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In today’s episode of Your Simplified Coin Review we look at Decred. Decred is a digital cryptocurrency that is meant to be exchanged for value similarly to Bitcoin. Also, just like Bitcoin, it has a Max Supply of 21 Million Coins. One very cool thing about Decred is that it is extremely community driven. They have a hybrid system of Proof of Stake & Proof of Work to make sure that every part of their community has a say in the development of the coin. Right now, DCR is coming in at number 35 on Coin Market Cap. They have a strong team, good marketing, & good social media presence. However, they do face quite a challenge to become the preferred cryptocurrency of choice as there are many other digital currencies ahead of them.
Links
Decred on CMC: https://coinmarketcap.com/currencies/decred/
Decred Website: https://decred.org/
Beginners Guide to DCR: https://medium.com/@linda.xie/a-beginners-guide-to-decred-2fc61670d67c
Decred Twitter:https://twitter.com/decredproject
Decred SubReddit: https://www.reddit.com/r/decred/
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