1 October 2026
Reddit Invites Users To Scale Ethereum Crypto Rewards System
Reddit has come in partnership with Ethereum Foundation and together they will explore scaling solutions for Reddit's crypto-powered rewards system, asking the crypto community to submit and vet proposals.
Reddit shared the post where it stated, "Our goal is to find a solution that will support hundreds of thousands of Community Points users on mainnet today and can eventually scale to all of Reddit (430 million monthly users)."
In the previous month, Reddit announced that they are testing two ERC-20 tokens- ‘Moon’ and ‘Brick’ and it will be issued to members of subreddits Cryptocurrency and FortniteBR, respectively. The project seems to be successful as it has attracted over 17,500 users, who made a total of over 20,000 transfers over the past month.
The drawback is Ethereum scaling issues as they are restricting many mainstream platforms to use the blockchain as high traffic might break the services. Currently, Ethereum can manage 15 transactions per second but the developers are working on Ethereum 2.0 which will utilize Proof-of-Stake (PoS) and sharding to scale.
Reddit post further added,
“It’s unclear how to determine the best solution. There is a lot of code, a lot of documentation, and a lot of hype out there. But there are very few objective real-world reviews or comparisons of various products/implementations. We need the Ethereum community’s help to figure this out.”
Reddit is seeking scaling proposals from the developers and demos on the Community page by July 31.
Reddit is giving its users a chance to earn fame but there is no prize or reward if anyone’s solution is chosen or modified to meet Reddit’s needs.
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