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Review on Decred by Sarah Bellingham
Mainnet started in February 2016 with the goal of creating a coin that…
Mainnet started in February 2016 with the goal of creating a coin that implements a decentralized ecosystem that will become Bitcoin .
Decred cryptocurrency uses a combination of PoW (proof of work) and proof-of-stake (PoS) mining algorithms. Unlike PoW mines, there is no calculation or "work" required for mines under PoS.
Pros
- An interesting feature is that Decred has the ability to make a transaction expire after a certain amount of time. The user can enter the desired expiration time before signing the transaction. If the transaction is not included after a certain number of blocks, the block height is automatically rejected after the publication. This is useful because you can cancel the transaction if the network has a significant delay.
Cons
- There has not been too much publicity thrown at Decred recently but this is most likely because they have prioritised development over PR
