REDEN is a direct continuation of the coin once known as EDEN. On April 4, the developer of EDEN, iodev, ran off with almost 16 bitcoins (around $128,000) worth of investment money that was to be used for exchanges, listings,and developments. Today, the community's response to this terrible incident is the birth of a new coin: REDEN. Reden has 14 mining pools and uses the X16S algorithm.