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Review on Decred by Adrien Dylan

Revainrating 3 out of 5

In many ways, Decred is a balance between extremes. With the use of the…

In many ways, Decred is a balance between extremes. With the use of the lighting network, Decred block confirmation times will not be issue anymore since we will have instant confirmation on LN. It does require on-chain transaction to open and close LN channels, but in everyday use we wil have instant confirmation. There are numerous projects that are similar and can easily crush their use case with less effort, so for me this is a no go area for investments



Pros
  • I am particularly not invested or interested in Decred, but I cant look past their inexperienced team trying to pull weight and make a name for themselves. Hopefully they get to proove me wrong and come up with an advanced product in the future, which will gain widespread acceptability.
Cons
  • It should also be called the red coin because it keeps falling and depreciating in value as the day goes by.