Just recently we reported about the on-chain social media network called Memo, an application that allows people to publish censorship resistant ‘memos’ on the Bitcoin Cash (BCH) blockchain. So far users have sent thousands of on-chain memos, and the platform’s developers have added new features like ‘replies’ which unleashed over 3,000 Memo transactions in 24 hours after adding the reply component.
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New Features Added to the On-Chain Social Media Platform Memo.cash
Bitcoin Cash proponents have been very excited about the new Memo.cash application that was launched two weeks ago. Memo is seeing a lot of traction, and there are quite a bit of users on the platform now, as scrolling through the app’s profile list can take some time. A lot of BCH supporters seem to really like the idea of a censorship-proof social media system where literally everything is stored on-chain. Since the app was launched, people started posting like crazy with little blurbs and cementing URLs into the BCH chain. Following this, Memo has seen some new user interface (UI) features which include the use of emojis, the ability to reply back to memos, and a counter for typing.
3,000 On-Chain Memo Transactions in 24-Hours
When the reply feature was added to the platform, the Memo website got a lot of use that day. According to Memo user Zhell, the app broke records by accumulating 3,000 on-chain transactions in 24-hours after adding replies. Every action on the Memo platform is accounted for on the BCH chain because the platform uses P2PKH addresses, which saves the data via an OP_Return transaction. So any time the user writes a memo, likes and tips a memo, or replies, there is an immutable record of these activities on the BCH chain using very small microtransactions. Besides the point that Memo works in a peer-to-peer manner, and the fact that recorded memos can be kept on the BCH chain in a censorship-resistant manner, excites bitcoin cash proponents.
Using Public Blockchains to Fight Censorship
Memo Has More Features Coming
What do you think about the Memo.cash platform? Have you tried it yet? Let us know what you think in the comments below.
Images via Shutterstock, Memo.cash, and Pixabay.
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Source: Bitcoin.com