What is Bitclout ?

What is BitClout?

BitClout is a new type of social network that lets you speculate on people and posts
with real money, and it’s built from the ground up as its own custom blockchain. Its
architecture is similar to Bitcoin, only it can support complex social network data like posts,
profiles, follows, speculation features, and much more at significantly higher throughput and
scale. Like Bitcoin, BitClout is a fully open-source project and there is no company behind it–
it’s just coins and code.

Buying BitClout

The BitClout blockchain has its own native cryptocurrency, called BitClout, that you can use to
do all kinds of things on the platform, including buy a new type of asset called “creator coins,”
discussed below.
Anyone can buy the BitClout cryptocurrency with Bitcoin in minutes through the app’s built-in
decentralized exchange, available on the “Buy BitClout” page. The price of BitClout doubles
for every million BitClout sold. This makes BitClout naturally scarce, resulting in 10 to 19
million BitClout minted in the long run (less than Bitcoin’s max supply of 21 million).

Continue: What are Creator Coins?

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