Bastyon Inventor Daniel Satchkov Explains the Importance of Using an Open Source Social Media Platform

Bastyon.com is a social platform constructed on the Bitcoin basis. It is decentralized with no central serve. Bastyon’s codebase is open supply, and all the things is ruled by the customers themselves. Bastyon’s core idea is censorship resistance. It can work even with domains are blocked by connecting on to the nodes. Bastyon is powered by Pocketcoin (PKOIN), a Proof-of-Stake cryptocurrency that pays content material creators and node operators who run the community.

Daniel Satchkov is the inventor of Bastyon (which was initially referred to as Pocketnet). He not too long ago joined the Bitcoin.com News Podcast to speak concerning the know-how:

Daniel labored and revealed within the fields of quantitative finance and machine studying. In 2015 he was a winner of the distinguished Peter L. Bernstein award for the article within the Institutional Investor Journals. Daniel’s mission in inventing the Bastyon was to make sure that individuals can govern their very own communication with out arbitrary censorship from giant companies. Daniel is fascinated by the potential of Bitcoin to assist safe human freedom of alternative and to disrupt not simply finance, however many different quasi-monopolistic industries.

Learn easy methods to stake Pocketcoin and run a Bastyon simple node here.

For additional studying, that is the article that influenced Daniel’s pondering: Why Decentralization Matters, by Chris Dixon.

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