Since 2017, the Node research team has been following the Decred project with a lot of interest as part of our research coverage universe. We published our initiation report in October of last year and shared it privately with our subscriber base with a lot of positive feedback. The hybrid consensus mechanism this protocol applies is quite unique in the industry and differentiates it from the competition.
Today, we’re opening up our research database to share more of our work online publicly with the rest of the community. We are doing this for two reasons:
- We believe it is important for market participants to start assessing these assets through a more fundamental viewpoint. There are far too many projects within this space that either get too much attention due to their marketing spend with little substance, or on the flip side, projects with strong fundamentals that get too little attention relative to their peers. Many investors still don’t have a solid answer for “how do you value this cryptoasset?” and that’s fine, there isn’t a definitive answer yet — it’s just too early. However, it’s important to start thinking in frameworks and understand what may be valuable in a cryptoasset network. Our research seeks to provides those frameworks.
- Sharing our work publicly opens it up to criticism from the community. We see this as a positive and have already seen incredible engagement from some of the smartest minds in this space. This allows us to ‘battle-test’ our work and improve it through feedback received.
IMPORTANT NOTICE: This document is intended for informational purposes only. The views expressed in this document are not, and should not be construed as, investment advice or recommendations. Recipients of this document should do their own due diligence, taking into account their specific financial circumstances, investment objectives and risk tolerance (which are not considered in this document) before investing. This document is not an offer, nor the solicitation of an offer, to buy or sell any of the assets mentioned herein.