Read all about it at the above link. There’s way too much to process here. This is going to be wild.
Community Points are the first step towards a better future for online communities. In order to be truly independent from platforms like Reddit, communities need to be owned by their members in ways that platforms cannot take away. With the advent of blockchain technology, we now have a way to establish this freedom in a decentralized and secure way.
The way to be independent of Reddit is by having a token on a blockchain maintained by Reddit?
Holy shit.
I did not expect the next wave of new users on Lemmy to be happening this soon.
Poor Lemmy servers.
Me neither. How long till old.reddit.com goes away? That was supposed to be the next big spike in the Lemmy growth curve.
I can’t believe I read that whole thing. I take that back, I can’t believe Reddit actually thought this was a good idea and put it out into the world.
Well in January I believe they told third party app developers that they weren’t going to charge for the API this year (but that someone was in the works). Then May I believe is when reneged on that? June? I know the charging went into effect on July 1.
In May/June Spez said that old Reddit wasn’t going anywhere. So we can extrapolate ~October for them to announce it’s ending, and then it being killed by the end of the year.
I’m still using Old Reddit so the second it goes down you’ll definitely be hearing about it, at least from me 😉
At least we got some better mobile apps now. Hopefully Photon gets replaced as a front page on more instances too. That’d get a lot more people to stay.
Photon is really amazing. I hope it gets the support and attention it deserves
New LemmyFediverse boi since the Great Purge; this is seriously happening again, already? Glad I got out when I did. Compared to the old place, experiencing and interacting with Lemmy is like a calming dip in the Great Link (not a Changeling honest)
Yeah same. There are a couple of communities over there that I kind of miss, although one or two of them have been recreated on Lemmy basic nobody posts on the yet, or they get continually brigated.
I need to check out the other servers though. Lemmy is just so far superior to what Reddit was in how it’s fundamentally designed.
Batten down the hatches mateys. Tharrr be a storm brewin’ ☠️ 🏴☠️💀
Same
Oh well, can’t wait for the all new people to come here
Also an odd statement from a company that just strong armed a bunch of communities into either conforming or having their leaders replaced.
Almost like they’re creating the problem in order to sell the “solution”
FYI, this isn’t exactly news, it’s been publicly announced over a year and a half ago. I’m not a fan of what Reddit’s doing either, but after reading this comment section I feel like this needs to be put into perspective a bit.
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Guys, you missed the block chain boat, this isn’t going to save your IPO
Spez has been jonesing for redditcrypto since 2016.
Well yeah how else is he gonna pay for his jailbait cp
With their servers always going down I assume they won’t mine this thenselves. I bet they push that load out onto user clients lol.
right? Blockchain is so 5 years ago
What are you talking about? By the way, could I interest you in some GameStop stock?
They’ll do something with AI in 3 years or so, if they still exist.
Y’all heard about that Web 2.0 thing?
Although I’m not in any way aware or alive when that was happening back then - that “.com bubble” blast I think? - I surmise that was a real crash-and-burn phenomenon, McKinstry’s “CR6” internet show being one of its casualties, despite its significance in online emergent media history.
Isn’t anything post dot com bubble considered Web 2.0?
So we’re still in Web 2.0, or when was the cutoff?
The dot com bubble was late 90s, early 2000s, tons of companies went under. Lot of jobs and VC money lost. People had to rethink how they could monetize, stop a lot of advertising scams, and what was really worth investing in that might return a profit.
Dot.com bubble was web 1.0. Big centralized sites like Reddit are web 2.0.
In a few months all content in Reddit will be AI generated
*weeks
As blockchain tokens
Thanks I read enough.
Hey… Hey boss. I got an offer for ya. How would you like a crypto that you cannot take off of reddit! Only exists on Reddit. And gives you “exposure.”
“All the downsides of any other cryptocurrency, and like all the other ones, none of the upsides! It’s redditcoin!” *crowd jeers, C-suites look confused*
Exposure beans! For everyone!
You should continue reading. It’s a comedy gold mine.
Ok truthfully I read more, but that’s where I was like “That’s not going to fly”
“It is time for communities to break free of walled gardens and take ownership of their existence online.”
So, literally the fediverse ?
What a bunch of fucking assholes.
They should put their money where their mouth is - give out shares of their upcoming IPO for Karma. 10000 Karma = 1 share or something like that. If you thought their system was broken before, just you wait!
It is time for communities to break free of walled gardens
Lmao how can they say that with a straight face
Ah yes, the good ol’ “let’s solve this problem with blockchain”. I thought we’re already past that.
People who have contributed more to the community and earned more Points are able to have a larger say in the direction that the community takes.
When karma-whoring repost accounts have more say than actual community members… What could go wrong?
Can someone copy/paste it? I refuse to visit Reddit and give them views.
This reads like the propaganda of a MLM church.
Yes, get the internet back to the people, with money, but we don’t call it money. Also you were free to go and do what you want but we took this away, see you’re restricted, but now we give this option back, well …only partly because now it’s soaked with
money, we mean community NFTs. Isn’t this fucking exciting??? We make a shit ton of money, I mean… You will make money! Yeah! Get into the group!Corporate centralized social media: advertises “decentralization” through crypto People on actual decentralized social media: “That’s the stupidest thing I heard in the last 2 days”
Fuckin’ Reddit.
Adblockers should add reddit.com as a shaddy and unsafe link
How many community coins make a Shrute buck?
Guaranteed that people smarter than the reddit staff will exploit their processes or code to cause mayhem and chaos.
100% guaranteed.
I can hardly wait for someone to find a vulnerability in their blockchain implementation that allows community points to execute arbitrary code.
After watching the literally insane ACE that speedrunners have been able to figure out, I’m pretty sure you’re hitting the nail on the head. Someone is going to get up to some serious skulduggery with this one.
I hope so. It’ll be fun to watch.
I wonder if whoever wrote that announcement really doesn’t see the irony in what they wrote. Or maybe they do and they secretly hate reddit?
Either way, lollercoaster. Lollercopter. Lollapalooza.
I’m convinced a lot of admins are not happy with the direction reddit is going. You tend to notice it in little things, like them accidentally using old.reddit.com in their monthly newsletter. I’d love to see the shitshow going on behind the scenes.
When I read it, it sounded like they heard everything we were protesting in favor of, harvested all those words, and put it on the press release in order to try to convince some of the people on the edge of breaking free to stay, and maybe entice some of high-karma people who left to come back. All while glossing over that what they’re saying is the exact opposite of what they’re doing.
