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Essay / Foresting: reward for creative content on the blockchain
Table of contentsIntroductionThe forest networkThe forest bankConclusionIntroductionThe need for humans to actively interact with each other, efficiently and quickly, is one of the main achievements of 'Internet. The way of communicating is a new factor introduced by the digital revolution. With this new technology, individuals can send messages over long distances in seconds and they will be received instantly on the other side of the world. Email was the first source of interaction and since then many other interactive platforms have also been introduced. The development of a new form of interaction that does not involve one individual with another but between groups of individuals began with the creation of social media platforms. These platforms provide many opportunities for individuals to share their thoughts and those of others, including the ability to like the actions of others. This provided an opportunity for Internet users to share their thoughts, lives, and daily activities through these social interaction networks. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay The Facebook platform is one of the most powerful social media networks in the world. Its influence has grown since its introduction in 2004 by Mark Zuckerberg. His influence on his ability to reach others through goodwill and messages of encouragement is unassailable. In 2018, Facebook's member base reached 14 billion people, posting millions of posts every two minutes and attracting many more reactions from readers. The social media platform is a powerful tool used by governments around the world for elections and government reporting interactions. This centralized method of online socializing has indeed been a huge success. Today we have others like Whatsapp, Twitter, Instagram and many more. Problems with the central mode of social media The fact that individuals use social media has come at a huge cost, unknown to users. Users gain access to the sleek features of these social networks, while in return their content is stored in huge social media storage silos and used for content advertisements. These operations generate enormous revenue for the platform at the expense of their users. This means that their user generated content becomes their properties from which they earn a lot of revenue. This creates a parasitic ecosystem for effective interaction benefits. To address this huge gap, the Foresting Project was established to achieve real value for user content. The Forest Network The Forest Network is a decentralized solution to the problem of unfair retention of data from centralized sources. social networks. This is achieved through the distribution of the value of all user-generated content across the network. People can share their daily activities and coordinate them in a way that allows them to be rewarded for their active interaction. The forest network is divided into 3 equal but distinct parts to create an efficient and useful ecosystem. These parts are: #1 Forest blockchain rewards social media #2 Forest bank #3 Forest laboratory Forest social media This is part of the forest ecosystem that is customized to help reward us. members of the forest platform through their participation in the generation of..