Get the scoop on finance - sign up for mobile alerts
Ethereum
| On
January 30, 2021

Ethereum Foundation To Launch ‘Large Scale’ Applications on Reddit

By Daily Hodl Staff

Reddit is partnering with the Ethereum Foundation in an effort to boost Ethereum scaling efforts.

Reddit, which is one of the largest social media projects in the world and whose platform is currently in the spotlight as its users band together to take on Wall Street, is extending its partnership with the Ethereum Foundation in order to bring decentralization to its users.

ADVERTISEMENT

In a post Wednesday Reddit admin u/jarins shared that the social media platform is ramping up its commitment to blockchain and offering more of its efforts and resources to the Ethereum scaling mission.

The official partnership comes on the heels of Reddit and the Ethereum Foundation’s joint Scaling Bake-Off challenge that took place last summer in which teams competed to offer the best Ethereum scaling solutions to help Reddit support its Community Points function for its users.

Reddit’s Community Points program is built on top of Ethereum. The program rewards Reddit users with points for popular posts or comments. This project was Reddit’s first attempt to utilize blockchain technology on its platform.

Reddit’s newly instituted crypto team will allocate a portion of its manpower and resources to helping the Ethereum Foundation with the famous Ethereum scaling problem.

ADVERTISEMENT

The Reddit crypto team is currently hiring backend engineers. Admin u/jarin encourages anyone interested in participating in the creation of a decentralized internet to either directly apply on the Reddit careers page or even personally message them to express their interest.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/gonin