Twetch isn't valuable just because posts are on-chain, or because it uses micropayments, or because it has a nice UI. It's valuable because of how these elements are put together to make a coherent and useful product. Other BSV apps should learn from this.
19th4g…6Mez
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something something lawr, regulation blah blah.
Until governments announce that they will regulate the network the way Craig says they will, BSV is a cryptocurrency just like BTC and other coins.
If you like Parappa the Rapper, you'll love this:
https://ninja-muffin24.itch.io/funkin
there are two kinds of programmers - those who have written compilers and those who havent
yeah posting with twetch wallet is much much faster
like & branch in one button was a really good addition
Doing great man, how about you?
test
Have you tried disabling brave shields? Mine works fine but I have to disable shields for it to work properly.
#test
/pay @3 $0.05 test
So much faster than Relay and Moneybutton.
Leaving data off-chain doesn't automatically mean it's sketchy. As an example, even if it costs 1/1000th of a cent, someone might not want to pay to put their encrypted messages on chain. Especially if there's a chance that encryption can be broken later.
This doesn't address my main point though, which is that politicians and other powerful figures will simply find other avenues of communication if needed. I don't think absolutely EVERYTHING will go on-chain even if BSV reaches worldwide adoption.
Hotdogs Horseshoes & Hand grenades is a great VR game too, give it a try! It has tons of fun content. Worth every penny IMO.
https://store.steampowered.com/app/450540/Hot_Dogs_Horseshoes__Hand_Grenades/
$test
#test
Paying $400/gb of storage is awful, I agree. I think it's obvious that the ledger was designed as a timestamping service first, and not a storage medium. Services like twetch can of course serve transaction data, that's how we're talking now.
I think this method scales better as you can pay the same small fee to upload and timestamp any arbitrary amount of data large or small, while still keeping the ability to verify that the data was included in a block.
My point however is that while it is possible to store and serve data directly from the chain, I think it is more efficient to use the chain simply as a way to prove that a certain piece of data existed at a certain point in time.
People will use the ledger however they want obviously, but I think users will gravitate towards whatever is cheapest. And the cheapest method of putting "data on chain" would be posting hashes instead of the data itself. We'll have to see how it pans out.
At that point you can store the data in the traditional way on that site's server, or use a decentralized method such as torrents or IPFS.
For example, posting an image on twetch can cost anywhere between 5c to $1 or more. If you instead included only the hash of the image in the tx, you could still verify that that data was included in the block at that time, but only spending <1c.