Reddcoin’s ReddID Set To Save The Expiring Twitter Cryptocurrency Tipbot
Tipbots have been instrumental in the crypto space. They are expedient solutions which have the prospects of introducing millions of dollars in value to particular virtual assets over a period of time. With regard to Reddcoin, its famous Twitter tipbot will be closed indefinitely, thus users are instructed to cash out their money immediately.
The Closure Of Reddcoin Twitter Tipbot
Several users of the famous Twitter tipbot have observed that the service has not been ideal in the past couple of days. As matter of fact, it has not been possible to network with the bot through the regular way for a period of time. A message sent directly to the bot will work towards generating the appropriate information.
It however seems that the service will not be able to go back to its normal functions. This is due to the fact that the project is facing a complete shut down in the near future. The reason behind the new happening is not very hard to find out.
Modifications On The Twitter Platform
In the recent past, Twitter has been coming up with a number of modifications on its platform. However, most of the changes do not have any direct impact on the users. This is because this can generate some challenges for some services which operate on top of the platform via its API. With regards to Reddcoin tipbot, the present API as well as endpoints make it virtually improbable to recommence the service as it was previously.
This is quite an ill-fated occurrence for the community. Consumers in the platform are instructed to withdraw all the money in their tipbot accounts with immediate effect. In this regard, any money which will be left in the wallets beyond October 1st, 2018 will be considered to have been abandoned. The abandoned money will be donated to the Reddcoin Core development team who will use it according to their own discretion.
Interestingly, it is worth noting that the crypto space is yet to witness the last Reddcoin tipping on the social media platform. However, the unfortunate part is that the ease-of-use of the service will completely be shut down.
This is because a nascent solution has come up. The inherent ReddID allowance, which is an essential part of Reddcoin’s impending advancement, can hook into Twitter as well as other social networks. This is instrumental in unlocking many other functionalities progressively.
In conclusion, the end of Twitter tipbot does not necessarily affect Reddcoin Telegram bot, albeit momentarily. The service will switch to an innovative Electrum substructure, and in the meantime, it will continue to work normally until such a time that the change is successfully announced. By and large, this is an indication of the evolution of the Reddcoin bionetwork.