ReddCoin (RDD): In this moment, all are looking and talking about ReddCoin and Verge. Both of the crypto coins have risen suddenly high within 24 hours. According to their recent update, the RDD has partnered with a P2P platform of logistics, Local World Forwarders.
Based on the blockchain technology, it is the world’s first decentralized logistics platform. While in the meantime, it reached 400 million Market Cap at present in few hours from 80 million. After the announcement of their partnership with the LWF, it affects the value of the coin.
Not only the Bitcoin, the others cryptocurrencies like Digibyte, SiaCoin, ReddCoin, and ByteCoin are rocking now.
Considering the future plans, the value of this coin might become high. In the official social media page, it reads that “New developments coming soon.” They added few new people to their team like James Tweeg from Germany and Bradley “bmp02050” Ploof joined again who from the USA.
ReddCoin attributes: PoSv algorithm, transaction times, low fees, and social aspect.
- The Proof of Stake Velocity (PoSv) mechanism provide’s people to utilise their holdings to support the network in an easy and enjoyable process whilst being rewarded.
- Depending on the byte size of the transaction, it varies on the fee as little as 0 RDD to 0.002 RDD.
- Transaction time is between 2.03 to 2.58 Seconds.
- By using the Steam Community’s eco-system, Reddcoin could be used to gift/tip other users.
Disclaimer: This article should not be intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.