Reddit employee known as jarins has announced a partnership between the company and the Ethereum Foundation, a non-profit organization that supports the Ethereum program and development.
On the evening of January 27, a message from one of the Reddit administrators appeared on the Ethereum subreddit announcing the partnership and congratulations to the Ethereum community. A Reddit employee known as jarins writes that this is the company’s first partnership in the blockchain industry.
According to the administrator, Reddit, with daily activity of more than 50 million users in hundreds of thousands of groups, remains one of the servers for independent development of many communities. With this partnership, the company will expand its participation in the blockchain and cryptocurrency space, accelerate the development of the Ethereum ecosystem and provide it with new resources. In this way, millions of users will learn about the values and independence of blockchain technology.
The collaboration started with the Scaling Bake-Off online conference held on Reddit, now taking it to the next level. With Rediit Ethereum, new opportunities for scaling in the development and development of decentralized applications. The Ethereum team will receive technology to develop and run high-load applications such as community dots. They will give users new opportunities for decentralized ownership and self-government of communities.
Community Points are a program to motivate users and give them the ability to independently manage the community on Reddit. Community Points are currently in beta on the Rinkeby testnet and are being tested on the r / CryptoCurrency and r / FortNiteBR subreddits. Under this program, users receive tokens (CP) for helpful articles and comments. These tokens circulate on the blockchain and are not controlled by Reddit. You can spend them on badges, emoji, animated pictures, etc. But the most important thing is that the owner of a large number of CPs gains more weight in voting and decision-making within the community.
On the part of Reddit, a specialized team will be engaged in development on the blockchain, which already has vacancies for engineers and other employees. Moreover, jarins promises some more exciting news in the coming months.
The community received the information about the partnership with enthusiasm and more than a hundred comments have already been left under the article. Jarins wrote that he and several people from the Ethereum Foundation will be watching the thread and answering all user questions.
