A number of projects introduced potential scaling solutions prior to Reddit’s July 31 deadline. Most contest participants are existing developers of Layer 2 solutions for Ethereum. The majority of entrants seem to have tweaked their existing technologies to accommodate Reddit’s demands.
The terms of the challenge stipulate that proposed technologies should be able to handle “100,000 point claims, 25,000 subscriptions, 75,000 one-off point burns and 100,000 transfers” spanning a five-day period.