🔥 Major Announcements

🏆 6 Million Block Competition – COMPLETED
Status: 🟢 Successfully Completed

> The 6 million block guessing competition has been successfully completed with an enthusiastic community response.

Final Results:
Winner: Obito Congratulations! 🎉
– Prize: 6 Million Reddcoin distributed
– Participation: High community engagement
– Block Reached: Block #6,000,000 (https://blockbook.reddcoin.com/block/32e82448e7b9b1813708f488dbf40558698c59b184871acfe397093bd8f7dd89) achieved on 17 July 2025 15:10:45 UTC

Competition Impact:
– Increased community engagement and excitement
– Successful deployment of competition bot system
– Valuable data gathered for future competitions
– Strengthened community bonds through shared participation

🎙️ Web3 Global Media X Spaces Event – COMPLETED
Status: 🟢 Successfully Completed

Live Twitter Space discussions with Web3 Global Media

Event Ep.428:

> “Is self-custody truly accessible to the average person or are we asking people to take on risks they aren’t equipped for? Can we design social recovery and community custody solutions that balance sovereignty with practical security?”

– Platform: Web3 Global Media Ep.428 (https://x.com/web3globalmedia/status/1947661817938932029)
– Attendance: ~4,100 listeners
– Recording: Available for replay
Topics Covered: Selfcustody, security, community solutions

Event Ep.434:

>How much control should projects give up in exchange for “order book depth”?
Can projects build community trust while deeply coordinating with CEX and MM entities?

John (cryptognasher) Nash, [1-8-2025 06:12]
(2/6) – Platform: Web3 Global Media Ep.434 (https://x.com/web3globalmedia/status/1950596529200226596)
– Attendance: ~3400 listeners
– Recording: Available for replay
– Topics:

Community Impact:
– Significant exposure to new audiences
– Thought leadership in crypto security discussions
– Enhanced project credibility and visibility
– Valuable networking opportunities established

📊 Exchange Developments

🚀 New Exchange Integration – COMPLETED
Status: 🟢 Successfully Completed

🎉 Major Achievement: Reddcoin Now Live on SLEX IO
> Successfully launched on July 30, 2025 with dual stablecoin trading pairs!

Exchange Launch Details:
– Exchange: SLEX IO (https://slex.io/)
– Launch Date: July 30, 2025
– Status: ✅ Fully operational and trading
– Integration: Completed successfully with zero issues

Available Trading Pairs:
RDD/USDT Tether (USDT) trading pair
RDD/USDC USD Coin (USDC) trading pair

Launch Success Metrics:
– Seamless integration completed ahead of expectations
– Both stablecoin pairs immediately active and functional
– Strong initial trading volume and community engagement
– Zero technical issues during launch phase
– Professional exchange environment established

Technical Implementation:
– Current Architecture: P2SH addresses for maximum compatibility and stability

Future Enhancement Opportunities:
– Segwit Integration: Available as future core wallet feature for enhanced functionality
– Additional Trading Pairs: Potential expansion based on trading volume and demand
– Advanced Features: Exploring additional trading tools and platform enhancements

Community Benefits:
– Direct Stablecoin Access: Trade directly with USDT and USDC
– Enhanced Liquidity: Improved trading opportunities and market depth
– Market Credibility: Professional exchange presence strengthens project reputation
– Global Accessibility: International trading platform with robust infrastructure

Strategic Impact:
This successful launch represents a significant milestone in Reddcoin’s exchange ecosystem expansion, providing the community with professional trading infrastructure and direct access to major stablecoins.

❌ Xeggex Exchange Status Update

Current Status: 🔴 Permanently Closed

Official Statement Reminder:
> Due to the hack in February and other recent issues, XeggeX has shut down and filed for insolvency.

Key Points:
– Website remains offline permanently
– No user asset recovery mechanisms provided
– Serves as reminder of centralized exchange risks
Reinforces importance of selfcustody principles

❌ TradeOgre Exchange Status Update

Current Status: 🔴 Website Down

TradeOgre exchange continues to remain offline, with no details from the operator.

Official Statement:
> None Provided

Reddcoin Position:
We continue to emphasise the importance of holding your own private keys and minimising exposure to centralised exchange risks. We are excited that we have achieved a listing on Slex.io, but users should remain vigilatnt.

