Decred Advantages From Impasse Of Bitcoin Joined By Rising Of Altcoins
The present impasse in the Bitcoin community is boosting the fast growth of some altcoins because it has been the present drift. It has come from nowhere to become one of the top most altcoins. It has ranked in the list of top 10 twice in the past week. However, it isn’t able to hold the rise and reaches to number 16 position now.
Effect of Network
The community/ Marketing Manager of Decred David Taylor address their present success to the fast increase of their community. While speaking to the CCN, he was happy with the interest shown by many people for the Decred and credits the community and the Devs for this.
Taylor states that the Decred has never ever experienced the level of success that we are seeing today. He further noted that this is all about what really decentralization is as people from different parts of the world comes together to reach a common mission.
Strength of Decred
The member of Decred team states the present drama that surrounds the Bitcoin are making the people realize the requirement for a structure having more concrete governance in cryptocurrency. He also states that the Decred is the most advanced and efficient governance system that is based on the blockchain.
Pump and Dump Accusation
As per some of the experts, the upsurge of altcoin is performed to pump and dump the prediction that there is burst coming in the way. However, the Taylor says that this type of utterance is expected for every project that becomes successful.
Price in the future
Taylor conveyed a message to the Decred holders that when pushed for predicting if there will be an increasing adjustment on the CoinMarketCap and he refuses to say anything about that and he states that the value of Decred will be determined by its users. He further says that we have a great community and want to thank all of them for all the things they have done for our project.