ReddCoin is a peer to peer digital currency like most others, but more unique than most of the cryptocurrencies. ReddCoin was created to improve the lives of social media users and was created to be a means of funds and payment transfer via social media. RDD was developed to work on all social media platforms. With ReddCoin, people who run a business on their social media accounts can now transfer and receive funds using whichever social media they so desire. ReddCoin is known as a social coin, specifically designed to tie into existing social media platforms. There it could be used as a tipping system, gifts and a monetary way of showing appreciation for high-quality content.
As the currency is gaining more and more popularity, we must know about the best wallets where we can store ReddCoin securely.
ReddCoin Core Wallet(also known as Reddcoin-Qt-reference implementation of the Reddcoin protocol) is considered a "full wallet", which means that it downloads and stores the entire Reddcoin blockchain. Reddcoin-Qt is built on the Reddcoin wallet daemon and provides a nice GUI for easy use by the average Reddheads. In the wallet, you could find all your addresses to receive coins under the receive tab. You can also send coins from the sent tab and see every transaction in and out under the transactions tabs. You can even save addresses you commonly send to under the Addresses tab.
Link: Reddcoin core wallet
It is a ReddCoin online wallet that integrates new and innovative social features into the reference Reddcoin-Qt wallet, including Reddit and Twitter feeds and IRC chat. On the lefthand side of the social wallet, you can see many tabs with information and tools. The dashboard tells you your confirmed balance, the price of BTC/USD, RDD/BTC, RDD/LTC, and the approximate value of your Reddcoin in USD. The best part is that you also have the option to import/export a private key.
Link: ReddCoin Social Wallet
There is no registration needed and sending and receiving of Reddcoin is done via NFC, QR-codes or Reddcoin URLs.This is mainly for Android and IOS users. This ReddCoin Wallet app selects the right fee for you automatically, so the transactions won't get stuck. Additional fees are required if you send amounts smaller than 1 RDD. This is a small attempt to fight "Spam"-Transactions that would otherwise hurt the network. This is considered as one of the best ReddCoin wallets for Android.ReddCoin wallet ios version is going to be officially released very soon.
Link: ReddCoin Mobile Wallet
This desktop wallet is available for Windows, Linux, and Mac OS X. Reddcoin Electrum mobile wallets are being actively developed and they offer many significant benefits over traditional full-chain wallets, which makes people choose this wallet over others.
An RDD paper wallet is considered an extremely secure way to keep ReddCoins safe from cyber-attacks, malware, etc. A paper wallet involves "printing" and storing RDD in an offline mode. The data appearing on the wallet includes things like the public key (wallet address), that allows people to transfer money into the wallet, and the private key, which gives access to the fund expenditure. Hence, it is important for the users to know how to use ReddCoin wallet in this medium.
Link: Reddcoin Paper Wallet
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2018-08-07 08:33:44.161746 | 2 min