Reddcoin – Cryptocurrency for Social Networking

According to Dustin O´Bryant from CoinBrief.net a revolutionary Cryptocoin like Reddcoin (RDD) will most likely become the currency for these sytems, and thus the currency for the microtransactions they power.

So, what is reddcoin?

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

Watch the video, that will explain it…

Jason De Costa from The Crypto Chronicle says that Reddcoin has made a revolutionary move and has created a concept that may be key to their survival against Asic mining hardware, as well as providing its investors an incentive of 5% interest.

You can get Reddcoins at the major Cryptocurrency Exchange POLONIEX

Poloniex is the exchange with the highest volume on RDD as of today.

You also can get free Reddcoins every day by visiting the RDD Faucet

Once you have Reddcoins, you store them on your PC, Reddcoin provides you with a Wallet, which is free to download at their website.

Reddcoin is definitely a coin to look out for because in the future it allows an easy and reliable way to send money between friends and followers alike, as Jürgen Höbarth from Yahoo News stated in an article, and Drew Cordell from Cryptocoin News wrote that Reddcoin is a very ambitious coin, and is certainly a coin to watch in the future, as it is growing quickly and has an active community.

Specifications

Algorithm: Proof-of-Stake-Velocity
Total Supply: ~27 billion RDD at the end of PoW
Interest rate: 5% inflation yearly
Block Time: 60 Seconds
Currency Code: RDD
Currency Symbol: Ɍ