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POSH and lightning network

A notion came to thoughts a while in the past, may additionally have been during the Hivefest presentation by means of @brianoflondon discussing v4v and the relationship he is installation with Hive and Bitcoin's lightning network.

While we have been claiming account credit with @poshtoken way to the delegations via users to it and had been considering doing a "get a unfastened hive account by using authorizing with your Twitter and feature us approve you for one after manually checking your account's history/hobby". Another first-rate manner that customers should prove themselves would be to check in only the Twitter authentication and so long as they'd POSH "properly", i.E. Encompass the #hive tag and a hyperlink from certainly one of our the front-ends, they had nevertheless be capable of earn POSH.

Since they won't have a hive account yet by then and we would not need to pressure them to get one simply yet, given that we'd already find it irresistible if more people out of doors the ecosystem could percentage hive links to their fans to start with for the probably small however actual rewards they may earn via POSH, we were rather deliberating allowing the withdrawal in their rewards into a foreign money of their very own choosing. This is in which @v4vapp by way of @brianoflondom could be of use. If you have followed what he is been doing, and the ease of exchanging your Hive and HBD from one feeless network to another "almost (I think)" feeless community, it is quite cool the possibilities it opens for payments and connections to different matters which Hive immediately doesn't have get admission to to.

With that during thoughts, we may want to make it feasible for "web2" accounts to nevertheless earn POSH, accumulate til they have enough to make it well worth the withdrawal, and us being in charge of ensuring it receives traded for Hive, then despatched via v4v to their Bitcoin Lightning Wallet cope with. This is something that could without problems spread and grow to be famous because all of us understand how little software and ways to earn Bitcoin there are obtainable. While this would entail sell strain on POSH, take into account that our principal focus is to carry extra traffic to our ecosystem and give a boost to our presence on web2, presently simply Twitter.

Why forestall there? If we can permit for Bitcoin Lightning Network withdrawals, simply we could also begin allowing different currencies with nowadays small charges, either thru hive-engine and their output gateways or perhaps even @leofinance's bridges (bhive, phive, and many others).

Anyway, specially posting this to listen your thoughts at the idea and to factor out how quick something like this may avalanche into something plenty larger over time. As an instance, if we have been to get a few bigger Twitter influencers with 10-50k fans who'd begin POSH'ing, earning a notable deal of the day by day POSH issuance which they are able to become Hive or their currency of preference while on the equal time directing loads of interest in the direction of our the front-ends, it can catch on and start interesting increasingly users and Hive's surroundings might gain from it pretty plenty. In the interim we might retain using our Hive profits on the account to provide liquidity and buy stress closer to the initiative.

Another component many won't think about at first is that POSH will be a terrific first step to get humans to eventually "bother" to create their very own Hive account, learn the way Hive works and begin posting their personal content that they had get to share on their Twitter if they cannot seem to locate content material they'd wanna proportion at the time. Once they try this we may also "force" them to accept and learn how to alternate POSH themselves as a substitute by means of advertising it as it'll consist of less expenses that manner and they might realise the arena they have been missing out on on our layer two/s.

Anyway x2, there's loads of thoughts, additions and things we're going to be throwing at POSH within the near destiny, our dev/s may quickly additionally have more time to continue growing the whole lot that fills my head that I think would make POSH better so I'm looking forward to peer what works, what does not and the way this all will develop and the outcomes it's going to have on Hive and all our dapps and the front-ends as an entire.

Thanks for analyzing, let me realize what you believe you studied of this web2 signup incomes to your Tweets concept.

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