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Review on Decred by Giovanni Sebastian

Revainrating 4 out of 5

Decred was founded in 2016, but its roadmap was kept secret from the public in…

Decred was founded in 2016, but its roadmap was kept secret from the public in the first quarter of 2017.


The development team makes every effort to keep up with its RoadMap. The coin is only 2 years old, but it already enters the TOP-30 in the global ranking based on Marketcap volume.

The symbiosis of PoW and PoS protocols is not unique in the market, but in this case you can get good results because you can solve many problems and bring coins into a new dimension



Pros
  • The combination of PoS and PoW protocols, which can address one of Bitcoin's biggest problems, is decentralization. In fact, the first coin is based on a narrow circle of miners each year, and their total capacity may soon exceed 50%. You can extend the block. Due to the low complexity of the network, coins can be collected without the enormous amount of processing power.
Cons
  • Firstly coins do not have a fairly cohesive community, but you can see a similar picture in almost every cryptocurrency. Second, many skeptics are convinced that Decred is artificially inflated and empty with nothing left in the foreseeable future.