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![](https://beehaw.org/pictrs/image/c0e83ceb-b7e5-41b4-9b76-bfd152dd8d00.png)
There’s also a Base64URL variant that is a little more friendly in the modern world where the +/=
often need escape sequences.
The first two are replaced with more sensible characters and the third is just removed entirely - do you really need padding?
They might want to, but it’s illegal.
The “quiet period” is a reference to an SEC law that forces any company to be radio silent for a strict 40 day period during the IPO process. Reddit is in that period now and therefore they cannot say a word.
JPMorgan was fined almost a billion dollars for answering questions on a phone call during their quiet period.