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“Not sure, I just have the regular official app, didn’t install anything special.”<\/p>\n<\/div>\n<\/div>\n<\/blockquote>\n<\/div>\n<\/div>\n
After some poking around, Decrypt, who managed to contact a spokesperson of the American social media giant, found out some more details. Their report indicated<\/a> that Reddit is “working with one community to test a feature that represents a user\u2019s involvement in a community.”<\/p>\n
According to a recent follow-up from Mago<\/a>, the project will use Ethereum-based ERC-20 tokens called “Community Points” that allow power users to access certain aspects of a community. A text from the Reddit feature Mago shared reads:<\/p>\n
“Community points are fully controlled by the people who own them. They live on the Ethereum blockchain, which is the same technology as Bitcoin to guarantee property rights and control. Even Reddit cannot take them away.”<\/p><\/blockquote>\n
These points, the video of the beta program indicates, are seemingly different than karma, the traditional point-system on Reddit.<\/p>\n
UPDATE: Reddit’s blockchain-based points system confirmed to be on Ethereum, and lot more!<\/a>
by u\/MagoCrypto<\/a> in CryptoCurrency<\/a><\/p><\/blockquote>\n