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FYI: No more claiming Moons starting from this distribution cycle.

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by COINS NEWS 267 Views

Hello all,

Most of you might have already known this info but for those who don't, claiming Moons is not necessary starting from this distribution. Here is a brief info on why.

Previously users were required to claim Moons each round to get them into your vault, however due to the upgrade to the new scaling network Moons are now sent to users automatically so long as they have a vault setup.

As mentioned in Moons Wiki, due to scalability issues, Moons originally launched on Rinkeby testnet with a plan to eventually migrate over to the Ethereum Mainnet. Reddit partnered with the Ethereum Foundation in February this year to develop an open-sourced scaling solution for Moons.

Last month Reddit announced that Moons would be migrated to a new Layer-2 rollup using Arbitrum technology. This network will be tested on top of Rinkeby before migrating to the Ethereum Mainnet.

Arbitrum is a non-custodial scaling solution that is compatible with Ethereum, offering ETH/ERC-20/ERC-721 interoperability, censorship resistance, and EVM smart contracts. As these smart contracts are identical to those on L1 Ethereum, developers can port existing solidity apps or write new ones using familiar toolchains such as Truffle or Buidler.

With the upgrade to the new Layer-2 network, Moon transfers are faster and claims are no longer necessary (Moons Wiki).

Cheers!

Moons to the moon!

Source: Moons Wiki

submitted by /u/vagueLifeLucidDream
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