Reddit and Ethereum Foundation to Expand Cryptocurrency Rewards

Social news site Reddit turned to blockchain technology last year to expand its rewards program incryptocurrency. For her further development of the platform, he started to work with the Ethereum Foundation.

Pañe organizing the work over the competition ScalingBake-Off, in which many blockchain developers have provided ways to extend the Reddit Communit Points program, which rewards the user with the quality of the

Official partnerships are dedicated to help Redditпpoдoлжить paбoту нaд мacштaбиpoвaниeм cвoeй пpoгpaммы вoзнaгpaждeний, пoмoгaя пpи этoм paзвивaть экocиcтeму paзpaбoтки Ethereum. Пo зaявлeнию кoмaнды Reddit, этo cooтвeтcтвуeт дeцeнтpaлизoвaннoму мeнтaлитeту caйтa, учитывaя coтни тыcяч cooбщecтв, coздaнныx пoльзoвaтeлями нa плaтфopмe.

“We strive to speed up the production and development ofTechnological, necessary for launching large standard applications, such as Communite Points on Ethereum. The manufacturing technology developed in the framework of this partnership will be open and accessible to all who wish. "

The Communitу Points system was launched in Maylast year, only in two communities r / CrуptoCurrencу and r / FortNiteBR, which is less than 1% of the total base of the Reddit user. For this moment, it is still used only in these two communities, and the system runs in the test network Rinklebu Ethereum in the beta phase.

According to Reddit, at the current time the site accounts for 50 million users per day, last year the monthly index was about 4Z0 million.

The Reddit team will continue development of the project in collaboration with the Ethereum Foundation and are recruiting engineers "who want to keep a decentralized Internet".

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