reddcointhesocialcrypto-blog

[reddcointhesocialcrypto-blog]

Buying Reddcoin?

Reddcoin turns the world! And the world starts to point towards Reddcoin !! What might have seemed a distant mirage is already much closer than it seems. Just open your eyes! Nothing is easier than buying Reddcoin with your own national currency.

Americans and Russians: Yobit, this Russian based cryptocurrency exchange trading multiple altcoins would make it an interesting alternative to Bittrex (probably the current leader, in terms of exchanges offering so many coins) accepts both US Dollars and Rubles

Europeans: Litebit, this exchange is actually a Dutch company that buys altcoins and sells them on to clients, for a higher price, so it is acting more like a change bureau or simply a spot exchange. It does not offer leveraged trading. One of the main advantages of LiteBit is that it offers a large number of coins, that can be purchased with Fiat (euro) to enjoy the currency of social networks.

Indians: surrender yourself to KoinOK, this is a digital asset trading platform which makes trading cryptocurrencies secure, easy and quick in India with trading in Indian Rupee.

Korean: the enthusiastic people of Korea have to wait until UPbit, the biggest and most important exchange of their country, opens up the KRW market. Until then you can buy in Korea with BTC.

Other Fiat currency’s like Canadian Dollar, Kenyan Shilling, Nigerian Naira, South African Rand, British Pound all are willingly accepted on Coindirect. Inhabitants of 37 nations can exchange their national currency here to buy Reddcoin.

Why would you not leave your current crypto to get something mature, eco-friendly, easy, fast, secure and able to link this with every social network? You can sell your BTC, ETH, LTC, Doge, USDT on 15 other exchanges too :-)

So be like John!

[reddcointhesocialcrypto-blog]

The Journey of Reddcoin

What is Reddcoin?

Reddcoin (RDD) is a type of cryptocurrency. A cryptocurrency is a digital peer-to-peer medium of exchange with no central authority or banks managing its transactions, unlike fiat money that derives its value from government regulation or law (e.g. The U.S. Dollar, Euro, etc.). You do not need a bank or any central authority to use cryptocurrency. Reddcoin is powered by its users. With Reddcoin, you are essentially your own bank.

Reddcoin is dedicated to one thing — tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public. Social networks are now part of our everyday lives. They give every person on this planet a fair chance at showing the world how awesome they are. Getting an upvote, like, or retweet for your well-received comment or picture is fun, but unfortunately, they have no real value. Fortunately, there is now something better than imaginary internet points — Reddcoins.

Cryptocurrencies are complicated. Let’s face it — the average person has no idea how cryptocurrencies work. They would like to get involved, but usually have no idea where to start. Reddcoin’s objective is to 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.

Initial Public Coin Offering (IPCO)

Reddcoin was created on January 20, 2014, as a PoW cryptocurrency. On February 2, 2014, after raising $100,000 through their Initial Public Coin Offering (IPCO), Reddcoin was released to the public. On April 29, 2014, they announced that Reddcoin would transition from PoW to PoSV.

When Reddcoin was first introduced, the development team introduced an Initial Public Coin Offering of 5.45 billion Reddcoins in exchange for Bitcoin from interested investors. This money raised used to support in the development, publicity, and support of Reddcoin during and after launch. Over the following weeks, 168.8347 Bitcoin was raised. To prevent a large influx of Reddcoin to the trading markets after launch, the 5.45 billion Reddcoins were distributed to the 386 investors over a 90 day time span at 1.11% of the total to be received distributed to each investor each day, ending in mid-May 2014.

Reddcoin Technology

Reddcoin is an advanced cash secured by a cryptographic algorithm. At the core of Reddcoin innovation lies an algorithm, worked by lead designer Laudney, called Proof of Stake Velocity (PoSV). As Bitcoin has picked up standard presentation one of the repeating reactions has been its mining calculation, known as Proof of Work (PoW), this secures the system and boosts members.

With the coming of mining pools — frameworks that gathering together the energy of thousands of diggers — the PoW algorithms that safe Bitcoin and “altcoins, for example, as Litecoin and Dogecoin, are available to the 51% attack. This mining-pool issue was not predicted at the start of Bitcoin; it is currently evident that utilizing PoW to secure a cryptographic money arrange empowers the enormous centralization of mining influence.

