Red Pill Coin - Decentralized Digital Currency Based on Ethereum Blockchain
The introduction of bitcoin is the beginning of blockchainrevolution, and since then blockchain technology has continued to evolve into diverse fields of application. Ethereum, the second most popular blockchain in the world today has revolutionized the entire computing space with the use of thesmart contracts that match the technology of blockchain.
The Red Pill Coin is a Ethereum-based digital cryptocurrency asset governed by smart contracts. This includes part of a non-bitcoin cryptocurrency called as Altcoin. Like all cryptocurrencies, it uses a decentralized distribution framework in the form of blockchain technology, in this case, the Ethereum blockchain.
This is a cryptocurrency peer-to-peer that runs smoothly in the Ethereum blockchain network and is compatible with many cryptocurrency purses. There is no central control over transactions involving Red Pill coins thereby giving users greater control pills and the ability to use their funds anonymously.
The Red Pill evolved into more than just another cryptocurrency variant but a community of people dedicated to exercising control over their finances. The emphasis on the communal nature of the Red Pill sets the tone for what will make Red Pill not just a form of currency for the Red Pilot community but also for the Ethereum network and the world community as a whole.
The Red Pill is a currency designed to enrich the online community. The Red Pill can be used for various purposes. Communities can, for example, use Red Pill to reward their members for everything from certain accomplishments (eg, make a number of posts in the forum) or reward them for their loyalty (for example, giving members pills to become members for the year). The Red Pill can also be used to reward customers of a product or service.
The advantages of using blocking technology
The main advantages are as follows:
• Order. This means that entries in the block chain can not be changed or deleted. With the growth of the Efirium blockbuster, this property will only increase.
• Encryption is secure. Conducting transactions on a network is free of charge without the involvement of a regulatory body that requires user identification. It reduces risk and commissions.
• Anonymity. Financial transactions in the system are anonymous, which reduces the possibility of theft of confidential information.
• Enhanced security. Since there is not a single point of network failure, the network is safely protected from hackers.
Development of technology blockade
Block is the basic implementation of the distributed registry concept. Efirium makes a significant contribution to further development through the introduction of smart contracts, significantly enhancing network functionality. In addition to making transactions, they allow you to automatically contract between participants.
Based on current trends, most new technologies will be based on blocks, or derived protocols. Governments and large corporations are already investing in developing solutions that promote the wider and more effective use of this technology.
The red pill - it's not just the new cryptocurrency, is a community of philosophies where users have full control and autonomy over their assets. That is, they can freely and anonymously use the money. This idea goes through the red line through the architecture and basic functions of the Red Pill, which makes it a comfortable crypto currency.
Architecture
The Red Pill is based on the Efirium blockbuster, and its work is governed by smart contracts. It provides reliable functionality and protection from cyber attacks. Transactions in the form of intellectual contracts are checked by the entire network. All Red Pill protocols are compatible with Efirium blockbuster.
Users can choose to save coins from any wallet that supports work with Etherium. It can be like a cool wallet, or an online variation. According to Red Pill founder, the most appropriate option is MyEtherWallet. This allows not only to store tokens, but also to produce paper purses.
Users can also store coins in the official wallet of Ephyrium - Mist.
Transaction security
Red Pill seeks to ensure a high degree of transaction anonymity, therefore paying serious attention to security issues. The team's philosophy is based on strong distrust of key financial institutions. As a result, there is practically no way of knowing who owns the wallet.
Even when attacking a wallet, criminals will not receive such information, as it does not store hashes or other private data. Only inaccurate users can cause information leakage. The system relies on a reliable method of cryptographic encryption, which, even theoretically, will not allow other network members to use your coins. For financial transactions, you need a private key or a UTC / JSON file. While stored securely - funds are safely protected.
The growth schedule of the blockade industry until 2021.
Technical realization
Red Pill Coin is a standard token of ERC20. This means that this can be used on any platform that supports this standard. This is a conscious decision of the founders, which aims to improve accessibility for users. Because in a closed ecosystem the development of the project will be difficult.
The first stage!
The first step is to make a coin. In order to be compatible with the ERC20 standard, developers have achieved that can now be stored and sold on multiple platforms.
The second stage is
the development of extensions for Google Chrome and mobile apps that will allow users to easily manage their Red Pilot Coins.
• Chrome extension is scheduled for release in the first quarter of 2018
• Android apps are scheduled to be released in the second quarter of 2018
• iOS is scheduled for release in summer / fall 2018.
Details of ICO
Red Pill token coin name - RPIL. The total amount of coins to be issued is 100,008,760 units. Everything is mined. Softcap is 500,000 dollars, and the maximum amount of investment drawn is 6,000,000 dollars. All unsold tokens will be destroyed.
Address to send money to buy Red Pill coins: 0x9e386da8cdfcf8b9e7490e3f2a4589c570cb2b2f.
To get the token, you need to add the Red Pill coin to your wallet.
The token distribution is planned as follows:
• 60% - reserved for public sale;
• 15% - Sale booked in Presale;
• 10% - remuneration to team;
• 5% - salary for consultants and partners;
• 5% - gift pool.
ICO is divided into three phases:
• Private Sales - is done. One million coins are offered at a 75% discount;
• Pre-Sales - runs from April 21, 2018 to May 10, 2018. At this stage, it is planned to sell 10 million tokens at a price of 2500 RPIL per 1 Efirium. The minimum investment amount is 0.1 ETH.
• ICO - will be held from May 11, 2018 to June 10, 2018. This phase is allocated 39 million coins at the price of 1,900 RPIL for 1 Efirium. The minimum investment amount is 0.1 ETH.
Conclusion
The main purpose of the Red Pill crypto currency is to enrich the online community. RPIL can be used for various purposes. For example, they can pay to perform certain actions or use them as currency in the loyalty system.
The Red Pill can be scaled and divided into smaller units (up to eight decimals). The total number of coins in the next 16 years will be about 200 million. The interesting ones that will interest investors: there is MVP, no code on githab, the team has a real link on linkedin and considerable baggage of experience and knowledge and many excellent ratings of razdichnyh reasons that make ICO-project analysis come!
Team
The Red Pill development team is a group of developers who have worked collectively to bring birth control pills to the public. Red Pill prides itself in facilitating the ability of users to use Red Pills securely when they choose it, while following all laws, rules and regulations, as defined in their respective countries.
Further information can be found through the links listed below:
Website: https://www.redpillcoin.com/
Whitepaper: https://www.redpillcoin.com/PDF/whitepaper.pdf
Telegram: https://t.me/redpillcoingroup
ETH Address: 0x61E0694B4405755c2c9b777c50E8C45E9B769dd6
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