What is Red Pill?
The Red Pill is a currency designed to enrich the online community. The Red Pill can be used for
many different purposes. Communities can, for example, use Red Pill to reward their members for everything from certain accomplishments (eg, make certain posts in the forum) or to reward them for their loyalty (for example, giving members pills to become
amember for one year).
Benefits of Blockchain Technology:
Since Red Pill runs on blockchain Ethereum, it enjoys all the major benefits of blockchain applications from its distributed ledger technology.
The main advantages are as follows:
Eternity
One of the biggest selling points of blockchain technology is its logical incapacity. This means that transactions once completed and recorded in the blockchain can not be changed or removed from the ledger. When the Ethereum blockchain grows in size, these eternities become safer. Any changes made to existing entries are seen by all blockchain and thus the possibility of successfully manipulating the system is zero.
No Significant Encryption
Financial transactions can be made in blockchain without a center requiring a regulatory body that provides authentication and authorization. This third party retrieval significantly reduces the associated risks and costs.
Anonymity
Transactions in the blockchain are completely anonymous and the identity of the participants is fully protected. Users fully control their personal information thereby reducing the risk of identity theft.
Enhanced Security
Because it is decentralized, the block chain has no central point of failure. There is no entry point for malicious attacks, and this makes chain blocks more durable and reliable.
Growth and Technology Development Blockchain:
Blockchains, in effect, are only the fundamental implementation of the full potential of distributed ledgers. Ethereum blockchain represents a significant leap in the growth and development of blockchain technology. By incorporating smart contracts within the blockchain framework, the application of ledgers is distributed substantially.
Advantages of Red Pill
Very safe
Red Pills Safer than traditional currency (eg US Dollar). Access to your digital currency requires
a security check / verification that is not possible with traditional currency, then Red is stored
in an online ledger called a block chain supported by different Peers around the world, which
means the currency remains completely secure and always available when fully transparent.
Good Code
The Red Pill was developed as a Ethereum-based cryptocurrency. It is stored on the Ethereum block chain and is
compatible with almost any Ethereum Wallet such as Mist. The total supply of the Pill is 100 Million while
the available supplies are regularly upgraded. The Red Pill can be broken down to the 8th decimal place, which
is the smallest possible unit of Red Pill.
Easy Handle
First and foremost, Red Pill is a secure cryptocurrency that makes sending and receiving payments
easy, safe and fun. Red Pill is designed for people who love to create content and
consume content. This is an excellent currency that can be used to support
your favorite creators and community, and instead allows the community to reward
consumers and supporters.
The philosophy is built into the architecture and key features of Red Pill, making it one of the cryptocurrency types.
The blockchain industry is predicted to grow to a much higher level by 2021. The graph below shows predictions.
Red Pills Safer than traditional currencies (eg US dollars). Access to your digital currency requires a security check / verification that is not possible with traditional currency, then Red is stored in an online ledger called a block chain supported by different Peers around the world, which means the currency remains completely secure and always available when fully transparent.
Sales Token
Distribution Token
Tim
For more info please visit the following link:
My Bitcointalk Profil : erwin_ibrahim
0 Comments