Review on ReddCoin by Eve Vallenilla

At this point, there is no person in the world who is unaware of the existence of social networks. And it is that this digital medium has become so popular that the volume of followers is on the rise in a dizzying and unstoppable way.

With the arrival of blockchain technology, not only have social networks benefited in terms of infrastructure and breadth capacity to handle a large volume of users without affecting the performance of the platform, but it has also facilitated the insertion of cryptocurrency within the system. of social interaction.

In this sense, the Reddcoin cryptographic protocol serves as a reward system for managers of digital material on the social network, allowing recognition to be given to those who really contribute to the growth of the platform.

How do social media users benefit from Reddcoin?

Another of the valuable utilities of this digital currency is its use as a means of payment among followers of the social network, allowing the execution of transfers in a reliable way.

Users have the opportunity to value the contributors of the social platform through this value protocol, creating a fair reward system.

What contributions does the Reddcoin network infrastructure make to social platforms?

In this way, Reddcoin provides social networks with a reward mechanism with an easy interface and reliable security, thanks to the use of blockchain technology.

How is the issuance of Reddcoin coins achieved?

One of the curious facts about this digital currency is undoubtedly the way it is issued. As it is not generated by a common mining mechanism, instead multiple mining pools are used that produce alternative currencies of recognized value stability, which are later transformed into Reddcoin, better known by its acronym RDD.

RDD tokens are traded on a large volume of popular exchanges on the market.