Review on ReddCoin by Supertuck Cyclist
About Reddcoin
Today I will tell you about Reddcoin, which is trying to integrate with the world's largest social networks. Reddcoin is designed to make online micropayments quick and easy. In this way, tipping people for their content will become “quick, easy and rewarding for all”.
I would like to say that Reddcoin prides itself on block time (the rate at which new blocks are added to the blockchain). It is ten times faster than Bitcoin. That's why transactions take place in 60 seconds. In the Bitcoin network, this time is ten minutes.
But I would also like to say that it is difficult to like the project when looking at Reddcoin's marketing, roadmap, team and main idea. Built for micropayments and tips. Who would want to have more than a few dollars to tip YouTubers or cryptocurrency writers, even if they are collectively accepted?
I see the active development of Reddcoin as slow. Even if it is only used for internet tips, the real determining factor in its value will be the partnerships it has built. Facebook, YouTube, Spotify etc. the right partnerships can make the project successful. However, this does not mean that the price will increase automatically.
Pros
- Tipping Bot
Cons
- Small team
