Coin Specifications Reden

Reden’s coin specification and drivers of demand and supply should lead to stable and steady volume and value growth.

Algorithm

X16S PoW with masternodes

Block Retargeting

Every block :: Dark Gravity Wave v3

PoW/Masternode

60% PoW :: 40% Masternode

Coins per block

50 initially. Currently 37.5

Block Time

120 seconds

Masternode collateral

5000 Reden

Halving

25% every 60K blocks

Supply

15,156,000 Max Supply off which 11,756,000 Reden are mineable through PoW/MN on the new chain, 400,000 Reden are for coin development, and 3,000,000 Reden are to swap old chain coins snapshotted by block 37,050.

90% supply

24 months

100% supply

5.7 years

De-Risking Alt-Coin

The community voted that Reden’s new purpose should be “De-Risking Alt-Coin”, providing services to making it harder for scammers and unprofessional teams to undermine the enormous opportunity alt-coins offer genuine development teams, and their investors.

What does this all mean?

the proposed services that will support this goal, they are:

  • Reputational services. Reden will develop community drive intelligence about and benchmarking of projects, under the banner of “Reden Reviews”
  • Escrow services. Reden can logically offer further escrow, for example of bitcoin listing proceeds, or non-token items such as source code repositories.
  • Project collateral services. Projects can deposit collateral in escrow with Reden and if the project folds, the collateral will be used to compensate coin holders.

WALLETS REDEN

The wallets are kept up to date on github releases.

For linux users that use snap we also have the Reden wallet released in the Snapcraft store That version of the wallet will be automatically updated from new releases.

REDEN ROADMAP ROADMAP

April 1st 2018

Eden Released.

April 2018

Regain control of the coin following iodev departure and agree with community on the new coin's purpose and specs.

April 2018

Launch new chain and swap old coins for new coins (21 April 22:00 UTC)

April 2018

Issue consultative whitepaper and roadmap.

May 2018

Secure a listing on a mid-market exchange selected by community!

June 2018

Begin “Reden Rating” using simple tools e.g. discord channels.

Q3 2018

Minimal viable product for the review platform.

Q3 2018

Partnerships with established projects that do reviews, to have them integrate with sytem

Q3 2018

Implement more robust community debate and voting system!

Q3 2018

Develop alt-coin best practice guidelines and rating system.

Q4 2018

Implement phase 1.0 (see product overview)

Q4 2018

Setup decent multisignature interface for use with project escrow services

Q4 2018

Shift marketing focus from reviews only to full protection service

Pools mining

Here is a list of REDEN mining pools. If you would like to add your pool please email us at help@reden.io.

OFFICIAL REDEN COMMUNITY MINING POOL

https://redencoin.org/
-o stratum+tcp://pool.redencoin.org:3669 -u walletaddress -p c=REDN

Reden.io Team REDEN

The Reden.io team was formed from the original EDEN community. Through perseverance and hard work we have built one of the strongest teams and communities. We are currently looking to add one or two more developers and marketing people to our team. Contact admin@reden.io for more information on these positions.

Filip Bunkens
CEO & spokesperson
Daniel Templeman
COO & CFO
Johnny Mo, PMP
COO & CTO
Daniele Bazzicalupo
Marketing & co-CFO
Daniel Smith
Marketing & Moderator
Xi Lu
Marketing and Eastern Liason
Tri Nguyen
Head Blockchain Developer
Nicholas Bertelsen
Advisor & Developer & Web Developer
Mark J Radacz
Mac & Mobile Developer
Greg Lavigne
Pool Manager & Developer
Jonathan Hawkins
Advisor & co-Web Developer
Reza Sedaaghi
Community manager

Reden News NEWS

Cryptobridge live

We are now way earlier than expected live on cryptobridge. A big thanks to those...

First dev bounty

Let’s do another small update on all that is going on in the background Dev...

[community vote]: Reden Team Remuneration

The Reden Project team has worked to turn the project around on a volunteer basis...

Contact REDEN CONTACT

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