Reddit Joins Ethereum Foundation to Build Scaling Tools

Reddit announced Wednesday; it will dedicate developer resources to support scaling efforts for Ethereum.

The social media firm is growing its role in the Ethereum ecosystem, building out scaling tools for the blockchain network.

The announcement gathered that expanding its work with the Ethereum Foundation to provide development resources to scaling tools. 

Reddit employee u/jarins said the move increases its commitment to the technology and echoes its long-held “decentralized ethos.”

“In this new stage of our partnership, immediate efforts will be focused on bringing Ethereum to Reddit-scale production,” the announcement said. “We intend to help accelerate the progress being made on scaling and develop the technology needed to launch large-scale applications like Community Points on Ethereum.”

Reddit and Ethereum Foundation partnership could result in Reddit working on layer two scaling tools or pushing projects from a prototype stage to production. 

The development resources, including a developer team, would be involved in scaling the platform. In the form of Reddit’s Community Points feature, the idea could support Reddit’s over 50 million daily users.

“Reddit’s Crypto team will lead our blockchain efforts,” the announcement said, adding the company currently has job openings for backend engineers.”

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