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RE: The Speak Network Incentive Layer (Hive Fest)

in #speak3 years ago

The world needs a genuinely decentralized video hosting platform. Mining through the provision of IPFS resources coupled with advertising sales creates a fair easily scalable system.

My only wish is that the three tokens could be Hive's SMTs ;-)

Which blockchain (or a centralized service) you are planning to use for hosting these tokens?

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The tokens will be built on decentralized technology. What we need as per the PoA mining and the SCL will need smart contracts which we are going to build on Hive. We, as in the Hive community as many are building a decentralized sidechain solution. Blocktrades is our first choice and we are eagerly awaiting his testnet after the holidays, however there are several others working on a solution, including us.

3Speak tokens have unique rules and require smart contracts. And the fastest and most scalable way to launch smart contracts is on the second layer.

But what's the plan for achieving true decentralization on the second layer?