$27.21 -6.08%
DCR · 50w

New to Decred? Start here!

# 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. Units of currency are called ‘credits’ (DCR). All the code of the Decred project is open source. ## Why Decred? We created a [special post]( 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]( and the [/r/Decred wiki]( answers some of the most frequently asked questions. ##### ... and then read the posting rules: We need to enforce some [basic 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]( ### Download one of the wallets The only supported wallets are the Decrediton wallet ...
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