What Is Decred?

Decred is a community-directed cryptocurrency with built-in governance designed with the goal of making it a superior long-term store of value. Decred's hybrid PoW/PoS consensus mechanism, transparent proposal, voting system, and continually funded treasury was designed to make it secure, adaptable, and sustainable.Decred uses a Proof-of-Work and Proof-of-Stake algorithms hybrid. It's not possible to buy Decred directly on Binance, but you can buy Bitcoin with a credit card or debit card on Binance and then exchange that for Decred. Decred is a community-directed cryptocurrency with built-in governance designed with the goal of making it a superior long-term store of value. Every Decred community member ( stakeholders, developers, and miners) - can vote on the direction of the project. Stakeholders collectively determine the policy, development plan, budget, and consensus rule changes. They also approve the miners' work - effectively aligning interests to ensure the best possible outcome for all. Decred is intentionally designed to fund all the parties involved in its governance. Each block reward compensates miners, stakeholders, and the Treasury, which pays contractors who work on Decred.