Share this article

Developer Proposes P2P Bitcoin Implementation for Reddit

Updated Sep 11, 2021, 11:28 a.m. Published Jan 28, 2015, 11:53 a.m.

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".

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

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
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

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

These Three Metrics Show Bitcoin Found Strong Support Near $80,000

True Market Mean (Glassnode)

Onchain data shows multiple cost basis metrics confirm heavy demand and investor conviction around the $80,000 price level.

What to know:

  • Bitcoin rebounded from the $80,000 region after a sharp correction from its October all time high, with price holding above the average entry levels of key metrics.
  • The convergence of the True Market Mean, U.S. ETF cost basis, and the 2024 yearly cost basis around the low $80,000 range highlights this zone as a major area of structural support.