Bastyon’s messaging app would include end-to-end encryption, not a link to the phone number or other metadata, which makes it the most private messenger.
Pocketnet, the proof-of-stake blockchain technology-based social network, is entering a new phase of growth by changing its name to Bastyon and releasing a brand new private messaging component.
This new crypto chat app contains state-of-the-art end-to-end encryption and does not use any personally identifiable information from the user. One of the most interesting features of this messenger is its ability to send crypto payments like any other message.
The Bastyon network now includes:
- a decentralized social network app
- a decentralized video and live streaming platform
- a private messenger app that is also … you guessed it … decentralized
The underlying blockchain, which contains all the data used by Bastyon, is still called PocketNet and the network token used to compensate node operators and network participants is still PocketCoin (PKOIN). The newly released messenger app included in Bastyon also allows users to exchange 19 different tokens directly into Pocketcoin. These tokens include BCH, XRP, DOGE, NEO, DASH, and others. The direct exchange into Pocketcoin complements the three exchanges that offer PKOIN pairs, Bilaxy, Digifinex and Bitforex.
The next step for Bastyon is to complete the decentralized advertising marketplace, which will allow advertisers and writers to use PKOIN to do risk-free advertising deals with PKOIN smart contracts.
Importance of the private Bastyon messenger
The private Bastyon messenger differs from existing messengers as follows:
- Fully decentralized, non-company open source code without a central server
- Not linked to your cell phone number (now all major messengers are linked to your cell phone number)
- Every single chat is end-to-end encrypted as standard
- All sent and received images are stored encrypted at rest, which means that new Apple scanning algorithms cannot see them
- Ability to send crypto to contacts in one click
- Choose whether you want to send PKOIN or 19 other cryptos that can be exchanged directly for Pocketcoin (PKOIN).
Bastyon Messenger is hosted on decentralized servers, each user can run a server for themselves or for the network to earn additional PKOIN. This is dramatically different from any major messenger in existence. They are either not end-to-end encrypted as standard or require a telephone number connection, which violates the privacy of the user.
Bastyon Messenger also expands the network’s latest video functionality. Videos shared in the Bastyon network can be viewed and rated directly in the chat. This will increase the reach for Bastyon video creators.
Success of the video on Bastyon
Bastyon recently added the ability to upload videos. Videos are hosted on decentralized servers that can be started by anyone, with payment in Pocketcoin (PKOIN). The volume of video uploads is growing exponentially.
Pocketcoin (PKOIN) as a token from Bastyon
The entire Pocketnet network, including Bastyon.com and other apps, relies on the Pocketcoin (PKOIN) to compensate and incentivize creators, node operators and users. PKOIN is a proof-of-stake currency on the Pocketnet blockchain.
Use of PKOIN: Append to comments
Bastyon.com offers a number of new ways to use PKOIN. Users can attach PKOIN to donations made to bloggers, along with comments on videos, live streams, or posts. A comment with a donation is brought to the beginning of the discussion and thus encourages the author to respond.
Using PKOIN: Send via chat
Bastyon users can now seamlessly send PKOIN directly to the user in any individual or group chat. This is important because exchanging crypto addresses is tedious and error-prone. Sending PKOIN via Bastyon chat is verified by the digital chat signatures associated with public identities on the Pocketnet blockchain.
Easy exchange of 19 currencies into PKOIN
The Bastyon team has released a simple tool to convert 19 different currencies directly into PKOIN, directly from the Bastyon PKOIN wallet. Currencies include BCH, DOGE, XRP, ETH, USDT, XLM, NEO, DASH, BAT, and others. This allows Bastyon users to support bloggers or send referrals to friends using many currencies.
PKOIN was recently listed on the three major exchanges Bilaxy, Digifinex and Bitforex. PKOIN has a fixed supply of 24,375 thousand coins ever issued with the first halving.
Future of decentralized social media & social crypto transfers
The new version of Bastyon.com establishes the network and PKOIN as an important player in the decentralized social media and crypto payment space. Pocketnet-Netzwerk and Bastyon are group-independent open source projects based on the Bitcoin model. This prevents many of the abuses social media platforms inflict on users as they grow up.
Pocketnet is a decentralized, open source, non-corporate project. It is modeled after Bitcoin and can be referred to as the Bitcoin of the social networks, with the big difference that it uses the energy-efficient proof-of-stake algorithm. Pocketnet is supported by a network of decentralized nodes with equal rights, whereby the users retain full control over their data and content.
Pocketnet rewards node operators and all content contributors. Active users can build a good reputation and then participate in the sophisticated content moderation system.
Many active bloggers have given up Big Tech’s social networks and turned their attention to Pocketnet.
Pocketcoin (PKOIN) is the native token that enables the proof-of-stake network, and the issue is capped at 24,375,000. There was no premine or ICO as the Pocketnet team embraced the Bitcoin model of organic growth.
Download the Pocketnet whitepaper in English here
Download the Pocketnet whitepaper in Chinese (Mandarin) here
Access the Pocketnet GitHub here
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