{"version":"1.0","provider_name":"ReddCoin - The Original Social Currency","provider_url":"https:\/\/wordpress.reddcoin.com","author_name":"Kpcrypt0","author_url":"https:\/\/wordpress.reddcoin.com\/index.php\/author\/kayp\/","title":"Project Update - August 2025 - ReddCoin - The Original Social Currency","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"uZjqxG4B4o\"><a href=\"https:\/\/wordpress.reddcoin.com\/index.php\/2025\/08\/01\/project-update-august-2025\/\">Project Update &#8211; August 2025<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/wordpress.reddcoin.com\/index.php\/2025\/08\/01\/project-update-august-2025\/embed\/#?secret=uZjqxG4B4o\" width=\"600\" height=\"338\" title=\"&#8220;Project Update &#8211; August 2025&#8221; &#8212; ReddCoin - The Original Social Currency\" data-secret=\"uZjqxG4B4o\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/wordpress.reddcoin.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","thumbnail_url":"https:\/\/wordpress.reddcoin.com\/wp-content\/uploads\/2025\/10\/Project-update.jpg","thumbnail_width":768,"thumbnail_height":512,"description":"ReddCoin Project Update &#8211; August 2025 Massive update about everything Major Achievements \u2022 6 Million Block Competition COMPLETE &#8211; Winner: Obito (6M RDD prize distributed)\u2022 SLEX IO Exchange LAUNCHED &#8211; July 30 with RDD\/USDT &amp; RDD\/USDC trading pairs\u2022 ReddID Source Code RELEASED &#8211; Publicly available on GitHub for community contribution\u2022 Web3 Global Media Features &#8211; 2 X Spaces events reaching 7,500+ total listeners \u26a0\ufe0f Exchange Ecosystem Changes:\u2022 SLEX IO: \u2705 Live and operational with dual stablecoin pairs\u2022 Xeggex: \u274c Permanently closed (insolvency)\u2022 TradeOgre: \u274c Website offline, status unknown \ud83d\ude80 Development Progress:\u2022 Protocol Enhancements: Segwit &amp; CSV ready for activation\u2022 ReddID Phase 1: On track for Q4 2025 core wallet integration\u2022 Australian Crypto Con: Confirmed attendance November 2025 \ud83d\udca1 Bottom Line: July delivered significant milestones with SLEX IO launch providing crucial exchange stability while ReddID development accelerates toward public release. \ud83d\udd25 Major Announcements \ud83c\udfc6 6 Million Block Competition &#8211; COMPLETEDStatus: \ud83d\udfe2 Successfully Completed &gt; The 6 million block guessing competition has been successfully completed with an enthusiastic community response. Final Results:Winner: Obito Congratulations! \ud83c\udf89&#8211; Prize: 6 Million Reddcoin distributed&#8211; Participation: High community engagement&#8211; Block Reached: Block #6,000,000 (https:\/\/blockbook.reddcoin.com\/block\/32e82448e7b9b1813708f488dbf40558698c59b184871acfe397093bd8f7dd89) achieved on 17 July 2025 15:10:45 UTC Competition Impact:&#8211; Increased community engagement and excitement&#8211; Successful deployment of competition bot system&#8211; Valuable data gathered for future competitions&#8211; Strengthened community bonds through shared participation \ud83c\udf99\ufe0f Web3 Global Media X Spaces Event &#8211; COMPLETEDStatus: \ud83d\udfe2 Successfully Completed \u00a0 Live Twitter Space discussions with Web3 Global Media Event Ep.428: &gt; &#8220;Is self-custody truly accessible to the average person or are we asking people to take on risks they aren&#8217;t equipped for? Can we design social recovery and community custody solutions that balance sovereignty with practical security?&#8221; &#8211; Platform: Web3 Global Media Ep.428 (https:\/\/x.com\/web3globalmedia\/status\/1947661817938932029)&#8211; Attendance: ~4,100 listeners&#8211; Recording: Available for replayTopics Covered: Selfcustody, security, community solutions Event Ep.434: &gt;How much control should projects give up in exchange for \u201corder book depth\u201d?Can projects build community trust while deeply coordinating with CEX and MM entities? John (cryptognasher) Nash, [1-8-2025 06:12](2\/6) &#8211; Platform: Web3 Global Media Ep.434 (https:\/\/x.com\/web3globalmedia\/status\/1950596529200226596)&#8211; Attendance: ~3400 listeners&#8211; Recording: Available for replay&#8211; Topics: Community Impact:&#8211; Significant exposure to new audiences&#8211; Thought leadership in crypto security discussions&#8211; Enhanced project credibility and visibility&#8211; Valuable networking opportunities established \u00a0 \ud83d\udcca Exchange Developments \ud83d\ude80 New Exchange Integration &#8211; COMPLETEDStatus: \ud83d\udfe2 Successfully Completed \ud83c\udf89 Major Achievement: Reddcoin Now Live on SLEX IO&gt; Successfully launched on July 30, 2025 with dual stablecoin trading pairs! Exchange Launch Details:&#8211; Exchange: SLEX IO (https:\/\/slex.io\/)&#8211; Launch Date: July 30, 2025&#8211; Status: \u2705 Fully operational and trading&#8211; Integration: Completed successfully with zero issues