Features TheBitTimes.com

The decentralized social media platform has continued to thrive since it launched in the second week of August and has hit multiple new highs despite critics predicting its downfall. Decentralized social media platform Friend.tech based on Coinbase’s layer-2 protocol Base has touched new heights in terms of revenue growth and total value locked on its platform.  According to data from Dune Analytics, Friend.tech revenue has surged to 10,663 ETH and its TVL grew to over 30,000 ETH on Oct. 2. The recent boom in its revenue and trading activity comes amid a decline in hype from its early days of launch. As a decentralized social network platform launched in August 2023, Friend.tech enables users to swap "keys" associated to X accounts (formerly Twitter) belonging to their friends or influencers. These keys give users access to private in-app chatrooms and content only available from the corresponding X user. Users can buy shares in their friends and influencers on the platform...

A new social token network called Alpha has emerged, rivaling the popular Friend.tech platform but built on top of the Bitcoin blockchain. The Bitcoin network got its own community-based social token ecosystem after a new project called Alpha emerged overnight.  As a decentralized social network protocol, Alpha is similar to the widely-known Ethereum-based platform Friend.tech. It allows users to monetize their online persona and content creation via its social tokens. ️Alpha α is officially here More than the @friendtech of Bitcoin, Alpha is set out to be one of the leading SocialFi dApps Built on Bitcoin Fully decentralized & permissionless Optimized UX for Key trading & alpha calls sharing Get Alpha Now: https://t.co/V7GX7UReQ4 pic.twitter.com/q6j4IrGic7 — New Bitcoin City (@NewBitcoinCity) September 16, 2023 However, unlike Friend.tech, Alpha has a different makeup. The finality is anchored on the Bitcoin blockchain, while the Polygon blockchain is used for data s...

Once again, the Bitcoin creator's age increased by one year on their P2P Foundation profile — suggesting a birthday of April 5, 1975. The legendary creator of Bitcoin, Satoshi Nakamoto turned 48 years old today, at least according to information provided to the global network P2P Foundation when they registered. Though the identity of the Bitcoin (BTC) creator and thus their birthday remains unknown to the public, crypto enthusiasts took note of when Satoshi’s age increased by one year on their P2P Foundation profile — suggesting a birthday of April 5, 1975. Crypto users have suggested that the date — since Satoshi may represent a group of people rather than an individual — may come from a day in 1933 when United States President Franklin Delano Roosevelt started taking the country off the gold standard, issuing an executive order for all U.S. citizens to return gold coins and gold certificates worth more than $100 to the Federal Reserve. Screenshot of Satoshi Nakamoto's profi...