# Welcome to /r/Decred.
## What is Decred?
Decred is an autonomous digital currency, similar to Bitcoin, with a strong focus on governance, sustainable funding and development. It utilizes a hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus system to secure the flow of transactions. All changes to the Decred network are made with direct community input and settled with a consensus vote. A unit of currency is called a ‘decred’ (DCR). All the code of the Decred project is open source.
## Why Decred?
We created a [special post](https://medium.com/decred/why-decred-let-the-community-tell-you-5479929e35d2) to answer this question, written completely from community input.
### Before you post...
This an endorsed subreddit, co-moderated by community members and Decred contractors. With such a large and growing number of subscribers, both moderators and subscribers must act responsibly to avoid repetition, clutter and low-quality content.
##### ... please check if your question has already been answered
Most answers are just a search away. Before you post, **use the search bar** to check if your question was already answered on this subreddit. The Decred project also has an extensive [documentation site](https://docs.decred.org/) and the [/r/Decred wiki](https://www.reddit.com/r/decred/wiki/index) answers some of the most frequently asked questions.
##### ... and then read the posting rules:
We need to enforce some [basic rules](https://www.reddit.com/r/decred/about/rules/) to keep this subreddit useful and fun. Posts that violate any of the following rules may be removed without warning by the moderators.
* No misleading titles and no ALL-CAPS
* No spamming and no scamming
* No price prediction threads
* No duplicate threads
* No trolling or FUD
* No referral links
* Stay on-topic
Ask trading-related questions in [/r/dcrtrader](https://www.reddit.com/r/Dcrtrader/).
### Download one of the wallets
The only supported wallets are the Decrediton wallet...