BSV follows the news about ‘Reddit-killer’ Boardz

by James · December 17, 2022

Two golden bitcoins fall into a tank of water — Boardz has announced that early adopters who “engage quickly” with the platform will be rewarded – Photo: Getty Images

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The price of bitcoin sv (BSV) was up today following the launch of a new global discussion forum Boardz, which is powered by BSV and has already been touted as a “Reddit killer”.

Boardz user eyeone was the first to post the idea that the new platform could take over US social news aggregator and discussion site Reddit. “I like how smooth and bold the site is,” eyeone posted under the caption “Is this a Reddit killer?”

As of 17:32 GMT on December 16, BSV was trading at $48.35, up 2.34% from the previous day, according to CoinMarketCap. BSV was also up 10.31% compared to seven days ago.

BSV to USD

The Boardz platform, which has described itself as a place where “people can discuss things on different topics and monetize their content”, had previously announced that early adopters would be rewarded through a Boardz BSV wallet. “We just topped up our BSV wallet to tip you,” tweeted Boardz.

To get the tips, all users had to connect a HandCash wallet to enable payment features and then post content on Boardz to receive part of the Boardz Rewardz program.

The platform emphasized that it is an app “for everyone” and “not an app for Bitcoin users by Bitcoin users. It added:

“The goal is to create a global forum where authors have the opportunity to monetize their contributions by getting donations and direct payments through paywalls.”

Boardz said plans for the future include enabling paywalls, integrating non-fungible token (NFT) profile pictures, and opening Boardz to other languages.

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BSV is a fork

BSV came into being after a hard fork of the bitcoin cash (BCH) blockchain in 2018, which had originally forked from bitcoin (BTC) a year earlier.

In accordance CoinMarketCap: “The goal of BSV is to fulfill the original vision of the BTC protocol and design as described in Satoshi Nakamoto’s white paper, early BTC client software, and famous Satoshi writings.

“BSV aims to offer scalability and stability in line with the original description of BTC as a peer-to-peer electronic cash system, as well as deliver a distributed data network that can support advanced enterprise-level blockchain applications.”

CoinMarketCap added that “the BSV network is unique” due to its “capacity for unlimited on-chain scaling”, while being more aligned with the original design of BTC than any other blockchain