What is Reddcoin (RDD)? Social Currency !! Explained !!!

in #reddcoin6 years ago

Red coin is a decentralized digital currency that makes the process of sending and receiving money on social networks.

Fun and rewarding for everyone think of it as the social currency for the digital age. That enriches people's social lives and stays accessible to the billions of people around the world.

Connected by social media red coin achieves this by providing a unique platform. That allows people to seamlessly, send money on any social network to anyone in the world.

Which revolutionizes the payment industry by introducing instant money transfer with zero percent transaction fees to both senders and receivers anytime.

You read listen to or watch content on Twitter, Facebook, YouTube or any other social network. The red coin platform allows you to go beyond the favorite like or re-tweet buttons.

It allows you to tip money instantly with a simple click of a button to show more love and appreciation. The family friends or followers and to offer a new stream of income to content creators through micro donations.

Unlike Bitcoin that uses the process of mining to generate new coins. By consuming massive amounts of energy and computing power. Red coin uses a new environmentally friendly process called minting which levels the playing field by allowing anyone to participate in the minting process regardless of their technical abilities. Anyone can mint new red coins with a laptop tablet or mobile phone on the go red coin.

Also introduces a state-of-the-art social wallet that provides various social features to increase engagement among red coin users. The red coin protocol further rewards those who contribute to the security of the network by simply keeping their secure wallets connected online. Which act as full nodes on the decentralized global red coin network.

Since its inception in early 2014 red coin has already achieved the widest adoption on social networks across the world among all digital currencies. Anyone can join this revolution by downloading a wallet on redcoin.com and start sending receiving and minting new red coins today.

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