{"id":80591,"date":"2024-06-07T05:33:52","date_gmt":"2024-06-07T09:33:52","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=80591"},"modified":"2024-06-07T05:33:56","modified_gmt":"2024-06-07T09:33:56","slug":"bitcoin-svs-twetch-to-open-source-after-shutdown","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitcoin-svs-twetch-to-open-source-after-shutdown\/","title":{"rendered":"Bitcoin SV&#8217;s Twetch to Open-source After Shutdown"},"content":{"rendered":"\n<p>Twetch, a <a href=\"https:\/\/coinscreed.com\/staging\/decentralized-conversations-the-rise-of-web3-social-platforms.html\" target=\"_blank\" rel=\"noreferrer noopener\">Web3 social platform<\/a> on Bitcoin SV, shut down unexpectedly, leaving investors unable to redeem their NFTs and virtual collections.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"730\" height=\"360\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/bitcoin-changes-economics-of-social-media.jpg\" alt=\"Bitcoin SV's Twetch to Open-source After Shutdown\" class=\"wp-image-80602\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/bitcoin-changes-economics-of-social-media.jpg 730w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/bitcoin-changes-economics-of-social-media-300x148.jpg 300w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/><figcaption class=\"wp-element-caption\">Bitcoin SV's Twetch to Open-source After Shutdown<\/figcaption><\/figure>\n\n\n\n<p>Twetch, a social media platform that operates on the Bitcoin SV (BSV) blockchain and is a Web3 competitor to X, was unexpectedly shut down on June 6 without prior notice.<\/p>\n\n\n\n<p>Several crypto investors were subsequently unable to redeem or cash out their <a href=\"https:\/\/coinscreed.com\/staging\/nonfungible-tokens-nfts-explained-for-beginners.html\" target=\"_blank\" rel=\"noreferrer noopener\">nonfungible tokens (NFTs)<\/a> and virtual collections. This occurred shortly thereafter. The company responded to a single investor by stating, &#8220;We are in the process of addressing the matter.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"432\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/e7319c7a-4429-4324-b7b8-e011e9c35c4b-1024x432.png\" alt=\"\" class=\"wp-image-80605\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/e7319c7a-4429-4324-b7b8-e011e9c35c4b-1024x432.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/e7319c7a-4429-4324-b7b8-e011e9c35c4b-300x127.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/e7319c7a-4429-4324-b7b8-e011e9c35c4b-768x324.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/e7319c7a-4429-4324-b7b8-e011e9c35c4b-750x317.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/e7319c7a-4429-4324-b7b8-e011e9c35c4b.png 1047w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The reasons for Twetch's eventual closure were not disclosed on the website. Nevertheless, the Twetch mobile application is still available for installation from the Apple and <a href=\"https:\/\/play.google.com\/store\/games?hl=en\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Google app stores<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> as of the time of this writing.<\/p>\n\n\n\n<p>Craig Wright, who for years attempted to claim credit for the creation of Bitcoin, founded Bitcoin SV.<\/p>\n\n\n\n<p>Craig Wright, the pseudonymous creator of the Bitcoin network, was not Satoshi Nakamoto, as determined by a United Kingdom court on March 14.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twetch, a Web3 social platform on Bitcoin SV, shut down unexpectedly, leaving investors unable to redeem their NFTs and virtual collections. Twetch, a social media platform that operates on the Bitcoin SV (BSV) blockchain and is a Web3 competitor to X, was unexpectedly shut down on June 6 without prior notice. Several crypto investors were [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":80602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[152,4218,19887],"class_list":["post-80591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-open-source","tag-twetch"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/bitcoin-changes-economics-of-social-media.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/80591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=80591"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/80591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/80602"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=80591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=80591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=80591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}