1 Level
6 Review
9 Karma
Review on Decred by Moi Met
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
- Order sizes on both the buy and sell side of a trading pair have standardized lot sizes.
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.
