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.
Reviews for Decred
I’m supportive of Decred’s efforts to add privacy, because there are actual development chops there, and Decred doesn’t appear overly scammy.Full review
One of the few coins I'm excited about, with an innovative solution to decentralized governance. Decred is basically Dash done right. 😂 Consensus is more decentralized than Dash and is enforced.Full review
Decred is not worth spending time and resources pursuing because it does not present anything unique or worthwhile.Full review
Decred provides unique features that are not currently available to Bitcoin and has a strong focus on development.Full review
But many other protocols have been born of true differentiation. Consider Decred — created by former Bitcoin developers who wanted to fix things they didn't like about BTC. They added governance, PoW/PoS hybrid — which may be more secure than PoW — and now, privacy.Full review
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.Full review
The chances of Decred outcompeting Bitcoin are close to zero.
Mob rule/the rule of the rich is not ideal for neo-gold.Full review
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.Full review