Revainrating 3 out of 5

Its goal is to create a proof-of-work and proof-of-stake (PoP / PoS) system to…

Its goal is to create a proof-of-work and proof-of-stake (PoP / PoS) system to balance the PoW miners and PoS voters to create a stronger idea.

Pros
  • External services, e.g. wallets, can access a simple client API on the server that provides a data feed, ability to place orders, and other services.
Cons
  • Development Pace – Good devs are hard to find and like every other project in crypto there aren’t enough of them. In time decred should win out here because of the project fund.

Revainrating 3 out of 5

Decred Coin (DCR) là cryptocurrency open source, process, and cryptocurrency…

Decred Coin (DCR) là cryptocurrency open source, process, and cryptocurrency automatic account with a admin based system for the community block into the blockchain of it.

Pros
  • It facilitates exchange between only cryptocurrencies, not fiat currencies.
Cons
  • Decred is that the more ambitious parts of the project are still Work In Progress. They require trust in DHG (Decred Holding Group) to responsibly disburse funds, as well as faith in current and future contributers to execute what is planned.