In the world of crypto there are more and more social networks that reward their users with cryptocurrencies - it is steemit, hive, read.cash and others. But there is one more site that deserves attention because of the technology it uses to reward its users.
I would like to introduce you to a social networking site that has been around for over a year, though surprisingly it hasn't broken through to the mainstream yet, and is innovative enough to introduce it to this blog - here is ZapRead.com - Social media, networking, and publishing where users earn Bitcoin over the Lightning Network - this is how its creator defines it. Here every satoshi matters!
What is a lightning network? A brief explanation for people who have not yet encountered this layer of the Bitcoin network.
The Lightning Network is a "Layer 2" payment protocol that operates on top of a blockchain-based cryptocurrency (like Bitcoin). It enables fast transactions among participating nodes and has been touted as a solution to the Bitcoin scalability problem.[1][2] It features a peer-to-peer system for making micropayments of cryptocurrency through a network of bidirectional payment channels without delegating custody of funds.[3] Lightning Network implementation also simplifies atomic swaps. [1]
How ZapRead works?
ZapRead.com is a relatively new social portal based on the mechanism of rewarding users through the Bitcoin Lightning Network - each user account is integrated with the LN wallet for which you receive rewards for activity in the form of BTC (in the satoshi unit). ZapRead works on a similar principle as Steemit, but it is not based on any blockchain, it only allows users to be rewarded for their content, comments, reputation in individual groups. The main difference is that at ZapRead, users reward other users - the platform does not reward or generate tokens, it only allows the distribution of funds between users depending on their reputation. 60% of the reward for a given content / comment goes directly to the user, 20% to the community in individual groups, and 20% to the creator of ZapRead for infrastructure maintenance. If you want to have a greater impact on what content will be rewarded, you can deposit a certain number of satoshi into your LN ZapRead wallet and distribute it to selected community members. This place should not be treated solely as a website to earn - your activity should support the entire community - the stronger the community, the greater benefit to all Zapread users will come.
Each of you can create your own group there and add interesting content - eventually Zapread users will evaluate your conten, everyone votes using their own wallet. An additional benefit of ZapRead's activity is that every user participates in testing the rapidly growing second layer of Bitcoin network - Lightning Network - the knowledge you can acquire during this activity can be really can be priceless.
You can withdraw your wallet balance to your own private wallet at any time - here are the best lightning wallets that You can use:
https://www.walletofsatoshi.com/
Here are the 4 best wallets that you can install on your phone and receive and send fast BTC lightning payments almost for free. There is no need to worry about the fee anymore. I hope that sending satoshi via zapread will become even simpler and more common.
![[1]](https://bitcoinpl.org/wp-content/uploads/2019/08/zapread.jpg){kind=link}