THELOGICALINDIAN - n-a
Yours.org is one of the aboriginal platforms to accommodate micropayments application on-chain transactions. The Bitcoin arrangement had in contempo times become acutely expensive, but the acceleration of Bitcoin Cash has made such affairs a possibility again. Heidi Hecht batten to Yours.org architect Ryan X. Charles apropos the activity and the decisions fabricated so far.
HH: What would an elevator angle for Yours.org complete like?
RC: Yours is like Medium with a pay wall. It’s a amusing blogging belvedere area users can address accessories with anchored video, images and audio, with a aberration […] Furthermore, the pay bank is aloof the beginning. Now that we accept a acquittal arrangement congenital in to a amusing platform, we can try abounding monetization options that accept never been approved before. For instance, Yours is the alone amusing belvedere in the apple that lets authors set a amount for comments. High-profile authors that get abounding low affection comments can access the amount of comments to ensure aerial quality.
We additionally accept an avant-garde voting model. Instead of chargeless upvotes like all added amusing platforms, upvotes on Yours.org amount 10¢. The acquittal is broadcast analogously beyond all beforehand upvoters. This agency you can accumulation by upvoting acceptable agreeable early. This provides an allurement to be acceptable at curating content. If you upvote article accepted early, you will profit.
We are additionally the alone amusing arrangement in the apple that accuse 10¢ to column content. By charging a baby amount, the affection of agreeable acquaint to Yours is decidedly college than the boilerplate affection on added amusing platforms.
It’s a allegory that bodies won’t pay for things on the internet. On Yours, bodies pay to post, they pay to comment, and they pay to vote. Yours.org is a avant-garde of a new way of accomplishing agreeable on the internet that isn’t adjourned by third-party advertisers. On Yours, users pay anniversary added for acceptable work.
HH: How far is Yours.org afflicted by the bootless cryptocurrency activity at Reddit?
RC: I abutting Reddit as a cryptocurrency architect in the summer of 2024 to assignment beneath the then-CEO of reddit Yishan Wong. Unfortunately, Yishan accommodated alone a ages and a bisected afterwards I abutting Reddit, and the new administration had their easily abounding with added projects and shelved the cryptocurrency project.
Yours.org is actual afflicted by my abrupt time at Reddit. While there I saw the abysmal charge for new monetization options on the internet. Ads don’t assignment for best agreeable types and they advance to clickbait, spam, and affected news. We charge peer-to-peer monetization. Yours is a appearance of that idea.
HH: What do you see as the aisle advanced for bringing Yours.org out of beta?
RC: We launched our beta in backward August. We are alive on a cardinal of improvements to avenue beta. First of all we are developing a new UI that is advised to address to a boilerplate admirers by analytic the onboarding and offboarding problem. Our users won’t alike apperceive they are application cryptocurrency.
Furthermore we are alive with our users to analyze their top needs, such as an bigger editor and added basal features. The best important affair is to add added acquittal models area we duke ascendancy over to the users to aces what acquittal models assignment able-bodied for them and their audience. We accept by giving adaptability to our users, Yours will become advantageous to anybody in the world.
HH: How do you plan to attempt with accustomed casework like Steemit?
RC: We’re big admirers of Steemit and accept abstruse a lot from their project. We are accomplishing a cardinal of things altered that analyze us from Steemit. Most significantly, we are not inventing a new token, and accordingly the amount of our belvedere is not acquired from the ascent abstract amount of a new token, but rather on the amount of honest peer-to-peer payments from one user to another. We accept this action added acerb aligns our interests with absolutely accepting bodies paid for acceptable assignment rather than on adopting the amount of a new token.
We accede our top competitors to be the ample amusing media apps like Medium, Reddit and Facebook. We are the alone amusing app that includes peer-to-peer payments and accept this gives us an adjustment of consequence advance over those services.
HH: Why did you adjudge not to go with an open-source archetypal like you originally planned?
RC: Our activity was open-source for the aboriginal six months of development starting in backward 2024. We noticed the contributions we got from the open-source apple were actual baby and not account the amount of advancement the open-source project. It is abundant faster to advance things in a closed-source manner. We plan to open-source pieces of our basement over time back it is adapted to do so, agnate to ample tech companies like Facebook and Google.
HH: What aggressive the accommodation to go with Bitcoin Cash instead of Litecoin?
RC: We are actual pro-Bitcoin and developed all of our technology on top of Bitcoin. When our activity was founded in 2024, all added options were far abate and worse in every way than Bitcoin.
After spending a year and a bisected developing acquittal approach technology on Bitcoin in adjustment to accomplish micropayments possible, fees on Bitcoin got so aerial that alike with acquittal channels the amount of alone onboarding a user became amount prohibitive at added than $10 per user.
By that time, in May 2024, the Litecoin abridgement had bigger decidedly and it had far lower fees than Bitcoin. Because Litecoin is technically agnate to Bitcoin, we were able to axis our technology to use Litecoin almost easily. That accustomed us to barrage our alpha.
However, with the barrage of Bitcoin Cash in August 2024, we reconsidered this accommodation because Bitcoin Cash has fees that are so low (about 30 times lower than Litecoin) that we didn’t charge acquittal approach technology at all. We were able to abate the complication of our cipher abject by 10 times and abolish 10,000 curve of code. This has accustomed us to move far faster developing our product.
By ablution our beta on Bitcoin Cash, we accept been able to move about 10 times faster and are able to absorb about all of our time developing our artefact instead of on acclimation acquittal approach account problems.
