Bitcoin SV powered social media platform Twetch has launched a characteristic to streamline peer-to-peer (P2P) funds.Twetch is a Twitter-like soci
Bitcoin SV powered social media platform Twetch has launched a characteristic to streamline peer-to-peer (P2P) funds.
Twetch is a Twitter-like social media platform the place customers should make micropayments to be able to put up and have interaction with content material on the platform. Content material creators are immediately paid for his or her exercise via a income sharing system based mostly on likes and shares. The platform is at the moment in non-public beta.
Command-line fashion funds characteristic
Tweet has rolled out the flexibility for customers to ship BSV to one another by getting into the command-line ‘/pay’, a person’s tag, and the greenback worth of the switch into the app.
Twetch funds are on-chain, permitting for transfers to be publicly validated. Tagging customers on the social platform additionally pays them $0.001 in crypto.
Alongside the brand new cost characteristic Twetch has carried out ’learn API’ to the social platform’s software program growth equipment (SDK) on github. The performance permits builders to create personalized Twetch shoppers that may filter content material by a selected matter.
The platform has additionally launched an ‘superior search’, nevertheless, customers should pay $1 to unlock the characteristic.
Twetch information is written to Bitcoin SV
Twetch claims to supply customers full management over their information and content material on the platform by writing it to the Bitcoin SV platform. Twetch’s CEO and founder Josh Petty has described the platform as “an interface to publish and consider info on Bitcoin [SV].”
Petty claimed that the platform helps to fight faux information by financially disincentivizing the proliferation of bots on the social media platform. Posting to the Bitcoin SV blockchain prices $0.02.
The platform seems to be a step alongside the street to nChain Chief Scientist Crag Wright’s imaginative and prescient for the Metanet, which is a blockchain-powered model of the Web the place all exercise is recorded on chain.