Dear fellow Reddheads:
As we make daily progress toward releasing PoSV, I hereby want to find all the volunteers who have the following skill sets:
If you want to become one of the very first Reddheads to mint Reddcoins, please reply below along with the OS of your choice.
I’m glad to announce that internal testing has entered the final phase: .
1) full backward compatibility between the master and PoSV branches in terms of PoW mining and transaction + block data structures 2) checkpoint broadcast
After internal testing finishes, I’ll start invitation-only beta testing followed by public beta. Stay tuned.
Dear fellow Reddheads:
Today we’d like to announce three pieces of news:
The social wallet is already being used by Reddcoin developers on a daily basis. Starting from today, everyday we’ll send out invitations to the Top 10 Contributors of the Day to join us in beta testing. In coming weeks, the social wallet will be available to all.
An online slideshow of the screenshots are available here.
Reddcoin Core Team
Reddcoin core developers today unveil the next-generation social wallet that implements several innovative features not seen in the cryptocurrency world before:
The social wallet is fully functional on Windows, Linux and Mac OS X and is now in invitation-only beta testing. A public beta testing will start within weeks. More social features are under development and will be introduced in due course.
The screenshots of the social wallet is available at http://imgur.com/a/6nKII#0
The social wallet is a central piece in the Reddcoin infrastructure and is designed to work with the proprietary Proof of Stake Velocity (PoSV) algorithm that will soon replace Proof of Work. PoSV was designed by Reddcoin lead developer Larry Ren and published in April in a landmark white paper that has received wide attention among the cryptocurrency communities.
Proof of Stake Velocity is an innovative algorithm that encourages both ownership (Stake) and activity (Velocity). It’s designed to address various flaws in Proof of Work and Proof of Stake from both technical and economic points of view. The white paper also provides the first comprehensive review of the state of economies of cryptocurrencies in general.
Another key piece of the Reddcoin infrastructure is the next-generation social platform that will integrate with all social networks and provide the easiest and smoothest user experience for micropayment and content creation across those social networks. The platform is under active development and is on track to be unveiled in summer 2014.