Bastyon Inventor Daniel Satchkov Explains the Importance of Using Open Source Social Media Platforms – Interview with Bitcoin News

Bastyon.com is a social platform built on Bitcoin. It is decentralized and has no central service. Bastyon’s codebase is open source, and everything is managed by the users themselves. The core concept of Bastyon is censorship resistance. It works even if the domain is blocked by connecting directly to the node. Bastyon is powered by Pocketcoin (PKOIN), a proof-of-stake cryptocurrency used to pay content creators and node operators running the network.

Daniel Satchkov fortress (Originally called Pocketnet). He recently joined the Bitcoin.com News Podcast to talk about the technology:

Bastyon inventor Daniel Satchkov explains the importance of using an open source social media platform

Daniel works and publishes in quantitative finance and machine learning. In 2015, he received the prestigious Peter L. Bernstein Award for his article published in the Institutional Investor Journal. Daniel invented Bastyon on a mission to ensure that people can manage their own communications without arbitrary censorship by large corporations. Daniel is fascinated by the potential of Bitcoin to help ensure human freedom of choice and disrupt not only the financial industry but many other quasi-monopoly industries.

Learn how to stake Pocketcoin and run a Bastyon Easy Node here.

For further reading, here is the article that influenced Daniel’s mind: Why decentralization matters, Chris Dixon.


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