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Review on Decred by Thuan Thien
Like other decentralized electronic money, Decred uses encryption to secureβ¦
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.
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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.
