Majority of informations i found is from ReddCoin official page
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.
Features
- Proof of Stake Velocity
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.
- 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.
- Redd Wallet
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.
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
My personal opinion on ReddCoin 'price' (I'm not a profession investor or anything so if you want to invest please do your own research ;)
Lifetime chart
On june 5. it had hit its lifetime best with 122 satoshi per RDD since then it falled down to 65 satoshi
If you want to invest in RDD i suggest you to look for a few days how market is 'going' don't buy it instantly because there is a chance it will drop back to like 5 satoshi
I hope i helped you if you like this blog please follow me and upvote it means a looooooooooot to me :)
Goodbye and best luck in investing in cryptocurrency !!!
How many Redcoins you are holding? :D Good post
i was holding like 75000 but i sold it for 117 i think thank good i havent miss opportunity :D
ill probably buy like 100000 in near future if it falls to 50 and starts growing again
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