The new system to replace Reddit coins and awards is here. You got out at the right time.

Bucky@816am.ddns.net to Reddit@lemmy.world – 1363 points –
Community Points - Own a Piece of Your Community
reddit.com

Read all about it at the above link. There's way too much to process here. This is going to be wild.

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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?

Also an odd statement from a company that just strong armed a bunch of communities into either conforming or having their leaders replaced.

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.

Holy shit.

I did not expect the next wave of new users on Lemmy to be happening this soon.

Batten down the hatches mateys. Tharrr be a storm brewin' ☠️ 🏴‍☠️💀

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.

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 😉

Guys, you missed the block chain boat, this isn't going to save your IPO

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.

Spez has been jonesing for redditcrypto since 2016.

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.