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Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2 - page 83. (Read 688980 times)

hero member
Activity: 784
Merit: 504
Both are in the same pc. I'm checking both wallets by replacing the wallet.dat for each.

No only 1 address.

I presume you mean then on two different pc's or something like that? Are you sure the blockchain on both of them is completely and correctly synchronised? You can try removing the blockchain and let it resync again.
full member
Activity: 130
Merit: 100
No only 1 address.

I presume you mean then on two different pc's or something like that? Are you sure the blockchain on both of them is completely and correctly synchronised? You can try removing the blockchain and let it resync again.
hero member
Activity: 784
Merit: 504
1.2.0.0 not out yet?

No. Wait and will release before the next 24hrs.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
1.2.0.0 not out yet?
newbie
Activity: 56
Merit: 0
hero member
Activity: 490
Merit: 500
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
Awesome! I love you man! Grin
hero member
Activity: 784
Merit: 504
No, both wallets only hold 1 same address.
One of the wallets must be newer then the other. Imagine a wallet as a collection of receive addresses so you make your wallet and start with one.

Wallet.dat
Address 1:1M reddcoin.
Address 2:5M reddcoin.
Now say you back this up, lets call this backup WalletBackUp.dat

So now WalletBackUp.dat looks like
Address 1:1M
Address 2:5M
Total 6M.

Since this is a backup you are not using it, if you add another address to your current Wallet.dat it might look like
Wallet.dat
Address 1:1M reddcoin.
Address 2:5M reddcoin.
Address 3:10M reddcoin.
Total 16M

So your backup shares Address 1&2 with your current wallet, however because address 3 was made after it is not on the backup. This is why its important to back-up often especially when making new addresses.

Hope this helped!
hero member
Activity: 784
Merit: 504
No only 1 address.
I have 2 wallet.dat files.
Both contains one same REDD address.
But both displays different balances. Why?
Probably the one of them contains another address with funds.. Just a guess :/
member
Activity: 97
Merit: 10
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!


RhvFhFjHg6jFzJ8UmfCieoFEMnP7DRFxyK

Thanks!



hero member
Activity: 504
Merit: 500
Hoqu.io – Tokensale is live
redkings address  RkLBjgJaxCY89ja8243rjvXSDWStA617ES
thank you sir
member
Activity: 70
Merit: 10
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 guess holding unto all these reddcoins was wise after all. 

Rp3tQJqrcCicrvr3kWtgnFZWCtD2e1kSGh
sr. member
Activity: 394
Merit: 250
Crypto enthusiast
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 give it a try: RptLGHaTWX5jzcKhdzT69oyKuVmjPfsvjJ
member
Activity: 119
Merit: 10
One of the wallets must be newer then the other. Imagine a wallet as a collection of receive addresses so you make your wallet and start with one.

Wallet.dat
Address 1:1M reddcoin.
Address 2:5M reddcoin.
Now say you back this up, lets call this backup WalletBackUp.dat

So now WalletBackUp.dat looks like
Address 1:1M
Address 2:5M
Total 6M.

Since this is a backup you are not using it, if you add another address to your current Wallet.dat it might look like
Wallet.dat
Address 1:1M reddcoin.
Address 2:5M reddcoin.
Address 3:10M reddcoin.
Total 16M

So your backup shares Address 1&2 with your current wallet, however because address 3 was made after it is not on the backup. This is why its important to back-up often especially when making new addresses.

Hope this helped!
legendary
Activity: 3108
Merit: 1029
I have 2 wallet.dat files.
Both contains one same REDD address.
But both displays different balances. Why?
Probably the one of them contains another address with funds.. Just a guess :/
sr. member
Activity: 335
Merit: 250
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!







RpsshcvCFf451MzZA9VYKH2hdrjJXX3Hjb
member
Activity: 62
Merit: 10
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!







Can't wait to start !
RpQYf4vkwajBGkz5exAcC6MAyX5Evhd4tV

Thank you !!
hero member
Activity: 784
Merit: 504
I have 2 wallet.dat files.
Both contains one same REDD address.
But both displays different balances. Why?
full member
Activity: 176
Merit: 100
legendary
Activity: 3108
Merit: 1029
member
Activity: 119
Merit: 10
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

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