Reddcoin makes digital currency easy for the general public. By integrating a digital currency platform seamlessly with major social networks, sending and receiving tips and micro-transactions are cheap, fast and rewarding for everyone.
Today, there is one option for earning passive income for holders of the token RDD. To stake RDD coins it is recommended to run the ReddCoin Core wallet with an entire copy of the blockchain on your Computer or a Virtual Private Server (VPS). To get the highest possible rewards, please make sure to stay online 24/7 and keep the wallet unlocked for staking only.
Reddcoin has fixed inflationary rewards for stakers. Only the inflation is depending on the Total Staked.
Every block one staker is randomly selected whereas 1 staked coin counts as one “lottery ticket”. The selected staker has the right to create a new block and broadcast it to the network. He then receives the dynamic block reward and the fees of all transactions successfully included in this block.
Staking Reddcoin is safe as long you protect your private keys.