I’m going to begin by explaining why we’d like Decentralized Social Media. When a social media platform is run by a centralized entity, there often tends to be some biased censorship. Decentralized social media makes it in order that no single entity could be in charge of what can and might’t be seen. As a substitute, communities collectively get to make all the selections by means of voting mechanisms. A social community is totally decentralized provided that everybody within the community has an equal say to 1 one other. If there may be a way of gaining extra voting energy than another person, the community turns into extra centralized in a approach, we don’t need that.
In a decentralized social media community, everybody has the chance to get a lower of advert income if sponsors wish to promote. Since communities are liable for sustaining their networks, the reward for doing so is distributed amongst them.
How do you make social media decentralized? The identical approach that makes cryptocurrency decentralized, blockchain know-how.
Is that this the top of Web2.0 social media? (All social media platforms used at this time) The reply isn’t any, they are going to nonetheless act because the front-end. I’ll clarify this additional down
OverWrite is the identify of my undertaking proposal. It’s a decentralized social media platform the place a community of content material creators can all equally contribute to publicly shared concepts or items of content material comparable to a neighborhood run weblog, novel, screenplay, and extra. Everyone seems to be rewarded SPONSO tokens that are offered to sponsors, 100% of the whole advert income is equally disrupted amongst customers within the community, anybody can promote their posts through the use of PROMO tokens that are earned by means of blockchain validation. Communities of customers are liable for self-governing their networks and get rewarded for doing so.
OverWrite is open-source, that means it may be forked and modified to fulfill the wants of various communities. Let’s check out the next instance. Group A needs to construct a decentralized community to speak all about well being and health so that they create a community utilizing OverWrite. Group B additionally needs to construct a decentralized community however they need to modify the default consensus mechanism and so they have a distinct segment for inventive writing, so that they modify the core OverWrite code and create their community. Now we have two totally different networks that use OverWrite that are each remoted from one another. Simply because you’ve got an identification in Community A (neighborhood A), that doesn’t imply you routinely have one in Community B. I believe networks needs to be remoted from one another for quite a lot of causes.
Communities get to resolve who they need to add to their networks. It’s not an open home, folks can’t simply be a part of by making a profile. Their profile must be authorised or vouched by folks within the community.
If anybody is free to hitch any community at any time when they need, it creates lots of issues that the outdated social media platforms face at this time. Bots, scammers, trolls.
It helps sponsors discover their proper audiences
Permits folks to construct respected profiles and creates stronger bonds in communities
The OverWrite blockchain is used for constructing networks. When somebody is added to a community, details about how that individual obtained on the community is added to a block. (Consider this like cryptocurrency transactions besides it’s for folks, not forex). The rationale it does that is in order that the neighborhood can simply hint malicious accounts and work out how they obtained into the community. It can be used for exchanging digital belongings comparable to PROMO tokens, SPONSO tokens, and non-fungible tokens. Blockchain validators obtain PROMO tokens. Nonetheless determining what sort of consensus mechanism to make use of.
I’m nonetheless unsure how intently tied the blockchain might be with contributions and modifications to content material. I’m nonetheless figuring this out. I’m considering perhaps the blockchain will hold monitor of people that have made modifications to content material however not hold monitor of the particular content material itself. The reason being as a result of I don’t need something comparable to a weblog to be completely saved on the blockchain. One of many factors of neighborhood content material creation is having the ability to collectively take away and substitute entries to a bit of content material.
The timeline is the place content material goes. When new content material is created, it’s placed on the timeline. If a neighborhood is utilizing an OverWrite community to collectively write a e book, their contributions could be occasions within the story and so they can specify the place they need it on the timeline relevative to already present occasions.
Contributions added to the timeline will not be everlasting as they are often eliminated or changed by means of voting. It’s additionally as much as the neighborhood how they need it to work. They’ll make it so anybody can contribute one thing or if they should get their contributions authorised first.
The Community, Blockchain, and Timeline are all thought-about to be a part of the back-end. The front-end is an utility (UI/UX) that enables customers to work together with their community in a simple user-friendly approach. Anybody can create a front-end utility. All it has to do is have the ability to log you into your identification on the chain and browse/write from/to the back-end. Entrance-Ends needs to be designed with absolute decentralization in thoughts. It shouldn’t have the facility to censor issues that exist on the timeline. Whoever is internet hosting these functions must show the community for the way it actually is.These functions can even have a function that lets customers join their wallets from different blockchains in the event that they wish to show their NFTs.
Proper now, I am networking with blockchain devs and undertaking managers so I can get this undertaking began. I’m additionally attempting to safe funding for the undertaking as a result of it’s not going to be low cost to make. Like I mentioned, I need OverWrite to be utterly open-source and I might be continuously updating everybody following the undertaking. With that mentioned, I might additionally very a lot admire it if I can get extra blockchain devs (little to skilled expertise) and fans to hitch this neighborhood. I actually admire suggestions. In the event you’re excited about becoming a member of the neighborhood behind this undertaking, please be a part of our new discord server. Thanks for studying