Reddit mods dumped tokens hours before blockchain program termination
This time on Reasons Why Crypto Based on Reddit Karma Blockchain Points Is Dumb: potential fraud!
This time on Reasons Why Crypto Based on Reddit Karma Blockchain Points Is Dumb: potential fraud!
RheingoldRiver, Huh? Didn't they start this like last month? Or is this not the "get money from your contributions" thing?
ThatOneKirbyMain2568, No, this is a different thing that was around for over a year but that a lot of people weren't aware of until recently. Iirc, they were these karma-based blockchain points that a subreddit could have. Don't remember much of the details
Sandra, It was the reason I quit* Reddit a li'l ahead of the bigger Reddit migration. Not a fan of proof-of-work.
*: not entirely but waaaay cut down
xep, Obvious by now that scamming gullible people is the only use case for crypto.
HubertManne, whats sad is it does not need to be. gridcoin has a steady value based on the grid computing it provides (outside of a brief spike when idiots where buying anything labled as crypto). As far as I know its the only example where the value has any meaning.
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