Y’alls Platform Allows Article Monetization Using Lightning Network Micropayments
Jamie Redman October 21, 2017 Bitcoin 0
Just recently news.Bitcoin.com reported on the launch of the Lightning Labs desktop application that aims to open the doors for the protocol’s future research and development. Now a new blogging and content creation platform called, “Y’alls,” has been launched that allows users to read and write articles by utilizing Lightning Network micropayments. Also Read: A Look at Five Different Cryptocurrency Hardware Wallets and Prices
Read & Write Articles Using the Lightning NetworkA new bitcoin-based micropayment blog platform has launched this week called, Yalls.org, a platform that connects content creation to the Lightning Network (LN). Y’alls doesn’t have many frills, and the UI is pretty bare-boned but seems a bit similar to the blogging site the Yours network too. The website welcomes users to Y’alls stating;
In order to use Y’alls, users need to install an LN wallet, and the website gives visitors three choices. The first option is the Lightning Labs desktop app which is derived from the Lightning Network Daemon (LND). The desktop version has full wallet features and Neutrino-SPV sync functionality. The second wallet recommended is a custodial web wallet that uses the Lightning Network called, “HTLC.” The Y’alls website emphasizes that HTLC’s centralization does not make it very secure, but says the wallet is simple to use. Lastly, the website suggests the LN wallet called “Zap,” a beta client created by the developer Jack Mallers.Read and write articles, with Lightning Network micropayments — Start reading what people are writing or start writing what people want to read.
Using the Y’alls InterfaceIf an individual wants to write an article and then publish it, the user must pay 0.01 cent in bitcoin which gets processed using LN micropayments. After writing a complete draft, a user presses the “Publish Article” tab and the website issues an LN invoice so the payment can be completed. At the press time, there are roughly fourteen articles submitted to the Y’alls platform. So far submission topics vary with subjects like a curry tuna fish salad recipe, Satoshi Nakamoto’s white paper, a declaration of the independence for cyberspace, and more.
More Lightning Projects Being DevelopedY’alls is just one of the applications being built using the LN protocol as there are a slew of others being constructed right now. Currently, there is a Slack Tipbot, a Macintosh GUI wallet, a pay-as-you-go electric vehicle energy app, and a full node monetization platform. Further, the LN developer Olaoluwa Osuntokun recently revealed another project he’s been working on called, “HTLC-DASH.” The decentralized adaptive streaming platform aims to tether video streaming with the LN protocol. What do you think about the Y’alls application? Let us know what you think about this platform in the comments below. Disclaimer: Bitcoin.com does not endorse nor support this product/service. Readers should do their own due diligence before taking any actions related to the mentioned website or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Images via Shutterstock, and the Y’alls website.
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