Comment by Oxygenjacket on 13/05/2020 at 22:32 UTC*

331 upvotes, 31 direct replies (showing 25)

View submission: Introducing r/CryptoCurrency Moons

Damn! I wasn't expecting this to be out so quick.

330 million Reddit users getting an ethereum wallet.

Replies

Comment by DOGECOlN at 14/05/2020 at 00:09 UTC

91 upvotes, 6 direct replies

Ya, major props to reddit on this front. They are delivering even if it has some kinks. I got an ETH error trying to claim moons which seems to be an "insufficient gas" error since vaults don't seem to have any (testnet) ETH to withdraw their moons from the contract. But that's ok. Small kinks, still super excited. I'm glad they're rolling it out. As long as the contracts are audited (which they said they are, security first!) the small front end kinks/issues like gas stuff is just a minor hiccup. Really excited for this.

Comment by dunno-what-name at 14/05/2020 at 00:01 UTC

16 upvotes, 3 direct replies

Yeah it’s pretty sweet tbh! Instant huge exposure.

Comment by Damien_Targaryen at 14/05/2020 at 04:12 UTC

29 upvotes, 4 direct replies

SO FUCKING BULLISH. SEND ETH TO THE MOON! 🚀

Comment by PocketSandThroatKick at 14/05/2020 at 01:01 UTC

12 upvotes, 0 direct replies

Oh hell yes. Eventually.

Comment by thelionshire at 14/05/2020 at 03:32 UTC

3 upvotes, 2 direct replies

Yeah, this is definitely cool and a great way to bring crypto to mainstream users! Interested to see how it turns out - hopefully it can grow to other topics and platforms when proven successful!

Comment by CryptoCrackLord at 14/05/2020 at 18:16 UTC

2 upvotes, 0 direct replies

First time I’ve even heard about it. This is seriously good for crypto adoption. Having a wallet in so many peoples hands is amazing

This must be the most mainstream usage of a blockchain yet.

Comment by [deleted] at 14/05/2020 at 07:20 UTC

1 upvotes, 1 direct replies

Not really, only cryptocurrency sub will create a vault, but still great stuff

Comment by dumplingcompromise at 14/05/2020 at 11:05 UTC

1 upvotes, 2 direct replies

I was under the impressions this sub was anti-eth?

Comment by Xexr at 14/05/2020 at 11:41 UTC

1 upvotes, 0 direct replies

This is super cool and directly injects crypto currency principles and language into the reddit user base.

An ethereum wallet for all without everyone necessarily understanding they have one is the kind of abstraction I always thought would be part of the mass adoption journey.

Launching on test net first seems sensible but I do wonder how this will work at scale on main net, especially as it seems every transaction is on chain from what I can see. Are rollups feasible?

Finally, I’d love to know what the long term plan for gas payments is. Surely Reddit can’t support that cost forever? Maybe they’ll auto covert a portion of the 20% of each subs token each month to eth to fund a gas pool. Requires some of the sub tokens to ascribe real value to work though.

Loved the UX experience, beautiful art, easy to understand. Great FAQ too.

So many questions but such a cool experiment. Congrats to all involved.

Comment by adotjdott at 14/05/2020 at 12:43 UTC

1 upvotes, 1 direct replies

More like 1 million since it’s only this sub. But yes exciting developments nonetheless!

Comment by ytyno at 14/05/2020 at 13:49 UTC

1 upvotes, 0 direct replies

I was :D. Created a vault(wallet) 1 month ago.

Comment by themanualbot at 14/05/2020 at 16:15 UTC

1 upvotes, 0 direct replies

What do you expect more? More congestion on eth network incoming.

Comment by Epic_Deuce at 14/05/2020 at 18:56 UTC