Reddit r/CryptoCurrency Moon
By CoinGecko | Updated on May 14, 2020
Moons are a new way for people to be rewarded for their contributions to r/CryptoCurrency, and they represent ownership in the subreddit. Moons are ERC-20 tokens on the Ethereum blockchain (on testnet during beta stage). Users have full ownership and control of Moons which can be freely spent/tipped within the r/CryptoCurrency subreddit. Moons are distributed monthly using Reddit Karma as a basis for contributions.
Related Terms
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Offline Staking
Staking without needing to be connected to the blockchain
Private Keys
The alphanumeric string which allows transactions from the cryptocurrency address
Byzantine Fault
A byzantine fault is where an error has occured, yet a computer system does not know due which component/what failed to the lack of information and continues to iterate on a given instruction.
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