Bitcoin’s success has inspired many innovations, with the majority of early blockchain developers using it as a template for variations such as Litecoin.
However, some developers saw beyond Bitcoin to an underlying foundational architecture. One of those is Vitalik Buterin, the founder of Ethereum. For him, blockchain’s full potential could not be attained through Bitcoin’s structure.
Innovation on Ethereum is powered primarily by smart contracts, a feature that allows developers to encode agreements and programs to self-execute. These applications or DAPPs (decentralized applications) use the Ethereum blockchain as their backend — they use the Ethereum virtual machine (EVM) to execute code and store the application data instead of maintaining their own, centralized servers.
Ethereum is the first blockchain to integrate smart contract capability as well a built-in ability to store third-party data and execute third-party code as a virtual machine.
Running apps on Ethereum also has additional advantages for both the end user and the startup that owns the app.
Ethereum has no single point of failure or attack, and it provides infallible data integrity as no one can make arbitrary changes. And no one can remove an app from the Ethereum blockchain unless they come up with a way to simultaneously shut down over 25,000 nodes around the globe!
The list of startups that are using the platform is constantly increasing and they operate across industries from tech startups to supply management, medical data control and even agribusiness.
Initial coin offeringsCurrently, the most popular use of the Ethereum blockchain is the support of initial coin offerings (ICOs). Startups create coins on the platform which they sell for use as utility tokens in their applications and to raise funds for their projects. A recent report by cryptocurrency data provider TokenData puts the amount raised in 2017 by startups through ICOs at over US$5.6 billion.
WHAT IS REDPILL?
Red Pill is a cryptocurrency based on Ethereum blockchain (ensures its functionality for efficient operation) governed by smart contracts that provide support for financial transactions. Red Pill is a currency designed to enrich online communities like as a reward of members 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 a member for a year). Red Pill serves as a good tip to reward subscribers of a product or service. The real value of red pills is meant for the satisfaction of the general public.
The aim of red pill coin is to preserve the wealth and assets while at the same time facilitate the transfer of red currency pills from one person to another using mobile phones, desktops and web-based applications that facilitate this process. Red pill also aims to protect creators whose content is removed from platforms such as YouTube. Red Pill is not a currency controlled by governments or banks. Red Pill is a decentralized cryptocurrency that is owned, operated and re-distributed by the People. Red Pill's financial transactions in the form of smart contracts are authorized and processed across the network. All applicable rules for the Red Pill crypto currency protocol are compatible with the intelligent contracting framework of the Ethereum blockchain . The fact that Red Pill as a crypto currency built on the Ethereum network also provides an extra layer of security against malicious attacks on the Red Pill coin system.
All Red Pill transactions are processed, authenticated, recorded, stored, and distributed on the Ethereum blockchain. Red Pill coin users have the freedom to choose from a wide selection of wallets that are available to store their coins. This wallet is present in both online and offline storage options. Our favorite wallet selection is MyEtherWallet which in addition to providing online storage for Red Pill coins also gives users the opportunity to produce Paper Wallets that can be used as an internal storage option. This online storage option provides access to your Red Pill coins on the go. There are many ways users can access their MyEtherWallets like Ledger, Mnemonic Phrases, and UTC / JSON files.
Setting Up Hardware Wallet for Red Pill Coins offers an extra layer of security for your Red Pill coins than online and paper wallets. While it is highly unlikely that online portfolio options can become vulnerable to malicious attack, storing your valuable Red Pill coins more securely is certainly something that should interest all Red Pill users. There are two popular Hardware wallet options available: the TREZOR and the LEDGER Nano S. Red Pill coins are compatible with both of these device portfolio options. They both provide passcode security functionality and are incredibly easy to use. All you have to do is plug and play the hardware device on your computer, enter your passcode and gain access to your Red Pill coins.
HOW IT WORKS
● Make And Receive Payments Securely
Red Pill is a secure cryptocurrency that makes sending and receiving payments easy, safe and fun.
