What is Reddcoin?
Reddcoin is the social currency that enriches people’s social lives and makes digital currency easy for the general public. Reddcoin achieves this by integrating a digital currency platform seamlessly with all major social networks to make the process of sending and receiving money fun and rewarding for everyone.
Get Reddcoin Wallet
Features
PoSV
Reddcoin Proof of Stake Velocity is an innovative algorithm that encourages both ownership (Stake) and activity (Velocity). PoSV solves issues in traditional PoW & PoS algorithms and eliminate wasteful consumption of electricity for mining.
Tip Platform
Reddcoin decentralized Tip Platform allows people to seamlessly send & receive digital currency on Social Networks to anyone in the world & to support content creators through micro-donations.
Learn More
Redd-ID
Reddcoin Redd-ID is a unique service provided at the blockchain level which allows a user to associate a username with rich information including public keys and social network identities.
Learn More
ReddWallet
Reddcoin ReddWallet is a State-of-the-art wallet that provides various social features to increase engagement among users which improves security of the decentralized network.
Learn More
Reddcoin in the Press
By focusing on being a currency for social networking, Reddcoin will, most likely, become the currency for these systems, and thus the currency for the microtransactions they power.
— Dustin O’Bryant, CoinBrief.netReddcoin has made a revolutionary move and has created a concept that may be key to their survival against Asic mining hardware, as well as providing its investors an incentive of 5% interest.
— Jason De Costa, The Cryptocoin ChronicleReddcoin as a cryptocurrency allows an easy and reliable way to send money between friends and followers alike.
— Juergen Hoebarth, Yahoo NewsReddcoin is a very ambitious coin, and is certainly a coin to watch in the future, as it is growing quickly and has an active community.
— Drew Cordell, Cryptocoins NewsThe idea on which Reddcoin is based, alone can garner innumerable followers within a short period of time.
— Yashu Gola, Forex MinuteResources
Specifications
Algorithm: Proof-of-Stake-Velocity
Total Supply: ~27 billion RDD at the end of PoW
Interest rate: 5% inflation yearly
Block Time: 60 Seconds
Currency Code: RDD
Currency Symbol: Ɍ
