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A Social Network That Costs 10¢ to Post

yours.org

61–70 of 157 posts

Re: A Social Network That Costs 10¢ to Post

#61

People interested in this idea might also be interested in Hashcash. Someone who wants to send and email to someone else also has to provide a "proof of work" with their message, essentially the same thing as Bitcoin mining. The point of it is to reduce email spam by attaching a small cost to each email, since, today, there is no cost difference between sending 1 email and 1 million, which enables spammers to send ou…

So Hashcash was proposed by Adam Back, who is now the CTO of blockstream, a major bitcoin development firm. His vision, and the vision you describe is actually bitcoin.

A 2017 Hashcash was actually implemented recently and published at http://hashcash.com/ Bad news is that it requires something to store the value, so this requires bitcoin as the token transferred via hashcash.

What you have described in your post doesn't actually work that way in the real world -- You cant set a global proof of work value (bitcoin difficulty adjustment) or able to build a proof of work that would allow a phone or desktop to hash -- it will be eaten alive by spam farms with ASICs (bitcoin mining asic farms).

Re: A Social Network That Costs 10¢ to Post

#62

We started charging 10¢ to post content on our social network. Our users didn’t leave. In fact, they are posting more than ever, and the quality of content has improved. Our experiment seems to be working. People are willing to pay to post content. Neat concept (and good domain), but your top post has $2.28. The entire site has 20 new posts ($2?) over the last 24 hours. You don't gotta exaggerate to sell, it just mak…

Thanks for your great comments. We launched the beta only three weeks ago so it is definitely rough around the edges :) Fixing issues as fast as we can. > Also, does anyone know what kind of regulatory upkeep a project like this requires? If a site like this operates with multiple currencies, it's essentially an exchange and probably has to register as such (they've outsourced this). However, if it just keeps user ba…

So if every payment is p2p does that mean every transaction in yours is a bitcoin cash transaction? Are those cheap enough? I don't know much about bitcoin cash.

Re: A Social Network That Costs 10¢ to Post

#63
post #26

I was intrigued, until I read that the payment system is in bitcoin cash. I've really lost interest in cryptocurrency over the past couple of years. I don't want to jump through the requisite hoops to manage another digital wallet just for the sake of engaging on an obscure platform that launched its beta 3 weeks ago. I have nothing against the site, it's an interesting concept. But having to read about whatever rece…

Easiest solution: send BTC to https://shapeshift.io which they will convert to BCC and deposit it directly to whatever address needs to receive BCC. Shapeshift's main feature is to convert between cryptos with the minimum amount of hassle. Edit: nevermind, I didn't know yours.org had shapeshift integrated.

Of course, Ryan wouldn't want to miss out on Eric's affiliate fees from SS.

Re: A Social Network That Costs 10¢ to Post

#64
post #45

A problem with "social networks", and perhaps the Internet in general, in my opinion, is that they encourage groupthink. > Each vote costs 10¢ and the payment is distributed amongst earlier voters. This sort of pyramidal scheme actually gives people a monetary incentive to try to vote how others will vote, regardless of their actual opinion. Like other gambling, it may be a good business model, but it serves to exace…

I had similar thoughts about the following:

> It costs 10¢ to post a comment and the money goes to the original author. Our users enjoy paying the original creator to post a nice comment next to their work.

Which would seem to discourage discourage diversity of discussion since profits go to the OP.

Re: A Social Network That Costs 10¢ to Post

#65

I encourage you all to check out Minds. In my opinion, Minds has a much more interesting compensation model: you can directly send money to creators (feature called Wire) either generally or on a specific post. There is also an internal points system where you are compensated by interactions with your content. If you have enough points, they have a real monetary value. Also, as an added bonus, the website and apps ar…

all alt-right stuff. flag and move on

Re: A Social Network That Costs 10¢ to Post

#66
As an American kid born along with the digital epoch of the 90s, I'm a bit of an oddity because the only social media I've ever used (& still use) is LinkedIn, which feels like sharing a room with a vipor. I have it set up with a dedicated email address and I only interact w/it in a sandboxed browser on VPN with a dedicated email address. (I guess you could add HN, StackExchange and GitHub to the list since there are pretty social aspects to all three, but I don't know if they count.)

Because I am this weirdo, I can't help being astounded at the level of comfortability people have in ecosystems like the ones Facebook and Google have cultivated. These are really creepy and dystopian models at their core. And they are not helping your damn social life! Believe me, people don't mind being in touch and coordinating through more direct means, in fact most people respond more genuinely to it.

So this is awesome right? Here's something proposing a fresh new model. Except nothing in this article/pitch addresses my concerns/issues with current social media. Like, as a paying member, are they aggregating "marketing" data on me? Are they going to try to follow me around the web and ID me with tracking scripts and under the table data trades with other players? Will they organize my data and sell it on as an "anonymized" individual profile ("Emperor {username}, we bring you new clothes. This is a magical anonymization cloak, making you invisible to any unsavory entities we sell your data to").

In fact, now I have even more questions/concerns! For example:

1) can toxic or just plain wrong information simply be brute-forced to the top with money (or digital tulips or whatever)?

2) how is this not just buying popularity and influence in a contrived environment?

3) do they cap the value of a post / vote or is this susceptible to weird bubbles?

4) if you do break the rules, do you pay to get out of trouble?

This whole thing sounds like someone's been spending a long time getting investors on board and now can't seem to remember what the pitch to the consumers originally was.

Re: A Social Network That Costs 10¢ to Post

#67
post #47

Looks like the tips are in Bitcoin cash? Of course people are happy to spend the 10c they got for free when it forked.

10c is 10c. As much as I think using bitcoin cash was a big mistake, I wouldn't say that the activity doesn't resemble real activity.

I think psychologically it is different, and people are more likely to splash their lottery win money around especially if it's just 10c at a time rather than their hard earned money.

Re: A Social Network That Costs 10¢ to Post

#68

As an American kid born along with the digital epoch of the 90s, I'm a bit of an oddity because the only social media I've ever used (& still use) is LinkedIn, which feels like sharing a room with a vipor. I have it set up with a dedicated email address and I only interact w/it in a sandboxed browser on VPN with a dedicated email address. (I guess you could add HN, StackExchange and GitHub to the list since there are…

>Believe me, people don't mind being in touch and coordinating through more direct means, in fact most people respond more genuinely to it.

You're not alone. This is a key driver to the popularity of messaging apps, in particular group chats.

Re: A Social Network That Costs 10¢ to Post

#69

How does this compare to steemit.com?

simple. I give a shit about yours.org BECAUSE they didn't create their own token to build a service. Using bitcoin cash is another positive in my books, since it costs < $0.01 per transaction, versus $7~ per transaction on Bitcoin legacy.

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