An Official Reddit Blockchain Tip System May Be In The Works

Reddit may very well be about to implement a brand new blockchain-based factors system on its app, if a display screen recording posted within the Cryptocurrency subreddit immediately is to be believed.

Redditor MagoCrypto posted the video, which is a walkthrough of a brand new construct of the Reddit app that exhibits a characteristic with point out of neighborhood factors. When delving into the FAQs of the pockets characteristic there look like pages on distribution, pockets, backup and restoration, and on the blockchain.

The video, which has not been verified, suggests Reddit could also be experimenting with utilizing blockchain or a cryptocurrency-related to rewarding posts.

Roughly one yr in the past, Reddit trialed a “neighborhood factors” initiative which noticed customers rewarded in neighborhood factors for his or her engagement on the platform. It was first run on the r/ethtrader Reddit neighborhood, adopted by on the r/Stellar neighborhood.
Though the preliminary runs garnered assist from the neighborhood, this latest video exhibits many customers reluctant to include blockchain for the sake of utilizing a buzzword. Different customers are inquisitive about which blockchain will likely be used or if Reddit will develop its personal. The underlying query permeating the entire thread is “why blockchain?” One of many prime feedback merely asks, “Which blockchain?,” to which quite a few customers responded, “Ethereum,” though none may present any proof to assist the claims.

A blockchain-based ecosystem on Reddit may very well be a big step in the direction of mainstream adoption. In February 2020, over 1.three billion distinctive guests opened Reddit.com, with 430 million energetic customers reported throughout December 2019.

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