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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

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