Oyster Protocol (PRL)

Oyster Protocol (PRL) widget

ICO date: TBA
Industry: Business Services & Consulting
Description:

The Oyster Protocol enables websites to generate traffic revenue as visitors perform Proof of Work for a decentralized storage ledger.

Features:

The Oyster Protocol introduces a different approach to getting content publishers and content consumers to reach equilibrium and cooperation. As a consequence, anyone with a web browser can store and retrieve files in a decentralized, anonymous, secure, and reliable manner.

Users can earn Oyster Pearls by collecting leftovers from newly buried treasure.

Users can earn Pearls by collecting fees from newly discovered treasure.

Since the Oyster Protocol aims to commit data more reliably to the Tangle, bandwidth access to the Tangle is rewarded with a share of the processed Oyster Pearls. Tangle Nodes that adhere to the Oyster Protocol specifications are called Broker Nodes. Broker Nodes act as a bridge from the Tangle to Web Nodes and Storage Users.

Website: oysterprotocol.com
Whitepaper: Whitepaper

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