Utsav Jaiswal

Blockchain Editor - hackernoon.com

Hacker Noon's Bitcoin Manifesto

Hint: We're Turning Up the Heat on Bitcoin Stories. Only the best will make the cut.

I) #Bitcoin Spotlight: An Exclusive Corner for The Awesome Bitcoin Stories

If a story on Hacker Noon is tagged with the Bitcoin Spotlight tag (#bitcoin-spotlight), be assured that this is not going to be a story about shitcoins, altcoins, or whatever they're calling it these days.
It's going to be all about the BTC.
"Yet, there is as yet a central issue that hangs over each individual in Mexico about putting resources into Bitcoin; "Bitcoin being legitimate in Mexico?" Presently, the nation's enactment forces a few limitations to utilization. Consequently, Mexicans are permitted to make exchanges in Bitcoin"

II) Culling the Shilling and Scamming

"There is no cryptocurrency but one and bitcoin is its name."
As a free to publish platform, Hacker Noon published over 1 Million words in the last one month alone. This makes it a ripe ecosystem for shillers and scammers to blend in with the people genuinely trying to educate Hacker Noon readers and gather feedback.
This ends now.
Only those stories that primarily talk about bitcoin will be able to tag #bitcoin to their stories. Other stories that try to leverage the SEO of the bitcoin tag will have their bitcoin tags removed.
"Despite chain analysis and blockchain forensics technologies that are available to assist the IRS, the likelihood of the agency successfully forcing their hands on compliance to 10,000 early adopters of Bitcoin (vastly composed of Libertarians) is highly unlikely."

III) To Provide a Watering Hole for Bitcoin HODLers and Maximalists

 As bitcoiners have come to painfully, sadly, and/or angrily realize, the thought leadership around bitcoin is not found (at least anymore) on crypto-publications. It is relegated to twitter threads, tweet storms, and reddit comments.

Hacker Noon aims to fill that void by inviting existing and upcoming bitcoin thinkers to write on Hacker Noon. We are free to publish, or for that matter, even to re-publish. Add your canonicals as simply as copy-pasting.
"It’s been 10 years since the invention of Bitcoin, and I hope to see the same thing for cryptocurrencies. It makes no sense to me that we still see coins like Ripple in the top 5 coins by market cap when it isn’t even a decentralized cryptocurrency."

IV) But Not Shy Away From Valid Criticisms 

Remember "The Blockchain Trilemma"? Yeah. We wont shy away from discussing that, or, begrudgingly, about the BTC price volatility (since BTC is more than an investment vehicle). Constructive criticism is the way ahead for BTC adoption and we're positioning ourselves as the enabling environment that fosters it.
"Surprisingly enough, the Bitcoin network is not growing that fast with more addresses going to zero balance as new addresses being added. However, there is a growing number of active addresses which is a sign of robustness of the network."

V) Or Gauntlets Thrown by the Alts Claiming to be the next Bitcoin or Bitcoin 2.0  

Every week we read about an altcoin making the tall claims of having improved upon the Bitcoin architecture, economics, or even the utility. While we welcome free speech, we will filter out the hot air balloons.
"Some people hate Dash and call it a shitcoin. It doesn’t really matter what trolls say, though. I’ve done my homework and I like what I see so far. Contributing to the Dash ecosystem feels like a very positive thing for my life. Working with a group of intelligent, compassionate and committed people is a dream come true for me."

VI) To Encourage Discussion based on Facts instead of Hyperbole

It is easy to say that bitcoin is digital gold but more valuable. Similarly, its easy to get carried away in our fanboy-isms and fangirl-isms to begin painting a picture that, at best, is still a few years away, sadly, if we might add.

There is a difference between Advocatism and Wiccanism. On Bitcoin, we're firmly on the side of greater adoption via advocacy and sound reasoning.
"Right now, around 20% of the total supply of Bitcoin hasn’t been spent in over 5 years, meaning 20% of the supply is currently being held for the long term, or maybe even lost due to forgotten keys and passphrases."

VII) To Conclude With This

If you have a friend or a relative who's recently heard about bitcoin, we want Hacker Noon to be there for them and enable them to form independent and fact-based opinions, give them the confidence to dip their toes in the water, and above all, build upon their learnings and become the thought-leaders of tomorrow to take the narrative forward.
Until then,
Have a great weekend,
Utsav Jaiswal and Pirate Beachbum from Hacker Noon
(Feature Image Credits: Luca Bravo)

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Comments

August 10th, 2019

The fact that you are trying to bring in more serious and value stuffed content related to Bitcoin is appreciable. But just doing so for one hashtag and leaving aside the others still gives room for poor quality content, doesn’t it?

Don’t you think going for the quantity will have an adverse effect on quality?

August 10th, 2019

1 million words in a single month? How many editors does that take to read and publish?

By the way, great move to give an exclusive space for bitcoin specific articles.

August 10th, 2019

Thankfully, at least someone realizes that crypto adoption is still some years away and realizes that creating unnecessary hype won’t help. I loved that part.

So many people in the crypto industry are acting as if cryptos are the immediate future. Like it’ll be there everywhere just tomorrow. No, it won’t be. With whatever basic understand I have of cryptos, I’m sure it’ll perform great in the long run, but people are still not ready for it. And we can’t force it to them.

August 10th, 2019

We’re not gonna ignore the others. Just gonna get stricter with #bitcoin.

Think of it this way. Our software development and programming stories hardly ever run into the problem of vested interests trying to sneak a feature in. But, when you come to Blockchain stories, it’s all about that. As the biggest cryptocurrency, bitcoin gets tagged more because of altcoin related stories than actual btc stories.

This is a tightening of our editorial policies. We’re hopeful you’ll find great value in this exercise once #bitcoin-spotlight starts to get populated.

August 10th, 2019

Thank You.

@Storm, @natasha, @piratebeachbum, and @David are the Hacker Noon editors who’ve, between them, reviewed and published over a million words.

Storm codes for Hacker Noon too. Natasha looks after The Noonies too. Pirate is also an advisor to Hacker Noon. And David, as CEO, spends all his time here.

So yeah. Hacker Noon editors spend a lot of time on the product and with the product.

August 10th, 2019

That’s the excitement that fueled the great ICO boom of the 2017.

That’s the idea behind bitcoin-spotlight. Get people educated about bitcoin.

August 21st, 2019

I like this article very much. Only HN keeping me updated which is going on on crypto-scene.
Nice work!

August 22nd, 2019

We want to make a push for more Bitcoin content at Hacker Noon, but we’re not all Bitcoin maximalists. I’d in fact consider myself to be a Bitcoin minimalist.

I believe some of the most interesting tech is happening outside the Bitcoin blockchain and that tech should have a voice at Hacker Noon. It is fair that these non-Bitcoin stories don’t pollute our Bitcoin tags. But hackers should be very interested in smart contracts and new functionality available in emerging blockchains. That content should be free to carve out its own space on Hacker Noon.

Nori is an example of an emerging tech that I’ve had my eye on and would absolutely love to see a thoughtful story on Hacker Noon. They appear to be building a carbon capture marketplace and I’d really like to better understand how it is supposed to work. How will hackers build tech on top of the Nori platform and provide tools for farmers to use?

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