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Review on Decred by Temi Tutor

Revainrating 5 out of 5

Decred is an open source project that emphasizes community-based governance…

Decred is an open source project that emphasizes community-based governance. This project first appeared on the Internet in December 2015. Today, Decred calls are available from Bittrex and Poloniex.

The ambitious project uses a unique PoW / PoS mining system that can compensate contributors and a wallet that can easily send and receive funds



Pros
  • Generally, miners operating an infrastructure have a significant impact on most projects, but users are relatively less influential. With Decred, you can participate directly in the project without expensive mining hardware.
Cons
  • Getting started with Decred isn’t quite as straightforward as it is with other cryptocurrencies and Blockchain project. The official wallet are ambiguous to use for a first timer