What is decred and why should I use it?

Decred is aiming to solve the problem of centralized mining that has surfaced with Bitcoin. The project also aims to reduce the number of hard forks that occur with the coin. Why should I use Decred? You should use Decred is you want to have more control over the direction of the cryptocurrency. You also receive staking rewards when using Decred.

Is mining decred worth your time?

Here are few reasons why mining Decred is worth your time: It has one of the biggest development teams in the crypto world. The Proof-of-Stake and Proof-of-Work hybrid system eliminates the weaknesses of using only one protocol. Mining Decred with ASICs is the best and most profitable way after the latest upgrade in the network.

What is decred's evolution?

Decred's Evolution. Presently, Yocom-Piatt is busy building Decred into a superior store of value. “Every cryptocurrency, including bitcoin, is primarily a store of value because it is so annoying to acquire that people don’t want to spend it,” he says. Decred is also positioning itself as a blockchain for implementing governance infrastructure.

What is the decred cryptocurrency?

The Decred cryptocurrency was launched in February 2016, backed by the vision of the people from Company 0 to create a sort of more decentralized and “democratic” equivalent of Bitcoin. This is not unusual, considering that the people behind the project were former Bitcoin developers.