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WTF is this new crypto scam on reddit? Karma is now on the blockchain???? (feddit.it)

submitted 1 year ago by Moonrise2473@feddit.it to c/RedditMigration@kbin.social

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I was searching info on a crypto scam and saw that now reddit has jumped on the crypto bandwagon too? Everything must be on a blockchain for some reason

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[–] whatsarefoogee@lemmy.world 3 points 1 year ago (1 children)

Linked to Ethereum mainnet.
Earn and Spend points
Tips
Network fees

It's a crypto currency, and ethereum is a blockchain. Blockchains have little use outside of cryptocurrency. A cake mold to a cake would be a better comparison.

[–] TigrisMorte@kbin.social 1 points 1 year ago

That is simply not true. Blockchain is a ledger and nothing more. Just like accountancy is more than just banking, blockchain is more than just crypto.