Joining the Club Using My Existing Hive Account
Hola! So I'm in!
I learned about this new interface and community the other day through the Saturday Savers Club post. Reading through the comment section, I came across Starkerz reply to Alonicus, re:
My curiosity was piqued, so I checked one of the recommended videos. It said that one must first install the XVerse wallet (Chrome extension) and the Wallet of Satoshi (on Android). After doing so, I proceeded to the next steps as follows:
Joining the community
URL: https://onboard.bitcoinmachines.community/
The homepage contains helpful tutorials (Installing Hive Keychain and XVerse wallet extensions). Navigating the next link (One Btc Club) on the site, I discovered that one can join by creating a new account but should have at least 5k sats on his XVerse wallet.
I was chuffed to see that I do not need to create a new one but can join using my existing Hive account. Brilliant!
I thought I'd try, although I read from the other testers that they attempted to do that but were unsuccessful, so they created new accounts.
After typing my Hive username (without the @ sign) and then clicking on "Get btc address", the XVerse wallet popped up with the connection request.
After approving the request to add my existing account, I was asked to Sign Message (my Hive username, the BTC and Ordinals addresses from my XVerse wallet have been automatically obtained)
Then, it was time to connect the account. This step required approval using Hive Keychain. After confirming and connecting, it was time to log in to the OBC interface.
Logging in (https://onebitcoinclub.org/)
The interface is very familiar as it is similar to Ecency, which reminded me of the breakaway communities I have heard about before from theycallmedan and starkerz. I have no doubt this is one of such and was confirmed later when I read this post.
Anyway, after getting in, it was time to edit my profile settings and add the Lightning wallet address (I used Wallet of Satoshi), which assigned me a strange address., lol!
From what I read, one can also use the address from the v4v app, so I might change mine with it soon!
I did fund my XVerse wallet with some sats (to post through the interface, one needs at least 5k sats).
So I am in the club, and this is my first post through the frontend. I just had to experience it.
It is quite exciting to receive some sats while earning HP and HBD too! I did notice that @btc4content is set as a default beneficiary to receive 30% of a post's payout. A little too much?
A few observations:
- Easy navigation and there are not many links or menus on it.
- Posts are categorized based on the poster's BTC balance.
- The feeds on the frontend take time to load.
- No option for post scheduling
Overall, it has that familiar feel (Ecency), even when drafting a post, attaching images, and such.
So, that is it! Let's see how things go. Cheers!
Lead image edited on Canva. Screenshots are from OBC onboarding and OBC frontend. 12032025/07:35ph
You're a natural, you just jumped in and figured it out. That 30% default beneficiary cut is a bit high in my opinion, feels like a welcome tax, lol. Hope it turns out good 🙏🙏
It's nothing complicated :)
It's a bit high indeed but maybe, it's what they use to tip users with satoshis just like steemmillionaire mentioned below. The community is new so we will learn more about it overtime.
oh the tipping strategy, it makes sense now I see
yes, correct, they take 30% to cover the instant satoshi tip you get when you are voted. I think you were tipped already with sats: https://hivehub.dev/tx/379a8c84cd3c1a67c11307d593bf4dff6482a837
Welcome
It is nice to see more blogger join the community
Interesting presentation
I am still learning much about this new tech
Peace
Thank you. I think most of us are intrigued :)
where do they get the sats to pay for the posters? that is very interesting. more options to earn apart from HBD and Hive. Does the beneficiaries also taken from the HBD and Hive payout or only for the sats?
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I have no clue to be honest but maybe it's from the community creator's account. I think the 30% includes HP and HBD. Also, one earns sats when the post is upvoted/curated by certain curators/accounts.
$PIZZA slices delivered:
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May mga bago na pla. So outdated ako sa mga ganap dto sa Hive.
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Oo nga sis, nung isang araw ko din lang nalaman. Hope you're doing good, sis :)
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You can lower the beneficiary I think? Like on peakd where you can edit it
I don't like the fact that they want you to have amounts of btc for stuff tough
The set beneficiary is fixed, it cannot be edited or removed :)
I think they added the 5k sats as a pre-requisite as the community is described as a "Social posting for bitcoiners" and for the posts to show up on their respective category based on the poster's BTC balance.
From what I understand, the Satoshi's are coming from the mandatory 30% beneficiary - although not transparent on how the conversion works.
But kudos to the new community here on Hive!
So they take 30% of your Hive Posting rewards (HIVE, HBD) and give you Parts of that back as Sats?
This is what I understand, but I could not find it proper documented...
Thanks. Then I don’t really need this. I can convert my HBD or HIVE myself into Sats if I want to. @brianoflondon does make it possible 🤝🏻
That might be the case. They use it to instantly tip users whose posts they upvote.
Yes, it's a nice addition to the blockchain.
This looks nice that one can earn some sats but is it good for a new user? Need your suggestion
It could be a nice experience :) Although I believe one earns sats when the community account upvotes the user's post.
Wao. I didn't know about this tho. I have to give it a try.. thanks for sharing
We learn new things every day :) Have fun!
Yeah
The sats one would receive during its usage is mouth watering
It’s really cool
It could be a good way to stack up sats :)
Most easy-to-understand guide so far. Thanks!
!BBH
!PIZZA