There has been lots of developments in the space of web3 social media in the last days and the importance of defi and owning your own data through use of blockchain technology that is more censorship resistant has become more important.
First off there was a dispute between Reddit and its users due to fee charges for the use of the API. The data on Reddit was being mined by apparent AI services at a very low cost and the company wanted to recieve payment for this.
This was then followed suit by Elon at Twitter with the restriction of viewing tweets which has caused an uproar in the Twitterverse. Most likely Twitter needs to also restrict and charge for access to the vast swathes of data that it acts as gatekeeper for.
The main alternative to web2 in all its forms and that has the longest history is Hive. Hive provides a decentralised eco-system based on cryptographic keypairs for authentication. Inside the eco-system is among others blogging, gaming, video content, streaming and many short-form content options similar to all the web2 options available.
However today, I will look at a recent growing network called Nostr (pronounced Nostra). Nostr is a decentralised network system based on relays using cryptographic keypairs. As it is a protocol, a variety of client software can be used by users for various things. Also, anybody is free to run a relay and this should be quite quick and easy to setup.
The first I heard of Nostr was that it was an alternative to Twitter in a program called Snort. Snort.social is a very basic short form content program and looks just like Twitter.
An interesting aspect was that you can use your Lightning Node client software to login and then also to zap sats to other content creators. This method has been tried and tested before for example with Read.cash and indirectly Noise.App in the BCH community. Mostly people are not willing to give crypto tips directly from their wallets to others. Once Read.cash stopped its Random Rewarder, many users dropped off from the site.
This is in comparison to Hive with its daily reward pool that each Hive stakeholder can distribute a portion of the reward dependent on their stake. Users here are more incentivised to upvote and reward content creators.
The interesting thing with Nostr though is that it isn't only just Snort. There is being built a whole eco-system similar to Hive around the protocol. As you can see from the list of resources, the development seems to be growing very fast and is supported by many of the mainstream's anti-heroes such as Jack and Snowden and co.
The recent restrictions on Twitter and Reddit could therefore be driving faster blockchain technology adoption and further crypto usage, particularly Bitcoin and Lightning.
One of the clients that I like to use is Nostragram, which has twitter like views and also you can change the layout similar to Instagram or Pinterest. There are growing many clients each day. However, finding good content of interest is not easy as this can be dependent on your relays. Filtering through lots of garbage can be quite frustrating right now.
Nostr is very much loved by the #Plebchain as there is the possibility to zap other users sats. This is easily setup in Alby or Wallet of Satoshi. I do not have many followers but have gained over 2k sats myself so far.
For the long form content, there are not too many options so far. There is so far Habla where you can publish longer articles, but there is not much to choose from at the moment.
Another interesting development is the Zap Stream site where you can stream or watch streams easily using the protocol. Streamers have full control over their stream and are no longer held at the whims of Twitch or Trovo. Users get a great experience too and can zap sats using the lightning network to the streamer, who gets to keep 100% of the rewards. This seems similar again to a service called Vimm TV that is already available on Hive but not so often used.
Overall there seems to be many apps being developed and things are moving at a quick pace. Many of the things being developed are already existing on Hive and are not quite so polished. However, it does seem to be pushing further change in the social media space and we will have to see how the adoption will look like in the next weeks and months.
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It’s awesome. I have already earned over 30,000 Satoshi in 1 week. I think it’s a good place to promote Hive.blog … that’s what I’m doing. I use the Plebstr app for iOS on my iPad and iPhone Https://Plebstr.com and https://Getalby.com …
#zap #zap
That is great. Keep up the good work! See you in the Nostraverse!
Have some fun !lolz
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I've been meaning to check out the Nostr protocol, they've been making buzz in the web3 social media space. It seems there's a lot going on there but Hive is already a bit ahead of it. I think it will be good way to have another viewpoint of web3.
It is good to check it out and let people know about Hive. I have setup a profile there.
The truth is that people are mostly about the money and once the money stops flowing, the posts reduces
That is exactly what happened to readcash and noisecash
Yes, that is very true. We are all here hustling to a certain degree.
Very interesting - sounds like a bit of a competitor to HIVE in some ways.
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Thanks, they have quite a bit of work ahead of them. Lets see what comes out of it.
Never heard of it before Steve interesting though, i am, sure there will lots of platforms that appear to be similar to Hive popping up here and there it seems to be the way the internet works. 🤣
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u can earn from nostra? O.O
Yeah I have been zapped sats, but the values are generally very low unless you are a celebrity.
lol celebrity meaning like how u are on hive?
😅 Like Jack Dorsey or that Snowden fella.
o.o i have no idea who they are lol
I'm also learning about Nostr (fooling around aimlessly mostly!). Like you say and being Web3, there are kind of similarities with Hive. This helps me understand things. Then, it operates differently, of course. one similarity is the front ends...they all look and act a bit differently, but all hook into Nostr. I'm checking out NostrGram right now, hadn't heard of it before. I wrote yesterday about how I now have 40 sats and was proud of my 1.2 pennies! 😀
!LUV
It does show how far Hive has come that Nostr is trying to build what is already existing here. I am interested to see how it develops because it is also moving people over from logging in with username and password to more cryptography authentication. So far there are 500k+ Nostr members, lets see how fast it grows and if more users may come to Hive.
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! help(no space) to get help on Hive. InfoGreat explanation Steve, I did look at nostr a few months ago but not sure if I progressed it.
There is so much going on, that for me to do it all means I would be halfarsed at everything!
That's cool you are getting sats already though!
!PIZZA
Thanks Ed. Yeah there seems to be lots of development but it is hard to process all that is going on and how to use it. At least it motivated me to setup my Lightning Network properly.
You are ahead of me there, maybe I should set up my Lightning Network properly, in fact I need to sort it out, I know I used a few addresses in the past!
I was looking at the app by Brian of London, it is also a good bridge between Hive. It is important to probably stick with just 1 address in Nostr or you could be spread as multiple users across Nostr.
Have you looked at this app further? I'm so much at the beginning of Nostr and still so very confused that I could still implement changes if needed. If I could somehow tie it to my Hive account that would be awesome.
Yes I was just testing it again now and it's easy to use. You can transfer hive or hbd directly to your Alby wallet (or other lightning address) for a small fee. This could be a good alternative to storing sats in swap.btc for example that I also started doing.
https://v4v.app
Nice. Thanks. For now I just transferred some Hive the other way so I can zap a bit.
Yeah I know the HiQ guys love his app. Good point about the one address!
Well explained... I've not tried it yet but only heard about it and seems like they're trying to build hive replica but with more resources (devs or influencers) they had advantage to go more popular easily..
Though many of people are saying that place is becoming more toxic full of Maxi's.
Will see how it's gonna evolve and survive...
This is my experience too, they are trying to rebuild Hive but maybe have much more resources. I am not sure where all these Devs suddenly came from 😅
loving this bro! Very well written and nostr is indeed awesome. Have a !PIZZA and thanks for sharing the good stuff!!!
Thanks man, just zapped you!
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