Social Wallet 1.1.0 Released

Hey all, this is predominantly a bug fix release with two new features. Hope this fixes some of those annoying issues you have been experiencing! If you need help setting up the wallet please see the original wallet release post. Download link: https://github.com/reddcoin-project/reddcoin/releases/tag/v1.3.1.1 (Same as before, binaries have been replaced) Here are the release notes: […]

[How-to] re-sync blockchain 3x faster

Dear fellow Reddheads: Hidden in wallet 1.3.1.0 is a feature called bootstrap. It allows a new Reddcoin client (not synced) to rapidly import the blockchain from a local file instead of slowly downloading it from peers on Internet. On my laptop it reduces the import time from 4.5 hours to 1.5 hours. You just need […]

[PoSV] block difficulty will reset when PoSV kicks in

Dear fellow Reddheads: Just a quick note. The block difficulty, starting from the first PoSV block, will be reset to 1 because its value during PoW phase has nothing to do with PoSV phase. Our difficulty-retargeting algorithm KGW requires at minimum 360 (= 1440 / 4) blocks for adjustment, which means we will see 360 […]

Reddcoin products and services coming in August and September

Dear fellow Reddheads: Mandatory upgrade to wallet 1.3.0.0 First thing first. If you are a mining pool, you should stay at 1.2.1.0 and for everyone else, you must upgrade to 1.3.0.0 now. For instructions, details and FAQs, read this post. About developers and expectation With PoSV about to start in about 48 hours, the Reddcoin […]

Reddcoin products and services coming in August and September

Dear fellow Reddheads: With PoSV kicking in just around the corner, first make sure you have upgraded to wallet 1.3.0.0 On 31st July I’m going to make an announcement about the several products and services that are expected to be delivered in August and September. The whole dev team all very much look forward to […]

[PoSV] adds almost zero extra size to blockchain

Dear Reddheads: Some people in the crypto community have been making the following incorrect statement for some time: PoSV will cause the blockchain size to explode. The huge number of transactions used or encouraged by PoSV will not only make the blockchain bloat but distort the total number of transactions. I’d like to put this […]

[PoSV] Official Release v1.3.0.0 Mandatory Upgrade

Dear fellow Reddheads: PoSV is now officially released. You can download the PoSV wallet v1.3.1.0 for Windows/Linux/Mac at this link. PoSV will start at block 260800 which is expected to be minted around 7pm UTC, 2nd August 2014. (Who will be the lucky one?) The total amount of RDD mined in PoW phase will be […]

[PoSV] Release Candidate 2, Chess and Future

Dear fellow Reddheads: In this post, I’m going to cover three topics: PoSV Release Candidate 2, a review of the current strategic position of Reddcoin and update on upcoming milestones. PoSV Release Candidate 2 PoSV RC2 binaries are now available for download here . This is for testnet only. You shouldn’t have to re-sync blockchain. […]

[PoSV] Release Candidate 2, General Review and Forward Looking

Dear fellow Reddheads: I’m going to announce the PoSV Release Candidate 2 by the end of tomorrow, which will provide several bug fixes and big enhancement. I’ll also take the opportunity to provide a detailed review of the current strategic position Reddcoin is in and general description of upcoming milestones for the remainder of the […]

[PoSV] Release Candidate 1 Binaries

Dear fellow Reddheads: PoSV Release Candidate 1 (RC1) is now available for download here. This is for testnet only. PoSV starts at block 29999, which allows everyone to CPU mine about 2 billion more RDD. If this is your first time participating in testing Download the binaries for Windows/Linux/Mac OS X Encrypt your wallet.dat, which […]