Post
Topic
Board Speculation (Altcoins)
Re: ReddCoin - is it a good investment? ReddCoin VS Verge?
by
Walkmooner
on 28/06/2017, 22:11:56 UTC
Reddcoin and verge are completely different. Why would you compare them? Verge is an anonymous coin, reddcoin is a tip coin for reddit. Reddcoin failed last year, and was recently revived, the developers are working on it but don't see it going anywhere near a dollar. You will be lucky to sell it for 160 sats again. Verge has some unique tech on their roadmap, developing new things for their coin in the coming months, it won't ever be a dollar either, but possibly 1000 sats.

You can’t have done much research into Reddcoin because it has absolutely nothing to do with Reddit despite the double d.

Reddcoin is to be used as a social currency for existing social networks, blog sites etc. The idea is that it doesn't need to partner or integrate with anyone or anything. It's an independent decentralised layer.

Redd-ID, to be released in Q3 of this year, is offering something that no other coin is. It allows you to use a handle-name instead of a complicated address (which is hidden) to send and receive coins quickly and easily. You will be able to tip anyone anywhere with a Redd-ID account. It doesn't have to be just social media - waiters, cam-girls, reality stars, charities…

So, do we use lots of different tipping coins each locked into a social network or just use Reddcoin and Redd-ID for everything? Hmm tough choice.