Launched in 2014 as a fork of Litecoin, Reddcoin (RDD) is a decentralized cryptocurrency used to tip or send payments for social content. The Reddcoin API supports social platforms such as Reddit, Twitter, and Twitch. Accounts created on the Reddcoin wallet can be linked to Twitter, Twitch, and Reddit accounts. Upon downloading the ReddID browser extension, users can “like” content by entering the username and sending a micropayment. RDD is mined by the ReddID wallet through Proof-of-Stake-Velocity (PoSV), which incentivizes both ownership (stake) and activity (velocity).

레드코인은 사회 생활을 풍요롭게 해주며 일반인이 쉽게 사용할 수 있는 사회통화(social currency)입니다. 주요 SNS와 디지털 통화 플랫폼을 통합하여 가치의 전송을 원활하게 해주며 이 과정에 모든 주체를 즐겁고 보람있게 만들어 줌으로 이를 실현합니다.

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