58 upvotes, 7 direct replies (showing 7)
View submission: The Great Reddit Scaling Bake-Off
[deleted]
Comment by decibels42 at 19/06/2020 at 00:39 UTC
19 upvotes, 0 direct replies
Saying the important things, props for stepping up Phiz.
Comment by Savage_X at 19/06/2020 at 14:31 UTC
9 upvotes, 1 direct replies
The economic fundamentals here are different though. A scaling solution isn't doing charity work, it will be capturing value from fees that are going through the system and if Reddit onboards 430 million users to your system, this will translate into a huge amount of value over the long term. Reddit will also inevitably be doing a significant amount of integration work with any scaling solution, and the entire ecosystem will benefit from that.
And from the base layer side, anyone holding ETH wants to see this happen because some of that value will flow down to the base layer and create strong network effects.
would take at least 60 hours to develop
More like 6000 :)
Comment by datramt at 19/06/2020 at 01:38 UTC
8 upvotes, 1 direct replies
It kind of sounds like there were legal reasons preventing them from offering incentives.
Comment by Ninjanoel at 20/06/2020 at 10:01 UTC
3 upvotes, 0 direct replies
many of the scaling solutions have their own tokens that power their 3rd party side-chain/whatever, so this would be getting the biggest player in the space to use their technology, their work would be paid for in a kinda the same round about way many free open-source software make money, while not directly charging anyone.
also, they shouldn't even need a token to do well out of this, they aren't asking for a new 'from scratch' solution, instead they are detailing their requirement and 'putting it out to tender', anyone that wins reddit's business is going to do well anyway.
Comment by NorskKiwi at 19/06/2020 at 10:03 UTC
2 upvotes, 0 direct replies
I disagree. There is no finished product and an Ethereum competitor is potentially in a better position to actually achieve this project. Ethereum foundation should step up here, it's immense marketing for them.
Comment by jtnichol at 19/06/2020 at 12:52 UTC
2 upvotes, 0 direct replies
I'd like to zoom with you on this topic.
Comment by DeviateFish_ at 19/06/2020 at 02:03 UTC
-2 upvotes, 0 direct replies
I am a little disappointed that Reddit is pointedly refusing to offer any incentive for this work.
Reminds me of the Ethereum Foundation and the Javascript ecosystem.