UserID Overview - reddcoin-project/reddcoin GitHub Wiki

Reddcoin User ID System Overview

Introduction

The Reddcoin User ID system is a comprehensive identity management framework built on the Reddcoin blockchain. It creates a hierarchical naming system allowing users to register and manage human-readable identifiers. The system consists of three primary components:

  • Namespaces: Top-level domains (like .redd)
  • User IDs: Second-level identifiers within namespaces (like alice.redd)
  • ReddIDs: Cross-namespace identities that tie multiple user IDs together

Key Features

Auction-Based Allocation

  • Both namespaces and user IDs are allocated through competitive auctions
  • Promotes fair price discovery and reduces squatting
  • Creates deflationary pressure on RDD supply through burn mechanisms

Hierarchical Structure

  • Namespaces establish rules and parameters for all user IDs within them
  • Namespace owners receive a portion of user ID auction proceeds
  • Different namespaces can have different character rules, pricing, and renewal policies

Social Identity Framework

  • ReddIDs provide consistent identity across multiple namespaces
  • Reputation system tracks and scores user behavior
  • Social connections enable follow/friend/endorse/block relationships

Economic Model

  • Revenue from auctions is distributed among:
    • Burn pool (50-80%)
    • Namespace owners (5-10%)
    • Node operators (5-25%)
    • Development fund (5-15%)
  • Renewal fees are based on name length, activity, and usage metrics
  • Anti-squatting measures include progressive penalties and reclamation auctions

Technical Integration

  • Fully integrated with Reddcoin Core
  • Uses OP_RETURN data structures for blockchain storage
  • P2P protocol extensions for efficient message relay
  • Comprehensive API and RPC interfaces for application integration

Use Cases

  • Persistent digital identity across services
  • Reputation-based trust for decentralized transactions
  • Social network functionality with privacy controls
  • Cross-namespace resolution for consistent identification

This system represents a significant advancement in blockchain-based identity management, providing both the technical infrastructure and economic incentives for sustainable digital identity within the Reddcoin ecosystem.

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