Thread: ReddCoin - Cryptocurrency for social networks

Cryptocurrency for social networks - ReddCoin (RDD)




Reddcoin is an open source peer-to-peer cryptocurrency based on Litecoin v0.8.6.2 source code.

Reddcoin will be dedicated to one thing: tipping on social networks as a way to bring cryptocurrency to the general public.

Social networks are now part of our life. They give to everyone on this planet a fair chance at showing to the world how awesome they are. Getting an upvote’s or like’s for their well-received comment is fun, but unfortunately, it has no real value. Maybe there is something better?

Cryptocurrency is complicated. Let’s face it, the average human being has no idea how cryptocurrency work. They would like to get involved, but usually have no idea where to start.

Reddcoin will fill those voids by integrating a seamless cryptocurrency tipping system with all major social networks to make the process of exchanging coins simple, fun and rewarding both for the giver and the receiver.

Everyone will be a winner. Social networks are always looking for new ways to have their users interact with each other in order to generate more advertising revenue. Our customers will enjoy this new “cool” application and even make some money out of it. Coin owners will benefit from the increased demand from social networks.

To get more informations about Reddcoin, visit official website(see below).

If you have any questions, fell free to ask here.


Specifications

Algorithm: Proof-of-work (soon to become Proof-of-Stake-Velocity)
Total Supply (Approx): 27,5 Billion RDD
Block Time: 60 Seconds
Difficulty Retarget: Every block using Kimoto’s gravity well.
Block halving rate: 50,000 blocks
Current Block reward: 12,500 RDD


[Major announcement]
[PoSV] Release Candidate 2, Chess and Future

Click here for the latest updates

Windows wallet
https://github.com/reddcoin-project/....2.1.0-win.zip

Mac wallet
https://github.com/reddcoin-project/....2.1.0-mac.dmg

Android wallet
https://play.google.com/store/apps/d...1re.reddwallet

Linux wallet
https://github.com/reddcoin-project/...0-linux.tar.gz

Source code
https://github.com/reddcoin-project/reddcoin


Block explorers
http://bitinfocharts.com/reddcoin/explorer
http://cryptexplorer.com/chain/ReddCoin
http://altexplorer.net/chain/reddcoin

Exchanges
https://www.cryptsy.com/markets/view/169
https://www.mintpal.com/market/RDD/BTC
https://bittrex.com/Market?MarketName=BTC-RDD
https://poloniex.com/exchange/btc_redd
https://coinedup.com/OrderBook?market=RDD&base=BTC
https://www.allcrypt.com/market?id=165
https://www.swisscex.com/market/RDD_BTC

Calculators
http://coinmarketcap.com
http://www.coinwarz.com
http://www.coingecko.com
http://bravenewcoin.com
http://www.worldcoinindex.com
http://cointweak.com/calculator

Pools
https://rdd.united-miners.com
http://rdd.hashbros.org
http://rdd.coinmine.pl
https://rdd.hash.so
https://rdd.suremine.com
http://reddcoinpool.com
http://rdd.hashingserver.com
http://rddpool.com
http://rdd.novahash.org
http://redd.247mining.com
http://redd.md-web.fr
http://rdd.theblocksfactory.com
http://www.CoinMine.PW
http://evilhumpty.com
http://redd.themineshaft.us:9443

Social networks
http://www.reddit.com/r/reddCoin
https://twitter.com/reddcoin
https://www.facebook.com/reddcoin
https://plus.google.com/u/0/103153457694089554253/posts
http://www.youtube.com/user/realreddcoin
http://reddcoinforum.com/index.php
http://vk.com/thereddcoin


Official Website:
http://www.reddcoin.com

[PoSV] Official Release v1.3.0.0 Mandatory Upgrade

http://www.reddit.com/r/reddCoin/com...atory_upgrade/

Dear fellow Reddheads:

PoSV is now officially released. You can download the PoSV wallet v1.3.0.0 for Windows/Linux/Mac at this link. PoSV will start at block 260800 which is expected to be minted around 7pm UTC, 2nd August 2014. (Who will be the lucky one?) The total amount of RDD mined in PoW phase will be just a tad shy of 27 billion, which is about 500m less than we originally estimated.

All users (except mining pools)

1- Encrypt your existing wallet.dat because staking is only possible with encrypted wallets.
2- Back up wallet.dat
3- Remove all files and folders in your Reddcoin home folder except wallet.dat
4- Uninstall old wallet. Install wallet v1.3.0.0
5- Start wallet and re-sync blockchain.
6- Set staking=0 in reddcoin.conf if you want to disable staking (e.g. if you are an exchange or seed node).
7- Never ever set txindex=0 (default 1) because it may interfere with staking.
8- To start staking, just unlock the wallet and wait for PoSV to arrive.
9- If you want to compile from source code, git checkout v1.3.0.0 (git tag is not tied to a branch).
10- In our github repo, master branch is now the posv branch.


Mining pools

1- Your mining daemon (the one that creates new PoW blocks and announces them to the network) must be at v1.2.1.0 (not even v1.2.0.0 which will be disconnected by all PoSV wallets). Otherwise your new blocks won't be accepted by the network.
2- Your payout daemon (the one that creates transactions to pay miners shares of block rewards) should be upgraded to v1.3.0.0 because transactions created by pre-PoSV wallets will be ignored and discarded by PoSV wallets once PoSV kicks in at block 260800.

Party

/u/hoppipoppipolla is hosting our (in)famous music DJ party at http://plug.dj/reddcoin-com-r-reddcoin/

Additional information

1- All exchanges, block explorers etc are being notified.
2- I'll be posting more information on PoSV in coming days. There will be a public quiz contest for PoSV with awards to top scorers.
3- Please ask any question below and I'll add some of them to this post.
4- You can now shut down all nodes on testnet.

Finally, a huge thank you to all who have helped us test PoSV. It's your efforts and contribution that make this release possible.

Regards
laudney

Crypto Analytics reiterates its BUY rating on RDD.
for Analysis and Target Price:
http://cryptoanalytics.trade/rdd/
@CryptoAnalytic

Wallet updates:

Windows wallet:
https://github.com/reddcoin-project/....3.1.1-win.zip

Mac wallet:
https://github.com/reddcoin-project/....3.1.1-mac.dmg

Linux wallet:
https://github.com/reddcoin-project/...1-linux.tar.gz

Source code:
https://github.com/reddcoin-project/reddcoin


Instructions to upgrade from previous version:
http://www.reddit.com/r/reddCoin/com...atory_upgrade/

Watch Reddcoin Official video:

https://www.youtube.com/watch?v=KlYJ0sNVVpg

New article on reddheads.com:

http://www.reddheads.com/articles/an...eans-reddcoin/