Memo Is a Decentralized Social Network Built on Bitcoin Cash
For a while now, the established social networks have been steadily cracking down on groups of users they find to be problematic, sending many people to look for alternatives where they can ensure their voice is heard. One emerging alternative platform is Memo, which is built on bitcoin cash and thus popular among BCH users.
Also Read: How to Monetize Your Blog or Website With Bitcoin Games
BCH-Powered Twitter Alternative
Memo.cash is a decentralized social network powered by the Bitcoin Cash blockchain and which launched a year ago. It gives users the ability to create a profile and post messages, images and videos using hashtags as well as to give tips instead of just likes. The platform added a mobile app for Android devices in January and the developers have promised that an iOS version is coming soon too.
All posts are visible to anyone on the BCH blockchain, with each Memo account being associated with a BCH wallet address. Native tipping on the network is also supported by bitcoin cash.
What do you think about this decentralized social network? Share your thoughts in the comments section below.
Images courtesy of Shutterstock.
Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.