390

Reddit’s blockchain-based “Community Points” rewards crash after sunsetting(arstechnica.com)

posted
by
Avatar
L4sBot@lemmy.worldMB
in
Avatar
technology@lemmy.world
45 comments
hidereport

Reddit’s blockchain-based “Community Points” rewards crash after sunsetting::Tokens based on subreddit reputation saw dips over 85% after the announcement.

Sort:
HotTopControversialNewOld
You are viewing a single thread.
View all comments
Avatar
Hildegarde@lemmy.world
36 points

What could possibly be the point of a decentralized currency that is utterly dependent on a centralized system?

permalink
report
reply
Avatar
ours@lemmy.world
15 points

Just another database posing as “blockchain” to sound hip.

permalink
report
parent
reply
Avatar
asudox@lemmy.world
7 points

Answer: no point.

Probably to get the normie crypto people to use Reddit.

permalink
report
parent
reply
Avatar
TwilightVulpine@lemmy.world
4 points

“Normie crypto” sounds like an oxymoron

permalink
report
parent
reply

Technology

!technology@lemmy.world

Create post

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

Community stats

  • 17K

    Monthly active users

  • 12K

    Posts

  • 556K

    Comments

Community moderators