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Reddit Gold has been added to the API documentation, and it probably won't be a cryptocurrency

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by COINS NEWS 98 Views

Reddit Gold has been added to the API documentation, and it probably won't be a cryptocurrency

We've been discussing in the last few weeks that Reddit Gold, which will replace Awards and Coins (RIP) could be a cryptocurrency, and that RCPs could be in danger.

Well, based on a brief read on the API's recent alterations, Reddit Gold probably won't be a cryptocurrency:

https://preview.redd.it/7v369vhc2jpb1.png?1125&format=png&auto=webp&s=debdec8dac4fde99bd71a31816f028c820630d55

"Gilded" is also now added to the attributes you can fetch about an user:

https://preview.redd.it/qcb09xnd2jpb1.png?1125&format=png&auto=webp&s=740df13932122a6169742663da1c543001a4e235

As per the dictionary:

gild (verb): to cover a surface with a thin layer of gold or a substance that looks like gold

literary: to cover the surface of something with bright, gold-coloured light: Sunlight gilded the children's faces.

Now the "give" function is self-explanatory. The gilded one is likely related to asking/receiving Reddit Gold. On the "preferences" calls, there's the following function:

show_gold_expiration 

In addition, getting a user stats will return their "Gold Status", meaning that there will be ranks:

https://preview.redd.it/r2pa0sba3jpb1.png?1269&format=png&auto=webp&s=6e6b9885f7989eb6a5dbcd1a7f38785781ffea34

In addition, there are no mentions of Avatars nor RCPs.

These might indicate that Reddit Gold won't be a cryptocurrency, as it is my understanding. In other words, RCPs will likely keep playing a role in their ecosystem.

submitted by /u/reddito321
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