RATE Group | Reddcoin (RDD) Nears PoSV v2 Activation, Clearing Way for Explosive Developments
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Reddcoin (RDD) Nears PoSV v2 Activation, Clearing Way for Explosive Developments

Reddcoin (RDD) Nears PoSV v2 Activation, Clearing Way for Explosive Developments

Albuquerque, NM – May 29, 2020 – Feisty underdog and first generation cryptocurrency Reddcoin (RDD) launched the PoSV v2 consensus algorithm activation process on Christmas Eve 2019 enhancing all facets of support of the native lightning-quick blockchain to a self-funding independent model. That work has culminated in recent days and will be activating shortly, marking a transition for the never-say-die Reddcoin (RDD) development team and the project as a whole.

Reddcoin is a uniquely community-driven and user-focused decentralized cryptocurrency established in 2014 and running seamlessly for six years. A member of the BITA50 and ALT100 crypto-indices, and a “Top 100” project with a market cap of approximately 40MM US, Reddcoin is also an all-volunteer and self-funded organization.

Unlike most in the blockchain space, having never experienced a significant security incident or hack is six years of operation, due to the nature of Reddcoin’s unique proof-of-stake-velocity…

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