Reddcoin is a social cryptocurrency
which promotes the usage of blockchain
technology and makes it people-friendly. This platform is integrated with major social networks, helping users to perform transactions and to give micro-donations to content creators. Reddcoin is designed for tipping purposes and it aims to replace the “like” button on social sites. It wants to create an easy method for thanking bloggers, vloggers or anybody who posts interesting content on sites like YouTube, Facebook, Instagram, etc. Reddcoin runs on an innovative algorithm (Proof of Stake Velocity), which makes mining process cheaper. It minimizes electricity consumption and requires less computing power.