💲💲💲 REOS: Decentralized Blockchain-Based Ecosystem For User-Generated Content
REOS is a blockchain-based ecosystem for user generated content (UGC)
REOS engages content makers and buyers. The stage empowers content makers to adapt their UGC, for example, short recordings, in an assortment of courses, without a mediator, while ensuring that the substance is approved by the REOS people group.
REOS Token (REOS)
REOS tokens (REOS) will be the cryptocurrency used on the REOS platform. To be issued on Ethereum, the utility token will be based on the ERC20 standard.
REOS Foundation plans to issue a total of 10 billion pre-mined REOS tokens.
More details will be published on REOS.ME soon.
All advanced substance contributed by content makers are additionally enrolled on the REOSchain TM , the primary blockchain for the REOS people group, to guarantee exact attribution of responsibility for computerized resources . Content makers can be safely paid by different partners, bypassing any middle people , by utilizing REOS, an utility crypto-token issued by REOS Foundation.
The estimation of the substance will be controlled by the REOS people group as opposed to by any focal expert, in this manner regarding the conviction that "Truth is Value."
Budget Allocation
Working with content makers on conventional online networking in ventures identified with live spilling and short recordings, we found that a large number of them are spurred by adapting their work, which is ending up progressively difficult. This is expected to a number of impediments to adaptation, for example :-
✺ Advertising is the essential strategy for adaptation, which frequently requires several thousands, if not millions, of perspectives to create important incomes.
✺ Middlemen take a noteworthy cut from publicizing incomes.
✺ Content can be utilized on different stages without consent or attribution.
✺ There is little security assurance,
the same number of stages share clients' data with publicists. We need to enable substance makers to adapt their work without compelling themselves to a couple of brought together online networking stages. We plan to give control and opportunity back to content makers while profiting content promoters, shoppers, and publicists in a non-customary way.
The characteristics of Blockchain that make it ideal to use in REOS:
✺ Decentralization: Data are held across the blockchain network, which eliminates the risks
and vulnerabilities that come with storing data centrally, such as central point of failure and
data loss.
✺ Openness: A public blockchain makes its data transparent to everyone involved. It is
permission-less, which means that applications can be added to the network without the
approval or trust of others.
✺ Security: Blockchain offers high-level of security against fraudulent activity such as data
tampering and identity theft.
Current blockchain initiatives that use DPoS include BitShares, Lisk, EOS, Steem, and Ark. 21 REOSchain TM ’s consensus algorithm is based on the DPoS protocol [08].
DPoS Consensus Protocol of REOSchain
Assigned Power of Stake (DPoS) convention is thought to be the speediest, most proficient, most decentralized, and most adaptable agreement show. In REOS, we call the full hubs that are set up by content promoters "ace hubs". As said before, each ace hub is ensured by 100,000 REOS. The ace hub will:
Assigned Power of Stake (DPoS) convention is thought to be the speediest, most proficient, most decentralized, and most adaptable agreement show. In REOS, we call the full hubs that are set up by content promoters "ace hubs". As said before, each ace hub is ensured by 100,000 REOS. The ace hub will:
• collect and approve REOS content trade exchanges in the system.
• generate new obstructs at regular intervals.
• sign and communicate these pieces and
• I f there are issues with respect to agreement, DPoS enables them to be settled in a reasonable and vote based way.
In principle, no ace hub can change any substance trade exchanges on REOSchain TM. Be that as it may, as a validator of exchanges, one ace hub could avoid certain exchanges in a piece, which could profit the substance promoter. Notwithstanding, REOSchain TM's DPoS calculation can endure such blame on the grounds that the following square made will incorporate these exchanges when it is created by another ace hub. Accordingly, the exchanges might be somewhat postponed. Moreover, the revelation of that one ace hub barring certain exchanges will in the end prompt the deceptive hub getting voted out by whatever is left of the system.
