The Upvoting Rewards on Read.Cash Explained

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Avatar for irfanmustafa
1 year ago

Read.Cash is a blogging platform that allowed users to earn cryptocurrency (Bitcoin Cash - BCH) for their content. Upvoting on read.cash works similarly to other social media platforms with a voting system.

Here's how upvoting generally works on read.cash: Creating Content: Users can write and publish articles or blog posts on read.cash.

Content Visibility: When a new article is published, it appears on the platform, and other users can see it on their feed or the main page.

Voting: Users who like a particular article can give it an upvote to show their appreciation and support for the content.

Upvoting is typically done by clicking an up arrow or a similar symbol next to the article.

Reward Allocation: The upvoting system is directly tied to the platform's cryptocurrency reward system. When a user upvotes an article, a portion of the cryptocurrency (Bitcoin Cash - BCH) they have earned or accumulated is transferred to the content creator as a reward.

Weighted Voting: The voting power of each user may depend on their account's activity, reputation, or the amount of cryptocurrency they hold on the platform. This mechanism is designed to prevent abuse and spam.

Curation Rewards: Users who consistently curate and upvote high-quality content may also receive rewards for their curation efforts, which encourages active participation in the community.

It's important to note that since platforms and systems can change over time, there might have been updates or modifications to how upvoting works on read.cash.

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Avatar for irfanmustafa
1 year ago

Comments

This is a great guide for new members here.

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1 year ago

Thanks my friend!

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1 year ago