RE: memo.cash: A kind of Twitter on the Bitcoin Cash Blockchain / Amazon wants to deanonymize Bitcoin Transactions with Data Marketplace / Parity: Is this a Bailout - or a Rescue?

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memo.cash: A kind of Twitter on the Bitcoin Cash Blockchain / Amazon wants to deanonymize Bitcoin Transactions with Data Marketplace / Parity: Is this a Bailout - or a Rescue?

in cryptocurrency •  6 years ago  (edited)

edit: It can not be like Steemit, since Bitcoin Cash has a finite future amount.
It has to be a stricter zero sum game, with people moving BCC to one another with the only guaranteed winners being the miners.
I wonder if it has downvotes and if it has what is their effect.
My initial thought was:
Is it like Steemit or dan's next competition for it?

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Like steemit... only as in converting previously siloed value into crypto. Tbh dont think bitcoin coin chain suits this? 3rd gen chains may suit tweets/memos?

Eliminates (micto)transaction fees, but would prob need a solid revenue model to pay for nodes tbh :p

I feel like you know better than I and tried to answer, but I need a translation of what you wrote.
siloed value is not not a known combination of words for me.
By 3rd gen chains you mean stuff like Byteball?
What are microtransactions and are they eliminated in Bitcoin Cash?
I thought it is like Bitcoin but even less advanced due to BTC's adoption of lightning network.

need a solid revenue model to pay for nodes

Again I do not know what you meant.

You got a 22.22% upvote from @sleeplesswhale courtesy of @stimialiti!