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Reddcoin (RDD) Scrypt-based alternative cryptocoin
25, Jan 2014
Reddcoin (RDD) 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. Redddcoin 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. Reddcoin decentralized Tip Platform allows people to seamlessly send & receive digital currency on Social Networks. 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. Reddcoin Broadcast provides powerful crowd-sourced marketing tools to businesses and steady Reddcoin income to individuals based on their social influence level.
Website:
– https://www.reddcoin.com/
Block Explorer:
– http://live.reddcoin.com/
Coin Specifications
- Algorithm: Proof-of-Stake-Velocity
- Total Supply: ~27 billion RDD at the end of PoW
- Interest rate: 5% inflation yearly
- Min Age: 8 hours, Max age 45 days
- Block Time: 60 Seconds
- Difficulty Retarget: Every block using Kimoto’s gravity well
Wallet:
– Windows
– Linux
– Mac OS
Source Code:
– at GitHub
Ports:
– RPC Port: 45443
Mining Pools:
No mining pools available, the coin is now PoS only.
- Published in: Crypto Coins
- Related tags: PoS, POS coin, Proof of Stake, RDD, RDD exchanges, RDD info, RDD mining, RDD pools, RDD trading, Reddcoin, Reddcoin crypto, Reddcoin exchange, Reddcoin info, Reddcoin mining, Reddcoin pool, Reddcoin trading, scrypt, scrypt coin, scrypt crypto, scrypt mining