Express

Reddit’s Blockchain Rewards Will Migrate To Ethereum by 2021

Ramsey Baker

Summary: Reddit, the popular social blogging platform, confirmed that its blockchain community points system, which is run on the Rinkeby testnet, will be moving to the Ethereum network later this year. The reward system, which was announced On May 13, will operate on a test-net until autumn 2020 at the earliest. A Reddit post confirmed that points will ...

Reddit, the popular social blogging platform, confirmed that its blockchain community points system, which is run on the Rinkeby testnet, will be moving to the Ethereum network later this year.

The reward system, which was announced On May 13, will operate on a test-net until autumn 2020 at the earliest. A Reddit post confirmed that points will comprise ERC-20 tokens, however, the system is not to be moved onto the Ethereum mainnet until the beta is done.

By Ramsey Baker

Last Update:

Tags: ,,,,
Link: Reddit’s Blockchain Rewards Will Migrate To Ethereum by 2021   [Copy]
Next:

Related Articles

  • Runes on Bitcoin: The Next Big Opportunity? 12 hours ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 6 days ago
  • The Value of Web3 Social, Explained 6 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 19 days ago
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 21 days ago

    • You need to login to comment.