What is Reddcoin, which gained 400% to its investor by capturing tremendous momentum in 3 days and what does it serve? At a glance Reddcoin.
One of the favorite crypto currencies of recent days is Reddcoin. Especially McAfee's personal Twitter account for the recommendation over the incredible momentum has caught. A Reddcoin, which traded at $ 0.005 three days ago, rose nearly 400% to $ 0.022. What is Reddcoin, what does it serve, and how is the future potential?
Reddcoin is a type of crypto-money that is set up for use on social media platforms such as Facebook, Twitter, Youtube and Twitch, and does not have a central system.
The main purpose is to facilitate the acceptance of money taking in social networks, to speed up and still bring effective.
If you like a share on Facebook (with a 0% transaction fee) you can tip Reddcoin to the lucky user who owns the share.
This encourages people to create good content for social media platforms.
Future potential
I think so - I'm not entirely sure of this - Reddcoin is the only crypto-currency targeting direct social media platforms. This means that Reddcoin does not have to be in competition and that is an advantage for them. Facebook has 2 billion active users per month, Youtube has 1 billion and Twitter has hundreds of millions of users.
If Reddcoin; If you get a chance to be successful on platforms like Facebook, Twitter and YouTube, you can go to the top 10 crypto-money lists.
Reddcoin differs from crypto-paranoids like Bitcoin, which uses PoW instead of Proof of Stake (PoS) to distribute coins throughout the network. In PoS, coins are stakeholders. Anyone with Reddcoin can easily install Reddcoin wallets from PCs, mobile phones or tablets. As long as your wallet is connected to the Reddcoin network and includes Reddcoin, you will be able to receive Reddcoin awards so that you will be stakeholders at some intervals. As coins and coins held in the wall increase, you will have more frequent betting prizes.
Reddcoin does not have a plan to deal with specific social media platforms like Facebook. Instead, developers have developed a Google Chrome extension that allows Reddcoin to provide shortcuts to Twitter, Reddit, and Twitch.
The Reddcoin team explains why they do not deal with social media platforms as a way to depend on something.
How to get reddcoin?
You can buy Reddcoin through stock exchanges such as Bittrex, Cryptopia and YoBit. More than 90 percent of this coin's volume is returned in Bittrex. That's why it might be more convenient to buy and sell over Bittrex.)