Reddcoin aims to achieve this by integrating a digital currency tipping system seamlessly with all major social networks to make tipping simple, fun and rewarding for both givers and receivers.
Reddcoin harnesses the power of social media to introduce digital currency to the masses. See Reddcoin transaction flowchart for social networks API and exchanges API.
Reddcoin allows businesses to engage significantly more customers than before through Reddcoin tips on social networks, which improves customer loyalty and increases their social media reach.
The Reddcoin community is the fastest growing digital currency community in the world. Community developers regularly contribute to the Reddcoin protocol and open source ecosystem.
Bitcoin is not suitable for micropayment as admitted by Satoshi Nakamoto, but Reddcoin fills that gap. People prefer to send and receive tips in large denomination numbers than in small decimal numbers.
Reddcoin has implemented Kimoto Gravity Well in its blockchain to deter multipools from exploiting profitability in mining, which reduces indiscriminate selling on exchanges.
Max Coins: 109 billions RDD
Block Time: 60 Seconds
Difficulty Retarget: Every block using Kimoto’s gravity well.
Block halving rate: 500,000 blocks
Block award: 100,000 RDD