1 Level
6 Review
2 Karma
Review on Decred by Thuong Le
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
- Server operators never take custody of client funds.
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.
