State of the Redd-Nation :: August 08, 2016

Reddcoin Weekly Development Update

Welcome again Reddheads to another weekly update of Reddcoin Development.

This month of August will usher in a new era for Reddcoin and its future development.

After 9 months of work, and with the help of volunteers for testing and translations, and with some work provided by the original developers, I am pleased to announce that the new Reddcoin wallet v2.0 is ready to go live onto the main blockchain.

If you are not aware, with this release we have taken a fork from Bitcoin (rather than Litecoin as originally). Using this as a base, it will pave the way for easier feature implementation from the upstream Bitcoin core software that launched most other coins.

Thank you everyone for your patience while this work has been undertaken.
And thank you for everyone who took the time to get involved.
Over the coming months, the goal will be to introduce more upstream updates into the Reddcoin Core to further improve the Reddcoin network…

Here is the current status of what else is happening:

  • All work for v2.0 wallet is finalised.
  • Continue testing of block chain synchronisation on different platforms.
  • Creating an updated official bootstrap.dat and testing.
  • Release notes and other documentation updates.
  • Continue investigating the performance and behaviour of PoSV.
  • Investigate PoSV2 and improving network node support
  • Continue development of ReddID

New v2.0 Wallet is now ready

I have been saying it for a while now, but I am pleased to announce to you that the new wallet is now ready. I have completed putting the finishing touches and tidying the repository to a point where I feel it is ready for mainstream adoption.

Release Date: 13th August 2016 AEST (Australian Eastern Standard Time)

Notable changes

  • Code-base switched to Bitcoin
  • New utility applications
  • Faster blockchain synchronization
  • Strict signature encoding (BIP66)
  • Staking v4 blocks
  • OP_Return 80byte data transactions
  • RPC access changes
  • Stakeminer will wait for both the blockchain and network on non encrypted wallets
  • QT includes network bandwidth and connected peer details
  • New DNS Seeds added

Reddcoin v2.0 will be provided as both downloadable binaries and also compile from source

  • 32bit Linux binaries
  • 64bit Linux binaries
  • 32bit binaries
  • 64bit Windows binaries
  • 64bit OSx binary
  • Updated bootstrap.dat

In the meantime, in preparation of this public release of the new wallet, I am continuing to contact and engage with the various major exchanges and 3rd party services to advise them that we will have an updated wallet in the near future.

Developers wanted

If your interested in c++, js or python drop me a line, I have some interesting projects that need attention.

Getting involved

We are a global community, and cross many borders but boundaries do not need to hinder us.

The crypto currency world has not reached its tipping point yet, but when it does, it is sure to escalate at an amazing rate. There are going to be many ups and downs, and an interesting ride for sure.

If you would like to get involved and dont know where to start, reach out and we will see where you can jump in Deadpool has a great Trello site going with activities that need looking at.

In Closing

Thank you for your patience.
I know in this arena things projects move fast, but I am confident that we now have a platform to move forward.
There are lots of exciting projects out there, but none quite touch on the ideas I have in mind.

As always, there is still plenty to do, and there is no time for resting.

So where ever you are, enjoy your week ahead

Keep on staking!

(John Nash)

Gnasher just send a 100k RDD tip, thank you so much for your efforts, I cant wait :smiley:

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Thanks Redd
This is the first step that is needed for this project.

The next step is already well under way

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One of the best news of today.

Thanks Gnasher et al.

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Awesome! :slight_smile:

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This is great news :slight_smile:
Thanks for all your efforts.

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congrats john. hope it will work :slight_smile:

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I would like toi know how i can get involvwed to help reddcoin grow, equal to ltc, ether or btc.

Reddcoinnoob thanks for the offer.
What interests or skills do you have?

There is no shortage of activities to get involved in with Reddcoin.
It could be as simple as helping to spread the word, through to coding.
Graphic design, product testing, brainstorming and ideas…

DeadPool is running a Trello site with a bunch of currently identified activities

Gnasher, my interest is online marketing, and buisness. I will be making my own buisness, and will be accepting crypto currencies as payment for certain buisness i may open in the near future.

Reddcoinnoob in that case, I am sure that we can work together to help collaborate and promote

Awsome. currently i am mining dogecoins, but I am exchanging them for reddcoins. I plan eventually to be a local/global seller when i have better mining equipement to grow my stacking potential. rigth now, i am trying a asic miner s1, but plan to get a s7, but what i wish to know is, how does the price raise? and of course i do not want to cause a pump and dump, but for reddcoin to steadely grow. hopefully to the 1$ m,ark. I do have a few good ideas that I have seen elsewhere to help gain public interest besides sales, buisness, ect. like, we the redcojn community can sponsor somthing, that the world knows about, and are interessed in. or, raise funds to help a cause?

So, one of the use cases when the 2.0.x drops is:

upgrade from to 2.0

How long will this upgrade take ?
I assume the existing blockchain needs to be converted then by v2.0.

Other things the v2.0 wallet will try on data of the then-old v1.4.x ?

Great work. A bright light for REDDCOIN

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Boom! Great work Gnasher

Gnasher Hello, I have a bit of experience with Python and am at a stage that I can get most things to work. I have however never had any experience with integrating any form of cryptocurrency into my programs. I am happy to be of service in any way that I can :).

Thanks EagleEye7777777
PM’d you

подскажите почему бумажник 2. 0 пишет что не майнеться так как нет зрелых монет а на бумажнеки у меня 37000 Reddcoin

werdff said in State of the Redd-Nation :: August 08, 2016:

подскажите почему бумажник 2. 0 пишет что не майнеться так как нет зрелых монет а на бумажнеки у меня 37000 Reddcoin

Usually if you have that message, it means that the age of the coins is less than 8hrs