Category: General



Syncing a blockchain is always a time consuming and painful process. Fortunately, with the Reddcoin Core Bootstrap, you can speed up the syncing and staking Reddcoin process on a fresh install of the Reddcoin Core Wallet.

Here is how it works!

1. Download bootstrap.dat.xz from
https://github.com/reddcoin-project/reddcoin/releases
2. Extract it:
– Linux: xz -d bootstrap.dat.xz
– Mac: You can obtain xz from MacPorts or macpkg.sourceforge.net
– Windows: install 7Zip or WinRar
3. Copy bootstrap.dat to the Reddcoin home directory, which can be found:
– Linux: ~/.reddcoin
– Mac: ~/Library/Application Support/Reddcoin
– Windows (one of the following):
USERNAME/%APPDATA%/Roaming/Reddcoin
USERNAME/%APPDATA%/Local/Reddcoin
USERNAME/%APPDATA%/Reddcoin
4. Start wallet which will automatically import blockchain from bootstrap.dat
5. After import is finished, bootstrap.dat will be renamed to bootstrap.dat.old which can be deleted to save disk space.

Stake on!

Share this graphic socially and spread the word about staking Reddcoin to earn extra RDD social currency!

Staking Reddcoin

Reddcoin Development Update – 27 Feb 2017


First update for 2017

Welcome to the first posting of 2017 for the Redd-Nation.

We are looking forward to what 2017 will bring to the table in the crypto-space. There is lots of interesting projects going around currently and as the potential of blockchain is realised, peoples ideas are really starting to take shape.

The eco-sphere is starting to mature and 2017 looks to be an exciting one.

In our own corner, we have been putting a lot of focus and attention into Redd-ID and the overall user experience. We have moved past the idea of launching as a web application and into being a browser extension that provides a more immersive experience.

We have now completed the first rounds of implementing the registering of IDs onto the blockchain while making it as simple as possible for the end user.

The next steps are integrating with select social networks, and start building the foundation for completely decentralised tipping.

Redd-ID is the social currency that rewards.

ReddID Development

We have been saying it a lot, but Redd-ID is getting close!!

As a progress update, we have created and posted a short (2:45 min) video of what we have been doing.

You can find it either on:

Let us know what you think, or if you would like it posted elsewhere.
Additionally, if you want to have it translated, we have the script for creating captions, or alternate voice-overs

The next step in our development is to integrate the extension with the various social network platforms.

So all the pieces are now finally coming together, and are being tested.
Along side this, we are working on an information portal to educate on how all the pieces fit together.

Developer Channel

Our public slack channel is open to help fellow developer in their quest of programming excellence.

We have a growing number of community members who have already joined, and looking into interfacing Reddcoin into their projects.

Discussion is open to all aspects of coding, and we have skills across quite a number of disciplines.

We have provided an auto invite for easy access to the Developer Channel

Invitation is open to anyone (novice to master) interested in learning or helping.

Getting involved

We are a global community, and cross many borders but boundaries do not need to hinder us.

The crypto currency world has not reached its tipping point yet, but when it does, it is sure to escalate at an amazing rate. There are going to be many ups and downs, and an interesting ride for sure.

If you would like to get involved and dont know where to start, reach out and we will see where you can jump in @Deadpool has a great Trello site going with activities that need looking at.


In Closing

Thank you everyone.
We are looking forward to a fantastic year ahead.
It has been quite the ride up to this point, and in this arena things move fast. We are confident that you will enjoy what we will start to deliver.
There are lots of exciting projects out there, but none quite touch on the ideas we have in mind.

As always, there is still plenty to do, and there is no time for resting.

Stake On!

Gnasher
(John Nash)

Reddcoin Development Update – 24 Dec 2016


Merry Christmas and Happy Holidays Reddheads

A warm seasons greeting to all of you

And from each of us here on the Reddcoin Team, I would like to take this opportunity in wishing you, your families and loved ones all the best for the Christmas and Holiday period.
Where ever you are, and however you celebrate this time of year, be safe and be good to each other.

Christmas Reddcoin 2016

And now as the holiday season is upon us and 2016 prepares to give way to 2017, I would like to give our latest update of Reddcoin Development.

2016 has been quite an interesting year with lots of development throughout the crypto-sphere includign Reddcoin.

The highlights for Reddcoin during 2016 have been:

  • Release of Reddcoin Core v2.0 on August 5 (Reddcoin Github)
  • Presentation of the 2016-2017 Roadmap on September 30
  • Addition to Chinese exchange – Gobiw
  • Inclusion into a number of 3rd party projects including Exchanges, Wallets and Debit cards
  • Passing 1.5MM blocks generated

Overall, there is a lot of progress made behind the scenes. This is paving the way for the next round of Reddcoin and continuing to build the foundation. It is expected that throughout 2017 that these efforts will showcase all this good work.

Redd-ID is the social currency that rewards.

ReddID Development

Redd-ID is getting very close!!

All the pieces are finally coming together, and are being tested.
Along side this, I am working on an information portal to educate how it is all the pieces fit together.

New Team Member

It is with great pleasure that I can announce the addition of our latest team member @PixelBin.

@PixelBin has been a part of and around the Reddcoin community since the very early days. He has extensive experience in programming UI/UX and user facing web apps. His current Reddcoin related project is integrating Reddcoin as a payment channel, and I am sure he will provide some further details later.

@PixelBin will be a fantastic asset through the next stages of the Reddcoin rollout.

Please do give him a warm welcome.

New Developer Channel

We have opened a new public slack channel to help fellow developer in their quest of programming excellence.

A number of community members have already joined who are already interfacing with Reddcoin into their projects.

