The Currency Analytics

ReddCoin- “The” social Currency That I almost missed: Sydney Ifergan

By Sydney TheCMO

Your social currency

Revolutionary PoSV (Proof of Stake Velocity) algorithm

ReddWallet upgrade means huge leap for the coin

The crypto world is not just about the biggies like Bitcoin, Ethereum or Litecoin. A number of altcoins are fast emerging and a bunch of them actually show some amazing potential.

Launched in 2014 as a Litecoin fork, ReddCoin is driven by the mission to be “the social currency which can enrich our social lives as well make virtual currency easier for…

When it comes to receiving or sending money over different social platforms, we generally have to install a number of apps- in sync with each social media where we wish to carry…

The cryptocurrency extends one single payment mode by which users can send/receive money to/from anyone on any social media platform.

The coin aims for easy integration with varied social portals like Reddit, VK, QQ, Twitch, Facebook, Twitter or Reddit.

One of the most important parts of Reddcoin’s solution is their ReddID product. ReddID was the first blockchain product to link a readable name to a wallet address seamlessly on…

One of the main reasons why there should be more discussions on ReddCoin is its revolutionary PoSV algorithm.

A very unique algorithm, PoSV is designed to enhance the PoS methodology by stressing on both Stake (ownership) and Velocity (activity).

And even more importantly, Reddcoin has rewritten their special PoSV algorithm, just this last month to make it even more suited for advancing the Reddcoin mission.

ReddCoin comes with its own secured wallet (ReddWallet) that supports the coin users with a plethora of social features.

But as of now, the talk of RDD tinsel town is all about the recent Reddcoin Core Wallet upgrade.

You can read more in detail about that at www.medium.com/@techadept. TechAdept is the project leader of Reddcoin.

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