Backfeed: Difference between revisions
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URL = http://backfeed.cc | URL = http://backfeed.cc | ||
"A Social Operating System for Decentralized Organizations" | |||
=Description= | |||
"Facebook owned by its users, | |||
decentralized transportation networks independent of Uber, | |||
markets dominated by open-source communities where contributors are also shareholders, and where the value created is redistributed both fairly and transparently. Imagine the innovative potential of such organisations decoupled from the rigidities of hierarchical structures. | |||
Backfeed’s infrastructure comprises decentralized management tools, equity-sharing schemes, crowdsourcing mechanisms, and instruments for the collaborative evaluation and curation of content. | |||
The Backfeed protocol can fuel a variety of ventures, including decentralized journalism, insurance, ride-sharing applications and any other enterprise that would benefit from the decentralized, indirect coordination of large groups of individuals. | |||
Our goal is to enable the bootstrapping of decentralized organizations on top of the blockchain as easily as one would deploy a website today." | |||
=Characteristics= | |||
"* Dynamic Power Distribution: The Backfeed protocol implements a meritocratic governance system, dynamically adjusting the influence of peers in a decentralized network. | |||
* Proof of Value (PoV): Just as Bitcoin’s Proof of Work (PoW) algorithm rewards miners according to the amount of computational resources provided to the Bitcoin network, Backfeed’s PoV mechanism enables a decentralized network of peers to reach consensus about the perceived value of any contribution within the network, and reward it accordingly. | |||
* Accommodating Diversity: The Backfeed protocol drives communities into consensus by empowering aligned individuals, and translates disagreement into a diversity of networks." | |||
Revision as of 06:00, 30 January 2016
= Backfeed develops foundational tools for Decentralized Collaborative Organizations, syncing the spontaneous actions of millions of people to promote an era of collaboration and decentralized value production.
URL = http://backfeed.cc
"A Social Operating System for Decentralized Organizations"
Description
"Facebook owned by its users, decentralized transportation networks independent of Uber, markets dominated by open-source communities where contributors are also shareholders, and where the value created is redistributed both fairly and transparently. Imagine the innovative potential of such organisations decoupled from the rigidities of hierarchical structures.
Backfeed’s infrastructure comprises decentralized management tools, equity-sharing schemes, crowdsourcing mechanisms, and instruments for the collaborative evaluation and curation of content.
The Backfeed protocol can fuel a variety of ventures, including decentralized journalism, insurance, ride-sharing applications and any other enterprise that would benefit from the decentralized, indirect coordination of large groups of individuals.
Our goal is to enable the bootstrapping of decentralized organizations on top of the blockchain as easily as one would deploy a website today."
Characteristics
"* Dynamic Power Distribution: The Backfeed protocol implements a meritocratic governance system, dynamically adjusting the influence of peers in a decentralized network.
- Proof of Value (PoV): Just as Bitcoin’s Proof of Work (PoW) algorithm rewards miners according to the amount of computational resources provided to the Bitcoin network, Backfeed’s PoV mechanism enables a decentralized network of peers to reach consensus about the perceived value of any contribution within the network, and reward it accordingly.
- Accommodating Diversity: The Backfeed protocol drives communities into consensus by empowering aligned individuals, and translates disagreement into a diversity of networks."
More Information
More at The Blockchain Applications Directory