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Show HN: Updn – HN/Reddit-style site where stories, votes, tips use Bitcoin

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Re: Show HN: Updn – HN/Reddit-style site where stories, votes, tips use Bitcoin

#3
post #2

I wonder if it would be an effective gaming strategy to build momentum for my posts by upvoting them myself, and hope to reap a profit when other people add their votes

I suspect it would. Something like this in practice would need some kind of deterrent for that and other scamming.

Re: Show HN: Updn – HN/Reddit-style site where stories, votes, tips use Bitcoin

#4
I wrote something similar as a service for DogeCoin with an API that can be integrated in any kind of site. I.e. you could let people upvote anything on your site by utilizing the API.

If anybody is interested in using this on his/her site, feel free to contact me.

It is currently in private beta (sort of).

Re: Show HN: Updn – HN/Reddit-style site where stories, votes, tips use Bitcoin

#5

I wrote something similar as a service for DogeCoin with an API that can be integrated in any kind of site. I.e. you could let people upvote anything on your site by utilizing the API. If anybody is interested in using this on his/her site, feel free to contact me. It is currently in private beta (sort of).

I'm interested in seeing where it goes. Do you have a website for it yet?

Re: Show HN: Updn – HN/Reddit-style site where stories, votes, tips use Bitcoin

#7

"Comments are free" seems like a poor choice. Comments should be the most expensive, in my opinion.

Do you mind explaining why?

I wanted to give people who don't have Bitcoin a way to get involved without having to register through an exchange or use localbitcoins, etc.

Re: Show HN: Updn – HN/Reddit-style site where stories, votes, tips use Bitcoin

#8
If anybody wants to see how this played out in 2010-2011, search for "Witcoin":

https://www.google.com/search?q=witcoin

At the peak it was a neat site, and some folks made a bit of money. If I recall correctly, there as a bit of a problem where NSFW posts were more profitable than most other kinds of posts. For some reason, the creator was unable to keep it running and didn't want to hand it off, so it was shut down.

It worked by depositing Bitcoins which got converted into "Witcoins", an off-chain micro-transaction credit system. You could convert back into Bitcoins at any time.

I suspect the micro-transaction aspect of it was not as harmful as one would expect. The model seemed to work at the modest scale it grew to.

Re: Show HN: Updn – HN/Reddit-style site where stories, votes, tips use Bitcoin

#9

I wrote something similar as a service for DogeCoin with an API that can be integrated in any kind of site. I.e. you could let people upvote anything on your site by utilizing the API. If anybody is interested in using this on his/her site, feel free to contact me. It is currently in private beta (sort of).

I'm interested in seeing where it goes. Do you have a website for it yet?

No, not yet I got sidetracked by other projects, but once I have a website, I'll post it on HN.

Re: Show HN: Updn – HN/Reddit-style site where stories, votes, tips use Bitcoin

#10
As if a hivemind site like reddit (that's already littered with blatant advertisement posts) wasn't enough, this one proclaims, "Let's just skip the bullshit...you can buy all the top posts!" Seriously people, what actual beneficence will this bring to the table?
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