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Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2 - page 85. (Read 688980 times)

sr. member
Activity: 346
Merit: 255
full member
Activity: 159
Merit: 100
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
newbie
Activity: 31
Merit: 0
newbie
Activity: 9
Merit: 0
Reddcoin to implement a new "Proof-of-stake-velocity" algorithm. Looks interesting. 0.00000004 sell wall vanishing on Cryptsy.

Full paper: http://www.reddcoin.com/papers/PoSV.pdf
FAQ: http://www.reddcoin.com/papers/PoSV_FAQ.pdf
Announcement: http://www.reddit.com/r/reddCoin/comments/249dnl/major_announcement_reddcoin_to_implement_new/
member
Activity: 119
Merit: 10
Yes it is. IPO coins are still being distributed, plus we're under constant multipool abuse (which is a good sign if you look at it from another perspective).

A 1 satoshi increase at such a low price means a 25% difference, so i has stagnated at 3-4 plus volume is very low.

IMHO the coin price is kept down on purpose... just look at the walls, some whale wants to profit big. Expect a pump sometime in the near future.

Yeah this sums it up pretty well. This coin excels in every criteria i can think of. Developers are active and honest proving themselves with successful projects (reddcoin broadcast, the IPCO). The infrastructure for the coin is amazing with ReddAPI proving a VERY secure,scalable, and easy to use API.
sr. member
Activity: 463
Merit: 250
Yes it is. IPO coins are still being distributed, plus we're under constant multipool abuse (which is a good sign if you look at it from another perspective).

A 1 satoshi increase at such a low price means a 25% difference, so i has stagnated at 3-4 plus volume is very low.

IMHO the coin price is kept down on purpose... just look at the walls, some whale wants to profit big. Expect a pump sometime in the near future.
member
Activity: 70
Merit: 10
Im mining this coin since long time ago. Im almost 10M coins. The community is growing, activity is on fire but coin hits 3 satoshis. Is that normal?
hero member
Activity: 673
Merit: 506
http://dutchpool.org:9443 P2Pool, 0% fee, located in The Netherlands  Grin
legendary
Activity: 3108
Merit: 1029
newbie
Activity: 25
Merit: 0
Folks have just updated https://rdd.suremine.com with the latest reddcoind, feel free to checkout if you are looking for a pool that won't fork and is running 0% fees :-)
full member
Activity: 159
Merit: 100
Help us get on MintPal, join our Reddcoin Broadcast with your social account!

http://www.reddcoin.com/broadcast/campaigns/add-reddcoin-to-mintpal/

Thanks

Reddcoin
newbie
Activity: 25
Merit: 0
Nearing 20k subscribers, make sure to drop by at www.reddit.com/r/reddcoin Smiley

How long do you think it will be before we hit 20K subscribers? the rate the community is growing I don't think it will be long
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
Nearing 20k subscribers, make sure to drop by at www.reddit.com/r/reddcoin Smiley
sr. member
Activity: 335
Merit: 250
Any chance this coin could get on Mintpal?  I think users are losing faith in Cryptsy.

Yes, we need to push this on mintpal.

Can always vote here:

https://www.mintpal.com/voting

5 votes an hour. Make it count!
sr. member
Activity: 266
Merit: 250
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newbie
Activity: 7
Merit: 0
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member
Activity: 95
Merit: 10
Any chance this coin could get on Mintpal?  I think users are losing faith in Cryptsy.
legendary
Activity: 1512
Merit: 1012
time to is buy now!

cheap coins can be found on cryptsy and IPCO is coming to an end

get ready folks!

When is IPCO ending? There's no more info about that on the new website
sr. member
Activity: 434
Merit: 250
time to is buy now!

cheap coins can be found on cryptsy and IPCO is coming to an end

get ready folks!
sr. member
Activity: 266
Merit: 250
POOL FOR REDDCOIN
STRATUM and VARDIFF
1% FEES To Keep The Pools Running
FULLY AUTOMATIC POOL
51 DAYS UPTIME
SING UP RELAX AND ANJOY WE DO THE REST FOR YOU
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