Trade RDD - RDD Markets, Exchanges, Broker
In our series Alt-Coins we explain different new coins and their technologies. Today, we will discuss the ReddCoin. I myself have already bought 118,000 ReddCoins on Bittrex for $356 in my portfolio. The current price is $0.00300923 per ReddCoin. Why did I invest in this coin and what is behind the idea?
Information about ReddCoin (RDD)
Reddcoin is an alternative crypto currency known as "The Social Currency". It is anxious to become the social currency. It wants to make paying on social networks like Reddit, Twitter, Facebook etc. easy.
The Reddcoin Wallet covers all major operating system platforms such as Windows, Mac, Linux and Android. Some of the main features highlighted on the official Reddcoin website are a Reddcoin Social API, strong community support and easy micropayment.
The code base is a wallet from Litecoin, with Scrypt as proof of the working algorithm. About 27 billion coins can be generated.
PoSV
Redddcoin (Proof of Stake Velocity) is an innovative algorithm that promotes both ownership (stake) and activity (velocity). PoSV solves problems in traditional PoW & PoS algorithms and eliminates wasteful power consumption during mining.
Tip Platform
The decentralized tip platform allows people to seamlessly send and receive digital currency on social networks to support authors through micro-donations.
Redd-ID
Redd-ID is a unique blockchain-level service that enables a user to associate a user name with information, including public keys and social network identities.
ReddWallet
ReddWallet is a state-of-the-art wallet that provides various social features to increase engagement between users, which improves the security of the distributed network.