Redditors are now spam-farming Bricks and Moons
Reddit users have discovered they can farm memes for ERC-20 tokens and earn returns comparable to minimum wages in Sub-Saharan Africa A new form of crypto-agriculture appears to be taking shape, with Reddit’s “community points” tokens facilitating the emergence of spam-farming.Reddit’s community points are given to users based on their activity within a given subreddit, with the feature currently activated for the platform’s cryptocurrency and Fortnite communities as ERC-20 tokens dubbed Moons and Bricks respectively.With the xDai-based decentralized exchange (DEX) Honeyswap recently....
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Reddit Moons’ price has now surpassed the price of Dogecoin. The r/CryptoCurrency subreddit native coin Moons continues to see tremendous growth. Reddit Moons are now worth more than the popular meme coin Dogecoin. r/CryptoCurrency Moons price saw increasing growth following the announcement of a new scaling network by the project devs. Using the Layer 2 […]
Despite still being on the Rinkeby testnet, holders of Reddit’s ‘MOONs’ have devised a way to trade the tokens for fiat. In defiance of Reddit's apparent wishes, crypto traders have devised a way to exchange the social platform’s ‘community points’ tokens for fiat — and it’s resulted in a pretty surprising market cap. In May Reddit announced it would begin distributing ERC-20 rewards tokens on the Rinkeby testnet among users of its cryptocurrency and Fortnite subcommunities in the form of ‘MOONs’ and ‘BRICKs.’ The tokens are distributed according to a user's contributions to the....
As Bitcoin blocks get closer to full capacity, some members of the community are claiming many of the transactions on the network are nothing more than spam. Defining a spam transaction on the Bitcoin network is somewhat difficult. In fact, Mastering Bitcoinauthor Andreas Antonopoulos believes it’s impossible for such transactions to exist. According to Antonopoulos, the fact that someone is willing to pay the fee associated with a particular transaction means that the transaction is not spam by default. During a meetup at Paralelni Polis in Prague, Czech Republic, Antonopoulos explained....
I am a Gmail user, and I filter all my mailboxes through Gmail. I don't find spam too annoying at the moment because Google catches almost all spam before it reaches my inbox. If anything, I find false positives (legitimate mail sent to spam) more annoying than false negatives (spam in the inbox). But that could change with new generations of blockchain-based spambots. It's a story as old as time, or at least as old as the Internet. Spammers have always found new creative ways to invade our mailboxes, and they have always been early adopters of new Internet technologies. Now, they are....