[ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2 - page 82.

omgnaro

member

Activity: 119

Merit: 10

Hey guys dont forget that the ReddAPI contest is still running!

http://www.reddit.com/r/reddCoin/comments/22bi4v/giveaway_10_million_reddcoins_reddapi_app/

Over 10M reddcoin in prizes!!!!!!

MaxOnBit

hero member

Activity: 490

Merit: 500

What is the minimum age should be coins in wallet to forge PoS-block ?
For example, Novacoin = 520 confirmations + 30 days, COMM = 50 confirmations+everyday and what about REDD ?

unhooked

full member

Activity: 182

Merit: 100

Please give me some REDD

RufeTxd61pq6tWfVQHYwFYJWxwczKvYPLt

allcoinminer

hero member

Activity: 784

Merit: 504

Quote from: ReddCoin on May 01, 2014, 10:43:10 AM

Hi everyone,

Wallet 1.2.0.0 is now officially released. Absolutely everybody needs to upgrade ASAP!

http://www.reddit.com/r/reddCoin/comments/24efyz/mandatory_upgrade_asap_wallet_1200_is_now_released/

Block reward going down to 50k on may 10th/11th!

thanks

Reddcoin

Now the price back to 0.00000005

makishart

legendary

Activity: 3108

Merit: 1029

WALLET UPDATED TO ver 1.2.0.0

http://redd.gr2pool.eu:9443/static/

thanks for your support!

don't forget to update your wallets too!

ReddCoin

full member

Activity: 159

Merit: 100

Hi everyone,

Wallet 1.2.0.0 is now officially released. Absolutely everybody needs to upgrade ASAP!

http://www.reddit.com/r/reddCoin/comments/24efyz/mandatory_upgrade_asap_wallet_1200_is_now_released/

Block reward going down to 50k on may 10th/11th!

thanks

Reddcoin

Mathy

full member

Activity: 130

Merit: 100

No, only the fastened block halving will start at block 140000. PoSV is still in the works.

MaxOnBit

hero member

Activity: 490

Merit: 500

PoS will start after 140 000 block ?

makishart

legendary

Activity: 3108

Merit: 1029

what time is the release?

allcoinminer

hero member

Activity: 784

Merit: 504

When is the release of wallet 1.2?

Quote from: ReddCoin on April 29, 2014, 08:25:38 AM

Hi everyone,

I'm glad to announce a major milestone for Reddcoin.

[MAJOR ANNOUNCEMENT] Reddcoin to implement new algorithm Proof-of-Stake-Velocity

Quote

Dear fellow Reddheads:

After long period of research and development, the Reddcoin core team decides the time is now right to announce the biggest milestone in Reddcoin history to date.
We have designed a new algorithm called Proof-of-Stake-Velocity (PoSV) to replace the current Proof-of-Work (PoW).

PoSV builds on the strength of Proof-of-Stake (PoS) but introduces crucial features to address the flaws of both PoW and PoS.

PoSV is specifically designed to help Reddcoin grow as the digital social currency.

The full paper is available here: Proof of Stake Velocity: Building the Social Currency of the Digital Age

FAQs, such as PoSV's impact on mining and halving schedule, are covered here: Proof of Stake Velocity: FAQs

We urge you all to read both papers carefully. We've taken great efforts to document why and how we designed PoSV to solve what problems. We've also spelt out the vision for Reddcoin and its unique position in the competitive landscape of cryptocurrencies.

The release of wallet 1.2.0.0 will happen tomorrow.

Please post thoughtful comments and questions below. Flaming will be removed immediately.

Regards
Reddcoin core team

For more info:

http://www.reddit.com/r/reddCoin/comments/249dnl/major_announcement_reddcoin_to_implement_new/

Thanks

Reddcoin

suremine

newbie

Activity: 25

Merit: 0

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dogechode

full member

Activity: 182

Merit: 100

Quote from: omgnaro on April 29, 2014, 03:26:16 PM

Quote from: dogechode on April 29, 2014, 03:02:34 PM

I want to be excited about this POSV concept but I am failing to see what makes it better than just regular POS. In the reddit discussion, as users have pointed out, won't people just send coins back and forth to themself to increase their "velocity" or whatever it's called?

1) The minting process will be built into the wallet itself. you don't need to ping-poing between two wallets. your wallet sends your own coins to a designated address to consume coin age in exchange for potential discovery of valid blocks.
2) the specific coin-aging function we implement will encourage transactions but not so extreme that everyone desperately spams transactions all the time. There is also the transaction fee that prevents DDoS.
3) Blockchain bloat is not a unique problem. Look at Bitcoin. Blockchain grows in size when a cryptocurrency gains popularity. This is the very nature of a peer-to-peer distributed network. We foresee 3rd-party trustworthy service providers who provide online wallet + minting services for most Reddcoin users.

http://www.reddit.com/r/reddCoin/comments/249dnl/major_announcement_reddcoin_to_implement_new/ch50i95?context=3

The problem that I see is that points 1 and 2 contradict themselves. "you don't need to ping-poing between two wallets" but yet "....will encourage transactions" ... honestly it sounds like you are just very naively hoping that people will not abuse the system by sending to themselves by telling them that it is not necessary.

