https://www.reddit.com/r/ethereum/comments/opi5rg/scaling_reddits_community_points_with_arbitrum/
created by jarins on 22/07/2021 at 17:04 UTC
737 upvotes, 50 top-level comments (showing 25)
Hello Ethereum world!
Last year, we launched Community Points[1] – tokens on Ethereum that give more ownership and control back to users through decentralized technology. Soon after, we invited the crypto community to a Scaling Bake-Off[2] to help figure out how to bring Community Points to the Ethereum mainnet. As we evolve these efforts, we’re continuing to work towards our commitment to blockchain, helping to accelerate scaling and resources for the Ethereum ecosystem and bringing the value and independence of blockchain technology to more communities and millions of redditors.
1: http://reddit.com/community-points
2: https://www.reddit.com/r/ethereum/comments/hbjx25/the_great_reddit_scaling_bakeoff/
Now onto the exciting Bake-Off news...we were deeply impressed by the breadth and quality of the projects that participated in the competition. Thanks to all your hard work, there has never been a more exciting time to be building on Ethereum!
After significant research and in-depth reviews of multiple projects, we found Arbitrum[3]’s optimistic rollups to be the most promising scaling technology for Community Points. Today, we are launching our own Layer-2 rollup using Arbitrum technology. We will be testing this scaling network on top of Rinkeby, before migrating to the Ethereum mainnet.
As we did our research, it was clear that different scaling solutions fit different needs. For us, there are multiple features that make Arbitrum stand out:
We have been working closely with Offchain Labs[7], the team behind Arbitrum, and we are excited to take our collaboration to the next level. We’ve been impressed by the quality of their work, the maturity and thoughtfulness of the team, and the progress they’ve made on bringing optimistic rollups to production. We look forward to continuing to work with them and the Ethereum Foundation[8] to bring Ethereum to Reddit-scale production in ways that will benefit the entire ecosystem.
4: https://twitter.com/haydenzadams/status/1397675095708086273?s=20
5: https://twitter.com/chainlink/status/1398438140969377792
6: https://offchain.medium.com/etherscan-is-coming-to-arbitrum-4f41edaff100
8: https://www.reddit.com/r/ethereum/comments/l6c3kx/reddit_announces_partnership_with_the_ethereum/
Today’s launch is a big step forward, but our work is far from done. Our goal is to cross the chasm to mainstream adoption by bringing millions of users to blockchain. If you are a top-notch engineer who wants to build a more decentralized Internet at Reddit-level scale, we want to work with you[9]! No crypto experience required. To learn more about our team and our project, apply on that link or shoot me a PM, I’d love to talk to you.
9: https://boards.greenhouse.io/reddit/jobs/2790178
If you have questions, I’ll be around in the comment section with some friends from Offchain Labs - ask away!
Comment by collision-detection at 22/07/2021 at 17:33 UTC*
223 upvotes, 4 direct replies
Happy to see that Reddit chose a true Ethereum Layer 2 scaling solution, which means that the Layer 2 (Arbitrum) inherits Ethereum's base layer security guarantees, as opposed to side-chains, which do not.
And of course, happy that the base layer is Ethereum since it is the only decentralized, permissionless, credibly neutral, general purpose blockchain in existence right now.
Well done.
Comment by Always_Question at 22/07/2021 at 17:26 UTC
49 upvotes, 2 direct replies
Now comes a perfect example of how Ethereum rollup tech is going to outperform (in terms of access, speed, cost, and decentralization) all other scaling aspirations of the various other projects.
Comment by Bob-Rossi at 22/07/2021 at 17:20 UTC
90 upvotes, 0 direct replies
That was the longest September of my life
Comment by Liberosist at 22/07/2021 at 17:50 UTC
32 upvotes, 1 direct replies
Arbitrum is certainly the best solution for scaling Reddit CP in the here and now. Excellent choice! Congratulations to Offchain Labs, well deserved.
Now let's move on to innovating with zk rollups!
Comment by cryptolipto at 22/07/2021 at 17:39 UTC*
23 upvotes, 1 direct replies
arbitrum won the bake-off!!! Congrats to the arbitrum team. This is huge.
Comment by AurynMacmillan at 22/07/2021 at 18:37 UTC
21 upvotes, 1 direct replies
Congrats to both Reddit and the Arbitrum/Offchain labs teams.
My only question is why deploy another instance of Arbitrum technology rather than using the canonical instance of Arbitrum?
Today, we are launching our own Layer-2 rollup using Arbitrum technology.
Comment by SwagtimusPrime at 22/07/2021 at 17:20 UTC
36 upvotes, 3 direct replies
Great choice. Rollups about to swallow all of DeFi.
Comment by [deleted] at 22/07/2021 at 17:37 UTC
13 upvotes, 0 direct replies
Moons to mainnet now? Holy shit
Comment by Savage_X at 22/07/2021 at 19:16 UTC
5 upvotes, 0 direct replies
Awesome to see these solutions able to finally start meeting Reddit's needs. This is the tip of the iceberg of course, but a huge step towards mass adoption.
Comment by efwuhbk at 22/07/2021 at 17:43 UTC
6 upvotes, 0 direct replies
awesome
Comment by Asklays at 22/07/2021 at 19:05 UTC
6 upvotes, 0 direct replies
good choice
Comment by pwnSTAAA at 22/07/2021 at 19:12 UTC
4 upvotes, 0 direct replies
Woohoo, congrats to Offchain Labs for winning the scaling bake-off with Arbitrum!
Comment by Bo_Jack at 23/07/2021 at 02:55 UTC
3 upvotes, 0 direct replies
Arbitrum is the future. Glad to see reddit knows best.
Comment by Hanzburger at 22/07/2021 at 17:32 UTC
5 upvotes, 0 direct replies
Very excited step for Ethereum!
Comment by [deleted] at 22/07/2021 at 18:36 UTC
5 upvotes, 3 direct replies
While the technology is interesting i think the community points have not made the subs better that have trialed them. A side wide rollout would be a huge mistake imo.
Comment by sourcex at 22/07/2021 at 17:23 UTC
2 upvotes, 0 direct replies
reserved
Comment by BradlyL at 22/07/2021 at 19:55 UTC
2 upvotes, 0 direct replies
Moon CryptoKitties *COMING SOON*
Comment by thepaypay at 22/07/2021 at 21:00 UTC
2 upvotes, 0 direct replies
Congrats to r/ethtrader and the $Donut squad for waiting almost 3 years! Great things come to people who wait! Very excited to see where this goes.
Fantastic work Reddit!
Comment by k3surfacer at 22/07/2021 at 21:06 UTC*
2 upvotes, 0 direct replies
Very nice. Now I just need a bit more moons.
Comment by OTA-J at 22/07/2021 at 21:26 UTC
2 upvotes, 0 direct replies
Btw, are there any community token other than MOON, DONUT and that Fortnite thingy?
Comment by killawaspattack at 22/07/2021 at 22:02 UTC
2 upvotes, 0 direct replies
Wow crazy stuff
Comment by oldskool47 at 22/07/2021 at 22:55 UTC
2 upvotes, 0 direct replies
I was here
Comment by diarpiiiii at 23/07/2021 at 00:01 UTC
2 upvotes, 1 direct replies
Does this change anything about Donuts on r/EthTrader ?
Comment by Revolutionary_Bad_55 at 10/08/2021 at 17:05 UTC
2 upvotes, 0 direct replies
welcome Arbitrum bye bye Cardano
Comment by LATech99 at 22/07/2021 at 17:29 UTC
3 upvotes, 1 direct replies
Wow - guess it’s time to start speculating & buying up those Moons & Bricks