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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.

Memo Is a Decentralized Social Network Built on Bitcoin Cash

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.

Tags in this story
blockchain social network, decentralised social networking, Memo, Memo.cash, Social Network
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Avi Mizrahi

Avi Mizrahi is an economist and entrepreneur who has been covering Bitcoin as a journalist since 2013. He has spoken about the promise of cryptocurrency and blockchain technology at numerous financial conferences around the world, from London to Hong-Kong.