If they gain more coins by doing this, everyone will do it. If there is no benefit to doing it, then there won't be any benefit to doing more transactions, legitimate or otherwise, in which case the whole idea is pointless. I am not trying to be a jerk here just trying to understand.

dogechode

full member

Activity: 182

Merit: 100

Quote from: ?? on ??

Hi,

Just to let you know we just launched a new Reddcoin casino this morning!

http://www.ReddKing.com

GET 10,000 FREE REDD TO TRY IT OUT
Reply to this message with your ReddKing address and i will
credit 10,000 REDD on it.

I am pretty sure this goes against the no giveaways policy, the mods are really cracking down on people asking for users to post their address in exchange for some reward, as it spams the forums. They have threatened to lock threads found doing this and ban users who participate. Please simply list a link to an external page/site where people can spam their address if you want to do this, but don't do it here.

allcoinminer

hero member

Activity: 784

Merit: 504

Please create a separate thread for this. This thread is getting distorted from this when we are moving on a major announcement.

Quote from: ?? on ??

Hi,

Just to let you know we just launched a new Reddcoin casino this morning!

http://www.ReddKing.com

GET 10,000 FREE REDD TO TRY IT OUT
Reply to this message with your ReddKing address and i will
credit 10,000 REDD on it.

## ABOUT ##
- Double, Triple, Quadruple your Reddcoins
- 1% House Edge
- Off the Blockchain
- Provably fair
- Instant withdraw

## REFERRAL PROGRAM ##
- Earn 50% on every profit
- No minimum payout
- Paid weekly in ReddCoins

Have fun and good luck!

gentacomp

full member

Activity: 211

Merit: 100

Quote from: ?? on ??

Hi,

Just to let you know we just launched a new Reddcoin casino this morning!

http://www.ReddKing.com

GET 10,000 FREE REDD TO TRY IT OUT
Reply to this message with your ReddKing address and i will
credit 10,000 REDD on it.

## ABOUT ##
- Double, Triple, Quadruple your Reddcoins
- 1% House Edge
- Off the Blockchain
- Provably fair
- Instant withdraw

## REFERRAL PROGRAM ##
- Earn 50% on every profit
- No minimum payout
- Paid weekly in ReddCoins

Have fun and good luck!

My reddking address : Ro9CTfFT5EP65yd5HaeuXfNrx1Hpsu9M5S
Looks awesome

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

How many ppl are in redddev team to be able to pull off such interesting concept?

elusivewalrus

newbie

Activity: 1

Merit: 0

Quote from: ?? on ??

Hi,

Just to let you know we just launched a new Reddcoin casino this morning!

http://www.ReddKing.com

GET 10,000 FREE REDD TO TRY IT OUT
Reply to this message with your ReddKing address and i will
credit 10,000 REDD on it.

## ABOUT ##
- Double, Triple, Quadruple your Reddcoins
- 1% House Edge
- Off the Blockchain
- Provably fair
- Instant withdraw

## REFERRAL PROGRAM ##
- Earn 50% on every profit
- No minimum payout
- Paid weekly in ReddCoins

Have fun and good luck!

I'll try this out, thanks a lot. RYjcLTCV4A1YpWN9MiL5SMKJt1xM75DX93

NJRiot

hero member

Activity: 504

Merit: 500

Hoqu.io – Tokensale is live

trading is frustrating!
congrats rdd on your pos!
very nice!

ficklepickle

member

Activity: 70

Merit: 10

Quote from: NJRiot on April 30, 2014, 03:23:01 AM

I see the investor on cryptsy keeps moving his 30btc manipulation ...
also noticed he removed it yesterday before the pump!
and now its back!
why slaughter the sheep already?
let the coin gain momentum n investors!
to slaughter on day one of the announcement is the most greedy move to do.
I hate that guy! ... Karma Bro Karma!

Could just be an algo trader. Might not even be a human behind that.

NJRiot

hero member

Activity: 504

Merit: 500

Hoqu.io – Tokensale is live

I see the investor on cryptsy keeps moving his 30btc manipulation ...
also noticed he removed it yesterday before the pump!
and now its back!
why slaughter the sheep already?
let the coin gain momentum n investors!
to slaughter on day one of the announcement is the most greedy move to do.
I hate that guy! ... Karma Bro Karma!

Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2 - page 82. (Read 688959 times)