Another big news for the Ethereum holders time to bring some more chances for the bull of the ethereum network users , As the news Is highly spreading that the reddit is going to give some points over the upvotes on the posts and comments which will give you points earning on the posts regarding to the upvotes and that points will be decentralized no one will be able to change or touch the balance made by those points and that can be stored on the ERC- 20 and later on you will be able to exchange it.


Question is arising here that moderator who operated the reddit network will have the ability to change the posts or delete it or touch the balance earn my the community member, No they will not touch you balance or harm you in any way that is how the decentralized system is working , on the decentralized network you are free to work as you want to work no one will be able to harm you in any way.

You will be able to use you earned point to purchase different packages and member ships to unlock special features on the platform which will help you to be an exclusive member of the community.

It is not 100% confirm that reddit is going to used ethereum network for the point exchange but from the news so far it is clear that they are going to work on the ethereum network.
For those users who are not having the enough points to buy the special membership they can still buy the member ship direly from the reddit site.

The ethereum network are same as the blockchain which guarantee the property ownership and full control on your contents, Even reddit will be not able to take control of the system.

How to check your earned balance.

You can use the app of the reddit when you can see the balance in the wallet the app has their own wallet which you can access the balance earned. You will access you wallet thought special private keys and you will be able to use it for yourself and the keys should kept safe , there will be a backup facilities available . Only the users will get their own keys to access the wallet, which is on ethereum network