With this new Twetch feature, you can prevent your social media account from being trolled and make your tormentors pay for their actions against you.
Twetch, a blockchain-based social media platform, has added features to its social platform that give users greater control over the content they see in their feed.
Twetch is a blockchain-based platform where users pay a few cents to post messages and are rewarded in Bitcoin if their content is liked or reposted (branched). The platform retains a small percentage of each transaction. Users can view activity on each post to determine how much they have earned for each post they have made on Twetch, which is currently in public beta.
Since earlier iterations, the interface of the platform has been enhanced. It strongly resembles Twitter in appearance and functionality. A new feature, the leaderboard, lists the most active Twitch users, allowing you to discover and follow interesting platform users.
CEO of Twetch Josh Petty stated: "The Twetch leaderboard is determined by the amount spent and earned over the course of 24 hours. Twitch has witnessed an explosion of creative artwork and memes. Users are profiting from their contributions, and we would like to be able to highlight the top earners and spenders. Consider Twitch as a stock exchange for memes."
In addition to follower/following counts, profile details are also visible. The numerical aliases of users are also displayed, indicating when they joined the platform. Additionally, users can purchase a more relevant alias.
Recently, Twetch has introduced a number of features that encourage users to reward high-quality content by paying a specific user a cash sum.
Using the command /pay @userhandle $5 (or a similar amount), Twitch users can transfer varying amounts of money to @userhandle's Bitcoin account.
You can also use this function when posting. The cash is stored in the user's Moneybutton wallet, which can be spent anywhere Bitcoin SV is accepted.
One Twitch user has received $220.21 for a meme they posted.
This peer-to-peer payment method appears to function effectively. In addition to sharing or liking a poster's content, users have the ability to tip them for their contribution.
The command /trolltoll set @userhandle $5.50 will charge @userhandle $5.50 each time they comment on one of your posts.
With the command /trolltoll remove @userhandle, payments will revert to standard system fees.
When you post to Twitch, the message is added to the immutable blockchain.
You own the data in perpetuity. If someone likes, shares, or follows your post, then your content has been monetized. Twitch is ad-free as well.
Twetch has also implemented the capacity to pay to post without requiring a manual swipe to authorize the transaction payment. This frictionless payment is new to Bitcoin and is designed to make it easier for users to interact and earn money.
Petty stated in February 2020 at the Coingeek conference that the Twetch platform does not need to control your data in order to generate revenue.
Its objectives are to increase blockchain adoption and Bitcoin usage, to reward users for their contributions, and to eliminate spammers and trolls.
Twetch is still in its infancy, with over 11,000 users registered on the platform. It has enabled users to create games, chatbots, archiving, scheduling, and even competing Bitcoin applications using the Twetch SDK.
It appears that the option to pay people you respect using the /pay command and to charge trolls for engaging with the /trolltoll command will ensure that only the people you want to interact with can do so.
One day, every social platform may give its users control, as Twitch has. However, as long as the platforms generate ad revenue from user posts, they will be reluctant to hand over such a level of control to the very people who contributed to the platform's success.