Post
Topic
Board Announcements (Altcoins)
Re: [ANN][RDD] Reddcoin - The Social Currency! New algorithm Proof-of-Stake-Velocity
by
allcoinminer
on 10/06/2014, 15:11:56 UTC
Hi everyone,

Here is the latest update about PoSV from /u/Laudney, Reddcoin Lead Developer. We are really happy to let you know that PoSV development is ahead of schedule.

Quote
Dear Reddheads:
I'm glad to announce that phase 1/3 of internal testing has been successfully completed. The three main phases are:
1) full backward compatibility between the master and PoSV branches in terms of PoW mining and transaction + block data structures
2) checkpoint broadcast
3) minting/staking
After internal testing finishes, I'll start invitation-only beta testing followed by public beta. Stay tuned.
Regards
laudney

More info on Reddit:

http://www.reddit.com/r/reddCoin/comments/27l3t5/posv_internal_testing_phase_13_successfully/

Thanks

Reddcoin

You guys are really working great. Not seen any other coin like this.