Review on Decred by Quan Lam Chan

Name: Decred
Item: Decred
Rating: 4

September 15, 2018

The biggest power of Decred is its community. The development team is made up…

The biggest power of Decred is its community. The development team is made up of old developers from major cryptographic projects, most notably the btcsuite developers, a Bitcoin version written in the Go programming language. Btcsuite has been used for other projects.
    If the team can build great Decred Extension features in a way that makes it more useful for community members, adoption of Decred will continue to grow as good governance drives decisions. good. However, if Decred's community is not involved or organized for rapid development, Decred can quickly be surpassed by new, exciting electronic money offering better features.
﻿

Pros

The project is relatively young, at almost 2 years since launch. So it's still getting in early.Great, active community, that is distributed pretty evenly around the world.Big war chest in the community treasury (something like $30-40 million currently). Support from many influential community members including Charlie Lee & Jimmy Song. At least 2 competing ASICs coming out next year... should be an indicator of where some see this project going.

Cons