Reddit came close to becoming decentralized last year

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Last year Reddit announced that it was building its own cryptocurrency and hired Bitcoin engineer Ryan X. Charles to build it. The plans were later scuttled, when the company restructured and Charles was let go. In a post to his personal Medium blog today, Charles revealed that during his time at Reddit he not only worked on cryptocurrency but was hatching a plan to decentralize Reddit entirely. News of the project comes as Reddit is grappling with censorship and subreddits continue to go offline. He says that he approached then-CEO Yishan Wong in the summer of 2014 with the idea, who was excited…

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