iBankCoin
CAPS LOCK IS CRUISE CONTROL FOR AWESOME
Joined May 7, 2012
204 Blog Posts

Immutable, Monetized Social Media on Bitcoin Cash

There is a new short message format social media platform that runs on the Bitcoin Cash blockchain and it is called Blockpress.  https://www.blockpress.com/

Blockpress is similar to Twitter. However, Blockpress has done several things that are very unique. First, every action on Blockpress is a microtransaction on BCH. Change your name, picture, post or reply requires a very small amount of Bitcoin Cash (less than one cent) to complete. There is also an integrated tipping system where you can send other users Bitcoin Cash.

Many firsts here: Blockpress has successfully monetized a social media platform out of the gate. Also, since the platform writes everything to the Bitcoin Cash blockchain all posts are uncensorable (we’ll have to see how that works) and immutable. Your posts are in the blockchain forever. Also, the microtransactions may counter some forms of SPAM, although the costs are so low maybe not.

This is a much more user friendly platform than Memo.Cash but credit is due to Memo.Cash for releasing their version first. The release of two viable social media platforms in a short period of time by different teams shows the kind of development that is happening in Crypto and specifically on Bitcoin Cash. Blockpress is a leap forward in usability and so far the developers are already taking requests and promising quick turnarounds on user requests.

As every post is written to the Bitcoin Cash blockchain there is currently a meager limit of 74 characters per post. When BCH upgrades on May 15 that will change to 220 characters. Images and other advanced features are not available yet but for a new release this is a very usable product and exciting use of BCH as a platform.

One thing you can do is grab your Blockpress ID and then input it into a monitored address on https://txhighway.com/. Every time you post on Blockpress you’ll hear your transaction hit the blockchain via the TX Highway website. This is real time demonstration of a distributed ledger in action.

Looking forward to what’s next for Bitcoin Cash.

If you enjoy the content at iBankCoin, please follow us on Twitter

3 comments

  1. target millie

    bch is a joke

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. oldmantrader

    Thank you Coinspeak- this explains what looks like chaos to us mere mortal

    • 0
    • 0
    • 0 Deem this to be "Fake News"