Network Protocol Enhancements

Status: 🟡 In Progress

Current Development Focus:
Segwit Implementation: (BIP 141/143/147) Segregated Witness
– Separates transaction signatures from transaction data
– Progressing alongside exchange integration
– Status: 🟢 Ready for activation (code present)
CSV (CheckSequenceVerify): (BIP 68/112/113) Relative Lock-Time
Enables relative locktime via sequence numbers
– Status: 🟢 Ready for activation (code present)
Taproot Integration: (BIP 340342) – Schnorr & Script Trees
– Research and compatibility assessment phase
– Status: 🟡 In Progress

Implementation Strategy:
– Phased rollout approach to ensure network stability
– Comprehensive testing on testnet before mainnet deployment
– Testnet Segwit and CSV already enabled
– Community education and preparation initiatives
– Backward compatibility maintained throughout transition

🆔 ReddID Development Update

Status: 🟢 Strong Development Momentum

🚀 MAJOR ANNOUNCEMENT: ReddID Source Code Now Available
> Current ReddID development source code is now publicly available for community review, testing, and contribution!

Source Code Access:
GitHub Repository: Reddcoin ReddID Branch
– Release Status: 🟢 Current development source available
Access Level: Public Open for community contribution and review
License: Open source consistent with main Reddcoin project

What’s Included in the Source Release:
– Core ReddID implementation code and architecture
Auctionbased ID allocation system
Marketdriven allocation mechanisms
– Integration interfaces for wallet and external services
– Comprehensive testing framework and test cases
– Developer documentation and setup guides
– API specifications for ecosystem integration

Community Benefits:
– Full Transparency: Complete visibility into ReddID development progress
– Open Collaboration: Community developers can contribute improvements and features
– Early Testing: Advanced users and developers can test and provide valuable feedback
Security Review: Communitydriven security auditing and peer code review
– Innovation: External developers can build complementary tools and services

Major Progress Achievements:
> ReddID development continues its strong comeback with comprehensive documentation, clear implementation roadmap, and active development progress.

– Comprehensive Documentation: Extensive technical and user documentation completed
Getting Started Guide: ReddID Getting Started
– Developer Resources: Full technical specifications and implementation guides available
Community Tutorials: Userfriendly guides for early adopters
– Source Code: Current development branch publicly available for review and contribution

Phase 1: Core Wallet Integration (Q4 2025)
Optin Interface: Users can choose between ReddID interface and traditional wallet
MarketDriven Architecture: Auction-based ID allocation system for fairness
– Seamless Integration: Native integration into core wallet experience
User Choice Principle: No forced migration community-driven adoption

Phase 2: Ecosystem Expansion (Q1-Q2 2026)
Planned integrations with external services:
– Electrum Wallet: ReddID support for lightweight wallet users
– Social Platforms:
– Bluesky: Decentralized social media integration
– Mastodon: Fediverse ecosystem connectivity
– Additional Partners: Expanding ecosystem integrations

Technical Approach:
Marketdriven allocation mechanisms
– Modular design for seamless ecosystem integration
– Full backward compatibility maintained
Securityfirst implementation principles
Opensource development with community collaboration

Developer Onboarding:
Stepby-step setup guides for local development environment
– Clear contribution guidelines and code standards
– GitHub issue tracking for coordinated development
– Comprehensive API specifications and documentation

This source release represents a significant milestone in ReddID development transparency and marks our commitment to open, community-driven innovation.

🤖 Competition Bot Development

Status: 🟡 Live & Operational

Current Capabilities:
– Automated competition tracking and management
Realtime leaderboard updates
– Fair play monitoring and verification
Multichannel/group support
– Community engagement features

Post-Competition Analysis:
– System performed flawlessly during 6M block competition
– Zero downtime or technical issues
– Positive community feedback on user experience
– Ready for deployment in future competitions

Future Enhancements:
– Additional game modes and competition types
Enhanced anticheat mechanisms
– Integration with other community tools
Crossplatform compatibility improvements

🇦🇺 Australian Crypto Convention

Event: Australian Crypto Convention – November 2025
Status: 🟡 Confirmed Attendance

Event Details:
– Date: November 2025
– Location: Australia
– Reddcoin Participation: Official attendance confirmed
– Representation: Core team members and community representatives

