Decent (DCT)

Decent (DCT) widget

ICO date: 09.09.2016 - 04.11.2016
Industry: Media
Description:

A decentralized platform for hosting all types of digital content: articles, books, blogs, video, music, pictures, audio and video streaming, and software.

Features:

- Independent content publishing, a lack of censorship from any third parties - No central servers - Possibility of creating new projects based on the Decent protocol - Users can profit from the digital content they create - Anonymity

Founded: Slovakia
Technical details:

DECENT is an autonomous Type I Decentralized Application (Dapp) that enables digital content publishing. It uses its own independent blockchain. DECENT has based its principles on Bitcoin, Peercoin and Bittorrent, using a PoS-modified consensus algorithm (details not disclosed). DECENT was designed with principles of “functional decomposition” in mind. The system has three independent layers, each one serving a specific function: - The data distribution layer which is used for storing and sharing huge amounts of user-generated content. - The blockchain, where all the transactions and contracts happen in a publicly verifiable way. Also, the blockchain is used to store permanent data, meaning: buying transactions, publishing transactions, ratings, etc. - The recommendation layer, which consists of a set of independent recommendation engines that help the consumer select the content most relevant to them. From a user’s perspective, there are three roles they can play: - The Author. The author creates a new content and publishes it on the network. - The Content Consumer. The Content Consumer reads, watches, listens or otherwise consumes the content created by authors. - The Publisher and Miner. The publisher plays a vital role in the network: the publisher stores the content created by the author and distributes it to consumers. The miner verifies the transactions and realizes payment distribution. As such, they are responsible for the consistency of the network.

Website: decent.ch
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Very High 4.2 / 5.0
Risk score
Low

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See also