Ryan X. Charles on Choosing Bitcoin and Why Steem ‘Can’t Last’
In the wake of social network Steemit’s hack, Ryan X. Charles, co-creator of Yours, explained his reasons for using Bitcoin for his own network despite the disadvantages. Charles: Steem ‘Can’t Last’. The Yours platform, which like Steemit pays users who upload quality popular content, is still in its test phase, with a limited preview set for later this....
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Ryan Charles, the former Cryptocurrency Engineer hired by Reddit to work on a cryptocurrency for the front page of the internet, has been let go. Ryan Charles explained his previous motivations for leaving BitPay to join up as the world's first Cryptocurrency Engineer: I was won-over by the then-CEO Yishan, who had an awesome vision for the future of reddit, including cryptocurrency as the financial system of the internet city that is reddit. However, Yishan suddenly and unexpectedly resigned his position a month or two later, probably due to exhaustion. Ryan Charles Says Reddit Isn't....
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....
Recently it was announced by Ryan X. Charles on the Bitcoin subreddit that he had been let go from his position at Reddit. Ryan worked as the resident cryptocurrency expert at Reddit. He was hired directly by former CEO Yishan Wong and until Wong quit the company in November, at which point Charles formally had no boss. The firing is important to Bitcoiners because it represents a blow when one of the largest properties on the Internet expresses a lack of confidence in Bitcoin by firing employees expressly tasked with implementing it. "I wanted to build the infrastructure for reddit's....
It is hard to think it's been eight months since Ryan X Charles came onto our show, as we are in dire need of an update on what he was been working on. There are a lot of great content creators on the internet, but most of them aren’t earning any money. Yours is a way to solve this problem. So, what is Yours? There are a myriad of different ways we could possibly go about explaining it. We could nail you with the technical specifics, and dance around that with a few marketing slogans, perhaps say the buzzword “content monetization” a bunch — but we won’t. By thoughtfully incentivizing....
While steem recently became the third-largest digital currency as measured by market capitalization, surpassing $400 million this month, some market experts are skeptical of steem and have expressed doubts about its economics. The digital currency’s market capitalization surged in July, rising more than 2,000% from $17.9M to $411.9M between 04:14 UTC on 6th July and the same time on 20th July, CoinMarketCap figures reveal. The digital currency’s price climbed more than 1,800% during this period, increasing from $0.24 to $4.63. For those new to the digital currency, users can obtain steem....