Reddit is partnering with the Ethereum Foundation in an effort to boost Ethereum scaling efforts.Reddit is a social news aggregation, web content rating, and a discussion website.
Currently, Reddit and its users are in a shake up battle with Wall Street.They have band together largely because of an army of traders in the Reddit group were buying stock to hurt short sellers, and hedge funds that have bet against GameStop.
Now the Ethereum Foundation is extending its partnership with Reddit in order to bring decentralization to its users.
In a shared post on Wednesday, Reddit said that the social media platform is ramping up its commitment to blockchain and offering more of its efforts and resources to the Ethereum scaling mission. The official partnership comes on the heels of Reddit and the Ethereum Foundation’s joint venture Scaling Bake-Off challenge that took place last year.
During which teams competed to offer the best Ethereum scaling solutions, to help Reddit support its Community Points Function for their users. Reddit’s Community Points program is built on top of Ethereum and rewards Reddit users with points for the most popular comments posted to the site.
Reddit’s newly instituted crypto team, will allocate a portion of its manpower and resources focusing on the Ethereum Foundation infamous problem of scaling. This project was Reddit’s first attempt to utilize blockchain technology on its platform. The Reddit crypto team is currently looking to hiring so called “Backend Engineers” to help complete the task.
Reddit administrative personal is making it known that if anyone is interested in participating in the creation of a decentralized internet, they can apply directly on the Reddit careers page or send a personal message expressing their interest.
