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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

ReddCoin is launched

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

People

Name
Role
Related Golden topics

Chris Whitesock

Jay Laurence

COO and Core Developer

John Nash

CTO and Lead Developer

Further reading

Title
Author
Link
Type

[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

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Date
Link

Companies

Company
CEO
Location
Products/Services

References