Red Pill coin is a new crypto currency, based on the blockbuster Efirium. It is compatible with most wallets and does not have a central authority to control the network, which will allow anonymous use of funds. Red Pill coin - more than just a crypto currency. This is a community of people who seek to gain complete control over their finances. Therefore, the developers position the coin as a form of currency not only for its network, but also for the world community as a whole.
Advantages of using blocking technology
The main advantages are as follows:
• Invariability. This means that the entries in the block chain can not be changed or deleted. With the growth of the blockbuster Efirium this property will only increase.
• Secure encryption. Conducting a transaction on the network is costless without involving supervisory bodies that require user identification. This reduces the risks and commissions.
• Anonymity. Financial transactions in the system are anonymous, which reduces the possibility of theft of confidential information.
• Improved security. Since there is no single point of network failure, the network is securely protected from hackers.
Development of technology blockade
Block is the basic implementation of the distributed registry concept. Efirium made a significant contribution to further development through the introduction of smart contracts, significantly improving the functionality of the network. In addition to conducting a transaction, they allow you to automatically perform a contract between the participants.
Based on current trends, most of the new technologies will be based on the block, or its derivative protocols. Governments and large companies are already investing in developing solutions that promote a wider and more effective use of this technology.
Red Pill is not just a new crypto currency, it is a community philosophy in which users have full control and autonomy over their assets. That is, they can freely and anonymously use money. This idea goes through the red line through the architecture and basic functions of Red Pill, which makes it a convenient crypto currency.
Growth schedules of the blockhouse industry until 2021.
Blocking is an investment in the future, as crypto-currencies are not subject to inflation (for example, as the US dollar).
Architecture
Red Pill is based on the blockbuster Efirium, and its work is regulated by smart contracts. This provides reliable functionality and protection from cyberattacks. Transactions in the form of intellectual contracts are checked by the entire network. All the protocols of Red Pill are compatible with the blockbuster Efirium.
Users can choose to store coins of any purse that supports work with the Etherium. This can be like cold wallets, or online variations. According to the founders of Red Pill, the most suitable option is MyEtherWallet. It allows not only to store tokens, but also to generate a paper wallet.
Users can also store coins in the official purse of the Ephyrium - Mist.
Transaction security
Red Pill strives to ensure a high level of anonymity of transactions, therefore pays serious attention to security issues. The team's philosophy is based on sound mistrust of the main financial institutions. As a result, there is practically no way of knowing who owns the wallet.
Even when attacking the wallet, criminals will not receive such information, since it does not store a hash or other personal data. Only inaccurate user can cause information leakage. The system relies on reliable cryptographic methods of encryption, which, even theoretically, will not allow other network members to use your coins. For financial transactions, you need a private key or a UTC / JSON file. While it is kept in safety - the funds are securely protected.
Technical realization
Red Pill Coin is an ERC20 standard token. This means that it can be used on any platform that supports this standard. This is a conscious decision of the founders, aimed at improving accessibility for users. Since in a closed ecosystem the development of the project would be difficult.
First step!
The first step was to create a coin. Making it compatible with the standard ERC20, the developers have achieved that now it can be stored and sold on several platforms.
The second stage is the
development of an extension for Google Chrome and mobile applications that will allow users to easily manage their Red Pill Coin.
• The Chrome extension is scheduled for release in the first quarter of 2018
• The Android application is scheduled for release in the second quarter of 2018
• IOS is scheduled to be released in the summer / fall of 2018.
Details ICO
Name of the token Red Pill Coin - RPIL. The total number of coins to be issued is 100,008,760 units. All of them are preliminarily mined. Softcap is 500,000 dollars, and the maximum amount of attracted investments is 6,000,000 dollars. All not sold tokens will be destroyed.
The address for sending money for the acquisition of Red Pill Coin: 0x9e386da8cdfcf8b9e7490e3f2a4589c570cb2b2f. In order to get tokens you need to add Red Pill coin to your wallet.
The distribution of tokens is planned as follows:
• 60% - reserved for public sale;
• 15% - Reserved sales within Presale;
• 10% - remuneration to the team;
• 5% - remuneration to consultants and partners;
• 5% - pool reward.
The ICO is divided into three phases:
• Privat Sale - has already been completed. One million coins were offered at a discount of 75%;
• Pre-Sale - runs from April 21, 2018 to May 10, 2018. At this stage, it is planned to sell 10 million tokens at a price of 2500 RPIL per 1 Efirium. The minimum investment amount is 0,1 ETH.
• ICO - will be held from May 11, 2018 to June 10, 2018. This phase is allocated 39 million coins at a price of 1900 RPIL for 1 Efirium. The minimum investment amount is 0,1 ETH.
conclusions
The main purpose of the Red Pill crypto currency is to enrich online communities. RPIL can be used for various purposes. For example, they can pay for performing certain actions or use it as a currency in loyalty systems.
Red Pill is scalable and is divided into smaller units (up to eight decimal places). The total amount of coins in the next 16 years will be about 200 million. Of the important points that investors will be interested in: there is an MVP, there is a code for the githab, the team has real links to the linkkinder and quite a lot of luggage of experience and knowledge. Well, there are a lot of very good ratings from the different sites that make the analysis of the emerging ICO projects!
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By: larrybabs
https://bitcointalk.org/index.php?action=profile;u=1249538
