1 Level
6 Review
3 Karma
Review on Decred by Tan Binh
There are three main ways to interact with Decred:E-wallet: To send and…
There are three main ways to interact with Decred:E-wallet:
To send and receive money as well as to participate in the exploitation of
PoS.Proof-of-Work Mining: Uses computational power to validate transactions on the network and generates a new Reduction Signal.
Proof-of-Stake Mining: Use funds to vote for important network development issues and confirm transactions to reward.
Pros
- Limit orders and cancels are broadcast by clients via the server, but market orders are routed from client-to-client.
Cons
- Liquidity – There is a lot of manufactured liquidity numbers in cryto. I believe dcr’s volumes are closer to “true” liquidity than most, but the low numbers are a concern.
