thebeard.be (OP)
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April 21, 2018, 01:16:13 AM Last edit: May 20, 2018, 09:44:03 PM by thebeard.be |
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LAUNCH ON 21 APRIL, 22:00 UTCReden (REDN)
◆ Algorithm: X16S ◆ Block time: 120 seconds ◆ Block Reward: 50 Reden 60% PoW :: 40% Masternode ◆ Max supply: 14 mln ◆ Halving: 25% every 60K blocks ◆ 90% supply: 24months ◆100% supply: 5.7 years ◆ Masternode collateral: Required 5000 Reden
Premine: 400,000 REDEN + 3,000,000 REDEN for 1:1 swap of EDEN. First 800 blocks are 0 reward in the interest of fairness.
IntroductionOn 1 April 2018 developer “iodev” launched Eden, and over four days sold an estimated 90 masternodes before disappearing. He deleted the discord channel and would have succeeded in deleting the github code repository had it not been for the speedy action of several community members. Within minutes @AT-sONk had opened a new discord channel, most of the community found its way there within the next few hours, and over the next days recruited more volunteers to save the project, with the goal from the outset to establish a community driven re-purpose for the project. What in the world is REDEN?REDEN is a direct continuation of the coin once known as EDEN. On April 4, the developer of EDEN, iodev, ran off with almost 16 bitcoins (around $128,000) worth of investment money that was to be used for exchanges, listings, and developments. Today, the community's response to this terrible incident is the birth of a new coin: REDEN. How will REDEN help stop scams from occuring? 1. New and current Altcoins will have the opportunity to list on the reden.io website with any amount of collateral in REDEN. There will be no maximum or minimum. 2. On reden.io, anyone can publicly view the collateral offered by the developer. 3. It is then up to the investor whether he wants to invest. Should the dev run away with the investor's money, scam victims may exchange their coins for a portion the REDEN collateral. [A process will be established to verify bona fide claims and distribute the REDEN collateral.] REDEN will be the altcoin that ends developer scamming: a) Investors will have the opportunity to view publicly offered collateral B) REDEN will also create a platform for the community to monitor projects for suspicious activity, and share and implement best practices for good projects. We have made a start on this with our #scam-watch and #scam-stories discord channels. i) #scam-watch: help advise investors of possible scams ii) #scam-stories: scam victims may publicly post their scam stories, whether it be by a developer or Discord user, and post donation addresses for community members to help. Another value of REDEN is its active and dedicated community: polls are posted every step of the way and community members are allowed to vote and decide the future of REDEN at each step of the roadmap. High level product diagramWhitepaperDownload v0.3 RoadmapRoadmap on the website Wallets Win and linux walletMac wallet coming LinksDiscordWebsiteExplorerSocial MediaIn order of use... DiscordGithubTwitterTelegramFacebook GroupFacebook Page
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sonk83
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April 21, 2018, 01:16:42 AM |
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https://i.gyazo.com/757c130c6682584c21918ba923d37fd3.pngLAUNCH ON 22 APRIL, 22:00 UTCRedencoin (REDN)◆ Algorithm: X16S ◆ Block time: 120 seconds ◆ Block Reward: 50 Reden 60% PoW :: 40% Masternode ◆ Max supply: 14 mln ◆ Halving: 25% every 60K blocks ◆ 90% supply: 24months ◆100% supply: 5.7 years ◆ Masternode collateral: Required 5000 Reden
Premine: 400,000 REDEN + 3,000,000 REDEN for 1:1 swap of EDEN. First 800 blocks are 0 reward in the interest of fairness.
IntroductionOn 1 April 2018 developer “iodev” launched Eden, and over four days sold an estimated 90 masternodes before disappearing. He deleted the discord channel and would have succeeded in deleting the github code repository had it not been for the speedy action of several community members. Within minutes @AT-sONk had opened a new discord channel, most of the community found its way there within the next few hours, and over the next days recruited more volunteers to save the project, with the goal from the outset to establish a community driven re-purpose for the project. https://i.gyazo.com/1e5aa2485b0c4ea45dee0816ccf69a5d.pngWhat in the world is REDEN?REDEN is a direct continuation of the coin once known as EDEN. On April 4, the developer of EDEN, iodev, ran off with almost 16 bitcoins (around $128,000) worth of investment money that was to be used for exchanges, listings, and developments. Today, the community's response to this terrible incident is the birth of a new coin: REDEN. How will REDEN help stop scams from occuring? 1. New and current Altcoins will have the opportunity to list on the reden.io website with any amount of collateral in REDEN. There will be no maximum or minimum. 2. On reden.io, anyone can publicly view the collateral offered by the developer. 3. It is then up to the investor whether he wants to invest. Should the dev run away with the investor's money, scam victims may exchange their coins for a portion the REDEN collateral. [A process will be established to verify bona fide claims and distribute the REDEN collateral.] REDEN will be the altcoin that ends developer scamming: a) Investors will have the opportunity to view publicly offered collateral B) REDEN will also create a platform for the community to monitor projects for suspicious activity, and share and implement best practices for good projects. We have made a start on this with our #scam-watch and #scam-stories discord channels. i) #scam-watch: help advise investors of possible scams ii) #scam-stories: scam victims may publicly post their scam stories, whether it be by a developer or Discord user, and post donation addresses for community members to help. Another value of REDEN is its active and dedicated community: polls are posted every step of the way and community members are allowed to vote and decide the future of REDEN at each step of the roadmap. https://i.gyazo.com/1e5aa2485b0c4ea45dee0816ccf69a5d.pngWhitepaperWhitepaper is in the works and a draft should be ready by launch tomorrow RoadmapRoadmap is in the works and a draft should be ready by launch tomorrow WalletsWill be added here at launch LinksDiscordWebsiteExplorerSocial MediaIn order of use... DiscordGithub - coming at releaseTwitterTelegramFacebook GroupFacebook Page
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Rion
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April 21, 2018, 01:17:00 AM Last edit: April 22, 2018, 12:36:35 AM by Rion |
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Holding: Bitcoin | Ethereum | Ark
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LastJedi
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April 21, 2018, 01:20:18 AM |
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Well... It was bound to happen with all the scams going around with the introduction of all these coins popping out of nowhere and running the process using all this ico nonsense to pour fuel on the fire. An anti scam coin is a good sign of the times we all live in for the time being with in the crytosphere. Isn't there already a REDEN coin?
