Installing Decrediton in Fully Validating Mode - Decred Fundamentals

Over the past few years, digital wallet technology has grown exponentially. From simple send, receive and store, it’s now possible to do a whole host of activities directly from within your crypto wallet. In my opinion, moving forward, the wallet will be the main app that we’ll use to interact with the internet, affecting becoming a web browser, email client, social media platform, App Store and payment gateway. It’s for this reason, we should probably understand not all wallets will be created equally. For instance, if I want to store my wealth, it’s probably best, not to do this on a wallet that’s constantly connecting to the internet. Different wallets will participate in different ways. The analogy I like to use is, Decrediton is Decred’s bank vault and Bison Relay is Decred’s internet app.

Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.

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