Home Finance News Reddit and Ethereum Foundation towards improving ETH for the Entire Ecosystem

Reddit and Ethereum Foundation towards improving ETH for the Entire Ecosystem

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Ethereum Foundation is partnering with Reddit. Aya Miyaguchi is all excited because Ethereum foundation is set to have an ongoing relationship with Reddit and more collaboration as they work together to improve Ethereum for the entire ecosystem.

Miyaguchi further stated how they continue to be impressed with Reddit’s vision, and on how they are maintaining their culture and philosophies.  These attributes of Reddit are the key in forming this relationship.  She further thanked, thanked Steve Huffman and Niraj Sheth from Reddit for their support.  And, also mentioned that she is looking forward to seeing how this evolves, and how it can benefit both Ethereum and the Reddit community.

This just means that we will be able to see a lot of scaling tools pop up very soon. Reddit is powerful in pooling developer intelligence.  It is important to note that Reddit has more than 50 million daily users.

The expectation is that Reddit working on layer 2 scaling tools will be able to push projects from the prototype stage to production.

Meanwhile, the Ethereum community members have to state that they are just waiting for Ethereum fees to scale so that small scale purchases are possible.

Onlookers are also positive about Reddit.  They have to state that they are already driving hedge funds nuts, joining Ethereum forces and adopting Web3 – DeFi, Governance voting, collectibles and other blockchain goodies – just feels perfect! 2021 starts just right.

Some of them were stating that it is not going to be possible to see Ethereum so much cheap every again and that this is the right time to get in. With the varied developments happening it is not possible to stop winning with Ethereum.

Ethereum Teams on DevCon

For clarity, Devcon is the annual conference for all Ethereum developers, researchers, thinkers, and makers.  This conference is also a way to celebrate the achievements through the Eth2 roadmap and also the countless breakthroughs and major progress by teams across the ecosystem.

The road to Devcon is filled with lot of events, virtual and in-person – including EthCC, which is scheduled to take place in July of 2021 hosted in Paris by Ethereum France.  Devcon Improvement Proposals are getting reviewed and very soon date related announcements are expected in this regard.

They are of opinion that they need to do this responsibly to ensure that people from across the world are able to make the trip this time considering the pandemic restrictions.  Some of them are wondering if a new date will be possible soon as they feel they need a bit more time

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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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