Friend.tech look-alike ‘Alpha’ emerges on Bitcoin network
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
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 storage, with Trustless Computer being the project’s own scaling network for Bitcoin.
One of the co-founders of the project is a pseudonymous user dubbed Punk3700, who is quoted describing the makeup of Alpha as “a rollup that rolls up to another rollup that rolls up to Bitcoin.”
Cointelegraph spoke with Punk3700 to better understand the developments behind the launch of the new Bitcoin-based social token network.
He said the optimistic rollup layers “work in tandem” to provide security and efficiency for the environment to deploy decentralized applications.
“NOS is configured with a hybrid design that uses Bitcoin for data validity,” he said, “and then uses Polygon for data storage — in the end, we settle on Bitcoin.”
He said building up Alpha in this way helps benefit the users in terms of lowering transaction fees. According to Punk3700, users and the community are the main drive for the creators of the Alpha platform, who developed and launched in only 48
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