BuckyThe new system to replace Reddit coins and awards is here. You got out at the right time.
bloopernovaGuaranteed that people smarter than the reddit staff will exploit their processes or code to cause mayhem and chaos.
100% guaranteed.
I hope so. It’ll be fun to watch.
yukichigaiI can hardly wait for someone to find a vulnerability in their blockchain implementation that allows community points to execute arbitrary code.
RiccosuaveAfter watching the literally insane ACE that speedrunners have been able to figure out, I’m pretty sure you’re hitting the nail on the head. Someone is going to get up to some serious skulduggery with this one.
👍Maximum Derek👍Community Points are the first step towards a better future for online communities. In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away. With the advent of blockchain technology, we now have a way to establish this freedom in a decentralized and secure way.
The way to be independent of Reddit is by having a token on a blockchain maintained by Reddit?
Guys, you missed the block chain boat, this isn’t going to save your IPO
They’ll do something with AI in 3 years or so, if they still exist.
Y’all heard about that Web 2.0 thing?
theJWPHTER88Although I'm not in any way aware or alive when that was happening back then - that ".com bubble" blast I think? - I surmise that was a real crash-and-burn phenomenon, McKinstry's "CR6" internet show being one of its casualties, despite its significance in online emergent media history.
Dot.com bubble was web 1.0. Big centralized sites like Reddit are web 2.0.
KIM_JONG_JUICEBOXIsn’t anything post dot com bubble considered Web 2.0?
So we’re still in Web 2.0, or when was the cutoff?
The dot com bubble was late 90s, early 2000s, tons of companies went under. Lot of jobs and VC money lost. People had to rethink how they could monetize, stop a lot of advertising scams, and what was really worth investing in that might return a profit.
In a few months all content in Reddit will be AI generated
empireOfLove*weeks
rem26_artright? Blockchain is so 5 years ago
What are you talking about? By the way, could I interest you in some GameStop stock?
Spez has been jonesing for redditcrypto since 2016.
Well yeah how else is he gonna pay for his jailbait cp
With their servers always going down I assume they won’t mine this thenselves. I bet they push that load out onto user clients lol.
Also an odd statement from a company that just strong armed a bunch of communities into either conforming or having their leaders replaced.
FYI, this isn’t exactly news, it’s been publicly announced over a year and a half ago. I’m not a fan of Reddit’s doing either, but after reading this comment section I feel like this needs to be put into perspective a bit.
MentalEdgeHoly shit.
I did not expect the next wave of new users on Lemmy to be happening this soon.
New LemmyFediverse boi since the Great Purge, this is seriously happening again, already? Glad I got out when I did. Compared to the old place, experiencing and interacting with Lemmy is like a calming dip in the Great Link (not a Changeling honest)
Yeah same. There are a couple of communities over there that I kind of miss, although one or two of them have been recreated on Lemmy basic nobody posts on the yet, or they get continually brigated.
I need to check out the other servers though. Lemmy is just so far superior to what Reddit was in how it’s fundamentally designed.
Batten down the hatches mateys. Tharrr be a storm brewin’ ☠️ 🏴☠️💀
Me neither. How long till old.reddit.com goes away? That was supposed to be the next big spike in the Lemmy growth curve.
I can’t believe I read that whole thing. I take that back, I can’t believe Reddit actually thought this was a good idea and put it out into the world.
Well in January I believe they told third party app developers that they weren’t going to charge for the API this year (but that someone was in the works). Then May I believe is when reneged on that? June? I know the charging went into effect on July 1.
In May/June Spez said that old Reddit wasn’t going anywhere. So we can extrapolate ~October for them to announce it’s ending, and then it being killed by the end of the year.
Scotty_TreesI’m still using Old Reddit so the second it goes down you’ll definitely be hearing about it, at least from me 😉
At least we got some better mobile apps now. Hopefully Photon gets replaced as a front page on more instances too. That’d get a lot more people to stay.
🇵🇸 Free Palestine 🇵🇸Photon is really amazing. I hope it gets the support and attention it deserves
Same
Oh well, can’t wait for the all new people to come here
Line Goes Up – The Problem With NFTs
If someone pitches you on a "great" Web3 project, ask them if it requires buying or selling crypto to do what they say it does.Sources and Further Readinghtt...
TheGoldenGodAs soon as I saw “blockchain”: 🙄
In the real world, communities are independent entities, free to choose where and how they hang out. No one tells them what to do or where to go.
I guess the people who run Reddit really think none of their audience was educated by say… Snoopy… or seen a “no skateboarding” sign in their life. You can just hang out anywhere IRL!
No Dogs Allowed!
Holy. Fucking. Shit.
“Own your community with our blockchain bullshit, but fuck you gently if you try to exert any control over it if it works against our IPO.”
What a bunch of shitbirds. Fuck me, I’m so glad I’m shut of that dumpster fire. Let 'er burn.
Oh wait that platform still exist? Damn it’s been so long… I’ve forgotten about it since June 12
Lmao the crypto bros on reddit are talking about how amazing this is - fucking morons lmao
rabHow do people honestly not see that crypto is a ponzi scheme
Oh no they see it as exactly a ponzi scheme- they just think they’re all soooooo smart and soooooo slick that they’ll DEFINITELY end up being the Bernie Madoff at the top of the stack of cash, and not just another one of a million suckers left holding the bag when it all falls apart.
