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The Author, '''<big>Nenad Rakocevic</big>''' started the project long before the source of REBOL3 has been release.
Both language share one common principle: be coincise. In RED and REBOL you can do in one like of code what in other languages needs many more lines. A 50 lines of program could be a a 2/4 lines in RED/REBOL.
 
Also you do not need 50 GB of HD space to start programming: 1MB of drive space and a text editor are enough.
 
While REBOL is now open source, RED has totally a different source. It has been coded from scratch. It maintains compatibility with REBOL2 (90% of the code) bit it is different. REBOL is interpreted, while RED is noteither compiled and interpreted.
 
Learn more at RED main page: