Free Bitcoin on Zaps experiment — but what are Zaps?

Degroots quest continues. He wants to Zap every user on Orange Pill App, buoyed by the enthusiasm hes consulted with from fellow users: “My Favorite response was Thank you for sending me those sats I have never ever been zapped prior to you made my day!” He concluded the experiment on August 7, telling the Zap-curious to “DO IT”. I sent out ~ 600 zaps for a total of 180,000 sats and was zapped back ~ 40 times with lots of people informing me they would pay it forward. Had a single person send me back 50x what I sent them & & another 80x to support the cause. If you have the chance to zap someone for the very first time DO IT ⚡– Michael Degroot (@_mikedegroot) August 7, 2023

To date, marketing executive Michael Degroot has actually doled out over $50 in Bitcoin to people around the world. He has actually considering that been Zapped back more than 40 times, receiving more than $6. ~ 700 individuals, if you arent on there already heres my recommendation code.

Zaps are tiny or generally little amounts of Bitcoin, determined in Satoshis, and they are sent out peer-to-peer. Zapping on NOSTR While Orange Pill App, Geyser Fund (a crowdfunding platform) and Stacker News are Zap-arenas, the tipping function is significantly popularised by Nostr, short for or Notes and Other Stuff Transmitted by Relays. Nostr recently reached 4 million users while hundreds of thousands of dollars worth of Bitcoin has actually been zapped throughout the world. I.e – if you publish beneficial material on Nostr, you might be rewarded with a bountiful Zap– much like you would tip a waiter in a dining establishment for outstanding service. I sent ~ 600 zaps for a total of 180,000 sats and was zapped back ~ 40 times with many people telling me they would pay it forward.

Eventually, Degroot routinely zapped profiles who received their first-ever Sats. Pellegrini summed it up sweetly: “After all, who doesnt like some sweet sats?”

Zaps are usually little or tiny quantities of Bitcoin, measured in Satoshis, and they are sent out peer-to-peer. Zapping on NOSTR While Orange Pill App, Geyser Fund (a crowdfunding platform) and Stacker News are Zap-arenas, the tipping feature is increasingly popularised by Nostr, short for or Notes and Other Stuff Transmitted by Relays. Nostr recently reached 4 million users while hundreds of thousands of dollars worth of Bitcoin has been zapped throughout the world.

Other Questions People Ask

What is the Free Bitcoin on Zaps experiment conducted by Michael Degroot?

The Free Bitcoin on Zaps experiment, led by Michael Degroot, involved sending small amounts of Bitcoin, known as Satoshis, to users on the Orange Pill App. Degroot aimed to encourage others to participate in this peer-to-peer transaction system by sharing his experience of sending out approximately 600 zaps totaling 180,000 sats. He received over 40 zaps back, with many users expressing their intention to pay it forward, showcasing the community spirit within the Bitcoin ecosystem.

How can I participate in the Free Bitcoin on Zaps experiment?

To participate in the Free Bitcoin on Zaps experiment, you can start by joining platforms like the Orange Pill App or Nostr, where zapping is popular. Once you're set up, you can send small amounts of Bitcoin to other users as a form of appreciation or encouragement. Engaging with the community and zapping others for their contributions can lead to reciprocal zaps, enhancing your experience and fostering a supportive network.

What are Zaps and how do they work in the context of Bitcoin?

Zaps are small amounts of Bitcoin sent peer-to-peer, typically measured in Satoshis, which serve as a form of tipping or appreciation for content creators. In the context of the Free Bitcoin on Zaps experiment, users like Michael Degroot have utilized zaps to reward others for their contributions on platforms such as the Orange Pill App and Nostr. This system not only incentivizes quality content but also builds a sense of community among users who appreciate each other's efforts.

What platforms are popular for zapping Bitcoin?

Popular platforms for zapping Bitcoin include the Orange Pill App, Geyser Fund, and Stacker News, where users can send and receive small amounts of Bitcoin. Additionally, Nostr has gained traction as a tipping platform, allowing users to reward valuable content with zaps. These platforms facilitate peer-to-peer transactions and foster a sense of community among Bitcoin enthusiasts looking to support each other through microtransactions.