Developer Proposes P2P Bitcoin Implementation for Reddit

Reddit's cryptocurrency engineer, Ryan X Charles, has caused a stir with his proposal to implement bitcoin on the platform.

Under username 'ryancarnated', the developer revealed how he aims to enable peer-to-peer payments on Reddit, but for the time being he describes the service as a "proof of concept".

The implementation would allow users to register their bitcoin address and receive payment from other users.

“People already use Reddit for a bunch of commerce-related [things]. Making this easier and integrated could be really valuable,” said Charles.

reddit-bitcoin-implementation

The Reddit thread on which the proof of concept was announced has already attracted hundreds of comments, mostly positive, and offering suggestions for extra features such as escrow.

Users who frequent r/bitcoin are no strangers to experimentation. A couple of months ago, the subreddit experienced a ChangeTip tipping frenzy.

Charles says his bitcoin implementation still has some way to go before the community could use it, however.

Image via Reddit

P2PPaymentsReddit

Original author: Nermin Hajdarbegovic