Reddit confirmed that later this year, its token rewards will be migrated to the Ethereum blockchain. On May 13, Reddit officially announced the community points system, announcing that the feature will be launched in the “limited community” within two days. However, the reward system will not run on the test network until the fall of 2020 at the earliest. The system will not migrate to Ethereum’s mainnet until the beta test is over. The system will be first beta tested on the Rinkeby testnet, but after the migration is completed, a set of Ethereum-based smart contracts will perform transmission, distribution, and other operations that support the reward protocol, and points accumulated during this period will also be carried forward.
Please follow and like us:
