-170 upvotes, 17 direct replies (showing 17)
View submission: Introducing Collectible Avatars
Your wallet on Reddit (we call it your Vault) is built to be user-friendly and simple to use. A lot of crypto and NFT scams involve tricking people into making blockchain transactions, which is hard to do with Vault by design.
You don’t need to hold any cryptocurrencies in your Vault or use your Vault to purchase Collectible Avatars; it’s just for storing your virtual goods. We’ve been testing Vault on a limited basis for a while now; you can check out more info on Vault here[1] and here[2]. Let us know if you have more questions!
1: https://reddithelp.com/hc/en-us/articles/7558997757332-Reddit-Vault-Basics
2: https://reddithelp.com/hc/en-us/articles/7559087906324-Reddit-Vault-Advanced
Comment by [deleted] at 07/07/2022 at 16:10 UTC
204 upvotes, 3 direct replies
[deleted]
Comment by xach_hill at 07/07/2022 at 16:28 UTC
44 upvotes, 2 direct replies
A lot of crypto and NFT scams involve tricking people into making blockchain transactions, which is hard to do with Vault by design.
The biggest crypto scams are pump & dumps/rug pulls, which there is literally 0 way to account for. How can Vault *possibly* stop individuals falling for these, if they appear completely legitimate on the surface? I'm genuinely not sure what other scam you're describing - If you mean someone making a phishing wallet pretending to be someone/something else, how does Vault protect against this? I can't see anything described in your links about this.
Also, is Vault just for reddit NFTs, or are you hoping to expand outwards?
Comment by Reptile449 at 07/07/2022 at 16:22 UTC
53 upvotes, 2 direct replies
What's the point of using a blockchain if the only way it can be interacted with is to see NFTs in your reddit vault?
Comment by angelar_ at 07/07/2022 at 18:54 UTC
11 upvotes, 0 direct replies
y'all they called it a vault, a vault is more secure than a wallet, and so
Comment by BloodDragonSniper at 07/07/2022 at 17:01 UTC
15 upvotes, 2 direct replies
Isn’t literally every blockchain designed to be hard to trick people? And doesn’t it fail every time someone is tricked? What makes yours different, TwOfAcToRaUtHeNtIcAtIoN?
Comment by illegiblebastard at 07/07/2022 at 16:42 UTC
11 upvotes, 0 direct replies
Care to disclose who you outsourced/partnered with this on this?
Comment by HarmonyQuinn1618 at 07/07/2022 at 20:13 UTC
6 upvotes, 0 direct replies
A lot of crypto and NFT scams involve tricking people into making blockchain transactions
Except the post literally says the avatars will be on the blockchain.
Comment by OnlineGrab at 08/07/2022 at 01:02 UTC
7 upvotes, 0 direct replies
Then what's the point of using a blockchain at all? For all we know the avatars could be a row in your SQL database.
It's almost as if you're using "blockchain" as a marketing buzzword...like 99.9% of crypto projects out there.
Comment by [deleted] at 07/07/2022 at 16:36 UTC
16 upvotes, 1 direct replies
If you want people to buy reddit premium. Include an option to rename our usernames.
We will buy it.
Comment by holyoctopus at 07/07/2022 at 17:09 UTC
14 upvotes, 0 direct replies
What a generalization of crypto to paint yourself as the hero with your vault. Disgusting. Fix the video player before you push NFTs with no true ownership.
Comment by Overgrown_fetus1305 at 07/07/2022 at 19:05 UTC
11 upvotes, 1 direct replies
There's no way to do this without being an environmental disate, it's pointlessly burning more fossil fuels on vanity projects, am not what we need in light of the latest IPPC climate reports. This sort of thing (plus Tencent partial ownership) is why you'll be getting my modding, but not my money. On the claims they can be "green", u/RonDunE made a really good point about the WWF having discovered otherwise that they fell for a stack of greenwashing: https://www.theverge.com/2022/2/8/22923530/world-wildlife-fund-nft-polygon-layer-2-blockchain-energy-emissions[1][2]
It's bad enough that there's cryptospammers (if not in truth, crypto subs) on Reddit, really don't think doubling down on it is going to help your share prices given that they are a bubble as others have pointed out...
Comment by sekoku at 08/07/2022 at 00:03 UTC
4 upvotes, 0 direct replies
Way to side step the question, I'll repeat it for them since it's clear you admins are avoiding it. Maybe I should bold it for you so you can see it clearer:
**How secure is a wallet on reddit?**
(Spoiler: You're word-salading and avoiding the question because we all know the answer: It isn't secure.)
Comment by jmerridew124 at 08/07/2022 at 17:09 UTC
3 upvotes, 0 direct replies
You must think we're fucking stupid
Comment by Terror-Error at 07/07/2022 at 22:51 UTC
5 upvotes, 1 direct replies
Looks like it's time for another site wide blackout!
It seems this is the only way to keep the reprehensible behaviour of the reviled creatures known as 'Reddit Admins' in check.
Comment by tatooine at 07/07/2022 at 22:14 UTC
4 upvotes, 1 direct replies
If this is what they have you working on, you should leave while you still have a career to save. Crypto is going to be a long term black mark mate.
Comment by [deleted] at 08/07/2022 at 01:09 UTC
3 upvotes, 0 direct replies
Let us know if you have more questions!
Yeah I have one.
What are family dinners like? Are your parent more ashamed, or confused, would you say?
Comment by Rokey76 at 07/07/2022 at 21:10 UTC
1 upvotes, 0 direct replies
I went to set up my vault, but it said my password could never be recovered. No thanks.