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ReddCoin

ReddCoin

ReddCoin (RDD) is a cryptocurrency intended for sending and receiving RDD coins on social media websites without transactions fees.

ReddCoin (RDD) is a decentralized open-source cryptocurrency designed for use through social media. Reddcoin was originally forked from Litecoin and officially released on February 2, 2014, before being re-based on Bitcoin in August, 2016. The Reddcoin platform uses a peer-to-peer payment system that makes it simple for social media users to donate RDD coins to content creators through micro-transactions. 



Content creators can make their content open for tips by downloading the Reddcoin wallet application and linking it to their social media accounts. The Reddcoin platform is supported by Twitter, Reddit, and Twitch. Users of Reddcoin can stake their RDD coins to generate passive income because Reddcoin uses a Proof-of-Stake (PoS) process called 'minting' that rewards users through a Staking Reward. 





Timeline

January 20, 2014

ReddCoin is launched

ReddCoin is launched based on a fork of the Litecoin codebase.

People

Name
Role
LinkedIn

Chris Whitesock





Jay Laurence

COO and Core Developer



John Nash

CTO and Lead Developer



Further reading

Title
Author
Link
Type
Date

[ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2

ReddCoin





Proof of Stake Velocity: Building the Socia lCurrency of the Digital Age

Larry Ren





Proof-of-Stake-Velocity in Reddcoin: Frequently Asked Questions

Larry Ren





Documentaries, videos and podcasts

Title
Date
Link





Companies

Company
CEO
Location
Products/Services









References