State of the Redd-Nation :: May 9, 2016

Reddcoin Weekly Development Update

Welcome again Reddheads to another weekly update of Reddcoin Development.

It is good to be back on track with development.

So this last week, I have spent quite a bit of time looking at how to bring over previously translated files of Bitcoin to Reddcoin. In this way hopefully saving everyone a lot of time and reducing duplication.

Also on my agenda this last, was handling the switch-over to v4 blocks.

We are getting into the final stages for this wallet released

Going into this week, I am starting to compile contact details for the various exchanges and utilities using Reddcoin wallets.


As I address various parts of the v2 build, translations are now at the front of my activities. I would like to get a significant amount of this complete before the first public release of the wallet is made. The devs for Bitcoin v0.9 had completed about 22 different languages at 100% complete and various others at less levels of completion

As you could imagine, this would be of great advantage to Reddcoin

So as a part of my work this week, I managed to take the Chinese translation from 50% to 98% complete. And most of this was done by transposing the Bitcoin translations to Reddcoin. This was a somewhat slow process as I completed it by hand (with the help of gedit, transiflex, and QT Linguist). Hopefully I can script some of this to make it a little bit less tedious.

If I have any Chinese readers, I would like your opinion on placing the translation of Reddcoin into the wallet. Currently translation being used on local Chinese Exchanges for Reddcoin is 瑞迪币 (English Translation: Reddy credits). For us english speakers, Bitcoin translates 比特币

Reddcoin does have some specific differences in the language files to do with the customisations specific to our wallet and functions around staking.

Again, I would like to show support the countries who have the most nodes currently online:

  • French (100% completed
  • Chinese (99% completed)
  • Russian (84% completed)
  • Romanian (82% completed)
  • Dutch (82% completed)
  • Portuguese (56% completed)
  • Ukrainian (44% completed)
  • German (42% completed)
  • Spanish (40% completed)
  • Tagalog (7% completed)
  • Hindi (0% completed)

My focus will be on completing these first for the release.

Chinese Exchanges

Trading on the new exchanges Gobiw and BTC023 has been progressing along, although the trading volume in not in the league of Poloniex or Bittrex. I am looking forward in the coming weeks that we can see the trade volume increase as Chinese traders find these new sources.

I am in contact with both the exchange teams and there have been no reported issues since trading was enabled.

During this last week, I spent some time researching Reddcoin in the Chinese market, and the results were interesting. I was surprised to see that on one of the larger Chinese exchanges BTC38 have a page dedicated to Reddcoin. The information is outdated, but at least relevant

In order to get listed on BTC38, we are currently sitting at number 24 on the list and have quite a bit of effort to achieve the result.


We are getting close for a public release.

A couple of things still need to tested in regards to block versions as this wallet will bring the block version up to v4 (DER signatures). So we need to make sure everything is operating 100%

Testnet is running with a mixture of wallet versions that will be tested against

The switch over logic will use the same supermajority logic as in Bitcoin v0.9. We will be considering that once 85% of the blocks staked are v4, then the switch will be made to reject earlier blocks.

I have been operating a couple of nodes now with the new wallet on mainnet, and everything is operating as it should.

If you have any questions on this, please let me know.

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

There is still plenty to do with the final stages of releasing the wallet. Most of it is now mundane release notes and documentation. The tedious but none the less important component paired with the technical side. And reaching out to as many contacts as possible so that they can prepare wallet upgraded

So where ever you are, enjoy your week ahead

Keep on staking!

Thanks for the effort(s)!

good news:

We are getting into the final stages for this wallet released
I have been operating a couple of nodes now with the new wallet on mainnet, and everything is operating as it should.

In order to get listed on BTC38, we are currently sitting at number 24 on the list and have quite a bit of effort to achieve the result.

11 votes more and it’d be position #23

Спасибо за информацию. На сайте в списке валют-кандидатов, при нажатии на РДД попадаешь на старый сайт

Good job, thanks for your efforts and update.
I am sure that, Reddcoin will be one of the best coins…

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Serkan34 that is my goal

I have been getting some good feedback from beta testers, and have a few items to roll back into the code.
I am looking forward to the release date

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Russian Translation now at 97%
Needs a little clean up

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I can do greek 100% in a small amount of time for a bounty guys. My profile is this one I will only accept rdd and btc since this will be my first rdd

I’ll get Started with Hindi soon

It’s great to be back was busy with Studies

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добрый вечер сообщество Reddcoin я последний месяц анализировал Reddcoin и вижу большие движение на биржах все больше людей начинают верить в эту валюту это хорошо я немного прикинул на счет его роста т. к. курс валюты зависит от общество и её спроса многие облачные манинга добавляют в свою структуру от сюда можно прикинуть чем больше людей манят Reddcoin тем больше компаний будут скупать их на бирже и он будет расти можно сделать не большой счет если будут манить примерно 1000000 людей по 1000 в день то цена на Reddcoin увеличиться в день на 10 пунктов верх так как компании будут скупать их сами . Это моя точка зрение а вы как думаете

Hi, just wanted to share I completed the Dutch translation the day before yesterday!

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Excellent elcryptotrader
I have also just completed Chinese translation to 99% (Need help with the last 4 translations as there is no Bitcoin equivalent)

I will make another pull and test it out

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werdff Капитализация Редкоин, на данный момент, падает. Это значит, что монету больше продают, чем покупают. Если верить сайту, то Редкоин находится на 24 месте, среди представленных там криптовалют, а их там очень много. На первом месте Биткоин, на втором Эфириум. Если судить по тем критериям, которые даны на этом сайте, то Редкоин за две недели потерял капитализацию примерно на 300 тысяч долларов США и опустился с 17 места на 24 в их списке. По моим наблюдениям, на биржах упал оборот по Редкоину больше чем в 2 раза. А это плохой сигнал для монеты. У майнинговых центров и у бирж нет стимулов для продвижении монеты. Она не может обратить на себя внимание большинства, а значит теряет даже те позиции, которые на данный момент приобрела. Может потом что то изменится, у всех бывают взлёты и падения, но на данный момент по капитализации и суточным оборотом продаж на биржах имеется понижательная тенденция.

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No problem Gnasher it was actually quite fun to do! It took me some time to get it right, but I love the idea of helping Reddcoin a bit further. If you need anything else, please let me know.


elcryptotrader sure thing.
It is nice having a little bit of help to push things forward, And it is this sort of thing that help us all in the long run.

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К сожалению, ни чем не могу помочь. Но всем желаю удачи и терпения. Как говорят на востоке, если на пути к твоей цели нет проблем, то создай их себе сам. Всё будет хорошо у Редкоина!