Oyster - Goodbye Banner Ads. Hello Oyster.
The future of website monetization and distributed storage, built on IOTA Tangle and Ethereum.
STO/ICO Status
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Basics
| Platform | N/A |
|---|---|
| Type | N/A |
| Accepting | Others |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
problem
Currently, the advertisement model of the Internet is collapsing. In the first place, banner advertisement on the Internet is a proposal style with weak appeal. Regardless of privacy, it comes into view and users can not concentrate on watching the website. In addition, the banner advertisement has been ignored by the fact that the ad blocking function has been enhanced, and creative advertising advertisers are also suffering now.
solution
Oyster
Web site operators will be able to earn income by simply placing a line of code inside the website. Web site visitors can save their own files in a distributed anonymity ledger instead of providing some of their PC's CPU and GPU power. This means that the owner of the website is pseudo remunerated by the storage user, so that visitors to the website can enjoy browsing without advertisement.
Structure of Oyster
Oyster is a robust data storage protocol.
Robust and redundant data storage
Files uploaded via Oyster are saved on IOTA's Tangle. This means to mitigate the threat of data loss as it is stored throughout the network of closely overlapping Tangle. In addition, the node that runs Oyster Protocol executes Proof of Work to ensure that Tangle holds the data.
Dual leisure integration
IOTA's Tangle (DAG: Directed Acyclic Graph) is used to negotiate data retention and work proof between nodes. Oswer Pearls (token) is created by Ethereum's Blockchain smart contract technology. This allows Oyster to operate.
Treasure Hunting Algorithm
Oyster Web Nodes runs Proof of Work and searches for data (Pearls) that users inadvertently uploaded to Tangle.
Zero knowledge, anonymous memory
We do not use personal information, user name, password. Each uploaded file is assigned its own handle. This handle also behaves like a private seed key. People with handles can retrieve data from Tangle even if they use their own custom scripts and Tangle nodes. And Ethereum Blockchain's mixer contract allows you to hide who paid for storage.
open source, extensible, auditable
The Oyster Protocol is developed in a community driven model without a single point of failure. Extended projects can be built on mesh net arrays and protocol APIs. This allows you to build a whole class of truly distributed applications. No central administrator's permission is necessary, and anyone can develop extended functions.
Payment value to intrinsic storage
Oyster Pearl is a bridge between users using money to ensure that data is stored and the website owner wanting to monetize the Web content cleanly. Pearl tokens (PRL), unlike any other coin, are essentially fixed to the market value of the storage price without requiring preparation to back it up.