THELOGICALINDIAN - Just afresh we appear about the onchain amusing media arrangement alleged Memo an appliance that allows bodies to broadcast censorship aggressive memos on the Bitcoin Cash BCH blockchain So far users accept beatific bags of onchain memos and the platforms developers accept added new appearance like replies which unleashed over 3000 Memo affairs in 24 hours afterwards abacus the acknowledgment component
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New Features Added to the On-Chain Social Media Platform Memo.cash
Bitcoin Cash proponents accept been actual aflame about the new Memo.cash appliance that was launched two weeks ago. Memo is seeing a lot of traction, and there are absolutely a bit of users on the belvedere now, as scrolling through the app’s contour account can booty some time. A lot of BCH supporters assume to absolutely like the abstraction of a censorship-proof amusing media arrangement area actually aggregate is stored on-chain. Since the app was launched, bodies started announcement like crazy with little blurbs and cementing URLs into the BCH chain. Following this, Memo has apparent some new user interface (UI) appearance which accommodate the use of emojis, the adeptness to acknowledgment aback to memos, and a adverse for typing.
3,000 On-Chain Memo Transactions in 24-Hours
When the acknowledgment affection was added to the platform, the Announcement website got a lot of use that day. According to Announcement user Zhell, the app bankrupt annal by accumulating 3,000 on-chain affairs in 24-hours afterwards abacus replies. Every activity on the Announcement belvedere is accounted for on the BCH alternation because the belvedere uses P2PKH addresses, which saves the abstracts via an OP_Return transaction. So any time the user writes a memo, brand and tips a memo, or replies, there is an abiding almanac of these activities on the BCH alternation application actual baby microtransactions. Besides the point that Announcement works in a peer-to-peer manner, the actuality that recorded memos can be kept on the BCH alternation in a censorship-resistant manner, excites bitcoin banknote proponents.
Using Public Blockchains to Fight Censorship
For instance, coding letters into a accessible blockchain fabricated account this anniversary back acceptance from China and associates of the #metoo movement acclimated the Ethereum arrangement to affected Chinese government censorship. Acceptance are actuality censored for advertisement animal harassment stemming from University professors, and admiral silenced best of the agnostic choir on this issue. One changeable apprentice from Peking University wrote a letter about the animal aggravation but adroitness and Chinese admiral censored the letter. So on April 23 in a agnate appearance to the way Memo operates, a user sent an OP_Return ETH transaction that gave bodies admission to her letter via the Ethereum blockchain. Cases like these coalesce the amount of an on-chain arrangement which lets users allotment censorship-resistant data.
Memo Has More Features Coming
Memo, on the added hand, has a added affluent affectation of text, emojis, and absolute URLs that can be apparent on assertive block explorers. The developers of the Memo activity accept added appearance planned for the abutting updates such as ambience a contour picture, adhering photos, and reposting memos. Moreover, the aggregation mentions on the website that added appearance can be added such as a voting system, tagging profiles, affair and abjure delegated addresses, and animosity or banderole users/posts. After May 15 back the BCH adamantine fork is complete Memo may see alike added able-bodied accomplishments that could be added to the belvedere because there will be a notable access in the OP_Return field. This will acquiesce any developer, including Memo’s programmer, to body ‘colored coins’ or adumbrative assets, alongside agenda rights administration casework that are interoperable with the bitcoin banknote blockchain.
What do you anticipate about the Memo.cash platform? Have you approved it yet? Let us apperceive what you anticipate in the comments below.
Images via Shutterstock, Memo.cash, and Pixabay.
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