ViaBTC Capital｜Can Web 3.0 Social Media Platforms Copy the Success of Their W...
I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms […]
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Social media is a new type of technology that revolutionizes our everyday lives. Whether we want to stay in touch with friends or families, read the latest news, or simply share what we love and do with the world, social media is there to help. And even though there are some privacy concerns regarding social media, most people still use this centralized type of service for lots of reasons. Also read: Twitter Wants Your Date of Birth For Targeted Ads, Time For Decentralized Social Networks? Regardless of how you view social media, there is no denying that consumers have willingly given up a....
Roughly two weeks ago, ViaBTC, a relatively new bitcoin mining pool that launched earlier this summer, garnered some attention on social media due to the announcement that they’re currently testing Bitcoin Unlimited, which is a software client that allows users to signal support for hard fork induced changes to Bitcoin’s block size limit. Although the mining pool was only launched this summer, it has already gained enough hash rate to become the fifth largest pool. Bitcoin Magazine recently reached out to ViaBTC CEO and founder Haiyang to find out more about this relatively unknown player....
ViaBTC, the Bitcoin network’s second largest mining pool, has recently announced that the group is interested in increasing the Bitcoin block size and the Bitcoin Unlimited proposal. The statement of ViaBTC on social media immediately gained massive exposure in online Bitcoin communities, as many Bitcoin users responded positively to the group’s intentions to work with Bitcoin Unlimited with some developers voluntarily offering help to deploy Bitcoin Unlimited in ViaBTC’s network. Approximately 24 hours after the announcement of ViaBTC was released to the public, the market share of the....
Social media is one of the most important inventions of the digital age. It has allowed us to communicate and connect with the world in a way that has never been possible in human history. Furthermore, it offers us the ability to form bonds with the world and find like-minded individuals who share the same ideas and beliefs. However, social media is not without its limitations. One of the largest of which is to do with how information is presented and passed along. Social media platforms are practically all 2-dimensional, meaning that all data is displayed in a 2-dimensional format (i.e.,....
Decentralized social media platform built on the Bitcoin model puts privacy first in its new messenger that can send crypto. Social media platforms are constantly under fire for their lack of total end-to-end encryption, existing privacy policies and censorship – but a blockchain-based solution might spell the end to an era of centralized social media dominance.In many ways, social media is a vital component of daily life for both businesses and the average consumer. Today, these platforms connect individuals with their desired type of content based on their own inputs. This streamlined....