Eventum — Decentralized real-world data feeds

novikov433 (27)in #blockchain • 6 years ago (edited)

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Nowadays, the problem with the constant flow of information, which comes from every place on the Internet, is most strongly distributed. A lot of useful information is lost against the background of paid advertising and marketing and it remains without payment, although it carries a greater value than useless twisted content. Such a system is completely outdated and requires the introduction of new blokhain algorithms, because a lot of false information is contained in the top. A solution to the problems of outlined above is Eventum. This process is done in real-time by a decentralized network of reporting and validation nodes in the Eventum system. Asymmetrical cryptography and blockchain solutions, Ethereum, Swarm and Whisper, are also used to provide asecure and fair system with free market economics. I can say with confidence that this is the first time I’ve seen such a system! The system will give a colossal unloading of deception and deceitful information that people publish who are hungry for quick profit. All truthful information confirmed by the crowd’s opinion will be stored inside the developer’s blockbuster and none of the third party will be able to interfere with their processing. The advantage of such a systemma system is zero margin and commission, since people in the market themselves select only the best. The most experienced team of the project will keep all the boxes and will seek only the truth! After all, they spent a long period of time analyzing the supply and demand of information from various sources. Still, the advantage of the platform is that now anyone will be able to earn money on trust and sympathy from members of the community. You can also help the network and earn passive income by means of a validation node.
How does the ecosystem work?

Eventum’s system is a bridge between data providers and developers. Data providers have access to data that is valuable, which they then report via a mobile/desktop app to the validation nodes in the Eventum system. Validation nodes then wait for a consensus to be reached (i.e. multiple data providers send the same information) and then send this data to the developer in the form of a real-time API. The developer locks a reward in a smart contract, which is then split and given to data providers that were part of the consensus. The reward is split proportionally to the speed at which the data was provided, so the real-time natur. I’m just amazed at what the developers are up to. The system has no boundaries, since it can contain sources of obsaljutno any information and obsalyutno any member of the community will be able to improve it. All data coming into the inside of the platform will interact with the system of smart contracts and after that as it converges to be published inside the intellectual platform based on the blokchain. There will be both a trading platform information, and intellectual property of smart contracts.

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Smart contracts are responsible for the safety and fairness of Eventum and are used for staking, holding the funds, reputation system, dispute, review mechanism, and governance. At the creation of the market, the developer locks in his reward together with the hash of the consensus rules (which are saved on Swarm). After the selection process, first, the validation nodes are added to the contract and then the data providers. Another set of contracts is used for keeping and updating the reputation score of all the nodes in the system and another set for the dispute and review mechanism. Changes to the core layer of Eventum’s architecture are done via a decentralized voting system
implemented in the set of contracts responsible for the governance of the system. While Eventum does not enforce any authentication apart from the private/public key associated with each node, it does support authentication identifiers, which can be used throughout the system. This means that authentication can be required for some (or all) parts of the system, which can be especially useful for guaranteeing uniqueness of the votes from the data providers. Authentication can also be useful when a special set of data providers are required (e.g. only doctors can join a specific market).To receive data from Eventum, a developer first needs to define what kind of data he wants, what are the rules for the consensus and how much he is willing to pay for it. Summarizing, I can say that this is one of the best projects that I just saw, because to earn on the Internet, you must first find the information you need, and this project will do it 100%! No decision is better than this I have not seen the project, although the idea as such was taken from a completely different subject.

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