...they are hacked, they can "move" their profile to the backup address and ONLY that address. This could be their HW wallet, so we have convenience and security.
We have plans along similar lines. Thanks for your ideas.
Then where does your income come from? Do you plan to add ads someday, or other ways, to keep balance?
Promoted posts is a possibility. There are other revenue ideas that have been considered. But the main focus is exploring the possibilities of OP_RETURN. Memo is just the beginning.
Memo update released: - Dust consolidation for all actions - Dashboard is now a feed of all events - Performance improvements - Updated profiles - Color indicator for relative user rating - New account page
I will probably do very very big games but not more than a couple every week. This has turned out to be more popular than I anticipated and I am enjoying so far.
Social network on a blokchain has more upsides than downsides. You cannot leak all passwords if hacked. You are 100% aware where the money comes from. It is cheaper per user
2) You cannot be muted. You can gain from your posts. Your posts will never be altered or deleted
At first I thought that putting a social network on the BCH blockchain was a stupid idea and to an extent it is (posts you can't delete etc.) but it does help increase tx vol. and that helps BCH grow. So I'm all 4 it!
Social network on a blokchain has more upsides than downsides. You cannot leak all passwords if hacked. You are 100% aware where the money comes from. It is cheaper per user
Congratulations @reload for knocking the main memo node offline for almost 30 minutes. Apparently it can't handle transactions with 200+ inputs. Looks like that's a major bug we need to fix. Sorry for the downtime.
~750 transactions on my memo public key :). I keep coming back. Awesome community we are cultivating here, and with BCH in general! Just like 2011 to 2014 all over again. You all rock!
New show is up with Roger Ver and Corbin Fraser of Bitcoin.com https://www.youtube.com/embed/9TX37-gWFFw Discussing: Roger's $250k challenge to reddit, New names for BTC, Rory MacDonald, Calling out Eric Lombrozo...