Doesn't seem to be as advanced as Bitshares. Uses POW+POS, doesn't have flexible ways to fund development, etc. And it's only a one coin, not a platform for several like Bitshares.
Yes BitShares is and would remain a much more versatile platform.
However if they have community governance and a reasonable blockchain they may still have the option to add Smartcoins, (which may be more popular backed by a widely used limited currency as opposed to shares.)
I still think there is a very big potential market for a Bitcoin replacement. As I recently wrote...
answer the question again now, 'how can I create a currency that is superior to what's on the market, in that it requires less trust, has less waste, is better distributed, can reach consensus on blockchain upgrades but not supply - unpossible? , has BitAssets and has some funding to put into that and marketing, example referral system. Then he may find some success easily again because I think the market knows Bitcoin is structurally flawed and may not be the dominant currency 5 years from now.
So I'm hoping DECRED, may be what I've been waiting for in terms of a crypto-currency investment.
I'm not against POW depending on cost and speed, especially if it can help make the defined supply harder to change. It would also be good if POW algorithm could be altered over time to reduce centralisation.
I find POS ends up being quite centralised due to apathy and I'm uncertain whether POS could be attacked fairly cheaply with a yield attack...
https://bitsharestalk.org/index.php/topic,20724.msg267990.html#msg267990 So some combo system may be better where a crypto-currency is concerned.
Topic: DECRED Crypto-Currency (Read 2318 times)
