Reddit is deploying Layer 2 scaling solution Arbitrum in a bid to upgrade its Community Points — the crypto tokens used as rewards in two of its subreddits — the popular forum announced on Thursday.
Initially the integration will remain on testnet, but it’s a step toward Reddit’s plan to move the tokens from the testnet to the main Ethereum blockchain via Abritrum. It will enable more transactions while still at low costs.
“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons/Bricks every month,” the Reddit team said in a statement. “They’ll just show up in your Vault like magic!”
Bringing blockchain to Reddit
Last year, the popular online forum launched the two Ethereum-based tokens, Moons ($MOONS) and Bricks ($BRICKS), as part of its Community Points program. Users in the /r/Cryptocurrency and /r/FortniteBR subreddits could earn the tokens for contributing quality content (in theory).
The tokens
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