Why Datt is Sticking With Bitcoin Over Ethereum
Since last summer when I announced Datt, an in-development social media platform and application powered by bitcoin, one of the top questions I’ve been asked is, "Why are you using bitcoin?" Last year, this question often took a different form. I was asked "Why not use Stripe?” or "Why not make an altcoin?" Since the rally in Ethereum over the past few months, the question has morphed into "Why not use Ethereum?" The answer is because Datt only needs Internet money right now, not advanced smart contracts, and switching to....
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Datt is a decentralized and open-source content sharing platform, which offers integrated Bitcoin payments. The people behind this project recently unveiled their roadmap for this project, and a live version should be released by May 15, 2016. Datt is the brainchild of Ryan X. Charles, Steven McKie, and Clemens Ley. As consumers increasingly use ad....
Ever since former Reddit Cryptocurrency Engineer Ryan X. Charles published a Medium post about fixing some of Reddit’s core issues with Bitcoin, the community has been obsessed with the thought of a social media platform with financial incentives for publishers. Although some believe that simply cloning Reddit and attaching bitcoin to upvotes would be....
A decentralized social network founded by Reddit’s former cryptocurrency engineer has moved forward to the proof-of-concept stage. Launched in August 2015, DATT (Decentralize All The Things) is the product of Ryan X Charles, a veteran of bitcoin startup BitPay, as well as Reddit’s short-lived cryptocurrency program. Now, as a continuation of his efforts, Charles is seeking to launch DATT, which he says is about six months away from completion. The product received widespread attention from major publications such as Wired, Fortune and the Business Insider at a time when public furor over....
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have increased. While Ethereum will change the consensus ruleset, a great number of crypto community members are attempting to guess where the hashrate will go after The Merge transition.
The Crypto Community Wants to Know Where Ethereum Miners Will Go After the Merge — There’s a....
The idea of a social media platform with Bitcoin-powered financial incentives has become rather popular ever since former Reddit Cryptocurrency Engineer Ryan X. Charles wrote about how Bitcoin could be used to solve some of Reddit’s core issues earlier this year. Although many believed that this new social media application would be nothing more than a copy of Reddit with a few Bitcoin-centric features added to it, Charles recently told an audience at an SF Bitcoin Meetup that the final product could look quite different from the “Frontpage of the Internet.” Instead of an alternative to....