Started by former developers of Bitcoin, Decred is said to represent the cryptocurrency the way it should be to both miners and users. The leading critics of BTC claim that the loudly advertised decentralization of digital money has been compromised by the “oligarch” branch of miners who manipulate the price and take advantage out of it. While this case is a matter of a much broader discussion, the Decred coin undoubtedly runs successfully from the risk of too much power being concentrated in a small group of participants. The code is open-source, so everyone is allowed to propose improvements and make the system work better. Decred employs a hybrid blockchain combining PoW and PoS. The open-source concept allows the user-activated approval consensus by voting. The coin shows steady performance – it peaked around $96 in February 2018 but experienced a temporarily decline before recovering to reach levels close to the top.

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