Lmao some crypto bro was lurking and downvoted this whole comment chain. 😂
In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away.
Is this a fucking joke
Reading this: are they implementing ActivityPub?
Blockchain
Oh sweet lord, no. No, they are not.
RBGSomeone at Reddit had Blockchain missing in their buzzword bingo for 2023, I swear.
pelespiritI think that’s their point, to sound like the Fediverse but is actually a different way for them to get money and control the narrative. They’re also possibly trying to take away shutting down shitty sites “by giving the communities control.”
Like, they’re giving users monopoly money, and try to pass it off as control. Like, the fuck are they gonna do with the monopoly money?
the fuck are they gonna do with the monopoly money?
Simple - the illusion of control. And, I’m sure the users will.
ZeroXHunterThank goodness, I wasn’t the only one. I really thought they were talking about activitypub.
So long as you have Reddit Mobile installed since your vault is tied to it
That’s been their mission ever since they bought and killed alien blue and released a pile of shit in its place. They can’t make a good app so have been slowly tying more and more exclusive features to it, and to new Reddit, hoping that this new shiny useless thing that no one asked for or wanted will get people to use it. I think with interest rates rising, their investors are looking for profits higher than t bills and so this trend that has been going on for the past few years is now kicked into overdrive.
Yeah, it is. It’s nothing new. Here is a post about it from 3 years ago:
reddit.com/…/reddit_community_points_faq_guides_m…
I love shitting on reddit as much as the next guy, but I don’t think they are actually implementing this.
They’ve updated their preview feature TOS as recently as last month to push forward with avatars and community points, I reckon they’re just biding time to sync it with the next bull run to maximise value and heighten chance of seeming like they have genius cutting edge foresight.
The bottom of that’s also funny because it makes it clear their smart contract is permissioned and if they don’t like what you do with your virtual goods they can remove them from you. Very immutable, wow, such ownership.
Thanks for this! I was having trouble finding anything with a recent date on it related to Community Points.
That makes me wonder if Reddit is trying to keep this under wraps until release date, so that their remaining userbase doesn’t have another protest. It’s kind of crazy that they have been working on this crypto garbage for three years, yet don’t have the foresight to see that this is going to backfire. Is there anyone, aside from crypto bros., that are even interested in crypto and NFTs anymore?
“Failure to follow and comply with the above rules may constitute a breach of the Previews Terms and result in a temporary or permanent ban from Reddit or certain subreddits or removal of your access to Reddit Econ Goods.”
So they can take your coins at any time if they don’t approve of something that you do.
“By using any Feature, you understand that the Feature may be canceled at any time for any or no reason, in our sole discretion, without advance notice or liability to Reddit. We reserve the right to modify, suspend, or discontinue any Feature (in whole or in part) at any time, with or without notice to you…There will be no refunds if any Feature is no longer usable on or through the Services.”
Also, they can get rid everyone’s coins at any time without reimbursing them. I hope Community Points will be the final nail in Reddit’s coffin. It would be really funny if Reddit was killed by crypto.
Oh there’s a ton of interest but just kept to shitcoiners for now - the subreddits are nothing like they were during the bear market around 2019, back then it was a ghost town even with a subscriber count of 800k but now they’re still very active due to an influx of millions of users (6m subs on the main shitcoin sub).
It’ll all likely swing back up in the next two years and become a media and scam frenzy again, then another crash, rinse, repeat.
Reddit shilling decentralisation and ownership knowing how they’ve acted the last few months is hilarious though, they’ve been prideful of saying “nope you don’t own shit,now fuck off somewhere else” and spez bootlickers have been parroting it endlessly too. Seems odd that they’re the people Reddit are going to have to advertise this… Fauxnership to.
I’m not sure if I agree that crypto is going to swing back up, or at least not like it did in 2021. The subreddit may have more than 6 million users, but it doesn’t have any posts in the past week with more than 1000 upvotes. In reality, the crypto subreddit has a smaller userbase than Lemmy. That’s probably not entirely representative of the entire crypto community, but I think that it does indicate that a lot of people have lost interest.
I’m definitely looking forward to seeing how it all goes down though. I’m glad I’m on Lemmy now.
It was much worse in 2019, a post hitting over 100-200 was unusual and the comment sections were beyond dead. Most comment sections these days are still filled with hope, in 2019 suicide hotline threads were a weekly occurrence or more.
We’ll see anyway, the BTC halving has led to a run 3 times in a row so far, just like clockwork. Barring another recession I just see the same pattern forming.
danieltonSo they want to claim they are like Lemmy, but without doing what Lemmy does. Got it.
jeffwStep 1. Kick out all the mods from the past 15 years
Step 2. Spez temper tantrum
Step 3. Give ownership to ??? Mods and content creators??? Or some shit???
Step 4. Pr?f?t???
Step 3. Pretend to …
Step 3.5 Blockchain!!!111
Step 5. Cut a hole in a box