![]() Arbitrum supports the same toolchain as Ethereum, and this makes it easier for developers to launch apps on top of Community Points. It offers users control of their Community Points and other blockchain assets. Reddit chose Arbitrum since the latter derives its security and finality from the base chain. RCP is an ERC-20 token, and Reddit plans to scale it further and offer additional use cases for the crypto by deploying it on the Ethereum mainnet.Īfter receiving proposals from several Ethereum scaling solutions, the social media giant chose Arbitrum since its optimistic rollups (layer two constructions that run on top of Ethereum's base layer) are the most promising ones for scaling RCP. On July 22, Reddit announced on r/ethereum that it had chosen Arbitrum for scaling Reddit's Community Points (RCP) to the Ethereum Network. MOON price rallies in response to Arbitrum news ![]() The social news aggregator has finally zeroed in on Arbitrum for its scaling, which has caused a rally for its Moon native token. In 2020, Reddit called for proposals from Ethereum scaling technologies for Reddit's Community Points. Arbitrum will be tested on top of the Rinkeby testnet before the social media giant migrates.Reddit plans to scale its community points with Arbitrum, a layer two Ethereum scaling solution. ![]()
0 Comments
Leave a Reply. |