Steemit versus Redcoin and why Steemit is winning
steemit·@teresapioppi·
0.000 HBDSteemit versus Redcoin and why Steemit is winning
<p><img src="https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FZ7RxlyK.png&t=567&c=WhO5KlloFm6wvw" /></p> <p><strong>Steemit </strong></p> <p>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.<br /> </p> <p>Underneath the hood of Steemit.com there is a tradeable cryptocurrency token, called <strong>Steem</strong>, 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.<br /> </p> <p><br /> <img src="https://ip.bitcointalk.org/?u=http%3A%2F%2Fredcoin.pw%2Fred.png&t=567&c=HzMDVz94vLILVQ" /></p> <p><strong>REDCOIN (RED)</strong><br /> </p> <p>- 1 minute block time<br /> - Difficulty retargets every 20 blocks (or 20 mins)<br /> - Total coins will be around 329 millions, Every 3 years, the prize halves<br /> - 6 confirmations for transaction<br /> - 50 confirmations for minted blocks<br /> - Normal blocks are 50-150 coins per block, randomly.<br /> - Every 500 blocks there is a bonus block with 500-1000 coins.<br /> - super blocks of 5000-10000 coins on average every 20,000 blocks.<br /> - The default ports are 11361(Connect) and 11362 (RPC).<br /> - Transaction Messaging<br /> </p>