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Decred

Decred is a hybrid PoW/PoS cryptocurrency with a focus on on-chain governance. Decred holders have the ability to stake tokens, allowing them to vote on network upgrades.

πŸ”‘ 80%

Reviews for Decred

πŸ”‘ 12 positive | πŸ’© 3 negative

πŸ”‘

I’m supportive of Decred’s efforts to add privacy, because there are actual development chops there, and Decred doesn’t appear overly scammy.

2018-03-31 | Full Review

πŸ”‘

One of the few coins I'm excited about, with an innovative solution to decentralized governance. Decred is basically Dash done right. πŸ˜‚ Consensus is more decentralized than Dash and is enforced.

2017-03-15 | Full Review

πŸ’©

Decred is not worth spending time and resources pursuing because it does not present anything unique or worthwhile.

2015-12-29 | Full Review

πŸ”‘

Decred provides unique features that are not currently available to Bitcoin and has a strong focus on development.

Linda Xie, Co-founder and Managing Director at Scalar Capital

2017-10-16 | Full Review

πŸ”‘

But many other protocols have been born of true differentiation. Consider Decred β€” created by former Bitcoin developers who wanted to fix things they didn't like about BTC. They added governance, PoW/PoS hybrid β€” which may be more secure than PoW β€” and now, privacy.

Ari Paul, Co-founder and CIO of BlockTower Capital

2018-07-17 | Full Review

πŸ”‘

Decred is actually a cool example of some stuff that Bitcoin will never implement. I don’t own any at the moment but like the project a lot.

2018-07-10 | Full Review

πŸ’©

The chances of Decred outcompeting Bitcoin are close to zero.

Mob rule/the rule of the rich is not ideal for neo-gold.

2018-08-11 | Full Review

πŸ’©

I’m skeptical of [hybrid POW/POS systems like Decred]. I’m open to it potentially working, but, to me, Bitcoin is really a mechanism to convert electricity into financial reliability. If you start to inject protocols with some energy and some voting . . . I struggle to see how that’s more efficient or better somehow or creates better reliability than what Bitcoin does.

2018-09-11 | Full Review

πŸ”‘

Decred is a functioning test bed for how to do proof of stake with governance. I’m a big fan.

Garry Tan, Co-founder and Managing Partner at Initiaized

2018-05-12 | Full Review

πŸ”‘

Decred’s killer feature is good governance, and with good governance, you can have any feature you want.

2018-10-16 | Full Review

πŸ”‘

One of the things I like about Decred is how well the developers understand the nuance and subtleties of decentralization. Absolutism is tunnel vision.

2018-04-04 | Full Review