Ethereum News

Reddit Asks Ethereum Community for a Scaling Solution

Reddit is working on scaling its recently added Ethereum (ETH) crypto rewards system, and has asked its own community to lend a hand.

“Ethereum” and “scaling” are words that are often paired together. But as the network moves towards its second iteration, named Ethereum 2.0, also known as Serenity, there are suggestions that any social media giant using the blockchain network needed to do some scaling of its own.

In what it calls the “Great Reddit Scalling Bake-Off,” Reddit has called on some 466,000 members of the r/ethereum subreddit to help with this conundrum by sending in their own demos until July 31 this year, or providing their feedback on each others’ demos.

However, the platform was keen to iterate that this is not a competition. While “some fame” will be earned, says Reddit, there will be no prizes offered.

The aim, says Reddit, is to find a scaling solution that will allow it to bring the token reward to the mainnet.

The company wrote,

“Please note that all demos need to simulate Community Points usage for 100,000 users.”

The blog post states that Reddit already looked into some promising scaling solutions, and that most existing scaling solutions “focus on the exchange use case, which favors optimizing for transfers.” The company adds that “many of these designs don’t take into consideration the costs of obtaining tokens or entering the scaling system, which can be significant.”

The post goes on to list a number of requirements for the demo, including a live proof of concept, documentation, decentralization, interoperability, usability, security, etc.

It adds that users maintain full ownership and control of their points.

The demos will be reviewed and updates shared by September. “While we don’t expect any novel scaling projects, we hope that you, the Ethereum scaling expert, can show us how to scale Community Points,” said Reddit.

Most comments thus far seem to be positive. Some users were concerned about the lack of prize, however.

A user named Cabrill wrote,

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