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]
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 22 minutes ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 23 hours ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 6 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 7 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 18 days ago
  • You need to login to comment.