Steemit
is a new social media platform built on the Steem blockchain where the community rewards individuals for their posts, comments and votes, co-founded by Ned Scott, CEO, and Daniel Larimer, CTO of Steemit and founder of Bitshares.
Underneath the hood of Steemit.com there is a tradeable cryptocurrency token, called Steem, and it's performing well on the US-based exchange, bittrex.com, and blockchain-based exchange openledger.info. With Steemit.com, posts, comments and votes are immutable. Attribution is a given. Accreditation is not taken for granted. And community appreciation is an actual reward.
REDCOIN (RED)
- 1 minute block time
- Difficulty retargets every 20 blocks (or 20 mins)
- Total coins will be around 329 millions, Every 3 years, the prize halves
- 6 confirmations for transaction
- 50 confirmations for minted blocks
- Normal blocks are 50-150 coins per block, randomly.
- Every 500 blocks there is a bonus block with 500-1000 coins.
- super blocks of 5000-10000 coins on average every 20,000 blocks.
- The default ports are 11361(Connect) and 11362 (RPC).
- Transaction Messaging