Reddcoin Price

The self-declare social currency, Reddcoin is one of the several altcoins to experience price rise mid this year. The Reddcoin price rose so far that it has even challenged Dogecoin on the market cap charts. I anticipate the price of Reddcoin to keep on rising in 2018 and beyond making it one of the best cryptocurrency you need to invest your money.

CoinGecko ranks Reddcoin 9th in overall coin health with a 52% rating. The rating indicates that the coin is performing well and its price may shoot anytime. Reddcoin has maintained high CoinGecko ranking for several months, resulting in a positive price trend. My advice to investors is to bet on the future and long-term success of Reddcoin.

How exactly does ReddCoin work?

ReddCoin is a blockchain currency just like the many others on the market today, but what makes ReddCoin stand out is its platform and minting. ReddCoin has a dedicated team and there is already plugins which can be used to tip ReddCoin on multiple social sites like Twitter, Youtube, Facebook, and Reddit instantly with zero transaction fees. This allows users to do more than just like or retweet, but send actual benefit to the other person through micro donations.

What is minting?

Minting is a new system that allows users with ReddCoin to stake their coins and gain more over time. Traditionally, coins are mined using a massive amount of computing power and energy, but ReddCoin uses an environmentally friendly method called minting. Anyone is able to mint ReddCoin on laptops and smartphones. When a user holds ReddCoin in the wallet, they automatically begin minting their coins and earning more ReddCoin without having to setup a miner and use power. The more ReddCoin a person has in their wallet at a given time, the more minting profit they will receive.

Reddcoin Tipping on Social Networks to Bring Cryptocurrency to the General Public

Social networks are now part of our daily life. They offer everyone in the world a fair chance at demonstrating to the world how awesome and wonderful they are. Getting a million likes for various posts that you post or comments is fun, but unfortunately, it has no real value. Maybe there is something better that needs to be added like ReddCoin.

We all know how cryptocurrency is complicated. We have to face it, the average person has no idea how cryptocurrency work. They would to get involved but usually have no idea where to begin. Reddcoin will fill those vacuums by integrating a smooth cryptocurrency tipping system with all major social networks to make the process of exchanging coins simple, exciting and rewarding both for the receiver and the sender.

The Future Of Reddcoin

Reddcoin is aimed to offer the mechanism to perform micro-donations across different social networks. Looking at its development, their goal is to overcome challenges of developing an innovative to offer a completely decentralized network for various social media.

I really could say Reddcoin is the granddaddy of social cryptocurrency. As far as what I know, I always think of it as the first cryptocurrency that is focused mainly on micro tipping and social platform use. It seems 2018 and the future is gearing up to be the year social networking gets taken over by cryptocurrency and especially Reddcoin. We have seen other Altcoins perform big thing, and soon we will have Reddcoin accomplishing big things on social networks.

Currently, there are a lot of exciting projects geared towards social networking for 2018 and beyond.

[reddcointhesocialcrypto-blog]

The Easy life of Reddcoin Web-ID

What is Web-ID?

Web-ID is basically a web version of Redd-ID. From a functional standpoint, it is fully compatible with Redd-ID and we will be able to connect all of our partnerships and user locations with Web-ID.

Through Web-ID, you can transact Reddcoin by your own sentence or username. Also, Web-ID allows people to tip anytime, anywhere on their mobile phone or PC as long as they have a username on Web-ID.

The Web-ID transaction time is zero seconds, because it is transferred directly to the relative wallet and checked in real time through the transaction board.

Additional features and usage will be updated continuously. This u can see in the roadmap for Web-ID. Reddcoin, a new way of living. U can even use it to buy your favorite burger from the restaurant

Web-ID makes it possible to tip RDD easily, we will be conducting more activities to increase the number of users. This you can see with looking at the roadmap published on https://reddcoin.com/web-id/

If you are still not convinced, check out this promo video and test the Web-ID Wallet

[reddcointhesocialcrypto-blog]

Reddcoin4art

Crytpocurrency and art, its a new way of looking at Cryptocurrency!

Art has always been an element of union, through art, man reaches heaven, contemplates beauty, feels gratified. We want to make art the means to bring the unencrypted world closer to the world of cryptocurrency.

