A sovereign social network
powered by Bitcoin

Ordinal Lock

OrdinalLock is a Bitcoin Contract which allows an Ordinal to be offered up for sale on a decentralized marketplace. These listings can be purchased by anyone who is able to pay the requested price. Listings can also be cancelled by the person who listed them, or another pre-determined public key hash.

OrdinalLock is based on the RelayX OrderLock which was designed to work with Run tokens. OrderLock has some requirements on how the spending transaction must be formatted which is incompatible with ordinals.

https://github.com/sCrypt-Inc/ordinal-lock

Craig and others have raised the topic about increasing adoption.

My own answer is that the younger generation should learn our ideas by experiencing them directly. I have thought on that for a couple of years regarding spreading Bitcoin ideas. So I consider that the body of ideas in this concept can follow in the same path.

I am suggesting infiltrating the culture of youth. Fiction, books and immersive experiences- Linear productions and games. I’ve even dreamed up in-person immersive experiences through large scale art project (refer to meowwolf if you need an example)

All this doesn’t make it an easy task. Yet coming straight at the social networks of society where these ideas are likely to be treated as a threat, compared to that, it would be easier and effective path.

Thank you for writing this.

The issue is somewhat recursive, like a chicken-and-egg problem: people need to go on pow.co to become super users, but they won’t go until it fulfills the value proposition.
That is a helpful way to describe the situation in which we find ourselves in. Your solution to making it easier to dump info into powco makes sense; the steps that have already been taken to this end have encouraged me to use powco more.

I also wonder if there are any other ways to encourage users with some kind of incentive to share more information on powco during it's current early stage to help achieve the critical mass it needs to attract more users, but I am not sure if there is any way to do so that would not compromise the integrity of the powco ranking system.

Thoughts on pow.co and super users

1craigmason wrote an article asking the question 'who is the ideal pow.co super user?' I will attempt to answer this question and posit some ways to attract these people.

In my opinion, the ideal pow.co super user falls into two distinct, but overlapping categories:

1. People who want to consume and share good information
2. Entrepreneurs

However, this is specific to people who will go on https://pow.co and interact with the site's controls. I believe these people will emerge naturally as the site fulfills a unique value proposition for them. The issue is somewhat recursive, like a chicken-and-egg problem: people need to go on pow.co to become super users, but they won't go until it fulfills the value proposition.

The reality is that the super users already exist - they just don't know that they are super users yet. Thus, the question becomes how can pow.co offer a unique value proposition for super users and entrepreneurs?

The value of money is the other people. The value of information is also the other people

As has been discussed recently in daily meetings, pow.co is both a repository for information and a feed of boosted rankings. I propose that we find more ways to allow people to dump large amounts of content and data onto the site, to be ranked by super users. Overwhelming amounts of data on-site each day gives even more significance to the rankings. It also creates a demand for power users, people who will expend costly signals to rank the information.

The team has prioritized this in the past: currently pow.co allows for posts from Twetch, Club Relay, Twitter etc to all be rendered on-site.

However, this is expensive to do, as new components need to be written or previous ones added to in order to create a new format, ie. SLictionary definitions. The team has proven highly competent in rapidly implementing new formats, but if one of these services were to fail then it would be for naught.

Aside: it is a cool idea that a service could die and yet all of its content is archived and ranked on pow.co

I do not know what the correct design paradigm is for this, but I hope to spark the discussion. My initial proposition is some kind of generic card that can hold any type of content and render with header, body, and footer, as well as a way to bulk-dump URLs.

Further thoughts

If the site has an overwhelming amount of data on a daily basis, then the challenge and fun comes from finding creative ways to display and contextualize it. This allows for new strange and beautiful ways of communicating and interacting. We have already seen this occur on the site countless times in an emergent way and I think this will be very attractive to casual users.

Lastly, such a large amount of data disappearing after 24hrs presents a glaring problem. Solutions have been proposed to this and I hope this post will contribute to the discussion and eventual implementation.