● Designed For Creators
Red Pill is designed for people who love to create content and consume content. It is an excellent currency that can be used to support your favorite.
● It Has Real Monetary Value
Unlike reputation points, Red Pills can be converted to cash. This separates Red Pill from virtually every other reward tier system out there.
Red Pills Are Safer than traditional currency (e.g. U.S. dollars). Access to your digital currency requires security checks/verification’s that are not possible with traditional currency, furthermore Red is stored in an online Ledger called a block chain that is backed up by different Peers across the world, which means the currency remains entirely secure and always available while being fully transparent.
Red Pill was developed as an Ethereum based cryptocurrency. It is stored on the Ethereum block chain and compatible with virtually any Ethereum Wallet such as Mist.The total supply of Red Pill is 100 Million while the available supply is regularly being increased.Red Pills can be broken down to the 8th decimal place, which represents the smallest possible Red Pill unit.
Easy to 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. It is an excellent currency that can be used to support your favorite creators and communities, and vice versa allowing communities to reward consumers and supporters.
The target plan for the initial distribution of Red Pill coins begins with an Initial Coin Offering (ICO) of 100 Million Coins. The total supply of Red Pill coins is 200 Million which means that the ICO will account for 50% of the total supply. In subsequent years, 10 million coins will be made available until the total currency amount is reached. The minimum bidding price for the coin auction will be determined by the current market value of Red Pill coins as at the time of the sale. Red Pill coins will be listed based on Ethereum upon release, with one eth being equivalent to 5361 Red Pills.
Token Standard - ERC20
Token Type - POW (Proof of Work)
Coin Name - Red Pill Coin
Symbol - RPIL
Decimal Places - 8
Softcap - 1250 ETH $500,000 USD
Hardcap - 15000 ETH $6,000,000 USD
Tokens For Sale - 50,000,000 RPIL
Token Supply - 100,008,760 (Pre-Mined)
MEET THE TEAM
YouTube/Google Adpocalypse Occurs, Thousands Of Online Content Creators lose only source of income.
Red Pill Coin team Is Formed And Officially begins development of cryptocurrency to Aid content Creators
Red Pill Coin Website launches, and Red Pill coin Web wallet development announced
Q1 Goals 2018
Launch RedPillCoin Web Wallet Feb 2018.
Launch Chrome extension Mar 2018.
Launch Android Wallet App April 2018.
Launch iPhone WalletApp Summer 2018
Q2 Goals 2018
April 1st 2018 - Launch Red Pill Coin Bounty and Airdrop
April 5th 2018 Launch Red Pill Coin Private Sale ($0.10 USD per coin)
April 21st 2018 Launch Red Pill Coin Pre-Sale ($0.15 USD per coin)
May 10th 2018 Launch Red Pill Coin ICO ($0.20 USD per coin)
Q3 and Beyond Goals 2018
July 10th Complete Red Pill Coin Token Distribution
July 20th Launch Red Pill Coin Mobile Miner App For Android
Fall 2018 Launch Red Pill Coin Wallet App For iPhone
Fall 2018 Launch Red Pill Coin Mobile Miner For iPhone.
For more information please visit:
Whitepaper : https://www.redpillcoin.com/PDF/whitepaper.pdf
Website Ico : https://redpillcoin.io/
Twitter : https://twitter.com/redpillcoin
Telegram : https://t.me/redpillcoingroup
Facebook : https://www.facebook.com/redpillcoincrypto
Linkedin : https://www.linkedin.com/company/redpillcoin
Madium : https://medium.com/@RedPillCoin
Github : https://github.com/RedPillCoin/RedPillCoin-Smart-Contract
Youtube : https://www.youtube.com/channel/UCQUskQ8NekITgo_SGr2UapA
BITCOIN PROFILE ACC----- https://bitcointalk.org/index.