What is ReddCoin

Reddcoin is a platform aimed at social media. RDD makes it possible to give tips to other users on Facebook, Twitter, Instagram or YouTube, for instance. Reddcoin achieves this by seamlessly integrating a digital currency platform with all major social networks. This means Reddcoin makes it fun and rewarding to send and receive funds. The platform uses ‘Proof of Stake Velocity’ (PoSV) to validate transactions. PoSV ensures that users who make Reddcoins in their wallet available earn a percentage of the holdings. This is comparable with Proof-of-Stake. Proof-of-Velocity means that the percentage depends on the activity of the coins. The shorter the RDD in the wallet, the higher the percentage that stakeholders earn. And that results in faster Reddcoin circulation. You can purchase Reddcoin securely and reliably at LiteBit and then manage it in the multifunctional LiteBit Wallet.