Technology block chain is changing the world in ways that were unimaginable until now for many of us, and best of all is that change is in support of individual freedoms and collective organization improvements.
Bitcoin was the first application of this distributed technology that brought empowerment and financial freedom to the digital age, yet many other applications have emerged using this innovative tool by combining networking features peer-to-peer , encryption and consensus distributed system.
Among the many industry sectors that have already experimented with this technology, there is a very important in our society that needs a radical change in its business model and dynamic: the sector of the media. It is in this space is about to break a project with great potential to place a reference point in the evolution of distribution and access to content.
We talk about DECENT , open source platform for content distribution through technology blockchain code.
This platform uses the technology chain blocks to provide publishing services, distribution and consumption of multimedia content in a, safe, profitable quickly and freely accessible. DECENT has been in development for about more than 18 months that has found the strength, lightness and efficiency that requires a blockchain platform for content distribution specifications.
WHY A PLATFORM LIKE DECENT?
Information is a very important element today and will remain so even more in the future. The arrival of the printing press in the Middle Ages not only changed the way books are created, but opened the opportunity for a larger group of people could create, share and get information.
DECENT As highlighted in its white paper , in today 's digital age this analogy can be found with the use of technology applied to blockchain current information flow. Since we still rely on third parties to distribute content (Facebook, Medium, Reddit, Twitter, etc.), users do not have tools distributed where censorship and filtering of information are not present in one form or another.
The use of technology allows blockchain audiovisual content to be recorded safely and durably in time, protecting the copyright of creators and content security by storing in a distributed database and robust.
In addition, the economic incentive that provides DECENT establish a blockchain platform where authors and publishers receive payments directly from consumers of content , without third parties to stay with large percentages of profits, is a factor very attractive for use this platform.
HOW DOES IT WORK?
Focusing on three main user groups: authors, broadcasters and consumers; DECENT combines the advantages of technology to ensure Blockchain content distribution and strength of its platform. It also allows users to publish, distribute and consume content at the same they get monetary gains cryptocurrency platform: tokens or chips DECENT (DCT).
Miners in this blockchain platform are performing tasks broadcast receiving content created by the authors and then storing it in the network nodes DECENT for later enjoyment by consumer users.
With the clever use of cryptography, authors can encrypt the contents and then consumers will buy the corresponding private key for decryption, this way consumers pay for the content they want using the platform cryptocurrency (DCT). With this process, the authors receive the highest percentage of consumer payments directly, while a small fee is delivered to the mining / diffuser that records the transaction.
DECENT uses a modified mechanism Proof of Stake (PoS) to achieve the consensus of the different network nodes. This is based on the participation of the space / time provided by broadcasters ( "miners") and its processing time employee by distributing key relationship.
To complement the mechanism, DECENT employs two innovative concepts very well suited to this type of network of incentives devised for content distribution: Proof of Retrievability (Test of recoverability) and Proof of Delivery (Proof of Delivery), both attest that mining / diffusers have the content to be released and subsequently has been delivered to a consumer who has paid for the material.
THE PROPOSAL DECENT
The development team of this project offers an innovative, useful and necessary for society in the field of alternative content distribution. There are many aspects that current networks and information dissemination mechanisms should be improved to allow greater movement of content. With the platform DECENT, censorship today suffer many activists, for example, it can be eliminated by having an open network where users who are interested in their publications can access them without the intervention of outside agencies. Even making use of anonymity distributed technologies provide.
In another aspect, the business models of centralized platforms currently draw much capital that could well be in the hands of the authors, the real drivers of this industry. With DECENT, users can be sure that your payments are transferred directly to the author through transparency that offer public records blockchain of each transaction on the network.
DECENT presents us all a tool designed to revolutionize the field of information using the innovative principles of the blockchain and disruptive technology. A key to open the door to the future of information.
The presale of coins of this platform is scheduled to start on September 10 this year.
Thank you @chonesta