What Is DECENT?
DECENT is basically an open source content distribution platform that is decentralized and gives anyone an opportunity to purchase, sell, or even share contents without any form of manipulation or paying middlemen fees.
Decent also enables authors to directly share their contents with the consumers with the help of a blockchain technology and BitTorrent’s platform’s upgraded version. This process occurs without any political, geographical or cultural limitations.
DECENT holds a myriad of advantages over other forms of traditional platforms, and one of these benefits is the censorship resistance that it provides.
Censorship resistance is implemented by the decentralized nature of this platform, where all the servers are properly safeguarded and cannot be shut down or even targeted. It also gives the consumers ability to get contents at a pocket-friendly price, while at the same time ensuring that the creators of the contents keep the full percentage of the acquired profits. This is the beauty of using Decent blockchain content distribution platform.
To add on that, no kind of central authority dictates the amount of content that the consumers can download. This gives the content developers a rare opportunity of expressing themselves fully and to decide whether to succeed or fail in their craft, without giving consideration to governments or companies that see fit.
Decent platform has a special kind of recommendation, reputation, and feedback system that ensures that all the users are treated on equal terms.
How Decent Works
One thing that is important to note is that Decent is actually a decentralized application that operates on its Proof Of Custody/Proof of Work blockchain, and powered entirely by its native value token known as DCT (Decent).
The proof of custody system requires the publishers, referred to as miners to provide evidence that they possess an encrypted file (a published content), using zero knowledge proofs.
Decent allows different individuals like bloggers, authors, artists, and others to upload their media contents and select the price that users are required to pay before they download it.
The price at times can be as low as zero. Yes, zero.
The file passes through some processes before it can be made available to the audience. The first step is the initial uploading, which is followed by splitting and then encrypting. It is after that the file is uploaded to the main network.
Miners or publishers then host the uploaded content to enable other users to download it, though they have no means, whatsoever, of determining what is contained in the content.
When it comes to sharing the file, the system uses a modified and upgraded version of the BitTorrent protocol, where the nodes play the part of the seeders. However, the Decent Network, while acting as a special transaction, does the decryption and encryption of the file.
Once the consumer of the content has made payments for a particular item, he/she can go ahead and download the encrypted sections. After that, he/she will be handed the decryption key to enable him/her enjoy the full content.
The DCT ensures that the money the consumer has paid is then transferred to the author, but less the fee that is paid to the publishers for the work of hosting the contents.
DCT, which is the value token for Decent is used to publish or view a particular content. To prevent any spam and make sure that all the files that have been uploaded are all relevant, the DCT must be used for content publishing.
Apart from that, Decent has a strong reputation that will ensure that all users get access to the right content and also giving the content developer a lifetime reputation.
Decent platform does not take any kind of fee from the content viewer or creator, and this means that the content developers will have a full percentage of all the proceeds that are created via this platform.
To view or use the available content, users will not be charged any fee or subscription.
The Crowd Sale
The Decent Foundation, which is a non-profit entity, charged with the responsibility of developing, promoting and maintaining the platform; hosted a crowd sale that lasted for about eight weeks.
This was done to raise money for funding the project. Users were asked to purchase DCT tokens for Bitcoin, flat currencies or even alternative coins using Challengelly or Shapeshift.
Decent platform has been able to make certain good partnerships with popular media outlets since its announcement. Some of the media powerhouses that have struck partnership deals with Decent are Coremedia, Forklog, and NewsBTC.
The company has also made some deals with MinerGate, which is a blockchain firm and Naughty America.
It has also received $10,000 from Google Grants.
Decent is one of the best in this business and has succeeded in revolutionizing the distribution of data over the internet.