RedPill Review
bitcoin·@luthanhson·
0.000 HBDRedPill Review
 Introduction The 21st century has seen a remarkable increase in the transition towards an entirely virtual world. Many aspects of human interaction are fast leaving the so-called “real plane” into the virtual environment of computers. The financial services sector isn’t left out in this revolution as seen by the emergence of cryptocurrencies as means of processing financial transactions. Cryptocurrencies refer to the virtual currencies; digital cash. They are in many ways, the digital counterpart of fiat currency like the US Dollar and the Euro. The name “cryptocurrency” is derived from the utilization of cryptography in the process of encrypting financial transactions. By way of definition, cryptocurrencies may be defined as a medium that uses encryption to encrypt (secure) financial transactions. All financial operations are characterized by the transfer of value from one entity to another. For any financial transaction to be deemed valid, there must be a means of providing authorization and authentication of the transfer of value. For financial transactions involving cryptocurrencies, this is achievedusing a blockchain. Every cryptocurrency utilizes a blockchain with the Bitcoin and Ethereum block chains being the most popular. Red Pillis built on the Ethereum blockchain which is a traditionalblock chain used by millions of people. This provides robust network integrity for the Red Pill cryptocurrency. There are some different digital wallets and support services provided by Ethereum for users of Red Pill. Red Pill is a currency designed to enrich online communities. Red Pill can be used for many different purposes. Communities can, for example, use Red Pill to reward their members for everything from meeting certain milestones (e.g., making a certain number of posts on a forum) or to reward them for their loyalty (e.g., awarding members pills for being amember for a year). Red Pill can also be used to reward subscribers of a product or service. Furthermore at Red Pill also makes a great tip Disclaimer/ICO Conditions Red Pill Coin is not a security, a security is a tradable financial asset that is regulated by the SEC in The United States, and government bodies in their respective countries. Purchasing and owning Red Pill Coin does not in any way stipulate that the purchaser will receive shares, liquidity, stocks, bonds or an investment agreement in any asset. Red Pill coin is a decentralized crypto-currency. Supply and demand determine the value of Red Pill coin. The purchaser may use Red Pill coins in legal manners, as stipulated in their country of residence. Red Pill coin is a decentralized digital currency that exists on the Ethereum blockchain. Anyone who purchases Red Pill coin must agree to these terms. Advantages of Blockchain Technology: Since Red Pill runs on the Ethereum blockchain, it enjoys all the main benefits of the blockchain applications of the distributed ledger technology. The main advantages are as follows: Immutability One of the biggest selling points of blockchain technology is its logical immutability. This means that transactions once completed and recorded in the blockchaincannot be altered or deleted from the ledger. As the Ethereum blockchain grows in size, this immutability becomes even more assured. Any changes made to pre-existing entries are viewed by the entire blockchain and as such the possibility of successfully manipulating the system is zero. Trustless Encryption Financial transactions can be carried out in a blockchain without the need of a central oversight body providing authentication and authorization. This elimination of the thirdparty significantly reduces risk and associated fees. Anonymity Transactions in the blockchain are completely anonymous and as such identities of the participants are completely protected. Users are in complete control of their personal information thus reducing the risk of identity theft. Enhanced Security Being decentralized, block chains do not have a central point of failure. There is no entry point for malicious attacks, and this makes block chains durable and reliable. Red Pill Roadmap Launch Red Pill Coin ICO Round 1 October 1st 2017 — October 31st 2017 Launch Red Pill Coin ICO Round 2 December 1st 2017 — December 31st 2017 February 2018 — Launch Red Pill Chrome extension that allows Red Pill owners to tip their favorite content creators on (YouTube, with support for twitter, and Instagram planned). April 2018 — Launch Red Pill Send And Receive Application for Android with IOS version following in Fall 2018. Detail Information Website : http://redpillcoin.com/ ICO Website : https://redpillcoin.io/ Facebook: https://www.facebook.com/redpillcoincrypto Twitter: https://twitter.com/redpillcoin Telegram: https://twitter.com/redpillcoin Youtube: https://www.youtube.com/channel/UCQUskQ8NekITgo_SGr2UapA Whitepaper : https://redpillcoin.com/PDF/whitepaper.pdf Written by luthanhson Bitcointalk username: luthanhson Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1582095