1 Level
6 Review
12 Karma
Review on Decred by Phuc Nhi Khang
They have a platform of public proposals linked to block chains and resistant…
They have a platform of public proposals linked to block chains and resistant to censorship. Easy-to-use cross-platform wallets and an atomic exchanges in interchain between different digital currencies.
Pros
- Decred is a cryptocurrency blockchain-based platform. It was designed by Jake Yocom-Piatt and launched on March 2014. Its main purpose was to change the entire way a blockchain is seen. The platform allows corporations to control their cryptocurrency. The Decred is not about block sizes and mining tokens. It also relates to a new age of blockchain’s technology. You can customize the signature algorithm and control the directions of your cryptocurrencies.
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.