Available Trading Pairs:RDD\/USDT Tether (USDT) trading pairRDD\/USDC USD Coin (USDC) trading pair Launch Success Metrics:&#8211; Seamless integration completed ahead of expectations&#8211; Both stablecoin pairs immediately active and functional&#8211; Strong initial trading volume and community engagement&#8211; Zero technical issues during launch phase&#8211; Professional exchange environment established Technical Implementation:&#8211; Current Architecture: P2SH addresses for maximum compatibility and stability Future Enhancement Opportunities:&#8211; Segwit Integration: Available as future core wallet feature for enhanced functionality&#8211; Additional Trading Pairs: Potential expansion based on trading volume and demand&#8211; Advanced Features: Exploring additional trading tools and platform enhancements Community Benefits:&#8211; Direct Stablecoin Access: Trade directly with USDT and USDC&#8211; Enhanced Liquidity: Improved trading opportunities and market depth&#8211; Market Credibility: Professional exchange presence strengthens project reputation&#8211; Global Accessibility: International trading platform with robust infrastructure Strategic Impact:This successful launch represents a significant milestone in Reddcoin&#8217;s exchange ecosystem expansion, providing the community with professional trading infrastructure and direct access to major stablecoins. \u00a0 \u274c Xeggex Exchange Status Update Current Status: \ud83d\udd34 Permanently Closed Official Statement Reminder:&gt; Due to the hack in February and other recent issues, XeggeX has shut down and filed for insolvency. Key Points:&#8211; Website remains offline permanently&#8211; No user asset recovery mechanisms provided&#8211; Serves as reminder of centralized exchange risksReinforces importance of selfcustody principles \u00a0 \u274c TradeOgre Exchange Status Update Current Status: \ud83d\udd34 Website Down TradeOgre exchange continues to remain offline, with no details from the operator. Official Statement:&gt; 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: \ud83d\udfe1 In Progress Current Development Focus:Segwit Implementation: (BIP 141\/143\/147) Segregated Witness&#8211; Separates transaction signatures from transaction data&#8211; Progressing alongside exchange integration&#8211; Status: \ud83d\udfe2 Ready for activation (code present)CSV (CheckSequenceVerify): (BIP 68\/112\/113) Relative Lock-TimeEnables relative locktime via sequence numbers&#8211; Status: \ud83d\udfe2 Ready for activation (code present)Taproot Integration: (BIP 340342) &#8211; Schnorr &amp; Script Trees&#8211; Research and compatibility assessment phase&#8211; Status: \ud83d\udfe1 In Progress Implementation Strategy:&#8211; Phased rollout approach to ensure network stability&#8211; Comprehensive testing on testnet before mainnet deployment&#8211; Testnet Segwit and CSV already enabled&#8211; Community education and preparation initiatives&#8211; Backward compatibility maintained throughout transition \u00a0 \ud83c\udd94 ReddID Development Update Status: \ud83d\udfe2 Strong Development Momentum \ud83d\ude80 MAJOR ANNOUNCEMENT: ReddID Source Code Now Available&gt; Current ReddID development source code is now publicly available for community review, testing, and contribution! Source Code Access:GitHub Repository: Reddcoin ReddID Branch&#8211; Release Status: \ud83d\udfe2 Current development source availableAccess Level: Public Open for community contribution and reviewLicense: Open source consistent with main Reddcoin project What&#8217;s Included in the Source Release:&#8211; Core ReddID implementation code and architectureAuctionbased ID allocation systemMarketdriven allocation mechanisms&#8211; Integration interfaces for wallet and external services&#8211; Comprehensive testing framework and test cases&#8211; Developer documentation and setup guides&#8211; API specifications for ecosystem integration Community Benefits:&#8211; Full Transparency: Complete visibility into ReddID development progress&#8211; Open Collaboration: Community developers can contribute improvements and features&#8211; Early Testing: Advanced users and developers can test and provide valuable feedbackSecurity Review: Communitydriven security auditing and peer code review&#8211; Innovation: External developers can build complementary tools and services Major Progress Achievements:&gt; ReddID development continues its strong comeback with comprehensive documentation, clear implementation roadmap, and active development progress. &#8211; Comprehensive Documentation: Extensive technical and user documentation completedGetting Started Guide: ReddID Getting Started&#8211; Developer Resources: Full technical specifications and implementation guides availableCommunity Tutorials: Userfriendly guides for early adopters&#8211; Source Code: Current development branch publicly available for review and"}