Strategic Opportunities:
– Networking: Connect with Australian crypto community and projects
– Showcase: Demonstrate ReddID development progress and capabilities
– Partnerships: Explore regional collaboration opportunities
– Education: Present Reddcoin’s social tipping ecosystem and vision

Preparation Activities:
– Presentation materials development
– Demo preparation for ReddID showcase
– Meeting scheduling with key industry participants
– Community meetup planning for Australian Reddcoin supporters

🗺️ Updated Project Roadmap

Status: 🟡 Strategic Direction Refined

Priority Focus Areas

1. ReddID Implementation
Timeline: Phase 1 Q4 2025, Phase 2 Q1Q2 2026
Scope: Core wallet integration with optin interface, followed by ecosystem expansion
Impact: Revolutionary digital identity management and crossplatform utility

2. Exchange Ecosystem Expansion
Timeline: Q3Q4 2025
– Scope: New exchange integration, partnership development, liquidity improvements
– Impact: Enhanced accessibility, improved liquidity, broader market presence

*3.
Timeline: Q4 2025
– Scope: Complete website overhaul, user experience enhancement, modern design
– Impact: Professional presentation, improved onboarding, enhanced credibility

4. Protocol Enhancements
Timeline: Q4 2025 Q1 2026
– Scope: Segwit, CSV, and Taproot implementation
– Impact: Enhanced security, improved functionality, modern protocol features

Long-term Strategic Vision
– Establishing Reddcoin as the leading social tipping cryptocurrency
Crossplatform ecosystem integration and interoperability
Communitydriven governance and decision-making processes
– Sustainable development funding and organizational growth
– Global adoption through strategic partnerships and integrations

📢 Communication Strategy

Focus: High-Impact Community Engagement

Current Improvements:
– Streamlined communication across primary channels
– Reduced noise, increased signal quality
– Faster response times on community inquiries
– Consolidated major announcements for maximum impact

Stay Connected:

🐦 X (Twitter) (https://x.com/reddcoin) Latest updates and announcements
🔴 Reddit (https://www.reddit.com/r/reddCoin/) Community discussions and social news
💬 Telegram (https://t.me/ReddcoinOfficial) Main community chat and real-time updates
💻 GitHub – Development progress and source code
🦋 Bluesky (https://bsky.app/profile/reddcoin.bsky.social) Decentralized social presence

👥 Team Status & Commitment

Engagement Level: 🟢 Fully Committed & Energized

The entire Reddcoin team remains fully engaged and more dedicated than ever to project success:

Team Performance:
– Development Team: Highly active across all development fronts
– Community Management: Responsive, engaged, and proactive
– Partnership Team: Actively pursuing and securing new opportunities
– Leadership: Providing clear strategic direction and unwavering support

Current Focus Areas:
– Exchange integration project management
– ReddID development acceleration and documentation
– Community growth and engagement initiatives
– Strategic partnership development and execution

Team Morale & Commitment:
The successful completion of the 6 million block competition, progress on exchange partnerships, and momentum in ReddID development has energized the entire team. We’re more committed than ever to delivering exceptional value to our community.

📈 Looking Forward

Next 30 Days (August 2025)
– Exchange Integration: Continue development and testing phases
– ReddID Progress: Advance Phase 1 development milestones
– Australian Crypto Con: Finalize preparation and presentation materials
– Community Engagement: Maintain high level of community interaction and support
– Protocol Development: Progress Segwit implementation alongside exchange work

Q4 2025 Objectives
– Exchange Launch: Complete integration and announce new exchange availability
ReddID Phase 1: Launch core wallet integration with optin interface
– Website Modernization: Complete website overhaul and launch
– Australian Crypto Con: Successful participation and community building
– Protocol Upgrades: Deploy Segwit and begin CSV/Taproot development

Community Message

July has been a month of significant achievements and accelerating momentum. With the successful completion of our 6 million block competition, exciting progress on exchange partnerships, breakthrough developments in ReddID, confirmed participation in the Australian Crypto Convention, and an energized, fully committed team, Reddcoin is positioned for exceptional growth and innovation in the months ahead.

*The foundation we’re building today—through ReddID development, exchange partnerships, protocol enhancements, and community engagement—will establish Reddcoin as the definitive social tipping cryptocurrency and digital identity platform.

We’re not just building technology; we’re creating the infrastructure for the future of social cryptocurrency interactions.