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15 Karma

Review on Decred by kyara singh

Revainrating 4 out of 5

Decred is a decentralized cryptocurrency having many features, and the…


Decred is a decentralized cryptocurrency having many features, and the supportive team gives there best for their project. The transaction system is very friendly, and also the mining is excellent. I liked this project, the features and the efforts of the team.



Updated 5 years ago
Rating changed from 5 to 4
Decred project is built to be decentralized, sustainable, & self-ruling where stakeholders make the rules



Pros
  • Decred is an open source and best cryptocurrency. decred does 2 types of mining 1) POW proof of work which is we can give computing power to validate transaction on the network and generates new Decred tokens. 2) POS proof of stake mining - using funds to vote on important network development matters and authorize the transaction for reward.
Cons
  • Not have many cons. it is a coin which is in its progressing stage little more advertise and marketing must be done for much improvement in progress. There is a need for advertisement and marketing.