Reddcoin Bi-Weekly Development Update

  • Welcome again Reddheads to the bi-weekly update of Reddcoin Development.

    Things are getting damn hectic around the office lately, with lots of activity going on in all facets of this project.

    Notably, there has certainly been a lot more people approaching, asking directly what is going on with the project. It is really starting to gain some well deserved attention again since the launch of the new Reddcoin Core wallet.

    If you didn’t catch the article a few weeks ago when it was first published, I did a Reddheads interview with @reddibrek.

    There will be another interview published next week around the 27th - 28th.

    And speaking of next week…

    Reddcoin 2016-2017 Roadmap:

    I promised you earlier that the release of the roadmap would be at the end of this month.

    So keep a lookout on Sept 30.

    The document has been going through lots of refinement and fine tuning. And at each pass, it excites me as to the future of Reddcoin. Committing these thoughts and ideas to paper continue to strengthen the direction that we foresee for the micro-donation platform.

    The vision of what Reddcoin wants to deliver is very solid.

    One of the important aspects of this project you should be aware is NOT being restrictive on your choice of social network.

    We want you to continue to use the platform of your choice. And while you are busy socialising with your friends, and rewarding good content, Reddcoin will be the decentralised micro-donation mechanism that allows YOU to remain in control of your funds at all times.

    BIP66 progress

    Now that the Reddcoin Core wallet has been released, and with a healthy vision for the future, we are looking forward to progressing on many fronts.

    It has now been just over 6 weeks since the release of the v2.0 wallet and we have already reached the following milestones.

    1. v2.0 wallet is now at 55% and the majority client according to bitinfocharts
    2. v4 blocks are at 75% (BIP66 activation)

    This is a timely reminder for you, if you are staking, and you are on old clients, once the network reached 85% your blocks will not be valid and you will lose your stake reward.

    Developers Wanted:

    Since putting a call out to the community, we are starting to see some interest again in helping at the core level.

    Our task ahead is ambitious and exciting, we are always on the look-out for new developers, If you have an interested in c++, js or python drop me a line; I have some interesting projects that need attention.

    Development Fund-Raising:

    Thank you again to everyone who has made some contribution to the Reddcoin fund-raising. Your generosity is truly welcomed.

    With the funds raised, the goal is to remain quite transparent as to when the funds are used.

    Presently, we have them online and staking so as to help build up a healthy backing. Ultimately, the goal is to become self funding where stake rewards are covering the costs for each of the purposes.

    Your donations and support help to drive Reddcoin’s future success!!

    The collected funds, and the staking rewards are be used to cover various operational expenses (hosting services, email ,etc), advertising, supporting developers, and special promotions.

    Donation Addresses



    Development Fund


    Administration Fund


    Operations Fund



    • The Development Fund will help support the development team
    • The Administration Fund will help support the ongoing admin costs
    • The Operations Fund will help support the network infrastructure

    International Community Expanding

    Just a reminder to our international friends that there are new communities popping up.

    If you would like some help in getting going and have a desire for writing or blogging, let me know and I will give your site some promotion.

    If you are interested in creating localised news and content for Reddcoin, I am interested to hear from you.

    Getting involved

    We are a global community, and cross many borders but boundaries do not need to hinder us.

    The crypto currency world has not reached its tipping point yet, but when it does, it is sure to escalate at an amazing rate. There are going to be many ups and downs, and an interesting ride for sure.

    If you would like to get involved and dont know where to start, reach out and we will see where you can jump in @Deadpool has a great Trello site going with activities that need looking at.

    In Closing

    Thank you for your patience.
    I know in this arena things projects move fast, but I am confident that we now have a platform to move forward.
    There are lots of exciting projects out there, but none quite touch on the ideas I have in mind.

    As always, there is still plenty to do, and there is no time for resting.

    So where ever you are, enjoy your week ahead

    Keep on staking!


    (John Nash)