No... You are thinking of redd coin. I've seen them on twitter and thought it was them to. https://coinmarketcap.com/currencies/reddcoin/
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erstweal
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April 21, 2018, 01:26:38 AM Last edit: May 10, 2018, 08:58:04 PM by erstweal |
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A community mining pool is now available for RedenThe 1% fee goes towards development and marketing efforts This is also meant to provide a stable environment and distribution of hash among several locations
- Stratum : pool.redencoin.org:3669
- User : <wallet_address>
- Password : c=REDN
- Website : http://redencoin.org/
- Fee : 1 %
- Nvidia : ccminer -a x16s -o stratum+tcp://pool.redencoin.org:3669 -u <wallet_address> -p c=REDN
To name workers or set difficulty, enter in the password area -p worker,d=1048,c=REDN
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QueenFlorence
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April 21, 2018, 01:36:14 AM |
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platedscrap
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April 21, 2018, 01:50:21 AM |
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is their a cut off block height for the swap?
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ukkey3
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April 21, 2018, 02:19:01 AM Last edit: May 05, 2018, 01:26:22 AM by ukkey3 |
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Pool Of Ukkey3 - MultiAlgo Pool - Mining Command -a x16s -o stratum+tcp://pool.ukkey3.space:3663 -u <WALLETADDRESS> -p c=REDN
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thebeard.be (OP)
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April 21, 2018, 02:28:22 AM |
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is their a cut off block height for the swap?
Yes the old chain will be snapshotted at block 37 050
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alttankcanada
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April 21, 2018, 02:41:11 AM |
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Supporting REDEN since day 1! FAST 1GB/s NETWORK Host: alttank.ca Algo: x16s Port: 4648 User: Your wallet address Password: c=REDEN Fee: 0.5% Payout: Every 2 hours -a x16s-o stratum+tcp://alttank.ca:4648 -u ADDRESS.WORKER -p c=REDEN
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redsun17
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April 21, 2018, 02:46:51 AM |
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Exciting, I keep hoping for a REAL x16s masternode coin (too many scams). This one is hopefully a legit one because it is a community coming together after a scam. Look forward to mining.
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crazypool
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April 21, 2018, 02:51:17 AM |
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AMinerInfo
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April 21, 2018, 03:13:04 AM |
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Reserved
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redsun17
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April 21, 2018, 03:35:39 AM |
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I think, if it helps: the reason some people ALREADY see REDEN is because the old chain on which the dev ran away was already renamed to REDEN. But that was just the old chain becoming temporarily supported until swap. Now a new chain is starting (with a swap) and this one will OFFICIALLY be called REDEN.
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Blazepool
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April 21, 2018, 04:13:53 AM |
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Reserve
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heroxk
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April 21, 2018, 05:59:10 AM |
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no source released, premino by suspected scam, and look at the block explorer http://explorer.reden.io/ there are already 16GH / s in mining. Stay away. That's the old Eden chain which the existing community is mining on and it's gonna cease its life by this weekend. The new chain will be released and avail afterwards, starting from Block 0 with all the specs mentioned.
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nguyenhuylai
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April 21, 2018, 06:29:04 AM |
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wallet and pool ??
Waiting
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MBible
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April 21, 2018, 07:41:08 AM |
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very good news. good luck!!!
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MBible
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April 21, 2018, 07:50:58 AM |
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In chat, telegram and discord are trying to cheat by selling EDEN. DO NOT BUY THIS SCAM COIN.
Have you read the ANN? There will be a swap of 3.000.000 EDEN @ 1:1 for REDEN when block 37.000 will be hit. In a few hours probably (it is at 36346 atm of posting this reply). So, fo the God's sake, read documentation first and then yell!
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dkbit98
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Cashback 15%
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April 21, 2018, 08:20:38 AM |
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NO NEED FOR HUGE RED LETTERS.... Mister D..... PS And check out Trading channel
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