Source: blockchain.news
Decentralized social network Damus has hinted that its mobile app will soon include a feature that will allow users to earn satoshis, the smallest fraction of Bitcoin (BTC), depending on the interaction they get on their posts on the site.
In a tweet, Damus’s team drew attention to the fact that the “coming soon” version of the app would have a feature that allows users to earn satoshis and that this feature will be available “soon.” After the first statement, the team did not give any further information.
Damus markets itself as a decentralized social network that is managed by the user and does not rely on centralized companies for its functionality. The show is based on Nostr, which means “Notes and other things transmitted by relays”. It is a decentralized network that makes it possible for users to communicate with each other in a private environment. Within the limits of your network, there are no servers. Instead, the messages are sent through the system via a decentralized network of relays.
Community members as a whole have been enthusiastic about the recently implemented Damus feature, with some even going so far as to refer to Nostr as “the future of monetization.”
Jack Dorsey, who previously served as CEO of Twitter, has also been showing his support for the Nostr initiative by contributing financial resources to its creators. Dorsey said on Dec. 16 that he had contributed 14 BTC, which was equivalent to about $250,000 at the time, to help grow the decentralized social network.
On February 1, Damus was released to the public on the Apple App Store and became accessible for iPhone users to download. Following this, Jack Dorsey also announced the news via his Twitter account, where he referred to the change as a new “milestone” for the development of open source protocols.
On December 14, the former CEO of Twitter advocated for the establishment of a decentralized alternative to Twitter. This was in response to the publication of the results of an internal investigation that had been headed by Elon Musk and had revealed problems related to censorship on Twitter. Dorsey tackled various solutions to the problems, such as resisting control by corporations or governments, giving writers the authority to remove their own material, and using algorithmic moderation.
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