We do not need speculation, we want to create a community, people comming together to build a better world.

Italy always had an eye for great attention to art, so much that it has become the reason for many visits to the nice country of Italy.

Many painters, sculptors, poets like Caravaggio, Leonardo Da Vinci, Raffaello, Dante Alighieri, have created wonderful works subsidized by Italian benefactors. Today in many schools across the country they study the life of artists, works of art, work techniques simply because one day people have entrusted tasks, This realizes something for Reddcoin.

Probably many people around thought that it would be useless, luckily for us they did not let themselves be convinced and also went against the current!

Every work of art that comes to light has always helped to create a better world, this is what the artist wants to express.

In this third millennium we want to use this honor and give space to all artists. Reddcoin will give them a motivation, assist in seeking benefactors. All we want is to spread art because art is for each of us, we can and we must all admire it. Reddcoin4Art, Reddcoin-Alliance and Reddcoin want to be the protagonists of this. The artist should be able to express himself!

Spreading Reddcoin means winning the mistrust in cryptocurrencies. Reddcoin4art want spread Reddcoin with the art!

This way we hope all will remember when they see an artwork Reddcoin.

[reddcointhesocialcrypto-blog]

How to do staking?

How to do staking/minting with Reddcoin Social Wallets?

With Reddcoin you can earn more Reddcoins using the official wallet core, providing your blockchain computing skills

The more RDD you have in your wallet, the more you can earn.

Wich wallet?

Here is the link for your own Social Wallet

The installation was simple and fast, the wallets are available for Windows 32-bit / 64-bit, Mac and Linux.

And now???

You need obviosly some Reddcoins

Buy your Reddcoin and send it to your wallet

Let’s go!

There are 3 things that you need in order to be able to perform staking

1. Your wallet needs to be updated/syncronized with the blockchain

2. You need Reddcoins in your wallet

3. Your Reddcoins must be “matured” for at least 8 hours

And now……. Staking!!

After my coins had matured, I could see my weight compared to the weight of the network, and the time needed to earn the first staking reward.

How much can i earn with my Reddcoins in my wallet ??

Here you can visit the calculator of Reddcoin and enter your amount to see your staking reward.

The percentage for the calculation of the prize is currently 5% per annum of the value of your coins.

The frequency of the accreditation of the staking prizes varies depending on the weight of your Rdd and the use of the blockchain network for transactions.

A reminder:

Staking only works with the official Reddcoin wallet core.

[reddcointhesocialcrypto-blog]

Introducing Reddpay.me

Reddcoin is the social currency that makes digital currency easy for the general public. It achieves this by integrating a digital currency platform seamlessly with all major social networks to make the process of sending and receiving money rewarding for everyone.

A new initiative to make Reddcoin the currency easy to use

https://reddpay.me/

How does it work?

With this site it is easy to transfer currency to an email address in 4 steps:

1 Click Send Money on the home page

2 Choose how much you want to transfer using the available Fiat currencies

3 Enter the recipient, email name and even a small description and click “Go to Step 2”

4 Make a deposit of how much you want to transfer to the address that is shown to you

You will also receive in the same email the public key of the address where you received the transfer and the related private key.

Now those who have received the Rdd can import their private key into their Reddcoin Core wallet.

During the operations, all the security notices on the transfer of funds are always present.

Fast, safe and economical.

The cost of the transfer is 1,75%. The necessary to pay the costs of using the network network.

Reddcoin and the large audience of the internet and social networks are close.

Other tools for the transfer of Rdd are already present for social media

Telegram: @Reddcoin_bot. You can use it within any telegram group to transfer between other users, withdraw to other addresses and deposit on your Telegram account through simple commands that can be displayed with the classic command / help

Twitter: Follow @tipreddcoin and he will follow you. You can use it to all Telegram accounts to transfer Rdd, you can deposit, withdraw it all through private messages with the bot.

Reddit: through private messages to the bot you can perform all the transfer and deposit of the Rdd between Reddit users. At this link you can find more information

https://www.reddit.com/r/reddCoin/wiki/tipbot_reddit

Many other initiatives will be shown because Reddcoin becomes the currency of social networks