Bastyon Inventor Daniel Satchkov Explains the Importance of Using an Open Source Social Media Platform

Bastyon.com is simply a societal level built connected the Bitcoin foundation. It is decentralized with nary cardinal serve. Bastyon’s codebase is unfastened source, and everything is governed by the users themselves. Bastyon’s halfway conception is censorship resistance. It tin enactment adjacent with domains are blocked by connecting straight to the nodes. Bastyon is powered by Pocketcoin (PKOIN), a Proof-of-Stake cryptocurrency that pays contented creators and node operators who tally the network.

Daniel Satchkov is the inventor of Bastyon (which was primitively called Pocketnet). He precocious joined the Bitcoin.com News Podcast to speech astir the technology:

Daniel worked and published successful the fields of quantitative concern and instrumentality learning. In 2015 helium was a victor of the prestigious Peter L. Bernstein grant for the nonfiction successful the Institutional Investor Journals. Daniel’s ngo successful inventing the Bastyon was to guarantee that radical tin govern their ain connection without arbitrary censorship from ample corporations. Daniel is fascinated by the imaginable of Bitcoin to assistance unafraid quality state of prime and to disrupt not conscionable finance, but galore different quasi-monopolistic industries.

Learn however to involvement Pocketcoin and tally a Bastyon casual node here.

For further reading, this is the nonfiction that influenced Daniel’s thinking: Why Decentralization Matters, by Chris Dixon.

The Bitcoin.com News podcast features interviews with the astir absorbing leaders, founders and investors successful the satellite of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow america connected iTunes, Spotify and Google Play.

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