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

The News Podcast features interviews with the most interesting leaders, founders and investors in cryptocurrency, decentralized finance (DeFi), NFTs and Metaverse.follow us iTunes, Spotify and google play.

This is a sponsored podcast.Learn how to reach our audience here. Read the disclaimer below.

Bitcoin Network Media is the primary source for all crypto-related content. Contact to discuss press releases, sponsored posts, podcasts and other options.

Image Source: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for reference only. It is not a direct offer or invitation to offer, nor is it a recommendation or endorsement of any product, service or company. Bitcoin Network Does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused or related to the use of or reliance on any content, goods or services mentioned herein.

Source link

Leave a Reply

Your email address will not be published.