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RE: What is Decred? Is it time to invest?

in #decred7 years ago

I got started with Decred by dual mining ETH + DCR. In my opinion, it was worth the extra watts after looking into the project. I sold some at 35 and bought back at 23. Considering buying up to 60 DCR so I can stake and get a guaranteed return. Their upcoming changes include lightning network support and enhanced privacy. Recent jumps of the privacy coins XMR and DASH (Zcash to follow shortly I hope) let me know that people find this a priority. Daniel Castagnoli of Exodus Wallet had only good things to say about the coin and its development team. I am fond of the staking system and how it allows holders to actually have a say in the development of the platform. As a method of payment, it seems promising. However, it could stay overshadowed by the other projects with smart contracts, faster block times, or bigger hype trains. The only benefits over LiteCoin that I see are future enhanced privacy and staking. I will continue to mine this as long as I am mining a DaggerHashimoto (ETH algo) coin.