Discussion is open to all aspects of coding, and we have skills across quite a number of disciplines

Email me if you would like an invite (john at redd dot ink) or you can access the direct link
https://www.reddcointalk.org/topic/996/new-slack-opened-up-for-developers
Invitation is open to anyone (novice to master) interested in learning or helping.

Getting involved

We are a global community, and cross many borders but boundaries do not need to hinder us.

The crypto currency world has not reached its tipping point yet, but when it does, it is sure to escalate at an amazing rate. There are going to be many ups and downs, and an interesting ride for sure.

If you would like to get involved and dont know where to start, reach out and we will see where you can jump in @Deadpool has a great Trello site going with activities that need looking at.


In Closing

Thank you everyone for a fantastic year.
It has been quite a ride, and I know in this arena things move fast, but I am confident that we now have solid platform on which to build.
There are lots of exciting projects out there, but none quite touch on the ideas I have in mind.

As always, there is still plenty to do, and there is no time for resting.

So where ever you are, enjoy the last weeks of the year, be safe and see you in 2017

Stake On!

Gnasher
(John Nash)

Seasons Greetings Reddheads


I would just like to take this opportunity to extend my thanks and appreciation to all of you and also to the broader crypto community to which we belong.

As the year comes to a close and reflect back on the year that was, there has been a lot of activity and excitement with its usual ups and downs.

It is with clarity that I look forward to advancing our efforts and start bridging the technology to the broader community during 2017

Best Regards and Seasons Greetings

John and all of the Reddcoin Team
(Gnasher)

Reddcoin Development Update – 6 Dec 2016


Broadcast

Welcome again Reddheads to the latest update of Reddcoin Development.

We are now in December and 2016 is rapidly drawing to a close. I haven’t done an update in a while now so thought I should cover off where we are up to on Reddcoin development before we reach years end.

Since the last update, all efforts are still being placed delivering on our roadmap. We want to reach our target goals as close as possible. And overall the progress is looking quite good. Redd-ID has been operational on testnet for quite some time now, and all energy is focussed on polishing the user experience.

There has been a lot to cover off with this stage of the project, and it will be a momentous step which will take Reddcoin in the right direction for a truly decentralised tipping platform.

2016 has also seen the unfortunate closing of 2 commercial tip platforms (Changetip and Zapchain). I say unfortunate because there is a technology drive to create great applications to run on a blockchain that is now gone. I cannot comment on what led to the demise of either entity, but the goal is to learn from the experience.

Ultimately, the goal of Reddcoin along with the services we are creating is to provide a social experience to reward users and encourage positive social interaction.

We don’t want to be locked to any single social network, but rather create an environment to spread the rewards as broadly as possible.

ReddID Development

ReddID is now very close!!

It is quite operational on testnet, where a user is able to create, update, transfer (and revoke) their ID.

What currently is being worked on is to wrap this up and provide an interface that will make the first round of registrations easy and straight forward.

This is being performed as a web based interface first and the goal is to launch this at the same time as ReddID

Once this work has been complete we will be opening into live testing while we migrate the platform across to mainnet

Bootstrapping ReddID

For the launch of ReddID, we are giving consideration to the various options as to how this will transpire.

As has been mentioned in previous posts, the act of registering an ID will have an associated cost (in RDD). This pricing model serves several purposes

  1. Imposing an ongoing cost on registration will help deter ID campers/squatters, particularly those who want to sweep up a number of ID’s in the early days
  2. The amount paid for an ID is returned back to the network as an additional reward for staking. The fee collected will allow users who are staking to receive a bonus reward.
  3. Unpaid or expired ID’s will return to the network and can then be claimed by a new user

To share some of the ideas, we are considering to help kick start the registration:

  1. The first operation of ReddID will be the registration of a NAMESPACE. The reward for generating and staking that block will be a substantial amount of Reddcoin (expect > 5MM RDD).
  2. The time period for generating that NAMESPACE id will be a random block within 4 weeks of going live.
  3. Invite and provide the first year of registration free for a ReddID.
  4. Ongoing promotion and advertisement on our various social media accounts

And as potential users of this system, interested in your feedback and what you feel is both fair and reasonable.

BIP66 progress

As a timely reminder for you: If you are presently staking, and you are operating an old client (1.4.1 or lower), once the network reaches 85% your blocks will not be valid and you will lose your stake reward.
Download the latest V2 wallet here

The current status is:

  1. v2.0 wallet is now at 70% and now the majority client according to bitinfocharts
  2. v4 blocks are averaging 79% (BIP66 activation)
    Imgur

Bitcointalk Reddcoin ANN Thread

While this has been on the Reddcoin team radar for quite a while now, we are still been investigating either relaunching the existing BitcoinTalk Reddcoin ANN thread, or creating a new thread.

Both options are available, and all that is needed is to rework the OP (Original Post) with updated information that reflects the current status of work and goals, along with the roadmap.

This is an exciting moment, as we have not had a strong presence on BitcoinTalk since closing the thread almost 2 years ago. The BitcoinTalk community is strong and it would establish another line of communication with the community.

Getting involved

We are a global community, and cross many borders but boundaries do not need to hinder us.

The crypto currency world has not reached its tipping point yet, but when it does, it is sure to escalate at an amazing rate. There are going to be many ups and downs, and an interesting ride for sure.

If you would like to get involved and dont know where to start, reach out and we will see where you can jump in @Deadpool has a great Trello site going with activities that need looking at.


In Closing

Thank you for your patience.
I know in this arena things projects move fast, but I am confident that we now have a platform to move forward.
There are lots of exciting projects out there, but none quite touch on the ideas I have in mind.

As always, there is still plenty to do, and there is no time for resting.

So where ever you are, enjoy your week ahead

Keep on staking!

Gnasher
(John Nash)