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Breaking News: The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700
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Breaking News: The Ethereum Indicator That Never Missed A Bottom Is Signaling Again, This Time At $700
Mastodon

Mastodon to Accept Bitcoin As More Users Unfollow Twitter

Wilma Woo
by Wilma Woo
Last Updated: August 11, 2018 3:31 am
·
Posted in News, Bitcoin, Bitcoin Businesses, Companies, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Decentralized social network Mastodon is seeing major interest from Bitcoin users as Twitter fails to act on botnets, censorship and account blocks.

[The original version of this article mislabeled Hugo Gameiro as the operator of BTCPay and Steve Hodl as founder of Mastadon.]


‘We Can Find A Way To Make It Work’

Mastodon, which has a user interface and features similar to Twitter but runs entirely without centralized control, has attracted 1,300 cryptocurrency users to its dedicated Bitcoin ecosystem in days.

The network functions via various “instances” or communities, with users able to view content just from their own instance or from across all instances.

Bitcoin’s instance is hosted via bitcoinhackers.org, and counts among its active members Azteco founder Akin Fernandez, known as Beautyon on Twitter and elsewhere, as well as Satoshi Portal CEO Francis Pouliot.

https://twitter.com/francispouliot_/status/1027376341509959681

Now, talks are underway for Mastodon to begin accepting Bitcoin payments for hosting, while other users have requested adding a Lightning Network tip button.

Talks on the platform between Steve Hodl, developer Matt Odell and Hugo Gameiro, who runs masto.host, a fully managed Mastodon hosting solution, are ongoing this week. 

“…We can surely find a way to make it work,” Gameiro wrote in a discussion August 9.

Twitter’s Bots, Blocks And Delays

Twitter meanwhile has come in for continued criticism from an increasing number of cryptocurrency users over its lack of success in blocking the huge botnets advertising fake giveaways and impersonating well-known account holders.

Research last week revealed some of the Twitter cryptocurrency botnets number tens of thousands of bots, with operators actively seeking to avoid shutdown.

Twitter banning cryptocurrency ads

“Twitter is aware of this form of manipulation and is proactively implementing a number of detections to prevent these types of accounts from engaging with others in a deceptive manner,” the company responded to the findings.

Spam and certain forms of automation are against Twitter’s rules. In many cases, spammy content is hidden on Twitter on the basis of automated detections.

At the same time, the platform’s opaque monitoring practices have caused alarm, with BHB Network founder Giacomo Zucco becoming the latest industry figure to receive an unexplained temporary ban August 8.

Others, such as Armin van Bitcoin, threatened to “leave Twitter for good” if Zucco’s account was not reinstated.

Can Mastodon replace Twitter for the Bitcoin community? Let us know in the comments below!


Images courtesy of Shutterstock, Twitter

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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