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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.
Decred on CMC: https://coinmarketcap.com/currencies/decred/
Decred Website: https://decred.org/
Beginners Guide to DCR: https://firstname.lastname@example.org/a-beginners-guide-to-decred-2fc61670d67c
Decred SubReddit: https://www.reddit.com/r/decred/
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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