The Reddit platform, which calls itself the "home page of the Internet", today announced that it has entered into a partnership with the Ethereum Foundation to develop blockchain scaling solutions.
"We are committed to accelerating progress in scaling and developing the technology needed to run large-scale applications such as Community Points based on Ethereum. The scaling technology developed within the framework of this cooperation will be based on the principles of open source, and anyone can use it," writes the administrator of the jarins portal.
Together, Reddit and the Ethereum Foundation can both create new solutions for scaling the second level, and bring the already proposed technologies from the design stage to the operational stage.
Last year, as part of the Community Points program, Reddit launched its own tokens for users of the r/Cryptocurrency and r/FortniteBR subreddits. Its idea is to reward users for high-quality content with the ability to exchange tokens for insignia and other privileges. ERC20-MOONS and BRICKS tokens are represented in the Rinkeby test network, but users have found a way to exchange them for real cryptocurrency.
Over the summer, the portal encouraged developers to offer solutions to scale their cryptocurrency initiative with a view to potentially expanding it to its multi-million user base. Currently, the site is visited by more than 50 million users every day.
"At this stage of cooperation, our efforts will focus on bringing Ethereum to the scale of Reddit's activities. Our blockchain activity will be led by the Reddit crypto team. We are currently hiring backend developers who want to create a decentralized internet, " jarins added. – If you are interested in solving complex tasks, including scaling and bringing the blockchain to millions of users, please contact us."
Nice one
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