Reddit rewards will move to the ethereum
Hello everyone i hope you all are fine amd safe from the coronavirus outbreak. Today i give you some information about the reddit. We all know in these days reddit is spreading like a fire all over the world. Lot of users have joined the reddit . Reddit is a social blogging platform . Where you can put long blogs like hive and steemit. In these days they are providing some changes to the reddit. Also i see lot of people are attracted to their social platform. But i think steemit is all time best for blogging.
In this update the reddit have tell that its tokenized reward will move to the ethereum wallet. I think we all know about the ethereum wallet. Which is used for trading cryptocurrency. Before this they will reward will run rinkeby testnet untill they move to the ethereum. They have tell till 2021 they will move their reward system to the ethereum. However the system will not move to the ethereum before beta .
Reddit have also conformed that the subreddit's won by any user will de donned with a unique name (moons) . They will give their rewards on the monthly basis based on the work done by the user by posting or commenting on the reddit. The moons can be used for trading purposes also. But at this time moons are used to show reputations , Gifs and other features of the reddit.
Reddit is also targeting a huge number of supply of moons tockens. They will give their users an initial distribution based how they have worked in till that time and how much reputation they have. I think reddit is done this for bringing lot of users to their platform. Recently i see one post on hive which was tell is their any impact on other platforms like hive and steemit by reddit and that person tells absolutely no steemit is a world's largest community and we have trust on steemit there will be no impact of reddit on steemit.
Thanks for reading
The problem with Reddit is full of garbage contents and the conversation is boring over there.
I agree totally.
I also agree with you
I can see the benefit of them tokenising their reward system and it may introduce more users to the concept of cryptocurrency and blockchain. That can only be a good thing.
As per a threat for Steem? I don't think it really will do. The content is quite different on the two platforms and here we have much better blogging content. Perhaps even the opposite, when people learn about blockchain on social media they may look around to see where else it is being used.
Yes you are right
@alexcarlos i don't use reddit as their are very less good content , it is big i know but don't have good quality. let see if this makes any improvement.
Yes
That's a very good news. Because reddit is a big and reputed social media platfor and if it's moving it's reward to ethererum which is best altcoins it is really sounds good me!! Thanks for sharing this news!
Welcome
Hello dear friend @alexcarlos, thanks for sharing this information.
Reddit is betting on expansion and they are making movements to try to keep growing, it is possible that it has many more users than steemit, I do not know, but I think steemit is one of the best platforms of this type, but the best.
That is my personal opinion.
Yes steemit is the best
Dear Alex
Kind of strange post. Could you tell me what does it mean:
And also I wonder why you didn't use any picutre within your post. Right now in results it doesn't have a thumbnail, which is making it look little bit like spam :(
Cheers, Piotr
Sir i have used the picture
Also i am not able to see this in my post
Sir i checked this text it is half url of my picture which i put in my post
I am not able to see this text in my phone i am able to see the picture only which i put in my post
I will definitely choose steemit over reddit any day.
Yes steemit is vary big and nice community